WF CONSTRUCT: 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.
WF CONSTRUCT
Largest movements
- Receivables within one year +€68,857
up €68,857 (+68.7%), from €100,186 to €169,043
of which Trade receivables: +€69,852
- Cash -€2,013
down €2,013 (-85.7%), from €2,348 to €335
mainly Receivables within one year (-€68,857) and Tax, wage and social debts (-€2,905)
- Trade debts +€62,381
up €62,381 (+86.3%), from €72,310 to €134,691
- Profit (loss) carried forward +€8,738
up €8,738 (+715%), from €1,222 to €9,960
- Tax, wage and social debts -€2,905
down €2,905 (-11.4%), from €25,411 to €22,506
- Gross operating margin +€3,615
up €3,615 (+31.7%), from €11,418 to €15,033
- Financial charges +€2,129
up €2,129 (+49.2%), from €4,329 to €6,458
of which Financial charges: +€3,186
- Financial income +€163
new in 2025: €163
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 | €103,128 | €171,232 | +€68,104 | +66.0% |
| Current assets | 29/58 | €103,128 | €171,232 | +€68,104 | +66.0% |
| Amounts receivable within one year | 40/41 | €100,186 | €169,043 | +€68,857 | +68.7% |
| Trade receivables | 40 | €92,633 | €162,484 | +€69,852 | +75.4% |
| Other amounts receivable | 41 | €7,553 | €6,559 | -€994 | -13.2% |
| Cash at bank and in hand | 54/58 | €2,348 | €335 | -€2,013 | -85.7% |
| Deferred charges and accrued income | 490/1 | €594 | €1,854 | +€1,260 | +212% |
| Total equity and liabilities | 10/49 | €103,128 | €171,232 | +€68,104 | +66.0% |
| Equity | 10/15 | €5,297 | €14,035 | +€8,738 | +165% |
| Contributions | 10/11 | €4,075 | €4,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,222 | €9,960 | +€8,738 | +715% |
| Amounts payable | 17/49 | €97,831 | €157,197 | +€59,366 | +60.7% |
| Amounts payable within one year | 42/48 | €97,831 | €157,197 | +€59,366 | +60.7% |
| Trade debts | 44 | €72,310 | €134,691 | +€62,381 | +86.3% |
| Suppliers | 440/4 | €72,310 | €134,691 | +€62,381 | +86.3% |
| Taxes, remuneration and social security | 45 | €25,411 | €22,506 | -€2,905 | -11.4% |
| Remuneration and social security | 454/9 | €25,411 | €22,506 | -€2,905 | -11.4% |
| Other amounts payable | 47/48 | €110 | - | -€110 | |
| Gross operating margin | 9900 | €11,418 | €15,033 | +€3,615 | +31.7% |
| Operating profit (loss) | 9901 | €11,418 | €15,033 | +€3,615 | +31.7% |
| Financial income | 75/76B | - | €163 | +€163 | |
| Recurring financial income | 75 | - | €163 | +€163 | |
| Financial charges | 65/66B | €4,329 | €6,458 | +€2,129 | +49.2% |
| Recurring financial charges | 65 | €3,163 | €6,348 | +€3,186 | +101% |
| Non-recurring financial charges | 66B | €1,166 | €109 | -€1,057 | -90.6% |
| Profit (loss) for the period before taxes | 9903 | €7,089 | €8,738 | +€1,649 | +23.3% |
| Profit (loss) for the period | 9904 | €7,089 | €8,738 | +€1,649 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,089 | €8,738 | +€1,649 | +23.3% |
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 27 October 2026 via checked.be.