PITSTOP WENDUINE: what changed
Two fiscal 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.
PITSTOP WENDUINE
Largest movements
- Tangible fixed assets +€24,160
up €24,160 (+72.9%), from €33,163 to €57,323
of which Other tangible fixed assets: +€15,915
- Receivables within one year +€8,139
up €8,139 (+181.4%), from €4,487 to €12,625
of which Trade receivables: +€7,157
- Cash -€7,414
down €7,414 (-9.5%), from €77,858 to €70,444
mainly Investment in fixed assets (net) (-€48,632) and Contributions, distributions and other (-€15,000)
- Current portion of long-term debt +€16,785
new in 2025: €16,785
- Reserves +€11,221
up €11,221 (+15.6%), from €72,079 to €83,300
- Other debts -€8,971
down €8,971 (-37.4%), from €24,010 to €15,039
- Debts after one year +€4,363
new in 2025: €4,363
- Accrued charges and deferred income +€1,606
new in 2025: €1,606
- Depreciation +€11,938
up €11,938 (+95.2%), from €12,534 to €24,472
- Staff costs -€11,317
down €11,317 (-40.9%), from €27,658 to €16,341
- Gross operating margin -€10,952
down €10,952 (-12.8%), from €85,640 to €74,688
- Financial charges +€1,394
up €1,394 (+2840.9%), from €49 to €1,443
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.
Cash bridge derived
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 | €115,507 | €140,392 | +€24,884 | +21.5% |
| Fixed assets | 21/28 | €33,163 | €57,323 | +€24,160 | +72.9% |
| Tangible fixed assets | 22/27 | €33,163 | €57,323 | +€24,160 | +72.9% |
| Plant, machinery and equipment | 23 | €30,791 | €39,037 | +€8,246 | +26.8% |
| Other tangible fixed assets | 26 | €2,372 | €18,286 | +€15,915 | +671.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €82,345 | €83,069 | +€724 | +0.9% |
| Amounts receivable within one year | 40/41 | €4,487 | €12,625 | +€8,139 | +181.4% |
| Trade receivables | 40 | €538 | €7,695 | +€7,157 | +1330.2% |
| Other amounts receivable | 41 | €3,949 | €4,931 | +€982 | +24.9% |
| Cash at bank and in hand | 54/58 | €77,858 | €70,444 | -€7,414 | -9.5% |
| Total equity and liabilities | 10/49 | €115,507 | €140,392 | +€24,884 | +21.5% |
| Equity | 10/15 | €90,679 | €101,900 | +€11,221 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,079 | €83,300 | +€11,221 | +15.6% |
| Distributable reserves | 133 | €72,079 | €83,300 | +€11,221 | +15.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,829 | €38,492 | +€13,663 | +55.0% |
| Amounts payable after more than one year | 17 | - | €4,363 | +€4,363 | |
| Financial debts | 170/4 | - | €4,363 | +€4,363 | |
| Amounts payable within one year | 42/48 | €24,829 | €32,523 | +€7,694 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | - | €16,785 | +€16,785 | |
| Trade debts | 44 | €819 | €581 | -€238 | -29.1% |
| Suppliers | 440/4 | €819 | €581 | -€238 | -29.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €118 | +€118 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | - | €118 | +€118 | |
| Other amounts payable | 47/48 | €24,010 | €15,039 | -€8,971 | -37.4% |
| Accrued charges and deferred income | 492/3 | - | €1,606 | +€1,606 | |
| Remuneration, social security and pensions | 62 | €27,658 | €16,341 | -€11,317 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,534 | €24,472 | +€11,938 | +95.2% |
| Other operating charges | 640/8 | €2,967 | €3,078 | +€110 | +3.7% |
| Gross operating margin | 9900 | €85,640 | €74,688 | -€10,952 | -12.8% |
| Operating profit (loss) | 9901 | €42,480 | €30,797 | -€11,683 | -27.5% |
| Financial income | 75/76B | €233 | €629 | +€396 | +169.9% |
| Recurring financial income | 75 | €233 | €629 | +€396 | +169.9% |
| Financial charges | 65/66B | €49 | €1,443 | +€1,394 | +2840.9% |
| Recurring financial charges | 65 | €49 | €1,443 | +€1,394 | +2840.9% |
| Profit (loss) for the period before taxes | 9903 | €42,664 | €29,983 | -€12,682 | -29.7% |
| Income taxes | 67/77 | €4,535 | €3,761 | -€773 | -17.1% |
| Profit (loss) for the period | 9904 | €38,129 | €26,221 | -€11,908 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,129 | €26,221 | -€11,908 | -31.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.