WFM: 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.
WFM
Largest movements
- Receivables within one year -€125,562
down €125,562 (-84.3%), from €148,940 to €23,378
of which Other amounts receivable: -€92,192
- Current investments +€66,789
up €66,789 (+17.8%), from €374,721 to €441,510
- Cash +€22,213
up €22,213 (+35.5%), from €62,494 to €84,707
mainly Net result for the year (+€158,243) and Receivables within one year (+€125,562)
- Other debts -€171,116
down €171,116 (-96.4%), from €177,415 to €6,299
- Reserves +€114,000
up €114,000 (+25.8%), from €441,360 to €555,360
of which Distributable reserves: +€114,000
- Profit (loss) carried forward +€44,243
up €44,243, from -€44,094 to €149
- Tax, wage and social debts -€22,271
down €22,271 (-50.8%), from €43,845 to €21,574
of which Taxes: -€23,684
- Financial charges -€109,065
down €109,065 (-93.9%), from €116,175 to €7,109
- Gross operating margin +€60,669
up €60,669 (+29.2%), from €207,701 to €268,370
- Taxes +€4,255
up €4,255 (+6.6%), from €64,787 to €69,042
- Financial income -€3,017
down €3,017 (-13.4%), from €22,468 to €19,451
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 | €644,003 | €605,938 | -€38,064 | -5.9% |
| Fixed assets | 21/28 | €56,283 | €50,555 | -€5,728 | -10.2% |
| Tangible fixed assets | 22/27 | €32,311 | €26,583 | -€5,728 | -17.7% |
| Plant, machinery and equipment | 23 | €1,032 | €824 | -€208 | -20.2% |
| Furniture and vehicles | 24 | €24,294 | €19,449 | -€4,846 | -19.9% |
| Other tangible fixed assets | 26 | €6,984 | €6,310 | -€674 | -9.7% |
| Financial fixed assets | 28 | €23,972 | €23,972 | = | 0.0% |
| Current assets | 29/58 | €587,720 | €555,383 | -€32,337 | -5.5% |
| Amounts receivable within one year | 40/41 | €148,940 | €23,378 | -€125,562 | -84.3% |
| Trade receivables | 40 | €49,310 | €15,940 | -€33,369 | -67.7% |
| Other amounts receivable | 41 | €99,630 | €7,438 | -€92,192 | -92.5% |
| Current investments | 50/53 | €374,721 | €441,510 | +€66,789 | +17.8% |
| Cash at bank and in hand | 54/58 | €62,494 | €84,707 | +€22,213 | +35.5% |
| Deferred charges and accrued income | 490/1 | €1,565 | €5,788 | +€4,223 | +270% |
| Total equity and liabilities | 10/49 | €644,003 | €605,938 | -€38,064 | -5.9% |
| Equity | 10/15 | €409,666 | €567,909 | +€158,243 | +38.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €441,360 | €555,360 | +€114,000 | +25.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €441,360 | €555,360 | +€114,000 | +25.8% |
| Profit (loss) carried forward | 14 | -€44,094 | €149 | +€44,243 | |
| Amounts payable | 17/49 | €234,337 | €38,029 | -€196,307 | -83.8% |
| Amounts payable within one year | 42/48 | €234,337 | €37,542 | -€196,794 | -84.0% |
| Trade debts | 44 | €13,077 | €9,669 | -€3,408 | -26.1% |
| Suppliers | 440/4 | €13,077 | €9,669 | -€3,408 | -26.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €43,845 | €21,574 | -€22,271 | -50.8% |
| Taxes | 450/3 | €35,963 | €12,279 | -€23,684 | -65.9% |
| Remuneration and social security | 454/9 | €7,882 | €9,295 | +€1,413 | +17.9% |
| Other amounts payable | 47/48 | €177,415 | €6,299 | -€171,116 | -96.4% |
| Accrued charges and deferred income | 492/3 | €0 | €487 | +€487 | |
| Remuneration, social security and pensions | 62 | €41,783 | €43,074 | +€1,291 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,109 | €9,094 | +€986 | +12.2% |
| Other operating charges | 640/8 | €1,069 | €1,258 | +€190 | +17.7% |
| Gross operating margin | 9900 | €207,701 | €268,370 | +€60,669 | +29.2% |
| Operating profit (loss) | 9901 | €156,740 | €214,943 | +€58,203 | +37.1% |
| Financial income | 75/76B | €22,468 | €19,451 | -€3,017 | -13.4% |
| Recurring financial income | 75 | €22,468 | €19,451 | -€3,017 | -13.4% |
| Financial charges | 65/66B | €116,175 | €7,109 | -€109,065 | -93.9% |
| Recurring financial charges | 65 | €116,175 | €7,109 | -€109,065 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | €63,033 | €227,285 | +€164,252 | +261% |
| Income taxes | 67/77 | €64,787 | €69,042 | +€4,255 | +6.6% |
| Profit (loss) for the period | 9904 | -€1,754 | €158,243 | +€159,997 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,754 | €158,243 | +€159,997 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.