WIK: 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.
WIK
Largest movements
- Receivables within one year +€118,100
up €118,100 (+36.1%), from €327,280 to €445,379
of which Trade receivables: +€118,134
- Tangible fixed assets -€88,985
down €88,985 (-5.6%), from €1.6m to €1.5m
- Cash +€42,982
up €42,982 (+167%), from €25,678 to €68,660
mainly Net result for the year (+€207,451) and Other debts (+€95,750)
- Other debts +€95,750
up €95,750 (+73.7%), from €130,000 to €225,750
- Debts after one year -€87,051
down €87,051 (-18.8%), from €464,231 to €377,180
- Reserves +€80,000
up €80,000 (+7.3%), from €1.1m to €1.2m
- Current portion of long-term debt -€31,042
down €31,042 (-20.5%), from €151,426 to €120,384
- Tax, wage and social debts +€27,909
up €27,909 (+80.1%), from €34,836 to €62,745
- Depreciation -€11,821
down €11,821 (-11.3%), from €104,615 to €92,794
- Taxes +€8,017
up €8,017 (+9.5%), from €84,583 to €92,600
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.
Derived cash bridge
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 | €1,946,799 | €2,018,896 | +€72,097 | +3.7% |
| Fixed assets | 21/28 | €1,593,842 | €1,504,857 | -€88,985 | -5.6% |
| Tangible fixed assets | 22/27 | €1,593,842 | €1,504,857 | -€88,985 | -5.6% |
| Land and buildings | 22 | €1,593,842 | €1,504,857 | -€88,985 | -5.6% |
| Current assets | 29/58 | €352,958 | €514,039 | +€161,082 | +45.6% |
| Amounts receivable within one year | 40/41 | €327,280 | €445,379 | +€118,100 | +36.1% |
| Trade receivables | 40 | €327,232 | €445,365 | +€118,134 | +36.1% |
| Other amounts receivable | 41 | €48 | €14 | -€34 | -70.9% |
| Cash at bank and in hand | 54/58 | €25,678 | €68,660 | +€42,982 | +167% |
| Total equity and liabilities | 10/49 | €1,946,799 | €2,018,896 | +€72,097 | +3.7% |
| Equity | 10/15 | €1,104,468 | €1,185,920 | +€81,451 | +7.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,089,860 | €1,169,860 | +€80,000 | +7.3% |
| Distributable reserves | 133 | €1,089,860 | €1,169,860 | +€80,000 | +7.3% |
| Profit (loss) carried forward | 14 | €2,208 | €3,660 | +€1,451 | +65.7% |
| Amounts payable | 17/49 | €842,331 | €832,977 | -€9,354 | -1.1% |
| Amounts payable after more than one year | 17 | €464,231 | €377,180 | -€87,051 | -18.8% |
| Financial debts | 170/4 | €464,231 | €377,180 | -€87,051 | -18.8% |
| Amounts payable within one year | 42/48 | €320,556 | €413,576 | +€93,020 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €151,426 | €120,384 | -€31,042 | -20.5% |
| Trade debts | 44 | €4,294 | €4,696 | +€402 | +9.4% |
| Suppliers | 440/4 | €4,294 | €4,696 | +€402 | +9.4% |
| Taxes, remuneration and social security | 45 | €34,836 | €62,745 | +€27,909 | +80.1% |
| Taxes | 450/3 | €34,836 | €62,745 | +€27,909 | +80.1% |
| Other amounts payable | 47/48 | €130,000 | €225,750 | +€95,750 | +73.7% |
| Accrued charges and deferred income | 492/3 | €57,544 | €42,221 | -€15,323 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,615 | €92,794 | -€11,821 | -11.3% |
| Other operating charges | 640/8 | €14,761 | €17,041 | +€2,280 | +15.4% |
| Gross operating margin | 9900 | €430,624 | €433,703 | +€3,078 | +0.7% |
| Operating profit (loss) | 9901 | €311,249 | €323,868 | +€12,619 | +4.1% |
| Financial charges | 65/66B | €19,863 | €23,816 | +€3,953 | +19.9% |
| Recurring financial charges | 65 | €19,863 | €23,816 | +€3,953 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €291,385 | €300,051 | +€8,666 | +3.0% |
| Income taxes | 67/77 | €84,583 | €92,600 | +€8,017 | +9.5% |
| Profit (loss) for the period | 9904 | €206,802 | €207,451 | +€649 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €206,802 | €207,451 | +€649 | +0.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.