WIMKO: 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.
WIMKO
Largest movements
- Receivables within one year +€114,462
up €114,462 (+53.2%), from €215,044 to €329,505
of which Trade receivables: +€74,130
- Cash -€17,992
down €17,992 (-20.1%), from €89,650 to €71,659
mainly Receivables within one year (-€114,462) and Investment in fixed assets (net) (-€71,576)
- Trade debts +€103,175
up €103,175 (+192%), from €53,606 to €156,781
- Debts after one year -€33,705
down €33,705 (-24.5%), from €137,325 to €103,620
- Reserves +€28,275
up €28,275 (+17.4%), from €162,274 to €190,549
of which Distributable reserves: +€28,275
- Accrued charges and deferred income -€20,752
no longer reported in 2025 (was €20,752)
- Other debts +€8,900
new in 2025: €8,900
- Gross operating margin -€62,032
down €62,032 (-20.2%), from €307,345 to €245,312
- Staff costs -€40,394
down €40,394 (-28.0%), from €144,505 to €104,111
- Depreciation -€8,966
down €8,966 (-10.6%), from €84,943 to €75,977
- Financial income +€4,797
up €4,797 (+2,560%), from €187 to €4,985
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 | €546,112 | €636,620 | +€90,507 | +16.6% |
| Fixed assets | 21/28 | €206,491 | €202,091 | -€4,400 | -2.1% |
| Tangible fixed assets | 22/27 | €206,491 | €202,091 | -€4,400 | -2.1% |
| Plant, machinery and equipment | 23 | €193,491 | €187,224 | -€6,268 | -3.2% |
| Furniture and vehicles | 24 | €13,000 | €14,867 | +€1,867 | +14.4% |
| Current assets | 29/58 | €339,621 | €434,529 | +€94,908 | +27.9% |
| Stocks and contracts in progress | 3 | €16,750 | €18,030 | +€1,280 | +7.6% |
| Stocks | 30/36 | €16,750 | €18,030 | +€1,280 | +7.6% |
| Amounts receivable within one year | 40/41 | €215,044 | €329,505 | +€114,462 | +53.2% |
| Trade receivables | 40 | €96,496 | €170,627 | +€74,130 | +76.8% |
| Other amounts receivable | 41 | €118,547 | €158,879 | +€40,331 | +34.0% |
| Cash at bank and in hand | 54/58 | €89,650 | €71,659 | -€17,992 | -20.1% |
| Deferred charges and accrued income | 490/1 | €18,177 | €15,335 | -€2,843 | -15.6% |
| Total equity and liabilities | 10/49 | €546,112 | €636,620 | +€90,507 | +16.6% |
| Equity | 10/15 | €180,874 | €209,149 | +€28,275 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €162,274 | €190,549 | +€28,275 | +17.4% |
| Tax-exempt reserves | 132 | €11,957 | €11,957 | = | 0.0% |
| Distributable reserves | 133 | €150,317 | €178,593 | +€28,275 | +18.8% |
| Amounts payable | 17/49 | €365,238 | €427,470 | +€62,232 | +17.0% |
| Amounts payable after more than one year | 17 | €137,325 | €103,620 | -€33,705 | -24.5% |
| Financial debts | 170/4 | €137,325 | €103,620 | -€33,705 | -24.5% |
| Amounts payable within one year | 42/48 | €207,161 | €323,850 | +€116,689 | +56.3% |
| Current portion of amounts payable after more than one year | 42 | €61,567 | €63,468 | +€1,901 | +3.1% |
| Financial debts | 43 | €77,665 | €77,664 | -€1 | 0.0% |
| Credit institutions | 430/8 | €77,665 | €77,664 | -€1 | 0.0% |
| Trade debts | 44 | €53,606 | €156,781 | +€103,175 | +192% |
| Suppliers | 440/4 | €53,606 | €156,781 | +€103,175 | +192% |
| Taxes, remuneration and social security | 45 | €14,323 | €17,037 | +€2,714 | +18.9% |
| Taxes | 450/3 | €503 | €5,159 | +€4,655 | +925% |
| Remuneration and social security | 454/9 | €13,820 | €11,878 | -€1,942 | -14.0% |
| Other amounts payable | 47/48 | - | €8,900 | +€8,900 | |
| Accrued charges and deferred income | 492/3 | €20,752 | - | -€20,752 | |
| Remuneration, social security and pensions | 62 | €144,505 | €104,111 | -€40,394 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,943 | €75,977 | -€8,966 | -10.6% |
| Other operating charges | 640/8 | €12,594 | €12,066 | -€528 | -4.2% |
| Non-recurring operating charges | 66A | €6,453 | - | -€6,453 | |
| Gross operating margin | 9900 | €307,345 | €245,312 | -€62,032 | -20.2% |
| Operating profit (loss) | 9901 | €58,851 | €53,159 | -€5,692 | -9.7% |
| Financial income | 75/76B | €187 | €4,985 | +€4,797 | +2,560% |
| Recurring financial income | 75 | €187 | €4,985 | +€4,797 | +2,560% |
| Financial charges | 65/66B | €17,916 | €16,649 | -€1,267 | -7.1% |
| Recurring financial charges | 65 | €17,916 | €16,649 | -€1,267 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €41,123 | €41,495 | +€372 | +0.9% |
| Income taxes | 67/77 | €12,396 | €13,219 | +€824 | +6.6% |
| Profit (loss) for the period | 9904 | €28,727 | €28,275 | -€451 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,727 | €28,275 | -€451 | -1.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.