WILFRIED: 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.
WILFRIED
Largest movements
- Receivables within one year -€89,196
down €89,196 (-49.4%), from €180,514 to €91,318
of which Trade receivables: -€68,961
- Cash +€38,226
up €38,226 (+100.2%), from €38,166 to €76,393
mainly Receivables within one year (+€89,196) and Contributions, distributions and other (+€51,800)
- Stocks and contracts -€3,336
down €3,336 (-18.9%), from €17,679 to €14,343
- Profit (loss) carried forward -€55,018
down €55,018 (-9.3%), from -€594,271 to -€649,289
- Contributions +€51,800
up €51,800 (+10.6%), from €487,500 to €539,300
- Trade debts -€49,084
down €49,084 (-36.5%), from €134,395 to €85,311
- Debts after one year -€12,370
down €12,370 (-23.3%), from €53,116 to €40,746
of which Financial debts: -€53,116
- Tax, wage and social debts +€6,319
up €6,319 (+21.9%), from €28,796 to €35,115
of which Remuneration and social security: +€7,730
- Gross operating margin -€7,059
down €7,059 (-5.0%), from €141,155 to €134,096
- Financial charges -€3,267
down €3,267 (-71.3%), from €4,580 to €1,313
of which Financial charges: -€1,993
- Write-downs +€2,364
new in 2025: €2,364
From the 31-12-2024 result to the 31-12-2025 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.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,142 | €187,398 | -€55,744 | -22.9% |
| Fixed assets | 21/28 | €6,783 | €5,345 | -€1,439 | -21.2% |
| Intangible fixed assets | 21 | €4,174 | €3,078 | -€1,096 | -26.3% |
| Tangible fixed assets | 22/27 | €2,584 | €2,242 | -€343 | -13.3% |
| Other tangible fixed assets | 26 | €2,584 | €2,242 | -€343 | -13.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €236,359 | €182,054 | -€54,306 | -23.0% |
| Stocks and contracts in progress | 3 | €17,679 | €14,343 | -€3,336 | -18.9% |
| Stocks | 30/36 | €17,679 | €14,343 | -€3,336 | -18.9% |
| Amounts receivable within one year | 40/41 | €180,514 | €91,318 | -€89,196 | -49.4% |
| Trade receivables | 40 | €160,035 | €91,074 | -€68,961 | -43.1% |
| Other amounts receivable | 41 | €20,479 | €244 | -€20,235 | -98.8% |
| Cash at bank and in hand | 54/58 | €38,166 | €76,393 | +€38,226 | +100.2% |
| Total equity and liabilities | 10/49 | €243,142 | €187,398 | -€55,744 | -22.9% |
| Equity | 10/15 | -€106,271 | -€109,489 | -€3,218 | -3.0% |
| Contributions | 10/11 | €487,500 | €539,300 | +€51,800 | +10.6% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€594,271 | -€649,289 | -€55,018 | -9.3% |
| Amounts payable | 17/49 | €349,414 | €296,888 | -€52,526 | -15.0% |
| Amounts payable after more than one year | 17 | €53,116 | €40,746 | -€12,370 | -23.3% |
| Financial debts | 170/4 | €53,116 | €0 | -€53,116 | -100.0% |
| Other amounts payable | 178/9 | - | €40,746 | +€40,746 | |
| Amounts payable within one year | 42/48 | €179,161 | €137,054 | -€42,107 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €15,504 | €16,162 | +€658 | +4.2% |
| Trade debts | 44 | €134,395 | €85,311 | -€49,084 | -36.5% |
| Suppliers | 440/4 | €134,395 | €85,311 | -€49,084 | -36.5% |
| Taxes, remuneration and social security | 45 | €28,796 | €35,115 | +€6,319 | +21.9% |
| Taxes | 450/3 | €10,821 | €9,410 | -€1,411 | -13.0% |
| Remuneration and social security | 454/9 | €17,975 | €25,705 | +€7,730 | +43.0% |
| Other amounts payable | 47/48 | €466 | €466 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €117,136 | €119,088 | +€1,951 | +1.7% |
| Non-recurring operating income | 76A | €5,713 | €0 | -€5,713 | -100.0% |
| Remuneration, social security and pensions | 62 | €183,923 | €183,496 | -€427 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,439 | €1,439 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,364 | +€2,364 | |
| Other operating charges | 640/8 | €1,824 | €502 | -€1,322 | -72.5% |
| Non-recurring operating charges | 66A | €6,089 | €0 | -€6,089 | -100.0% |
| Gross operating margin | 9900 | €141,155 | €134,096 | -€7,059 | -5.0% |
| Operating profit (loss) | 9901 | -€52,121 | -€53,705 | -€1,584 | -3.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,580 | €1,313 | -€3,267 | -71.3% |
| Recurring financial charges | 65 | €3,307 | €1,313 | -€1,993 | -60.3% |
| Non-recurring financial charges | 66B | €1,274 | €0 | -€1,274 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€56,701 | -€55,018 | +€1,683 | +3.0% |
| Income taxes | 67/77 | -€206 | €0 | +€206 | |
| Profit (loss) for the period | 9904 | -€56,495 | -€55,018 | +€1,477 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,495 | -€55,018 | +€1,477 | +2.6% |
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 10 October 2026 via checked.be.