Woutlaw: 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.
Woutlaw
Largest movements
- Cash -€85,269
down €85,269 (-68.9%), from €123,777 to €38,508
mainly Contributions, distributions and other (-€100,000) and Other debts (-€38,272)
- Tangible fixed assets -€5,083
down €5,083 (-28.5%), from €17,810 to €12,726
of which Furniture and vehicles: -€4,715
- Receivables within one year +€1,977
up €1,977 (+4.0%), from €49,033 to €51,010
of which Trade receivables: +€1,500
- Other debts -€38,272
down €38,272 (-82.8%), from €46,237 to €7,966
- Profit (loss) carried forward -€30,103
down €30,103 (-47.7%), from €63,132 to €33,029
- Tax, wage and social debts -€15,406
down €15,406 (-67.5%), from €22,830 to €7,424
- Debts after one year -€5,164
down €5,164 (-79.9%), from €6,461 to €1,297
- Gross operating margin +€9,347
up €9,347 (+10.7%), from €87,591 to €96,938
- Taxes +€1,669
up €1,669 (+9.7%), from €17,228 to €18,897
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 | €191,039 | €102,735 | -€88,304 | -46.2% |
| Fixed assets | 21/28 | €17,811 | €12,727 | -€5,083 | -28.5% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -12.7% |
| Tangible fixed assets | 22/27 | €17,810 | €12,726 | -€5,083 | -28.5% |
| Plant, machinery and equipment | 23 | €1,820 | €1,452 | -€368 | -20.2% |
| Furniture and vehicles | 24 | €15,990 | €11,275 | -€4,715 | -29.5% |
| Current assets | 29/58 | €173,229 | €90,008 | -€83,220 | -48.0% |
| Amounts receivable within one year | 40/41 | €49,033 | €51,010 | +€1,977 | +4.0% |
| Trade receivables | 40 | €48,762 | €50,261 | +€1,500 | +3.1% |
| Other amounts receivable | 41 | €272 | €749 | +€477 | +175% |
| Cash at bank and in hand | 54/58 | €123,777 | €38,508 | -€85,269 | -68.9% |
| Deferred charges and accrued income | 490/1 | €418 | €490 | +€71 | +17.1% |
| Total equity and liabilities | 10/49 | €191,039 | €102,735 | -€88,304 | -46.2% |
| Equity | 10/15 | €109,746 | €79,643 | -€30,103 | -27.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €39,614 | €39,614 | = | 0.0% |
| Distributable reserves | 133 | €39,614 | €39,614 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,132 | €33,029 | -€30,103 | -47.7% |
| Amounts payable | 17/49 | €81,294 | €23,093 | -€58,201 | -71.6% |
| Amounts payable after more than one year | 17 | €6,461 | €1,297 | -€5,164 | -79.9% |
| Financial debts | 170/4 | €6,461 | €1,297 | -€5,164 | -79.9% |
| Amounts payable within one year | 42/48 | €74,832 | €21,796 | -€53,037 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €5,127 | €5,164 | +€37 | +0.7% |
| Trade debts | 44 | €638 | €1,242 | +€604 | +94.6% |
| Suppliers | 440/4 | €638 | €1,242 | +€604 | +94.6% |
| Taxes, remuneration and social security | 45 | €22,830 | €7,424 | -€15,406 | -67.5% |
| Taxes | 450/3 | €22,830 | €7,424 | -€15,406 | -67.5% |
| Other amounts payable | 47/48 | €46,237 | €7,966 | -€38,272 | -82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,587 | €7,354 | +€767 | +11.6% |
| Other operating charges | 640/8 | €414 | €600 | +€187 | +45.1% |
| Gross operating margin | 9900 | €87,591 | €96,938 | +€9,347 | +10.7% |
| Operating profit (loss) | 9901 | €80,590 | €88,984 | +€8,393 | +10.4% |
| Financial charges | 65/66B | €231 | €190 | -€41 | -17.7% |
| Recurring financial charges | 65 | €231 | €190 | -€41 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €80,360 | €88,794 | +€8,434 | +10.5% |
| Income taxes | 67/77 | €17,228 | €18,897 | +€1,669 | +9.7% |
| Profit (loss) for the period | 9904 | €63,132 | €69,897 | +€6,765 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,132 | €69,897 | +€6,765 | +10.7% |
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 23 October 2026 via checked.be.