WILFRA K.M.D.: 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.
What changed
WILFRA K.M.D.
NACE 10.712, Artisanal bread and fresh pastry making
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€58
2022 · €482-€424
Equity
€449,730
2022 · €449,672+€58
Cash
€1,551
2022 · €1,337+€213
Balance sheet total
€523,125
2022 · €491,055+€32,070
Largest movements
Assets
- Receivables after one year +€43,014
up €43,014 (+9.5%), from €453,526 to €496,540
- Receivables within one year -€7,816
down €7,816 (-76.4%), from €10,226 to €2,410
Equity and liabilities
- Trade debts +€19,864
up €19,864 (+76.9%), from €25,832 to €45,696
- Tax, wage and social debts +€15,955
up €15,955 (+178%), from €8,984 to €24,939
of which Remuneration and social security: +€13,177
Income statement
- Gross operating margin +€13,776
up €13,776 (+14.4%), from €95,732 to €109,508
- Staff costs +€12,731
up €12,731 (+15.9%), from €80,019 to €92,750
From the 2022 result to the 2023 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.
Result 2022
€482
Gross operating margin
+€13,776
Staff costs
-€12,731
Depreciation
-€575
Other operating charges
+€65
Financial income
+€27
Financial charges
-€430
Taxes
-€556
Result 2023
€58
raises the resultlowers the result
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€5,508
Investment
-€1,488
Financing
-€3,807
Cash 2022
€1,337
From operations (derived)
+€5,508
Net result for the year
+€58
Depreciation
+€4,938
Receivables after one year
-€43,014
Stocks and contracts
-€110
Receivables within one year
+€7,816
Trade debts
+€19,864
Tax, wage and social debts
+€15,955
Investment (derived)
-€1,488
Investment in fixed assets (net)
-€1,488
Financing
-€3,807
Short-term financial debts
-€3,807
Cash 2023
€1,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,055 | €523,125 | +€32,070 | +6.5% |
| Fixed assets | 21/28 | €25,015 | €21,564 | -€3,451 | -13.8% |
| Tangible fixed assets | 22/27 | €25,015 | €21,564 | -€3,451 | -13.8% |
| Land and buildings | 22 | €17,581 | €16,605 | -€977 | -5.6% |
| Plant, machinery and equipment | 23 | €5,182 | €4,562 | -€620 | -12.0% |
| Furniture and vehicles | 24 | €2,252 | €398 | -€1,854 | -82.3% |
| Current assets | 29/58 | €466,040 | €501,560 | +€35,520 | +7.6% |
| Amounts receivable after more than one year | 29 | €453,526 | €496,540 | +€43,014 | +9.5% |
| Other amounts receivable | 291 | €453,526 | €496,540 | +€43,014 | +9.5% |
| Stocks and contracts in progress | 3 | €950 | €1,060 | +€110 | +11.6% |
| Stocks | 30/36 | €950 | €1,060 | +€110 | +11.6% |
| Amounts receivable within one year | 40/41 | €10,226 | €2,410 | -€7,816 | -76.4% |
| Trade receivables | 40 | €10,226 | €2,410 | -€7,816 | -76.4% |
| Cash at bank and in hand | 54/58 | €1,337 | €1,551 | +€213 | +15.9% |
| Total equity and liabilities | 10/49 | €491,055 | €523,125 | +€32,070 | +6.5% |
| Equity | 10/15 | €449,672 | €449,730 | +€58 | 0.0% |
| Contributions | 10/11 | €73,129 | €73,129 | = | 0.0% |
| Capital | 10 | €73,129 | €73,129 | = | 0.0% |
| Issued capital | 100 | €73,129 | €73,129 | = | 0.0% |
| Reserves | 13 | €376,544 | €376,602 | +€58 | 0.0% |
| Non-distributable reserves | 130/1 | €7,313 | €7,313 | = | 0.0% |
| Legal reserve | 130 | €7,313 | €7,313 | = | 0.0% |
| Distributable reserves | 133 | €369,231 | €369,289 | +€58 | 0.0% |
| Amounts payable | 17/49 | €41,383 | €73,394 | +€32,012 | +77.4% |
| Amounts payable within one year | 42/48 | €41,383 | €73,394 | +€32,012 | +77.4% |
| Financial debts | 43 | €6,567 | €2,760 | -€3,807 | -58.0% |
| Credit institutions | 430/8 | €6,567 | €2,760 | -€3,807 | -58.0% |
| Trade debts | 44 | €25,832 | €45,696 | +€19,864 | +76.9% |
| Suppliers | 440/4 | €25,832 | €45,696 | +€19,864 | +76.9% |
| Taxes, remuneration and social security | 45 | €8,984 | €24,939 | +€15,955 | +178% |
| Taxes | 450/3 | €1,676 | €4,454 | +€2,778 | +166% |
| Remuneration and social security | 454/9 | €7,308 | €20,485 | +€13,177 | +180% |
| Remuneration, social security and pensions | 62 | €80,019 | €92,750 | +€12,731 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,363 | €4,938 | +€575 | +13.2% |
| Other operating charges | 640/8 | €4,554 | €4,489 | -€65 | -1.4% |
| Gross operating margin | 9900 | €95,732 | €109,508 | +€13,776 | +14.4% |
| Operating profit (loss) | 9901 | €6,796 | €7,330 | +€534 | +7.9% |
| Financial income | 75/76B | €38 | €65 | +€27 | +72.9% |
| Recurring financial income | 75 | €38 | €65 | +€27 | +72.9% |
| Financial charges | 65/66B | €5,980 | €6,410 | +€430 | +7.2% |
| Recurring financial charges | 65 | €5,980 | €6,410 | +€430 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €853 | €985 | +€132 | +15.4% |
| Income taxes | 67/77 | €371 | €927 | +€556 | +150% |
| Profit (loss) for the period | 9904 | €482 | €58 | -€424 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €482 | €58 | -€424 | -88.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.