't Woefke: 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.
't Woefke
Largest movements
- Cash +€6,841
up €6,841 (+85.7%), from €7,983 to €14,824
mainly Receivables within one year (+€4,611) and Stocks and contracts (+€1,872)
- Receivables within one year -€4,611
down €4,611 (-70.4%), from €6,548 to €1,937
of which Trade receivables: -€6,548
- Stocks and contracts -€1,872
down €1,872 (-39.7%), from €4,714 to €2,842
- Tangible fixed assets +€1,335
up €1,335 (+11.3%), from €11,861 to €13,196
of which Plant, machinery and equipment: +€1,627
- Trade debts +€1,545
new in 2025: €1,545
- Other operating charges +€4,020
up €4,020 (+2,861%), from €141 to €4,161
- Gross operating margin +€2,818
up €2,818 (+94.5%), from €2,981 to €5,799
- Depreciation +€155
up €155 (+12.3%), from €1,260 to €1,415
- Financial income -€86
down €86 (-59.5%), from €145 to €59
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 | €35,245 | €37,018 | +€1,773 | +5.0% |
| Fixed assets | 21/28 | €11,861 | €13,196 | +€1,335 | +11.3% |
| Tangible fixed assets | 22/27 | €11,861 | €13,196 | +€1,335 | +11.3% |
| Land and buildings | 22 | €9,925 | €9,633 | -€292 | -2.9% |
| Plant, machinery and equipment | 23 | €1,936 | €3,563 | +€1,627 | +84.0% |
| Current assets | 29/58 | €23,384 | €23,823 | +€438 | +1.9% |
| Amounts receivable after more than one year | 29 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 291 | €4,000 | €4,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,714 | €2,842 | -€1,872 | -39.7% |
| Stocks | 30/36 | €4,714 | €2,842 | -€1,872 | -39.7% |
| Amounts receivable within one year | 40/41 | €6,548 | €1,937 | -€4,611 | -70.4% |
| Trade receivables | 40 | €6,548 | - | -€6,548 | |
| Other amounts receivable | 41 | - | €1,937 | +€1,937 | |
| Cash at bank and in hand | 54/58 | €7,983 | €14,824 | +€6,841 | +85.7% |
| Deferred charges and accrued income | 490/1 | €140 | €220 | +€80 | +57.1% |
| Total equity and liabilities | 10/49 | €35,245 | €37,018 | +€1,773 | +5.0% |
| Equity | 10/15 | €33,213 | €33,436 | +€223 | +0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €18,953 | €19,176 | +€223 | +1.2% |
| Amounts payable | 17/49 | €2,032 | €3,582 | +€1,550 | +76.3% |
| Amounts payable within one year | 42/48 | €2,032 | €3,582 | +€1,550 | +76.3% |
| Trade debts | 44 | - | €1,545 | +€1,545 | |
| Suppliers | 440/4 | - | €1,545 | +€1,545 | |
| Taxes, remuneration and social security | 45 | €1,955 | €2,038 | +€82 | +4.2% |
| Taxes | 450/3 | €1,955 | €2,038 | +€82 | +4.2% |
| Other amounts payable | 47/48 | €77 | - | -€77 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,260 | €1,415 | +€155 | +12.3% |
| Other operating charges | 640/8 | €141 | €4,161 | +€4,020 | +2,861% |
| Gross operating margin | 9900 | €2,981 | €5,799 | +€2,818 | +94.5% |
| Operating profit (loss) | 9901 | €1,580 | €223 | -€1,358 | -85.9% |
| Financial income | 75/76B | €145 | €59 | -€86 | -59.5% |
| Recurring financial income | 75 | €145 | €59 | -€86 | -59.5% |
| Financial charges | 65/66B | €54 | €59 | +€4 | +8.2% |
| Recurring financial charges | 65 | €54 | €59 | +€4 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €1,671 | €223 | -€1,448 | -86.7% |
| Profit (loss) for the period | 9904 | €1,671 | €223 | -€1,448 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,671 | €223 | -€1,448 | -86.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.