Fietsen Wanneyn: 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.
Fietsen Wanneyn
Largest movements
- Stocks and contracts -€44,951
down €44,951 (-8.3%), from €544,740 to €499,789
- Tangible fixed assets -€29,709
down €29,709 (-7.3%), from €409,074 to €379,365
of which Plant, machinery and equipment: -€17,139
- Receivables within one year -€19,094
down €19,094 (-39.7%), from €48,054 to €28,960
of which Other amounts receivable: -€19,414
- Debts after one year -€77,925
down €77,925 (-46.3%), from €168,265 to €90,340
- Short-term financial debts +€25,000
up €25,000 (+11.4%), from €220,000 to €245,000
- Profit (loss) carried forward -€15,296
down €15,296 (-45.3%), from -€33,795 to -€49,091
- Trade debts -€14,704
down €14,704 (-15.1%), from €97,092 to €82,388
- Gross operating margin +€98,953
up €98,953 (+142%), from €69,500 to €168,453
- Staff costs +€7,909
up €7,909 (+6.6%), from €120,660 to €128,569
- Financial income +€2,506
up €2,506 (+40.6%), from €6,178 to €8,684
- Financial charges -€2,328
down €2,328 (-10.0%), from €23,356 to €21,029
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 | €1,030,620 | €938,400 | -€92,221 | -8.9% |
| Fixed assets | 21/28 | €409,396 | €379,565 | -€29,832 | -7.3% |
| Intangible fixed assets | 21 | €123 | €0 | -€123 | -100% |
| Tangible fixed assets | 22/27 | €409,074 | €379,365 | -€29,709 | -7.3% |
| Land and buildings | 22 | €292,400 | €281,200 | -€11,200 | -3.8% |
| Plant, machinery and equipment | 23 | €109,342 | €92,203 | -€17,139 | -15.7% |
| Furniture and vehicles | 24 | €7,332 | €5,962 | -€1,370 | -18.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €621,224 | €558,835 | -€62,389 | -10.0% |
| Stocks and contracts in progress | 3 | €544,740 | €499,789 | -€44,951 | -8.3% |
| Stocks | 30/36 | €544,740 | €499,789 | -€44,951 | -8.3% |
| Amounts receivable within one year | 40/41 | €48,054 | €28,960 | -€19,094 | -39.7% |
| Trade receivables | 40 | €10,822 | €11,142 | +€320 | +3.0% |
| Other amounts receivable | 41 | €37,232 | €17,818 | -€19,414 | -52.1% |
| Cash at bank and in hand | 54/58 | €26,856 | €20,048 | -€6,808 | -25.4% |
| Deferred charges and accrued income | 490/1 | €1,575 | €10,038 | +€8,464 | +537% |
| Total equity and liabilities | 10/49 | €1,030,620 | €938,400 | -€92,221 | -8.9% |
| Equity | 10/15 | €392,171 | €376,875 | -€15,296 | -3.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €405,966 | €405,966 | = | 0.0% |
| Tax-exempt reserves | 132 | €746 | €746 | = | 0.0% |
| Distributable reserves | 133 | €405,219 | €405,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,795 | -€49,091 | -€15,296 | -45.3% |
| Amounts payable | 17/49 | €638,450 | €561,525 | -€76,925 | -12.0% |
| Amounts payable after more than one year | 17 | €168,265 | €90,340 | -€77,925 | -46.3% |
| Financial debts | 170/4 | €168,265 | €90,340 | -€77,925 | -46.3% |
| Amounts payable within one year | 42/48 | €467,231 | €469,907 | +€2,676 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €80,282 | €77,925 | -€2,357 | -2.9% |
| Financial debts | 43 | €220,000 | €245,000 | +€25,000 | +11.4% |
| Credit institutions | 430/8 | €220,000 | €245,000 | +€25,000 | +11.4% |
| Trade debts | 44 | €97,092 | €82,388 | -€14,704 | -15.1% |
| Suppliers | 440/4 | €97,092 | €82,388 | -€14,704 | -15.1% |
| Advances received on contracts in progress | 46 | €510 | €2,000 | +€1,490 | +292% |
| Taxes, remuneration and social security | 45 | €33,561 | €26,808 | -€6,753 | -20.1% |
| Taxes | 450/3 | €12,582 | €10,122 | -€2,460 | -19.6% |
| Remuneration and social security | 454/9 | €20,979 | €16,686 | -€4,293 | -20.5% |
| Other amounts payable | 47/48 | €35,786 | €35,786 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,953 | €1,277 | -€1,675 | -56.7% |
| Remuneration, social security and pensions | 62 | €120,660 | €128,569 | +€7,909 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,957 | €34,471 | -€1,486 | -4.1% |
| Other operating charges | 640/8 | €7,742 | €7,844 | +€102 | +1.3% |
| Gross operating margin | 9900 | €69,500 | €168,453 | +€98,953 | +142% |
| Operating profit (loss) | 9901 | -€94,859 | -€2,430 | +€92,429 | +97.4% |
| Financial income | 75/76B | €6,178 | €8,684 | +€2,506 | +40.6% |
| Recurring financial income | 75 | €6,178 | €8,684 | +€2,506 | +40.6% |
| Financial charges | 65/66B | €23,356 | €21,029 | -€2,328 | -10.0% |
| Recurring financial charges | 65 | €23,356 | €21,029 | -€2,328 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€112,037 | -€14,774 | +€97,263 | +86.8% |
| Income taxes | 67/77 | €542 | €521 | -€21 | -3.8% |
| Profit (loss) for the period | 9904 | -€112,580 | -€15,296 | +€97,284 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€112,580 | -€15,296 | +€97,284 | +86.4% |
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 29 October 2026 via checked.be.