WIJFFELS HEIDI: 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.
WIJFFELS HEIDI
Largest movements
- Tangible fixed assets +€122,869
up €122,869 (+81.9%), from €150,088 to €272,957
of which Other tangible fixed assets: +€114,982
- Receivables within one year +€71,192
up €71,192 (+82.9%), from €85,914 to €157,107
of which Trade receivables: +€58,838
- Stocks and contracts +€15,049
up €15,049 (+27.8%), from €54,050 to €69,099
- Intangible fixed assets -€5,912
down €5,912 (-24.5%), from €24,095 to €18,183
- Debts after one year +€150,594
up €150,594 (+427%), from €35,251 to €185,845
- Reserves +€22,544
up €22,544 (+27.5%), from €81,865 to €104,409
- Trade debts +€16,920
up €16,920 (+18.1%), from €93,664 to €110,584
- Short-term financial debts +€12,124
up €12,124 (+48.5%), from €25,000 to €37,124
- Current portion of long-term debt -€9,811
down €9,811 (-25.9%), from €37,857 to €28,046
- Staff costs +€98,575
up €98,575 (+32.4%), from €303,904 to €402,480
- Gross operating margin +€64,386
up €64,386 (+14.2%), from €454,414 to €518,800
- Taxes -€13,430
down €13,430 (-65.5%), from €20,501 to €7,071
- Depreciation -€5,701
down €5,701 (-8.0%), from €71,229 to €65,527
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 | €347,625 | €544,074 | +€196,449 | +56.5% |
| Fixed assets | 21/28 | €174,984 | €291,941 | +€116,957 | +66.8% |
| Intangible fixed assets | 21 | €24,095 | €18,183 | -€5,912 | -24.5% |
| Tangible fixed assets | 22/27 | €150,088 | €272,957 | +€122,869 | +81.9% |
| Land and buildings | 22 | €6,638 | €5,602 | -€1,036 | -15.6% |
| Plant, machinery and equipment | 23 | €77,705 | €87,692 | +€9,987 | +12.9% |
| Furniture and vehicles | 24 | €20,978 | €28,600 | +€7,622 | +36.3% |
| Leasing and similar rights | 25 | €8,686 | - | -€8,686 | |
| Other tangible fixed assets | 26 | €36,082 | €151,063 | +€114,982 | +319% |
| Financial fixed assets | 28 | €801 | €801 | = | 0.0% |
| Current assets | 29/58 | €172,641 | €252,133 | +€79,492 | +46.0% |
| Stocks and contracts in progress | 3 | €54,050 | €69,099 | +€15,049 | +27.8% |
| Stocks | 30/36 | €54,050 | €69,099 | +€15,049 | +27.8% |
| Amounts receivable within one year | 40/41 | €85,914 | €157,107 | +€71,192 | +82.9% |
| Trade receivables | 40 | €2,451 | €61,289 | +€58,838 | +2,400% |
| Other amounts receivable | 41 | €83,463 | €95,818 | +€12,355 | +14.8% |
| Cash at bank and in hand | 54/58 | €29,881 | €25,928 | -€3,954 | -13.2% |
| Deferred charges and accrued income | 490/1 | €2,795 | - | -€2,795 | |
| Total equity and liabilities | 10/49 | €347,625 | €544,074 | +€196,449 | +56.5% |
| Equity | 10/15 | €95,065 | €117,609 | +€22,544 | +23.7% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €81,865 | €104,409 | +€22,544 | +27.5% |
| Distributable reserves | 133 | €81,865 | €104,409 | +€22,544 | +27.5% |
| Amounts payable | 17/49 | €252,560 | €426,465 | +€173,905 | +68.9% |
| Amounts payable after more than one year | 17 | €35,251 | €185,845 | +€150,594 | +427% |
| Financial debts | 170/4 | €35,251 | €185,845 | +€150,594 | +427% |
| Amounts payable within one year | 42/48 | €217,308 | €240,620 | +€23,312 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €37,857 | €28,046 | -€9,811 | -25.9% |
| Financial debts | 43 | €25,000 | €37,124 | +€12,124 | +48.5% |
| Credit institutions | 430/8 | €25,000 | €37,124 | +€12,124 | +48.5% |
| Trade debts | 44 | €93,664 | €110,584 | +€16,920 | +18.1% |
| Suppliers | 440/4 | €93,664 | €110,584 | +€16,920 | +18.1% |
| Taxes, remuneration and social security | 45 | €56,304 | €64,866 | +€8,563 | +15.2% |
| Taxes | 450/3 | €28,504 | €22,383 | -€6,121 | -21.5% |
| Remuneration and social security | 454/9 | €27,800 | €42,483 | +€14,684 | +52.8% |
| Other amounts payable | 47/48 | €4,484 | - | -€4,484 | |
| Remuneration, social security and pensions | 62 | €303,904 | €402,480 | +€98,575 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,229 | €65,527 | -€5,701 | -8.0% |
| Other operating charges | 640/8 | €5,952 | €2,835 | -€3,117 | -52.4% |
| Gross operating margin | 9900 | €454,414 | €518,800 | +€64,386 | +14.2% |
| Operating profit (loss) | 9901 | €73,328 | €47,958 | -€25,371 | -34.6% |
| Financial income | 75/76B | €393 | - | -€393 | |
| Recurring financial income | 75 | €393 | - | -€393 | |
| Financial charges | 65/66B | €21,285 | €18,344 | -€2,941 | -13.8% |
| Recurring financial charges | 65 | €11,115 | €18,344 | +€7,229 | +65.0% |
| Non-recurring financial charges | 66B | €10,170 | - | -€10,170 | |
| Profit (loss) for the period before taxes | 9903 | €52,436 | €29,614 | -€22,822 | -43.5% |
| Income taxes | 67/77 | €20,501 | €7,071 | -€13,430 | -65.5% |
| Profit (loss) for the period | 9904 | €31,936 | €22,544 | -€9,392 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,936 | €22,544 | -€9,392 | -29.4% |
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 22 October 2026 via checked.be.