WiFinCo: 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.
WiFinCo
Largest movements
- Current investments +€35,000
up €35,000 (+41.2%), from €85,000 to €120,000
- Tangible fixed assets -€22,404
down €22,404 (-25.4%), from €88,159 to €65,755
of which Furniture and vehicles: -€19,944
- Receivables within one year -€9,008
down €9,008 (-21.7%), from €41,442 to €32,434
of which Other amounts receivable: -€9,639
- Cash +€6,179
up €6,179 (+351%), from €1,760 to €7,939
mainly Net result for the year (+€49,410) and Depreciation (+€22,404)
- Reserves +€49,410
up €49,410 (+45.3%), from €108,998 to €158,408
- Other debts -€36,364
down €36,364 (-100%), from €36,364 to €0
- Debts after one year -€9,955
down €9,955 (-31.2%), from €31,927 to €21,971
- Trade debts +€4,271
up €4,271 (+120%), from €3,556 to €7,827
- Gross operating margin -€37,935
down €37,935 (-28.8%), from €131,745 to €93,809
- Taxes -€8,883
down €8,883 (-31.2%), from €28,433 to €19,550
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 | €219,712 | €228,711 | +€8,999 | +4.1% |
| Fixed assets | 21/28 | €88,309 | €65,905 | -€22,404 | -25.4% |
| Tangible fixed assets | 22/27 | €88,159 | €65,755 | -€22,404 | -25.4% |
| Furniture and vehicles | 24 | €80,322 | €60,378 | -€19,944 | -24.8% |
| Other tangible fixed assets | 26 | €7,838 | €5,377 | -€2,461 | -31.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €131,402 | €162,806 | +€31,404 | +23.9% |
| Amounts receivable within one year | 40/41 | €41,442 | €32,434 | -€9,008 | -21.7% |
| Trade receivables | 40 | €17,442 | €18,073 | +€631 | +3.6% |
| Other amounts receivable | 41 | €24,000 | €14,361 | -€9,639 | -40.2% |
| Current investments | 50/53 | €85,000 | €120,000 | +€35,000 | +41.2% |
| Cash at bank and in hand | 54/58 | €1,760 | €7,939 | +€6,179 | +351% |
| Deferred charges and accrued income | 490/1 | €3,200 | €2,433 | -€767 | -24.0% |
| Total equity and liabilities | 10/49 | €219,712 | €228,711 | +€8,999 | +4.1% |
| Equity | 10/15 | €123,998 | €173,408 | +€49,410 | +39.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €108,998 | €158,408 | +€49,410 | +45.3% |
| Distributable reserves | 133 | €108,998 | €158,408 | +€49,410 | +45.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,714 | €55,303 | -€40,411 | -42.2% |
| Amounts payable after more than one year | 17 | €31,927 | €21,971 | -€9,955 | -31.2% |
| Financial debts | 170/4 | €31,927 | €21,971 | -€9,955 | -31.2% |
| Amounts payable within one year | 42/48 | €63,787 | €33,331 | -€30,456 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €9,591 | €9,955 | +€364 | +3.8% |
| Trade debts | 44 | €3,556 | €7,827 | +€4,271 | +120% |
| Suppliers | 440/4 | €3,556 | €7,827 | +€4,271 | +120% |
| Taxes, remuneration and social security | 45 | €14,276 | €15,549 | +€1,272 | +8.9% |
| Taxes | 450/3 | €14,276 | €15,549 | +€1,272 | +8.9% |
| Other amounts payable | 47/48 | €36,364 | €0 | -€36,364 | -100% |
| Non-recurring operating income | 76A | €17,761 | €0 | -€17,761 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,858 | €22,404 | +€546 | +2.5% |
| Other operating charges | 640/8 | €1,074 | €1,339 | +€265 | +24.7% |
| Gross operating margin | 9900 | €131,745 | €93,809 | -€37,935 | -28.8% |
| Operating profit (loss) | 9901 | €108,813 | €70,066 | -€38,747 | -35.6% |
| Financial income | 75/76B | €242 | €385 | +€143 | +59.3% |
| Recurring financial income | 75 | €242 | €385 | +€143 | +59.3% |
| Financial charges | 65/66B | €2,004 | €1,491 | -€513 | -25.6% |
| Recurring financial charges | 65 | €2,004 | €1,491 | -€513 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €107,051 | €68,960 | -€38,090 | -35.6% |
| Income taxes | 67/77 | €28,433 | €19,550 | -€8,883 | -31.2% |
| Profit (loss) for the period | 9904 | €78,618 | €49,410 | -€29,207 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,618 | €49,410 | -€29,207 | -37.2% |
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 21 October 2026 via checked.be.