WILCOTEC: 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.
WILCOTEC
Largest movements
- Tangible fixed assets +€25,200
up €25,200 (+1,430%), from €1,762 to €26,962
- Cash -€3,066
down €3,066 (-15.0%), from €20,428 to €17,362
mainly Investment in fixed assets (net) (-€27,722) and Tax, wage and social debts (-€4,116)
- Deferred charges and accrued income +€2,294
up €2,294 (+3,098%), from €74 to €2,368
- Formation expenses -€802
down €802 (-51.8%), from €1,546 to €744
- Receivables within one year +€770
up €770 (+7.3%), from €10,597 to €11,367
of which Trade receivables: +€657
- Debts after one year +€19,364
new in 2025: €19,364
- Current portion of long-term debt +€4,962
new in 2025: €4,962
- Tax, wage and social debts -€4,116
down €4,116 (-68.2%), from €6,034 to €1,918
- Profit (loss) carried forward +€2,778
up €2,778 (+11.1%), from €24,971 to €27,748
- Other debts +€1,377
up €1,377 (+119%), from €1,161 to €2,538
- Gross operating margin -€22,386
down €22,386 (-65.8%), from €34,034 to €11,648
- Taxes -€4,793
down €4,793 (-60.1%), from €7,979 to €3,187
- Depreciation +€2,415
up €2,415 (+266%), from €909 to €3,323
- Financial charges +€2,241
new in 2025: €2,241
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 | €34,407 | €58,803 | +€24,396 | +70.9% |
| Formation expenses | 20 | €1,546 | €744 | -€802 | -51.8% |
| Fixed assets | 21/28 | €1,762 | €26,962 | +€25,200 | +1,430% |
| Tangible fixed assets | 22/27 | €1,762 | €26,962 | +€25,200 | +1,430% |
| Furniture and vehicles | 24 | €1,762 | €26,962 | +€25,200 | +1,430% |
| Current assets | 29/58 | €31,099 | €31,097 | -€2 | 0.0% |
| Amounts receivable within one year | 40/41 | €10,597 | €11,367 | +€770 | +7.3% |
| Trade receivables | 40 | €10,576 | €11,233 | +€657 | +6.2% |
| Other amounts receivable | 41 | €21 | €134 | +€113 | +550% |
| Cash at bank and in hand | 54/58 | €20,428 | €17,362 | -€3,066 | -15.0% |
| Deferred charges and accrued income | 490/1 | €74 | €2,368 | +€2,294 | +3,098% |
| Total equity and liabilities | 10/49 | €34,407 | €58,803 | +€24,396 | +70.9% |
| Equity | 10/15 | €25,971 | €28,748 | +€2,778 | +10.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,971 | €27,748 | +€2,778 | +11.1% |
| Amounts payable | 17/49 | €8,436 | €30,055 | +€21,619 | +256% |
| Amounts payable after more than one year | 17 | - | €19,364 | +€19,364 | |
| Financial debts | 170/4 | - | €19,364 | +€19,364 | |
| Amounts payable within one year | 42/48 | €8,436 | €10,691 | +€2,255 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,962 | +€4,962 | |
| Trade debts | 44 | €1,241 | €1,273 | +€32 | +2.6% |
| Suppliers | 440/4 | €1,241 | €1,273 | +€32 | +2.6% |
| Taxes, remuneration and social security | 45 | €6,034 | €1,918 | -€4,116 | -68.2% |
| Taxes | 450/3 | €6,034 | €1,918 | -€4,116 | -68.2% |
| Other amounts payable | 47/48 | €1,161 | €2,538 | +€1,377 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €909 | €3,323 | +€2,415 | +266% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €34,034 | €11,648 | -€22,386 | -65.8% |
| Operating profit (loss) | 9901 | €33,007 | €8,205 | -€24,803 | -75.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €2,241 | +€2,241 | |
| Recurring financial charges | 65 | - | €2,241 | +€2,241 | |
| Profit (loss) for the period before taxes | 9903 | €33,007 | €5,964 | -€27,043 | -81.9% |
| Income taxes | 67/77 | €7,979 | €3,187 | -€4,793 | -60.1% |
| Profit (loss) for the period | 9904 | €25,028 | €2,778 | -€22,250 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,028 | €2,778 | -€22,250 | -88.9% |
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 25 October 2026 via checked.be.