WOUTERS MANAGEMENT: what changed
What changed
WOUTERS MANAGEMENT
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€198,254
2024 · €165,488+€32,766
Equity
€1.1m
2024 · €975,171+€153,254
Cash
€172,193
2024 · €111,977+€60,216
Balance sheet total
€1.3m
2024 · €1.1m+€154,608
Largest movements
Assets
- Current investments +€104,389
up €104,389 (+58.4%), from €178,611 to €283,000
- Cash +€60,216
up €60,216 (+53.8%), from €111,977 to €172,193
mainly Net result for the year (+€198,254) and Other debts (+€21,331)
Equity and liabilities
- Reserves +€153,254
up €153,254 (+18.7%), from €819,771 to €973,025
of which Distributable reserves: +€153,254
- Other debts +€21,331
up €21,331 (+18.0%), from €118,697 to €140,028
Income statement
- Financial income +€26,377
up €26,377 (+25,363%), from €104 to €26,481
- Gross operating margin +€11,659
up €11,659 (+4.9%), from €235,643 to €247,302
- Taxes +€5,255
up €5,255 (+9.9%), from €52,973 to €58,228
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€165,488
Gross operating margin
+€11,659
Depreciation
-€1
Other operating charges
-€119
Financial income
+€26,377
Financial charges
+€105
Taxes
-€5,255
Result 2025
€198,254
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€220,602
Investment
-€104,389
Financing
-€55,997
Cash 2024
€111,977
From operations (derived)
+€220,602
Net result for the year
+€198,254
Depreciation
+€5,357
Receivables within one year
+€4,714
Smaller working-capital items
+€300
Other debts
+€21,331
Accrued charges and deferred income
-€9,354
Investment (derived)
-€104,389
Current investments
-€104,389
Financing
-€55,997
Debts after one year
-€2,793
Current portion of long-term debt
-€8,204
Contributions, distributions and other
-€45,000
Cash 2025
€172,193
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,132,559 | €1,287,167 | +€154,608 | +13.7% |
| Fixed assets | 21/28 | €800,385 | €795,028 | -€5,357 | -0.7% |
| Tangible fixed assets | 22/27 | €69,514 | €64,157 | -€5,357 | -7.7% |
| Land and buildings | 22 | €68,435 | €63,348 | -€5,087 | -7.4% |
| Plant, machinery and equipment | 23 | €1,079 | €809 | -€270 | -25.0% |
| Financial fixed assets | 28 | €730,871 | €730,871 | = | 0.0% |
| Current assets | 29/58 | €332,174 | €492,139 | +€159,965 | +48.2% |
| Amounts receivable within one year | 40/41 | €39,481 | €34,767 | -€4,714 | -11.9% |
| Trade receivables | 40 | €25,955 | €28,750 | +€2,795 | +10.8% |
| Other amounts receivable | 41 | €13,526 | €6,017 | -€7,509 | -55.5% |
| Current investments | 50/53 | €178,611 | €283,000 | +€104,389 | +58.4% |
| Cash at bank and in hand | 54/58 | €111,977 | €172,193 | +€60,216 | +53.8% |
| Deferred charges and accrued income | 490/1 | €2,105 | €2,179 | +€74 | +3.5% |
| Total equity and liabilities | 10/49 | €1,132,559 | €1,287,167 | +€154,608 | +13.7% |
| Equity | 10/15 | €975,171 | €1,128,425 | +€153,254 | +15.7% |
| Contributions | 10/11 | €155,400 | €155,400 | = | 0.0% |
| Capital | 10 | - | €155,400 | +€155,400 | |
| Issued capital | 100 | - | €155,400 | +€155,400 | |
| Contributions outside capital | 11 | €155,400 | - | -€155,400 | |
| Other | 1109/19 | €155,400 | - | -€155,400 | |
| Reserves | 13 | €819,771 | €973,025 | +€153,254 | +18.7% |
| Non-distributable reserves | 130/1 | €1,965 | €1,965 | = | 0.0% |
| Legal reserve | 130 | - | €1,965 | +€1,965 | |
| Reserves not available under the articles | 1311 | €1,965 | - | -€1,965 | |
| Distributable reserves | 133 | €817,806 | €971,060 | +€153,254 | +18.7% |
| Amounts payable | 17/49 | €157,388 | €158,742 | +€1,354 | +0.9% |
| Amounts payable after more than one year | 17 | €2,793 | - | -€2,793 | |
| Financial debts | 170/4 | €2,793 | - | -€2,793 | |
| Amounts payable within one year | 42/48 | €131,887 | €145,388 | +€13,501 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €11,924 | €3,720 | -€8,204 | -68.8% |
| Trade debts | 44 | €1,266 | €1,640 | +€374 | +29.5% |
| Suppliers | 440/4 | €1,266 | €1,640 | +€374 | +29.5% |
| Other amounts payable | 47/48 | €118,697 | €140,028 | +€21,331 | +18.0% |
| Accrued charges and deferred income | 492/3 | €22,708 | €13,354 | -€9,354 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,356 | €5,357 | +€1 | 0.0% |
| Other operating charges | 640/8 | €3,721 | €3,840 | +€119 | +3.2% |
| Gross operating margin | 9900 | €235,643 | €247,302 | +€11,659 | +4.9% |
| Operating profit (loss) | 9901 | €226,566 | €238,105 | +€11,539 | +5.1% |
| Financial income | 75/76B | €104 | €26,481 | +€26,377 | +25,363% |
| Recurring financial income | 75 | €104 | €26,481 | +€26,377 | +25,363% |
| Financial charges | 65/66B | €8,209 | €8,104 | -€105 | -1.3% |
| Recurring financial charges | 65 | €8,209 | €8,104 | -€105 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €218,461 | €256,482 | +€38,021 | +17.4% |
| Income taxes | 67/77 | €52,973 | €58,228 | +€5,255 | +9.9% |
| Profit (loss) for the period | 9904 | €165,488 | €198,254 | +€32,766 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €165,488 | €198,254 | +€32,766 | +19.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.