WYVACO: 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.
WYVACO
Largest movements
- Tangible fixed assets +€231,990
up €231,990 (+25.8%), from €899,098 to €1.1m
of which Land and buildings: +€230,840
- Receivables within one year +€34,400
up €34,400 (+602.3%), from €5,711 to €40,112
of which Other amounts receivable: +€34,498
- Cash -€16,593
down €16,593 (-28.0%), from €59,353 to €42,759
mainly Investment in fixed assets (net) (-€232,209) and Debts after one year (-€109,716)
- Contributions +€230,840
up €230,840 (+6.1%), from €3.8m to €4.0m
- Debts after one year -€109,716
down €109,716 (-5.1%), from €2.2m to €2.1m
- Other debts +€71,399
up €71,399 (+28.9%), from €246,876 to €318,274
- Profit (loss) carried forward +€57,164
up €57,164 (+1.0%), from -€5.4m to -€5.4m
- Gross operating margin -€59,465
down €59,465 (-47.5%), from €125,267 to €65,802
- Staff costs -€21,211
down €21,211 (-100.0%), from €21,211 to €0
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 | €965,840 | €1,215,549 | +€249,709 | +25.9% |
| Fixed assets | 21/28 | €899,098 | €1,131,088 | +€231,990 | +25.8% |
| Tangible fixed assets | 22/27 | €899,098 | €1,131,088 | +€231,990 | +25.8% |
| Land and buildings | 22 | €899,098 | €1,129,938 | +€230,840 | +25.7% |
| Furniture and vehicles | 24 | - | €1,150 | +€1,150 | |
| Current assets | 29/58 | €66,742 | €84,461 | +€17,719 | +26.5% |
| Amounts receivable within one year | 40/41 | €5,711 | €40,112 | +€34,400 | +602.3% |
| Trade receivables | 40 | €98 | €0 | -€98 | -100.0% |
| Other amounts receivable | 41 | €5,614 | €40,112 | +€34,498 | +614.6% |
| Cash at bank and in hand | 54/58 | €59,353 | €42,759 | -€16,593 | -28.0% |
| Deferred charges and accrued income | 490/1 | €1,678 | €1,590 | -€88 | -5.3% |
| Total equity and liabilities | 10/49 | €965,840 | €1,215,549 | +€249,709 | +25.9% |
| Equity | 10/15 | -€1,453,252 | -€1,165,248 | +€288,004 | +19.8% |
| Contributions | 10/11 | €3,810,000 | €4,040,840 | +€230,840 | +6.1% |
| Capital | 10 | €3,810,000 | €4,040,840 | +€230,840 | +6.1% |
| Issued capital | 100 | €3,810,000 | €4,040,840 | +€230,840 | +6.1% |
| Reserves | 13 | €184,860 | €184,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89,526 | €89,526 | = | 0.0% |
| Legal reserve | 130 | €89,526 | €89,526 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,202 | €54,202 | = | 0.0% |
| Distributable reserves | 133 | €41,132 | €41,132 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,448,112 | -€5,390,948 | +€57,164 | +1.0% |
| Amounts payable | 17/49 | €2,419,092 | €2,380,797 | -€38,295 | -1.6% |
| Amounts payable after more than one year | 17 | €2,169,426 | €2,059,709 | -€109,716 | -5.1% |
| Other amounts payable | 178/9 | €2,169,426 | €2,059,709 | -€109,716 | -5.1% |
| Amounts payable within one year | 42/48 | €249,667 | €321,088 | +€71,421 | +28.6% |
| Trade debts | 44 | €2,056 | €2,113 | +€57 | +2.8% |
| Suppliers | 440/4 | €2,056 | €2,113 | +€57 | +2.8% |
| Taxes, remuneration and social security | 45 | €734 | €700 | -€34 | -4.6% |
| Taxes | 450/3 | €734 | €700 | -€34 | -4.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €246,876 | €318,274 | +€71,399 | +28.9% |
| Remuneration, social security and pensions | 62 | €21,211 | €0 | -€21,211 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €219 | +€219 | |
| Other operating charges | 640/8 | €5,997 | €6,440 | +€442 | +7.4% |
| Gross operating margin | 9900 | €125,267 | €65,802 | -€59,465 | -47.5% |
| Operating profit (loss) | 9901 | €98,059 | €59,143 | -€38,916 | -39.7% |
| Financial income | 75/76B | - | €835 | +€835 | |
| Recurring financial income | 75 | - | €835 | +€835 | |
| Financial charges | 65/66B | €2,666 | €2,113 | -€553 | -20.7% |
| Recurring financial charges | 65 | €2,666 | €2,113 | -€553 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €95,393 | €57,864 | -€37,528 | -39.3% |
| Income taxes | 67/77 | €734 | €700 | -€34 | -4.6% |
| Profit (loss) for the period | 9904 | €94,658 | €57,164 | -€37,494 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €94,658 | €57,164 | -€37,494 | -39.6% |
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.