DE WACHTER J: what changed
What changed
DE WACHTER J
filed annual accounts (NBB)
Net result for the year
-€407
2024 · -€4,820+€4,414
Equity
€92,647
2024 · €93,053-€407
Cash
€7,617
2024 · €63+€7,554
Balance sheet total
€147,197
2024 · €145,943+€1,254
Largest movements
Assets
- Cash +€7,554
up €7,554 (+11,905%), from €63 to €7,617
mainly Depreciation (+€4,226) and Other debts (+€3,719)
- Tangible fixed assets -€4,226
down €4,226 (-23.3%), from €18,105 to €13,879
of which Land and buildings: -€2,667
- Receivables within one year -€1,734
no longer reported in 2025 (was €1,734)
of which Other amounts receivable: -€1,485
Equity and liabilities
- Other debts +€3,719
up €3,719 (+7.6%), from €48,609 to €52,328
- Short-term financial debts -€2,043
no longer reported in 2025 (was €2,043)
Income statement
- Gross operating margin +€6,397
up €6,397 (+2,309%), from €277 to €6,674
- Other operating charges +€1,522
up €1,522 (+160%), from €950 to €2,472
- Financial income -€578
down €578 (-99.9%), from €578 to €1
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
-€4,820
Gross operating margin
+€6,397
Other operating charges
-€1,522
Financial income
-€578
Financial charges
+€59
Taxes
+€57
Result 2025
-€407
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
+€9,596
Investment
+€0
Financing
-€2,043
Cash 2024
€63
From operations (derived)
+€9,596
Net result for the year
-€407
Depreciation
+€4,226
Receivables within one year
+€1,734
Deferred charges and accrued income
+€341
Trade debts
-€918
Tax, wage and social debts
+€902
Other debts
+€3,719
Investment (derived)
+€0
Current investments
+€0
Financing
-€2,043
Short-term financial debts
-€2,043
Cash 2025
€7,617
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,943 | €147,197 | +€1,254 | +0.9% |
| Fixed assets | 21/28 | €18,105 | €13,879 | -€4,226 | -23.3% |
| Tangible fixed assets | 22/27 | €18,105 | €13,879 | -€4,226 | -23.3% |
| Land and buildings | 22 | €13,908 | €11,241 | -€2,667 | -19.2% |
| Plant, machinery and equipment | 23 | €4,196 | €2,638 | -€1,559 | -37.1% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €127,839 | €133,318 | +€5,479 | +4.3% |
| Amounts receivable within one year | 40/41 | €1,734 | - | -€1,734 | |
| Trade receivables | 40 | €248 | - | -€248 | |
| Other amounts receivable | 41 | €1,485 | - | -€1,485 | |
| Current investments | 50/53 | €125,701 | €125,701 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €63 | €7,617 | +€7,554 | +11,905% |
| Deferred charges and accrued income | 490/1 | €341 | - | -€341 | |
| Total equity and liabilities | 10/49 | €145,943 | €147,197 | +€1,254 | +0.9% |
| Equity | 10/15 | €93,053 | €92,647 | -€407 | -0.4% |
| Contributions | 10/11 | €113,992 | €113,992 | = | 0.0% |
| Reserves | 13 | €8,798 | €8,798 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,820 | €5,820 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,820 | €5,820 | = | 0.0% |
| Distributable reserves | 133 | €2,978 | €2,978 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,737 | -€30,143 | -€407 | -1.4% |
| Amounts payable | 17/49 | €52,890 | €54,550 | +€1,660 | +3.1% |
| Amounts payable within one year | 42/48 | €52,890 | €54,550 | +€1,660 | +3.1% |
| Financial debts | 43 | €2,043 | - | -€2,043 | |
| Credit institutions | 430/8 | €2,043 | - | -€2,043 | |
| Trade debts | 44 | €2,060 | €1,142 | -€918 | -44.6% |
| Suppliers | 440/4 | €2,060 | €1,142 | -€918 | -44.6% |
| Taxes, remuneration and social security | 45 | €178 | €1,080 | +€902 | +507% |
| Taxes | 450/3 | €178 | €1,080 | +€902 | +507% |
| Other amounts payable | 47/48 | €48,609 | €52,328 | +€3,719 | +7.6% |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,226 | €4,226 | = | 0.0% |
| Other operating charges | 640/8 | €950 | €2,472 | +€1,522 | +160% |
| Gross operating margin | 9900 | €277 | €6,674 | +€6,397 | +2,309% |
| Operating profit (loss) | 9901 | -€4,899 | -€24 | +€4,875 | +99.5% |
| Financial income | 75/76B | €578 | €1 | -€578 | -99.9% |
| Recurring financial income | 75 | €578 | €1 | -€578 | -99.9% |
| Financial charges | 65/66B | €321 | €262 | -€59 | -18.4% |
| Recurring financial charges | 65 | €321 | €262 | -€59 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,642 | -€285 | +€4,357 | +93.9% |
| Income taxes | 67/77 | €178 | €121 | -€57 | -31.9% |
| Profit (loss) for the period | 9904 | -€4,820 | -€407 | +€4,414 | +91.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,820 | -€407 | +€4,414 | +91.6% |
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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 5 November 2026 via checked.be.