Wouters Projects: 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 Projects
Largest movements
- Receivables within one year -€19,732
down €19,732 (-7.2%), from €275,501 to €255,770
of which Trade receivables: -€70,830
- Tangible fixed assets -€5,086
down €5,086 (-24.4%), from €20,817 to €15,732
of which Furniture and vehicles: -€3,640
- Other debts -€44,510
down €44,510 (-34.2%), from €130,101 to €85,591
- Profit (loss) carried forward +€33,558
up €33,558 (+77.0%), from -€43,591 to -€10,033
- Trade debts -€21,906
down €21,906 (-31.6%), from €69,264 to €47,357
- Short-term financial debts +€5,649
up €5,649 (+62.4%), from €9,056 to €14,705
- Gross operating margin +€55,739
up €55,739 (+43.9%), from €126,932 to €182,670
- Other operating charges -€19,035
down €19,035 (-95.1%), from €20,011 to €976
- Taxes +€7,923
up €7,923 (+3,848%), from €206 to €8,128
- Staff costs +€6,024
up €6,024 (+4.8%), from €124,608 to €130,632
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,603 | €273,852 | -€25,751 | -8.6% |
| Fixed assets | 21/28 | €22,124 | €17,039 | -€5,086 | -23.0% |
| Tangible fixed assets | 22/27 | €20,817 | €15,732 | -€5,086 | -24.4% |
| Plant, machinery and equipment | 23 | €8,527 | €7,081 | -€1,446 | -17.0% |
| Furniture and vehicles | 24 | €12,290 | €8,651 | -€3,640 | -29.6% |
| Financial fixed assets | 28 | €1,307 | €1,307 | = | 0.0% |
| Current assets | 29/58 | €277,479 | €256,814 | -€20,665 | -7.4% |
| Amounts receivable within one year | 40/41 | €275,501 | €255,770 | -€19,732 | -7.2% |
| Trade receivables | 40 | €156,889 | €86,060 | -€70,830 | -45.1% |
| Other amounts receivable | 41 | €118,612 | €169,710 | +€51,098 | +43.1% |
| Deferred charges and accrued income | 490/1 | €1,977 | €1,044 | -€934 | -47.2% |
| Total equity and liabilities | 10/49 | €299,603 | €273,852 | -€25,751 | -8.6% |
| Equity | 10/15 | €76,409 | €109,967 | +€33,558 | +43.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,591 | -€10,033 | +€33,558 | +77.0% |
| Amounts payable | 17/49 | €223,194 | €163,886 | -€59,309 | -26.6% |
| Amounts payable within one year | 42/48 | €223,194 | €163,886 | -€59,309 | -26.6% |
| Financial debts | 43 | €9,056 | €14,705 | +€5,649 | +62.4% |
| Credit institutions | 430/8 | €9,056 | €14,705 | +€5,649 | +62.4% |
| Trade debts | 44 | €69,264 | €47,357 | -€21,906 | -31.6% |
| Suppliers | 440/4 | €69,264 | €47,357 | -€21,906 | -31.6% |
| Taxes, remuneration and social security | 45 | €14,773 | €16,232 | +€1,459 | +9.9% |
| Taxes | 450/3 | €206 | €8,128 | +€7,923 | +3,848% |
| Remuneration and social security | 454/9 | €14,567 | €8,104 | -€6,464 | -44.4% |
| Other amounts payable | 47/48 | €130,101 | €85,591 | -€44,510 | -34.2% |
| Remuneration, social security and pensions | 62 | €124,608 | €130,632 | +€6,024 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,278 | €8,046 | -€232 | -2.8% |
| Other operating charges | 640/8 | €20,011 | €976 | -€19,035 | -95.1% |
| Gross operating margin | 9900 | €126,932 | €182,670 | +€55,739 | +43.9% |
| Operating profit (loss) | 9901 | -€25,965 | €43,016 | +€68,982 | |
| Financial income | 75/76B | €164 | €7 | -€157 | -95.6% |
| Recurring financial income | 75 | €164 | €7 | -€157 | -95.6% |
| Financial charges | 65/66B | €1,903 | €1,337 | -€566 | -29.7% |
| Recurring financial charges | 65 | €1,903 | €1,337 | -€566 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,704 | €41,686 | +€69,390 | |
| Income taxes | 67/77 | €206 | €8,128 | +€7,923 | +3,848% |
| Profit (loss) for the period | 9904 | -€27,910 | €33,558 | +€61,467 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,910 | €33,558 | +€61,467 |
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 14 October 2026 via checked.be.