Woestenborghs: what changed
Woestenborghs
Largest movements
- Receivables within one year -€854,114
down €854,114 (-99.7%), from €856,902 to €2,789
- Cash -€151,314
down €151,314 (-78.0%), from €194,056 to €42,743
- Stocks and contracts -€29,250
down €29,250 (-17.4%), from €168,125 to €138,875
- Tangible fixed assets -€23,659
down €23,659 (-53.5%), from €44,183 to €20,524
- Debts within one year -€1.1m
down €1.1m (-95.2%), from €1.1m to €53,726
- Debts after one year +€42,621
up €42,621 (+12.5%), from €340,125 to €382,746
- Profit (loss) carried forward -€37,967
down €37,967 (-17.1%), from -€221,893 to -€259,861
- Gross operating margin +€40,034
up €40,034 (+82.2%), from -€48,684 to -€8,650
- Depreciation +€5,702
up €5,702 (+51.7%), from €11,034 to €16,736
- Financial income +€3,496
new in 2022: €3,496
- Financial charges +€2,765
new in 2022: €2,765
Change in the result, 2019 to 2022
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,263,496 | €206,095 | -€1.1m | -83.7% |
| Fixed assets | 21/28 | €44,183 | €21,574 | -€22,609 | -51.2% |
| Tangible fixed assets | 22/27 | €44,183 | €20,524 | -€23,659 | -53.5% |
| Plant, machinery and equipment | 23 | - | €2,991 | +€2,991 | |
| Furniture and vehicles | 24 | - | €4,345 | +€4,345 | |
| Other tangible fixed assets | 26 | - | €13,188 | +€13,188 | |
| Financial fixed assets | 28 | - | €1,050 | +€1,050 | |
| Current assets | 29/58 | €1,219,312 | €184,522 | -€1.0m | -84.9% |
| Stocks and contracts in progress | 3 | €168,125 | €138,875 | -€29,250 | -17.4% |
| Stocks | 30/36 | - | €138,875 | +€138,875 | |
| Amounts receivable within one year | 40/41 | €856,902 | €2,789 | -€854,114 | -99.7% |
| Other amounts receivable | 41 | - | €2,789 | +€2,789 | |
| Cash at bank and in hand | 54/58 | €194,056 | €42,743 | -€151,314 | -78.0% |
| Deferred charges and accrued income | 490/1 | - | €116 | +€116 | |
| Total equity and liabilities | 10/49 | €1,263,496 | €206,095 | -€1.1m | -83.7% |
| Equity | 10/15 | -€192,409 | -€230,376 | -€37,967 | -19.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €27,484 | €27,484 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €200 | +€200 | |
| Reserves not available under the articles | 1311 | - | €200 | +€200 | |
| Distributable reserves | 133 | - | €27,284 | +€27,284 | |
| Profit (loss) carried forward | 14 | -€221,893 | -€259,861 | -€37,967 | -17.1% |
| Amounts payable | 17/49 | €1,455,905 | €436,472 | -€1.0m | -70.0% |
| Amounts payable after more than one year | 17 | €340,125 | €382,746 | +€42,621 | +12.5% |
| Other amounts payable | 178/9 | - | €382,746 | +€382,746 | |
| Amounts payable within one year | 42/48 | €1,115,780 | €53,726 | -€1.1m | -95.2% |
| Trade debts | 44 | €9,624 | €4,604 | -€5,020 | -52.2% |
| Suppliers | 440/4 | - | €4,604 | +€4,604 | |
| Other amounts payable | 47/48 | - | €49,122 | +€49,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,034 | €16,736 | +€5,702 | +51.7% |
| Other operating charges | 640/8 | - | €102 | +€102 | |
| Non-recurring operating charges | 66A | - | €235 | +€235 | |
| Gross operating margin | 9900 | -€48,684 | -€8,650 | +€40,034 | +82.2% |
| Operating profit (loss) | 9901 | -€59,736 | -€25,723 | +€34,013 | +56.9% |
| Financial income | 75/76B | - | €3,496 | +€3,496 | |
| Recurring financial income | 75 | €1 | €3,496 | +€3,495 | +459,907% |
| Financial charges | 65/66B | - | €2,765 | +€2,765 | |
| Recurring financial charges | 65 | €5,089 | €2,765 | -€2,324 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€64,825 | -€24,992 | +€39,832 | +61.4% |
| Profit (loss) for the period | 9904 | -€64,825 | -€24,992 | +€39,832 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,825 | -€24,992 | +€39,832 | +61.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.