Docteur Héloïse WANET: 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.
Docteur Héloïse WANET
Largest movements
- Tangible fixed assets +€120,723
up €120,723 (+348%), from €34,650 to €155,373
of which Land and buildings: +€128,700
- Cash -€22,170
down €22,170 (-32.4%), from €68,520 to €46,350
mainly Investment in fixed assets (net) (-€148,543) and Contributions, distributions and other (-€36,127)
- Debts after one year +€89,136
new in 2025: €89,136
- Current portion of long-term debt +€12,639
new in 2025: €12,639
- Tax, wage and social debts -€2,112
down €2,112 (-63.3%), from €3,339 to €1,227
- Depreciation +€19,335
up €19,335 (+228%), from €8,486 to €27,821
- Gross operating margin +€8,767
up €8,767 (+12.4%), from €70,713 to €79,480
- Financial charges +€2,313
up €2,313 (+780%), from €296 to €2,609
- Taxes -€2,128
down €2,128 (-16.0%), from €13,332 to €11,204
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 | €108,248 | €207,463 | +€99,215 | +91.7% |
| Fixed assets | 21/28 | €34,650 | €155,373 | +€120,723 | +348% |
| Tangible fixed assets | 22/27 | €34,650 | €155,373 | +€120,723 | +348% |
| Land and buildings | 22 | - | €128,700 | +€128,700 | |
| Furniture and vehicles | 24 | €7,139 | €2,315 | -€4,825 | -67.6% |
| Other tangible fixed assets | 26 | €27,511 | €24,358 | -€3,153 | -11.5% |
| Current assets | 29/58 | €73,598 | €52,091 | -€21,508 | -29.2% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €68,520 | €46,350 | -€22,170 | -32.4% |
| Deferred charges and accrued income | 490/1 | €5,078 | €5,740 | +€662 | +13.0% |
| Total equity and liabilities | 10/49 | €108,248 | €207,463 | +€99,215 | +91.7% |
| Equity | 10/15 | €100,484 | €101,654 | +€1,170 | +1.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,484 | €95,654 | +€1,170 | +1.2% |
| Amounts payable | 17/49 | €7,764 | €105,809 | +€98,045 | +1,263% |
| Amounts payable after more than one year | 17 | - | €89,136 | +€89,136 | |
| Financial debts | 170/4 | - | €89,136 | +€89,136 | |
| Amounts payable within one year | 42/48 | €7,764 | €16,673 | +€8,908 | +115% |
| Current portion of amounts payable after more than one year | 42 | - | €12,639 | +€12,639 | |
| Trade debts | 44 | €1,747 | €1,566 | -€182 | -10.4% |
| Suppliers | 440/4 | €1,747 | €1,566 | -€182 | -10.4% |
| Taxes, remuneration and social security | 45 | €3,339 | €1,227 | -€2,112 | -63.3% |
| Taxes | 450/3 | €3,339 | €1,227 | -€2,112 | -63.3% |
| Other amounts payable | 47/48 | €2,678 | €1,241 | -€1,437 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,486 | €27,821 | +€19,335 | +228% |
| Other operating charges | 640/8 | €163 | €549 | +€385 | +236% |
| Gross operating margin | 9900 | €70,713 | €79,480 | +€8,767 | +12.4% |
| Operating profit (loss) | 9901 | €62,064 | €51,110 | -€10,953 | -17.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €296 | €2,609 | +€2,313 | +780% |
| Recurring financial charges | 65 | €296 | €2,609 | +€2,313 | +780% |
| Profit (loss) for the period before taxes | 9903 | €61,770 | €48,501 | -€13,268 | -21.5% |
| Income taxes | 67/77 | €13,332 | €11,204 | -€2,128 | -16.0% |
| Profit (loss) for the period | 9904 | €48,437 | €37,297 | -€11,140 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,437 | €37,297 | -€11,140 | -23.0% |
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 31 October 2026 via checked.be.