DIRK WUYTS: 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.
DIRK WUYTS
Largest movements
- Current investments -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Stocks and contracts -€12,716
down €12,716 (-43.5%), from €29,212 to €16,496
of which Contracts in progress: -€8,000
- Reserves -€148,437
down €148,437 (-48.0%), from €309,162 to €160,725
- Other debts +€64,065
up €64,065 (+62.2%), from €103,050 to €167,115
- Tax, wage and social debts -€16,865
down €16,865 (-71.0%), from €23,762 to €6,897
of which Taxes: -€16,730
- Trade debts -€7,600
down €7,600 (-19.8%), from €38,337 to €30,737
- Gross operating margin -€26,412
down €26,412 (-44.7%), from €59,055 to €32,643
- Taxes -€6,588
down €6,588 (-35.4%), from €18,612 to €12,024
- Depreciation +€2,029
up €2,029 (+610%), from €333 to €2,362
- Financial income +€1,635
up €1,635 (+42.0%), from €3,894 to €5,529
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.
Derived cash bridge
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 | €489,310 | €380,474 | -€108,836 | -22.2% |
| Fixed assets | 21/28 | €2,868 | €7,146 | +€4,278 | +149% |
| Tangible fixed assets | 22/27 | €2,347 | €6,626 | +€4,278 | +182% |
| Plant, machinery and equipment | 23 | €2,347 | €1,744 | -€603 | -25.7% |
| Furniture and vehicles | 24 | - | €4,881 | +€4,881 | |
| Financial fixed assets | 28 | €521 | €521 | = | 0.0% |
| Current assets | 29/58 | €486,442 | €373,327 | -€113,115 | -23.3% |
| Stocks and contracts in progress | 3 | €29,212 | €16,496 | -€12,716 | -43.5% |
| Stocks | 30/36 | €18,962 | €14,246 | -€4,716 | -24.9% |
| Contracts in progress | 37 | €10,250 | €2,250 | -€8,000 | -78.0% |
| Amounts receivable within one year | 40/41 | €18,028 | €21,451 | +€3,423 | +19.0% |
| Trade receivables | 40 | €6,560 | €13,591 | +€7,031 | +107% |
| Other amounts receivable | 41 | €11,468 | €7,860 | -€3,608 | -31.5% |
| Current investments | 50/53 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €136,670 | €133,271 | -€3,400 | -2.5% |
| Deferred charges and accrued income | 490/1 | €2,532 | €2,110 | -€421 | -16.6% |
| Total equity and liabilities | 10/49 | €489,310 | €380,474 | -€108,836 | -22.2% |
| Equity | 10/15 | €324,162 | €175,725 | -€148,437 | -45.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €309,162 | €160,725 | -€148,437 | -48.0% |
| Distributable reserves | 133 | €309,162 | €160,725 | -€148,437 | -48.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €165,148 | €204,749 | +€39,601 | +24.0% |
| Amounts payable within one year | 42/48 | €165,148 | €204,749 | +€39,601 | +24.0% |
| Trade debts | 44 | €38,337 | €30,737 | -€7,600 | -19.8% |
| Suppliers | 440/4 | €38,337 | €30,737 | -€7,600 | -19.8% |
| Taxes, remuneration and social security | 45 | €23,762 | €6,897 | -€16,865 | -71.0% |
| Taxes | 450/3 | €20,712 | €3,982 | -€16,730 | -80.8% |
| Remuneration and social security | 454/9 | €3,050 | €2,915 | -€135 | -4.4% |
| Other amounts payable | 47/48 | €103,050 | €167,115 | +€64,065 | +62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €2,362 | +€2,029 | +610% |
| Other operating charges | 640/8 | €1,705 | €1,776 | +€72 | +4.2% |
| Gross operating margin | 9900 | €59,055 | €32,643 | -€26,412 | -44.7% |
| Operating profit (loss) | 9901 | €57,017 | €28,505 | -€28,512 | -50.0% |
| Financial income | 75/76B | €3,894 | €5,529 | +€1,635 | +42.0% |
| Recurring financial income | 75 | €3,894 | €5,529 | +€1,635 | +42.0% |
| Financial charges | 65/66B | €907 | €446 | -€461 | -50.8% |
| Recurring financial charges | 65 | €907 | €446 | -€461 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €60,005 | €33,587 | -€26,417 | -44.0% |
| Income taxes | 67/77 | €18,612 | €12,024 | -€6,588 | -35.4% |
| Profit (loss) for the period | 9904 | €41,392 | €21,563 | -€19,829 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,392 | €21,563 | -€19,829 | -47.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.