WICO: what changed
Two financial 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.
WICO
Largest movements
- Tangible fixed assets +€47,693
new in 2025: €47,693
of which Furniture and vehicles: +€46,681
- Receivables within one year -€22,143
down €22,143 (-45.2%), from €48,970 to €26,827
of which Trade receivables: -€36,505
- Cash -€3,040
down €3,040 (-32.7%), from €9,309 to €6,269
mainly Investment in fixed assets (net) (-€52,060) and Net result for the year (-€29,327)
- Reserves -€29,327
down €29,327 (-84.3%), from €34,792 to €5,465
- Other debts +€27,467
up €27,467 (+306.5%), from €8,963 to €36,430
- Debts after one year +€20,182
new in 2025: €20,182
- Current portion of long-term debt +€7,887
new in 2025: €7,887
- Tax, wage and social debts -€5,166
down €5,166 (-48.3%), from €10,702 to €5,536
- Gross operating margin -€64,736
down €64,736, from €43,540 to -€21,196
- Taxes -€8,701
down €8,701 (-99.5%), from €8,741 to €40
- Depreciation +€4,367
new in 2025: €4,367
- Other operating charges +€2,715
new in 2025: €2,715
- Financial charges +€978
up €978 (+3169.1%), from €31 to €1,009
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 | €58,279 | €81,287 | +€23,008 | +39.5% |
| Fixed assets | 21/28 | - | €47,693 | +€47,693 | |
| Tangible fixed assets | 22/27 | - | €47,693 | +€47,693 | |
| Plant, machinery and equipment | 23 | - | €1,012 | +€1,012 | |
| Furniture and vehicles | 24 | - | €46,681 | +€46,681 | |
| Current assets | 29/58 | €58,279 | €33,594 | -€24,685 | -42.4% |
| Amounts receivable within one year | 40/41 | €48,970 | €26,827 | -€22,143 | -45.2% |
| Trade receivables | 40 | €48,000 | €11,495 | -€36,505 | -76.1% |
| Other amounts receivable | 41 | €970 | €15,332 | +€14,362 | +1480.4% |
| Cash at bank and in hand | 54/58 | €9,309 | €6,269 | -€3,040 | -32.7% |
| Deferred charges and accrued income | 490/1 | - | €497 | +€497 | |
| Total equity and liabilities | 10/49 | €58,279 | €81,287 | +€23,008 | +39.5% |
| Equity | 10/15 | €35,792 | €6,465 | -€29,327 | -81.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,792 | €5,465 | -€29,327 | -84.3% |
| Distributable reserves | 133 | €34,792 | €5,465 | -€29,327 | -84.3% |
| Amounts payable | 17/49 | €22,487 | €74,822 | +€52,335 | +232.7% |
| Amounts payable after more than one year | 17 | - | €20,182 | +€20,182 | |
| Financial debts | 170/4 | - | €20,182 | +€20,182 | |
| Amounts payable within one year | 42/48 | €22,487 | €54,641 | +€32,153 | +143.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,887 | +€7,887 | |
| Trade debts | 44 | €2,823 | €4,787 | +€1,965 | +69.6% |
| Suppliers | 440/4 | €2,823 | €4,787 | +€1,965 | +69.6% |
| Taxes, remuneration and social security | 45 | €10,702 | €5,536 | -€5,166 | -48.3% |
| Taxes | 450/3 | €10,702 | €5,536 | -€5,166 | -48.3% |
| Other amounts payable | 47/48 | €8,963 | €36,430 | +€27,467 | +306.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,367 | +€4,367 | |
| Other operating charges | 640/8 | - | €2,715 | +€2,715 | |
| Gross operating margin | 9900 | €43,540 | -€21,196 | -€64,736 | |
| Operating profit (loss) | 9901 | €43,540 | -€28,278 | -€71,818 | |
| Financial income | 75/76B | €25 | €0 | -€25 | -100.0% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100.0% |
| Financial charges | 65/66B | €31 | €1,009 | +€978 | +3169.1% |
| Recurring financial charges | 65 | €31 | €1,009 | +€978 | +3169.1% |
| Profit (loss) for the period before taxes | 9903 | €43,533 | -€29,287 | -€72,821 | |
| Income taxes | 67/77 | €8,741 | €40 | -€8,701 | -99.5% |
| Profit (loss) for the period | 9904 | €34,792 | -€29,327 | -€64,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,792 | -€29,327 | -€64,119 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.