WVIMC: 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.
WVIMC
Largest movements
- Receivables after one year +€200,000
up €200,000 (+125.0%), from €160,000 to €360,000
- Financial fixed assets -€155,500
down €155,500 (-62.4%), from €249,055 to €93,555
- Tangible fixed assets -€36,958
down €36,958 (-95.0%), from €38,912 to €1,954
of which Furniture and vehicles: -€35,313
- Receivables within one year +€14,787
up €14,787 (+50.0%), from €29,578 to €44,365
of which Trade receivables: +€8,832
- Deferred charges and accrued income -€10,473
down €10,473 (-29.5%), from €35,470 to €24,996
- Trade debts +€10,329
up €10,329 (+87.3%), from €11,830 to €22,159
- Financial income -€1,888
down €1,888 (-27.3%), from €6,925 to €5,037
- Gross operating margin +€1,595
up €1,595 (+84.9%), from -€1,879 to -€283
- Other operating charges -€1,384
down €1,384 (-86.3%), from €1,603 to €219
- Depreciation +€259
up €259 (+15.6%), from €1,658 to €1,917
- Financial charges -€77
down €77 (-20.4%), from €378 to €301
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 | €537,294 | €546,779 | +€9,485 | +1.8% |
| Fixed assets | 21/28 | €287,967 | €95,509 | -€192,458 | -66.8% |
| Tangible fixed assets | 22/27 | €38,912 | €1,954 | -€36,958 | -95.0% |
| Plant, machinery and equipment | 23 | €2,918 | €1,557 | -€1,360 | -46.6% |
| Furniture and vehicles | 24 | €35,710 | €397 | -€35,313 | -98.9% |
| Other tangible fixed assets | 26 | €285 | - | -€285 | |
| Financial fixed assets | 28 | €249,055 | €93,555 | -€155,500 | -62.4% |
| Current assets | 29/58 | €249,326 | €451,269 | +€201,943 | +81.0% |
| Amounts receivable after more than one year | 29 | €160,000 | €360,000 | +€200,000 | +125.0% |
| Other amounts receivable | 291 | €160,000 | €360,000 | +€200,000 | +125.0% |
| Amounts receivable within one year | 40/41 | €29,578 | €44,365 | +€14,787 | +50.0% |
| Trade receivables | 40 | €20,236 | €29,068 | +€8,832 | +43.6% |
| Other amounts receivable | 41 | €9,342 | €15,297 | +€5,954 | +63.7% |
| Cash at bank and in hand | 54/58 | €24,278 | €21,908 | -€2,370 | -9.8% |
| Deferred charges and accrued income | 490/1 | €35,470 | €24,996 | -€10,473 | -29.5% |
| Total equity and liabilities | 10/49 | €537,294 | €546,779 | +€9,485 | +1.8% |
| Equity | 10/15 | €515,218 | €517,004 | +€1,786 | +0.3% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €576,083 | €576,083 | = | 0.0% |
| Distributable reserves | 133 | €576,083 | €576,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,865 | -€139,080 | +€1,786 | +1.3% |
| Amounts payable | 17/49 | €22,076 | €29,775 | +€7,699 | +34.9% |
| Amounts payable within one year | 42/48 | €20,756 | €23,697 | +€2,941 | +14.2% |
| Trade debts | 44 | €11,830 | €22,159 | +€10,329 | +87.3% |
| Suppliers | 440/4 | €11,830 | €22,159 | +€10,329 | +87.3% |
| Taxes, remuneration and social security | 45 | €5,696 | €450 | -€5,246 | -92.1% |
| Taxes | 450/3 | €5,696 | €450 | -€5,246 | -92.1% |
| Other amounts payable | 47/48 | €3,230 | €1,088 | -€2,142 | -66.3% |
| Accrued charges and deferred income | 492/3 | €1,320 | €6,078 | +€4,758 | +360.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,658 | €1,917 | +€259 | +15.6% |
| Other operating charges | 640/8 | €1,603 | €219 | -€1,384 | -86.3% |
| Non-recurring operating charges | 66A | - | €80 | +€80 | |
| Gross operating margin | 9900 | -€1,879 | -€283 | +€1,595 | +84.9% |
| Operating profit (loss) | 9901 | -€5,140 | -€2,499 | +€2,641 | +51.4% |
| Financial income | 75/76B | €6,925 | €5,037 | -€1,888 | -27.3% |
| Recurring financial income | 75 | €6,925 | €5,037 | -€1,888 | -27.3% |
| Financial charges | 65/66B | €378 | €301 | -€77 | -20.4% |
| Recurring financial charges | 65 | €378 | €301 | -€77 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €1,407 | €2,236 | +€829 | +58.9% |
| Income taxes | 67/77 | €406 | €451 | +€45 | +11.0% |
| Profit (loss) for the period | 9904 | €1,001 | €1,786 | +€784 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,001 | €1,786 | +€784 | +78.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.