WULFFAERT BEHEER: 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.
WULFFAERT BEHEER
Largest movements
- Tangible fixed assets -€12,113
down €12,113 (-1.7%), from €693,345 to €681,232
- Debts after one year -€14,334
down €14,334 (-5.7%), from €252,927 to €238,593
- Gross operating margin +€12,565
up €12,565 (+42.7%), from €29,446 to €42,012
- Financial charges +€8,505
up €8,505 (+312%), from €2,726 to €11,231
- Other operating charges -€7,310
down €7,310 (-29.6%), from €24,711 to €17,401
- Depreciation +€5,069
up €5,069 (+72.0%), from €7,044 to €12,113
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €886,694 | €874,135 | -€12,560 | -1.4% |
| Fixed assets | 21/28 | €693,345 | €681,232 | -€12,113 | -1.7% |
| Tangible fixed assets | 22/27 | €693,345 | €681,232 | -€12,113 | -1.7% |
| Land and buildings | 22 | €693,345 | €681,232 | -€12,113 | -1.7% |
| Current assets | 29/58 | €193,350 | €192,903 | -€447 | -0.2% |
| Amounts receivable within one year | 40/41 | €188,100 | €190,226 | +€2,126 | +1.1% |
| Other amounts receivable | 41 | €188,100 | €190,226 | +€2,126 | +1.1% |
| Cash at bank and in hand | 54/58 | €4,246 | €1,495 | -€2,752 | -64.8% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,182 | +€179 | +17.9% |
| Total equity and liabilities | 10/49 | €886,694 | €874,135 | -€12,560 | -1.4% |
| Equity | 10/15 | €342,005 | €343,157 | +€1,152 | +0.3% |
| Contributions | 10/11 | €181,000 | €181,000 | = | 0.0% |
| Capital | 10 | €181,000 | €181,000 | = | 0.0% |
| Issued capital | 100 | €181,000 | €181,000 | = | 0.0% |
| Reserves | 13 | €161,005 | €162,157 | +€1,152 | +0.7% |
| Non-distributable reserves | 130/1 | €18,100 | €18,100 | = | 0.0% |
| Legal reserve | 130 | €18,100 | €18,100 | = | 0.0% |
| Distributable reserves | 133 | €142,905 | €144,057 | +€1,152 | +0.8% |
| Amounts payable | 17/49 | €544,690 | €530,978 | -€13,711 | -2.5% |
| Amounts payable after more than one year | 17 | €252,927 | €238,593 | -€14,334 | -5.7% |
| Financial debts | 170/4 | €252,927 | €238,593 | -€14,334 | -5.7% |
| Amounts payable within one year | 42/48 | €291,763 | €292,386 | +€623 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €13,822 | €14,334 | +€512 | +3.7% |
| Trade debts | 44 | €549 | €545 | -€4 | -0.8% |
| Suppliers | 440/4 | €549 | €545 | -€4 | -0.8% |
| Taxes, remuneration and social security | 45 | - | €115 | +€115 | |
| Taxes | 450/3 | - | €115 | +€115 | |
| Other amounts payable | 47/48 | €277,392 | €277,392 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,044 | €12,113 | +€5,069 | +72.0% |
| Other operating charges | 640/8 | €24,711 | €17,401 | -€7,310 | -29.6% |
| Gross operating margin | 9900 | €29,446 | €42,012 | +€12,565 | +42.7% |
| Operating profit (loss) | 9901 | -€2,309 | €12,498 | +€14,807 | |
| Financial charges | 65/66B | €2,726 | €11,231 | +€8,505 | +312% |
| Recurring financial charges | 65 | €2,726 | €11,231 | +€8,505 | +312% |
| Profit (loss) for the period before taxes | 9903 | -€5,035 | €1,267 | +€6,302 | |
| Income taxes | 67/77 | - | €115 | +€115 | |
| Profit (loss) for the period | 9904 | -€5,035 | €1,152 | +€6,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,035 | €1,152 | +€6,187 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.