Wyre: 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
Wyre
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27.8m
2024 · -€30.2m+€58.0m
Equity
€687.1m
2024 · €659.3m+€27.8m
Cash
-
not filed
Balance sheet total
€3.18bn
2024 · €3.55bn-€364.2m
Largest movements
Assets
- Receivables within one year -€433.6m
down €433.6m (-87.1%), from €497.9m to €64.3m
of which Other amounts receivable: -€441.4m
- Tangible fixed assets +€61.0m
up €61.0m (+2.1%), from €2.86bn to €2.92bn
of which Plant, machinery and equipment: +€120.9m
Equity and liabilities
- Debts after one year -€400.2m
down €400.2m (-16.6%), from €2.41bn to €2.01bn
- Tax, wage and social debts +€52.0m
up €52.0m (+37.7%), from €137.7m to €189.7m
of which Taxes: +€49.6m
- Trade debts -€37.2m
down €37.2m (-18.0%), from €206.7m to €169.5m
Income statement
- Depreciation -€58.4m
down €58.4m (-14.7%), from €397.5m to €339.1m
- Services and other goods +€16.5m
up €16.5m (+10.7%), from €154.4m to €170.9m
- Turnover +€7.8m
up €7.8m (+1.1%), from €683.2m to €691.0m
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
-€30.2m
Turnover
+€7.8m
Other operating income
+€171,295
Services and other goods
-€16.5m
Staff costs
-€3.0m
Depreciation
+€58.4m
Write-downs
+€138,457
Provisions
+€129,676
Other operating charges
-€226,314
Other operating items
+€7.8m
Financial income
-€4.7m
Financial charges
+€5.2m
Taxes
+€2.9m
Result 2025
€27.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,548,230,294 | €3,184,045,369 | -€364.2m | -10.3% |
| Fixed assets | 21/28 | €3,047,165,146 | €3,110,818,828 | +€63.7m | +2.1% |
| Intangible fixed assets | 21 | €1,286,912 | €3,902,305 | +€2.6m | +203% |
| Tangible fixed assets | 22/27 | €2,860,932,758 | €2,921,961,047 | +€61.0m | +2.1% |
| Plant, machinery and equipment | 23 | €2,655,635,263 | €2,776,517,157 | +€120.9m | +4.6% |
| Furniture and vehicles | 24 | €7,327 | €6,231 | -€1,096 | -15.0% |
| Assets under construction and advance payments | 27 | €205,290,168 | €145,437,658 | -€59.9m | -29.2% |
| Financial fixed assets | 28 | €184,945,477 | €184,955,477 | +€10,000 | 0.0% |
| Affiliated companies | 280/1 | €184,945,477 | €184,955,477 | +€10,000 | 0.0% |
| Participating interests | 280 | €184,945,477 | €184,955,477 | +€10,000 | 0.0% |
| Current assets | 29/58 | €501,065,148 | €73,226,541 | -€427.8m | -85.4% |
| Amounts receivable after more than one year | 29 | €2,958,217 | €6,715,261 | +€3.8m | +127% |
| Other amounts receivable | 291 | €2,958,217 | €6,715,261 | +€3.8m | +127% |
| Amounts receivable within one year | 40/41 | €497,879,590 | €64,328,538 | -€433.6m | -87.1% |
| Trade receivables | 40 | €13,106,533 | €20,928,780 | +€7.8m | +59.7% |
| Other amounts receivable | 41 | €484,773,057 | €43,399,758 | -€441.4m | -91.0% |
| Deferred charges and accrued income | 490/1 | €227,341 | €2,182,741 | +€2.0m | +860% |
| Total equity and liabilities | 10/49 | €3,548,230,294 | €3,184,045,369 | -€364.2m | -10.3% |
| Equity | 10/15 | €659,287,257 | €687,093,845 | +€27.8m | +4.2% |
| Contributions | 10/11 | €756,258,112 | €756,258,112 | = | 0.0% |
| Revaluation surpluses | 12 | €507,064 | €507,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,477,920 | -€69,671,331 | +€27.8m | +28.5% |
| Provisions and deferred taxes | 16 | €5,047,896 | €5,044,480 | -€3,416 | -0.1% |
| Provisions for liabilities and charges | 160/5 | €5,047,896 | €5,044,480 | -€3,416 | -0.1% |
| Pensions and similar obligations | 160 | €5,047,896 | €5,024,308 | -€23,588 | -0.5% |
| Other liabilities and charges | 164/5 | - | €20,172 | +€20,172 | |
| Amounts payable | 17/49 | €2,883,895,141 | €2,491,907,043 | -€392.0m | -13.6% |
| Amounts payable after more than one year | 17 | €2,410,106,601 | €2,009,953,316 | -€400.2m | -16.6% |
| Financial debts | 170/4 | €2,410,106,601 | €2,009,953,316 | -€400.2m | -16.6% |
| Other loans | 174 | €2,410,106,601 | €2,009,953,316 | -€400.2m | -16.6% |
| Amounts payable within one year | 42/48 | €421,383,855 | €435,177,224 | +€13.8m | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €161,392 | €176,402 | +€15,010 | +9.3% |
| Trade debts | 44 | €206,720,088 | €169,542,861 | -€37.2m | -18.0% |
| Suppliers | 440/4 | €206,720,088 | €169,542,861 | -€37.2m | -18.0% |
| Taxes, remuneration and social security | 45 | €137,740,943 | €189,717,492 | +€52.0m | +37.7% |
| Taxes | 450/3 | €130,522,942 | €180,164,279 | +€49.6m | +38.0% |
| Remuneration and social security | 454/9 | €7,218,001 | €9,553,213 | +€2.3m | +32.4% |
| Other amounts payable | 47/48 | €76,761,433 | €75,740,470 | -€1.0m | -1.3% |
| Accrued charges and deferred income | 492/3 | €52,404,686 | €46,776,503 | -€5.6m | -10.7% |
| Operating income | 70/76A | €710,676,051 | €727,260,273 | +€16.6m | +2.3% |
| Turnover | 70 | €683,175,963 | €690,963,608 | +€7.8m | +1.1% |
| Own construction capitalised | 72 | €20,555,064 | €24,245,399 | +€3.7m | +18.0% |
| Other operating income | 74 | €5,507,230 | €5,678,525 | +€171,295 | +3.1% |
| Non-recurring operating income | 76A | €1,437,794 | €6,372,741 | +€4.9m | +343% |
| Operating charges | 60/66A | €580,976,658 | €542,872,747 | -€38.1m | -6.6% |
| Services and other goods | 61 | €154,366,740 | €170,883,676 | +€16.5m | +10.7% |
| Remuneration, social security and pensions | 62 | €25,036,190 | €28,047,577 | +€3.0m | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397,513,708 | €339,115,608 | -€58.4m | -14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €137,147 | -€1,310 | -€138,457 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €126,260 | -€3,416 | -€129,676 | |
| Other operating charges | 640/8 | €571,083 | €797,397 | +€226,314 | +39.6% |
| Non-recurring operating charges | 66A | €3,225,530 | €4,033,215 | +€807,685 | +25.0% |
| Operating profit (loss) | 9901 | €129,699,394 | €184,387,526 | +€54.7m | +42.2% |
| Financial income | 75/76B | €11,700,188 | €6,972,437 | -€4.7m | -40.4% |
| Recurring financial income | 75 | €11,700,188 | €6,972,437 | -€4.7m | -40.4% |
| Income from current assets | 751 | €11,700,145 | €6,967,554 | -€4.7m | -40.4% |
| Other financial income | 752/9 | €43 | €4,883 | +€4,840 | +11,305% |
| Financial charges | 65/66B | €80,310,340 | €75,123,531 | -€5.2m | -6.5% |
| Recurring financial charges | 65 | €80,310,340 | €75,123,531 | -€5.2m | -6.5% |
| Debt charges | 650 | €80,218,682 | €73,331,832 | -€6.9m | -8.6% |
| Other financial charges | 652/9 | €91,658 | €1,791,698 | +€1.7m | +1,855% |
| Profit (loss) for the period before taxes | 9903 | €61,089,242 | €116,236,432 | +€55.1m | +90.3% |
| Income taxes | 67/77 | €91,297,333 | €88,429,844 | -€2.9m | -3.1% |
| Taxes | 670/3 | €91,297,333 | €88,429,844 | -€2.9m | -3.1% |
| Profit (loss) for the period | 9904 | -€30,208,091 | €27,806,588 | +€58.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,208,091 | €27,806,588 | +€58.0m |
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 13 October 2026 via checked.be.