DR. WECKX WOUTER: 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.
DR. WECKX WOUTER
Largest movements
- Cash +€27,041
up €27,041 (+41.0%), from €65,903 to €92,944
mainly Net result for the year (+€87,192) and Other debts (+€21,894)
- Tangible fixed assets -€11,655
down €11,655 (-22.4%), from €51,985 to €40,329
of which Plant, machinery and equipment: -€10,602
- Deferred charges and accrued income +€2,127
up €2,127 (+159%), from €1,334 to €3,461
- Other debts +€21,894
up €21,894 (+33.4%), from €65,562 to €87,456
- Debts after one year -€9,704
down €9,704 (-24.4%), from €39,827 to €30,124
- Tax, wage and social debts +€2,699
up €2,699 (+62.3%), from €4,331 to €7,030
- Trade debts +€1,906
new in 2025: €1,906
- Gross operating margin +€19,191
up €19,191 (+17.5%), from €109,736 to €128,927
- Depreciation +€8,359
up €8,359 (+254%), from €3,297 to €11,655
- Taxes +€2,699
up €2,699 (+12.4%), from €21,831 to €24,530
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 | €119,222 | €136,734 | +€17,512 | +14.7% |
| Fixed assets | 21/28 | €51,985 | €40,329 | -€11,655 | -22.4% |
| Tangible fixed assets | 22/27 | €51,985 | €40,329 | -€11,655 | -22.4% |
| Plant, machinery and equipment | 23 | €49,874 | €39,272 | -€10,602 | -21.3% |
| Furniture and vehicles | 24 | €2,111 | €1,057 | -€1,053 | -49.9% |
| Current assets | 29/58 | €67,237 | €96,405 | +€29,168 | +43.4% |
| Cash at bank and in hand | 54/58 | €65,903 | €92,944 | +€27,041 | +41.0% |
| Deferred charges and accrued income | 490/1 | €1,334 | €3,461 | +€2,127 | +159% |
| Total equity and liabilities | 10/49 | €119,222 | €136,734 | +€17,512 | +14.7% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €119,122 | €136,634 | +€17,512 | +14.7% |
| Amounts payable after more than one year | 17 | €39,827 | €30,124 | -€9,704 | -24.4% |
| Financial debts | 170/4 | €39,827 | €30,124 | -€9,704 | -24.4% |
| Amounts payable within one year | 42/48 | €79,294 | €106,095 | +€26,801 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €9,401 | €9,704 | +€303 | +3.2% |
| Trade debts | 44 | - | €1,906 | +€1,906 | |
| Suppliers | 440/4 | - | €1,906 | +€1,906 | |
| Taxes, remuneration and social security | 45 | €4,331 | €7,030 | +€2,699 | +62.3% |
| Taxes | 450/3 | €4,331 | €7,030 | +€2,699 | +62.3% |
| Other amounts payable | 47/48 | €65,562 | €87,456 | +€21,894 | +33.4% |
| Accrued charges and deferred income | 492/3 | - | €415 | +€415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,297 | €11,655 | +€8,359 | +254% |
| Other operating charges | 640/8 | €779 | €1,391 | +€612 | +78.5% |
| Gross operating margin | 9900 | €109,736 | €128,927 | +€19,191 | +17.5% |
| Operating profit (loss) | 9901 | €105,660 | €115,880 | +€10,220 | +9.7% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €3,881 | €4,158 | +€278 | +7.2% |
| Recurring financial charges | 65 | €3,881 | €4,158 | +€278 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €101,786 | €111,722 | +€9,936 | +9.8% |
| Income taxes | 67/77 | €21,831 | €24,530 | +€2,699 | +12.4% |
| Profit (loss) for the period | 9904 | €79,955 | €87,192 | +€7,237 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,955 | €87,192 | +€7,237 | +9.1% |
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 18 October 2026 via checked.be.