WOEST LOGISTICS: 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.
WOEST LOGISTICS
Largest movements
- Receivables within one year +€141,880
up €141,880 (+4,125%), from €3,439 to €145,320
of which Trade receivables: +€144,190
- Tangible fixed assets -€56,793
down €56,793 (-77.0%), from €73,724 to €16,931
of which Other tangible fixed assets: -€51,303
- Cash +€20,504
up €20,504 (+1,798%), from €1,140 to €21,645
mainly Debts after one year (+€50,950) and Tax, wage and social debts (+€42,138)
- Financial fixed assets +€19,662
up €19,662 (+1,551%), from €1,268 to €20,930
- Deferred charges and accrued income +€5,099
new in 2025: €5,099
- Debts after one year +€50,950
up €50,950 (+15.5%), from €328,233 to €379,183
- Tax, wage and social debts +€42,138
up €42,138 (+360%), from €11,713 to €53,850
of which Remuneration and social security: +€28,470
- Trade debts +€35,451
up €35,451 (+375%), from €9,466 to €44,917
- Gross operating margin +€217,415
up €217,415, from -€3,638 to €213,777
- Staff costs +€101,833
up €101,833 (+227%), from €44,800 to €146,632
- Depreciation -€8,792
down €8,792 (-58.3%), from €15,087 to €6,295
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 | €79,917 | €209,923 | +€130,006 | +163% |
| Formation expenses | 20 | €64 | - | -€64 | |
| Fixed assets | 21/28 | €75,273 | €37,860 | -€37,413 | -49.7% |
| Intangible fixed assets | 21 | €281 | - | -€281 | |
| Tangible fixed assets | 22/27 | €73,724 | €16,931 | -€56,793 | -77.0% |
| Plant, machinery and equipment | 23 | €5,876 | €453 | -€5,423 | -92.3% |
| Furniture and vehicles | 24 | €16,545 | €16,478 | -€67 | -0.4% |
| Other tangible fixed assets | 26 | €51,303 | - | -€51,303 | |
| Financial fixed assets | 28 | €1,268 | €20,930 | +€19,662 | +1,551% |
| Current assets | 29/58 | €4,580 | €172,063 | +€167,483 | +3,657% |
| Amounts receivable within one year | 40/41 | €3,439 | €145,320 | +€141,880 | +4,125% |
| Trade receivables | 40 | - | €144,190 | +€144,190 | |
| Other amounts receivable | 41 | €3,439 | €1,130 | -€2,309 | -67.1% |
| Cash at bank and in hand | 54/58 | €1,140 | €21,645 | +€20,504 | +1,798% |
| Deferred charges and accrued income | 490/1 | - | €5,099 | +€5,099 | |
| Total equity and liabilities | 10/49 | €79,917 | €209,923 | +€130,006 | +163% |
| Equity | 10/15 | -€269,495 | -€268,027 | +€1,467 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,095 | -€286,627 | +€1,467 | +0.5% |
| Amounts payable | 17/49 | €349,411 | €477,951 | +€128,539 | +36.8% |
| Amounts payable after more than one year | 17 | €328,233 | €379,183 | +€50,950 | +15.5% |
| Other amounts payable | 178/9 | €328,233 | €379,183 | +€50,950 | +15.5% |
| Amounts payable within one year | 42/48 | €21,179 | €98,767 | +€77,589 | +366% |
| Trade debts | 44 | €9,466 | €44,917 | +€35,451 | +375% |
| Suppliers | 440/4 | €9,466 | €44,917 | +€35,451 | +375% |
| Taxes, remuneration and social security | 45 | €11,713 | €53,850 | +€42,138 | +360% |
| Taxes | 450/3 | €7,367 | €21,035 | +€13,668 | +186% |
| Remuneration and social security | 454/9 | €4,346 | €32,815 | +€28,470 | +655% |
| Remuneration, social security and pensions | 62 | €44,800 | €146,632 | +€101,833 | +227% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,087 | €6,295 | -€8,792 | -58.3% |
| Other operating charges | 640/8 | €717 | €462 | -€256 | -35.7% |
| Non-recurring operating charges | 66A | - | €58,170 | +€58,170 | |
| Gross operating margin | 9900 | -€3,638 | €213,777 | +€217,415 | |
| Operating profit (loss) | 9901 | -€64,241 | €2,218 | +€66,459 | |
| Financial charges | 65/66B | €983 | €751 | -€232 | -23.6% |
| Recurring financial charges | 65 | €983 | €751 | -€232 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€65,225 | €1,467 | +€66,692 | |
| Profit (loss) for the period | 9904 | -€65,225 | €1,467 | +€66,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,225 | €1,467 | +€66,692 |
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 17 October 2026 via checked.be.