VAN DER WANGEN - DE WINTER: 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.
VAN DER WANGEN - DE WINTER
Largest movements
- Tangible fixed assets -€13,724
down €13,724 (-50.9%), from €26,965 to €13,241
of which Furniture and vehicles: -€12,940
- Stocks and contracts -€10,629
down €10,629 (-6.8%), from €157,007 to €146,378
- Cash +€9,164
up €9,164 (+76.1%), from €12,037 to €21,201
mainly Depreciation (+€13,724) and Stocks and contracts (+€10,629)
- Receivables within one year +€3,659
up €3,659 (+12.7%), from €28,761 to €32,420
of which Other amounts receivable: +€3,409
- Debts after one year -€10,281
down €10,281 (-92.3%), from €11,145 to €864
- Reserves -€3,146
down €3,146 (-2.5%), from €126,378 to €123,232
- Gross operating margin -€6,462
down €6,462 (-33.5%), from €19,296 to €12,834
- Taxes -€1,403
down €1,403 (-89.8%), from €1,562 to €159
- Write-downs +€1,060
new in 2025: €1,060
- Other operating charges +€445
up €445 (+29.2%), from €1,522 to €1,966
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 | €228,285 | €214,885 | -€13,400 | -5.9% |
| Fixed assets | 21/28 | €26,965 | €13,241 | -€13,724 | -50.9% |
| Tangible fixed assets | 22/27 | €26,965 | €13,241 | -€13,724 | -50.9% |
| Plant, machinery and equipment | 23 | €1,084 | €300 | -€783 | -72.3% |
| Furniture and vehicles | 24 | €25,881 | €12,940 | -€12,940 | -50.0% |
| Current assets | 29/58 | €201,320 | €201,644 | +€324 | +0.2% |
| Stocks and contracts in progress | 3 | €157,007 | €146,378 | -€10,629 | -6.8% |
| Stocks | 30/36 | €157,007 | €146,378 | -€10,629 | -6.8% |
| Amounts receivable within one year | 40/41 | €28,761 | €32,420 | +€3,659 | +12.7% |
| Trade receivables | 40 | €1,694 | €1,944 | +€250 | +14.8% |
| Other amounts receivable | 41 | €27,067 | €30,476 | +€3,409 | +12.6% |
| Cash at bank and in hand | 54/58 | €12,037 | €21,201 | +€9,164 | +76.1% |
| Deferred charges and accrued income | 490/1 | €3,515 | €1,646 | -€1,870 | -53.2% |
| Total equity and liabilities | 10/49 | €228,285 | €214,885 | -€13,400 | -5.9% |
| Equity | 10/15 | €204,188 | €201,042 | -€3,146 | -1.5% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Revaluation surpluses | 12 | €9,210 | €9,210 | = | 0.0% |
| Reserves | 13 | €126,378 | €123,232 | -€3,146 | -2.5% |
| Distributable reserves | 133 | €126,378 | €123,232 | -€3,146 | -2.5% |
| Amounts payable | 17/49 | €24,097 | €13,843 | -€10,254 | -42.6% |
| Amounts payable after more than one year | 17 | €11,145 | €864 | -€10,281 | -92.3% |
| Financial debts | 170/4 | €11,145 | €864 | -€10,281 | -92.3% |
| Amounts payable within one year | 42/48 | €12,952 | €12,979 | +€28 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €10,133 | €10,281 | +€149 | +1.5% |
| Trade debts | 44 | €1,181 | €1,757 | +€576 | +48.8% |
| Suppliers | 440/4 | €1,181 | €1,757 | +€576 | +48.8% |
| Taxes, remuneration and social security | 45 | €1,638 | €940 | -€697 | -42.6% |
| Taxes | 450/3 | €1,638 | €940 | -€697 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,724 | €13,724 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,060 | +€1,060 | |
| Other operating charges | 640/8 | €1,522 | €1,966 | +€445 | +29.2% |
| Gross operating margin | 9900 | €19,296 | €12,834 | -€6,462 | -33.5% |
| Operating profit (loss) | 9901 | €4,050 | -€3,917 | -€7,967 | |
| Financial income | 75/76B | €1,565 | €1,398 | -€167 | -10.6% |
| Recurring financial income | 75 | €1,565 | €1,398 | -€167 | -10.6% |
| Financial charges | 65/66B | €565 | €468 | -€97 | -17.1% |
| Recurring financial charges | 65 | €565 | €468 | -€97 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €5,050 | -€2,987 | -€8,036 | |
| Income taxes | 67/77 | €1,562 | €159 | -€1,403 | -89.8% |
| Profit (loss) for the period | 9904 | €3,488 | -€3,146 | -€6,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,488 | -€3,146 | -€6,634 |
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 26 October 2026 via checked.be.