Wyffels Construct: 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.
Wyffels Construct
Largest movements
- Cash +€54,463
up €54,463 (+142.8%), from €38,133 to €92,596
mainly Advances received (+€29,331) and Receivables within one year (+€27,783)
- Receivables within one year -€27,783
down €27,783 (-19.3%), from €144,234 to €116,451
of which Trade receivables: -€32,668
- Stocks and contracts +€15,810
up €15,810 (+43.6%), from €36,253 to €52,063
of which Contracts in progress: +€14,078
- Advances received +€29,331
up €29,331 (+136.2%), from €21,529 to €50,860
- Reserves +€24,820
up €24,820 (+16.6%), from €149,156 to €173,976
- Tax, wage and social debts -€13,480
down €13,480 (-33.0%), from €40,863 to €27,383
of which Taxes: -€13,447
- Gross operating margin -€45,613
down €45,613 (-50.3%), from €90,593 to €44,980
- Taxes -€9,847
down €9,847 (-58.8%), from €16,745 to €6,898
- Financial charges +€3,280
up €3,280 (+130.9%), from €2,507 to €5,787
- Depreciation +€1,692
up €1,692 (+40.2%), from €4,213 to €5,905
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 | €261,293 | €299,335 | +€38,042 | +14.6% |
| Fixed assets | 21/28 | €29,547 | €27,499 | -€2,048 | -6.9% |
| Intangible fixed assets | 21 | €800 | €700 | -€100 | -12.5% |
| Tangible fixed assets | 22/27 | €28,748 | €26,800 | -€1,948 | -6.8% |
| Plant, machinery and equipment | 23 | €8,136 | €8,672 | +€536 | +6.6% |
| Furniture and vehicles | 24 | €977 | €743 | -€234 | -23.9% |
| Other tangible fixed assets | 26 | €19,634 | €17,384 | -€2,250 | -11.5% |
| Current assets | 29/58 | €231,746 | €271,836 | +€40,090 | +17.3% |
| Stocks and contracts in progress | 3 | €36,253 | €52,063 | +€15,810 | +43.6% |
| Stocks | 30/36 | €17,845 | €19,576 | +€1,731 | +9.7% |
| Contracts in progress | 37 | €18,409 | €32,487 | +€14,078 | +76.5% |
| Amounts receivable within one year | 40/41 | €144,234 | €116,451 | -€27,783 | -19.3% |
| Trade receivables | 40 | €75,788 | €43,120 | -€32,668 | -43.1% |
| Other amounts receivable | 41 | €68,446 | €73,331 | +€4,885 | +7.1% |
| Cash at bank and in hand | 54/58 | €38,133 | €92,596 | +€54,463 | +142.8% |
| Deferred charges and accrued income | 490/1 | €13,125 | €10,726 | -€2,399 | -18.3% |
| Total equity and liabilities | 10/49 | €261,293 | €299,335 | +€38,042 | +14.6% |
| Equity | 10/15 | €152,156 | €176,976 | +€24,820 | +16.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €149,156 | €173,976 | +€24,820 | +16.6% |
| Distributable reserves | 133 | €149,156 | €173,976 | +€24,820 | +16.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,137 | €122,359 | +€13,222 | +12.1% |
| Amounts payable within one year | 42/48 | €109,137 | €120,359 | +€11,222 | +10.3% |
| Trade debts | 44 | €45,079 | €42,116 | -€2,963 | -6.6% |
| Suppliers | 440/4 | €45,079 | €42,116 | -€2,963 | -6.6% |
| Advances received on contracts in progress | 46 | €21,529 | €50,860 | +€29,331 | +136.2% |
| Taxes, remuneration and social security | 45 | €40,863 | €27,383 | -€13,480 | -33.0% |
| Taxes | 450/3 | €40,830 | €27,383 | -€13,447 | -32.9% |
| Remuneration and social security | 454/9 | €33 | €0 | -€33 | -100.0% |
| Other amounts payable | 47/48 | €1,666 | €0 | -€1,666 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €795 | €1,320 | +€526 | +66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,213 | €5,905 | +€1,692 | +40.2% |
| Other operating charges | 640/8 | €499 | €703 | +€204 | +40.8% |
| Gross operating margin | 9900 | €90,593 | €44,980 | -€45,613 | -50.3% |
| Operating profit (loss) | 9901 | €85,086 | €37,051 | -€48,034 | -56.5% |
| Financial income | 75/76B | €959 | €454 | -€505 | -52.6% |
| Recurring financial income | 75 | €959 | €454 | -€505 | -52.6% |
| Financial charges | 65/66B | €2,507 | €5,787 | +€3,280 | +130.9% |
| Recurring financial charges | 65 | €2,507 | €5,787 | +€3,280 | +130.9% |
| Profit (loss) for the period before taxes | 9903 | €83,539 | €31,719 | -€51,820 | -62.0% |
| Income taxes | 67/77 | €16,745 | €6,898 | -€9,847 | -58.8% |
| Profit (loss) for the period | 9904 | €66,794 | €24,820 | -€41,973 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,794 | €24,820 | -€41,973 | -62.8% |
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 28 September 2026 via checked.be.