WILCOVAN: 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.
WILCOVAN
Largest movements
- Cash +€53,080
up €53,080 (+105%), from €50,745 to €103,825
mainly Net result for the year (+€41,113) and Tax, wage and social debts (+€11,551)
- Reserves +€41,113
up €41,113 (+108%), from €38,103 to €79,216
- Tax, wage and social debts +€11,551
up €11,551 (+91.2%), from €12,669 to €24,220
- Other debts +€1,364
up €1,364 (+65.2%), from €2,093 to €3,457
- Gross operating margin +€3,080
up €3,080 (+6.3%), from €48,951 to €52,031
- Other operating charges -€919
down €919 (-73.5%), from €1,251 to €332
- Taxes +€827
up €827 (+8.6%), from €9,591 to €10,419
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 | €55,865 | €110,020 | +€54,156 | +96.9% |
| Current assets | 29/58 | €55,865 | €110,020 | +€54,156 | +96.9% |
| Amounts receivable within one year | 40/41 | €5,120 | €6,195 | +€1,075 | +21.0% |
| Trade receivables | 40 | €5,120 | €6,195 | +€1,075 | +21.0% |
| Cash at bank and in hand | 54/58 | €50,745 | €103,825 | +€53,080 | +105% |
| Total equity and liabilities | 10/49 | €55,865 | €110,020 | +€54,156 | +96.9% |
| Equity | 10/15 | €41,103 | €82,216 | +€41,113 | +100% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €38,103 | €79,216 | +€41,113 | +108% |
| Distributable reserves | 133 | €38,103 | €79,216 | +€41,113 | +108% |
| Amounts payable | 17/49 | €14,762 | €27,804 | +€13,042 | +88.4% |
| Amounts payable within one year | 42/48 | €14,762 | €27,804 | +€13,042 | +88.4% |
| Trade debts | 44 | - | €128 | +€128 | |
| Suppliers | 440/4 | - | €128 | +€128 | |
| Taxes, remuneration and social security | 45 | €12,669 | €24,220 | +€11,551 | +91.2% |
| Taxes | 450/3 | €12,669 | €24,220 | +€11,551 | +91.2% |
| Other amounts payable | 47/48 | €2,093 | €3,457 | +€1,364 | +65.2% |
| Other operating charges | 640/8 | €1,251 | €332 | -€919 | -73.5% |
| Gross operating margin | 9900 | €48,951 | €52,031 | +€3,080 | +6.3% |
| Operating profit (loss) | 9901 | €47,700 | €51,700 | +€4,000 | +8.4% |
| Financial charges | 65/66B | €6 | €168 | +€162 | +2,774% |
| Recurring financial charges | 65 | €6 | €168 | +€162 | +2,774% |
| Profit (loss) for the period before taxes | 9903 | €47,694 | €51,532 | +€3,838 | +8.0% |
| Income taxes | 67/77 | €9,591 | €10,419 | +€827 | +8.6% |
| Profit (loss) for the period | 9904 | €38,103 | €41,113 | +€3,010 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,103 | €41,113 | +€3,010 | +7.9% |
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 23 October 2026 via checked.be.