Wytsman Patrick: 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.
Wytsman Patrick
Largest movements
- Cash -€10,582
down €10,582 (-14.8%), from €71,282 to €60,700
mainly Net result for the year (-€8,490) and Debts after one year (-€6,792)
- Tangible fixed assets -€8,023
down €8,023 (-23.4%), from €34,303 to €26,280
- Receivables within one year +€4,089
up €4,089 (+16.0%), from €25,538 to €29,628
of which Trade receivables: +€3,196
- Stocks and contracts -€3,779
down €3,779 (-40.9%), from €9,250 to €5,471
of which Contracts in progress: -€5,797
- Profit (loss) carried forward -€8,490
down €8,490 (-112%), from -€7,560 to -€16,050
- Debts after one year -€6,792
down €6,792 (-27.9%), from €24,370 to €17,578
- Trade debts -€2,392
down €2,392 (-49.1%), from €4,867 to €2,476
- Gross operating margin +€15,733
up €15,733, from -€13,366 to €2,367
- Depreciation +€2,793
up €2,793 (+53.4%), from €5,230 to €8,023
- Financial income -€163
down €163 (-52.7%), from €308 to €146
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 | €142,120 | €124,199 | -€17,921 | -12.6% |
| Fixed assets | 21/28 | €35,053 | €27,030 | -€8,023 | -22.9% |
| Tangible fixed assets | 22/27 | €34,303 | €26,280 | -€8,023 | -23.4% |
| Furniture and vehicles | 24 | €34,303 | €26,280 | -€8,023 | -23.4% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €107,068 | €97,170 | -€9,898 | -9.2% |
| Stocks and contracts in progress | 3 | €9,250 | €5,471 | -€3,779 | -40.9% |
| Stocks | 30/36 | €3,454 | €5,471 | +€2,017 | +58.4% |
| Contracts in progress | 37 | €5,797 | - | -€5,797 | |
| Amounts receivable within one year | 40/41 | €25,538 | €29,628 | +€4,089 | +16.0% |
| Trade receivables | 40 | €16,313 | €19,509 | +€3,196 | +19.6% |
| Other amounts receivable | 41 | €9,225 | €10,118 | +€893 | +9.7% |
| Cash at bank and in hand | 54/58 | €71,282 | €60,700 | -€10,582 | -14.8% |
| Deferred charges and accrued income | 490/1 | €996 | €1,371 | +€375 | +37.6% |
| Total equity and liabilities | 10/49 | €142,120 | €124,199 | -€17,921 | -12.6% |
| Equity | 10/15 | €59,589 | €51,099 | -€8,490 | -14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,949 | €60,949 | = | 0.0% |
| Distributable reserves | 133 | €60,949 | €60,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,560 | -€16,050 | -€8,490 | -112% |
| Amounts payable | 17/49 | €82,531 | €73,101 | -€9,431 | -11.4% |
| Amounts payable after more than one year | 17 | €24,370 | €17,578 | -€6,792 | -27.9% |
| Financial debts | 170/4 | €24,370 | €17,578 | -€6,792 | -27.9% |
| Amounts payable within one year | 42/48 | €54,361 | €51,699 | -€2,662 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €6,526 | €6,792 | +€266 | +4.1% |
| Trade debts | 44 | €4,867 | €2,476 | -€2,392 | -49.1% |
| Suppliers | 440/4 | €4,867 | €2,476 | -€2,392 | -49.1% |
| Taxes, remuneration and social security | 45 | €2,250 | €2,092 | -€158 | -7.0% |
| Taxes | 450/3 | €300 | €142 | -€158 | -52.7% |
| Remuneration and social security | 454/9 | €1,950 | €1,950 | = | 0.0% |
| Other amounts payable | 47/48 | €40,717 | €40,339 | -€378 | -0.9% |
| Accrued charges and deferred income | 492/3 | €3,800 | €3,823 | +€23 | +0.6% |
| Non-recurring operating income | 76A | €4,773 | - | -€4,773 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,230 | €8,023 | +€2,793 | +53.4% |
| Other operating charges | 640/8 | €1,572 | €1,471 | -€101 | -6.4% |
| Gross operating margin | 9900 | -€13,366 | €2,367 | +€15,733 | |
| Operating profit (loss) | 9901 | -€20,168 | -€7,127 | +€13,041 | +64.7% |
| Financial income | 75/76B | €308 | €146 | -€163 | -52.7% |
| Recurring financial income | 75 | €308 | €146 | -€163 | -52.7% |
| Financial charges | 65/66B | €1,268 | €1,369 | +€101 | +8.0% |
| Recurring financial charges | 65 | €1,268 | €1,369 | +€101 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,128 | -€8,351 | +€12,777 | +60.5% |
| Income taxes | 67/77 | €161 | €140 | -€22 | -13.5% |
| Profit (loss) for the period | 9904 | -€21,289 | -€8,490 | +€12,799 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,289 | -€8,490 | +€12,799 | +60.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.