WFC KARSON: 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.
WFC KARSON
Largest movements
- Tangible fixed assets -€52,139
down €52,139 (-6.3%), from €823,359 to €771,220
of which Land and buildings: -€32,232
- Receivables within one year -€17,136
down €17,136 (-35.6%), from €48,143 to €31,007
of which Trade receivables: -€16,419
- Debts after one year -€32,851
down €32,851 (-5.9%), from €559,529 to €526,678
- Profit (loss) carried forward -€29,024
down €29,024 (-10.7%), from €270,027 to €241,003
- Gross operating margin -€41,022
down €41,022 (-56.1%), from €73,125 to €32,103
- Other operating charges +€7,065
up €7,065 (+149%), from €4,744 to €11,809
- Taxes -€4,513
down €4,513, from €4,198 to -€315
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 | €927,989 | €861,218 | -€66,771 | -7.2% |
| Fixed assets | 21/28 | €823,359 | €771,220 | -€52,139 | -6.3% |
| Tangible fixed assets | 22/27 | €823,359 | €771,220 | -€52,139 | -6.3% |
| Land and buildings | 22 | €768,829 | €736,597 | -€32,232 | -4.2% |
| Plant, machinery and equipment | 23 | €52,438 | €33,905 | -€18,533 | -35.3% |
| Furniture and vehicles | 24 | €2,092 | €718 | -€1,374 | -65.7% |
| Current assets | 29/58 | €104,630 | €89,998 | -€14,632 | -14.0% |
| Amounts receivable within one year | 40/41 | €48,143 | €31,007 | -€17,136 | -35.6% |
| Trade receivables | 40 | €21,419 | €5,000 | -€16,419 | -76.7% |
| Other amounts receivable | 41 | €26,724 | €26,007 | -€717 | -2.7% |
| Current investments | 50/53 | €2,104 | €2,645 | +€541 | +25.7% |
| Cash at bank and in hand | 54/58 | €54,383 | €56,346 | +€1,963 | +3.6% |
| Total equity and liabilities | 10/49 | €927,989 | €861,218 | -€66,771 | -7.2% |
| Equity | 10/15 | €312,747 | €283,723 | -€29,024 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,120 | €24,120 | = | 0.0% |
| Distributable reserves | 133 | €24,120 | €24,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,027 | €241,003 | -€29,024 | -10.7% |
| Amounts payable | 17/49 | €615,242 | €577,495 | -€37,747 | -6.1% |
| Amounts payable after more than one year | 17 | €559,529 | €526,678 | -€32,851 | -5.9% |
| Financial debts | 170/4 | €559,529 | €526,678 | -€32,851 | -5.9% |
| Amounts payable within one year | 42/48 | €52,959 | €48,403 | -€4,556 | -8.6% |
| Financial debts | 43 | €36,460 | €36,851 | +€391 | +1.1% |
| Credit institutions | 430/8 | €32,460 | €32,851 | +€391 | +1.2% |
| Other loans | 439 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €3,493 | €3,924 | +€431 | +12.3% |
| Suppliers | 440/4 | €3,493 | €3,924 | +€431 | +12.3% |
| Taxes, remuneration and social security | 45 | €5,287 | €410 | -€4,877 | -92.2% |
| Taxes | 450/3 | €2,987 | €410 | -€2,577 | -86.3% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €7,719 | €7,218 | -€501 | -6.5% |
| Accrued charges and deferred income | 492/3 | €2,754 | €2,414 | -€340 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,788 | €39,854 | +€66 | +0.2% |
| Other operating charges | 640/8 | €4,744 | €11,809 | +€7,065 | +149% |
| Gross operating margin | 9900 | €73,125 | €32,103 | -€41,022 | -56.1% |
| Operating profit (loss) | 9901 | €28,593 | -€19,560 | -€48,153 | |
| Financial income | 75/76B | €53 | €590 | +€537 | +1,013% |
| Recurring financial income | 75 | €53 | €590 | +€537 | +1,013% |
| Financial charges | 65/66B | €10,542 | €10,369 | -€173 | -1.6% |
| Recurring financial charges | 65 | €10,542 | €10,369 | -€173 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €18,104 | -€29,339 | -€47,443 | |
| Income taxes | 67/77 | €4,198 | -€315 | -€4,513 | |
| Profit (loss) for the period | 9904 | €13,906 | -€29,024 | -€42,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,906 | -€29,024 | -€42,930 |
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 30 October 2026 via checked.be.