WYFFELS SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€83,952
up €83,952 (+8.2%), from €1.0m to €1.1m
of which Furniture and vehicles: +€147,992
- Cash -€62,794
down €62,794 (-53.8%), from €116,742 to €53,948
mainly Investment in fixed assets (net) (-€261,894) and Contributions, distributions and other (-€160,208)
- Receivables within one year +€23,651
up €23,651 (+13.5%), from €174,982 to €198,632
of which Trade receivables: +€39,847
- Reserves -€127,255
down €127,255 (-35.4%), from €359,366 to €232,112
of which Non-distributable reserves: -€127,255
- Other debts +€88,903
up €88,903 (+66669.1%), from €133 to €89,037
- Tax, wage and social debts +€30,830
up €30,830 (+135.1%), from €22,822 to €53,652
of which Taxes: +€28,751
- Current portion of long-term debt +€30,666
up €30,666 (+20.5%), from €149,294 to €179,960
- Trade debts +€28,537
up €28,537 (+41.1%), from €69,508 to €98,044
- Taxes +€19,650
up €19,650 (+296.7%), from €6,624 to €26,274
- Gross operating margin +€7,047
up €7,047 (+1.4%), from €507,972 to €515,019
- Other operating charges -€6,966
down €6,966 (-19.5%), from €35,778 to €28,811
- Staff costs -€5,510
down €5,510 (-2.5%), from €223,270 to €217,759
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 | €1,320,524 | €1,373,933 | +€53,409 | +4.0% |
| Fixed assets | 21/28 | €1,027,299 | €1,108,882 | +€81,583 | +7.9% |
| Intangible fixed assets | 21 | €8,620 | €6,251 | -€2,369 | -27.5% |
| Tangible fixed assets | 22/27 | €1,018,475 | €1,102,427 | +€83,952 | +8.2% |
| Land and buildings | 22 | €873,088 | €796,820 | -€76,267 | -8.7% |
| Plant, machinery and equipment | 23 | €110,757 | €122,984 | +€12,227 | +11.0% |
| Furniture and vehicles | 24 | €34,631 | €182,623 | +€147,992 | +427.3% |
| Financial fixed assets | 28 | €204 | €204 | = | 0.0% |
| Current assets | 29/58 | €293,226 | €265,051 | -€28,174 | -9.6% |
| Stocks and contracts in progress | 3 | €800 | €6,360 | +€5,560 | +695.0% |
| Stocks | 30/36 | €800 | €6,360 | +€5,560 | +695.0% |
| Amounts receivable within one year | 40/41 | €174,982 | €198,632 | +€23,651 | +13.5% |
| Trade receivables | 40 | €151,227 | €191,074 | +€39,847 | +26.3% |
| Other amounts receivable | 41 | €23,755 | €7,558 | -€16,197 | -68.2% |
| Cash at bank and in hand | 54/58 | €116,742 | €53,948 | -€62,794 | -53.8% |
| Deferred charges and accrued income | 490/1 | €702 | €6,111 | +€5,409 | +771.0% |
| Total equity and liabilities | 10/49 | €1,320,524 | €1,373,933 | +€53,409 | +4.0% |
| Equity | 10/15 | €299,432 | €173,621 | -€125,811 | -42.0% |
| Reserves | 13 | €359,366 | €232,112 | -€127,255 | -35.4% |
| Non-distributable reserves | 130/1 | €292,150 | €164,896 | -€127,255 | -43.6% |
| Reserves not available under the articles | 1311 | €187 | €187 | = | 0.0% |
| Other | 1319 | €291,963 | €164,708 | -€127,255 | -43.6% |
| Distributable reserves | 133 | €67,216 | €67,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,934 | -€58,491 | +€1,443 | +2.4% |
| Amounts payable | 17/49 | €1,021,092 | €1,200,312 | +€179,220 | +17.6% |
| Amounts payable after more than one year | 17 | €779,336 | €779,619 | +€283 | 0.0% |
| Financial debts | 170/4 | €779,336 | €779,619 | +€283 | 0.0% |
| Amounts payable within one year | 42/48 | €241,756 | €420,693 | +€178,937 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €149,294 | €179,960 | +€30,666 | +20.5% |
| Trade debts | 44 | €69,508 | €98,044 | +€28,537 | +41.1% |
| Suppliers | 440/4 | €69,508 | €98,044 | +€28,537 | +41.1% |
| Taxes, remuneration and social security | 45 | €22,822 | €53,652 | +€30,830 | +135.1% |
| Taxes | 450/3 | €4,383 | €33,134 | +€28,751 | +656.0% |
| Remuneration and social security | 454/9 | €18,439 | €20,519 | +€2,080 | +11.3% |
| Other amounts payable | 47/48 | €133 | €89,037 | +€88,903 | +66669.1% |
| Non-recurring operating income | 76A | - | €33,809 | +€33,809 | |
| Remuneration, social security and pensions | 62 | €223,270 | €217,759 | -€5,510 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,528 | €180,311 | -€1,217 | -0.7% |
| Other operating charges | 640/8 | €35,778 | €28,811 | -€6,966 | -19.5% |
| Gross operating margin | 9900 | €507,972 | €515,019 | +€7,047 | +1.4% |
| Operating profit (loss) | 9901 | €67,397 | €88,138 | +€20,741 | +30.8% |
| Financial income | 75/76B | €663 | €1,024 | +€361 | +54.5% |
| Recurring financial income | 75 | €663 | €1,024 | +€361 | +54.5% |
| Financial charges | 65/66B | €29,880 | €28,491 | -€1,389 | -4.6% |
| Recurring financial charges | 65 | €29,880 | €28,491 | -€1,389 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €38,180 | €60,671 | +€22,491 | +58.9% |
| Income taxes | 67/77 | €6,624 | €26,274 | +€19,650 | +296.7% |
| Profit (loss) for the period | 9904 | €31,556 | €34,397 | +€2,840 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,556 | €34,397 | +€2,840 | +9.0% |
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 7 October 2026 via checked.be.