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WUDHE CONSTRUCTION: 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.

What changed

WUDHE CONSTRUCTION

BE 0821.382.340
NACE 43.211, General electrical installation work
financial year 2019 compared with 2018filed annual accounts (NBB)
Net result for the year
€3,599
2018 · €16,670-€13,071
Equity
€32,843
2018 · €29,244+€3,599
Cash
€484
2018 · €2,826-€2,342
Balance sheet total
€75,061
2018 · €37,495+€37,566

Largest movements

2018 to 2019
Assets
  • Receivables within one year +€33,303

    up €33,303 (+96.1%), from €34,669 to €67,972

  • Tangible fixed assets +€6,605

    new in 2019: €6,605

  • Cash -€2,342

    down €2,342 (-82.9%), from €2,826 to €484

    mainly Receivables within one year (-€33,303) and Investment in fixed assets (net) (-€6,605)

Equity and liabilities
  • Debts within one year +€33,967

    up €33,967 (+412%), from €8,251 to €42,218

  • Profit (loss) carried forward +€3,599

    up €3,599, from -€756 to €2,843

Income statement
  • Gross operating margin -€13,437

    down €13,437 (-77.1%), from €17,426 to €3,989

  • Depreciation -€756

    no longer reported in 2019 (was €756)

From the 2018 result to the 2019 result

effect on the 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.

Result 2018 €16,670
Gross operating margin -€13,437
Depreciation +€756
Other operating items -€363
Financial charges -€28
Result 2019 €3,599
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2018 to 2019

Derived from the 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€4,263
Investment -€6,605
Financing €0
Cash 2018 €2,826
Net result for the year +€3,599
Receivables within one year -€33,303
Debts within one year +€33,967
Investment in fixed assets (net) -€6,605
Cash 2019 €484
brings cash intakes cash out
Every line side by side 20 lines
Line Code 2018 2019 Change %
Total assets 20/58 €37,495 €75,061 +€37,566 +100%
Fixed assets 21/28 - €6,605 +€6,605
Tangible fixed assets 22/27 - €6,605 +€6,605
Current assets 29/58 €37,495 €68,456 +€30,961 +82.6%
Amounts receivable within one year 40/41 €34,669 €67,972 +€33,303 +96.1%
Cash at bank and in hand 54/58 €2,826 €484 -€2,342 -82.9%
Total equity and liabilities 10/49 €37,495 €75,061 +€37,566 +100%
Equity 10/15 €29,244 €32,843 +€3,599 +12.3%
Contributions 10/11 €30,000 €30,000 = 0.0%
Profit (loss) carried forward 14 -€756 €2,843 +€3,599
Amounts payable 17/49 €8,251 €42,218 +€33,967 +412%
Amounts payable within one year 42/48 €8,251 €42,218 +€33,967 +412%
Trade debts 44 €1,101 €3,924 +€2,823 +256%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €756 - -€756
Gross operating margin 9900 €17,426 €3,989 -€13,437 -77.1%
Operating profit (loss) 9901 €16,670 €3,627 -€13,043 -78.2%
Recurring financial charges 65 - €28 +€28
Profit (loss) for the period before taxes 9903 €16,670 €3,599 -€13,071 -78.4%
Profit (loss) for the period 9904 €16,670 €3,599 -€13,071 -78.4%
Profit (loss) for the period to be appropriated 9905 €16,670 €3,599 -€13,071 -78.4%

Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.