Wouter Impens Advocaat: 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.
Wouter Impens Advocaat
Largest movements
- Cash -€15,670
down €15,670 (-32.2%), from €48,626 to €32,955
mainly Contributions, distributions and other (-€128,079) and Receivables within one year (-€8,099)
- Receivables within one year +€8,099
up €8,099 (+48.3%), from €16,769 to €24,867
of which Other amounts receivable: +€5,831
- Tangible fixed assets -€3,906
down €3,906 (-83.7%), from €4,667 to €760
of which Furniture and vehicles: -€3,225
- Profit (loss) carried forward -€59,868
no longer reported in 2025 (was €59,868)
- Other debts +€44,564
up €44,564 (+1,674%), from €2,662 to €47,226
- Tax, wage and social debts +€2,670
up €2,670 (+42.7%), from €6,252 to €8,922
- Accrued charges and deferred income +€1,147
new in 2025: €1,147
- Gross operating margin +€32,953
up €32,953 (+57.4%), from €57,453 to €90,406
- Taxes +€6,438
up €6,438 (+57.3%), from €11,231 to €17,669
- Financial charges +€2,621
up €2,621 (+373%), from €703 to €3,325
of which Non-recurring financial charges: +€3,225
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 | €71,783 | €60,305 | -€11,478 | -16.0% |
| Fixed assets | 21/28 | €4,667 | €760 | -€3,906 | -83.7% |
| Tangible fixed assets | 22/27 | €4,667 | €760 | -€3,906 | -83.7% |
| Plant, machinery and equipment | 23 | €1,442 | €760 | -€682 | -47.3% |
| Furniture and vehicles | 24 | €3,225 | - | -€3,225 | |
| Current assets | 29/58 | €67,117 | €59,545 | -€7,572 | -11.3% |
| Amounts receivable within one year | 40/41 | €16,769 | €24,867 | +€8,099 | +48.3% |
| Trade receivables | 40 | €15,500 | €17,768 | +€2,268 | +14.6% |
| Other amounts receivable | 41 | €1,269 | €7,099 | +€5,831 | +460% |
| Cash at bank and in hand | 54/58 | €48,626 | €32,955 | -€15,670 | -32.2% |
| Deferred charges and accrued income | 490/1 | €1,722 | €1,722 | = | 0.0% |
| Total equity and liabilities | 10/49 | €71,783 | €60,305 | -€11,478 | -16.0% |
| Equity | 10/15 | €62,868 | €3,000 | -€59,868 | -95.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,868 | - | -€59,868 | |
| Amounts payable | 17/49 | €8,915 | €57,305 | +€48,390 | +543% |
| Amounts payable within one year | 42/48 | €8,915 | €56,158 | +€47,243 | +530% |
| Trade debts | 44 | - | €10 | +€10 | |
| Suppliers | 440/4 | - | €10 | +€10 | |
| Taxes, remuneration and social security | 45 | €6,252 | €8,922 | +€2,670 | +42.7% |
| Taxes | 450/3 | €6,252 | €8,922 | +€2,670 | +42.7% |
| Other amounts payable | 47/48 | €2,662 | €47,226 | +€44,564 | +1,674% |
| Accrued charges and deferred income | 492/3 | - | €1,147 | +€1,147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €682 | -€431 | -38.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €57,453 | €90,406 | +€32,953 | +57.4% |
| Operating profit (loss) | 9901 | €55,835 | €89,205 | +€33,370 | +59.8% |
| Financial charges | 65/66B | €703 | €3,325 | +€2,621 | +373% |
| Recurring financial charges | 65 | €703 | €100 | -€603 | -85.7% |
| Non-recurring financial charges | 66B | - | €3,225 | +€3,225 | |
| Profit (loss) for the period before taxes | 9903 | €55,132 | €85,880 | +€30,748 | +55.8% |
| Income taxes | 67/77 | €11,231 | €17,669 | +€6,438 | +57.3% |
| Profit (loss) for the period | 9904 | €43,900 | €68,210 | +€24,310 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,900 | €68,210 | +€24,310 | +55.4% |
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 21 October 2026 via checked.be.