Wico Invest: what changed
What changed
Wico Invest
NACE 77.110, Renting and leasing of cars and light motor vehicles
filed annual accounts (NBB)
Net result for the year
-€202,805
2024 · €1,385-€204,190
Equity
-€136,471
2024 · €66,334-€202,805
Cash
-
2024 · €325-€325
Balance sheet total
€620,608
2024 · €301,023+€319,585
Largest movements
Assets
- Tangible fixed assets +€596,961
up €596,961, from €0 to €596,961
of which Leasing and similar rights: +€300,143
- Stocks and contracts -€300,000
no longer reported in 2025 (was €300,000)
- Receivables within one year +€22,948
up €22,948 (+3,286%), from €698 to €23,647
of which Trade receivables: +€20,894
Equity and liabilities
- Debts after one year +€411,891
new in 2025: €411,891
- Profit (loss) carried forward -€202,805
down €202,805 (-2,909%), from -€6,971 to -€209,776
- Other debts +€88,593
up €88,593 (+52.7%), from €168,108 to €256,701
- Trade debts -€56,859
down €56,859 (-87.9%), from €64,676 to €7,817
- Current portion of long-term debt +€52,622
new in 2025: €52,622
Income statement
- Gross operating margin -€125,932
down €125,932, from €6,848 to -€119,084
- Depreciation +€57,880
new in 2025: €57,880
- Other operating charges +€11,122
up €11,122 (+105,924%), from €11 to €11,133
- Financial charges +€8,793
up €8,793 (+161%), from €5,453 to €14,246
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,385
Gross operating margin
-€125,932
Staff costs
-€357
Depreciation
-€57,880
Other operating charges
-€11,122
Financial income
+€139
Financial charges
-€8,793
Taxes
-€245
Result 2025
-€202,805
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€174,283
Investment
-€654,841
Financing
+€480,233
Cash 2024
€325
From operations (derived)
+€174,283
Net result for the year
-€202,805
Depreciation
+€57,880
Stocks and contracts
+€300,000
Receivables within one year
-€22,948
Trade debts
-€56,859
Tax, wage and social debts
-€545
Other debts
+€88,593
Accrued charges and deferred income
+€10,967
Investment (derived)
-€654,841
Investment in fixed assets (net)
-€654,841
Financing
+€480,233
Debts after one year
+€411,891
Current portion of long-term debt
+€52,622
Short-term financial debts
+€15,721
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €301,023 | €620,608 | +€319,585 | +106% |
| Fixed assets | 21/28 | €0 | €596,961 | +€596,961 | |
| Tangible fixed assets | 22/27 | €0 | €596,961 | +€596,961 | |
| Land and buildings | 22 | - | €277,395 | +€277,395 | |
| Plant, machinery and equipment | 23 | €0 | €6,122 | +€6,122 | |
| Furniture and vehicles | 24 | €0 | €13,301 | +€13,301 | |
| Leasing and similar rights | 25 | - | €300,143 | +€300,143 | |
| Current assets | 29/58 | €301,023 | €23,647 | -€277,377 | -92.1% |
| Stocks and contracts in progress | 3 | €300,000 | - | -€300,000 | |
| Stocks | 30/36 | €300,000 | - | -€300,000 | |
| Amounts receivable within one year | 40/41 | €698 | €23,647 | +€22,948 | +3,286% |
| Trade receivables | 40 | - | €20,894 | +€20,894 | |
| Other amounts receivable | 41 | €698 | €2,753 | +€2,055 | +294% |
| Cash at bank and in hand | 54/58 | €325 | - | -€325 | |
| Total equity and liabilities | 10/49 | €301,023 | €620,608 | +€319,585 | +106% |
| Equity | 10/15 | €66,334 | -€136,471 | -€202,805 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,705 | €54,705 | = | 0.0% |
| Distributable reserves | 133 | €54,705 | €54,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,971 | -€209,776 | -€202,805 | -2,909% |
| Amounts payable | 17/49 | €234,690 | €757,079 | +€522,389 | +223% |
| Amounts payable after more than one year | 17 | - | €411,891 | +€411,891 | |
| Financial debts | 170/4 | - | €411,891 | +€411,891 | |
| Amounts payable within one year | 42/48 | €233,330 | €332,861 | +€99,532 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | - | €52,622 | +€52,622 | |
| Financial debts | 43 | - | €15,721 | +€15,721 | |
| Credit institutions | 430/8 | - | €15,721 | +€15,721 | |
| Trade debts | 44 | €64,676 | €7,817 | -€56,859 | -87.9% |
| Suppliers | 440/4 | €64,676 | €7,817 | -€56,859 | -87.9% |
| Taxes, remuneration and social security | 45 | €545 | - | -€545 | |
| Taxes | 450/3 | €545 | - | -€545 | |
| Other amounts payable | 47/48 | €168,108 | €256,701 | +€88,593 | +52.7% |
| Accrued charges and deferred income | 492/3 | €1,360 | €12,327 | +€10,967 | +806% |
| Remuneration, social security and pensions | 62 | - | €357 | +€357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €57,880 | +€57,880 | |
| Other operating charges | 640/8 | €11 | €11,133 | +€11,122 | +105,924% |
| Gross operating margin | 9900 | €6,848 | -€119,084 | -€125,932 | |
| Operating profit (loss) | 9901 | €6,838 | -€188,454 | -€195,291 | |
| Financial income | 75/76B | €1 | €139 | +€139 | +17,315% |
| Recurring financial income | 75 | €1 | €139 | +€139 | +17,315% |
| Financial charges | 65/66B | €5,453 | €14,246 | +€8,793 | +161% |
| Recurring financial charges | 65 | €5,453 | €14,246 | +€8,793 | +161% |
| Profit (loss) for the period before taxes | 9903 | €1,385 | -€202,560 | -€203,945 | |
| Income taxes | 67/77 | - | €245 | +€245 | |
| Profit (loss) for the period | 9904 | €1,385 | -€202,805 | -€204,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,385 | -€202,805 | -€204,190 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.