Wilfriet: what changed
Two fiscal 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.
Wilfriet
Largest movements
- Cash +€52,474
up €52,474 (+470.8%), from €11,147 to €63,620
mainly Net result for the year (+€76,585) and Depreciation (+€33,111)
- Receivables within one year -€3,008
down €3,008 (-90.2%), from €3,334 to €326
of which Trade receivables: -€3,008
- Reserves +€76,585
up €76,585 (+139.9%), from €54,759 to €131,344
- Other debts -€34,729
down €34,729 (-97.5%), from €35,614 to €885
- Tax, wage and social debts +€21,423
up €21,423 (+108.0%), from €19,839 to €41,262
of which Taxes: +€22,631
- Debts after one year -€16,085
down €16,085 (-21.4%), from €75,116 to €59,031
- Trade debts +€6,298
up €6,298 (+54.5%), from €11,552 to €17,851
- Gross operating margin +€29,158
up €29,158 (+18.4%), from €158,380 to €187,539
- Taxes +€7,170
up €7,170 (+50.4%), from €14,232 to €21,402
- Depreciation +€4,783
up €4,783 (+16.9%), from €28,328 to €33,111
- Staff costs -€4,321
down €4,321 (-8.6%), from €50,431 to €46,111
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.
Cash bridge derived
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 | €234,443 | €284,457 | +€50,014 | +21.3% |
| Fixed assets | 21/28 | €214,448 | €216,712 | +€2,264 | +1.1% |
| Tangible fixed assets | 22/27 | €214,448 | €216,712 | +€2,264 | +1.1% |
| Plant, machinery and equipment | 23 | €59,465 | €47,388 | -€12,077 | -20.3% |
| Furniture and vehicles | 24 | €2,660 | €1,544 | -€1,117 | -42.0% |
| Leasing and similar rights | 25 | €40,495 | €29,793 | -€10,702 | -26.4% |
| Other tangible fixed assets | 26 | €111,827 | €137,988 | +€26,160 | +23.4% |
| Current assets | 29/58 | €19,995 | €67,745 | +€47,750 | +238.8% |
| Stocks and contracts in progress | 3 | €4,950 | €2,740 | -€2,210 | -44.6% |
| Stocks | 30/36 | €4,950 | €2,740 | -€2,210 | -44.6% |
| Amounts receivable within one year | 40/41 | €3,334 | €326 | -€3,008 | -90.2% |
| Trade receivables | 40 | €3,334 | €326 | -€3,008 | -90.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11,147 | €63,620 | +€52,474 | +470.8% |
| Deferred charges and accrued income | 490/1 | €564 | €1,059 | +€494 | +87.6% |
| Total equity and liabilities | 10/49 | €234,443 | €284,457 | +€50,014 | +21.3% |
| Equity | 10/15 | €72,759 | €149,344 | +€76,585 | +105.3% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €54,759 | €131,344 | +€76,585 | +139.9% |
| Distributable reserves | 133 | €54,759 | €131,344 | +€76,585 | +139.9% |
| Amounts payable | 17/49 | €161,684 | €135,113 | -€26,571 | -16.4% |
| Amounts payable after more than one year | 17 | €75,116 | €59,031 | -€16,085 | -21.4% |
| Financial debts | 170/4 | €75,116 | €59,031 | -€16,085 | -21.4% |
| Amounts payable within one year | 42/48 | €82,524 | €76,082 | -€6,442 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €15,302 | €16,085 | +€783 | +5.1% |
| Financial debts | 43 | €217 | €0 | -€217 | -100.0% |
| Credit institutions | 430/8 | €217 | €0 | -€217 | -100.0% |
| Trade debts | 44 | €11,552 | €17,851 | +€6,298 | +54.5% |
| Suppliers | 440/4 | €11,552 | €17,851 | +€6,298 | +54.5% |
| Taxes, remuneration and social security | 45 | €19,839 | €41,262 | +€21,423 | +108.0% |
| Taxes | 450/3 | €15,049 | €37,680 | +€22,631 | +150.4% |
| Remuneration and social security | 454/9 | €4,790 | €3,582 | -€1,208 | -25.2% |
| Other amounts payable | 47/48 | €35,614 | €885 | -€34,729 | -97.5% |
| Accrued charges and deferred income | 492/3 | €4,044 | €0 | -€4,044 | -100.0% |
| Remuneration, social security and pensions | 62 | €50,431 | €46,111 | -€4,321 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,328 | €33,111 | +€4,783 | +16.9% |
| Other operating charges | 640/8 | €1,961 | €869 | -€1,092 | -55.7% |
| Gross operating margin | 9900 | €158,380 | €187,539 | +€29,158 | +18.4% |
| Operating profit (loss) | 9901 | €77,661 | €107,448 | +€29,787 | +38.4% |
| Financial income | 75/76B | €125 | €1 | -€125 | -99.3% |
| Recurring financial income | 75 | €125 | €1 | -€125 | -99.3% |
| Financial charges | 65/66B | €9,123 | €9,462 | +€339 | +3.7% |
| Recurring financial charges | 65 | €9,123 | €9,462 | +€339 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €68,663 | €97,987 | +€29,324 | +42.7% |
| Income taxes | 67/77 | €14,232 | €21,402 | +€7,170 | +50.4% |
| Profit (loss) for the period | 9904 | €54,431 | €76,585 | +€22,154 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,431 | €76,585 | +€22,154 | +40.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.