WIJNGAETSHEIDE: 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
WIJNGAETSHEIDE
NACE 55.100, Hotels and similar accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,917
2024 · €50,530-€28,614
Equity
€429,637
2024 · €407,720+€21,917
Cash
€15,950
2024 · €14,437+€1,513
Balance sheet total
€1.8m
2024 · €1.8m-€42,855
Largest movements
Assets
- Receivables within one year -€45,328
down €45,328 (-71.3%), from €63,618 to €18,290
of which Trade receivables: -€34,600
Equity and liabilities
- Debts after one year -€81,453
down €81,453 (-13.7%), from €594,300 to €512,847
- Other debts +€71,030
up €71,030 (+14.8%), from €480,996 to €552,026
- Trade debts -€46,854
down €46,854 (-47.6%), from €98,402 to €51,548
- Reserves +€21,917
up €21,917 (+5.7%), from €385,320 to €407,237
of which Distributable reserves: +€21,917
Income statement
- Gross operating margin -€28,497
down €28,497 (-7.5%), from €382,254 to €353,757
- Staff costs +€23,016
up €23,016 (+15.8%), from €145,403 to €168,420
- Taxes -€12,271
down €12,271 (-51.9%), from €23,622 to €11,351
- Depreciation -€10,535
down €10,535 (-8.1%), from €129,580 to €119,045
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
€50,530
Gross operating margin
-€28,497
Staff costs
-€23,016
Depreciation
+€10,535
Other operating charges
-€442
Other operating items
-€73
Financial income
+€82
Financial charges
+€527
Taxes
+€12,271
Result 2025
€21,917
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
+€221,048
Investment
-€122,487
Financing
-€97,048
Cash 2024
€14,437
From operations (derived)
+€221,048
Net result for the year
+€21,917
Depreciation
+€119,045
Stocks and contracts
+€1,117
Receivables within one year
+€45,328
Deferred charges and accrued income
+€1,364
Trade debts
-€46,854
Tax, wage and social debts
+€5,805
Other debts
+€71,030
Accrued charges and deferred income
+€2,296
Investment (derived)
-€122,487
Investment in fixed assets (net)
-€122,487
Financing
-€97,048
Debts after one year
-€81,453
Current portion of long-term debt
-€7,748
Short-term financial debts
-€7,847
Cash 2025
€15,950
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,835,995 | €1,793,140 | -€42,855 | -2.3% |
| Fixed assets | 21/28 | €1,730,359 | €1,733,800 | +€3,441 | +0.2% |
| Tangible fixed assets | 22/27 | €1,730,359 | €1,733,800 | +€3,441 | +0.2% |
| Land and buildings | 22 | €1,679,975 | €1,703,183 | +€23,208 | +1.4% |
| Plant, machinery and equipment | 23 | €23,461 | €15,798 | -€7,663 | -32.7% |
| Furniture and vehicles | 24 | €26,923 | €14,820 | -€12,104 | -45.0% |
| Current assets | 29/58 | €105,636 | €59,340 | -€46,296 | -43.8% |
| Stocks and contracts in progress | 3 | €17,544 | €16,427 | -€1,117 | -6.4% |
| Stocks | 30/36 | €17,544 | €16,427 | -€1,117 | -6.4% |
| Amounts receivable within one year | 40/41 | €63,618 | €18,290 | -€45,328 | -71.3% |
| Trade receivables | 40 | €44,100 | €9,500 | -€34,600 | -78.5% |
| Other amounts receivable | 41 | €19,518 | €8,789 | -€10,729 | -55.0% |
| Cash at bank and in hand | 54/58 | €14,437 | €15,950 | +€1,513 | +10.5% |
| Deferred charges and accrued income | 490/1 | €10,036 | €8,673 | -€1,364 | -13.6% |
| Total equity and liabilities | 10/49 | €1,835,995 | €1,793,140 | -€42,855 | -2.3% |
| Equity | 10/15 | €407,720 | €429,637 | +€21,917 | +5.4% |
| Contributions | 10/11 | €22,400 | €22,400 | = | 0.0% |
| Reserves | 13 | €385,320 | €407,237 | +€21,917 | +5.7% |
| Non-distributable reserves | 130/1 | €2,240 | €2,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,240 | €2,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,143 | €2,143 | = | 0.0% |
| Distributable reserves | 133 | €380,937 | €402,854 | +€21,917 | +5.8% |
| Amounts payable | 17/49 | €1,428,275 | €1,363,503 | -€64,772 | -4.5% |
| Amounts payable after more than one year | 17 | €594,300 | €512,847 | -€81,453 | -13.7% |
| Financial debts | 170/4 | €594,300 | €512,847 | -€81,453 | -13.7% |
| Amounts payable within one year | 42/48 | €831,573 | €845,958 | +€14,385 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €88,610 | €80,861 | -€7,748 | -8.7% |
| Financial debts | 43 | €52,117 | €44,269 | -€7,847 | -15.1% |
| Credit institutions | 430/8 | €52,117 | €44,269 | -€7,847 | -15.1% |
| Trade debts | 44 | €98,402 | €51,548 | -€46,854 | -47.6% |
| Suppliers | 440/4 | €98,402 | €51,548 | -€46,854 | -47.6% |
| Advances received on contracts in progress | 46 | €73,163 | €73,163 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €38,286 | €44,091 | +€5,805 | +15.2% |
| Taxes | 450/3 | €24,023 | €21,974 | -€2,049 | -8.5% |
| Remuneration and social security | 454/9 | €14,264 | €22,117 | +€7,854 | +55.1% |
| Other amounts payable | 47/48 | €480,996 | €552,026 | +€71,030 | +14.8% |
| Accrued charges and deferred income | 492/3 | €2,403 | €4,699 | +€2,296 | +95.6% |
| Non-recurring operating income | 76A | - | €1,400 | +€1,400 | |
| Remuneration, social security and pensions | 62 | €145,403 | €168,420 | +€23,016 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,580 | €119,045 | -€10,535 | -8.1% |
| Other operating charges | 640/8 | €14,032 | €14,474 | +€442 | +3.2% |
| Non-recurring operating charges | 66A | - | €73 | +€73 | |
| Gross operating margin | 9900 | €382,254 | €353,757 | -€28,497 | -7.5% |
| Operating profit (loss) | 9901 | €93,239 | €51,745 | -€41,494 | -44.5% |
| Financial income | 75/76B | €10 | €92 | +€82 | +789% |
| Recurring financial income | 75 | €10 | €92 | +€82 | +789% |
| Financial charges | 65/66B | €19,097 | €18,570 | -€527 | -2.8% |
| Recurring financial charges | 65 | €19,097 | €18,570 | -€527 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €74,152 | €33,267 | -€40,885 | -55.1% |
| Income taxes | 67/77 | €23,622 | €11,351 | -€12,271 | -51.9% |
| Profit (loss) for the period | 9904 | €50,530 | €21,917 | -€28,614 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,530 | €21,917 | -€28,614 | -56.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.