Van de Woestyne: what changed
What changed
Van de Woestyne
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€71,412
2024 · €41,945+€29,466
Equity
€385,329
2024 · €313,917+€71,412
Cash
€74,510
2024 · €81,684-€7,174
Balance sheet total
€823,789
2024 · €864,954-€41,165
Largest movements
Assets
- Tangible fixed assets -€21,822
down €21,822 (-4.8%), from €449,960 to €428,138
of which Land and buildings: -€16,007
- Stocks and contracts -€14,079
down €14,079 (-7.9%), from €177,173 to €163,094
Equity and liabilities
- Reserves +€71,412
up €71,412 (+46.4%), from €153,917 to €225,329
of which Distributable reserves: +€71,412
- Debts after one year -€61,716
down €61,716 (-48.4%), from €127,553 to €65,836
- Trade debts -€31,135
down €31,135 (-13.6%), from €229,327 to €198,193
- Other debts -€11,171
down €11,171 (-13.3%), from €83,975 to €72,804
- Tax, wage and social debts -€8,718
down €8,718 (-18.5%), from €47,117 to €38,399
of which Remuneration and social security: -€8,832
Income statement
- Depreciation -€12,047
down €12,047 (-12.6%), from €95,465 to €83,417
- Staff costs -€7,612
down €7,612 (-3.6%), from €213,410 to €205,798
- Financial charges -€5,923
down €5,923 (-19.5%), from €30,300 to €24,378
- Gross operating margin +€4,546
up €4,546 (+1.2%), from €384,463 to €389,009
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.
Result 2024
€41,945
Gross operating margin
+€4,546
Staff costs
+€7,612
Depreciation
+€12,047
Other operating charges
-€411
Financial income
-€244
Financial charges
+€5,923
Taxes
-€7
Result 2025
€71,412
raises the resultlowers the result
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.
From operations
+€115,894
Investment
-€61,459
Financing
-€61,609
Cash 2024
€81,684
From operations (derived)
+€115,894
Net result for the year
+€71,412
Depreciation
+€83,417
Stocks and contracts
+€14,079
Receivables within one year
-€2,212
Smaller working-capital items
+€221
Trade debts
-€31,135
Tax, wage and social debts
-€8,718
Other debts
-€11,171
Investment (derived)
-€61,459
Investment in fixed assets (net)
-€61,595
Current investments
+€136
Financing
-€61,609
Debts after one year
-€61,716
Current portion of long-term debt
+€108
Cash 2025
€74,510
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €864,954 | €823,789 | -€41,165 | -4.8% |
| Fixed assets | 21/28 | €449,960 | €428,138 | -€21,822 | -4.8% |
| Tangible fixed assets | 22/27 | €449,960 | €428,138 | -€21,822 | -4.8% |
| Land and buildings | 22 | €318,409 | €302,403 | -€16,007 | -5.0% |
| Plant, machinery and equipment | 23 | €124,473 | €112,280 | -€12,194 | -9.8% |
| Other tangible fixed assets | 26 | €7,078 | €13,456 | +€6,378 | +90.1% |
| Current assets | 29/58 | €414,994 | €395,651 | -€19,343 | -4.7% |
| Stocks and contracts in progress | 3 | €177,173 | €163,094 | -€14,079 | -7.9% |
| Stocks | 30/36 | €177,173 | €163,094 | -€14,079 | -7.9% |
| Amounts receivable within one year | 40/41 | €145,907 | €148,119 | +€2,212 | +1.5% |
| Trade receivables | 40 | €105,454 | €102,256 | -€3,198 | -3.0% |
| Other amounts receivable | 41 | €40,453 | €45,863 | +€5,410 | +13.4% |
| Current investments | 50/53 | €8,147 | €8,011 | -€136 | -1.7% |
| Cash at bank and in hand | 54/58 | €81,684 | €74,510 | -€7,174 | -8.8% |
| Deferred charges and accrued income | 490/1 | €2,082 | €1,917 | -€165 | -7.9% |
| Total equity and liabilities | 10/49 | €864,954 | €823,789 | -€41,165 | -4.8% |
| Equity | 10/15 | €313,917 | €385,329 | +€71,412 | +22.7% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €153,917 | €225,329 | +€71,412 | +46.4% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €137,917 | €209,329 | +€71,412 | +51.8% |
| Amounts payable | 17/49 | €551,037 | €438,460 | -€112,576 | -20.4% |
| Amounts payable after more than one year | 17 | €127,553 | €65,836 | -€61,716 | -48.4% |
| Financial debts | 170/4 | €127,553 | €65,836 | -€61,716 | -48.4% |
| Amounts payable within one year | 42/48 | €422,028 | €371,111 | -€50,916 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €61,609 | €61,716 | +€108 | +0.2% |
| Trade debts | 44 | €229,327 | €198,193 | -€31,135 | -13.6% |
| Suppliers | 440/4 | €229,327 | €198,193 | -€31,135 | -13.6% |
| Taxes, remuneration and social security | 45 | €47,117 | €38,399 | -€8,718 | -18.5% |
| Taxes | 450/3 | €2,155 | €2,269 | +€114 | +5.3% |
| Remuneration and social security | 454/9 | €44,961 | €36,129 | -€8,832 | -19.6% |
| Other amounts payable | 47/48 | €83,975 | €72,804 | -€11,171 | -13.3% |
| Accrued charges and deferred income | 492/3 | €1,456 | €1,513 | +€56 | +3.9% |
| Remuneration, social security and pensions | 62 | €213,410 | €205,798 | -€7,612 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,465 | €83,417 | -€12,047 | -12.6% |
| Other operating charges | 640/8 | €7,852 | €8,262 | +€411 | +5.2% |
| Gross operating margin | 9900 | €384,463 | €389,009 | +€4,546 | +1.2% |
| Operating profit (loss) | 9901 | €67,737 | €91,532 | +€23,795 | +35.1% |
| Financial income | 75/76B | €4,925 | €4,681 | -€244 | -5.0% |
| Recurring financial income | 75 | €4,925 | €4,681 | -€244 | -5.0% |
| Financial charges | 65/66B | €30,300 | €24,378 | -€5,923 | -19.5% |
| Recurring financial charges | 65 | €30,300 | €24,378 | -€5,923 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €42,362 | €71,835 | +€29,474 | +69.6% |
| Income taxes | 67/77 | €416 | €423 | +€7 | +1.7% |
| Profit (loss) for the period | 9904 | €41,945 | €71,412 | +€29,466 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,945 | €71,412 | +€29,466 | +70.2% |
Next steps
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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.