WYFFELS: 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.
What changed
WYFFELS
NACE 32.990, Other manufacturing not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€17,221
2024 · €69,504-€86,725
Equity
€34,238
2024 · €51,459-€17,221
Cash
€26,585
2024 · €27,512-€927
Balance sheet total
€386,466
2024 · €379,826+€6,640
Largest movements
Assets
- Tangible fixed assets +€55,477
up €55,477 (+153.5%), from €36,152 to €91,629
of which Leasing and similar rights: +€33,049
- Intangible fixed assets -€20,978
down €20,978 (-17.1%), from €122,621 to €101,642
- Receivables within one year -€20,575
down €20,575 (-21.0%), from €98,210 to €77,634
of which Trade receivables: -€29,207
- Stocks and contracts -€9,848
down €9,848 (-12.7%), from €77,523 to €67,675
Equity and liabilities
- Debts after one year +€41,965
new in 2025: €41,965
- Other debts -€31,561
down €31,561 (-17.6%), from €179,627 to €148,065
- Trade debts -€29,286
down €29,286 (-48.0%), from €60,958 to €31,671
- Current portion of long-term debt +€22,904
up €22,904 (+265.0%), from €8,642 to €31,546
- Accrued charges and deferred income +€19,476
up €19,476 (+954.9%), from €2,040 to €21,516
Income statement
- Gross operating margin -€83,478
down €83,478 (-18.4%), from €453,886 to €370,408
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.
Result 2024
€69,504
Gross operating margin
-€83,478
Staff costs
+€144
Depreciation
-€2,008
Provisions
-€3,714
Other operating charges
-€22
Financial income
-€1,411
Financial charges
+€3,835
Taxes
-€71
Result 2025
-€17,221
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.
From operations
+€3,138
Investment
-€68,934
Financing
+€64,869
Cash 2024
€27,512
From operations (derived)
+€3,138
Net result for the year
-€17,221
Depreciation
+€34,436
Stocks and contracts
+€9,848
Receivables within one year
+€20,575
Deferred charges and accrued income
-€3,491
Trade debts
-€29,286
Tax, wage and social debts
+€363
Other debts
-€31,561
Accrued charges and deferred income
+€19,476
Investment (derived)
-€68,934
Investment in fixed assets (net)
-€68,934
Financing
+€64,869
Debts after one year
+€41,965
Current portion of long-term debt
+€22,904
Cash 2025
€26,585
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,826 | €386,466 | +€6,640 | +1.7% |
| Fixed assets | 21/28 | €171,298 | €205,796 | +€34,499 | +20.1% |
| Intangible fixed assets | 21 | €122,621 | €101,642 | -€20,978 | -17.1% |
| Tangible fixed assets | 22/27 | €36,152 | €91,629 | +€55,477 | +153.5% |
| Plant, machinery and equipment | 23 | €4,473 | €24,167 | +€19,694 | +440.3% |
| Furniture and vehicles | 24 | €5,316 | €8,050 | +€2,734 | +51.4% |
| Leasing and similar rights | 25 | €26,363 | €59,411 | +€33,049 | +125.4% |
| Financial fixed assets | 28 | €12,525 | €12,525 | = | 0.0% |
| Current assets | 29/58 | €208,529 | €180,670 | -€27,859 | -13.4% |
| Stocks and contracts in progress | 3 | €77,523 | €67,675 | -€9,848 | -12.7% |
| Stocks | 30/36 | €77,523 | €67,675 | -€9,848 | -12.7% |
| Amounts receivable within one year | 40/41 | €98,210 | €77,634 | -€20,575 | -21.0% |
| Trade receivables | 40 | €88,370 | €59,163 | -€29,207 | -33.1% |
| Other amounts receivable | 41 | €9,840 | €18,471 | +€8,631 | +87.7% |
| Cash at bank and in hand | 54/58 | €27,512 | €26,585 | -€927 | -3.4% |
| Deferred charges and accrued income | 490/1 | €5,284 | €8,775 | +€3,491 | +66.1% |
| Total equity and liabilities | 10/49 | €379,826 | €386,466 | +€6,640 | +1.7% |
| Equity | 10/15 | €51,459 | €34,238 | -€17,221 | -33.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,090 | €6,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,600 | €2,600 | = | 0.0% |
| Legal reserve | 130 | €2,600 | €2,600 | = | 0.0% |
| Distributable reserves | 133 | €3,490 | €3,490 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,130 | -€33,352 | -€17,221 | -106.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €328,367 | €352,228 | +€23,861 | +7.3% |
| Amounts payable after more than one year | 17 | - | €41,965 | +€41,965 | |
| Financial debts | 170/4 | - | €41,965 | +€41,965 | |
| Amounts payable within one year | 42/48 | €326,327 | €288,747 | -€37,580 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €8,642 | €31,546 | +€22,904 | +265.0% |
| Trade debts | 44 | €60,958 | €31,671 | -€29,286 | -48.0% |
| Suppliers | 440/4 | €60,958 | €31,671 | -€29,286 | -48.0% |
| Taxes, remuneration and social security | 45 | €77,101 | €77,465 | +€363 | +0.5% |
| Taxes | 450/3 | €13,693 | €13,592 | -€101 | -0.7% |
| Remuneration and social security | 454/9 | €63,409 | €63,873 | +€464 | +0.7% |
| Other amounts payable | 47/48 | €179,627 | €148,065 | -€31,561 | -17.6% |
| Accrued charges and deferred income | 492/3 | €2,040 | €21,516 | +€19,476 | +954.9% |
| Non-recurring operating income | 76A | €6,438 | €6,000 | -€438 | -6.8% |
| Remuneration, social security and pensions | 62 | €344,532 | €344,389 | -€144 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,427 | €34,436 | +€2,008 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,714 | €0 | +€3,714 | |
| Other operating charges | 640/8 | €5,909 | €5,931 | +€22 | +0.4% |
| Gross operating margin | 9900 | €453,886 | €370,408 | -€83,478 | -18.4% |
| Operating profit (loss) | 9901 | €74,731 | -€14,347 | -€89,079 | |
| Financial income | 75/76B | €5,363 | €3,952 | -€1,411 | -26.3% |
| Recurring financial income | 75 | €5,363 | €3,952 | -€1,411 | -26.3% |
| Financial charges | 65/66B | €10,369 | €6,533 | -€3,835 | -37.0% |
| Recurring financial charges | 65 | €10,369 | €6,533 | -€3,835 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €69,726 | -€16,928 | -€86,654 | |
| Income taxes | 67/77 | €222 | €293 | +€71 | +32.0% |
| Profit (loss) for the period | 9904 | €69,504 | -€17,221 | -€86,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,504 | -€17,221 | -€86,725 |
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 6 October 2026 via checked.be.