WICLO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WICLO
Largest movements
- Tangible fixed assets -€131,093
down €131,093 (-6.6%), from €2.0m to €1.9m
of which Land and buildings: -€115,148
- Debts after one year -€131,997
down €131,997 (-8.0%), from €1.7m to €1.5m
of which Financial debts: -€140,897
- Other debts -€63,376
down €63,376 (-20.1%), from €315,217 to €251,841
- Current portion of long-term debt +€62,409
up €62,409 (+83.0%), from €75,192 to €137,601
- Trade debts +€34,085
up €34,085 (+490.8%), from €6,945 to €41,030
- Gross operating margin +€66,278
up €66,278 (+34.6%), from €191,741 to €258,019
- Financial charges +€35,572
up €35,572 (+183.6%), from €19,375 to €54,947
- Depreciation +€22,855
up €22,855 (+17.2%), from €132,580 to €155,435
- Other operating charges +€11,270
up €11,270 (+29.4%), from €38,273 to €49,542
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,090,033 | €1,978,375 | -€111,658 | -5.3% |
| Fixed assets | 21/28 | €1,997,574 | €1,866,481 | -€131,093 | -6.6% |
| Tangible fixed assets | 22/27 | €1,997,573 | €1,866,480 | -€131,093 | -6.6% |
| Land and buildings | 22 | €1,948,467 | €1,833,319 | -€115,148 | -5.9% |
| Plant, machinery and equipment | 23 | €4,319 | €3,400 | -€920 | -21.3% |
| Furniture and vehicles | 24 | €44,787 | €29,761 | -€15,026 | -33.5% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €92,459 | €111,894 | +€19,435 | +21.0% |
| Amounts receivable within one year | 40/41 | €82,926 | €84,583 | +€1,657 | +2.0% |
| Trade receivables | 40 | €82,926 | €84,583 | +€1,657 | +2.0% |
| Cash at bank and in hand | 54/58 | €9,532 | €27,310 | +€17,778 | +186.5% |
| Total equity and liabilities | 10/49 | €2,090,033 | €1,978,375 | -€111,658 | -5.3% |
| Equity | 10/15 | €15,382 | €13,066 | -€2,316 | -15.1% |
| Contributions | 10/11 | €298,221 | €298,221 | = | 0.0% |
| Capital | 10 | €298,221 | €298,221 | = | 0.0% |
| Issued capital | 100 | €298,221 | €298,221 | = | 0.0% |
| Revaluation surpluses | 12 | €259,604 | €259,604 | = | 0.0% |
| Reserves | 13 | €48,564 | €42,043 | -€6,521 | -13.4% |
| Non-distributable reserves | 130/1 | €25,822 | €25,822 | = | 0.0% |
| Legal reserve | 130 | €25,822 | €25,822 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,742 | €16,221 | -€6,521 | -28.7% |
| Profit (loss) carried forward | 14 | -€591,006 | -€586,801 | +€4,204 | +0.7% |
| Provisions and deferred taxes | 16 | €11,710 | €8,352 | -€3,358 | -28.7% |
| Deferred taxes | 168 | €11,710 | €8,352 | -€3,358 | -28.7% |
| Amounts payable | 17/49 | €2,062,940 | €1,956,956 | -€105,984 | -5.1% |
| Amounts payable after more than one year | 17 | €1,654,661 | €1,522,664 | -€131,997 | -8.0% |
| Financial debts | 170/4 | €1,372,464 | €1,231,566 | -€140,897 | -10.3% |
| Other amounts payable | 178/9 | €282,197 | €291,097 | +€8,900 | +3.2% |
| Amounts payable within one year | 42/48 | €408,279 | €434,292 | +€26,013 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €75,192 | €137,601 | +€62,409 | +83.0% |
| Trade debts | 44 | €6,945 | €41,030 | +€34,085 | +490.8% |
| Suppliers | 440/4 | €6,945 | €41,030 | +€34,085 | +490.8% |
| Taxes, remuneration and social security | 45 | €10,924 | €3,820 | -€7,105 | -65.0% |
| Taxes | 450/3 | €10,924 | €3,820 | -€7,105 | -65.0% |
| Other amounts payable | 47/48 | €315,217 | €251,841 | -€63,376 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,580 | €155,435 | +€22,855 | +17.2% |
| Other operating charges | 640/8 | €38,273 | €49,542 | +€11,270 | +29.4% |
| Gross operating margin | 9900 | €191,741 | €258,019 | +€66,278 | +34.6% |
| Operating profit (loss) | 9901 | €20,888 | €53,042 | +€32,154 | +153.9% |
| Financial income | 75/76B | €12 | €51 | +€40 | +334.9% |
| Recurring financial income | 75 | €12 | €51 | +€40 | +334.9% |
| Financial charges | 65/66B | €19,375 | €54,947 | +€35,572 | +183.6% |
| Recurring financial charges | 65 | €19,375 | €54,947 | +€35,572 | +183.6% |
| Profit (loss) for the period before taxes | 9903 | €1,524 | -€1,854 | -€3,379 | |
| Transfer from deferred taxes | 780 | €3,358 | €3,358 | = | 0.0% |
| Income taxes | 67/77 | €1,467 | €3,820 | +€2,353 | +160.4% |
| Profit (loss) for the period | 9904 | €3,415 | -€2,316 | -€5,731 | |
| Transfer from tax-exempt reserves | 789 | €6,521 | €6,521 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,936 | €4,204 | -€5,731 | -57.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.