WIRO: what changed
What changed
WIRO
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€57,697
2024 · -€44,633-€13,064
Equity
-€116,392
2024 · -€58,695-€57,697
Cash
€66,682
2024 · €2,702+€63,980
Balance sheet total
€4.2m
2024 · €30,886+€4.2m
Largest movements
Assets
- Tangible fixed assets +€4.1m
new in 2025: €4.1m
- Cash +€63,980
up €63,980 (+2,368%), from €2,702 to €66,682
mainly Other debts (+€3.7m) and Debts after one year (+€550,000)
Equity and liabilities
- Other debts +€3.7m
new in 2025: €3.7m
- Debts after one year +€550,000
up €550,000 (+733%), from €75,000 to €625,000
- Profit (loss) carried forward -€57,697
down €57,697 (-84.5%), from -€68,315 to -€126,012
Income statement
- Gross operating margin -€5,190
down €5,190 (-13.0%), from -€39,841 to -€45,031
- Financial charges +€2,737
up €2,737 (+76.7%), from €3,567 to €6,304
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
-€44,633
Gross operating margin
-€5,190
Other operating charges
-€86
Other operating items
-€5,035
Financial income
-€16
Financial charges
-€2,737
Result 2025
-€57,697
lowers 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
+€3.6m
Investment
-€4.1m
Financing
+€550,000
Cash 2024
€2,702
From operations (derived)
+€3.6m
Net result for the year
-€57,697
Smaller working-capital items
+€4,965
Other debts
+€3.7m
Investment (derived)
-€4.1m
Investment in fixed assets (net)
-€4.1m
Financing
+€550,000
Debts after one year
+€550,000
Cash 2025
€66,682
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,886 | €4,186,746 | +€4.2m | +13,456% |
| Fixed assets | 21/28 | - | €4,088,000 | +€4.1m | |
| Tangible fixed assets | 22/27 | - | €4,088,000 | +€4.1m | |
| Land and buildings | 22 | - | €4,088,000 | +€4.1m | |
| Current assets | 29/58 | €30,886 | €98,746 | +€67,861 | +220% |
| Amounts receivable within one year | 40/41 | €28,183 | €32,064 | +€3,881 | +13.8% |
| Trade receivables | 40 | €17,205 | €27,136 | +€9,932 | +57.7% |
| Other amounts receivable | 41 | €10,979 | €4,928 | -€6,051 | -55.1% |
| Cash at bank and in hand | 54/58 | €2,702 | €66,682 | +€63,980 | +2,368% |
| Total equity and liabilities | 10/49 | €30,886 | €4,186,746 | +€4.2m | +13,456% |
| Equity | 10/15 | -€58,695 | -€116,392 | -€57,697 | -98.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,419 | €3,419 | = | 0.0% |
| Distributable reserves | 133 | €3,419 | €3,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,315 | -€126,012 | -€57,697 | -84.5% |
| Amounts payable | 17/49 | €89,581 | €4,303,139 | +€4.2m | +4,704% |
| Amounts payable after more than one year | 17 | €75,000 | €625,000 | +€550,000 | +733% |
| Financial debts | 170/4 | €75,000 | €625,000 | +€550,000 | +733% |
| Amounts payable within one year | 42/48 | €14,581 | €3,678,139 | +€3.7m | +25,126% |
| Trade debts | 44 | €14,581 | €23,427 | +€8,846 | +60.7% |
| Suppliers | 440/4 | €14,581 | €23,427 | +€8,846 | +60.7% |
| Other amounts payable | 47/48 | - | €3,654,712 | +€3.7m | |
| Other operating charges | 640/8 | €1,241 | €1,327 | +€86 | +6.9% |
| Non-recurring operating charges | 66A | - | €5,035 | +€5,035 | |
| Gross operating margin | 9900 | -€39,841 | -€45,031 | -€5,190 | -13.0% |
| Operating profit (loss) | 9901 | -€41,081 | -€51,393 | -€10,312 | -25.1% |
| Financial income | 75/76B | €16 | €0 | -€16 | -100% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100% |
| Financial charges | 65/66B | €3,567 | €6,304 | +€2,737 | +76.7% |
| Recurring financial charges | 65 | €3,567 | €6,304 | +€2,737 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | -€44,633 | -€57,697 | -€13,064 | -29.3% |
| Profit (loss) for the period | 9904 | -€44,633 | -€57,697 | -€13,064 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,633 | -€57,697 | -€13,064 | -29.3% |
Next steps
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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.