Wouters Logistics: 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 Logistics
Largest movements
- Tangible fixed assets -€13,000
down €13,000 (-39.6%), from €32,815 to €19,815
- Cash +€5,791
up €5,791 (+38.0%), from €15,233 to €21,024
mainly Depreciation (+€13,000) and Net result for the year (+€4,983)
- Debts after one year -€13,202
down €13,202 (-59.0%), from €22,365 to €9,164
- Reserves +€4,983
up €4,983 (+113%), from €4,404 to €9,386
- Trade debts +€1,257
up €1,257 (+22.7%), from €5,527 to €6,783
- Gross operating margin +€11,386
up €11,386 (+9.3%), from €122,978 to €134,363
- Depreciation +€6,815
up €6,815 (+110%), from €6,185 to €13,000
- Staff costs +€3,879
up €3,879 (+3.6%), from €107,532 to €111,411
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 | €85,091 | €78,270 | -€6,821 | -8.0% |
| Fixed assets | 21/28 | €32,815 | €19,815 | -€13,000 | -39.6% |
| Tangible fixed assets | 22/27 | €32,815 | €19,815 | -€13,000 | -39.6% |
| Furniture and vehicles | 24 | €32,815 | €19,815 | -€13,000 | -39.6% |
| Current assets | 29/58 | €52,276 | €58,455 | +€6,179 | +11.8% |
| Amounts receivable within one year | 40/41 | €37,043 | €37,431 | +€388 | +1.0% |
| Trade receivables | 40 | €35,870 | €36,918 | +€1,049 | +2.9% |
| Other amounts receivable | 41 | €1,173 | €513 | -€660 | -56.3% |
| Cash at bank and in hand | 54/58 | €15,233 | €21,024 | +€5,791 | +38.0% |
| Total equity and liabilities | 10/49 | €85,091 | €78,270 | -€6,821 | -8.0% |
| Equity | 10/15 | €14,404 | €19,386 | +€4,983 | +34.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €4,404 | €9,386 | +€4,983 | +113% |
| Distributable reserves | 133 | €4,404 | €9,386 | +€4,983 | +113% |
| Amounts payable | 17/49 | €70,687 | €58,884 | -€11,804 | -16.7% |
| Amounts payable after more than one year | 17 | €22,365 | €9,164 | -€13,202 | -59.0% |
| Financial debts | 170/4 | €22,365 | €9,164 | -€13,202 | -59.0% |
| Amounts payable within one year | 42/48 | €48,322 | €49,720 | +€1,398 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €12,576 | €13,202 | +€625 | +5.0% |
| Trade debts | 44 | €5,527 | €6,783 | +€1,257 | +22.7% |
| Suppliers | 440/4 | €5,527 | €6,783 | +€1,257 | +22.7% |
| Taxes, remuneration and social security | 45 | €14,127 | €14,160 | +€33 | +0.2% |
| Taxes | 450/3 | €6,675 | €6,268 | -€407 | -6.1% |
| Remuneration and social security | 454/9 | €7,452 | €7,892 | +€440 | +5.9% |
| Other amounts payable | 47/48 | €16,092 | €15,575 | -€517 | -3.2% |
| Remuneration, social security and pensions | 62 | €107,532 | €111,411 | +€3,879 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,185 | €13,000 | +€6,815 | +110% |
| Other operating charges | 640/8 | €505 | €400 | -€106 | -20.9% |
| Gross operating margin | 9900 | €122,978 | €134,363 | +€11,386 | +9.3% |
| Operating profit (loss) | 9901 | €8,755 | €9,553 | +€798 | +9.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,238 | €2,318 | +€1,080 | +87.2% |
| Recurring financial charges | 65 | €1,238 | €2,318 | +€1,080 | +87.2% |
| Profit (loss) for the period before taxes | 9903 | €7,517 | €7,235 | -€282 | -3.8% |
| Income taxes | 67/77 | €2,347 | €2,252 | -€94 | -4.0% |
| Profit (loss) for the period | 9904 | €5,171 | €4,983 | -€188 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,171 | €4,983 | -€188 | -3.6% |
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 26 October 2026 via checked.be.