WF Electric Solutions: 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 Electric Solutions
Largest movements
- Tangible fixed assets -€25,855
down €25,855 (-21.7%), from €119,266 to €93,411
of which Furniture and vehicles: -€16,402
- Cash -€24,257
down €24,257 (-53.0%), from €45,766 to €21,508
mainly Other debts (-€41,974) and Tax, wage and social debts (-€8,112)
- Deferred charges and accrued income +€3,286
up €3,286 (+184%), from €1,781 to €5,067
- Other debts -€41,974
down €41,974 (-25.2%), from €166,812 to €124,837
- Tax, wage and social debts -€8,112
down €8,112 (-45.4%), from €17,879 to €9,767
of which Remuneration and social security: -€6,610
- Accrued charges and deferred income +€5,855
up €5,855 (+390%), from €1,500 to €7,355
- Trade debts -€3,624
down €3,624 (-18.4%), from €19,742 to €16,118
- Gross operating margin +€37,404
up €37,404 (+89.1%), from €41,983 to €79,387
- Staff costs +€24,062
up €24,062 (+193%), from €12,437 to €36,499
- Depreciation +€15,417
up €15,417 (+99.4%), from €15,503 to €30,920
- Financial income +€1,508
up €1,508 (+1,906%), from €79 to €1,587
- Financial charges +€1,180
up €1,180 (+18.0%), from €6,558 to €7,737
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 | €220,374 | €174,294 | -€46,080 | -20.9% |
| Fixed assets | 21/28 | €119,266 | €93,411 | -€25,855 | -21.7% |
| Tangible fixed assets | 22/27 | €119,266 | €93,411 | -€25,855 | -21.7% |
| Plant, machinery and equipment | 23 | €54,321 | €44,869 | -€9,453 | -17.4% |
| Furniture and vehicles | 24 | €64,944 | €48,542 | -€16,402 | -25.3% |
| Current assets | 29/58 | €101,108 | €80,883 | -€20,225 | -20.0% |
| Stocks and contracts in progress | 3 | €25,000 | €25,000 | = | 0.0% |
| Stocks | 30/36 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,561 | €29,307 | +€746 | +2.6% |
| Trade receivables | 40 | €23,406 | €22,648 | -€758 | -3.2% |
| Other amounts receivable | 41 | €5,155 | €6,659 | +€1,504 | +29.2% |
| Cash at bank and in hand | 54/58 | €45,766 | €21,508 | -€24,257 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,781 | €5,067 | +€3,286 | +184% |
| Total equity and liabilities | 10/49 | €220,374 | €174,294 | -€46,080 | -20.9% |
| Equity | 10/15 | €14,440 | €16,216 | +€1,776 | +12.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,440 | €6,216 | +€1,776 | +40.0% |
| Amounts payable | 17/49 | €205,934 | €158,078 | -€47,856 | -23.2% |
| Amounts payable within one year | 42/48 | €204,434 | €150,723 | -€53,711 | -26.3% |
| Trade debts | 44 | €19,742 | €16,118 | -€3,624 | -18.4% |
| Suppliers | 440/4 | €19,742 | €16,118 | -€3,624 | -18.4% |
| Taxes, remuneration and social security | 45 | €17,879 | €9,767 | -€8,112 | -45.4% |
| Taxes | 450/3 | €7,237 | €5,735 | -€1,502 | -20.8% |
| Remuneration and social security | 454/9 | €10,642 | €4,032 | -€6,610 | -62.1% |
| Other amounts payable | 47/48 | €166,812 | €124,837 | -€41,974 | -25.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €7,355 | +€5,855 | +390% |
| Remuneration, social security and pensions | 62 | €12,437 | €36,499 | +€24,062 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,503 | €30,920 | +€15,417 | +99.4% |
| Other operating charges | 640/8 | €874 | €1,360 | +€485 | +55.5% |
| Gross operating margin | 9900 | €41,983 | €79,387 | +€37,404 | +89.1% |
| Operating profit (loss) | 9901 | €13,169 | €10,608 | -€2,560 | -19.4% |
| Financial income | 75/76B | €79 | €1,587 | +€1,508 | +1,906% |
| Recurring financial income | 75 | €79 | €1,587 | +€1,508 | +1,906% |
| Financial charges | 65/66B | €6,558 | €7,737 | +€1,180 | +18.0% |
| Recurring financial charges | 65 | €6,558 | €7,737 | +€1,180 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €6,690 | €4,458 | -€2,232 | -33.4% |
| Income taxes | 67/77 | €2,250 | €2,682 | +€432 | +19.2% |
| Profit (loss) for the period | 9904 | €4,440 | €1,776 | -€2,664 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,440 | €1,776 | -€2,664 | -60.0% |
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 18 October 2026 via checked.be.