WALDBURGER WOUTERS: what changed
What changed
WALDBURGER WOUTERS
filed annual accounts (NBB)
Net result for the year
€17,810
2024 · -€49,984+€67,794
Equity
-€147,339
2024 · -€165,149+€17,810
Cash
€2,567
2024 · €2,568-€2
Balance sheet total
€496,270
2024 · €357,064+€139,206
Largest movements
Assets
- Receivables within one year +€144,412
up €144,412 (+41.5%), from €348,335 to €492,747
of which Trade receivables: +€171,559
Equity and liabilities
- Other debts +€63,748
up €63,748 (+101%), from €63,361 to €127,110
- Trade debts +€48,343
up €48,343 (+47.2%), from €102,411 to €150,754
- Advances received +€17,810
up €17,810 (+8.5%), from €209,365 to €227,176
- Profit (loss) carried forward +€17,810
up €17,810 (+9.6%), from -€185,149 to -€167,339
- Tax, wage and social debts -€8,957
down €8,957 (-43.3%), from €20,703 to €11,746
Income statement
- Gross operating margin +€67,645
up €67,645, from -€48,417 to €19,228
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
-€49,984
Gross operating margin
+€67,645
Depreciation
+€0
Other operating charges
-€70
Financial income
+€1
Financial charges
+€219
Result 2025
€17,810
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
-€453
Investment
€0
Financing
+€451
Cash 2024
€2,568
From operations (derived)
-€453
Net result for the year
+€17,810
Depreciation
+€705
Stocks and contracts
+€4,500
Receivables within one year
-€144,412
Trade debts
+€48,343
Tax, wage and social debts
-€8,957
Advances received
+€17,810
Other debts
+€63,748
Financing
+€451
Short-term financial debts
+€451
Cash 2025
€2,567
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,064 | €496,270 | +€139,206 | +39.0% |
| Fixed assets | 21/28 | €1,661 | €956 | -€705 | -42.4% |
| Tangible fixed assets | 22/27 | €1,661 | €956 | -€705 | -42.4% |
| Furniture and vehicles | 24 | €1,661 | €956 | -€705 | -42.4% |
| Current assets | 29/58 | €355,404 | €495,314 | +€139,910 | +39.4% |
| Stocks and contracts in progress | 3 | €4,500 | - | -€4,500 | |
| Stocks | 30/36 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €348,335 | €492,747 | +€144,412 | +41.5% |
| Trade receivables | 40 | €277,859 | €449,418 | +€171,559 | +61.7% |
| Other amounts receivable | 41 | €70,477 | €43,330 | -€27,147 | -38.5% |
| Cash at bank and in hand | 54/58 | €2,568 | €2,567 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €357,064 | €496,270 | +€139,206 | +39.0% |
| Equity | 10/15 | -€165,149 | -€147,339 | +€17,810 | +10.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,149 | -€167,339 | +€17,810 | +9.6% |
| Amounts payable | 17/49 | €522,213 | €643,609 | +€121,396 | +23.2% |
| Amounts payable after more than one year | 17 | €121,162 | €121,162 | = | 0.0% |
| Financial debts | 170/4 | €79,201 | €79,201 | = | 0.0% |
| Other amounts payable | 178/9 | €41,962 | €41,962 | = | 0.0% |
| Amounts payable within one year | 42/48 | €401,051 | €522,447 | +€121,396 | +30.3% |
| Financial debts | 43 | €5,211 | €5,662 | +€451 | +8.7% |
| Credit institutions | 430/8 | €4,532 | €4,984 | +€451 | +10.0% |
| Other loans | 439 | €679 | €679 | = | 0.0% |
| Trade debts | 44 | €102,411 | €150,754 | +€48,343 | +47.2% |
| Suppliers | 440/4 | €102,411 | €150,754 | +€48,343 | +47.2% |
| Advances received on contracts in progress | 46 | €209,365 | €227,176 | +€17,810 | +8.5% |
| Taxes, remuneration and social security | 45 | €20,703 | €11,746 | -€8,957 | -43.3% |
| Taxes | 450/3 | €20,703 | €11,746 | -€8,957 | -43.3% |
| Other amounts payable | 47/48 | €63,361 | €127,110 | +€63,748 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €705 | -€0 | 0.0% |
| Other operating charges | 640/8 | €175 | €245 | +€70 | +40.3% |
| Gross operating margin | 9900 | -€48,417 | €19,228 | +€67,645 | |
| Operating profit (loss) | 9901 | -€49,296 | €18,278 | +€67,574 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €688 | €469 | -€219 | -31.8% |
| Recurring financial charges | 65 | €688 | €469 | -€219 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,984 | €17,810 | +€67,794 | |
| Profit (loss) for the period | 9904 | -€49,984 | €17,810 | +€67,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,984 | €17,810 | +€67,794 |
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 3 November 2026 via checked.be.