WAUTERS: what changed
Two fiscal 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.
WAUTERS
Largest movements
- Cash +€155,650
up €155,650 (+38.3%), from €405,877 to €561,526
mainly Receivables within one year (+€150,002) and Net result for the year (+€11,509)
- Receivables within one year -€150,002
down €150,002 (-59.4%), from €252,402 to €102,401
of which Other amounts receivable: -€153,500
- Tax, wage and social debts -€14,919
down €14,919 (-69.7%), from €21,412 to €6,493
- Reserves +€11,509
up €11,509 (+2.6%), from €439,341 to €450,850
of which Distributable reserves: +€11,509
- Gross operating margin -€60,069
down €60,069 (-73.2%), from €82,061 to €21,992
- Taxes -€17,036
down €17,036 (-79.6%), from €21,412 to €4,376
- Other operating charges +€3,993
up €3,993 (+362.7%), from €1,101 to €5,093
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.
Cash bridge derived
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 | €663,615 | €666,590 | +€2,976 | +0.4% |
| Fixed assets | 21/28 | €2,663 | €2,663 | = | 0.0% |
| Financial fixed assets | 28 | €2,663 | €2,663 | = | 0.0% |
| Current assets | 29/58 | €660,952 | €663,927 | +€2,976 | +0.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €252,402 | €102,401 | -€150,002 | -59.4% |
| Trade receivables | 40 | €98,902 | €102,401 | +€3,498 | +3.5% |
| Other amounts receivable | 41 | €153,500 | €0 | -€153,500 | -100.0% |
| Cash at bank and in hand | 54/58 | €405,877 | €561,526 | +€155,650 | +38.3% |
| Deferred charges and accrued income | 490/1 | €2,672 | €0 | -€2,672 | -100.0% |
| Total equity and liabilities | 10/49 | €663,615 | €666,590 | +€2,976 | +0.4% |
| Equity | 10/15 | €501,341 | €512,850 | +€11,509 | +2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €439,341 | €450,850 | +€11,509 | +2.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €433,141 | €444,650 | +€11,509 | +2.7% |
| Amounts payable | 17/49 | €162,274 | €153,741 | -€8,533 | -5.3% |
| Amounts payable within one year | 42/48 | €162,274 | €153,741 | -€8,533 | -5.3% |
| Trade debts | 44 | €140,862 | €147,247 | +€6,386 | +4.5% |
| Suppliers | 440/4 | €140,862 | €147,247 | +€6,386 | +4.5% |
| Taxes, remuneration and social security | 45 | €21,412 | €6,493 | -€14,919 | -69.7% |
| Taxes | 450/3 | €21,412 | €6,493 | -€14,919 | -69.7% |
| Non-recurring operating income | 76A | €52,512 | €0 | -€52,512 | -100.0% |
| Other operating charges | 640/8 | €1,101 | €5,093 | +€3,993 | +362.7% |
| Gross operating margin | 9900 | €82,061 | €21,992 | -€60,069 | -73.2% |
| Operating profit (loss) | 9901 | €80,960 | €16,898 | -€64,062 | -79.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €726 | €1,013 | +€287 | +39.5% |
| Recurring financial charges | 65 | €726 | €1,013 | +€287 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €80,234 | €15,885 | -€64,349 | -80.2% |
| Income taxes | 67/77 | €21,412 | €4,376 | -€17,036 | -79.6% |
| Profit (loss) for the period | 9904 | €58,822 | €11,509 | -€47,312 | -80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,822 | €11,509 | -€47,312 | -80.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.