WIGE: 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.
WIGE
Largest movements
- Receivables within one year -€246,389
down €246,389 (-67.0%), from €367,761 to €121,372
of which Other amounts receivable: -€245,374
- Current investments -€145,903
down €145,903 (-24.1%), from €606,402 to €460,498
- Cash -€141,232
down €141,232 (-53.1%), from €265,885 to €124,653
mainly Contributions, distributions and other (-€941,176) and Investment in fixed assets (net) (-€52,128)
- Tangible fixed assets +€47,960
up €47,960 (+842%), from €5,698 to €53,659
of which Other tangible fixed assets: +€48,444
- Reserves -€848,779
down €848,779 (-43.2%), from €2.0m to €1.1m
- Other debts +€350,333
up €350,333 (+8,750%), from €4,004 to €354,337
- Financial income -€319,967
down €319,967 (-97.8%), from €327,214 to €7,247
- Gross operating margin -€23,923
down €23,923 (-16.0%), from €149,295 to €125,372
- Taxes -€15,508
down €15,508 (-33.7%), from €46,010 to €30,502
- Depreciation +€1,742
up €1,742 (+71.8%), from €2,426 to €4,168
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,999,324 | €1,496,682 | -€502,642 | -25.1% |
| Fixed assets | 21/28 | €742,198 | €790,159 | +€47,960 | +6.5% |
| Tangible fixed assets | 22/27 | €5,698 | €53,659 | +€47,960 | +842% |
| Land and buildings | 22 | €1,348 | €1,011 | -€337 | -25.0% |
| Plant, machinery and equipment | 23 | €2,004 | €1,608 | -€396 | -19.8% |
| Furniture and vehicles | 24 | €2,346 | €2,595 | +€249 | +10.6% |
| Other tangible fixed assets | 26 | - | €48,444 | +€48,444 | |
| Financial fixed assets | 28 | €736,500 | €736,500 | = | 0.0% |
| Current assets | 29/58 | €1,257,125 | €706,524 | -€550,602 | -43.8% |
| Amounts receivable within one year | 40/41 | €367,761 | €121,372 | -€246,389 | -67.0% |
| Trade receivables | 40 | €33,593 | €32,577 | -€1,015 | -3.0% |
| Other amounts receivable | 41 | €334,169 | €88,795 | -€245,374 | -73.4% |
| Current investments | 50/53 | €606,402 | €460,498 | -€145,903 | -24.1% |
| Cash at bank and in hand | 54/58 | €265,885 | €124,653 | -€141,232 | -53.1% |
| Deferred charges and accrued income | 490/1 | €17,077 | - | -€17,077 | |
| Total equity and liabilities | 10/49 | €1,999,324 | €1,496,682 | -€502,642 | -25.1% |
| Equity | 10/15 | €1,973,953 | €1,125,174 | -€848,779 | -43.0% |
| Contributions | 10/11 | €9,860 | €9,860 | = | 0.0% |
| Reserves | 13 | €1,964,093 | €1,115,314 | -€848,779 | -43.2% |
| Distributable reserves | 133 | €1,964,093 | €1,115,314 | -€848,779 | -43.2% |
| Amounts payable | 17/49 | €25,371 | €371,508 | +€346,137 | +1,364% |
| Amounts payable within one year | 42/48 | €25,371 | €371,508 | +€346,137 | +1,364% |
| Financial debts | 43 | - | €13,446 | +€13,446 | |
| Credit institutions | 430/8 | - | €13,446 | +€13,446 | |
| Trade debts | 44 | €9,496 | €791 | -€8,705 | -91.7% |
| Suppliers | 440/4 | €9,496 | €791 | -€8,705 | -91.7% |
| Taxes, remuneration and social security | 45 | €11,871 | €2,933 | -€8,937 | -75.3% |
| Taxes | 450/3 | €11,731 | €2,733 | -€8,997 | -76.7% |
| Remuneration and social security | 454/9 | €140 | €200 | +€60 | +42.9% |
| Other amounts payable | 47/48 | €4,004 | €354,337 | +€350,333 | +8,750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,426 | €4,168 | +€1,742 | +71.8% |
| Other operating charges | 640/8 | €1,275 | €1,710 | +€435 | +34.1% |
| Gross operating margin | 9900 | €149,295 | €125,372 | -€23,923 | -16.0% |
| Operating profit (loss) | 9901 | €145,594 | €119,494 | -€26,100 | -17.9% |
| Financial income | 75/76B | €327,214 | €7,247 | -€319,967 | -97.8% |
| Recurring financial income | 75 | €327,214 | €7,247 | -€319,967 | -97.8% |
| Financial charges | 65/66B | €2,362 | €3,840 | +€1,478 | +62.6% |
| Recurring financial charges | 65 | €2,362 | €3,840 | +€1,478 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | €470,446 | €122,900 | -€347,545 | -73.9% |
| Income taxes | 67/77 | €46,010 | €30,502 | -€15,508 | -33.7% |
| Profit (loss) for the period | 9904 | €424,435 | €92,398 | -€332,038 | -78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €424,435 | €92,398 | -€332,038 | -78.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.