WFAIRS: 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.
WFAIRS
Largest movements
- Receivables within one year +€206,907
up €206,907 (+710.3%), from €29,128 to €236,035
of which Trade receivables: +€210,719
- Current investments +€25,550
new in 2025: €25,550
- Cash -€14,220
no longer reported in 2025 (was €14,220)
mainly Receivables within one year (-€206,907) and Advances received (-€47,385)
- Intangible fixed assets -€4,000
down €4,000 (-27.7%), from €14,422 to €10,422
- Accrued charges and deferred income +€197,214
new in 2025: €197,214
- Profit (loss) carried forward +€61,253
no longer reported in 2025 (was -€61,253)
- Advances received -€47,385
no longer reported in 2025 (was €47,385)
- Tax, wage and social debts +€38,449
up €38,449 (+2256.9%), from €1,704 to €40,153
of which Taxes: +€39,009
- Other debts -€37,095
no longer reported in 2025 (was €37,095)
- Gross operating margin +€98,641
up €98,641 (+137.6%), from €71,690 to €170,331
- Staff costs +€52,991
up €52,991 (+127.3%), from €41,642 to €94,633
- Other operating charges -€2,274
no longer reported in 2025 (was €2,274)
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 | €58,767 | €272,278 | +€213,511 | +363.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €14,422 | €10,422 | -€4,000 | -27.7% |
| Intangible fixed assets | 21 | €14,422 | €10,422 | -€4,000 | -27.7% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €44,345 | €261,856 | +€217,511 | +490.5% |
| Amounts receivable within one year | 40/41 | €29,128 | €236,035 | +€206,907 | +710.3% |
| Trade receivables | 40 | €13,017 | €223,735 | +€210,719 | +1618.8% |
| Other amounts receivable | 41 | €16,111 | €12,300 | -€3,812 | -23.7% |
| Current investments | 50/53 | - | €25,550 | +€25,550 | |
| Cash at bank and in hand | 54/58 | €14,220 | - | -€14,220 | |
| Deferred charges and accrued income | 490/1 | €997 | €271 | -€726 | -72.8% |
| Total equity and liabilities | 10/49 | €58,767 | €272,278 | +€213,511 | +363.3% |
| Equity | 10/15 | -€42,653 | €26,549 | +€69,201 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €7,949 | +€7,949 | |
| Distributable reserves | 133 | - | €7,949 | +€7,949 | |
| Profit (loss) carried forward | 14 | -€61,253 | - | +€61,253 | |
| Amounts payable | 17/49 | €101,419 | €245,729 | +€144,310 | +142.3% |
| Amounts payable within one year | 42/48 | €101,419 | €48,515 | -€52,904 | -52.2% |
| Trade debts | 44 | €15,235 | €8,362 | -€6,874 | -45.1% |
| Suppliers | 440/4 | €15,235 | €8,362 | -€6,874 | -45.1% |
| Advances received on contracts in progress | 46 | €47,385 | - | -€47,385 | |
| Taxes, remuneration and social security | 45 | €1,704 | €40,153 | +€38,449 | +2256.9% |
| Taxes | 450/3 | - | €39,009 | +€39,009 | |
| Remuneration and social security | 454/9 | €1,704 | €1,145 | -€559 | -32.8% |
| Other amounts payable | 47/48 | €37,095 | - | -€37,095 | |
| Accrued charges and deferred income | 492/3 | - | €197,214 | +€197,214 | |
| Remuneration, social security and pensions | 62 | €41,642 | €94,633 | +€52,991 | +127.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €4,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,274 | - | -€2,274 | |
| Gross operating margin | 9900 | €71,690 | €170,331 | +€98,641 | +137.6% |
| Operating profit (loss) | 9901 | €23,775 | €71,697 | +€47,923 | +201.6% |
| Financial income | 75/76B | €320 | €1 | -€319 | -99.8% |
| Recurring financial income | 75 | €320 | €1 | -€319 | -99.8% |
| Financial charges | 65/66B | €538 | €847 | +€309 | +57.5% |
| Recurring financial charges | 65 | €538 | €847 | +€309 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €23,557 | €70,851 | +€47,294 | +200.8% |
| Income taxes | 67/77 | - | €1,650 | +€1,650 | |
| Profit (loss) for the period | 9904 | €23,557 | €69,201 | +€45,645 | +193.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,557 | €69,201 | +€45,645 | +193.8% |
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.