MOUTERIJ WAARSCHOOT: 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.
MOUTERIJ WAARSCHOOT
Largest movements
- Tangible fixed assets +€290,949
up €290,949 (+45.2%), from €644,199 to €935,148
of which Land and buildings: +€229,224
- Cash +€45,003
up €45,003 (+51.2%), from €87,951 to €132,954
mainly Debts after one year (+€173,438) and Net result for the year (+€122,246)
- Receivables within one year -€23,169
down €23,169 (-89.4%), from €25,916 to €2,747
of which Trade receivables: -€23,293
- Debts after one year +€173,438
up €173,438 (+120%), from €144,031 to €317,469
of which Financial debts: +€263,438
- Reserves +€99,246
up €99,246 (+20.7%), from €478,461 to €577,707
- Accrued charges and deferred income -€31,240
down €31,240 (-82.0%), from €38,117 to €6,877
- Current portion of long-term debt +€26,092
up €26,092 (+88.3%), from €29,534 to €55,626
- Trade debts +€17,202
up €17,202 (+415%), from €4,143 to €21,345
- Turnover +€1.0m
new in 2025: €1.0m
- Purchases and services +€595,326
new in 2025: €595,326
- Gross operating margin -€59,679
down €59,679 (-12.2%), from €490,864 to €431,186
- Taxes -€21,523
down €21,523 (-29.9%), from €72,083 to €50,559
- Depreciation +€18,550
up €18,550 (+23.4%), from €79,206 to €97,756
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 | €790,368 | €1,097,902 | +€307,534 | +38.9% |
| Fixed assets | 21/28 | €644,199 | €935,148 | +€290,949 | +45.2% |
| Tangible fixed assets | 22/27 | €644,199 | €935,148 | +€290,949 | +45.2% |
| Land and buildings | 22 | €597,682 | €826,906 | +€229,224 | +38.4% |
| Plant, machinery and equipment | 23 | €27,673 | €34,670 | +€6,997 | +25.3% |
| Furniture and vehicles | 24 | €18,844 | €73,572 | +€54,728 | +290% |
| Current assets | 29/58 | €146,169 | €162,754 | +€16,585 | +11.3% |
| Stocks and contracts in progress | 3 | €19,478 | €14,913 | -€4,565 | -23.4% |
| Stocks | 30/36 | €19,478 | €14,913 | -€4,565 | -23.4% |
| Amounts receivable within one year | 40/41 | €25,916 | €2,747 | -€23,169 | -89.4% |
| Trade receivables | 40 | €23,293 | - | -€23,293 | |
| Other amounts receivable | 41 | €2,623 | €2,747 | +€124 | +4.7% |
| Cash at bank and in hand | 54/58 | €87,951 | €132,954 | +€45,003 | +51.2% |
| Deferred charges and accrued income | 490/1 | €12,824 | €12,140 | -€684 | -5.3% |
| Total equity and liabilities | 10/49 | €790,368 | €1,097,902 | +€307,534 | +38.9% |
| Equity | 10/15 | €529,461 | €628,707 | +€99,246 | +18.7% |
| Contributions | 10/11 | €51,000 | €51,000 | = | 0.0% |
| Reserves | 13 | €478,461 | €577,707 | +€99,246 | +20.7% |
| Distributable reserves | 133 | €478,461 | €577,707 | +€99,246 | +20.7% |
| Amounts payable | 17/49 | €260,906 | €469,195 | +€208,289 | +79.8% |
| Amounts payable after more than one year | 17 | €144,031 | €317,469 | +€173,438 | +120% |
| Financial debts | 170/4 | €54,031 | €317,469 | +€263,438 | +488% |
| Other amounts payable | 178/9 | €90,000 | - | -€90,000 | |
| Amounts payable within one year | 42/48 | €78,759 | €144,849 | +€66,091 | +83.9% |
| Current portion of amounts payable after more than one year | 42 | €29,534 | €55,626 | +€26,092 | +88.3% |
| Trade debts | 44 | €4,143 | €21,345 | +€17,202 | +415% |
| Suppliers | 440/4 | €4,143 | €21,345 | +€17,202 | +415% |
| Taxes, remuneration and social security | 45 | €39,534 | €47,251 | +€7,717 | +19.5% |
| Taxes | 450/3 | €33,371 | €41,879 | +€8,507 | +25.5% |
| Remuneration and social security | 454/9 | €6,163 | €5,372 | -€790 | -12.8% |
| Other amounts payable | 47/48 | €5,547 | €20,627 | +€15,080 | +272% |
| Accrued charges and deferred income | 492/3 | €38,117 | €6,877 | -€31,240 | -82.0% |
| Turnover | 70 | - | €1,001,899 | +€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €595,326 | +€595,326 | |
| Remuneration, social security and pensions | 62 | €146,493 | €150,939 | +€4,446 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,206 | €97,756 | +€18,550 | +23.4% |
| Other operating charges | 640/8 | €4,595 | €1,980 | -€2,615 | -56.9% |
| Gross operating margin | 9900 | €490,864 | €431,186 | -€59,679 | -12.2% |
| Operating profit (loss) | 9901 | €260,570 | €180,510 | -€80,060 | -30.7% |
| Financial income | 75/76B | €50 | €50 | +€0 | +0.8% |
| Recurring financial income | 75 | €50 | €50 | +€0 | +0.8% |
| Financial charges | 65/66B | €17,710 | €7,755 | -€9,955 | -56.2% |
| Recurring financial charges | 65 | €17,710 | €7,755 | -€9,955 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €242,910 | €172,805 | -€70,105 | -28.9% |
| Income taxes | 67/77 | €72,083 | €50,559 | -€21,523 | -29.9% |
| Profit (loss) for the period | 9904 | €170,827 | €122,246 | -€48,582 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €170,827 | €122,246 | -€48,582 | -28.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.