Tom Van Wanzeele: 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.
Tom Van Wanzeele
Largest movements
- Receivables after one year +€32,000
up €32,000 (+107%), from €30,000 to €62,000
- Receivables within one year -€10,655
down €10,655 (-100%), from €10,655 to €0
of which Other amounts receivable: -€10,577
- Reserves +€13,835
up €13,835 (+37.0%), from €37,368 to €51,203
- Trade debts +€3,805
up €3,805 (+386%), from €986 to €4,791
- Tax, wage and social debts +€3,293
up €3,293 (+50.6%), from €6,512 to €9,805
- Gross operating margin +€6,492
up €6,492 (+54.2%), from €11,967 to €18,458
- Taxes +€2,341
up €2,341 (+77.0%), from €3,040 to €5,381
- Financial income +€1,510
up €1,510 (+158%), from €953 to €2,463
- Other operating charges +€1,071
up €1,071 (+280%), from €383 to €1,453
- Depreciation -€495
down €495 (-95.6%), from €518 to €23
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 | €47,867 | €69,493 | +€21,626 | +45.2% |
| Fixed assets | 21/28 | €23 | €0 | -€23 | -100% |
| Tangible fixed assets | 22/27 | €23 | €0 | -€23 | -100% |
| Plant, machinery and equipment | 23 | €23 | €0 | -€23 | -100% |
| Current assets | 29/58 | €47,844 | €69,493 | +€21,649 | +45.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €62,000 | +€32,000 | +107% |
| Other amounts receivable | 291 | €30,000 | €62,000 | +€32,000 | +107% |
| Stocks and contracts in progress | 3 | €3,072 | €2,976 | -€96 | -3.1% |
| Stocks | 30/36 | €3,072 | €2,976 | -€96 | -3.1% |
| Amounts receivable within one year | 40/41 | €10,655 | €0 | -€10,655 | -100% |
| Trade receivables | 40 | €78 | €0 | -€78 | -100% |
| Other amounts receivable | 41 | €10,577 | €0 | -€10,577 | -100% |
| Cash at bank and in hand | 54/58 | €4,117 | €4,517 | +€400 | +9.7% |
| Total equity and liabilities | 10/49 | €47,867 | €69,493 | +€21,626 | +45.2% |
| Equity | 10/15 | €40,368 | €54,203 | +€13,835 | +34.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,368 | €51,203 | +€13,835 | +37.0% |
| Distributable reserves | 133 | €37,368 | €51,203 | +€13,835 | +37.0% |
| Amounts payable | 17/49 | €7,499 | €15,289 | +€7,791 | +104% |
| Amounts payable within one year | 42/48 | €7,499 | €15,289 | +€7,791 | +104% |
| Trade debts | 44 | €986 | €4,791 | +€3,805 | +386% |
| Suppliers | 440/4 | €986 | €4,791 | +€3,805 | +386% |
| Advances received on contracts in progress | 46 | - | €477 | +€477 | |
| Taxes, remuneration and social security | 45 | €6,512 | €9,805 | +€3,293 | +50.6% |
| Taxes | 450/3 | €6,512 | €9,805 | +€3,293 | +50.6% |
| Other amounts payable | 47/48 | - | €216 | +€216 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €518 | €23 | -€495 | -95.6% |
| Other operating charges | 640/8 | €383 | €1,453 | +€1,071 | +280% |
| Gross operating margin | 9900 | €11,967 | €18,458 | +€6,492 | +54.2% |
| Operating profit (loss) | 9901 | €11,066 | €16,982 | +€5,916 | +53.5% |
| Financial income | 75/76B | €953 | €2,463 | +€1,510 | +158% |
| Recurring financial income | 75 | €953 | €2,463 | +€1,510 | +158% |
| Financial charges | 65/66B | €667 | €229 | -€437 | -65.6% |
| Recurring financial charges | 65 | €667 | €229 | -€437 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | €11,352 | €19,216 | +€7,863 | +69.3% |
| Income taxes | 67/77 | €3,040 | €5,381 | +€2,341 | +77.0% |
| Profit (loss) for the period | 9904 | €8,312 | €13,835 | +€5,523 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,312 | €13,835 | +€5,523 | +66.4% |
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 19 October 2026 via checked.be.