WILINK INSURANCE: what changed
What changed
WILINK INSURANCE
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
-€229,776
2024 · -€2.3m+€2.0m
Equity
€468,075
2024 · €697,851-€229,776
Cash
€1.9m
2024 · €2.8m-€894,126
Balance sheet total
€24.6m
2024 · €27.6m-€3.0m
Largest movements
Assets
- Intangible fixed assets -€1.1m
down €1.1m (-7.7%), from €14.2m to €13.1m
- Receivables within one year -€973,842
down €973,842 (-11.6%), from €8.4m to €7.5m
of which Other amounts receivable: -€692,486
- Cash -€894,126
down €894,126 (-31.7%), from €2.8m to €1.9m
mainly Debts after one year (-€2.1m) and Investment in fixed assets (net) (-€593,074)
Equity and liabilities
- Contributions -€2.3m
down €2.3m (-76.7%), from €3.0m to €697,851
- Profit (loss) carried forward +€2.1m
up €2.1m (+75.3%), from -€2.8m to -€680,724
- Debts after one year -€2.1m
down €2.1m (-12.8%), from €16.1m to €14.1m
- Tax, wage and social debts -€496,880
down €496,880 (-15.8%), from €3.1m to €2.6m
of which Remuneration and social security: -€509,118
- Other debts -€284,537
down €284,537 (-76.3%), from €372,950 to €88,414
Income statement
- Services and other goods -€1.1m
down €1.1m (-12.4%), from €9.1m to €8.0m
- Provisions -€538,071
down €538,071, from €504,076 to -€33,995
- Write-downs -€388,508
no longer reported in 2025 (was €388,508)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€2.3m
Turnover
-€70,039
Other operating income
+€62,111
Goods and materials
+€304,992
Services and other goods
+€1.1m
Staff costs
-€148,382
Depreciation
-€63,321
Write-downs
+€388,508
Provisions
+€538,071
Other operating charges
-€3,020
Other operating items
-€385,789
Financial income
+€11,487
Financial charges
+€281,769
Taxes
-€1,592
Result 2025
-€229,776
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.8m
Investment
-€593,074
Financing
-€2.1m
Cash 2024
€2.8m
From operations (derived)
+€1.8m
Net result for the year
-€229,776
Depreciation
+€1.9m
Receivables within one year
+€973,842
Deferred charges and accrued income
-€191,292
Provisions
-€33,995
Trade debts
+€145,514
Tax, wage and social debts
-€496,880
Other debts
-€284,537
Accrued charges and deferred income
-€20,174
Investment (derived)
-€593,074
Investment in fixed assets (net)
-€593,074
Financing
-€2.1m
Debts after one year
-€2.1m
Current portion of long-term debt
+€0
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,552,214 | €24,574,100 | -€3.0m | -10.8% |
| Fixed assets | 21/28 | €15,771,714 | €14,470,276 | -€1.3m | -8.3% |
| Intangible fixed assets | 21 | €14,169,753 | €13,074,362 | -€1.1m | -7.7% |
| Tangible fixed assets | 22/27 | €1,098,350 | €881,554 | -€216,797 | -19.7% |
| Land and buildings | 22 | €339,000 | €289,744 | -€49,256 | -14.5% |
| Plant, machinery and equipment | 23 | €153 | €4,751 | +€4,597 | +2,999% |
| Furniture and vehicles | 24 | €307,950 | €194,118 | -€113,832 | -37.0% |
| Other tangible fixed assets | 26 | €451,247 | €392,940 | -€58,306 | -12.9% |
| Financial fixed assets | 28 | €503,611 | €514,360 | +€10,749 | +2.1% |
| Affiliated companies | 280/1 | €389,956 | €389,956 | = | 0.0% |
| Participating interests | 280 | €389,956 | €389,956 | = | 0.0% |
| Other financial fixed assets | 284/8 | €113,655 | €124,404 | +€10,749 | +9.5% |
| Shares | 284 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €98,655 | €109,404 | +€10,749 | +10.9% |
| Current assets | 29/58 | €11,780,500 | €10,103,824 | -€1.7m | -14.2% |
| Amounts receivable within one year | 40/41 | €8,431,405 | €7,457,563 | -€973,842 | -11.6% |
| Trade receivables | 40 | €6,562,523 | €6,281,166 | -€281,357 | -4.3% |
| Other amounts receivable | 41 | €1,868,882 | €1,176,397 | -€692,486 | -37.1% |
| Current investments | 50/53 | €116,741 | €116,741 | = | 0.0% |
| Other investments | 51/53 | €116,741 | €116,741 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,819,999 | €1,925,874 | -€894,126 | -31.7% |
| Deferred charges and accrued income | 490/1 | €412,354 | €603,646 | +€191,292 | +46.4% |
| Total equity and liabilities | 10/49 | €27,552,214 | €24,574,100 | -€3.0m | -10.8% |
| Equity | 10/15 | €697,851 | €468,075 | -€229,776 | -32.9% |
| Contributions | 10/11 | €3,000,000 | €697,851 | -€2.3m | -76.7% |
| Capital | 10 | €3,000,000 | €697,851 | -€2.3m | -76.7% |
| Issued capital | 100 | €3,000,000 | €697,851 | -€2.3m | -76.7% |
| Reserves | 13 | €450,948 | €450,948 | = | 0.0% |
| Non-distributable reserves | 130/1 | €450,948 | €450,948 | = | 0.0% |
| Legal reserve | 130 | €450,948 | €450,948 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,753,097 | -€680,724 | +€2.1m | +75.3% |
| Provisions and deferred taxes | 16 | €903,599 | €869,604 | -€33,995 | -3.8% |
| Provisions for liabilities and charges | 160/5 | €903,599 | €869,604 | -€33,995 | -3.8% |
| Other liabilities and charges | 164/5 | €903,599 | €869,604 | -€33,995 | -3.8% |
| Amounts payable | 17/49 | €25,950,764 | €23,236,420 | -€2.7m | -10.5% |
| Amounts payable after more than one year | 17 | €16,141,833 | €14,083,567 | -€2.1m | -12.8% |
| Financial debts | 170/4 | €16,141,833 | €14,083,567 | -€2.1m | -12.8% |
| Credit institutions | 173 | €16,141,833 | €14,083,567 | -€2.1m | -12.8% |
| Amounts payable within one year | 42/48 | €9,788,756 | €9,152,854 | -€635,902 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €2,058,266 | €2,058,267 | +€0 | 0.0% |
| Financial debts | 43 | €750,000 | €750,000 | = | 0.0% |
| Other loans | 439 | €750,000 | €750,000 | = | 0.0% |
| Trade debts | 44 | €3,471,463 | €3,616,978 | +€145,514 | +4.2% |
| Suppliers | 440/4 | €3,471,463 | €3,616,978 | +€145,514 | +4.2% |
| Taxes, remuneration and social security | 45 | €3,136,076 | €2,639,196 | -€496,880 | -15.8% |
| Taxes | 450/3 | €379,362 | €391,600 | +€12,238 | +3.2% |
| Remuneration and social security | 454/9 | €2,756,714 | €2,247,596 | -€509,118 | -18.5% |
| Other amounts payable | 47/48 | €372,950 | €88,414 | -€284,537 | -76.3% |
| Accrued charges and deferred income | 492/3 | €20,174 | - | -€20,174 | |
| Operating income | 70/76A | €32,448,669 | €32,440,741 | -€7,928 | 0.0% |
| Turnover | 70 | €31,170,043 | €31,100,004 | -€70,039 | -0.2% |
| Other operating income | 74 | €1,278,627 | €1,340,737 | +€62,111 | +4.9% |
| Operating charges | 60/66A | €33,475,011 | €31,719,505 | -€1.8m | -5.2% |
| Goods for resale, raw materials and consumables | 60 | €8,322,321 | €8,017,329 | -€304,992 | -3.7% |
| Purchases | 600/8 | €8,322,321 | €8,017,329 | -€304,992 | -3.7% |
| Services and other goods | 61 | €9,084,058 | €7,959,610 | -€1.1m | -12.4% |
| Remuneration, social security and pensions | 62 | €12,726,765 | €12,875,147 | +€148,382 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,831,191 | €1,894,512 | +€63,321 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €388,508 | - | -€388,508 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €504,076 | -€33,995 | -€538,071 | |
| Other operating charges | 640/8 | €170,116 | €173,136 | +€3,020 | +1.8% |
| Non-recurring operating charges | 66A | €447,977 | €833,765 | +€385,789 | +86.1% |
| Operating profit (loss) | 9901 | -€1,026,342 | €721,236 | +€1.7m | |
| Financial income | 75/76B | €25,974 | €37,461 | +€11,487 | +44.2% |
| Recurring financial income | 75 | €25,974 | €37,461 | +€11,487 | +44.2% |
| Income from current assets | 751 | €25,955 | €37,453 | +€11,498 | +44.3% |
| Other financial income | 752/9 | €19 | €8 | -€10 | -56.3% |
| Financial charges | 65/66B | €1,238,582 | €956,814 | -€281,769 | -22.7% |
| Recurring financial charges | 65 | €1,238,582 | €956,814 | -€281,769 | -22.7% |
| Debt charges | 650 | €1,077,862 | €822,873 | -€254,989 | -23.7% |
| Other financial charges | 652/9 | €160,720 | €133,941 | -€26,779 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,238,950 | -€198,116 | +€2.0m | +91.2% |
| Income taxes | 67/77 | €30,067 | €31,660 | +€1,592 | +5.3% |
| Taxes | 670/3 | €30,067 | €31,660 | +€1,592 | +5.3% |
| Profit (loss) for the period | 9904 | -€2,269,018 | -€229,776 | +€2.0m | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,269,018 | -€229,776 | +€2.0m | +89.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.