WIVABUILD: 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.
WIVABUILD
Largest movements
- Current investments +€231,425
up €231,425 (+651.8%), from €35,505 to €266,930
- Tangible fixed assets -€87,608
down €87,608 (-5.6%), from €1.6m to €1.5m
of which Land and buildings: -€48,196
- Receivables within one year -€25,683
down €25,683 (-5.0%), from €511,758 to €486,075
of which Trade receivables: -€142,911
- Other debts +€439,177
up €439,177 (+1342.0%), from €32,727 to €471,904
- Reserves -€196,482
down €196,482 (-28.2%), from €696,938 to €500,455
of which Distributable reserves: -€196,482
- Debts after one year -€145,574
down €145,574 (-11.7%), from €1.2m to €1.1m
- Gross operating margin -€307,206
down €307,206 (-39.1%), from €784,965 to €477,758
- Taxes -€77,959
down €77,959 (-47.0%), from €165,959 to €88,001
- Other operating charges -€29,556
down €29,556 (-77.2%), from €38,308 to €8,752
- Financial charges +€10,618
up €10,618 (+45.5%), from €23,330 to €33,949
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 | €2,195,020 | €2,289,792 | +€94,772 | +4.3% |
| Fixed assets | 21/28 | €1,554,021 | €1,466,412 | -€87,608 | -5.6% |
| Tangible fixed assets | 22/27 | €1,552,521 | €1,464,912 | -€87,608 | -5.6% |
| Land and buildings | 22 | €1,402,569 | €1,354,372 | -€48,196 | -3.4% |
| Plant, machinery and equipment | 23 | €49,110 | €40,807 | -€8,302 | -16.9% |
| Furniture and vehicles | 24 | €99,119 | €68,745 | -€30,374 | -30.6% |
| Other tangible fixed assets | 26 | €1,723 | €988 | -€736 | -42.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €641,000 | €823,380 | +€182,380 | +28.5% |
| Amounts receivable within one year | 40/41 | €511,758 | €486,075 | -€25,683 | -5.0% |
| Trade receivables | 40 | €144,433 | €1,521 | -€142,911 | -98.9% |
| Other amounts receivable | 41 | €367,326 | €484,554 | +€117,228 | +31.9% |
| Current investments | 50/53 | €35,505 | €266,930 | +€231,425 | +651.8% |
| Cash at bank and in hand | 54/58 | €89,932 | €69,873 | -€20,059 | -22.3% |
| Deferred charges and accrued income | 490/1 | €3,804 | €502 | -€3,302 | -86.8% |
| Total equity and liabilities | 10/49 | €2,195,020 | €2,289,792 | +€94,772 | +4.3% |
| Equity | 10/15 | €697,938 | €501,455 | -€196,482 | -28.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €696,938 | €500,455 | -€196,482 | -28.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €696,938 | €500,455 | -€196,482 | -28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,497,083 | €1,788,337 | +€291,254 | +19.5% |
| Amounts payable after more than one year | 17 | €1,239,442 | €1,093,868 | -€145,574 | -11.7% |
| Financial debts | 170/4 | €1,239,442 | €1,093,868 | -€145,574 | -11.7% |
| Amounts payable within one year | 42/48 | €257,640 | €694,469 | +€436,828 | +169.5% |
| Current portion of amounts payable after more than one year | 42 | €158,407 | €165,574 | +€7,168 | +4.5% |
| Trade debts | 44 | €20,729 | €4,304 | -€16,425 | -79.2% |
| Suppliers | 440/4 | €20,729 | €4,304 | -€16,425 | -79.2% |
| Taxes, remuneration and social security | 45 | €45,779 | €52,687 | +€6,909 | +15.1% |
| Taxes | 450/3 | €45,779 | €52,687 | +€6,909 | +15.1% |
| Other amounts payable | 47/48 | €32,727 | €471,904 | +€439,177 | +1342.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,330 | €87,608 | +€6,278 | +7.7% |
| Other operating charges | 640/8 | €38,308 | €8,752 | -€29,556 | -77.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €784,965 | €477,758 | -€307,206 | -39.1% |
| Operating profit (loss) | 9901 | €665,326 | €381,398 | -€283,928 | -42.7% |
| Financial income | 75/76B | €345 | €4,315 | +€3,970 | +1149.1% |
| Recurring financial income | 75 | €345 | €4,315 | +€3,970 | +1149.1% |
| Financial charges | 65/66B | €23,330 | €33,949 | +€10,618 | +45.5% |
| Recurring financial charges | 65 | €23,330 | €33,949 | +€10,618 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €642,341 | €351,765 | -€290,577 | -45.2% |
| Income taxes | 67/77 | €165,959 | €88,001 | -€77,959 | -47.0% |
| Profit (loss) for the period | 9904 | €476,382 | €263,764 | -€212,618 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €476,382 | €263,764 | -€212,618 | -44.6% |
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 10 October 2026 via checked.be.