WIGA: 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.
WIGA
Largest movements
- Stocks and contracts -€141,659
down €141,659 (-19.2%), from €736,425 to €594,766
- Receivables within one year -€43,311
down €43,311 (-80.9%), from €53,568 to €10,258
- Other debts -€173,525
down €173,525 (-79.6%), from €218,103 to €44,578
- Trade debts +€170,513
up €170,513 (+342.1%), from €49,847 to €220,360
- Debts after one year -€62,912
down €62,912 (-36.9%), from €170,720 to €107,808
- Short-term financial debts -€54,059
down €54,059 (-7.9%), from €685,677 to €631,618
- Reserves -€44,878
down €44,878 (-57.8%), from €77,661 to €32,783
- Gross operating margin -€67,845
down €67,845 (-27.5%), from €246,466 to €178,621
- Depreciation -€17,969
down €17,969 (-9.8%), from €183,949 to €165,980
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,008,582 | €3,819,019 | -€189,563 | -4.7% |
| Fixed assets | 21/28 | €3,210,304 | €3,205,128 | -€5,175 | -0.2% |
| Tangible fixed assets | 22/27 | €3,210,304 | €3,205,128 | -€5,175 | -0.2% |
| Land and buildings | 22 | €3,083,131 | €2,995,694 | -€87,437 | -2.8% |
| Plant, machinery and equipment | 23 | €127,172 | €209,435 | +€82,262 | +64.7% |
| Current assets | 29/58 | €798,278 | €613,891 | -€184,388 | -23.1% |
| Stocks and contracts in progress | 3 | €736,425 | €594,766 | -€141,659 | -19.2% |
| Stocks | 30/36 | €736,425 | €594,766 | -€141,659 | -19.2% |
| Amounts receivable within one year | 40/41 | €53,568 | €10,258 | -€43,311 | -80.9% |
| Trade receivables | 40 | €53,568 | €10,258 | -€43,311 | -80.9% |
| Deferred charges and accrued income | 490/1 | €8,285 | €8,867 | +€582 | +7.0% |
| Total equity and liabilities | 10/49 | €4,008,582 | €3,819,019 | -€189,563 | -4.7% |
| Equity | 10/15 | €2,742,870 | €2,713,452 | -€29,418 | -1.1% |
| Revaluation surpluses | 12 | €2,663,733 | €2,663,733 | = | 0.0% |
| Reserves | 13 | €77,661 | €32,783 | -€44,878 | -57.8% |
| Tax-exempt reserves | 132 | €77,661 | €32,783 | -€44,878 | -57.8% |
| Profit (loss) carried forward | 14 | €1,476 | €16,936 | +€15,460 | +1047.7% |
| Provisions and deferred taxes | 16 | €40,067 | €16,958 | -€23,109 | -57.7% |
| Deferred taxes | 168 | €40,067 | €16,958 | -€23,109 | -57.7% |
| Amounts payable | 17/49 | €1,225,646 | €1,088,610 | -€137,036 | -11.2% |
| Amounts payable after more than one year | 17 | €170,720 | €107,808 | -€62,912 | -36.9% |
| Financial debts | 170/4 | €170,720 | €107,808 | -€62,912 | -36.9% |
| Amounts payable within one year | 42/48 | €1,026,770 | €980,802 | -€45,968 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €62,912 | €62,912 | = | 0.0% |
| Financial debts | 43 | €685,677 | €631,618 | -€54,059 | -7.9% |
| Credit institutions | 430/8 | €685,677 | €631,618 | -€54,059 | -7.9% |
| Trade debts | 44 | €49,847 | €220,360 | +€170,513 | +342.1% |
| Suppliers | 440/4 | €49,847 | €220,360 | +€170,513 | +342.1% |
| Taxes, remuneration and social security | 45 | €10,231 | €21,334 | +€11,103 | +108.5% |
| Taxes | 450/3 | €10,231 | €21,334 | +€11,103 | +108.5% |
| Other amounts payable | 47/48 | €218,103 | €44,578 | -€173,525 | -79.6% |
| Accrued charges and deferred income | 492/3 | €28,156 | - | -€28,156 | |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,949 | €165,980 | -€17,969 | -9.8% |
| Other operating charges | 640/8 | €21,262 | €22,823 | +€1,561 | +7.3% |
| Gross operating margin | 9900 | €246,466 | €178,621 | -€67,845 | -27.5% |
| Operating profit (loss) | 9901 | €41,256 | -€10,182 | -€51,438 | |
| Financial charges | 65/66B | €43,096 | €42,345 | -€751 | -1.7% |
| Recurring financial charges | 65 | €43,096 | €42,345 | -€751 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,840 | -€52,527 | -€50,686 | -2754.2% |
| Transfer from deferred taxes | 780 | €23,109 | €23,109 | = | 0.0% |
| Profit (loss) for the period | 9904 | €21,269 | -€29,418 | -€50,686 | |
| Transfer from tax-exempt reserves | 789 | €44,878 | €44,878 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,147 | €15,460 | -€50,686 | -76.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.