WOLTEX TAPIJTEN: 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.
WOLTEX TAPIJTEN
Largest movements
- Stocks and contracts -€12,531
down €12,531 (-5.2%), from €239,701 to €227,171
- Receivables within one year -€9,745
down €9,745 (-48.7%), from €20,012 to €10,266
of which Other amounts receivable: -€9,093
- Reserves -€22,468
down €22,468 (-5.3%), from €427,406 to €404,939
of which Distributable reserves: -€22,468
- Other debts +€6,336
up €6,336 (+20.2%), from €31,413 to €37,749
- Gross operating margin -€11,716
down €11,716 (-25.6%), from €45,823 to €34,106
- Staff costs -€3,583
down €3,583 (-6.5%), from €54,993 to €51,410
- Write-downs +€1,965
up €1,965 (+47.0%), from -€4,176 to -€2,211
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 | €616,642 | €598,045 | -€18,597 | -3.0% |
| Fixed assets | 21/28 | €6,304 | €4,860 | -€1,445 | -22.9% |
| Tangible fixed assets | 22/27 | €6,261 | €4,816 | -€1,445 | -23.1% |
| Other tangible fixed assets | 26 | €6,261 | €4,816 | -€1,445 | -23.1% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €610,338 | €593,185 | -€17,153 | -2.8% |
| Stocks and contracts in progress | 3 | €239,701 | €227,171 | -€12,531 | -5.2% |
| Stocks | 30/36 | €239,701 | €227,171 | -€12,531 | -5.2% |
| Amounts receivable within one year | 40/41 | €20,012 | €10,266 | -€9,745 | -48.7% |
| Trade receivables | 40 | €919 | €266 | -€653 | -71.0% |
| Other amounts receivable | 41 | €19,093 | €10,000 | -€9,093 | -47.6% |
| Cash at bank and in hand | 54/58 | €350,625 | €352,652 | +€2,027 | +0.6% |
| Deferred charges and accrued income | 490/1 | - | €3,097 | +€3,097 | |
| Total equity and liabilities | 10/49 | €616,642 | €598,045 | -€18,597 | -3.0% |
| Equity | 10/15 | €557,550 | €535,083 | -€22,468 | -4.0% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Capital | 10 | €130,144 | €130,144 | = | 0.0% |
| Issued capital | 100 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €427,406 | €404,939 | -€22,468 | -5.3% |
| Non-distributable reserves | 130/1 | €13,014 | €13,014 | = | 0.0% |
| Legal reserve | 130 | €13,014 | €13,014 | = | 0.0% |
| Distributable reserves | 133 | €414,392 | €391,924 | -€22,468 | -5.4% |
| Amounts payable | 17/49 | €59,092 | €62,962 | +€3,871 | +6.6% |
| Amounts payable within one year | 42/48 | €56,723 | €60,633 | +€3,910 | +6.9% |
| Trade debts | 44 | €1,307 | €3,810 | +€2,503 | +192% |
| Suppliers | 440/4 | €1,307 | €3,810 | +€2,503 | +192% |
| Taxes, remuneration and social security | 45 | €24,003 | €19,074 | -€4,930 | -20.5% |
| Taxes | 450/3 | €11,017 | €9,081 | -€1,936 | -17.6% |
| Remuneration and social security | 454/9 | €12,987 | €9,993 | -€2,994 | -23.1% |
| Other amounts payable | 47/48 | €31,413 | €37,749 | +€6,336 | +20.2% |
| Accrued charges and deferred income | 492/3 | €2,369 | €2,329 | -€39 | -1.7% |
| Remuneration, social security and pensions | 62 | €54,993 | €51,410 | -€3,583 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,494 | €1,445 | -€50 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,176 | -€2,211 | +€1,965 | +47.0% |
| Other operating charges | 640/8 | €688 | €704 | +€16 | +2.3% |
| Gross operating margin | 9900 | €45,823 | €34,106 | -€11,716 | -25.6% |
| Operating profit (loss) | 9901 | -€7,177 | -€17,242 | -€10,064 | -140% |
| Financial income | 75/76B | €711 | €766 | +€55 | +7.7% |
| Recurring financial income | 75 | €711 | €766 | +€55 | +7.7% |
| Financial charges | 65/66B | €4,729 | €4,424 | -€304 | -6.4% |
| Recurring financial charges | 65 | €4,729 | €4,424 | -€304 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,195 | -€20,900 | -€9,705 | -86.7% |
| Profit (loss) for the period | 9904 | -€11,195 | -€20,900 | -€9,705 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,195 | -€20,900 | -€9,705 | -86.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.