BEHEER WOUTERS: 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.
BEHEER WOUTERS
Largest movements
- Cash -€13,032
down €13,032 (-41.9%), from €31,097 to €18,065
mainly Debts after one year (-€13,863) and Deferred charges and accrued income (-€11,277)
- Deferred charges and accrued income +€11,277
up €11,277 (+260%), from €4,339 to €15,615
- Tangible fixed assets -€4,586
down €4,586 (-2.0%), from €228,075 to €223,489
of which Land and buildings: -€6,889
- Debts after one year -€13,863
down €13,863 (-43.4%), from €31,913 to €18,049
- Accrued charges and deferred income +€10,098
new in 2026: €10,098
- Profit (loss) carried forward +€5,394
up €5,394 (+48.4%), from -€11,155 to -€5,761
- Advances received -€4,599
down €4,599 (-100%), from €4,599 to €0
- Gross operating margin +€10,678
up €10,678 (+229%), from €4,657 to €15,336
- Depreciation -€711
down €711 (-9.2%), from €7,699 to €6,988
- Financial charges +€191
up €191 (+10.7%), from €1,780 to €1,971
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,991 | €267,492 | -€2,499 | -0.9% |
| Fixed assets | 21/28 | €228,075 | €223,489 | -€4,586 | -2.0% |
| Tangible fixed assets | 22/27 | €228,075 | €223,489 | -€4,586 | -2.0% |
| Land and buildings | 22 | €228,075 | €221,186 | -€6,889 | -3.0% |
| Plant, machinery and equipment | 23 | - | €2,303 | +€2,303 | |
| Current assets | 29/58 | €41,915 | €44,003 | +€2,087 | +5.0% |
| Stocks and contracts in progress | 3 | €4,572 | €6,050 | +€1,478 | +32.3% |
| Stocks | 30/36 | €4,572 | €6,050 | +€1,478 | +32.3% |
| Amounts receivable within one year | 40/41 | €1,907 | €4,272 | +€2,364 | +124% |
| Trade receivables | 40 | - | €1,104 | +€1,104 | |
| Other amounts receivable | 41 | €1,907 | €3,167 | +€1,260 | +66.1% |
| Cash at bank and in hand | 54/58 | €31,097 | €18,065 | -€13,032 | -41.9% |
| Deferred charges and accrued income | 490/1 | €4,339 | €15,615 | +€11,277 | +260% |
| Total equity and liabilities | 10/49 | €269,991 | €267,492 | -€2,499 | -0.9% |
| Equity | 10/15 | €218,232 | €223,626 | +€5,394 | +2.5% |
| Contributions | 10/11 | €159,300 | €159,300 | = | 0.0% |
| Reserves | 13 | €70,087 | €70,087 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €61,587 | €61,587 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,155 | -€5,761 | +€5,394 | +48.4% |
| Amounts payable | 17/49 | €51,759 | €43,866 | -€7,893 | -15.2% |
| Amounts payable after more than one year | 17 | €31,913 | €18,049 | -€13,863 | -43.4% |
| Financial debts | 170/4 | €31,913 | €18,049 | -€13,863 | -43.4% |
| Amounts payable within one year | 42/48 | €19,846 | €15,719 | -€4,127 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €13,371 | €13,863 | +€492 | +3.7% |
| Trade debts | 44 | €159 | €139 | -€20 | -12.8% |
| Suppliers | 440/4 | €159 | €139 | -€20 | -12.8% |
| Advances received on contracts in progress | 46 | €4,599 | €0 | -€4,599 | -100% |
| Other amounts payable | 47/48 | €1,716 | €1,716 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €10,098 | +€10,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,699 | €6,988 | -€711 | -9.2% |
| Other operating charges | 640/8 | €882 | €983 | +€101 | +11.4% |
| Non-recurring operating charges | 66A | €5,301 | €0 | -€5,301 | -100% |
| Gross operating margin | 9900 | €4,657 | €15,336 | +€10,678 | +229% |
| Operating profit (loss) | 9901 | -€9,225 | €7,365 | +€16,590 | |
| Financial income | 75/76B | €96 | €0 | -€96 | -100% |
| Recurring financial income | 75 | €96 | €0 | -€96 | -100% |
| Financial charges | 65/66B | €1,780 | €1,971 | +€191 | +10.7% |
| Recurring financial charges | 65 | €1,780 | €1,971 | +€191 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,909 | €5,394 | +€16,303 | |
| Profit (loss) for the period | 9904 | -€10,909 | €5,394 | +€16,303 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,909 | €5,394 | +€16,303 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.