WOESTIJNVIS: what changed
Two fiscal 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
WOESTIJNVIS
NACE 59.114, Motion picture, video and television programme production, sound recording and music publishing activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€556,844
2024 · €5.6m-€5.0m
Equity
€15.7m
2024 · €15.1m+€541,469
Cash
€293,845
2024 · €102,392+€191,453
Balance sheet total
€28.9m
2024 · €30.9m-€2.0m
Largest movements
Assets
- Receivables within one year -€3.6m
down €3.6m (-15.8%), from €22.6m to €19.0m
of which Trade receivables: -€7.3m
- Deferred charges and accrued income +€1.7m
up €1.7m (+89.1%), from €2.0m to €3.7m
- Intangible fixed assets -€423,589
down €423,589 (-33.9%), from €1.2m to €824,337
- Tangible fixed assets +€401,620
up €401,620 (+21.9%), from €1.8m to €2.2m
of which Furniture and vehicles: +€572,480
- Financial fixed assets -€325,000
down €325,000 (-10.3%), from €3.1m to €2.8m
of which Affiliated companies: -€325,000
Equity and liabilities
- Trade debts -€2.5m
down €2.5m (-23.2%), from €10.8m to €8.3m
- Profit (loss) carried forward +€556,844
up €556,844 (+5.0%), from €11.1m to €11.7m
- Accrued charges and deferred income +€411,693
up €411,693 (+20.6%), from €2.0m to €2.4m
Income statement
- Turnover -€11.6m
down €11.6m (-19.1%), from €60.8m to €49.2m
- Goods and materials -€7.6m
down €7.6m (-19.4%), from €39.3m to €31.7m
- Financial income -€1.4m
down €1.4m (-67.6%), from €2.0m to €657,374
of which Financial income: -€1.5m
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
€5.6m
Turnover
-€11.6m
Other operating income
+€2,938
Goods and materials
+€7.6m
Services and other goods
+€25,205
Staff costs
+€142,859
Depreciation
+€505,493
Provisions
+€50,000
Other operating charges
-€5,688
Other operating items
-€838,481
Financial income
-€1.4m
Financial charges
+€21,561
Taxes
+€440,643
Deferred taxes and other
-€9,875
Result 2025
€556,844
Cash bridge derived
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
+€2.0m
Investment
-€1.8m
Financing
-€21,271
Cash 2024
€102,392
From operations (derived)
+€2.0m
Net result for the year
+€556,844
Depreciation
+€2.1m
Receivables within one year
+€3.6m
Deferred charges and accrued income
-€1.7m
Provisions
-€55,125
Trade debts
-€2.5m
Tax, wage and social debts
-€240,411
Other debts
-€121,036
Accrued charges and deferred income
+€411,693
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
-€21,271
Debts after one year
-€6,175
Current portion of long-term debt
+€279
Contributions, distributions and other
-€15,375
Cash 2025
€293,845
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,860,871 | €28,884,085 | -€2.0m | -6.4% |
| Fixed assets | 21/28 | €6,232,533 | €5,885,564 | -€346,969 | -5.6% |
| Intangible fixed assets | 21 | €1,247,926 | €824,337 | -€423,589 | -33.9% |
| Tangible fixed assets | 22/27 | €1,836,950 | €2,238,570 | +€401,620 | +21.9% |
| Plant, machinery and equipment | 23 | €714,181 | €587,821 | -€126,360 | -17.7% |
| Furniture and vehicles | 24 | €535,307 | €1,107,786 | +€572,480 | +106.9% |
| Leasing and similar rights | 25 | €32,511 | €19,471 | -€13,040 | -40.1% |
| Other tangible fixed assets | 26 | €554,952 | €523,493 | -€31,460 | -5.7% |
| Financial fixed assets | 28 | €3,147,657 | €2,822,657 | -€325,000 | -10.3% |
| Affiliated companies | 280/1 | €3,146,657 | €2,821,657 | -€325,000 | -10.3% |
| Participating interests | 280 | €3,146,657 | €2,821,657 | -€325,000 | -10.3% |
| Other financial fixed assets | 284/8 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €24,628,338 | €22,998,522 | -€1.6m | -6.6% |
| Amounts receivable within one year | 40/41 | €22,564,380 | €18,994,811 | -€3.6m | -15.8% |
| Trade receivables | 40 | €12,698,697 | €5,376,899 | -€7.3m | -57.7% |
| Other amounts receivable | 41 | €9,865,683 | €13,617,912 | +€3.8m | +38.0% |
| Cash at bank and in hand | 54/58 | €102,392 | €293,845 | +€191,453 | +187.0% |
| Deferred charges and accrued income | 490/1 | €1,961,566 | €3,709,866 | +€1.7m | +89.1% |
| Total equity and liabilities | 10/49 | €30,860,871 | €28,884,085 | -€2.0m | -6.4% |
| Equity | 10/15 | €15,130,959 | €15,672,428 | +€541,469 | +3.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,655,595 | €3,655,595 | = | 0.0% |
| Non-distributable reserves | 130/1 | €757,739 | €757,739 | = | 0.0% |
| Legal reserve | 130 | €757,739 | €757,739 | = | 0.0% |
| Distributable reserves | 133 | €2,897,856 | €2,897,856 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,143,489 | €11,700,333 | +€556,844 | +5.0% |
| Investment grants | 15 | €270,375 | €255,000 | -€15,375 | -5.7% |
| Provisions and deferred taxes | 16 | €140,125 | €85,000 | -€55,125 | -39.3% |
| Provisions for liabilities and charges | 160/5 | €50,000 | - | -€50,000 | |
| Other liabilities and charges | 164/5 | €50,000 | - | -€50,000 | |
| Deferred taxes | 168 | €90,125 | €85,000 | -€5,125 | -5.7% |
| Amounts payable | 17/49 | €15,589,788 | €13,126,658 | -€2.5m | -15.8% |
| Amounts payable after more than one year | 17 | €24,182 | €18,006 | -€6,175 | -25.5% |
| Financial debts | 170/4 | €24,182 | €18,006 | -€6,175 | -25.5% |
| Leasing and similar obligations | 172 | €24,182 | €18,006 | -€6,175 | -25.5% |
| Amounts payable within one year | 42/48 | €13,571,819 | €10,703,172 | -€2.9m | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €5,896 | €6,175 | +€279 | +4.7% |
| Trade debts | 44 | €10,806,139 | €8,298,659 | -€2.5m | -23.2% |
| Suppliers | 440/4 | €10,806,139 | €8,298,659 | -€2.5m | -23.2% |
| Taxes, remuneration and social security | 45 | €2,527,933 | €2,287,522 | -€240,411 | -9.5% |
| Taxes | 450/3 | €815,657 | €803,898 | -€11,760 | -1.4% |
| Remuneration and social security | 454/9 | €1,712,275 | €1,483,624 | -€228,651 | -13.4% |
| Other amounts payable | 47/48 | €231,851 | €110,815 | -€121,036 | -52.2% |
| Accrued charges and deferred income | 492/3 | €1,993,786 | €2,405,480 | +€411,693 | +20.6% |
| Operating income | 70/76A | €62,994,295 | €50,537,428 | -€12.5m | -19.8% |
| Turnover | 70 | €60,815,508 | €49,194,184 | -€11.6m | -19.1% |
| Own construction capitalised | 72 | €1,966,062 | €1,127,580 | -€838,481 | -42.6% |
| Other operating income | 74 | €212,725 | €215,663 | +€2,938 | +1.4% |
| Operating charges | 60/66A | €58,911,170 | €50,578,143 | -€8.3m | -14.1% |
| Goods for resale, raw materials and consumables | 60 | €39,276,493 | €31,661,335 | -€7.6m | -19.4% |
| Purchases | 600/8 | €39,276,493 | €31,661,335 | -€7.6m | -19.4% |
| Services and other goods | 61 | €4,961,479 | €4,936,275 | -€25,205 | -0.5% |
| Remuneration, social security and pensions | 62 | €12,003,549 | €11,860,689 | -€142,859 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,631,482 | €2,125,989 | -€505,493 | -19.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€50,000 | -€50,000 | |
| Other operating charges | 640/8 | €38,166 | €43,854 | +€5,688 | +14.9% |
| Operating profit (loss) | 9901 | €4,083,125 | -€40,715 | -€4.1m | |
| Financial income | 75/76B | €2,027,968 | €657,374 | -€1.4m | -67.6% |
| Recurring financial income | 75 | €2,027,968 | €482,374 | -€1.5m | -76.2% |
| Income from financial fixed assets | 750 | €177,898 | - | -€177,898 | |
| Income from current assets | 751 | €1,532,266 | €192,393 | -€1.3m | -87.4% |
| Other financial income | 752/9 | €317,804 | €289,981 | -€27,824 | -8.8% |
| Non-recurring financial income | 76B | - | €175,000 | +€175,000 | |
| Financial charges | 65/66B | €176,411 | €154,851 | -€21,561 | -12.2% |
| Recurring financial charges | 65 | €171,405 | €154,851 | -€16,554 | -9.7% |
| Debt charges | 650 | €160,770 | €110,464 | -€50,306 | -31.3% |
| Other financial charges | 652/9 | €10,635 | €44,386 | +€33,752 | +317.4% |
| Non-recurring financial charges | 66B | €5,007 | - | -€5,007 | |
| Profit (loss) for the period before taxes | 9903 | €5,934,682 | €461,808 | -€5.5m | -92.2% |
| Transfer from deferred taxes | 780 | €105,000 | €95,125 | -€9,875 | -9.4% |
| Income taxes | 67/77 | €440,732 | €89 | -€440,643 | -100.0% |
| Taxes | 670/3 | €450,000 | €89 | -€449,911 | -100.0% |
| Tax adjustments and reversals of tax provisions | 77 | €9,268 | - | -€9,268 | |
| Profit (loss) for the period | 9904 | €5,598,950 | €556,844 | -€5.0m | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,598,950 | €556,844 | -€5.0m | -90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.