Roland Wijnants: 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.
Roland Wijnants
Largest movements
- Cash -€103,746
down €103,746 (-53.6%), from €193,437 to €89,691
mainly Investment in fixed assets (net) (-€75,000) and Current investments (-€73,169)
- Financial fixed assets +€75,000
new in 2025: €75,000
- Current investments +€73,169
up €73,169 (+243%), from €30,109 to €103,278
- Receivables within one year +€3,726
up €3,726 (+64.9%), from €5,738 to €9,464
of which Trade receivables: +€5,046
- Reserves +€43,198
up €43,198 (+20.0%), from €216,351 to €259,549
of which Distributable reserves: +€43,198
- Tax, wage and social debts +€4,643
up €4,643 (+174%), from €2,665 to €7,308
- Financial income -€15,220
down €15,220 (-79.0%), from €19,269 to €4,049
- Gross operating margin +€10,714
up €10,714 (+20.3%), from €52,762 to €63,476
- Taxes +€2,701
up €2,701 (+14.6%), from €18,468 to €21,169
- Financial charges +€1,477
up €1,477 (+306%), from €483 to €1,960
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 | €232,212 | €279,322 | +€47,110 | +20.3% |
| Fixed assets | 21/28 | €2,063 | €75,989 | +€73,926 | +3,583% |
| Tangible fixed assets | 22/27 | €2,063 | €989 | -€1,074 | -52.1% |
| Furniture and vehicles | 24 | €2,063 | €989 | -€1,074 | -52.1% |
| Financial fixed assets | 28 | - | €75,000 | +€75,000 | |
| Current assets | 29/58 | €230,149 | €203,333 | -€26,816 | -11.7% |
| Amounts receivable within one year | 40/41 | €5,738 | €9,464 | +€3,726 | +64.9% |
| Trade receivables | 40 | €4,418 | €9,464 | +€5,046 | +114% |
| Other amounts receivable | 41 | €1,320 | - | -€1,320 | |
| Current investments | 50/53 | €30,109 | €103,278 | +€73,169 | +243% |
| Cash at bank and in hand | 54/58 | €193,437 | €89,691 | -€103,746 | -53.6% |
| Deferred charges and accrued income | 490/1 | €866 | €901 | +€35 | +4.0% |
| Total equity and liabilities | 10/49 | €232,212 | €279,322 | +€47,110 | +20.3% |
| Equity | 10/15 | €228,751 | €271,949 | +€43,198 | +18.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €216,351 | €259,549 | +€43,198 | +20.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €214,491 | €257,689 | +€43,198 | +20.1% |
| Amounts payable | 17/49 | €3,461 | €7,373 | +€3,912 | +113% |
| Amounts payable within one year | 42/48 | €3,461 | €7,373 | +€3,912 | +113% |
| Trade debts | 44 | €796 | €65 | -€730 | -91.8% |
| Suppliers | 440/4 | €796 | €65 | -€730 | -91.8% |
| Taxes, remuneration and social security | 45 | €2,665 | €7,308 | +€4,643 | +174% |
| Taxes | 450/3 | €2,665 | €7,308 | +€4,643 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,131 | €1,074 | -€57 | -5.0% |
| Other operating charges | 640/8 | €147 | €124 | -€23 | -15.7% |
| Gross operating margin | 9900 | €52,762 | €63,476 | +€10,714 | +20.3% |
| Operating profit (loss) | 9901 | €51,484 | €62,278 | +€10,794 | +21.0% |
| Financial income | 75/76B | €19,269 | €4,049 | -€15,220 | -79.0% |
| Recurring financial income | 75 | €19,269 | €4,049 | -€15,220 | -79.0% |
| Financial charges | 65/66B | €483 | €1,960 | +€1,477 | +306% |
| Recurring financial charges | 65 | €483 | €1,960 | +€1,477 | +306% |
| Profit (loss) for the period before taxes | 9903 | €70,270 | €64,367 | -€5,903 | -8.4% |
| Income taxes | 67/77 | €18,468 | €21,169 | +€2,701 | +14.6% |
| Profit (loss) for the period | 9904 | €51,802 | €43,198 | -€8,605 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,802 | €43,198 | -€8,605 | -16.6% |
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 21 October 2026 via checked.be.