Wilcoast: 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.
Wilcoast
Largest movements
- Receivables within one year -€128,947
down €128,947 (-47.1%), from €273,658 to €144,711
of which Other amounts receivable: -€161,415
- Tangible fixed assets -€114,698
down €114,698 (-26.1%), from €439,531 to €324,833
of which Plant, machinery and equipment: -€116,642
- Cash +€24,435
up €24,435 (+423%), from €5,776 to €30,210
mainly Net result for the year (+€833,662) and Depreciation (+€147,428)
- Intangible fixed assets -€20,913
down €20,913 (-43.4%), from €48,159 to €27,246
- Receivables after one year -€9,301
down €9,301 (-25.1%), from €37,102 to €27,802
- Other debts -€352,206
down €352,206 (-100%), from €352,206 to €0
- Reserves +€133,662
up €133,662 (+157%), from €84,868 to €218,531
of which Distributable reserves: +€133,662
- Trade debts -€10,634
down €10,634 (-14.8%), from €71,809 to €61,175
- Tax, wage and social debts -€9,366
down €9,366 (-47.2%), from €19,829 to €10,463
of which Remuneration and social security: -€8,198
- Gross operating margin +€406,096
up €406,096 (+34.0%), from €1.2m to €1.6m
- Other operating charges +€26,229
up €26,229 (+8.7%), from €300,329 to €326,557
- Staff costs -€17,483
down €17,483 (-5.7%), from €306,232 to €288,749
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 | €835,692 | €594,248 | -€241,444 | -28.9% |
| Fixed assets | 21/28 | €512,690 | €377,079 | -€135,611 | -26.5% |
| Intangible fixed assets | 21 | €48,159 | €27,246 | -€20,913 | -43.4% |
| Tangible fixed assets | 22/27 | €439,531 | €324,833 | -€114,698 | -26.1% |
| Plant, machinery and equipment | 23 | €434,137 | €317,495 | -€116,642 | -26.9% |
| Furniture and vehicles | 24 | €5,394 | €7,338 | +€1,944 | +36.0% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €323,003 | €217,169 | -€105,833 | -32.8% |
| Amounts receivable after more than one year | 29 | €37,102 | €27,802 | -€9,301 | -25.1% |
| Other amounts receivable | 291 | €37,102 | €27,802 | -€9,301 | -25.1% |
| Amounts receivable within one year | 40/41 | €273,658 | €144,711 | -€128,947 | -47.1% |
| Trade receivables | 40 | €110,651 | €143,119 | +€32,468 | +29.3% |
| Other amounts receivable | 41 | €163,007 | €1,593 | -€161,415 | -99.0% |
| Cash at bank and in hand | 54/58 | €5,776 | €30,210 | +€24,435 | +423% |
| Deferred charges and accrued income | 490/1 | €6,467 | €14,446 | +€7,979 | +123% |
| Total equity and liabilities | 10/49 | €835,692 | €594,248 | -€241,444 | -28.9% |
| Equity | 10/15 | €384,868 | €518,531 | +€133,662 | +34.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €84,868 | €218,531 | +€133,662 | +157% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €54,868 | €188,531 | +€133,662 | +244% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €450,824 | €75,718 | -€375,106 | -83.2% |
| Amounts payable after more than one year | 17 | €4,080 | €4,080 | = | 0.0% |
| Financial debts | 170/4 | - | €4,080 | +€4,080 | |
| Other amounts payable | 178/9 | €4,080 | - | -€4,080 | |
| Amounts payable within one year | 42/48 | €443,844 | €71,638 | -€372,206 | -83.9% |
| Trade debts | 44 | €71,809 | €61,175 | -€10,634 | -14.8% |
| Suppliers | 440/4 | €71,809 | €61,175 | -€10,634 | -14.8% |
| Taxes, remuneration and social security | 45 | €19,829 | €10,463 | -€9,366 | -47.2% |
| Taxes | 450/3 | €1,168 | €0 | -€1,168 | -100% |
| Remuneration and social security | 454/9 | €18,661 | €10,463 | -€8,198 | -43.9% |
| Other amounts payable | 47/48 | €352,206 | €0 | -€352,206 | -100% |
| Accrued charges and deferred income | 492/3 | €2,900 | €0 | -€2,900 | -100% |
| Non-recurring operating income | 76A | €2,256 | €2,838 | +€582 | +25.8% |
| Remuneration, social security and pensions | 62 | €306,232 | €288,749 | -€17,483 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,774 | €147,428 | -€9,346 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €739 | €0 | -€739 | -100% |
| Other operating charges | 640/8 | €300,329 | €326,557 | +€26,229 | +8.7% |
| Non-recurring operating charges | 66A | €974 | €178 | -€796 | -81.7% |
| Gross operating margin | 9900 | €1,193,735 | €1,599,831 | +€406,096 | +34.0% |
| Operating profit (loss) | 9901 | €428,687 | €836,918 | +€408,230 | +95.2% |
| Financial income | 75/76B | - | €149 | +€149 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Financial charges | 65/66B | €5,281 | €2,490 | -€2,791 | -52.9% |
| Recurring financial charges | 65 | €5,281 | €2,490 | -€2,791 | -52.9% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €423,406 | €834,577 | +€411,171 | +97.1% |
| Income taxes | 67/77 | €993 | €915 | -€78 | -7.8% |
| Profit (loss) for the period | 9904 | €422,413 | €833,662 | +€411,249 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €422,413 | €833,662 | +€411,249 | +97.4% |
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 17 October 2026 via checked.be.