DR. S. WYNANTS: what changed
DR. S. WYNANTS
Largest movements
- Cash +€23,266
up €23,266 (+13.4%), from €173,749 to €197,016
mainly Net result for the year (+€49,108) and Depreciation (+€23,736)
- Receivables within one year -€15,351
down €15,351 (-90.2%), from €17,028 to €1,677
of which Other amounts receivable: -€9,271
- Tangible fixed assets -€14,800
down €14,800 (-13.5%), from €109,348 to €94,549
of which Plant, machinery and equipment: -€9,246
- Trade debts -€20,902
down €20,902 (-99.5%), from €21,004 to €102
- Other debts +€14,720
up €14,720 (+506%), from €2,911 to €17,631
- Gross operating margin +€44,360
up €44,360 (+75.2%), from €59,006 to €103,366
- Taxes +€8,388
up €8,388 (+81.3%), from €10,322 to €18,711
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 | €363,774 | €357,170 | -€6,604 | -1.8% |
| Fixed assets | 21/28 | €109,348 | €94,549 | -€14,800 | -13.5% |
| Tangible fixed assets | 22/27 | €109,348 | €94,549 | -€14,800 | -13.5% |
| Plant, machinery and equipment | 23 | €86,806 | €77,560 | -€9,246 | -10.7% |
| Furniture and vehicles | 24 | €22,543 | €16,989 | -€5,554 | -24.6% |
| Current assets | 29/58 | €254,426 | €262,622 | +€8,196 | +3.2% |
| Amounts receivable within one year | 40/41 | €17,028 | €1,677 | -€15,351 | -90.2% |
| Trade receivables | 40 | €6,080 | - | -€6,080 | |
| Other amounts receivable | 41 | €10,948 | €1,677 | -€9,271 | -84.7% |
| Current investments | 50/53 | €61,156 | €61,316 | +€160 | +0.3% |
| Cash at bank and in hand | 54/58 | €173,749 | €197,016 | +€23,266 | +13.4% |
| Deferred charges and accrued income | 490/1 | €2,494 | €2,614 | +€120 | +4.8% |
| Total equity and liabilities | 10/49 | €363,774 | €357,170 | -€6,604 | -1.8% |
| Equity | 10/15 | €338,906 | €338,486 | -€420 | -0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €318,906 | €318,486 | -€420 | -0.1% |
| Distributable reserves | 133 | €318,906 | €318,486 | -€420 | -0.1% |
| Amounts payable | 17/49 | €24,868 | €18,684 | -€6,184 | -24.9% |
| Amounts payable within one year | 42/48 | €24,868 | €18,684 | -€6,184 | -24.9% |
| Trade debts | 44 | €21,004 | €102 | -€20,902 | -99.5% |
| Suppliers | 440/4 | €21,004 | €102 | -€20,902 | -99.5% |
| Taxes, remuneration and social security | 45 | €953 | €951 | -€2 | -0.2% |
| Remuneration and social security | 454/9 | €953 | €951 | -€2 | -0.2% |
| Other amounts payable | 47/48 | €2,911 | €17,631 | +€14,720 | +506% |
| Remuneration, social security and pensions | 62 | €12,375 | €12,392 | +€17 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,730 | €23,736 | +€5 | 0.0% |
| Other operating charges | 640/8 | €564 | €657 | +€93 | +16.4% |
| Gross operating margin | 9900 | €59,006 | €103,366 | +€44,360 | +75.2% |
| Operating profit (loss) | 9901 | €22,337 | €66,582 | +€44,246 | +198% |
| Financial income | 75/76B | €899 | €1,450 | +€550 | +61.2% |
| Recurring financial income | 75 | €899 | €1,450 | +€550 | +61.2% |
| Financial charges | 65/66B | €216 | €213 | -€3 | -1.2% |
| Recurring financial charges | 65 | €216 | €213 | -€3 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €23,020 | €67,819 | +€44,799 | +195% |
| Income taxes | 67/77 | €10,322 | €18,711 | +€8,388 | +81.3% |
| Profit (loss) for the period | 9904 | €12,698 | €49,108 | +€36,410 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €12,698 | €49,108 | +€36,410 | +287% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.