WOFI: what changed
Two financial 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.
WOFI
Largest movements
- Receivables within one year +€133,070
up €133,070 (+100%), from €132,454 to €265,523
of which Trade receivables: +€132,000
- Tangible fixed assets -€24,638
down €24,638 (-4.0%), from €622,625 to €597,988
- Other debts +€124,000
up €124,000 (+25.4%), from €487,574 to €611,574
- Trade debts -€17,390
down €17,390 (-26.7%), from €65,183 to €47,794
- Depreciation -€20,533
down €20,533 (-45.5%), from €45,171 to €24,638
- Other operating charges -€7,655
down €7,655 (-75.2%), from €10,186 to €2,531
- Gross operating margin +€2,620
up €2,620 (+1.8%), from €148,517 to €151,137
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.
Derived cash bridge
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 | €807,513 | €915,112 | +€107,599 | +13.3% |
| Fixed assets | 21/28 | €622,625 | €597,988 | -€24,638 | -4.0% |
| Tangible fixed assets | 22/27 | €622,625 | €597,988 | -€24,638 | -4.0% |
| Land and buildings | 22 | €622,625 | €597,988 | -€24,638 | -4.0% |
| Current assets | 29/58 | €184,888 | €317,124 | +€132,237 | +71.5% |
| Amounts receivable within one year | 40/41 | €132,454 | €265,523 | +€133,070 | +100% |
| Trade receivables | 40 | €132,000 | €264,000 | +€132,000 | +100% |
| Other amounts receivable | 41 | €454 | €1,523 | +€1,070 | +236% |
| Current investments | 50/53 | €49,381 | €49,381 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,053 | €2,220 | -€833 | -27.3% |
| Total equity and liabilities | 10/49 | €807,513 | €915,112 | +€107,599 | +13.3% |
| Equity | 10/15 | €251,708 | €251,975 | +€268 | +0.1% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €183,108 | €183,375 | +€268 | +0.1% |
| Distributable reserves | 133 | €183,108 | €183,375 | +€268 | +0.1% |
| Amounts payable | 17/49 | €555,805 | €663,137 | +€107,332 | +19.3% |
| Amounts payable within one year | 42/48 | €555,805 | €663,137 | +€107,332 | +19.3% |
| Trade debts | 44 | €65,183 | €47,794 | -€17,390 | -26.7% |
| Suppliers | 440/4 | €65,183 | €47,794 | -€17,390 | -26.7% |
| Taxes, remuneration and social security | 45 | €3,048 | €3,769 | +€721 | +23.7% |
| Taxes | 450/3 | €3,048 | €3,769 | +€721 | +23.7% |
| Other amounts payable | 47/48 | €487,574 | €611,574 | +€124,000 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,171 | €24,638 | -€20,533 | -45.5% |
| Other operating charges | 640/8 | €10,186 | €2,531 | -€7,655 | -75.2% |
| Gross operating margin | 9900 | €148,517 | €151,137 | +€2,620 | +1.8% |
| Operating profit (loss) | 9901 | €93,161 | €123,969 | +€30,808 | +33.1% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €93,131 | €123,939 | +€30,808 | +33.1% |
| Income taxes | 67/77 | €1,366 | €671 | -€695 | -50.9% |
| Profit (loss) for the period | 9904 | €91,765 | €123,268 | +€31,503 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,765 | €123,268 | +€31,503 | +34.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.