WIJNEN MAENHOUT: 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.
WIJNEN MAENHOUT
Largest movements
- Receivables within one year -€174,761
down €174,761 (-35.5%), from €492,576 to €317,814
of which Other amounts receivable: -€142,569
- Cash +€112,076
up €112,076 (+210%), from €53,471 to €165,547
mainly Receivables within one year (+€174,761) and Short-term financial debts (+€49,651)
- Stocks and contracts +€17,709
up €17,709 (+2.7%), from €661,568 to €679,277
- Accrued charges and deferred income -€85,699
down €85,699 (-24.0%), from €356,727 to €271,027
- Short-term financial debts +€49,651
up €49,651 (+19.9%), from €249,174 to €298,825
- Gross operating margin -€55,490
down €55,490 (-47.8%), from €116,075 to €60,585
- Taxes -€17,454
down €17,454 (-89.7%), from €19,460 to €2,006
- Write-downs +€9,972
up €9,972 (+98.7%), from -€10,104 to -€132
- Financial charges +€3,720
up €3,720 (+42.6%), from €8,726 to €12,446
of which Financial charges: +€3,080
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 | €1,256,570 | €1,196,302 | -€60,269 | -4.8% |
| Fixed assets | 21/28 | €45,299 | €33,631 | -€11,668 | -25.8% |
| Tangible fixed assets | 22/27 | €45,250 | €33,582 | -€11,668 | -25.8% |
| Plant, machinery and equipment | 23 | €10,744 | €8,108 | -€2,636 | -24.5% |
| Furniture and vehicles | 24 | €7,633 | €5,546 | -€2,086 | -27.3% |
| Other tangible fixed assets | 26 | €26,873 | €19,927 | -€6,946 | -25.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,211,271 | €1,162,670 | -€48,601 | -4.0% |
| Stocks and contracts in progress | 3 | €661,568 | €679,277 | +€17,709 | +2.7% |
| Stocks | 30/36 | €661,568 | €679,277 | +€17,709 | +2.7% |
| Amounts receivable within one year | 40/41 | €492,576 | €317,814 | -€174,761 | -35.5% |
| Trade receivables | 40 | €97,607 | €65,415 | -€32,192 | -33.0% |
| Other amounts receivable | 41 | €394,969 | €252,399 | -€142,569 | -36.1% |
| Cash at bank and in hand | 54/58 | €53,471 | €165,547 | +€112,076 | +210% |
| Deferred charges and accrued income | 490/1 | €3,657 | €33 | -€3,624 | -99.1% |
| Total equity and liabilities | 10/49 | €1,256,570 | €1,196,302 | -€60,269 | -4.8% |
| Equity | 10/15 | €561,645 | €555,227 | -€6,418 | -1.1% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €438,278 | €438,278 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,700 | €24,700 | = | 0.0% |
| Legal reserve | 130 | €24,700 | €24,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,078 | €35,078 | = | 0.0% |
| Distributable reserves | 133 | €378,500 | €378,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,366 | -€3,052 | -€6,418 | |
| Amounts payable | 17/49 | €694,926 | €641,075 | -€53,851 | -7.7% |
| Amounts payable within one year | 42/48 | €338,199 | €370,047 | +€31,848 | +9.4% |
| Financial debts | 43 | €249,174 | €298,825 | +€49,651 | +19.9% |
| Credit institutions | 430/8 | €249,174 | €298,825 | +€49,651 | +19.9% |
| Trade debts | 44 | €72,707 | €62,000 | -€10,707 | -14.7% |
| Suppliers | 440/4 | €72,707 | €62,000 | -€10,707 | -14.7% |
| Taxes, remuneration and social security | 45 | €14,285 | €7,190 | -€7,096 | -49.7% |
| Taxes | 450/3 | €14,285 | €7,190 | -€7,096 | -49.7% |
| Other amounts payable | 47/48 | €2,033 | €2,033 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €356,727 | €271,027 | -€85,699 | -24.0% |
| Remuneration, social security and pensions | 62 | €30,048 | €30,294 | +€246 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,777 | €14,474 | +€697 | +5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,104 | -€132 | +€9,972 | +98.7% |
| Other operating charges | 640/8 | €8,857 | €8,341 | -€516 | -5.8% |
| Gross operating margin | 9900 | €116,075 | €60,585 | -€55,490 | -47.8% |
| Operating profit (loss) | 9901 | €73,497 | €7,608 | -€65,889 | -89.6% |
| Financial income | 75/76B | €968 | €426 | -€542 | -56.0% |
| Recurring financial income | 75 | €968 | €426 | -€542 | -56.0% |
| Non-recurring financial income | 76B | €968 | €426 | -€542 | -56.0% |
| Financial charges | 65/66B | €8,726 | €12,446 | +€3,720 | +42.6% |
| Recurring financial charges | 65 | €5,133 | €8,214 | +€3,080 | +60.0% |
| Non-recurring financial charges | 66B | €3,593 | €4,233 | +€640 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €65,739 | -€4,412 | -€70,151 | |
| Income taxes | 67/77 | €19,460 | €2,006 | -€17,454 | -89.7% |
| Profit (loss) for the period | 9904 | €46,279 | -€6,418 | -€52,697 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,279 | -€6,418 | -€52,697 |
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 30 October 2026 via checked.be.