Weyn’s Honing: 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.
What changed
Weyn’s Honing
NACE 46.389, Wholesale of other food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2.4m
2024 · €18,142-€2.5m
Equity
€1.9m
2024 · €2.2m-€272,873
Cash
€5,880
2024 · €67,897-€62,017
Balance sheet total
€6.0m
2024 · €6.2m-€210,067
Largest movements
Assets
- Tangible fixed assets +€2.1m
up €2.1m (+91.7%), from €2.3m to €4.4m
of which Land and buildings: +€2.2m
- Stocks and contracts -€1.3m
down €1.3m (-76.7%), from €1.7m to €393,171
- Formation expenses -€680,283
no longer reported in 2025 (was €680,283)
- Receivables within one year -€179,980
down €179,980 (-17.1%), from €1.1m to €873,851
of which Trade receivables: -€205,274
- Intangible fixed assets -€75,000
down €75,000 (-16.7%), from €450,000 to €375,000
Equity and liabilities
- Profit (loss) carried forward -€2.4m
down €2.4m (-3,051%), from -€79,894 to -€2.5m
- Revaluation surpluses +€2.2m
up €2.2m (+111%), from €1.9m to €4.1m
- Tax, wage and social debts +€223,475
up €223,475 (+439%), from €50,883 to €274,358
of which Taxes: +€124,405
- Trade debts -€101,598
down €101,598 (-21.8%), from €466,342 to €364,744
Income statement
- Write-downs +€911,224
up €911,224 (+616%), from €147,962 to €1.1m
- Gross operating margin -€315,374
down €315,374 (-49.3%), from €640,133 to €324,759
- Depreciation +€146,048
up €146,048 (+85.4%), from €170,969 to €317,017
- Financial charges +€98,320
up €98,320 (+83.4%), from €117,881 to €216,201
- Staff costs +€66,900
up €66,900 (+13.7%), from €487,127 to €554,027
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.
Result 2024
€18,142
Gross operating margin
-€315,374
Staff costs
-€66,900
Depreciation
-€146,048
Write-downs
-€911,224
Other operating charges
+€5,072
Other operating items
-€894,926
Financial income
+€63
Financial charges
-€98,320
Taxes
-€27,958
Result 2025
-€2.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€529,729
Investment
-€1.6m
Financing
+€2.1m
Cash 2024
€67,897
From operations (derived)
-€529,729
Net result for the year
-€2.4m
Depreciation
+€317,017
Stocks and contracts
+€1.3m
Receivables within one year
+€179,980
Deferred charges and accrued income
+€800
Trade debts
-€101,598
Tax, wage and social debts
+€223,475
Other debts
+€7,149
Accrued charges and deferred income
-€12,328
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Current investments
-€10,297
Financing
+€2.1m
Debts after one year
-€28,199
Current portion of long-term debt
-€25,693
Contributions, distributions and other
+€2.2m
Cash 2025
€5,880
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,242,890 | €6,032,823 | -€210,067 | -3.4% |
| Formation expenses | 20 | €680,283 | - | -€680,283 | |
| Fixed assets | 21/28 | €2,753,659 | €4,749,624 | +€2.0m | +72.5% |
| Intangible fixed assets | 21 | €450,000 | €375,000 | -€75,000 | -16.7% |
| Tangible fixed assets | 22/27 | €2,281,959 | €4,374,624 | +€2.1m | +91.7% |
| Land and buildings | 22 | €1,922,787 | €4,075,700 | +€2.2m | +112% |
| Plant, machinery and equipment | 23 | €340,215 | €290,215 | -€50,000 | -14.7% |
| Furniture and vehicles | 24 | €6,322 | €8,709 | +€2,387 | +37.8% |
| Other tangible fixed assets | 26 | €12,635 | - | -€12,635 | |
| Financial fixed assets | 28 | €21,700 | - | -€21,700 | |
| Current assets | 29/58 | €2,808,948 | €1,283,199 | -€1.5m | -54.3% |
| Stocks and contracts in progress | 3 | €1,686,420 | €393,171 | -€1.3m | -76.7% |
| Stocks | 30/36 | €1,686,420 | €393,171 | -€1.3m | -76.7% |
| Amounts receivable within one year | 40/41 | €1,053,831 | €873,851 | -€179,980 | -17.1% |
| Trade receivables | 40 | €468,339 | €263,065 | -€205,274 | -43.8% |
| Other amounts receivable | 41 | €585,492 | €610,786 | +€25,294 | +4.3% |
| Current investments | 50/53 | - | €10,297 | +€10,297 | |
| Cash at bank and in hand | 54/58 | €67,897 | €5,880 | -€62,017 | -91.3% |
| Deferred charges and accrued income | 490/1 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €6,242,890 | €6,032,823 | -€210,067 | -3.4% |
| Equity | 10/15 | €2,180,491 | €1,907,618 | -€272,873 | -12.5% |
| Contributions | 10/11 | €204,000 | €204,000 | = | 0.0% |
| Capital | 10 | €204,000 | €204,000 | = | 0.0% |
| Issued capital | 100 | €204,000 | €204,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,945,400 | €4,110,000 | +€2.2m | +111% |
| Reserves | 13 | €110,985 | €110,985 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,327 | €20,327 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,327 | €20,327 | = | 0.0% |
| Distributable reserves | 133 | €90,658 | €90,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,894 | -€2,517,367 | -€2.4m | -3,051% |
| Amounts payable | 17/49 | €4,062,399 | €4,125,205 | +€62,806 | +1.5% |
| Amounts payable after more than one year | 17 | €539,864 | €511,665 | -€28,199 | -5.2% |
| Financial debts | 170/4 | €539,864 | €511,665 | -€28,199 | -5.2% |
| Amounts payable within one year | 42/48 | €2,258,206 | €2,361,539 | +€103,333 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €38,778 | €13,085 | -€25,693 | -66.3% |
| Trade debts | 44 | €466,342 | €364,744 | -€101,598 | -21.8% |
| Suppliers | 440/4 | €466,342 | €364,744 | -€101,598 | -21.8% |
| Taxes, remuneration and social security | 45 | €50,883 | €274,358 | +€223,475 | +439% |
| Taxes | 450/3 | €16,231 | €140,636 | +€124,405 | +766% |
| Remuneration and social security | 454/9 | €34,652 | €133,722 | +€99,070 | +286% |
| Other amounts payable | 47/48 | €1,702,203 | €1,709,352 | +€7,149 | +0.4% |
| Accrued charges and deferred income | 492/3 | €1,264,329 | €1,252,001 | -€12,328 | -1.0% |
| Remuneration, social security and pensions | 62 | €487,127 | €554,027 | +€66,900 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,969 | €317,017 | +€146,048 | +85.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €147,962 | €1,059,186 | +€911,224 | +616% |
| Other operating charges | 640/8 | €48,787 | €43,715 | -€5,072 | -10.4% |
| Operating charges capitalised as restructuring costs | 649 | -€680,283 | - | +€680,283 | |
| Non-recurring operating charges | 66A | €329,583 | €544,226 | +€214,643 | +65.1% |
| Gross operating margin | 9900 | €640,133 | €324,759 | -€315,374 | -49.3% |
| Operating profit (loss) | 9901 | €135,988 | -€2,193,412 | -€2.3m | |
| Financial income | 75/76B | €35 | €98 | +€63 | +180% |
| Recurring financial income | 75 | €35 | €98 | +€63 | +180% |
| Financial charges | 65/66B | €117,881 | €216,201 | +€98,320 | +83.4% |
| Recurring financial charges | 65 | €117,881 | €216,201 | +€98,320 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | €18,142 | -€2,409,515 | -€2.4m | |
| Income taxes | 67/77 | - | €27,958 | +€27,958 | |
| Profit (loss) for the period | 9904 | €18,142 | -€2,437,473 | -€2.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €18,142 | -€2,437,473 | -€2.5m |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.