WIMACS: what changed
Two fiscal 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.
WIMACS
Largest movements
- Current investments +€35,458
up €35,458 (+49.3%), from €71,935 to €107,393
- Cash +€29,544
up €29,544 (+9.9%), from €297,643 to €327,187
mainly Other debts (+€258,821) and Net result for the year (+€117,554)
- Tangible fixed assets +€17,902
up €17,902 (+3.6%), from €500,433 to €518,335
of which Furniture and vehicles: +€18,774
- Other debts +€258,821
up €258,821 (+633.4%), from €40,862 to €299,683
- Reserves -€171,446
down €171,446 (-31.0%), from €553,586 to €382,139
of which Distributable reserves: -€171,446
- Debts after one year -€24,435
down €24,435 (-9.2%), from €264,534 to €240,099
- Taxes +€4,814
up €4,814 (+10.7%), from €44,792 to €49,606
- Other operating charges +€3,991
up €3,991 (+91.9%), from €4,342 to €8,333
- Gross operating margin -€3,512
down €3,512 (-1.8%), from €194,435 to €190,923
- Depreciation +€3,423
up €3,423 (+55.3%), from €6,192 to €9,615
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.
Cash bridge derived
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 | €923,467 | €1,008,057 | +€84,590 | +9.2% |
| Fixed assets | 21/28 | €500,433 | €518,335 | +€17,902 | +3.6% |
| Tangible fixed assets | 22/27 | €500,433 | €518,335 | +€17,902 | +3.6% |
| Land and buildings | 22 | €476,592 | €476,592 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,242 | €1,370 | -€872 | -38.9% |
| Furniture and vehicles | 24 | €21,599 | €40,373 | +€18,774 | +86.9% |
| Current assets | 29/58 | €423,034 | €489,722 | +€66,688 | +15.8% |
| Amounts receivable within one year | 40/41 | €48,926 | €51,204 | +€2,278 | +4.7% |
| Trade receivables | 40 | €48,926 | €51,204 | +€2,278 | +4.7% |
| Current investments | 50/53 | €71,935 | €107,393 | +€35,458 | +49.3% |
| Cash at bank and in hand | 54/58 | €297,643 | €327,187 | +€29,544 | +9.9% |
| Deferred charges and accrued income | 490/1 | €4,530 | €3,938 | -€593 | -13.1% |
| Total equity and liabilities | 10/49 | €923,467 | €1,008,057 | +€84,590 | +9.2% |
| Equity | 10/15 | €563,586 | €392,139 | -€171,446 | -30.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €553,586 | €382,139 | -€171,446 | -31.0% |
| Tax-exempt reserves | 132 | €371 | €371 | = | 0.0% |
| Distributable reserves | 133 | €553,215 | €381,768 | -€171,446 | -31.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €359,881 | €615,918 | +€256,037 | +71.1% |
| Amounts payable after more than one year | 17 | €264,534 | €240,099 | -€24,435 | -9.2% |
| Financial debts | 170/4 | €264,534 | €240,099 | -€24,435 | -9.2% |
| Amounts payable within one year | 42/48 | €95,347 | €375,819 | +€280,472 | +294.2% |
| Current portion of amounts payable after more than one year | 42 | €40,812 | €46,294 | +€5,481 | +13.4% |
| Trade debts | 44 | €3,309 | €10,835 | +€7,527 | +227.5% |
| Suppliers | 440/4 | €3,309 | €10,835 | +€7,527 | +227.5% |
| Taxes, remuneration and social security | 45 | €10,364 | €19,007 | +€8,642 | +83.4% |
| Taxes | 450/3 | €10,364 | €19,007 | +€8,642 | +83.4% |
| Other amounts payable | 47/48 | €40,862 | €299,683 | +€258,821 | +633.4% |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,192 | €9,615 | +€3,423 | +55.3% |
| Other operating charges | 640/8 | €4,342 | €8,333 | +€3,991 | +91.9% |
| Gross operating margin | 9900 | €194,435 | €190,923 | -€3,512 | -1.8% |
| Operating profit (loss) | 9901 | €183,901 | €172,975 | -€10,926 | -5.9% |
| Financial income | 75/76B | €218 | €1,062 | +€844 | +386.9% |
| Recurring financial income | 75 | €218 | €1,062 | +€844 | +386.9% |
| Financial charges | 65/66B | €7,575 | €6,877 | -€698 | -9.2% |
| Recurring financial charges | 65 | €7,575 | €6,877 | -€698 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €176,544 | €167,160 | -€9,385 | -5.3% |
| Income taxes | 67/77 | €44,792 | €49,606 | +€4,814 | +10.7% |
| Profit (loss) for the period | 9904 | €131,752 | €117,554 | -€14,199 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €131,752 | €117,554 | -€14,199 | -10.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.