WILFRA: 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.
WILFRA
Largest movements
- Receivables within one year -€268,691
down €268,691 (-99.6%), from €269,810 to €1,119
of which Other amounts receivable: -€230,343
- Tangible fixed assets -€10,529
down €10,529 (-6.1%), from €173,990 to €163,461
- Deferred charges and accrued income +€9,455
new in 2025: €9,455
- Short-term financial debts -€230,000
no longer reported in 2025 (was €230,000)
- Debts after one year -€58,004
no longer reported in 2025 (was €58,004)
- Accrued charges and deferred income +€36,597
new in 2025: €36,597
- Profit (loss) carried forward -€27,476
new in 2025: -€27,476
- Other debts +€25,684
new in 2025: €25,684
- Staff costs -€82,634
down €82,634 (-99.6%), from €82,973 to €339
- Gross operating margin -€72,862
down €72,862 (-74.8%), from €97,388 to €24,526
- Financial charges +€34,879
up €34,879 (+3,255%), from €1,072 to €35,950
- Depreciation -€18,239
down €18,239 (-63.4%), from €28,768 to €10,529
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 | €446,797 | €180,253 | -€266,544 | -59.7% |
| Fixed assets | 21/28 | €173,990 | €163,461 | -€10,529 | -6.1% |
| Tangible fixed assets | 22/27 | €173,990 | €163,461 | -€10,529 | -6.1% |
| Land and buildings | 22 | €173,990 | €163,461 | -€10,529 | -6.1% |
| Current assets | 29/58 | €272,807 | €16,792 | -€256,015 | -93.8% |
| Amounts receivable within one year | 40/41 | €269,810 | €1,119 | -€268,691 | -99.6% |
| Trade receivables | 40 | €38,348 | - | -€38,348 | |
| Other amounts receivable | 41 | €231,462 | €1,119 | -€230,343 | -99.5% |
| Current investments | 50/53 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €2,988 | €6,218 | +€3,230 | +108% |
| Deferred charges and accrued income | 490/1 | - | €9,455 | +€9,455 | |
| Total equity and liabilities | 10/49 | €446,797 | €180,253 | -€266,544 | -59.7% |
| Equity | 10/15 | €145,449 | €117,972 | -€27,476 | -18.9% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €71,081 | €71,081 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €63,644 | €63,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,476 | -€27,476 | |
| Amounts payable | 17/49 | €301,348 | €62,281 | -€239,067 | -79.3% |
| Amounts payable after more than one year | 17 | €58,004 | - | -€58,004 | |
| Financial debts | 170/4 | €58,004 | - | -€58,004 | |
| Amounts payable within one year | 42/48 | €243,345 | €25,684 | -€217,661 | -89.4% |
| Financial debts | 43 | €230,000 | - | -€230,000 | |
| Credit institutions | 430/8 | €230,000 | - | -€230,000 | |
| Trade debts | 44 | €5,983 | - | -€5,983 | |
| Suppliers | 440/4 | €5,983 | - | -€5,983 | |
| Taxes, remuneration and social security | 45 | €7,362 | - | -€7,362 | |
| Taxes | 450/3 | €2,541 | - | -€2,541 | |
| Remuneration and social security | 454/9 | €4,820 | - | -€4,820 | |
| Other amounts payable | 47/48 | - | €25,684 | +€25,684 | |
| Accrued charges and deferred income | 492/3 | - | €36,597 | +€36,597 | |
| Remuneration, social security and pensions | 62 | €82,973 | €339 | -€82,634 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,768 | €10,529 | -€18,239 | -63.4% |
| Other operating charges | 640/8 | €6,058 | €5,184 | -€874 | -14.4% |
| Gross operating margin | 9900 | €97,388 | €24,526 | -€72,862 | -74.8% |
| Operating profit (loss) | 9901 | -€20,411 | €8,474 | +€28,885 | |
| Financial charges | 65/66B | €1,072 | €35,950 | +€34,879 | +3,255% |
| Recurring financial charges | 65 | €1,072 | €35,950 | +€34,879 | +3,255% |
| Profit (loss) for the period before taxes | 9903 | -€21,483 | -€27,476 | -€5,994 | -27.9% |
| Profit (loss) for the period | 9904 | -€21,483 | -€27,476 | -€5,994 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,483 | -€27,476 | -€5,994 | -27.9% |
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.