WENFRA: 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.
WENFRA
Largest movements
- Receivables within one year -€15,458
down €15,458 (-13.0%), from €118,910 to €103,452
of which Trade receivables: -€27,402
- Deferred charges and accrued income +€8,715
new in 2025: €8,715
- Trade debts +€13,285
up €13,285 (+223%), from €5,955 to €19,239
- Advances received -€11,165
down €11,165 (-100%), from €11,165 to €0
- Tax, wage and social debts -€5,906
down €5,906 (-26.2%), from €22,540 to €16,634
- Accrued charges and deferred income -€4,157
down €4,157 (-100%), from €4,157 to €0
- Gross operating margin -€21,542
down €21,542 (-83.5%), from €25,799 to €4,257
- Taxes -€16,853
down €16,853 (-92.8%), from €18,153 to €1,300
- Other operating charges +€397
up €397 (+54.2%), from €733 to €1,129
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 | €124,166 | €117,151 | -€7,015 | -5.7% |
| Current assets | 29/58 | €124,166 | €117,151 | -€7,015 | -5.7% |
| Amounts receivable within one year | 40/41 | €118,910 | €103,452 | -€15,458 | -13.0% |
| Trade receivables | 40 | €28,719 | €1,317 | -€27,402 | -95.4% |
| Other amounts receivable | 41 | €90,191 | €102,135 | +€11,944 | +13.2% |
| Cash at bank and in hand | 54/58 | €5,256 | €4,984 | -€272 | -5.2% |
| Deferred charges and accrued income | 490/1 | - | €8,715 | +€8,715 | |
| Total equity and liabilities | 10/49 | €124,166 | €117,151 | -€7,015 | -5.7% |
| Equity | 10/15 | €80,350 | €80,168 | -€182 | -0.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,350 | €65,168 | -€182 | -0.3% |
| Amounts payable | 17/49 | €43,817 | €36,983 | -€6,834 | -15.6% |
| Amounts payable within one year | 42/48 | €39,659 | €36,983 | -€2,677 | -6.7% |
| Trade debts | 44 | €5,955 | €19,239 | +€13,285 | +223% |
| Suppliers | 440/4 | €5,955 | €19,239 | +€13,285 | +223% |
| Advances received on contracts in progress | 46 | €11,165 | €0 | -€11,165 | -100% |
| Taxes, remuneration and social security | 45 | €22,540 | €16,634 | -€5,906 | -26.2% |
| Taxes | 450/3 | €22,540 | €16,634 | -€5,906 | -26.2% |
| Other amounts payable | 47/48 | - | €1,109 | +€1,109 | |
| Accrued charges and deferred income | 492/3 | €4,157 | €0 | -€4,157 | -100% |
| Remuneration, social security and pensions | 62 | €392 | €170 | -€222 | -56.6% |
| Other operating charges | 640/8 | €733 | €1,129 | +€397 | +54.2% |
| Gross operating margin | 9900 | €25,799 | €4,257 | -€21,542 | -83.5% |
| Operating profit (loss) | 9901 | €24,675 | €2,958 | -€21,717 | -88.0% |
| Financial income | 75/76B | €3 | €92 | +€89 | +2,923% |
| Recurring financial income | 75 | €3 | €92 | +€89 | +2,923% |
| Financial charges | 65/66B | €2,112 | €1,932 | -€181 | -8.5% |
| Recurring financial charges | 65 | €2,112 | €1,932 | -€181 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €22,565 | €1,118 | -€21,447 | -95.0% |
| Income taxes | 67/77 | €18,153 | €1,300 | -€16,853 | -92.8% |
| Profit (loss) for the period | 9904 | €4,413 | -€182 | -€4,594 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,413 | -€182 | -€4,594 |
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 18 October 2026 via checked.be.