GROUP 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.
GROUP WUYTS
Largest movements
- Tangible fixed assets +€459,474
up €459,474 (+94.7%), from €485,320 to €944,794
of which Land and buildings: +€449,609
- Cash +€70,687
up €70,687 (+1,610%), from €4,391 to €75,079
mainly Debts after one year (+€416,632) and Net result for the year (+€118,298)
- Receivables within one year +€43,487
up €43,487 (+12.9%), from €336,017 to €379,505
of which Trade receivables: +€22,439
- Stocks and contracts +€40,479
up €40,479 (+37.7%), from €107,405 to €147,885
- Debts after one year +€416,632
up €416,632 (+130%), from €319,318 to €735,950
- Reserves +€323,442
up €323,442 (+9,720%), from €3,328 to €326,769
of which Distributable reserves: +€260,331
- Profit (loss) carried forward -€205,144
down €205,144 (-100%), from €205,144 to €0
- Short-term financial debts +€60,542
up €60,542 (+45.7%), from €132,425 to €192,966
- Tax, wage and social debts -€32,508
down €32,508 (-44.0%), from €73,931 to €41,424
of which Taxes: -€27,594
- Other operating charges +€57,046
up €57,046 (+1,820%), from €3,134 to €60,180
- Taxes -€37,412
down €37,412 (-58.2%), from €64,254 to €26,843
- Financial charges +€30,077
up €30,077 (+172%), from €17,459 to €47,536
- Gross operating margin +€24,523
up €24,523 (+5.2%), from €475,944 to €500,467
- Staff costs +€16,001
up €16,001 (+10.7%), from €149,679 to €165,680
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 | €970,702 | €1,577,863 | +€607,160 | +62.5% |
| Fixed assets | 21/28 | €514,002 | €970,172 | +€456,170 | +88.7% |
| Intangible fixed assets | 21 | €24,693 | €19,778 | -€4,915 | -19.9% |
| Tangible fixed assets | 22/27 | €485,320 | €944,794 | +€459,474 | +94.7% |
| Land and buildings | 22 | €403,184 | €852,793 | +€449,609 | +112% |
| Plant, machinery and equipment | 23 | €12,760 | €39,937 | +€27,177 | +213% |
| Furniture and vehicles | 24 | €65,766 | €52,064 | -€13,702 | -20.8% |
| Leasing and similar rights | 25 | €3,610 | €0 | -€3,610 | -100% |
| Financial fixed assets | 28 | €3,990 | €5,600 | +€1,610 | +40.4% |
| Current assets | 29/58 | €456,700 | €607,691 | +€150,991 | +33.1% |
| Stocks and contracts in progress | 3 | €107,405 | €147,885 | +€40,479 | +37.7% |
| Stocks | 30/36 | €107,405 | €147,885 | +€40,479 | +37.7% |
| Amounts receivable within one year | 40/41 | €336,017 | €379,505 | +€43,487 | +12.9% |
| Trade receivables | 40 | €330,602 | €353,041 | +€22,439 | +6.8% |
| Other amounts receivable | 41 | €5,415 | €26,463 | +€21,048 | +389% |
| Cash at bank and in hand | 54/58 | €4,391 | €75,079 | +€70,687 | +1,610% |
| Deferred charges and accrued income | 490/1 | €8,886 | €5,223 | -€3,663 | -41.2% |
| Total equity and liabilities | 10/49 | €970,702 | €1,577,863 | +€607,160 | +62.5% |
| Equity | 10/15 | €233,472 | €351,769 | +€118,298 | +50.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €3,328 | €326,769 | +€323,442 | +9,720% |
| Tax-exempt reserves | 132 | €39 | €63,150 | +€63,111 | +160,342% |
| Distributable reserves | 133 | €3,288 | €263,619 | +€260,331 | +7,917% |
| Profit (loss) carried forward | 14 | €205,144 | €0 | -€205,144 | -100% |
| Amounts payable | 17/49 | €737,231 | €1,226,094 | +€488,863 | +66.3% |
| Amounts payable after more than one year | 17 | €319,318 | €735,950 | +€416,632 | +130% |
| Financial debts | 170/4 | €319,318 | €735,950 | +€416,632 | +130% |
| Amounts payable within one year | 42/48 | €417,913 | €490,144 | +€72,231 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €61,695 | €71,549 | +€9,854 | +16.0% |
| Financial debts | 43 | €132,425 | €192,966 | +€60,542 | +45.7% |
| Credit institutions | 430/8 | €132,425 | €192,966 | +€60,542 | +45.7% |
| Trade debts | 44 | €149,295 | €168,986 | +€19,692 | +13.2% |
| Suppliers | 440/4 | €149,295 | €168,986 | +€19,692 | +13.2% |
| Advances received on contracts in progress | 46 | €568 | €0 | -€568 | -100% |
| Taxes, remuneration and social security | 45 | €73,931 | €41,424 | -€32,508 | -44.0% |
| Taxes | 450/3 | €51,500 | €23,906 | -€27,594 | -53.6% |
| Remuneration and social security | 454/9 | €22,431 | €17,518 | -€4,914 | -21.9% |
| Other amounts payable | 47/48 | - | €15,219 | +€15,219 | |
| Remuneration, social security and pensions | 62 | €149,679 | €165,680 | +€16,001 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,047 | €87,076 | -€1,971 | -2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,127 | +€2,127 | |
| Other operating charges | 640/8 | €3,134 | €60,180 | +€57,046 | +1,820% |
| Non-recurring operating charges | 66A | - | €12,210 | +€12,210 | |
| Gross operating margin | 9900 | €475,944 | €500,467 | +€24,523 | +5.2% |
| Operating profit (loss) | 9901 | €234,084 | €173,193 | -€60,890 | -26.0% |
| Financial income | 75/76B | €18,569 | €19,483 | +€914 | +4.9% |
| Recurring financial income | 75 | €18,569 | €19,483 | +€914 | +4.9% |
| Financial charges | 65/66B | €17,459 | €47,536 | +€30,077 | +172% |
| Recurring financial charges | 65 | €17,459 | €47,536 | +€30,077 | +172% |
| Profit (loss) for the period before taxes | 9903 | €235,194 | €145,140 | -€90,054 | -38.3% |
| Income taxes | 67/77 | €64,254 | €26,843 | -€37,412 | -58.2% |
| Profit (loss) for the period | 9904 | €170,940 | €118,298 | -€52,642 | -30.8% |
| Transfer from tax-exempt reserves | 789 | - | €39 | +€39 | |
| Transfer to tax-exempt reserves | 689 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €170,940 | €55,187 | -€115,753 | -67.7% |
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 13 October 2026 via checked.be.