MT WIJNDAELE: 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.
MT WIJNDAELE
Largest movements
- Cash -€78,529
down €78,529 (-60.9%), from €129,022 to €50,492
mainly Other debts (-€64,460) and Contributions, distributions and other (-€35,913)
- Receivables within one year -€21,360
down €21,360 (-93.9%), from €22,746 to €1,386
of which Trade receivables: -€12,486
- Tangible fixed assets -€4,439
down €4,439 (-29.8%), from €14,918 to €10,479
of which Other tangible fixed assets: -€2,548
- Deferred charges and accrued income +€3,756
up €3,756 (+133%), from €2,827 to €6,583
- Other debts -€64,460
down €64,460 (-75.2%), from €85,772 to €21,312
- Profit (loss) carried forward -€14,877
down €14,877 (-41.4%), from €35,913 to €21,036
- Tax, wage and social debts -€12,599
down €12,599 (-77.7%), from €16,211 to €3,612
- Trade debts -€8,638
down €8,638 (-89.5%), from €9,648 to €1,010
- Depreciation +€2,874
up €2,874 (+112%), from €2,556 to €5,429
- Gross operating margin +€1,266
up €1,266 (+3.3%), from €38,215 to €39,481
- Taxes +€971
up €971 (+12.7%), from €7,648 to €8,619
- Financial charges +€439
up €439 (+14.2%), from €3,088 to €3,527
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 | €169,513 | €68,941 | -€100,572 | -59.3% |
| Fixed assets | 21/28 | €14,918 | €10,479 | -€4,439 | -29.8% |
| Tangible fixed assets | 22/27 | €14,918 | €10,479 | -€4,439 | -29.8% |
| Furniture and vehicles | 24 | €5,730 | €3,838 | -€1,892 | -33.0% |
| Other tangible fixed assets | 26 | €9,188 | €6,640 | -€2,548 | -27.7% |
| Current assets | 29/58 | €154,595 | €58,462 | -€96,133 | -62.2% |
| Amounts receivable within one year | 40/41 | €22,746 | €1,386 | -€21,360 | -93.9% |
| Trade receivables | 40 | €12,486 | - | -€12,486 | |
| Other amounts receivable | 41 | €10,260 | €1,386 | -€8,873 | -86.5% |
| Cash at bank and in hand | 54/58 | €129,022 | €50,492 | -€78,529 | -60.9% |
| Deferred charges and accrued income | 490/1 | €2,827 | €6,583 | +€3,756 | +133% |
| Total equity and liabilities | 10/49 | €169,513 | €68,941 | -€100,572 | -59.3% |
| Equity | 10/15 | €56,318 | €41,441 | -€14,877 | -26.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,913 | €21,036 | -€14,877 | -41.4% |
| Amounts payable | 17/49 | €113,195 | €27,500 | -€85,695 | -75.7% |
| Amounts payable within one year | 42/48 | €111,632 | €25,934 | -€85,697 | -76.8% |
| Trade debts | 44 | €9,648 | €1,010 | -€8,638 | -89.5% |
| Suppliers | 440/4 | €9,648 | €1,010 | -€8,638 | -89.5% |
| Taxes, remuneration and social security | 45 | €16,211 | €3,612 | -€12,599 | -77.7% |
| Taxes | 450/3 | €16,211 | €3,612 | -€12,599 | -77.7% |
| Other amounts payable | 47/48 | €85,772 | €21,312 | -€64,460 | -75.2% |
| Accrued charges and deferred income | 492/3 | €1,564 | €1,566 | +€2 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,556 | €5,429 | +€2,874 | +112% |
| Other operating charges | 640/8 | €1,030 | €868 | -€162 | -15.8% |
| Non-recurring operating charges | 66A | €620 | €7 | -€613 | -98.9% |
| Gross operating margin | 9900 | €38,215 | €39,481 | +€1,266 | +3.3% |
| Operating profit (loss) | 9901 | €34,009 | €33,177 | -€832 | -2.4% |
| Financial income | 75/76B | €0 | €5 | +€5 | +54,100% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +54,100% |
| Financial charges | 65/66B | €3,088 | €3,527 | +€439 | +14.2% |
| Recurring financial charges | 65 | €3,088 | €3,527 | +€439 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €30,920 | €29,655 | -€1,266 | -4.1% |
| Income taxes | 67/77 | €7,648 | €8,619 | +€971 | +12.7% |
| Profit (loss) for the period | 9904 | €23,273 | €21,036 | -€2,237 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,273 | €21,036 | -€2,237 | -9.6% |
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 19 October 2026 via checked.be.