WIMAG: 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.
What changed
WIMAG
NACE 43.320, Joinery installation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€255,242
2024 · -€91,801+€347,043
Equity
€1.6m
2024 · €1.4m+€255,242
Cash
€1.8m
2024 · €405,041+€1.4m
Balance sheet total
€6.0m
2024 · €5.3m+€738,622
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+343.0%), from €405,041 to €1.8m
mainly Current portion of long-term debt (+€779,444) and Advances received (+€502,693)
- Stocks and contracts -€322,214
down €322,214 (-16.3%), from €2.0m to €1.7m
of which Stocks: -€286,204
- Receivables within one year -€244,386
down €244,386 (-11.3%), from €2.2m to €1.9m
of which Trade receivables: -€130,583
- Tangible fixed assets -€66,593
down €66,593 (-10.0%), from €666,010 to €599,418
of which Furniture and vehicles: -€55,926
Equity and liabilities
- Current portion of long-term debt +€779,444
new in 2025: €779,444
- Debts after one year -€570,000
down €570,000 (-100.0%), from €570,000 to €0
- Advances received +€502,693
up €502,693 (+30.1%), from €1.7m to €2.2m
- Trade debts -€314,638
down €314,638 (-24.9%), from €1.3m to €946,553
- Reserves +€255,242
up €255,242 (+19.5%), from €1.3m to €1.6m
of which Distributable reserves: +€255,242
Income statement
- Goods and materials -€990,814
down €990,814 (-16.0%), from €6.2m to €5.2m
of which Purchases: -€1.0m
- Turnover +€381,639
up €381,639 (+3.8%), from €10.2m to €10.5m
- Staff costs +€281,403
up €281,403 (+12.1%), from €2.3m to €2.6m
- Other operating income -€178,022
down €178,022 (-62.7%), from €283,719 to €105,697
- Write-downs +€170,145
up €170,145 (+1238.5%), from €13,738 to €183,882
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.
Result 2024
-€91,801
Turnover
+€381,639
Other operating income
-€178,022
Goods and materials
+€990,814
Services and other goods
+€29,490
Staff costs
-€281,403
Depreciation
-€354
Write-downs
-€170,145
Provisions
+€7,462
Other operating charges
+€3,266
Other operating items
-€360,982
Financial income
-€22,916
Financial charges
+€296
Taxes
-€52,102
Result 2025
€255,242
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.
From operations
+€1.3m
Investment
-€93,772
Financing
+€209,444
Cash 2024
€405,041
From operations (derived)
+€1.3m
Net result for the year
+€255,242
Depreciation
+€162,307
Stocks and contracts
+€322,214
Receivables within one year
+€244,386
Deferred charges and accrued income
+€15,509
Provisions
+€50,175
Trade debts
-€314,638
Tax, wage and social debts
+€35,706
Advances received
+€502,693
Investment (derived)
-€93,772
Investment in fixed assets (net)
-€93,772
Financing
+€209,444
Debts after one year
-€570,000
Current portion of long-term debt
+€779,444
Cash 2025
€1.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,263,542 | €6,002,164 | +€738,622 | +14.0% |
| Fixed assets | 21/28 | €668,433 | €599,899 | -€68,535 | -10.3% |
| Intangible fixed assets | 21 | €2,153 | €211 | -€1,942 | -90.2% |
| Tangible fixed assets | 22/27 | €666,010 | €599,418 | -€66,593 | -10.0% |
| Plant, machinery and equipment | 23 | €481,608 | €472,698 | -€8,910 | -1.9% |
| Furniture and vehicles | 24 | €169,260 | €113,334 | -€55,926 | -33.0% |
| Other tangible fixed assets | 26 | €15,143 | €13,386 | -€1,757 | -11.6% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Other financial fixed assets | 284/8 | €270 | €270 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €4,595,109 | €5,402,266 | +€807,157 | +17.6% |
| Stocks and contracts in progress | 3 | €1,974,438 | €1,652,224 | -€322,214 | -16.3% |
| Stocks | 30/36 | €1,381,992 | €1,095,788 | -€286,204 | -20.7% |
| Raw materials and consumables | 30/31 | €1,381,992 | €1,095,788 | -€286,204 | -20.7% |
| Contracts in progress | 37 | €592,446 | €556,436 | -€36,010 | -6.1% |
| Amounts receivable within one year | 40/41 | €2,165,390 | €1,921,003 | -€244,386 | -11.3% |
| Trade receivables | 40 | €1,699,781 | €1,569,198 | -€130,583 | -7.7% |
| Other amounts receivable | 41 | €465,609 | €351,805 | -€113,803 | -24.4% |
| Cash at bank and in hand | 54/58 | €405,041 | €1,794,306 | +€1.4m | +343.0% |
| Deferred charges and accrued income | 490/1 | €50,241 | €34,732 | -€15,509 | -30.9% |
| Total equity and liabilities | 10/49 | €5,263,542 | €6,002,164 | +€738,622 | +14.0% |
| Equity | 10/15 | €1,378,062 | €1,633,305 | +€255,242 | +18.5% |
| Contributions | 10/11 | €71,645 | €71,645 | = | 0.0% |
| Reserves | 13 | €1,306,417 | €1,561,660 | +€255,242 | +19.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,306,417 | €1,561,660 | +€255,242 | +19.5% |
| Provisions and deferred taxes | 16 | €125,816 | €175,991 | +€50,175 | +39.9% |
| Provisions for liabilities and charges | 160/5 | €125,816 | €175,991 | +€50,175 | +39.9% |
| Other liabilities and charges | 164/5 | €125,816 | €175,991 | +€50,175 | +39.9% |
| Amounts payable | 17/49 | €3,759,663 | €4,192,868 | +€433,205 | +11.5% |
| Amounts payable after more than one year | 17 | €570,000 | €0 | -€570,000 | -100.0% |
| Financial debts | 170/4 | €570,000 | €0 | -€570,000 | -100.0% |
| Other loans | 174 | €570,000 | €0 | -€570,000 | -100.0% |
| Amounts payable within one year | 42/48 | €3,189,663 | €4,192,868 | +€1.0m | +31.5% |
| Current portion of amounts payable after more than one year | 42 | - | €779,444 | +€779,444 | |
| Trade debts | 44 | €1,261,191 | €946,553 | -€314,638 | -24.9% |
| Suppliers | 440/4 | €1,261,191 | €946,553 | -€314,638 | -24.9% |
| Advances received on contracts in progress | 46 | €1,671,287 | €2,173,980 | +€502,693 | +30.1% |
| Taxes, remuneration and social security | 45 | €249,407 | €285,113 | +€35,706 | +14.3% |
| Taxes | 450/3 | €19,746 | €22,720 | +€2,975 | +15.1% |
| Remuneration and social security | 454/9 | €229,661 | €262,393 | +€32,732 | +14.3% |
| Other amounts payable | 47/48 | €7,778 | €7,778 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €10,597,360 | €10,649,439 | +€52,080 | +0.5% |
| Turnover | 70 | €10,150,177 | €10,531,816 | +€381,639 | +3.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€289,486 | -€36,010 | +€253,476 | +87.6% |
| Other operating income | 74 | €283,719 | €105,697 | -€178,022 | -62.7% |
| Non-recurring operating income | 76A | €452,950 | €47,936 | -€405,013 | -89.4% |
| Operating charges | 60/66A | €10,716,962 | €10,347,276 | -€369,686 | -3.4% |
| Goods for resale, raw materials and consumables | 60 | €6,189,467 | €5,198,654 | -€990,814 | -16.0% |
| Purchases | 600/8 | €6,100,126 | €5,058,496 | -€1.0m | -17.1% |
| Change in stocks: decrease (increase) | 609 | €89,341 | €140,157 | +€50,816 | +56.9% |
| Services and other goods | 61 | €1,955,279 | €1,925,789 | -€29,490 | -1.5% |
| Remuneration, social security and pensions | 62 | €2,318,551 | €2,599,954 | +€281,403 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,953 | €162,307 | +€354 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,738 | €183,882 | +€170,145 | +1238.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €57,637 | €50,175 | -€7,462 | -12.9% |
| Other operating charges | 640/8 | €20,337 | €17,071 | -€3,266 | -16.1% |
| Non-recurring operating charges | 66A | - | €209,444 | +€209,444 | |
| Operating profit (loss) | 9901 | -€119,603 | €302,163 | +€421,766 | |
| Financial income | 75/76B | €30,393 | €7,478 | -€22,916 | -75.4% |
| Recurring financial income | 75 | €30,393 | €7,478 | -€22,916 | -75.4% |
| Income from current assets | 751 | €23,275 | €1,933 | -€21,341 | -91.7% |
| Other financial income | 752/9 | €7,118 | €5,544 | -€1,574 | -22.1% |
| Financial charges | 65/66B | €1,715 | €1,419 | -€296 | -17.2% |
| Recurring financial charges | 65 | €1,715 | €1,419 | -€296 | -17.2% |
| Debt charges | 650 | €0 | €97 | +€97 | |
| Other financial charges | 652/9 | €1,715 | €1,322 | -€393 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€90,925 | €308,221 | +€399,146 | |
| Income taxes | 67/77 | €877 | €52,979 | +€52,102 | +5944.1% |
| Taxes | 670/3 | €877 | €52,979 | +€52,102 | +5944.1% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€91,801 | €255,242 | +€347,043 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,801 | €255,242 | +€347,043 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.