WILVIC: 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.
WILVIC
Largest movements
- Receivables within one year +€87,826
up €87,826 (+43.9%), from €199,950 to €287,775
of which Trade receivables: +€86,911
- Cash -€65,578
down €65,578 (-99.9%), from €65,641 to €62
mainly Receivables within one year (-€87,826) and Trade debts (-€46,513)
- Intangible fixed assets +€35,327
new in 2024: €35,327
- Profit (loss) carried forward +€117,869
up €117,869 (+311.2%), from €37,880 to €155,749
- Trade debts -€46,513
down €46,513 (-99.5%), from €46,726 to €214
- Tax, wage and social debts -€34,891
down €34,891 (-35.4%), from €98,600 to €63,709
of which Taxes: -€32,156
- Short-term financial debts +€33,976
up €33,976 (+76.0%), from €44,694 to €78,670
- Other debts -€11,800
down €11,800 (-48.9%), from €24,110 to €12,310
- Gross operating margin +€157,049
up €157,049 (+2639.7%), from €5,950 to €162,998
- Taxes +€15,311
up €15,311 (+672.2%), from €2,278 to €17,589
- Financial charges -€11,314
down €11,314 (-43.6%), from €25,921 to €14,607
- Depreciation +€4,505
up €4,505 (+298.3%), from €1,510 to €6,015
- Other operating charges +€3,338
up €3,338 (+87.8%), from €3,801 to €7,139
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,491 | €331,111 | +€55,621 | +20.2% |
| Fixed assets | 21/28 | €4,148 | €38,133 | +€33,985 | +819.3% |
| Intangible fixed assets | 21 | - | €35,327 | +€35,327 | |
| Tangible fixed assets | 22/27 | €3,787 | €2,445 | -€1,342 | -35.4% |
| Land and buildings | 22 | €1,420 | €1,165 | -€255 | -17.9% |
| Plant, machinery and equipment | 23 | €43 | - | -€43 | |
| Furniture and vehicles | 24 | €2,324 | €1,280 | -€1,045 | -44.9% |
| Financial fixed assets | 28 | €361 | €361 | = | 0.0% |
| Current assets | 29/58 | €271,343 | €292,979 | +€21,636 | +8.0% |
| Stocks and contracts in progress | 3 | €5,079 | €5,079 | = | 0.0% |
| Stocks | 30/36 | €5,079 | €5,079 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €199,950 | €287,775 | +€87,826 | +43.9% |
| Trade receivables | 40 | €190,878 | €277,789 | +€86,911 | +45.5% |
| Other amounts receivable | 41 | €9,072 | €9,986 | +€914 | +10.1% |
| Cash at bank and in hand | 54/58 | €65,641 | €62 | -€65,578 | -99.9% |
| Deferred charges and accrued income | 490/1 | €674 | €63 | -€611 | -90.7% |
| Total equity and liabilities | 10/49 | €275,491 | €331,111 | +€55,621 | +20.2% |
| Equity | 10/15 | €58,340 | €176,209 | +€117,869 | +202.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,880 | €155,749 | +€117,869 | +311.2% |
| Amounts payable | 17/49 | €217,151 | €154,903 | -€62,248 | -28.7% |
| Amounts payable within one year | 42/48 | €216,317 | €154,903 | -€61,415 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €2,187 | - | -€2,187 | |
| Financial debts | 43 | €44,694 | €78,670 | +€33,976 | +76.0% |
| Credit institutions | 430/8 | €44,694 | €78,670 | +€33,976 | +76.0% |
| Trade debts | 44 | €46,726 | €214 | -€46,513 | -99.5% |
| Suppliers | 440/4 | €46,726 | €214 | -€46,513 | -99.5% |
| Taxes, remuneration and social security | 45 | €98,600 | €63,709 | -€34,891 | -35.4% |
| Taxes | 450/3 | €95,865 | €63,709 | -€32,156 | -33.5% |
| Remuneration and social security | 454/9 | €2,736 | - | -€2,736 | |
| Other amounts payable | 47/48 | €24,110 | €12,310 | -€11,800 | -48.9% |
| Accrued charges and deferred income | 492/3 | €833 | - | -€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,510 | €6,015 | +€4,505 | +298.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,286 | +€2,286 | |
| Other operating charges | 640/8 | €3,801 | €7,139 | +€3,338 | +87.8% |
| Gross operating margin | 9900 | €5,950 | €162,998 | +€157,049 | +2639.7% |
| Operating profit (loss) | 9901 | €639 | €147,559 | +€146,920 | +23007.7% |
| Financial income | 75/76B | €3 | €2,506 | +€2,503 | +81270.8% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +101.9% |
| Non-recurring financial income | 76B | - | €2,500 | +€2,500 | |
| Financial charges | 65/66B | €25,921 | €14,607 | -€11,314 | -43.6% |
| Recurring financial charges | 65 | €25,921 | €14,607 | -€11,314 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,279 | €135,458 | +€160,737 | |
| Income taxes | 67/77 | €2,278 | €17,589 | +€15,311 | +672.2% |
| Profit (loss) for the period | 9904 | -€27,557 | €117,869 | +€145,426 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,557 | €117,869 | +€145,426 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.