THEUWIS: 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.
THEUWIS
Largest movements
- Tangible fixed assets -€20,742
down €20,742 (-15.5%), from €134,096 to €113,354
of which Land and buildings: -€15,265
- Cash -€11,930
down €11,930 (-79.2%), from €15,066 to €3,136
mainly Contributions, distributions and other (-€17,705) and Accrued charges and deferred income (-€12,978)
- Contributions -€92,359
down €92,359 (-63.1%), from €146,450 to €54,092
- Profit (loss) carried forward +€74,654
no longer reported in 2025 (was -€74,654)
- Accrued charges and deferred income -€12,978
down €12,978 (-79.6%), from €16,296 to €3,319
- Trade debts -€9,094
down €9,094 (-71.5%), from €12,720 to €3,625
- Other debts +€7,688
new in 2025: €7,688
- Other operating charges +€5,427
up €5,427 (+57.0%), from €9,526 to €14,953
- Depreciation -€4,961
down €4,961 (-19.3%), from €25,703 to €20,742
- Taxes +€3,535
up €3,535 (+92.8%), from €3,811 to €7,346
- Financial charges -€1,419
down €1,419 (-71.5%), from €1,986 to €567
- Gross operating margin +€1,121
up €1,121 (+2.6%), from €43,804 to €44,924
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 | €149,208 | €116,535 | -€32,673 | -21.9% |
| Fixed assets | 21/28 | €134,141 | €113,399 | -€20,742 | -15.5% |
| Tangible fixed assets | 22/27 | €134,096 | €113,354 | -€20,742 | -15.5% |
| Land and buildings | 22 | €121,252 | €105,987 | -€15,265 | -12.6% |
| Furniture and vehicles | 24 | €12,844 | €7,367 | -€5,477 | -42.6% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €15,066 | €3,136 | -€11,930 | -79.2% |
| Cash at bank and in hand | 54/58 | €15,066 | €3,136 | -€11,930 | -79.2% |
| Total equity and liabilities | 10/49 | €149,208 | €116,535 | -€32,673 | -21.9% |
| Equity | 10/15 | €92,359 | €79,729 | -€12,629 | -13.7% |
| Contributions | 10/11 | €146,450 | €54,092 | -€92,359 | -63.1% |
| Reserves | 13 | €20,562 | €25,638 | +€5,076 | +24.7% |
| Tax-exempt reserves | 132 | €20,562 | €13,261 | -€7,301 | -35.5% |
| Distributable reserves | 133 | - | €12,377 | +€12,377 | |
| Profit (loss) carried forward | 14 | -€74,654 | - | +€74,654 | |
| Provisions and deferred taxes | 16 | €10,588 | €6,828 | -€3,760 | -35.5% |
| Deferred taxes | 168 | €10,588 | €6,828 | -€3,760 | -35.5% |
| Amounts payable | 17/49 | €46,261 | €29,977 | -€16,284 | -35.2% |
| Amounts payable after more than one year | 17 | €8,000 | €2,511 | -€5,489 | -68.6% |
| Financial debts | 170/4 | €7,330 | €1,842 | -€5,489 | -74.9% |
| Other amounts payable | 178/9 | €669 | €669 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,965 | €24,148 | +€2,182 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €5,435 | €5,489 | +€54 | +1.0% |
| Trade debts | 44 | €12,720 | €3,625 | -€9,094 | -71.5% |
| Suppliers | 440/4 | €12,720 | €3,625 | -€9,094 | -71.5% |
| Taxes, remuneration and social security | 45 | €3,811 | €7,346 | +€3,535 | +92.8% |
| Taxes | 450/3 | €3,811 | €7,346 | +€3,535 | +92.8% |
| Other amounts payable | 47/48 | - | €7,688 | +€7,688 | |
| Accrued charges and deferred income | 492/3 | €16,296 | €3,319 | -€12,978 | -79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,703 | €20,742 | -€4,961 | -19.3% |
| Other operating charges | 640/8 | €9,526 | €14,953 | +€5,427 | +57.0% |
| Gross operating margin | 9900 | €43,804 | €44,924 | +€1,121 | +2.6% |
| Operating profit (loss) | 9901 | €8,574 | €9,229 | +€655 | +7.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,986 | €567 | -€1,419 | -71.5% |
| Recurring financial charges | 65 | €1,986 | €567 | -€1,419 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €6,589 | €8,662 | +€2,073 | +31.5% |
| Transfer from deferred taxes | 780 | €3,760 | €3,760 | = | 0.0% |
| Income taxes | 67/77 | €3,811 | €7,346 | +€3,535 | +92.8% |
| Profit (loss) for the period | 9904 | €6,538 | €5,076 | -€1,462 | -22.4% |
| Transfer from tax-exempt reserves | 789 | €7,301 | €7,301 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,839 | €12,377 | -€1,462 | -10.6% |
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 19 October 2026 via checked.be.