DR. M. VAN WAMBEKE: what changed
DR. M. VAN WAMBEKE
Largest movements
- Cash -€49,664
down €49,664 (-21.8%), from €227,982 to €178,317
mainly Contributions, distributions and other (-€356,300) and Tax, wage and social debts (-€44,908)
- Tangible fixed assets -€13,373
down €13,373 (-31.5%), from €42,439 to €29,066
- Receivables within one year +€7,748
up €7,748 (+303%), from €2,553 to €10,301
- Profit (loss) carried forward -€168,729
down €168,729 (-100.0%), from €168,734 to €4
- Other debts +€158,000
up €158,000 (+285%), from €55,500 to €213,500
- Tax, wage and social debts -€44,908
down €44,908 (-99.5%), from €45,147 to €239
- Gross operating margin +€35,544
up €35,544 (+15.8%), from €225,672 to €261,216
- Taxes +€8,375
up €8,375 (+17.3%), from €48,419 to €56,794
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,179 | €220,049 | -€55,130 | -20.0% |
| Fixed assets | 21/28 | €42,439 | €29,066 | -€13,373 | -31.5% |
| Tangible fixed assets | 22/27 | €42,439 | €29,066 | -€13,373 | -31.5% |
| Furniture and vehicles | 24 | €42,439 | €29,066 | -€13,373 | -31.5% |
| Current assets | 29/58 | €232,740 | €190,982 | -€41,757 | -17.9% |
| Amounts receivable within one year | 40/41 | €2,553 | €10,301 | +€7,748 | +303% |
| Other amounts receivable | 41 | €2,553 | €10,301 | +€7,748 | +303% |
| Cash at bank and in hand | 54/58 | €227,982 | €178,317 | -€49,664 | -21.8% |
| Deferred charges and accrued income | 490/1 | €2,205 | €2,364 | +€159 | +7.2% |
| Total equity and liabilities | 10/49 | €275,179 | €220,049 | -€55,130 | -20.0% |
| Equity | 10/15 | €173,734 | €5,004 | -€168,729 | -97.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,734 | €4 | -€168,729 | -100.0% |
| Amounts payable | 17/49 | €101,445 | €215,044 | +€113,599 | +112% |
| Amounts payable within one year | 42/48 | €101,133 | €214,564 | +€113,431 | +112% |
| Trade debts | 44 | €486 | €825 | +€339 | +69.6% |
| Suppliers | 440/4 | €486 | €825 | +€339 | +69.6% |
| Taxes, remuneration and social security | 45 | €45,147 | €239 | -€44,908 | -99.5% |
| Taxes | 450/3 | €45,147 | €239 | -€44,908 | -99.5% |
| Other amounts payable | 47/48 | €55,500 | €213,500 | +€158,000 | +285% |
| Accrued charges and deferred income | 492/3 | €312 | €480 | +€168 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,752 | €15,210 | +€458 | +3.1% |
| Other operating charges | 640/8 | €247 | €1,451 | +€1,203 | +486% |
| Gross operating margin | 9900 | €225,672 | €261,216 | +€35,544 | +15.8% |
| Operating profit (loss) | 9901 | €210,672 | €244,555 | +€33,883 | +16.1% |
| Financial charges | 65/66B | €122 | €190 | +€68 | +55.3% |
| Recurring financial charges | 65 | €122 | €190 | +€68 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €210,550 | €244,365 | +€33,815 | +16.1% |
| Income taxes | 67/77 | €48,419 | €56,794 | +€8,375 | +17.3% |
| Profit (loss) for the period | 9904 | €162,131 | €187,571 | +€25,440 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €162,131 | €187,571 | +€25,440 | +15.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.