WEFISC: 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.
WEFISC
Largest movements
- Cash -€5,925
down €5,925 (-25.0%), from €23,744 to €17,819
mainly Other debts (-€14,650) and Contributions, distributions and other (-€833)
- Receivables within one year -€4,197
down €4,197 (-75.2%), from €5,578 to €1,381
of which Trade receivables: -€4,875
- Tangible fixed assets -€1,940
down €1,940 (-19.5%), from €9,938 to €7,998
of which Other tangible fixed assets: -€1,322
- Deferred charges and accrued income +€426
up €426 (+845.1%), from €50 to €476
- Other debts -€14,650
down €14,650 (-75.0%), from €19,523 to €4,873
- Reserves +€2,188
up €2,188 (+14.2%), from €15,374 to €17,562
- Tax, wage and social debts +€785
up €785 (+111.0%), from €707 to €1,491
- Gross operating margin +€2,996
up €2,996 (+70.3%), from €4,260 to €7,256
- Taxes +€783
up €783 (+145.3%), from €539 to €1,323
- Financial income -€685
no longer reported in 2025 (was €685)
- Financial charges -€209
down €209 (-29.0%), from €719 to €510
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 | €39,312 | €27,675 | -€11,637 | -29.6% |
| Fixed assets | 21/28 | €9,938 | €7,998 | -€1,940 | -19.5% |
| Tangible fixed assets | 22/27 | €9,938 | €7,998 | -€1,940 | -19.5% |
| Furniture and vehicles | 24 | €937 | €319 | -€618 | -66.0% |
| Other tangible fixed assets | 26 | €9,001 | €7,679 | -€1,322 | -14.7% |
| Current assets | 29/58 | €29,373 | €19,677 | -€9,697 | -33.0% |
| Amounts receivable within one year | 40/41 | €5,578 | €1,381 | -€4,197 | -75.2% |
| Trade receivables | 40 | €4,946 | €72 | -€4,875 | -98.6% |
| Other amounts receivable | 41 | €632 | €1,309 | +€677 | +107.2% |
| Cash at bank and in hand | 54/58 | €23,744 | €17,819 | -€5,925 | -25.0% |
| Deferred charges and accrued income | 490/1 | €50 | €476 | +€426 | +845.1% |
| Total equity and liabilities | 10/49 | €39,312 | €27,675 | -€11,637 | -29.6% |
| Equity | 10/15 | €18,374 | €20,562 | +€2,188 | +11.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,374 | €17,562 | +€2,188 | +14.2% |
| Distributable reserves | 133 | €15,374 | €17,562 | +€2,188 | +14.2% |
| Amounts payable | 17/49 | €20,938 | €7,113 | -€13,824 | -66.0% |
| Amounts payable within one year | 42/48 | €20,309 | €6,693 | -€13,616 | -67.0% |
| Trade debts | 44 | €79 | €329 | +€250 | +314.2% |
| Suppliers | 440/4 | €79 | €329 | +€250 | +314.2% |
| Taxes, remuneration and social security | 45 | €707 | €1,491 | +€785 | +111.0% |
| Taxes | 450/3 | €707 | €1,491 | +€785 | +111.0% |
| Other amounts payable | 47/48 | €19,523 | €4,873 | -€14,650 | -75.0% |
| Accrued charges and deferred income | 492/3 | €629 | €420 | -€209 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,004 | €1,940 | -€64 | -3.2% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €4,260 | €7,256 | +€2,996 | +70.3% |
| Operating profit (loss) | 9901 | €1,806 | €4,854 | +€3,048 | +168.8% |
| Financial income | 75/76B | €685 | - | -€685 | |
| Recurring financial income | 75 | €685 | - | -€685 | |
| Financial charges | 65/66B | €719 | €510 | -€209 | -29.0% |
| Recurring financial charges | 65 | €719 | €510 | -€209 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €1,772 | €4,343 | +€2,571 | +145.1% |
| Income taxes | 67/77 | €539 | €1,323 | +€783 | +145.3% |
| Profit (loss) for the period | 9904 | €1,233 | €3,021 | +€1,788 | +145.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,233 | €3,021 | +€1,788 | +145.0% |
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 12 October 2026 via checked.be.