Woutraco: 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.
Woutraco
Largest movements
- Receivables within one year -€47,731
down €47,731 (-19.2%), from €249,192 to €201,461
of which Other amounts receivable: -€25,716
- Tangible fixed assets -€39,600
down €39,600 (-22.2%), from €178,448 to €138,848
of which Furniture and vehicles: -€42,385
- Reserves -€39,165
down €39,165 (-33.0%), from €118,701 to €79,536
of which Distributable reserves: -€39,165
- Trade debts -€36,979
down €36,979 (-50.5%), from €73,265 to €36,286
- Debts after one year -€31,964
down €31,964 (-23.9%), from €133,585 to €101,621
- Other debts +€24,400
up €24,400 (+26.1%), from €93,642 to €118,042
- Tax, wage and social debts -€18,868
down €18,868 (-88.4%), from €21,342 to €2,473
of which Taxes: -€14,338
- Gross operating margin +€72,557
up €72,557 (+128.1%), from €56,651 to €129,208
- Depreciation +€14,846
up €14,846 (+60.0%), from €24,754 to €39,600
- Other operating charges -€13,197
down €13,197 (-91.4%), from €14,431 to €1,235
- Financial charges +€5,292
up €5,292 (+54.2%), from €9,769 to €15,060
- Staff costs -€5,216
down €5,216 (-7.0%), from €74,808 to €69,592
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
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 | €427,640 | €340,864 | -€86,776 | -20.3% |
| Fixed assets | 21/28 | €178,448 | €138,848 | -€39,600 | -22.2% |
| Tangible fixed assets | 22/27 | €178,448 | €138,848 | -€39,600 | -22.2% |
| Plant, machinery and equipment | 23 | €1,777 | €1,657 | -€120 | -6.8% |
| Furniture and vehicles | 24 | €176,671 | €134,286 | -€42,385 | -24.0% |
| Leasing and similar rights | 25 | - | €2,905 | +€2,905 | |
| Current assets | 29/58 | €249,192 | €202,016 | -€47,176 | -18.9% |
| Amounts receivable within one year | 40/41 | €249,192 | €201,461 | -€47,731 | -19.2% |
| Trade receivables | 40 | €49,087 | €27,073 | -€22,014 | -44.8% |
| Other amounts receivable | 41 | €200,105 | €174,388 | -€25,716 | -12.9% |
| Deferred charges and accrued income | 490/1 | - | €555 | +€555 | |
| Total equity and liabilities | 10/49 | €427,640 | €340,864 | -€86,776 | -20.3% |
| Equity | 10/15 | €71,316 | €35,902 | -€35,414 | -49.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €118,701 | €79,536 | -€39,165 | -33.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €116,842 | €77,677 | -€39,165 | -33.5% |
| Profit (loss) carried forward | 14 | -€65,977 | -€62,226 | +€3,751 | +5.7% |
| Amounts payable | 17/49 | €356,324 | €304,962 | -€51,362 | -14.4% |
| Amounts payable after more than one year | 17 | €133,585 | €101,621 | -€31,964 | -23.9% |
| Financial debts | 170/4 | €133,585 | €101,621 | -€31,964 | -23.9% |
| Amounts payable within one year | 42/48 | €222,739 | €203,341 | -€19,398 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €29,610 | €34,519 | +€4,909 | +16.6% |
| Financial debts | 43 | €4,881 | €12,022 | +€7,140 | +146.3% |
| Credit institutions | 430/8 | €4,881 | €12,022 | +€7,140 | +146.3% |
| Trade debts | 44 | €73,265 | €36,286 | -€36,979 | -50.5% |
| Suppliers | 440/4 | €73,265 | €36,286 | -€36,979 | -50.5% |
| Taxes, remuneration and social security | 45 | €21,342 | €2,473 | -€18,868 | -88.4% |
| Taxes | 450/3 | €14,338 | - | -€14,338 | |
| Remuneration and social security | 454/9 | €7,003 | €2,473 | -€4,530 | -64.7% |
| Other amounts payable | 47/48 | €93,642 | €118,042 | +€24,400 | +26.1% |
| Remuneration, social security and pensions | 62 | €74,808 | €69,592 | -€5,216 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,754 | €39,600 | +€14,846 | +60.0% |
| Other operating charges | 640/8 | €14,431 | €1,235 | -€13,197 | -91.4% |
| Gross operating margin | 9900 | €56,651 | €129,208 | +€72,557 | +128.1% |
| Operating profit (loss) | 9901 | -€57,342 | €18,781 | +€76,123 | |
| Financial income | 75/76B | €0 | €30 | +€30 | +299900.0% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +299900.0% |
| Financial charges | 65/66B | €9,769 | €15,060 | +€5,292 | +54.2% |
| Recurring financial charges | 65 | €9,769 | €15,060 | +€5,292 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | -€67,111 | €3,751 | +€70,862 | |
| Profit (loss) for the period | 9904 | -€67,111 | €3,751 | +€70,862 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,111 | €3,751 | +€70,862 |
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 6 October 2026 via checked.be.