WFM: what changed
Two fiscal 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.
WFM
Largest movements
- Cash +€54,194
up €54,194 (+1075.4%), from €5,039 to €59,233
mainly Depreciation (+€58,016) and Receivables within one year (+€47,621)
- Receivables within one year -€47,621
down €47,621 (-44.3%), from €107,473 to €59,853
of which Other amounts receivable: -€35,000
- Tangible fixed assets +€14,041
up €14,041 (+2.1%), from €656,837 to €670,878
of which Other tangible fixed assets: +€31,533
- Reserves +€37,884
up €37,884 (+13.9%), from €273,225 to €311,109
of which Distributable reserves: +€37,884
- Debts after one year -€30,818
down €30,818 (-8.9%), from €347,540 to €316,723
- Other debts +€22,183
up €22,183 (+27.5%), from €80,786 to €102,970
- Trade debts -€12,340
down €12,340 (-60.6%), from €20,357 to €8,017
- Gross operating margin +€78,308
up €78,308 (+132.1%), from €59,283 to €137,592
- Taxes +€14,000
new in 2024: €14,000
- Depreciation +€13,392
up €13,392 (+30.0%), from €44,624 to €58,016
- Other operating charges +€6,801
up €6,801 (+44.2%), from €15,375 to €22,176
- Financial charges -€3,553
down €3,553 (-38.3%), from €9,268 to €5,715
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €769,349 | €789,964 | +€20,615 | +2.7% |
| Fixed assets | 21/28 | €656,837 | €670,878 | +€14,041 | +2.1% |
| Tangible fixed assets | 22/27 | €656,837 | €670,878 | +€14,041 | +2.1% |
| Plant, machinery and equipment | 23 | €44,159 | €39,735 | -€4,423 | -10.0% |
| Furniture and vehicles | 24 | €62,177 | €49,108 | -€13,069 | -21.0% |
| Other tangible fixed assets | 26 | €550,502 | €582,035 | +€31,533 | +5.7% |
| Current assets | 29/58 | €112,513 | €119,086 | +€6,573 | +5.8% |
| Amounts receivable within one year | 40/41 | €107,473 | €59,853 | -€47,621 | -44.3% |
| Trade receivables | 40 | €21,330 | €8,710 | -€12,621 | -59.2% |
| Other amounts receivable | 41 | €86,143 | €51,143 | -€35,000 | -40.6% |
| Cash at bank and in hand | 54/58 | €5,039 | €59,233 | +€54,194 | +1075.4% |
| Total equity and liabilities | 10/49 | €769,349 | €789,964 | +€20,615 | +2.7% |
| Equity | 10/15 | €273,225 | €311,109 | +€37,884 | +13.9% |
| Reserves | 13 | €273,225 | €311,109 | +€37,884 | +13.9% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €268,225 | €306,109 | +€37,884 | +14.1% |
| Amounts payable | 17/49 | €496,124 | €478,855 | -€17,269 | -3.5% |
| Amounts payable after more than one year | 17 | €347,540 | €316,723 | -€30,818 | -8.9% |
| Financial debts | 170/4 | €347,540 | €316,723 | -€30,818 | -8.9% |
| Amounts payable within one year | 42/48 | €148,584 | €162,132 | +€13,548 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €29,224 | €30,818 | +€1,594 | +5.5% |
| Trade debts | 44 | €20,357 | €8,017 | -€12,340 | -60.6% |
| Suppliers | 440/4 | €20,357 | €8,017 | -€12,340 | -60.6% |
| Taxes, remuneration and social security | 45 | €18,216 | €20,328 | +€2,111 | +11.6% |
| Taxes | 450/3 | €18,216 | €15,671 | -€2,546 | -14.0% |
| Remuneration and social security | 454/9 | - | €4,657 | +€4,657 | |
| Other amounts payable | 47/48 | €80,786 | €102,970 | +€22,183 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,624 | €58,016 | +€13,392 | +30.0% |
| Other operating charges | 640/8 | €15,375 | €22,176 | +€6,801 | +44.2% |
| Gross operating margin | 9900 | €59,283 | €137,592 | +€78,308 | +132.1% |
| Operating profit (loss) | 9901 | -€716 | €57,399 | +€58,115 | |
| Financial income | 75/76B | €5 | €200 | +€195 | +4217.1% |
| Recurring financial income | 75 | €5 | €200 | +€195 | +4217.1% |
| Financial charges | 65/66B | €9,268 | €5,715 | -€3,553 | -38.3% |
| Recurring financial charges | 65 | €9,268 | €5,715 | -€3,553 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,980 | €51,884 | +€61,864 | |
| Income taxes | 67/77 | - | €14,000 | +€14,000 | |
| Profit (loss) for the period | 9904 | -€9,980 | €37,884 | +€47,864 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,980 | €37,884 | +€47,864 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.