WIVAGO: 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.
WIVAGO
Largest movements
- Tangible fixed assets +€55,801
up €55,801 (+2212.8%), from €2,522 to €58,323
of which Furniture and vehicles: +€53,277
- Cash -€26,177
down €26,177 (-55.3%), from €47,373 to €21,196
mainly Contributions, distributions and other (-€299,885) and Investment in fixed assets (net) (-€63,210)
- Receivables within one year +€5,000
up €5,000 (+9.1%), from €54,805 to €59,805
- Receivables after one year -€4,230
no longer reported in 2025 (was €4,230)
- Other debts +€145,050
up €145,050 (+3864.3%), from €3,754 to €148,804
- Profit (loss) carried forward -€123,483
down €123,483 (-60.7%), from €203,409 to €79,926
- Tax, wage and social debts +€5,661
up €5,661 (+52.5%), from €10,790 to €16,452
- Gross operating margin +€28,801
up €28,801 (+14.0%), from €205,151 to €233,952
- Depreciation +€4,718
up €4,718 (+175.3%), from €2,691 to €7,409
- Taxes +€4,317
up €4,317 (+9.1%), from €47,581 to €51,899
- Financial income -€3,860
down €3,860 (-59.9%), from €6,440 to €2,580
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 | €238,765 | €266,861 | +€28,096 | +11.8% |
| Fixed assets | 21/28 | €2,522 | €58,323 | +€55,801 | +2212.8% |
| Tangible fixed assets | 22/27 | €2,522 | €58,323 | +€55,801 | +2212.8% |
| Plant, machinery and equipment | 23 | - | €2,524 | +€2,524 | |
| Furniture and vehicles | 24 | €2,522 | €55,799 | +€53,277 | +2112.7% |
| Current assets | 29/58 | €236,243 | €208,538 | -€27,705 | -11.7% |
| Amounts receivable after more than one year | 29 | €4,230 | - | -€4,230 | |
| Other amounts receivable | 291 | €4,230 | - | -€4,230 | |
| Amounts receivable within one year | 40/41 | €54,805 | €59,805 | +€5,000 | +9.1% |
| Trade receivables | 40 | €54,805 | €59,805 | +€5,000 | +9.1% |
| Current investments | 50/53 | €126,000 | €125,064 | -€936 | -0.7% |
| Cash at bank and in hand | 54/58 | €47,373 | €21,196 | -€26,177 | -55.3% |
| Deferred charges and accrued income | 490/1 | €3,836 | €2,474 | -€1,363 | -35.5% |
| Total equity and liabilities | 10/49 | €238,765 | €266,861 | +€28,096 | +11.8% |
| Equity | 10/15 | €223,814 | €100,331 | -€123,483 | -55.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,409 | €79,926 | -€123,483 | -60.7% |
| Amounts payable | 17/49 | €14,951 | €166,530 | +€151,579 | +1013.8% |
| Amounts payable within one year | 42/48 | €14,544 | €166,274 | +€151,731 | +1043.3% |
| Trade debts | 44 | - | €1,019 | +€1,019 | |
| Suppliers | 440/4 | - | €1,019 | +€1,019 | |
| Taxes, remuneration and social security | 45 | €10,790 | €16,452 | +€5,661 | +52.5% |
| Taxes | 450/3 | €10,790 | €16,452 | +€5,661 | +52.5% |
| Other amounts payable | 47/48 | €3,754 | €148,804 | +€145,050 | +3864.3% |
| Accrued charges and deferred income | 492/3 | €407 | €256 | -€151 | -37.2% |
| Non-recurring operating income | 76A | - | €12,478 | +€12,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,691 | €7,409 | +€4,718 | +175.3% |
| Other operating charges | 640/8 | €1,139 | €736 | -€403 | -35.3% |
| Gross operating margin | 9900 | €205,151 | €233,952 | +€28,801 | +14.0% |
| Operating profit (loss) | 9901 | €201,321 | €225,806 | +€24,485 | +12.2% |
| Financial income | 75/76B | €6,440 | €2,580 | -€3,860 | -59.9% |
| Recurring financial income | 75 | €6,440 | €2,580 | -€3,860 | -59.9% |
| Financial charges | 65/66B | €84 | €85 | +€1 | +1.6% |
| Recurring financial charges | 65 | €84 | €85 | +€1 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €207,677 | €228,301 | +€20,624 | +9.9% |
| Income taxes | 67/77 | €47,581 | €51,899 | +€4,317 | +9.1% |
| Profit (loss) for the period | 9904 | €160,095 | €176,402 | +€16,306 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €160,095 | €176,402 | +€16,306 | +10.2% |
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 6 October 2026 via checked.be.