WOUTERS SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€146,719
up €146,719 (+85.4%), from €171,730 to €318,449
of which Trade receivables: +€144,309
- Tangible fixed assets +€72,435
up €72,435 (+32.1%), from €225,862 to €298,296
of which Leasing and similar rights: +€118,580
- Cash -€27,531
down €27,531 (-38.2%), from €71,995 to €44,464
mainly Receivables within one year (-€146,719) and Investment in fixed assets (net) (-€146,455)
- Trade debts +€156,551
up €156,551 (+998%), from €15,685 to €172,236
- Tax, wage and social debts -€103,603
down €103,603 (-62.3%), from €166,176 to €62,572
of which Taxes: -€100,648
- Debts after one year +€55,879
up €55,879 (+40.9%), from €136,473 to €192,352
- Accrued charges and deferred income +€46,165
new in 2025: €46,165
- Current portion of long-term debt +€23,562
up €23,562 (+33.8%), from €69,667 to €93,230
- Staff costs +€140,019
up €140,019 (+27.4%), from €510,544 to €650,563
- Gross operating margin +€99,138
up €99,138 (+14.5%), from €682,391 to €781,529
- Taxes -€16,947
down €16,947 (-56.7%), from €29,891 to €12,944
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 | €542,426 | €740,049 | +€197,623 | +36.4% |
| Fixed assets | 21/28 | €230,702 | €303,136 | +€72,435 | +31.4% |
| Tangible fixed assets | 22/27 | €225,862 | €298,296 | +€72,435 | +32.1% |
| Plant, machinery and equipment | 23 | €1,383 | €300 | -€1,083 | -78.3% |
| Furniture and vehicles | 24 | €74,537 | €29,474 | -€45,062 | -60.5% |
| Leasing and similar rights | 25 | €149,942 | €268,522 | +€118,580 | +79.1% |
| Financial fixed assets | 28 | €4,840 | €4,840 | = | 0.0% |
| Current assets | 29/58 | €311,724 | €436,913 | +€125,189 | +40.2% |
| Amounts receivable after more than one year | 29 | €68,000 | €74,000 | +€6,000 | +8.8% |
| Other amounts receivable | 291 | €68,000 | €74,000 | +€6,000 | +8.8% |
| Amounts receivable within one year | 40/41 | €171,730 | €318,449 | +€146,719 | +85.4% |
| Trade receivables | 40 | €169,889 | €314,198 | +€144,309 | +84.9% |
| Other amounts receivable | 41 | €1,841 | €4,252 | +€2,411 | +131% |
| Cash at bank and in hand | 54/58 | €71,995 | €44,464 | -€27,531 | -38.2% |
| Total equity and liabilities | 10/49 | €542,426 | €740,049 | +€197,623 | +36.4% |
| Equity | 10/15 | €154,426 | €172,483 | +€18,058 | +11.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €91,257 | €109,315 | +€18,058 | +19.8% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €485 | €485 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,665 | €5,665 | = | 0.0% |
| Distributable reserves | 133 | €85,107 | €103,165 | +€18,058 | +21.2% |
| Profit (loss) carried forward | 14 | €1,668 | €1,668 | = | 0.0% |
| Amounts payable | 17/49 | €388,000 | €567,566 | +€179,566 | +46.3% |
| Amounts payable after more than one year | 17 | €136,473 | €192,352 | +€55,879 | +40.9% |
| Financial debts | 170/4 | €136,473 | €192,352 | +€55,879 | +40.9% |
| Amounts payable within one year | 42/48 | €251,527 | €329,049 | +€77,522 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €69,667 | €93,230 | +€23,562 | +33.8% |
| Trade debts | 44 | €15,685 | €172,236 | +€156,551 | +998% |
| Suppliers | 440/4 | €15,685 | €172,236 | +€156,551 | +998% |
| Taxes, remuneration and social security | 45 | €166,176 | €62,572 | -€103,603 | -62.3% |
| Taxes | 450/3 | €150,707 | €50,059 | -€100,648 | -66.8% |
| Remuneration and social security | 454/9 | €15,469 | €12,514 | -€2,955 | -19.1% |
| Other amounts payable | 47/48 | - | €1,011 | +€1,011 | |
| Accrued charges and deferred income | 492/3 | - | €46,165 | +€46,165 | |
| Non-recurring operating income | 76A | €3,026 | €20,807 | +€17,781 | +588% |
| Remuneration, social security and pensions | 62 | €510,544 | €650,563 | +€140,019 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,593 | €74,021 | +€6,427 | +9.5% |
| Other operating charges | 640/8 | €11,276 | €4,143 | -€7,133 | -63.3% |
| Non-recurring operating charges | 66A | €250 | €6,328 | +€6,078 | +2,431% |
| Gross operating margin | 9900 | €682,391 | €781,529 | +€99,138 | +14.5% |
| Operating profit (loss) | 9901 | €92,728 | €46,475 | -€46,253 | -49.9% |
| Financial income | 75/76B | €1,377 | €144 | -€1,233 | -89.5% |
| Recurring financial income | 75 | €1,377 | €144 | -€1,233 | -89.5% |
| Financial charges | 65/66B | €21,094 | €15,617 | -€5,477 | -26.0% |
| Recurring financial charges | 65 | €21,094 | €15,617 | -€5,477 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €73,011 | €31,002 | -€42,009 | -57.5% |
| Income taxes | 67/77 | €29,891 | €12,944 | -€16,947 | -56.7% |
| Profit (loss) for the period | 9904 | €43,120 | €18,058 | -€25,062 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,120 | €18,058 | -€25,062 | -58.1% |
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 16 October 2026 via checked.be.