WIVER HILDEM: 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.
What changed
WIVER HILDEM
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€14,572
2024 · €24,606-€10,034
Equity
€828,194
2024 · €813,623+€14,572
Cash
€53,954
2024 · €22,985+€30,970
Balance sheet total
€2.0m
2024 · €2.1m-€31,311
Largest movements
Assets
- Tangible fixed assets -€63,456
down €63,456 (-3.2%), from €2.0m to €1.9m
- Cash +€30,970
up €30,970 (+135%), from €22,985 to €53,954
mainly Depreciation (+€63,456) and Net result for the year (+€14,572)
Equity and liabilities
- Debts after one year -€51,131
down €51,131 (-4.9%), from €1.1m to €1.0m
of which Financial debts: -€53,609
Income statement
- Gross operating margin -€13,107
down €13,107 (-11.0%), from €119,386 to €106,280
- Taxes -€2,499
down €2,499 (-26.6%), from €9,400 to €6,901
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.
Result 2024
€24,606
Gross operating margin
-€13,107
Depreciation
-€0
Other operating charges
-€256
Financial income
-€305
Financial charges
+€1,135
Taxes
+€2,499
Result 2025
€14,572
raises the resultlowers the result
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.
From operations
+€81,531
Investment
-€140
Financing
-€50,422
Cash 2024
€22,985
From operations (derived)
+€81,531
Net result for the year
+€14,572
Depreciation
+€63,456
Receivables within one year
-€1,170
Smaller working-capital items
+€78
Provisions
-€4,332
Tax, wage and social debts
-€1,812
Other debts
+€313
Accrued charges and deferred income
+€10,427
Investment (derived)
-€140
Current investments
-€140
Financing
-€50,422
Debts after one year
-€51,131
Current portion of long-term debt
+€710
Cash 2025
€53,954
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,056,570 | €2,025,259 | -€31,311 | -1.5% |
| Fixed assets | 21/28 | €1,985,038 | €1,921,582 | -€63,456 | -3.2% |
| Tangible fixed assets | 22/27 | €1,985,038 | €1,921,582 | -€63,456 | -3.2% |
| Land and buildings | 22 | €1,985,038 | €1,921,582 | -€63,456 | -3.2% |
| Current assets | 29/58 | €71,532 | €103,677 | +€32,145 | +44.9% |
| Amounts receivable within one year | 40/41 | €5,745 | €6,915 | +€1,170 | +20.4% |
| Other amounts receivable | 41 | €5,745 | €6,915 | +€1,170 | +20.4% |
| Current investments | 50/53 | €40,143 | €40,283 | +€140 | +0.3% |
| Cash at bank and in hand | 54/58 | €22,985 | €53,954 | +€30,970 | +135% |
| Deferred charges and accrued income | 490/1 | €2,659 | €2,524 | -€135 | -5.1% |
| Total equity and liabilities | 10/49 | €2,056,570 | €2,025,259 | -€31,311 | -1.5% |
| Equity | 10/15 | €813,623 | €828,194 | +€14,572 | +1.8% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €644,868 | €659,374 | +€14,505 | +2.2% |
| Tax-exempt reserves | 132 | €388,008 | €375,014 | -€12,995 | -3.3% |
| Distributable reserves | 133 | €256,860 | €284,360 | +€27,500 | +10.7% |
| Profit (loss) carried forward | 14 | €155 | €221 | +€66 | +42.7% |
| Provisions and deferred taxes | 16 | €129,336 | €125,005 | -€4,332 | -3.3% |
| Deferred taxes | 168 | €129,336 | €125,005 | -€4,332 | -3.3% |
| Amounts payable | 17/49 | €1,113,612 | €1,072,060 | -€41,551 | -3.7% |
| Amounts payable after more than one year | 17 | €1,054,157 | €1,003,025 | -€51,131 | -4.9% |
| Financial debts | 170/4 | €927,773 | €874,164 | -€53,609 | -5.8% |
| Other amounts payable | 178/9 | €126,384 | €128,862 | +€2,478 | +2.0% |
| Amounts payable within one year | 42/48 | €57,686 | €56,839 | -€847 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €52,900 | €53,609 | +€710 | +1.3% |
| Trade debts | 44 | €239 | €182 | -€57 | -24.0% |
| Suppliers | 440/4 | €239 | €182 | -€57 | -24.0% |
| Taxes, remuneration and social security | 45 | €1,816 | €3 | -€1,812 | -99.8% |
| Taxes | 450/3 | €1,816 | €3 | -€1,812 | -99.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,731 | €3,045 | +€313 | +11.5% |
| Accrued charges and deferred income | 492/3 | €1,769 | €12,196 | +€10,427 | +590% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,456 | €63,456 | +€0 | 0.0% |
| Other operating charges | 640/8 | €9,913 | €10,169 | +€256 | +2.6% |
| Gross operating margin | 9900 | €119,386 | €106,280 | -€13,107 | -11.0% |
| Operating profit (loss) | 9901 | €46,018 | €32,655 | -€13,363 | -29.0% |
| Financial income | 75/76B | €506 | €201 | -€305 | -60.3% |
| Recurring financial income | 75 | €506 | €201 | -€305 | -60.3% |
| Financial charges | 65/66B | €16,850 | €15,715 | -€1,135 | -6.7% |
| Recurring financial charges | 65 | €16,850 | €15,715 | -€1,135 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €29,674 | €17,141 | -€12,534 | -42.2% |
| Transfer from deferred taxes | 780 | €4,332 | €4,332 | = | 0.0% |
| Income taxes | 67/77 | €9,400 | €6,901 | -€2,499 | -26.6% |
| Profit (loss) for the period | 9904 | €24,606 | €14,572 | -€10,034 | -40.8% |
| Transfer from tax-exempt reserves | 789 | €12,995 | €12,995 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,600 | €27,566 | -€10,034 | -26.7% |
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 15 October 2026 via checked.be.