WOUTER BOUWT: 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.
WOUTER BOUWT
Largest movements
- Cash -€98,667
down €98,667 (-93.4%), from €105,590 to €6,923
mainly Net result for the year (-€70,385) and Other debts (-€47,792)
- Receivables within one year -€31,902
down €31,902 (-78.3%), from €40,755 to €8,853
of which Other amounts receivable: -€27,834
- Financial fixed assets +€6,500
up €6,500 (+1083.3%), from €600 to €7,100
- Tangible fixed assets -€6,177
down €6,177 (-45.4%), from €13,603 to €7,425
of which Plant, machinery and equipment: -€3,175
- Profit (loss) carried forward -€70,385
down €70,385 (-581.4%), from -€12,106 to -€82,491
- Other debts -€47,792
down €47,792 (-37.5%), from €127,454 to €79,662
- Accrued charges and deferred income -€7,895
down €7,895 (-100.0%), from €7,895 to €0
- Tax, wage and social debts -€2,783
down €2,783 (-47.2%), from €5,895 to €3,112
of which Taxes: -€2,843
- Current portion of long-term debt -€2,101
down €2,101 (-100.0%), from €2,101 to €0
- Gross operating margin -€817,925
down €817,925, from €759,545 to -€58,380
- Other operating charges -€136,246
down €136,246 (-98.2%), from €138,707 to €2,461
- Financial charges -€34,054
down €34,054 (-97.5%), from €34,928 to €874
- Staff costs -€27,353
down €27,353 (-99.6%), from €27,453 to €101
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,451 | €30,370 | -€131,082 | -81.2% |
| Fixed assets | 21/28 | €14,203 | €14,525 | +€323 | +2.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €13,603 | €7,425 | -€6,177 | -45.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €8,060 | €4,886 | -€3,175 | -39.4% |
| Furniture and vehicles | 24 | €3,351 | €2,540 | -€811 | -24.2% |
| Leasing and similar rights | 25 | €2,192 | €0 | -€2,192 | -100.0% |
| Financial fixed assets | 28 | €600 | €7,100 | +€6,500 | +1083.3% |
| Current assets | 29/58 | €147,249 | €15,844 | -€131,404 | -89.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €40,755 | €8,853 | -€31,902 | -78.3% |
| Trade receivables | 40 | €11,323 | €7,255 | -€4,069 | -35.9% |
| Other amounts receivable | 41 | €29,432 | €1,598 | -€27,834 | -94.6% |
| Cash at bank and in hand | 54/58 | €105,590 | €6,923 | -€98,667 | -93.4% |
| Deferred charges and accrued income | 490/1 | €903 | €69 | -€835 | -92.4% |
| Total equity and liabilities | 10/49 | €161,451 | €30,370 | -€131,082 | -81.2% |
| Equity | 10/15 | €8,354 | -€62,031 | -€70,385 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,106 | -€82,491 | -€70,385 | -581.4% |
| Amounts payable | 17/49 | €153,097 | €92,401 | -€60,696 | -39.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €145,202 | €92,401 | -€52,801 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €2,101 | €0 | -€2,101 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,753 | €9,627 | -€125 | -1.3% |
| Suppliers | 440/4 | €9,753 | €9,627 | -€125 | -1.3% |
| Taxes, remuneration and social security | 45 | €5,895 | €3,112 | -€2,783 | -47.2% |
| Taxes | 450/3 | €2,843 | €0 | -€2,843 | -100.0% |
| Remuneration and social security | 454/9 | €3,052 | €3,112 | +€60 | +2.0% |
| Other amounts payable | 47/48 | €127,454 | €79,662 | -€47,792 | -37.5% |
| Accrued charges and deferred income | 492/3 | €7,895 | €0 | -€7,895 | -100.0% |
| Non-recurring operating income | 76A | €582,470 | €0 | -€582,470 | -100.0% |
| Remuneration, social security and pensions | 62 | €27,453 | €101 | -€27,353 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,826 | €8,843 | -€5,983 | -40.4% |
| Other operating charges | 640/8 | €138,707 | €2,461 | -€136,246 | -98.2% |
| Non-recurring operating charges | 66A | €133,911 | €0 | -€133,911 | -100.0% |
| Gross operating margin | 9900 | €759,545 | -€58,380 | -€817,925 | |
| Operating profit (loss) | 9901 | €444,648 | -€69,784 | -€514,432 | |
| Financial income | 75/76B | €1,486 | €273 | -€1,213 | -81.6% |
| Recurring financial income | 75 | €1,486 | €273 | -€1,213 | -81.6% |
| Financial charges | 65/66B | €34,928 | €874 | -€34,054 | -97.5% |
| Recurring financial charges | 65 | €34,928 | €874 | -€34,054 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €411,206 | -€70,385 | -€481,592 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €411,206 | -€70,385 | -€481,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €411,206 | -€70,385 | -€481,592 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.