ANNICK VAN WESEMAEL: 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.
ANNICK VAN WESEMAEL
Largest movements
- Receivables within one year -€26,491
down €26,491 (-33.1%), from €80,115 to €53,624
of which Trade receivables: -€30,399
- Other debts -€28,488
down €28,488 (-97.7%), from €29,154 to €666
- Trade debts +€13,260
up €13,260 (+499%), from €2,656 to €15,917
- Tax, wage and social debts -€9,591
down €9,591 (-70.7%), from €13,575 to €3,984
- Debts after one year -€6,209
down €6,209 (-43.1%), from €14,410 to €8,201
- Reserves +€4,027
up €4,027 (+47.7%), from €8,433 to €12,460
- Gross operating margin -€25,752
down €25,752 (-77.4%), from €33,261 to €7,510
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 | €80,340 | €53,636 | -€26,705 | -33.2% |
| Current assets | 29/58 | €80,340 | €53,636 | -€26,705 | -33.2% |
| Amounts receivable within one year | 40/41 | €80,115 | €53,624 | -€26,491 | -33.1% |
| Trade receivables | 40 | €80,115 | €49,716 | -€30,399 | -37.9% |
| Other amounts receivable | 41 | - | €3,908 | +€3,908 | |
| Cash at bank and in hand | 54/58 | €226 | €12 | -€214 | -94.7% |
| Total equity and liabilities | 10/49 | €80,340 | €53,636 | -€26,705 | -33.2% |
| Equity | 10/15 | €14,633 | €18,660 | +€4,027 | +27.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,433 | €12,460 | +€4,027 | +47.7% |
| Distributable reserves | 133 | €8,433 | €12,460 | +€4,027 | +47.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €65,708 | €34,976 | -€30,731 | -46.8% |
| Amounts payable after more than one year | 17 | €14,410 | €8,201 | -€6,209 | -43.1% |
| Financial debts | 170/4 | €14,410 | €8,201 | -€6,209 | -43.1% |
| Amounts payable within one year | 42/48 | €51,298 | €26,776 | -€24,522 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €5,913 | €6,209 | +€296 | +5.0% |
| Trade debts | 44 | €2,656 | €15,917 | +€13,260 | +499% |
| Suppliers | 440/4 | €2,656 | €15,917 | +€13,260 | +499% |
| Taxes, remuneration and social security | 45 | €13,575 | €3,984 | -€9,591 | -70.7% |
| Taxes | 450/3 | €13,575 | €3,984 | -€9,591 | -70.7% |
| Other amounts payable | 47/48 | €29,154 | €666 | -€28,488 | -97.7% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €33,261 | €7,510 | -€25,752 | -77.4% |
| Operating profit (loss) | 9901 | €32,733 | €6,966 | -€25,768 | -78.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,872 | €1,597 | -€275 | -14.7% |
| Recurring financial charges | 65 | €1,872 | €1,597 | -€275 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €30,862 | €5,369 | -€25,493 | -82.6% |
| Income taxes | 67/77 | €1,044 | €1,342 | +€299 | +28.6% |
| Profit (loss) for the period | 9904 | €29,818 | €4,027 | -€25,791 | -86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,818 | €4,027 | -€25,791 | -86.5% |
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 24 October 2026 via checked.be.