WIMAR: 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.
WIMAR
Largest movements
- Cash -€68,123
down €68,123 (-63.6%), from €107,052 to €38,929
mainly Trade debts (-€57,500) and Deferred charges and accrued income (-€51,685)
- Deferred charges and accrued income +€51,685
new in 2025: €51,685
- Receivables within one year +€23,720
up €23,720 (+12.8%), from €185,699 to €209,420
of which Trade receivables: +€33,207
- Tangible fixed assets -€12,149
down €12,149 (-3.6%), from €340,690 to €328,541
of which Plant, machinery and equipment: -€11,962
- Reserves +€80,936
up €80,936 (+19.2%), from €420,684 to €501,620
- Trade debts -€57,500
down €57,500 (-69.3%), from €83,000 to €25,500
- Accrued charges and deferred income -€32,313
down €32,313 (-71.1%), from €45,474 to €13,161
- Gross operating margin +€56,777
up €56,777 (+103%), from €55,035 to €111,812
- Taxes +€14,413
up €14,413 (+401%), from €3,597 to €18,010
- Depreciation -€2,817
down €2,817 (-18.8%), from €14,967 to €12,149
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 | €633,441 | €628,574 | -€4,867 | -0.8% |
| Fixed assets | 21/28 | €340,690 | €328,541 | -€12,149 | -3.6% |
| Tangible fixed assets | 22/27 | €340,690 | €328,541 | -€12,149 | -3.6% |
| Land and buildings | 22 | €318,642 | €318,642 | = | 0.0% |
| Plant, machinery and equipment | 23 | €21,860 | €9,898 | -€11,962 | -54.7% |
| Furniture and vehicles | 24 | €188 | - | -€188 | |
| Current assets | 29/58 | €292,752 | €300,034 | +€7,282 | +2.5% |
| Amounts receivable within one year | 40/41 | €185,699 | €209,420 | +€23,720 | +12.8% |
| Trade receivables | 40 | €46,893 | €80,099 | +€33,207 | +70.8% |
| Other amounts receivable | 41 | €138,807 | €129,320 | -€9,486 | -6.8% |
| Cash at bank and in hand | 54/58 | €107,052 | €38,929 | -€68,123 | -63.6% |
| Deferred charges and accrued income | 490/1 | - | €51,685 | +€51,685 | |
| Total equity and liabilities | 10/49 | €633,441 | €628,574 | -€4,867 | -0.8% |
| Equity | 10/15 | €504,967 | €585,904 | +€80,936 | +16.0% |
| Contributions | 10/11 | €84,284 | €84,284 | = | 0.0% |
| Reserves | 13 | €420,684 | €501,620 | +€80,936 | +19.2% |
| Distributable reserves | 133 | €420,684 | €501,620 | +€80,936 | +19.2% |
| Amounts payable | 17/49 | €128,474 | €42,670 | -€85,803 | -66.8% |
| Amounts payable within one year | 42/48 | €83,000 | €29,510 | -€53,490 | -64.4% |
| Trade debts | 44 | €83,000 | €25,500 | -€57,500 | -69.3% |
| Suppliers | 440/4 | €83,000 | €25,500 | -€57,500 | -69.3% |
| Taxes, remuneration and social security | 45 | - | €4,010 | +€4,010 | |
| Taxes | 450/3 | - | €4,010 | +€4,010 | |
| Accrued charges and deferred income | 492/3 | €45,474 | €13,161 | -€32,313 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,967 | €12,149 | -€2,817 | -18.8% |
| Other operating charges | 640/8 | €387 | €450 | +€62 | +16.1% |
| Gross operating margin | 9900 | €55,035 | €111,812 | +€56,777 | +103% |
| Operating profit (loss) | 9901 | €39,681 | €99,213 | +€59,532 | +150% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €140 | €267 | +€126 | +90.1% |
| Recurring financial charges | 65 | €140 | €267 | +€126 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €39,566 | €98,946 | +€59,380 | +150% |
| Income taxes | 67/77 | €3,597 | €18,010 | +€14,413 | +401% |
| Profit (loss) for the period | 9904 | €35,969 | €80,936 | +€44,968 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €35,969 | €80,936 | +€44,968 | +125% |
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 18 October 2026 via checked.be.