Van Laere - De Wilde: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Van Laere - De Wilde
Largest movements
- Tangible fixed assets -€118,084
down €118,084 (-94.3%), from €125,276 to €7,192
of which Furniture and vehicles: -€118,084
- Cash +€35,434
up €35,434 (+56.5%), from €62,733 to €98,167
mainly Investment in fixed assets (net) (+€113,084) and Net result for the year (+€28,680)
- Receivables within one year +€15,566
up €15,566 (+10.5%), from €148,754 to €164,319
of which Other amounts receivable: +€15,629
- Debts after one year -€71,957
no longer reported in 2025 (was €71,957)
- Reserves +€28,680
up €28,680 (+37.0%), from €77,609 to €106,289
of which Distributable reserves: +€28,680
- Current portion of long-term debt -€18,871
no longer reported in 2025 (was €18,871)
- Trade debts -€3,912
down €3,912 (-78.2%), from €5,000 to €1,088
- Depreciation -€11,570
down €11,570 (-69.8%), from €16,570 to €5,000
- Gross operating margin -€10,721
down €10,721 (-14.6%), from €73,380 to €62,660
- Other operating charges +€8,092
up €8,092 (+723%), from €1,120 to €9,211
- Taxes -€3,258
down €3,258 (-17.7%), from €18,383 to €15,125
- Financial charges +€2,325
up €2,325 (+100%), from €2,323 to €4,647
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,763 | €269,678 | -€67,085 | -19.9% |
| Fixed assets | 21/28 | €125,276 | €7,192 | -€118,084 | -94.3% |
| Tangible fixed assets | 22/27 | €125,276 | €7,192 | -€118,084 | -94.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €125,276 | €7,192 | -€118,084 | -94.3% |
| Current assets | 29/58 | €211,487 | €262,486 | +€50,999 | +24.1% |
| Amounts receivable within one year | 40/41 | €148,754 | €164,319 | +€15,566 | +10.5% |
| Trade receivables | 40 | €480 | €416 | -€64 | -13.2% |
| Other amounts receivable | 41 | €148,274 | €163,903 | +€15,629 | +10.5% |
| Cash at bank and in hand | 54/58 | €62,733 | €98,167 | +€35,434 | +56.5% |
| Total equity and liabilities | 10/49 | €336,763 | €269,678 | -€67,085 | -19.9% |
| Equity | 10/15 | €204,906 | €233,586 | +€28,680 | +14.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €77,609 | €106,289 | +€28,680 | +37.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €731 | €731 | = | 0.0% |
| Distributable reserves | 133 | €75,019 | €103,699 | +€28,680 | +38.2% |
| Profit (loss) carried forward | 14 | €108,705 | €108,705 | = | 0.0% |
| Amounts payable | 17/49 | €131,857 | €36,092 | -€95,765 | -72.6% |
| Amounts payable after more than one year | 17 | €71,957 | - | -€71,957 | |
| Financial debts | 170/4 | €71,957 | - | -€71,957 | |
| Amounts payable within one year | 42/48 | €59,900 | €34,595 | -€25,305 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €18,871 | - | -€18,871 | |
| Trade debts | 44 | €5,000 | €1,088 | -€3,912 | -78.2% |
| Suppliers | 440/4 | €5,000 | €1,088 | -€3,912 | -78.2% |
| Taxes, remuneration and social security | 45 | €36,029 | €33,508 | -€2,521 | -7.0% |
| Taxes | 450/3 | €36,029 | €33,508 | -€2,521 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €1,497 | +€1,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,570 | €5,000 | -€11,570 | -69.8% |
| Other operating charges | 640/8 | €1,120 | €9,211 | +€8,092 | +723% |
| Gross operating margin | 9900 | €73,380 | €62,660 | -€10,721 | -14.6% |
| Operating profit (loss) | 9901 | €55,690 | €48,448 | -€7,242 | -13.0% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,323 | €4,647 | +€2,325 | +100% |
| Recurring financial charges | 65 | €2,323 | €4,647 | +€2,325 | +100% |
| Profit (loss) for the period before taxes | 9903 | €53,367 | €43,805 | -€9,562 | -17.9% |
| Income taxes | 67/77 | €18,383 | €15,125 | -€3,258 | -17.7% |
| Profit (loss) for the period | 9904 | €34,985 | €28,680 | -€6,305 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,985 | €28,680 | -€6,305 | -18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.