TABAKKEN WOUTERS: what changed
TABAKKEN WOUTERS
Largest movements
- Stocks and contracts +€320,300
up €320,300 (+325%), from €98,504 to €418,805
- Receivables within one year -€285,275
down €285,275 (-48.2%), from €591,547 to €306,272
of which Other amounts receivable: -€282,212
- Tangible fixed assets +€54,124
up €54,124 (+157%), from €34,413 to €88,537
of which Furniture and vehicles: +€55,101
- Cash -€24,511
down €24,511 (-87.2%), from €28,114 to €3,603
mainly Stocks and contracts (-€320,300) and Investment in fixed assets (net) (-€67,167)
- Other debts +€85,419
up €85,419 (+84.9%), from €100,577 to €185,995
- Profit (loss) carried forward -€29,484
down €29,484 (-17.6%), from €167,850 to €138,366
- Debts after one year +€15,867
new in 2025: €15,867
- Trade debts -€13,611
down €13,611 (-83.2%), from €16,365 to €2,755
- Gross operating margin -€22,436
down €22,436 (-288%), from -€7,800 to -€30,236
- Depreciation +€5,052
up €5,052 (+63.2%), from €7,992 to €13,044
- Financial income -€4,830
down €4,830 (-24.2%), from €19,919 to €15,089
- Other operating charges -€4,830
down €4,830 (-91.1%), from €5,302 to €472
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €987,578 | €1,052,217 | +€64,639 | +6.5% |
| Fixed assets | 21/28 | €34,413 | €88,537 | +€54,124 | +157% |
| Tangible fixed assets | 22/27 | €34,413 | €88,537 | +€54,124 | +157% |
| Plant, machinery and equipment | 23 | €7,997 | €7,020 | -€978 | -12.2% |
| Furniture and vehicles | 24 | €26,416 | €81,517 | +€55,101 | +209% |
| Current assets | 29/58 | €953,165 | €963,680 | +€10,515 | +1.1% |
| Stocks and contracts in progress | 3 | €98,504 | €418,805 | +€320,300 | +325% |
| Stocks | 30/36 | €98,504 | €418,805 | +€320,300 | +325% |
| Amounts receivable within one year | 40/41 | €591,547 | €306,272 | -€285,275 | -48.2% |
| Trade receivables | 40 | €14,974 | €11,912 | -€3,063 | -20.5% |
| Other amounts receivable | 41 | €576,572 | €294,360 | -€282,212 | -48.9% |
| Current investments | 50/53 | €235,000 | €235,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,114 | €3,603 | -€24,511 | -87.2% |
| Total equity and liabilities | 10/49 | €987,578 | €1,052,217 | +€64,639 | +6.5% |
| Equity | 10/15 | €802,305 | €772,822 | -€29,484 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €615,856 | €615,856 | = | 0.0% |
| Tax-exempt reserves | 132 | €204,992 | €204,992 | = | 0.0% |
| Distributable reserves | 133 | €410,863 | €410,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,850 | €138,366 | -€29,484 | -17.6% |
| Provisions and deferred taxes | 16 | €68,331 | €68,331 | = | 0.0% |
| Deferred taxes | 168 | €68,331 | €68,331 | = | 0.0% |
| Amounts payable | 17/49 | €116,942 | €211,064 | +€94,122 | +80.5% |
| Amounts payable after more than one year | 17 | - | €15,867 | +€15,867 | |
| Financial debts | 170/4 | - | €15,867 | +€15,867 | |
| Amounts payable within one year | 42/48 | €116,942 | €195,197 | +€78,255 | +66.9% |
| Current portion of amounts payable after more than one year | 42 | - | €6,447 | +€6,447 | |
| Trade debts | 44 | €16,365 | €2,755 | -€13,611 | -83.2% |
| Suppliers | 440/4 | €16,365 | €2,755 | -€13,611 | -83.2% |
| Other amounts payable | 47/48 | €100,577 | €185,995 | +€85,419 | +84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,992 | €13,044 | +€5,052 | +63.2% |
| Other operating charges | 640/8 | €5,302 | €472 | -€4,830 | -91.1% |
| Gross operating margin | 9900 | -€7,800 | -€30,236 | -€22,436 | -288% |
| Operating profit (loss) | 9901 | -€21,094 | -€43,752 | -€22,658 | -107% |
| Financial income | 75/76B | €19,919 | €15,089 | -€4,830 | -24.2% |
| Recurring financial income | 75 | €19,919 | €15,089 | -€4,830 | -24.2% |
| Financial charges | 65/66B | €609 | €821 | +€212 | +34.7% |
| Recurring financial charges | 65 | €609 | €821 | +€212 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,784 | -€29,484 | -€27,700 | -1,553% |
| Profit (loss) for the period | 9904 | -€1,784 | -€29,484 | -€27,700 | -1,553% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,784 | -€29,484 | -€27,700 | -1,553% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.