WFI PHOENIX: what changed
What changed
WFI PHOENIX
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€20,854
2024 · -€133,123+€153,978
Equity
€51,660
2024 · €30,805+€20,854
Cash
€198,134
2024 · €106,686+€91,448
Balance sheet total
€2.5m
2024 · €1.7m+€773,798
Largest movements
Assets
- Receivables within one year +€206,171
up €206,171 (+24.4%), from €843,417 to €1.0m
of which Trade receivables: +€223,463
- Stocks and contracts +€185,645
up €185,645 (+88.8%), from €209,159 to €394,804
- Formation expenses +€147,749
new in 2025: €147,749
- Cash +€91,448
up €91,448 (+85.7%), from €106,686 to €198,134
mainly Tax, wage and social debts (+€783,129) and Depreciation (+€123,552)
- Financial fixed assets +€73,635
new in 2025: €73,635
Equity and liabilities
- Tax, wage and social debts +€783,129
up €783,129 (+3,187%), from €24,572 to €807,701
of which Remuneration and social security: +€522,878
- Short-term financial debts -€107,900
down €107,900 (-21.7%), from €496,746 to €388,845
- Trade debts +€80,051
up €80,051 (+46.9%), from €170,850 to €250,901
Income statement
- Staff costs -€136,076
down €136,076 (-5.0%), from €2.7m to €2.6m
- Gross operating margin +€83,357
up €83,357 (+3.0%), from €2.8m to €2.9m
- Taxes +€32,253
up €32,253 (+134%), from €24,047 to €56,300
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€133,123
Gross operating margin
+€83,357
Staff costs
+€136,076
Depreciation
-€27,936
Other operating charges
-€5,871
Financial income
-€55
Financial charges
+€659
Taxes
-€32,253
Result 2025
€20,854
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€601,881
Investment
-€393,460
Financing
-€116,972
Cash 2024
€106,686
From operations (derived)
+€601,881
Net result for the year
+€20,854
Depreciation
+€123,552
Stocks and contracts
-€185,645
Receivables within one year
-€206,171
Deferred charges and accrued income
-€20,625
Trade debts
+€80,051
Tax, wage and social debts
+€783,129
Accrued charges and deferred income
+€6,736
Investment (derived)
-€393,460
Investment in fixed assets (net)
-€393,460
Financing
-€116,972
Debts after one year
-€12,539
Current portion of long-term debt
+€3,467
Short-term financial debts
-€107,900
Cash 2025
€198,134
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,740,534 | €2,514,332 | +€773,798 | +44.5% |
| Formation expenses | 20 | - | €147,749 | +€147,749 | |
| Fixed assets | 21/28 | €531,168 | €653,327 | +€122,159 | +23.0% |
| Intangible fixed assets | 21 | €401,857 | €384,495 | -€17,363 | -4.3% |
| Tangible fixed assets | 22/27 | €129,310 | €195,197 | +€65,887 | +51.0% |
| Land and buildings | 22 | - | €25,627 | +€25,627 | |
| Plant, machinery and equipment | 23 | €120,011 | €67,374 | -€52,637 | -43.9% |
| Furniture and vehicles | 24 | €9,299 | €4,894 | -€4,405 | -47.4% |
| Other tangible fixed assets | 26 | - | €97,303 | +€97,303 | |
| Financial fixed assets | 28 | - | €73,635 | +€73,635 | |
| Current assets | 29/58 | €1,209,366 | €1,713,256 | +€503,890 | +41.7% |
| Stocks and contracts in progress | 3 | €209,159 | €394,804 | +€185,645 | +88.8% |
| Contracts in progress | 37 | €209,159 | €394,804 | +€185,645 | +88.8% |
| Amounts receivable within one year | 40/41 | €843,417 | €1,049,587 | +€206,171 | +24.4% |
| Trade receivables | 40 | €580,709 | €804,172 | +€223,463 | +38.5% |
| Other amounts receivable | 41 | €262,708 | €245,416 | -€17,292 | -6.6% |
| Cash at bank and in hand | 54/58 | €106,686 | €198,134 | +€91,448 | +85.7% |
| Deferred charges and accrued income | 490/1 | €50,105 | €70,730 | +€20,625 | +41.2% |
| Total equity and liabilities | 10/49 | €1,740,534 | €2,514,332 | +€773,798 | +44.5% |
| Equity | 10/15 | €30,805 | €51,660 | +€20,854 | +67.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,195 | -€48,341 | +€20,854 | +30.1% |
| Amounts payable | 17/49 | €1,709,729 | €2,462,673 | +€752,944 | +44.0% |
| Amounts payable after more than one year | 17 | €799,876 | €787,337 | -€12,539 | -1.6% |
| Financial debts | 170/4 | €799,876 | €787,337 | -€12,539 | -1.6% |
| Amounts payable within one year | 42/48 | €909,853 | €1,668,600 | +€758,747 | +83.4% |
| Current portion of amounts payable after more than one year | 42 | €217,685 | €221,152 | +€3,467 | +1.6% |
| Financial debts | 43 | €496,746 | €388,845 | -€107,900 | -21.7% |
| Credit institutions | 430/8 | €496,746 | €388,845 | -€107,900 | -21.7% |
| Trade debts | 44 | €170,850 | €250,901 | +€80,051 | +46.9% |
| Suppliers | 440/4 | €170,850 | €250,901 | +€80,051 | +46.9% |
| Taxes, remuneration and social security | 45 | €24,572 | €807,701 | +€783,129 | +3,187% |
| Taxes | 450/3 | €24,572 | €284,823 | +€260,251 | +1,059% |
| Remuneration and social security | 454/9 | €0 | €522,878 | +€522,878 | |
| Accrued charges and deferred income | 492/3 | - | €6,736 | +€6,736 | |
| Remuneration, social security and pensions | 62 | €2,734,127 | €2,598,051 | -€136,076 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,616 | €123,552 | +€27,936 | +29.2% |
| Other operating charges | 640/8 | €11,940 | €17,810 | +€5,871 | +49.2% |
| Gross operating margin | 9900 | €2,816,079 | €2,899,436 | +€83,357 | +3.0% |
| Operating profit (loss) | 9901 | -€25,604 | €160,022 | +€185,626 | |
| Financial income | 75/76B | €112 | €57 | -€55 | -49.2% |
| Recurring financial income | 75 | €112 | €57 | -€55 | -49.2% |
| Financial charges | 65/66B | €83,585 | €82,925 | -€659 | -0.8% |
| Recurring financial charges | 65 | €73,271 | €82,925 | +€9,655 | +13.2% |
| Non-recurring financial charges | 66B | €10,314 | €0 | -€10,314 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€109,077 | €77,154 | +€186,230 | |
| Income taxes | 67/77 | €24,047 | €56,300 | +€32,253 | +134% |
| Profit (loss) for the period | 9904 | -€133,123 | €20,854 | +€153,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€133,123 | €20,854 | +€153,978 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.