WAUTERS - TAELEMANS: 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.
WAUTERS - TAELEMANS
Largest movements
- Tangible fixed assets -€84,534
down €84,534 (-18.2%), from €465,248 to €380,713
of which Land and buildings: -€74,809
- Stocks and contracts +€50,339
up €50,339 (+1,544%), from €3,261 to €53,600
of which Contracts in progress: +€35,000
- Current investments -€26,643
down €26,643 (-100%), from €26,643 to €0
- Cash +€22,989
up €22,989 (+8.4%), from €273,200 to €296,189
mainly Depreciation (+€80,301) and Current investments (+€26,643)
- Receivables within one year -€22,487
down €22,487 (-16.1%), from €139,831 to €117,344
of which Other amounts receivable: -€23,696
- Other debts -€41,042
down €41,042 (-9.4%), from €436,236 to €395,194
- Debts after one year -€17,538
down €17,538 (-11.2%), from €156,761 to €139,223
- Tax, wage and social debts -€11,808
down €11,808 (-61.1%), from €19,330 to €7,522
of which Remuneration and social security: -€13,501
- Gross operating margin -€26,768
down €26,768 (-6.3%), from €421,613 to €394,845
- Staff costs -€6,116
down €6,116 (-2.6%), from €238,227 to €232,111
- Other operating charges -€4,223
down €4,223 (-38.6%), from €10,937 to €6,714
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 | €911,199 | €850,494 | -€60,705 | -6.7% |
| Fixed assets | 21/28 | €465,248 | €380,713 | -€84,534 | -18.2% |
| Tangible fixed assets | 22/27 | €465,248 | €380,713 | -€84,534 | -18.2% |
| Land and buildings | 22 | €329,281 | €254,472 | -€74,809 | -22.7% |
| Plant, machinery and equipment | 23 | €70,003 | €59,377 | -€10,627 | -15.2% |
| Furniture and vehicles | 24 | €65,964 | €66,865 | +€901 | +1.4% |
| Current assets | 29/58 | €445,951 | €469,781 | +€23,829 | +5.3% |
| Stocks and contracts in progress | 3 | €3,261 | €53,600 | +€50,339 | +1,544% |
| Stocks | 30/36 | €3,261 | €18,600 | +€15,339 | +470% |
| Contracts in progress | 37 | - | €35,000 | +€35,000 | |
| Amounts receivable within one year | 40/41 | €139,831 | €117,344 | -€22,487 | -16.1% |
| Trade receivables | 40 | €82,790 | €83,999 | +€1,209 | +1.5% |
| Other amounts receivable | 41 | €57,040 | €33,345 | -€23,696 | -41.5% |
| Current investments | 50/53 | €26,643 | €0 | -€26,643 | -100% |
| Cash at bank and in hand | 54/58 | €273,200 | €296,189 | +€22,989 | +8.4% |
| Deferred charges and accrued income | 490/1 | €3,016 | €2,648 | -€369 | -12.2% |
| Total equity and liabilities | 10/49 | €911,199 | €850,494 | -€60,705 | -6.7% |
| Equity | 10/15 | €155,326 | €152,257 | -€3,070 | -2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €55,571 | €55,571 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,711 | €53,711 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,555 | €90,485 | -€3,070 | -3.3% |
| Amounts payable | 17/49 | €755,873 | €698,238 | -€57,635 | -7.6% |
| Amounts payable after more than one year | 17 | €156,761 | €139,223 | -€17,538 | -11.2% |
| Financial debts | 170/4 | €156,761 | €139,223 | -€17,538 | -11.2% |
| Amounts payable within one year | 42/48 | €599,112 | €559,014 | -€40,097 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €40,914 | €46,924 | +€6,010 | +14.7% |
| Trade debts | 44 | €102,632 | €109,374 | +€6,742 | +6.6% |
| Suppliers | 440/4 | €102,632 | €109,374 | +€6,742 | +6.6% |
| Taxes, remuneration and social security | 45 | €19,330 | €7,522 | -€11,808 | -61.1% |
| Taxes | 450/3 | €4,354 | €6,048 | +€1,694 | +38.9% |
| Remuneration and social security | 454/9 | €14,975 | €1,474 | -€13,501 | -90.2% |
| Other amounts payable | 47/48 | €436,236 | €395,194 | -€41,042 | -9.4% |
| Remuneration, social security and pensions | 62 | €238,227 | €232,111 | -€6,116 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,024 | €80,301 | +€2,277 | +2.9% |
| Other operating charges | 640/8 | €10,937 | €6,714 | -€4,223 | -38.6% |
| Non-recurring operating charges | 66A | - | €69,467 | +€69,467 | |
| Gross operating margin | 9900 | €421,613 | €394,845 | -€26,768 | -6.3% |
| Operating profit (loss) | 9901 | €94,425 | €6,251 | -€88,174 | -93.4% |
| Financial income | 75/76B | €577 | €941 | +€364 | +63.1% |
| Recurring financial income | 75 | €577 | €941 | +€364 | +63.1% |
| Financial charges | 65/66B | €3,382 | €4,471 | +€1,089 | +32.2% |
| Recurring financial charges | 65 | €3,382 | €4,471 | +€1,089 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €91,619 | €2,720 | -€88,899 | -97.0% |
| Income taxes | 67/77 | €4,300 | €5,790 | +€1,490 | +34.7% |
| Profit (loss) for the period | 9904 | €87,319 | -€3,070 | -€90,389 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,319 | -€3,070 | -€90,389 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.