WIMAR: 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.
WIMAR
Largest movements
- Receivables within one year -€208,456
down €208,456 (-83.7%), from €249,115 to €40,658
of which Other amounts receivable: -€208,085
- Current investments +€60,000
new in 2025: €60,000
- Tangible fixed assets -€11,884
down €11,884 (-15.2%), from €78,253 to €66,368
of which Other tangible fixed assets: -€7,200
- Cash -€10,601
down €10,601 (-11.5%), from €92,230 to €81,628
mainly Contributions, distributions and other (-€233,760) and Current investments (-€60,000)
- Deferred charges and accrued income -€10,117
down €10,117 (-58.6%), from €17,274 to €7,157
- Reserves -€185,158
down €185,158 (-75.9%), from €244,038 to €58,880
of which Distributable reserves: -€185,158
- Tax, wage and social debts +€13,486
up €13,486 (+15.4%), from €87,769 to €101,254
of which Taxes: +€9,165
- Debts after one year -€9,736
down €9,736 (-19.5%), from €50,040 to €40,304
- Gross operating margin +€51,047
up €51,047 (+11.5%), from €444,303 to €495,350
- Staff costs +€24,525
up €24,525 (+6.4%), from €384,728 to €409,253
- Taxes +€13,304
up €13,304 (+913.4%), from €1,456 to €14,761
- Financial income -€8,483
down €8,483 (-54.4%), from €15,594 to €7,111
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 | €451,732 | €272,823 | -€178,909 | -39.6% |
| Fixed assets | 21/28 | €78,573 | €66,688 | -€11,884 | -15.1% |
| Tangible fixed assets | 22/27 | €78,253 | €66,368 | -€11,884 | -15.2% |
| Plant, machinery and equipment | 23 | €10,870 | €8,103 | -€2,767 | -25.5% |
| Furniture and vehicles | 24 | €23,914 | €21,996 | -€1,918 | -8.0% |
| Other tangible fixed assets | 26 | €43,468 | €36,268 | -€7,200 | -16.6% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €373,160 | €206,135 | -€167,024 | -44.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €14,541 | €16,692 | +€2,151 | +14.8% |
| Stocks | 30/36 | €14,541 | €16,692 | +€2,151 | +14.8% |
| Amounts receivable within one year | 40/41 | €249,115 | €40,658 | -€208,456 | -83.7% |
| Trade receivables | 40 | €11,352 | €10,981 | -€371 | -3.3% |
| Other amounts receivable | 41 | €237,763 | €29,678 | -€208,085 | -87.5% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €92,230 | €81,628 | -€10,601 | -11.5% |
| Deferred charges and accrued income | 490/1 | €17,274 | €7,157 | -€10,117 | -58.6% |
| Total equity and liabilities | 10/49 | €451,732 | €272,823 | -€178,909 | -39.6% |
| Equity | 10/15 | €274,038 | €88,880 | -€185,158 | -67.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €244,038 | €58,880 | -€185,158 | -75.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €244,038 | €58,880 | -€185,158 | -75.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €177,694 | €183,944 | +€6,249 | +3.5% |
| Amounts payable after more than one year | 17 | €50,040 | €40,304 | -€9,736 | -19.5% |
| Financial debts | 170/4 | €50,040 | €40,304 | -€9,736 | -19.5% |
| Amounts payable within one year | 42/48 | €127,566 | €143,550 | +€15,984 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €9,343 | €9,736 | +€393 | +4.2% |
| Trade debts | 44 | €28,939 | €29,949 | +€1,010 | +3.5% |
| Suppliers | 440/4 | €28,939 | €29,949 | +€1,010 | +3.5% |
| Advances received on contracts in progress | 46 | €1,515 | €2,610 | +€1,095 | +72.3% |
| Taxes, remuneration and social security | 45 | €87,769 | €101,254 | +€13,486 | +15.4% |
| Taxes | 450/3 | €32,075 | €41,240 | +€9,165 | +28.6% |
| Remuneration and social security | 454/9 | €55,693 | €60,014 | +€4,321 | +7.8% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +2.0% |
| Remuneration, social security and pensions | 62 | €384,728 | €409,253 | +€24,525 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,247 | €20,720 | +€473 | +2.3% |
| Other operating charges | 640/8 | €1,451 | €1,549 | +€99 | +6.8% |
| Non-recurring operating charges | 66A | €16,293 | €0 | -€16,293 | -100.0% |
| Gross operating margin | 9900 | €444,303 | €495,350 | +€51,047 | +11.5% |
| Operating profit (loss) | 9901 | €21,584 | €63,827 | +€42,244 | +195.7% |
| Financial income | 75/76B | €15,594 | €7,111 | -€8,483 | -54.4% |
| Recurring financial income | 75 | €15,594 | €7,111 | -€8,483 | -54.4% |
| Financial charges | 65/66B | €7,520 | €7,576 | +€56 | +0.7% |
| Recurring financial charges | 65 | €7,520 | €7,576 | +€56 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €29,657 | €63,363 | +€33,706 | +113.7% |
| Income taxes | 67/77 | €1,456 | €14,761 | +€13,304 | +913.4% |
| Profit (loss) for the period | 9904 | €28,201 | €48,602 | +€20,401 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,201 | €48,602 | +€20,401 | +72.3% |
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 7 October 2026 via checked.be.