BEGRAFENISONDERNEMING DE WULF: what changed
What changed
BEGRAFENISONDERNEMING DE WULF
NACE 96.301, Funeral services
filed annual accounts (NBB)
Net result for the year
€75,870
2024 · €87,711-€11,841
Equity
€546,922
2024 · €567,851-€20,930
Cash
€207,519
2024 · €284,887-€77,369
Balance sheet total
€1.2m
2024 · €1.4m-€137,416
Largest movements
Assets
- Tangible fixed assets -€109,262
down €109,262 (-12.0%), from €909,995 to €800,733
of which Land and buildings: -€65,663
- Current investments +€100,000
up €100,000, from €0 to €100,000
- Cash -€77,369
down €77,369 (-27.2%), from €284,887 to €207,519
mainly Debts after one year (-€155,911) and Current investments (-€100,000)
- Receivables within one year -€45,961
down €45,961 (-48.8%), from €94,225 to €48,264
of which Trade receivables: -€52,994
Equity and liabilities
- Debts after one year -€155,911
down €155,911 (-27.1%), from €576,343 to €420,433
of which Financial debts: -€124,457
- Other debts +€96,800
new in 2025: €96,800
- Current portion of long-term debt -€43,721
down €43,721 (-29.7%), from €147,279 to €103,558
- Reserves -€20,930
down €20,930 (-3.7%), from €565,851 to €544,922
Income statement
- Gross operating margin -€26,948
down €26,948 (-6.8%), from €393,918 to €366,970
- Depreciation -€11,383
down €11,383 (-7.2%), from €157,855 to €146,472
- Financial charges -€9,232
down €9,232 (-37.5%), from €24,599 to €15,367
- Staff costs +€6,164
up €6,164 (+7.8%), from €79,035 to €85,199
- Taxes -€4,504
down €4,504 (-12.3%), from €36,763 to €32,259
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€87,711
Gross operating margin
-€26,948
Staff costs
-€6,164
Depreciation
+€11,383
Write-downs
-€3,958
Other operating charges
-€1,784
Financial income
+€1,893
Financial charges
+€9,232
Taxes
+€4,504
Result 2025
€75,870
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€355,627
Investment
-€136,564
Financing
-€296,432
Cash 2024
€284,887
From operations (derived)
+€355,627
Net result for the year
+€75,870
Depreciation
+€146,472
Stocks and contracts
+€4,512
Receivables within one year
+€45,961
Deferred charges and accrued income
-€334
Trade debts
-€2,550
Tax, wage and social debts
-€3,975
Other debts
+€96,800
Accrued charges and deferred income
-€7,130
Investment (derived)
-€136,564
Investment in fixed assets (net)
-€36,564
Current investments
-€100,000
Financing
-€296,432
Debts after one year
-€155,911
Current portion of long-term debt
-€43,721
Contributions, distributions and other
-€96,800
Cash 2025
€207,519
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,354,673 | €1,217,256 | -€137,416 | -10.1% |
| Fixed assets | 21/28 | €911,042 | €801,133 | -€109,908 | -12.1% |
| Intangible fixed assets | 21 | €863 | €216 | -€647 | -75.0% |
| Tangible fixed assets | 22/27 | €909,995 | €800,733 | -€109,262 | -12.0% |
| Land and buildings | 22 | €632,783 | €567,120 | -€65,663 | -10.4% |
| Plant, machinery and equipment | 23 | €85,546 | €70,915 | -€14,630 | -17.1% |
| Furniture and vehicles | 24 | €191,666 | €162,697 | -€28,969 | -15.1% |
| Financial fixed assets | 28 | €184 | €184 | = | 0.0% |
| Current assets | 29/58 | €443,631 | €416,123 | -€27,508 | -6.2% |
| Stocks and contracts in progress | 3 | €51,280 | €46,768 | -€4,512 | -8.8% |
| Stocks | 30/36 | €51,280 | €46,768 | -€4,512 | -8.8% |
| Amounts receivable within one year | 40/41 | €94,225 | €48,264 | -€45,961 | -48.8% |
| Trade receivables | 40 | €92,867 | €39,873 | -€52,994 | -57.1% |
| Other amounts receivable | 41 | €1,359 | €8,391 | +€7,032 | +518% |
| Current investments | 50/53 | €0 | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €284,887 | €207,519 | -€77,369 | -27.2% |
| Deferred charges and accrued income | 490/1 | €13,239 | €13,573 | +€334 | +2.5% |
| Total equity and liabilities | 10/49 | €1,354,673 | €1,217,256 | -€137,416 | -10.1% |
| Equity | 10/15 | €567,851 | €546,922 | -€20,930 | -3.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €565,851 | €544,922 | -€20,930 | -3.7% |
| Distributable reserves | 133 | €565,851 | €544,922 | -€20,930 | -3.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €786,822 | €670,335 | -€116,487 | -14.8% |
| Amounts payable after more than one year | 17 | €576,343 | €420,433 | -€155,911 | -27.1% |
| Financial debts | 170/4 | €528,650 | €404,193 | -€124,457 | -23.5% |
| Other amounts payable | 178/9 | €47,694 | €16,240 | -€31,454 | -65.9% |
| Amounts payable within one year | 42/48 | €198,442 | €244,996 | +€46,554 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €147,279 | €103,558 | -€43,721 | -29.7% |
| Trade debts | 44 | €35,324 | €32,774 | -€2,550 | -7.2% |
| Suppliers | 440/4 | €35,324 | €32,774 | -€2,550 | -7.2% |
| Taxes, remuneration and social security | 45 | €15,840 | €11,865 | -€3,975 | -25.1% |
| Taxes | 450/3 | €3,637 | €3,079 | -€557 | -15.3% |
| Remuneration and social security | 454/9 | €12,203 | €8,785 | -€3,418 | -28.0% |
| Other amounts payable | 47/48 | - | €96,800 | +€96,800 | |
| Accrued charges and deferred income | 492/3 | €12,036 | €4,906 | -€7,130 | -59.2% |
| Remuneration, social security and pensions | 62 | €79,035 | €85,199 | +€6,164 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,855 | €146,472 | -€11,383 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,958 | +€3,958 | |
| Other operating charges | 640/8 | €8,838 | €10,621 | +€1,784 | +20.2% |
| Gross operating margin | 9900 | €393,918 | €366,970 | -€26,948 | -6.8% |
| Operating profit (loss) | 9901 | €148,190 | €120,719 | -€27,470 | -18.5% |
| Financial income | 75/76B | €884 | €2,777 | +€1,893 | +214% |
| Recurring financial income | 75 | €884 | €2,777 | +€1,893 | +214% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €24,599 | €15,367 | -€9,232 | -37.5% |
| Recurring financial charges | 65 | €24,599 | €15,367 | -€9,232 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €124,475 | €108,129 | -€16,346 | -13.1% |
| Income taxes | 67/77 | €36,763 | €32,259 | -€4,504 | -12.3% |
| Profit (loss) for the period | 9904 | €87,711 | €75,870 | -€11,841 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,711 | €75,870 | -€11,841 | -13.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.