WICOFIN: 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.
WICOFIN
Largest movements
- Current investments +€21,667
new in 2025: €21,667
- Cash -€16,074
down €16,074 (-54.2%), from €29,638 to €13,564
mainly Current investments (-€21,667) and Receivables within one year (-€7,092)
- Receivables within one year +€7,092
up €7,092 (+36.5%), from €19,430 to €26,521
of which Other amounts receivable: +€4,434
- Deferred charges and accrued income +€694
up €694 (+32.4%), from €2,141 to €2,835
- Reserves +€22,025
new in 2025: €22,025
- Other debts -€5,834
down €5,834 (-77.8%), from €7,500 to €1,666
- Tax, wage and social debts -€3,698
down €3,698 (-32.9%), from €11,243 to €7,545
of which Remuneration and social security: -€3,798
- Gross operating margin -€4,651
down €4,651 (-11.1%), from €42,056 to €37,405
- Financial charges +€4,508
up €4,508 (+359.8%), from €1,253 to €5,761
- Financial income +€779
up €779 (+154.2%), from €505 to €1,285
- Taxes +€575
up €575 (+6.7%), from €8,535 to €9,109
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 | €51,209 | €64,588 | +€13,379 | +26.1% |
| Current assets | 29/58 | €51,209 | €64,588 | +€13,379 | +26.1% |
| Amounts receivable within one year | 40/41 | €19,430 | €26,521 | +€7,092 | +36.5% |
| Trade receivables | 40 | €11,820 | €14,477 | +€2,657 | +22.5% |
| Other amounts receivable | 41 | €7,610 | €12,045 | +€4,434 | +58.3% |
| Current investments | 50/53 | - | €21,667 | +€21,667 | |
| Cash at bank and in hand | 54/58 | €29,638 | €13,564 | -€16,074 | -54.2% |
| Deferred charges and accrued income | 490/1 | €2,141 | €2,835 | +€694 | +32.4% |
| Total equity and liabilities | 10/49 | €51,209 | €64,588 | +€13,379 | +26.1% |
| Equity | 10/15 | €30,224 | €52,249 | +€22,025 | +72.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €22,025 | +€22,025 | |
| Distributable reserves | 133 | - | €22,025 | +€22,025 | |
| Profit (loss) carried forward | 14 | €25,224 | €25,224 | = | 0.0% |
| Amounts payable | 17/49 | €20,985 | €12,338 | -€8,646 | -41.2% |
| Amounts payable within one year | 42/48 | €20,985 | €11,710 | -€9,275 | -44.2% |
| Trade debts | 44 | €2,242 | €2,498 | +€257 | +11.5% |
| Suppliers | 440/4 | €2,242 | €2,498 | +€257 | +11.5% |
| Taxes, remuneration and social security | 45 | €11,243 | €7,545 | -€3,698 | -32.9% |
| Taxes | 450/3 | €7,446 | €7,545 | +€100 | +1.3% |
| Remuneration and social security | 454/9 | €3,798 | €0 | -€3,798 | -100.0% |
| Other amounts payable | 47/48 | €7,500 | €1,666 | -€5,834 | -77.8% |
| Accrued charges and deferred income | 492/3 | - | €629 | +€629 | |
| Other operating charges | 640/8 | €50 | €128 | +€78 | +156.0% |
| Gross operating margin | 9900 | €42,056 | €37,405 | -€4,651 | -11.1% |
| Operating profit (loss) | 9901 | €42,006 | €37,277 | -€4,729 | -11.3% |
| Financial income | 75/76B | €505 | €1,285 | +€779 | +154.2% |
| Recurring financial income | 75 | €505 | €1,285 | +€779 | +154.2% |
| Financial charges | 65/66B | €1,253 | €5,761 | +€4,508 | +359.8% |
| Recurring financial charges | 65 | €1,253 | €5,761 | +€4,508 | +359.8% |
| Profit (loss) for the period before taxes | 9903 | €41,258 | €32,801 | -€8,458 | -20.5% |
| Income taxes | 67/77 | €8,535 | €9,109 | +€575 | +6.7% |
| Profit (loss) for the period | 9904 | €32,724 | €23,691 | -€9,032 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,724 | €23,691 | -€9,032 | -27.6% |
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 9 October 2026 via checked.be.