WNFS: 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.
WNFS
Largest movements
- Intangible fixed assets +€24,449
new in 2024: €24,449
- Tangible fixed assets -€10,464
down €10,464 (-37.2%), from €28,144 to €17,680
of which Plant, machinery and equipment: -€8,794
- Financial fixed assets +€4,000
up €4,000 (+80.0%), from €5,000 to €9,000
- Cash -€3,416
down €3,416 (-31.5%), from €10,841 to €7,425
mainly Investment in fixed assets (net) (-€30,983) and Receivables within one year (-€2,609)
- Receivables within one year +€2,609
up €2,609 (+134.6%), from €1,938 to €4,548
- Other debts +€11,290
up €11,290 (+667.3%), from €1,692 to €12,982
- Reserves +€6,592
up €6,592 (+21.5%), from €30,687 to €37,280
- Trade debts -€2,135
down €2,135 (-50.3%), from €4,244 to €2,109
- Tax, wage and social debts +€1,431
up €1,431 (+16.2%), from €8,820 to €10,251
of which Taxes: +€2,493
- Purchases and services +€224,737
new in 2024: €224,737
- Staff costs +€32,870
up €32,870 (+445.1%), from €7,385 to €40,255
- Taxes -€5,266
down €5,266 (-67.9%), from €7,759 to €2,493
- Gross operating margin +€4,211
up €4,211 (+7.1%), from €59,630 to €63,841
- Depreciation +€834
up €834 (+6.9%), from €12,163 to €12,998
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,443 | €64,622 | +€17,179 | +36.2% |
| Fixed assets | 21/28 | €33,144 | €51,129 | +€17,985 | +54.3% |
| Intangible fixed assets | 21 | - | €24,449 | +€24,449 | |
| Tangible fixed assets | 22/27 | €28,144 | €17,680 | -€10,464 | -37.2% |
| Plant, machinery and equipment | 23 | €24,806 | €16,011 | -€8,794 | -35.5% |
| Furniture and vehicles | 24 | €3,339 | €1,669 | -€1,670 | -50.0% |
| Financial fixed assets | 28 | €5,000 | €9,000 | +€4,000 | +80.0% |
| Current assets | 29/58 | €14,299 | €13,493 | -€806 | -5.6% |
| Stocks and contracts in progress | 3 | €1,520 | €1,520 | = | 0.0% |
| Stocks | 30/36 | €1,520 | €1,520 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,938 | €4,548 | +€2,609 | +134.6% |
| Other amounts receivable | 41 | €1,938 | €4,548 | +€2,609 | +134.6% |
| Cash at bank and in hand | 54/58 | €10,841 | €7,425 | -€3,416 | -31.5% |
| Total equity and liabilities | 10/49 | €47,443 | €64,622 | +€17,179 | +36.2% |
| Equity | 10/15 | €32,687 | €39,280 | +€6,592 | +20.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,687 | €37,280 | +€6,592 | +21.5% |
| Distributable reserves | 133 | €30,687 | €37,280 | +€6,592 | +21.5% |
| Amounts payable | 17/49 | €14,756 | €25,342 | +€10,586 | +71.7% |
| Amounts payable within one year | 42/48 | €14,756 | €25,342 | +€10,586 | +71.7% |
| Trade debts | 44 | €4,244 | €2,109 | -€2,135 | -50.3% |
| Suppliers | 440/4 | €4,244 | €2,109 | -€2,135 | -50.3% |
| Taxes, remuneration and social security | 45 | €8,820 | €10,251 | +€1,431 | +16.2% |
| Taxes | 450/3 | €7,759 | €10,251 | +€2,493 | +32.1% |
| Remuneration and social security | 454/9 | €1,061 | - | -€1,061 | |
| Other amounts payable | 47/48 | €1,692 | €12,982 | +€11,290 | +667.3% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €224,737 | +€224,737 | |
| Remuneration, social security and pensions | 62 | €7,385 | €40,255 | +€32,870 | +445.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,163 | €12,998 | +€834 | +6.9% |
| Other operating charges | 640/8 | €1,468 | €964 | -€504 | -34.3% |
| Gross operating margin | 9900 | €59,630 | €63,841 | +€4,211 | +7.1% |
| Operating profit (loss) | 9901 | €38,613 | €9,624 | -€28,990 | -75.1% |
| Financial charges | 65/66B | €167 | €539 | +€371 | +221.9% |
| Recurring financial charges | 65 | €167 | €539 | +€371 | +221.9% |
| Profit (loss) for the period before taxes | 9903 | €38,446 | €9,085 | -€29,361 | -76.4% |
| Income taxes | 67/77 | €7,759 | €2,493 | -€5,266 | -67.9% |
| Profit (loss) for the period | 9904 | €30,687 | €6,592 | -€24,095 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,687 | €6,592 | -€24,095 | -78.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.