VS WOONPROJECTEN: 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.
VS WOONPROJECTEN
Largest movements
- Receivables within one year +€296,068
up €296,068 (+25.3%), from €1.2m to €1.5m
of which Other amounts receivable: +€296,068
- Stocks and contracts -€253,680
down €253,680 (-13.0%), from €1.9m to €1.7m
- Short-term financial debts -€190,000
down €190,000 (-13.4%), from €1.4m to €1.2m
- Other debts +€85,514
up €85,514 (+6.6%), from €1.3m to €1.4m
- Profit (loss) carried forward +€85,015
up €85,015 (+32.5%), from €261,590 to €346,606
- Reserves +€63,150
up €63,150 (+59.0%), from €107,110 to €170,260
of which Tax-exempt reserves: +€63,150
- Gross operating margin -€123,216
down €123,216 (-32.8%), from €376,224 to €253,008
- Financial charges -€30,602
down €30,602 (-20.2%), from €151,131 to €120,528
- Taxes -€23,450
down €23,450 (-32.7%), from €71,789 to €48,339
- Financial income +€6,692
up €6,692 (+11.5%), from €58,393 to €65,084
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 | €3,115,856 | €3,162,121 | +€46,266 | +1.5% |
| Current assets | 29/58 | €3,115,856 | €3,162,121 | +€46,266 | +1.5% |
| Stocks and contracts in progress | 3 | €1,947,016 | €1,693,336 | -€253,680 | -13.0% |
| Contracts in progress | 37 | €1,947,016 | €1,693,336 | -€253,680 | -13.0% |
| Amounts receivable within one year | 40/41 | €1,168,455 | €1,464,523 | +€296,068 | +25.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,168,455 | €1,464,523 | +€296,068 | +25.3% |
| Cash at bank and in hand | 54/58 | €385 | €4,263 | +€3,878 | +1,007% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,115,856 | €3,162,121 | +€46,266 | +1.5% |
| Equity | 10/15 | €374,900 | €523,066 | +€148,165 | +39.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €107,110 | €170,260 | +€63,150 | +59.0% |
| Tax-exempt reserves | 132 | €105,250 | €168,400 | +€63,150 | +60.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,590 | €346,606 | +€85,015 | +32.5% |
| Amounts payable | 17/49 | €2,740,956 | €2,639,056 | -€101,900 | -3.7% |
| Amounts payable within one year | 42/48 | €2,735,674 | €2,634,952 | -€100,721 | -3.7% |
| Financial debts | 43 | €1,420,838 | €1,230,838 | -€190,000 | -13.4% |
| Credit institutions | 430/8 | €1,420,838 | €1,230,838 | -€190,000 | -13.4% |
| Trade debts | 44 | €4,956 | €22,172 | +€17,215 | +347% |
| Suppliers | 440/4 | €4,956 | €22,172 | +€17,215 | +347% |
| Taxes, remuneration and social security | 45 | €21,789 | €8,339 | -€13,450 | -61.7% |
| Taxes | 450/3 | €21,789 | €8,339 | -€13,450 | -61.7% |
| Other amounts payable | 47/48 | €1,288,090 | €1,373,604 | +€85,514 | +6.6% |
| Accrued charges and deferred income | 492/3 | €5,282 | €4,104 | -€1,178 | -22.3% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | €376,224 | €253,008 | -€123,216 | -32.8% |
| Operating profit (loss) | 9901 | €375,195 | €251,948 | -€123,247 | -32.8% |
| Financial income | 75/76B | €58,393 | €65,084 | +€6,692 | +11.5% |
| Recurring financial income | 75 | €58,393 | €65,084 | +€6,692 | +11.5% |
| Financial charges | 65/66B | €151,131 | €120,528 | -€30,602 | -20.2% |
| Recurring financial charges | 65 | €151,131 | €120,528 | -€30,602 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €282,457 | €196,504 | -€85,953 | -30.4% |
| Income taxes | 67/77 | €71,789 | €48,339 | -€23,450 | -32.7% |
| Profit (loss) for the period | 9904 | €210,668 | €148,165 | -€62,503 | -29.7% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €63,150 | -€42,100 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €105,418 | €85,015 | -€20,403 | -19.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.