WOUTERS: 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.
WOUTERS
Largest movements
- Stocks and contracts -€5,000
down €5,000 (-7.1%), from €70,500 to €65,500
- Cash -€4,720
down €4,720 (-67.3%), from €7,014 to €2,294
mainly Tax, wage and social debts (-€13,087) and Receivables within one year (-€3,038)
- Receivables within one year +€3,038
up €3,038 (+14.5%), from €20,923 to €23,962
of which Trade receivables: +€3,038
- Tax, wage and social debts -€13,087
down €13,087 (-18.7%), from €69,957 to €56,870
of which Remuneration and social security: -€12,495
- Other debts +€5,000
up €5,000, from €0 to €5,000
- Other operating charges -€630
down €630 (-84.5%), from €746 to €116
- Gross operating margin -€482
down €482 (-19.4%), from €2,479 to €1,997
- Taxes -€352
down €352 (-31.2%), from €1,131 to €778
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 | €101,470 | €94,789 | -€6,681 | -6.6% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €101,470 | €94,789 | -€6,681 | -6.6% |
| Stocks and contracts in progress | 3 | €70,500 | €65,500 | -€5,000 | -7.1% |
| Stocks | 30/36 | €70,500 | €65,500 | -€5,000 | -7.1% |
| Amounts receivable within one year | 40/41 | €20,923 | €23,962 | +€3,038 | +14.5% |
| Trade receivables | 40 | €20,923 | €23,962 | +€3,038 | +14.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €3,033 | €3,033 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,014 | €2,294 | -€4,720 | -67.3% |
| Total equity and liabilities | 10/49 | €101,470 | €94,789 | -€6,681 | -6.6% |
| Equity | 10/15 | €28,337 | €29,228 | +€892 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,885 | €8,777 | +€892 | +11.3% |
| Amounts payable | 17/49 | €73,133 | €65,560 | -€7,573 | -10.4% |
| Amounts payable within one year | 42/48 | €73,133 | €65,560 | -€7,573 | -10.4% |
| Trade debts | 44 | €3,176 | €3,690 | +€514 | +16.2% |
| Suppliers | 440/4 | €3,176 | €3,690 | +€514 | +16.2% |
| Taxes, remuneration and social security | 45 | €69,957 | €56,870 | -€13,087 | -18.7% |
| Taxes | 450/3 | €1,785 | €1,194 | -€592 | -33.1% |
| Remuneration and social security | 454/9 | €68,172 | €55,677 | -€12,495 | -18.3% |
| Other amounts payable | 47/48 | €0 | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €746 | €116 | -€630 | -84.5% |
| Gross operating margin | 9900 | €2,479 | €1,997 | -€482 | -19.4% |
| Operating profit (loss) | 9901 | €1,733 | €1,881 | +€148 | +8.6% |
| Financial charges | 65/66B | €221 | €211 | -€10 | -4.3% |
| Recurring financial charges | 65 | €221 | €211 | -€10 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €1,512 | €1,670 | +€158 | +10.4% |
| Income taxes | 67/77 | €1,131 | €778 | -€352 | -31.2% |
| Profit (loss) for the period | 9904 | €381 | €892 | +€510 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €381 | €892 | +€510 | +134% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.