FEDERATION WALLONNE DE SERVICES: 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.
FEDERATION WALLONNE DE SERVICES
Largest movements
- Receivables within one year -€43,760
down €43,760 (-40.8%), from €107,214 to €63,454
of which Trade receivables: -€42,535
- Cash -€3,632
down €3,632 (-30.6%), from €11,873 to €8,241
mainly Net result for the year (-€34,301) and Other debts (-€12,579)
- Profit (loss) carried forward -€34,301
down €34,301, from €5,733 to -€28,568
- Other debts -€12,579
down €12,579 (-99.4%), from €12,649 to €70
- Trade debts +€10,513
up €10,513 (+101%), from €10,399 to €20,912
of which Bills of exchange payable: +€5,753
- Debts after one year -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€53,154
down €53,154 (-44.6%), from €119,190 to €66,036
- Staff costs +€16,177
up €16,177 (+20.1%), from €80,541 to €96,718
- Taxes -€4,492
down €4,492, from €4,000 to -€492
- Other operating charges +€3,657
up €3,657 (+943%), from €388 to €4,045
- Purchases and services +€2,456
up €2,456 (+4.9%), from €50,599 to €53,055
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.
Derived cash bridge
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 | €119,087 | €71,695 | -€47,392 | -39.8% |
| Current assets | 29/58 | €119,087 | €71,695 | -€47,392 | -39.8% |
| Amounts receivable within one year | 40/41 | €107,214 | €63,454 | -€43,760 | -40.8% |
| Trade receivables | 40 | €105,989 | €63,454 | -€42,535 | -40.1% |
| Other amounts receivable | 41 | €1,225 | - | -€1,225 | |
| Cash at bank and in hand | 54/58 | €11,873 | €8,241 | -€3,632 | -30.6% |
| Total equity and liabilities | 10/49 | €119,087 | €71,695 | -€47,392 | -39.8% |
| Equity | 10/15 | €59,233 | €24,932 | -€34,301 | -57.9% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €32,500 | €32,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,733 | -€28,568 | -€34,301 | |
| Amounts payable | 17/49 | €59,854 | €46,763 | -€13,091 | -21.9% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Other amounts payable | 178/9 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €49,854 | €46,763 | -€3,091 | -6.2% |
| Trade debts | 44 | €10,399 | €20,912 | +€10,513 | +101% |
| Suppliers | 440/4 | - | €4,760 | +€4,760 | |
| Bills of exchange payable | 441 | €10,399 | €16,152 | +€5,753 | +55.3% |
| Taxes, remuneration and social security | 45 | €26,806 | €25,781 | -€1,025 | -3.8% |
| Taxes | 450/3 | €15,308 | €8,428 | -€6,880 | -44.9% |
| Remuneration and social security | 454/9 | €11,498 | €17,353 | +€5,855 | +50.9% |
| Other amounts payable | 47/48 | €12,649 | €70 | -€12,579 | -99.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,599 | €53,055 | +€2,456 | +4.9% |
| Remuneration, social security and pensions | 62 | €80,541 | €96,718 | +€16,177 | +20.1% |
| Other operating charges | 640/8 | €388 | €4,045 | +€3,657 | +943% |
| Gross operating margin | 9900 | €119,190 | €66,036 | -€53,154 | -44.6% |
| Operating profit (loss) | 9901 | €38,261 | -€34,727 | -€72,988 | |
| Financial charges | 65/66B | €244 | €66 | -€178 | -73.0% |
| Recurring financial charges | 65 | €244 | €66 | -€178 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €38,017 | -€34,793 | -€72,810 | |
| Income taxes | 67/77 | €4,000 | -€492 | -€4,492 | |
| Profit (loss) for the period | 9904 | €34,017 | -€34,301 | -€68,318 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,017 | -€34,301 | -€68,318 |
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 22 October 2026 via checked.be.