GYSSELS 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.
GYSSELS WOUTER
Largest movements
- Tangible fixed assets -€8,118
down €8,118 (-38.9%), from €20,850 to €12,732
of which Furniture and vehicles: -€15,465
- Stocks and contracts +€4,689
up €4,689 (+59.5%), from €7,879 to €12,568
of which Contracts in progress: +€5,520
- Cash +€3,036
up €3,036 (+3.6%), from €83,513 to €86,550
mainly Depreciation (+€17,696) and Trade debts (+€5,623)
- Receivables within one year -€2,945
down €2,945 (-13.8%), from €21,287 to €18,342
of which Other amounts receivable: -€1,651
- Profit (loss) carried forward -€5,925
down €5,925, from €0 to -€5,925
- Trade debts +€5,623
up €5,623 (+81.6%), from €6,891 to €12,514
- Tax, wage and social debts -€2,925
down €2,925 (-100%), from €2,925 to €0
- Gross operating margin -€13,098
down €13,098 (-47.8%), from €27,410 to €14,312
- Taxes -€2,785
down €2,785 (-92.3%), from €3,016 to €231
- Depreciation +€1,307
up €1,307 (+8.0%), from €16,389 to €17,696
- Other operating charges +€784
up €784 (+63.5%), from €1,234 to €2,018
- Financial charges +€587
up €587 (+101%), from €579 to €1,165
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 | €134,613 | €131,386 | -€3,227 | -2.4% |
| Fixed assets | 21/28 | €20,850 | €12,732 | -€8,118 | -38.9% |
| Tangible fixed assets | 22/27 | €20,850 | €12,732 | -€8,118 | -38.9% |
| Land and buildings | 22 | - | €7,771 | +€7,771 | |
| Plant, machinery and equipment | 23 | €477 | €54 | -€423 | -88.8% |
| Furniture and vehicles | 24 | €20,373 | €4,908 | -€15,465 | -75.9% |
| Current assets | 29/58 | €113,763 | €118,654 | +€4,891 | +4.3% |
| Stocks and contracts in progress | 3 | €7,879 | €12,568 | +€4,689 | +59.5% |
| Stocks | 30/36 | €2,682 | €1,851 | -€831 | -31.0% |
| Contracts in progress | 37 | €5,196 | €10,716 | +€5,520 | +106% |
| Amounts receivable within one year | 40/41 | €21,287 | €18,342 | -€2,945 | -13.8% |
| Trade receivables | 40 | €15,320 | €14,026 | -€1,294 | -8.4% |
| Other amounts receivable | 41 | €5,966 | €4,315 | -€1,651 | -27.7% |
| Cash at bank and in hand | 54/58 | €83,513 | €86,550 | +€3,036 | +3.6% |
| Deferred charges and accrued income | 490/1 | €1,085 | €1,195 | +€111 | +10.2% |
| Total equity and liabilities | 10/49 | €134,613 | €131,386 | -€3,227 | -2.4% |
| Equity | 10/15 | €124,648 | €118,722 | -€5,925 | -4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,448 | €118,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €116,588 | €116,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€5,925 | -€5,925 | |
| Amounts payable | 17/49 | €9,966 | €12,664 | +€2,698 | +27.1% |
| Amounts payable within one year | 42/48 | €9,966 | €12,664 | +€2,698 | +27.1% |
| Trade debts | 44 | €6,891 | €12,514 | +€5,623 | +81.6% |
| Suppliers | 440/4 | €6,891 | €12,514 | +€5,623 | +81.6% |
| Taxes, remuneration and social security | 45 | €2,925 | €0 | -€2,925 | -100% |
| Taxes | 450/3 | €2,925 | €0 | -€2,925 | -100% |
| Other amounts payable | 47/48 | €150 | €150 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,389 | €17,696 | +€1,307 | +8.0% |
| Other operating charges | 640/8 | €1,234 | €2,018 | +€784 | +63.5% |
| Gross operating margin | 9900 | €27,410 | €14,312 | -€13,098 | -47.8% |
| Operating profit (loss) | 9901 | €9,787 | -€5,402 | -€15,189 | |
| Financial income | 75/76B | €798 | €873 | +€75 | +9.4% |
| Recurring financial income | 75 | €798 | €873 | +€75 | +9.4% |
| Financial charges | 65/66B | €579 | €1,165 | +€587 | +101% |
| Recurring financial charges | 65 | €579 | €1,165 | +€587 | +101% |
| Profit (loss) for the period before taxes | 9903 | €10,007 | -€5,694 | -€15,701 | |
| Income taxes | 67/77 | €3,016 | €231 | -€2,785 | -92.3% |
| Profit (loss) for the period | 9904 | €6,991 | -€5,925 | -€12,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,991 | -€5,925 | -€12,917 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.