WOUTERS SORTPACK: what changed
Two fiscal 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 SORTPACK
Largest movements
- Current investments -€70,000
down €70,000 (-5.3%), from €1.3m to €1.3m
- Receivables within one year +€65,542
up €65,542 (+12.1%), from €542,026 to €607,568
of which Trade receivables: +€56,138
- Cash +€41,848
up €41,848 (+588.9%), from €7,106 to €48,954
mainly Net result for the year (+€191,956) and Current investments (+€70,000)
- Reserves +€191,956
up €191,956 (+12.0%), from €1.6m to €1.8m
- Tax, wage and social debts -€134,695
down €134,695 (-79.0%), from €170,405 to €35,709
of which Taxes: -€135,732
- Staff costs +€44,403
up €44,403 (+9.3%), from €478,712 to €523,114
- Gross operating margin +€28,036
up €28,036 (+3.9%), from €721,625 to €749,661
- Financial income -€14,073
down €14,073 (-31.2%), from €45,141 to €31,067
- Taxes -€7,914
down €7,914 (-10.9%), from €72,556 to €64,643
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.
Cash bridge derived
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 | €1,869,884 | €1,916,287 | +€46,403 | +2.5% |
| Current assets | 29/58 | €1,869,884 | €1,916,287 | +€46,403 | +2.5% |
| Amounts receivable within one year | 40/41 | €542,026 | €607,568 | +€65,542 | +12.1% |
| Trade receivables | 40 | €541,903 | €598,042 | +€56,138 | +10.4% |
| Other amounts receivable | 41 | €123 | €9,526 | +€9,403 | +7650.1% |
| Current investments | 50/53 | €1,320,000 | €1,250,000 | -€70,000 | -5.3% |
| Cash at bank and in hand | 54/58 | €7,106 | €48,954 | +€41,848 | +588.9% |
| Deferred charges and accrued income | 490/1 | €752 | €9,765 | +€9,013 | +1199.2% |
| Total equity and liabilities | 10/49 | €1,869,884 | €1,916,287 | +€46,403 | +2.5% |
| Equity | 10/15 | €1,618,297 | €1,810,253 | +€191,956 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,599,697 | €1,791,653 | +€191,956 | +12.0% |
| Distributable reserves | 133 | €1,599,697 | €1,791,653 | +€191,956 | +12.0% |
| Amounts payable | 17/49 | €251,587 | €106,034 | -€145,553 | -57.9% |
| Amounts payable within one year | 42/48 | €251,587 | €106,034 | -€145,553 | -57.9% |
| Trade debts | 44 | €75,815 | €64,457 | -€11,357 | -15.0% |
| Suppliers | 440/4 | €75,815 | €64,457 | -€11,357 | -15.0% |
| Taxes, remuneration and social security | 45 | €170,405 | €35,709 | -€134,695 | -79.0% |
| Taxes | 450/3 | €143,765 | €8,033 | -€135,732 | -94.4% |
| Remuneration and social security | 454/9 | €26,640 | €27,676 | +€1,036 | +3.9% |
| Other amounts payable | 47/48 | €5,367 | €5,867 | +€500 | +9.3% |
| Remuneration, social security and pensions | 62 | €478,712 | €523,114 | +€44,403 | +9.3% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €721,625 | €749,661 | +€28,036 | +3.9% |
| Operating profit (loss) | 9901 | €241,946 | €225,548 | -€16,398 | -6.8% |
| Financial income | 75/76B | €45,141 | €31,067 | -€14,073 | -31.2% |
| Recurring financial income | 75 | €45,141 | €31,067 | -€14,073 | -31.2% |
| Financial charges | 65/66B | €199 | €17 | -€182 | -91.5% |
| Recurring financial charges | 65 | €199 | €17 | -€182 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €286,887 | €256,599 | -€30,289 | -10.6% |
| Income taxes | 67/77 | €72,556 | €64,643 | -€7,914 | -10.9% |
| Profit (loss) for the period | 9904 | €214,331 | €191,956 | -€22,375 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €214,331 | €191,956 | -€22,375 | -10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.