VAN WASSENHOVE: what changed
VAN WASSENHOVE
Largest movements
- Cash +€141,905
up €141,905 (+77.2%), from €183,836 to €325,742
mainly Receivables within one year (+€86,124) and Net result for the year (+€82,353)
- Receivables within one year -€86,124
down €86,124 (-63.5%), from €135,651 to €49,528
of which Trade receivables: -€92,730
- Tangible fixed assets -€16,350
down €16,350 (-25.4%), from €64,438 to €48,088
of which Furniture and vehicles: -€18,183
- Stocks and contracts -€12,857
down €12,857 (-68.4%), from €18,786 to €5,928
- Reserves +€51,350
up €51,350 (+21.9%), from €234,245 to €285,595
- Trade debts -€22,333
down €22,333 (-63.1%), from €35,397 to €13,064
- Debts after one year -€17,133
down €17,133 (-44.2%), from €38,725 to €21,592
- Tax, wage and social debts +€8,397
up €8,397 (+437%), from €1,921 to €10,319
of which Taxes: +€7,821
- Other debts +€6,748
up €6,748 (+16.0%), from €42,112 to €48,860
- Staff costs +€8,339
up €8,339 (+15.1%), from €55,052 to €63,391
- Other operating charges +€3,553
up €3,553 (+595%), from €597 to €4,150
- Taxes -€2,979
down €2,979 (-7.5%), from €39,755 to €36,775
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 | €405,495 | €432,835 | +€27,339 | +6.7% |
| Fixed assets | 21/28 | €64,606 | €48,256 | -€16,350 | -25.3% |
| Tangible fixed assets | 22/27 | €64,438 | €48,088 | -€16,350 | -25.4% |
| Plant, machinery and equipment | 23 | €3,671 | €5,505 | +€1,834 | +49.9% |
| Furniture and vehicles | 24 | €60,767 | €42,584 | -€18,183 | -29.9% |
| Financial fixed assets | 28 | €167 | €167 | = | 0.0% |
| Current assets | 29/58 | €340,890 | €384,579 | +€43,689 | +12.8% |
| Stocks and contracts in progress | 3 | €18,786 | €5,928 | -€12,857 | -68.4% |
| Stocks | 30/36 | €18,786 | €5,928 | -€12,857 | -68.4% |
| Amounts receivable within one year | 40/41 | €135,651 | €49,528 | -€86,124 | -63.5% |
| Trade receivables | 40 | €133,065 | €40,334 | -€92,730 | -69.7% |
| Other amounts receivable | 41 | €2,587 | €9,193 | +€6,607 | +255% |
| Cash at bank and in hand | 54/58 | €183,836 | €325,742 | +€141,905 | +77.2% |
| Deferred charges and accrued income | 490/1 | €2,616 | €3,381 | +€765 | +29.2% |
| Total equity and liabilities | 10/49 | €405,495 | €432,835 | +€27,339 | +6.7% |
| Equity | 10/15 | €269,124 | €320,477 | +€51,353 | +19.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €234,245 | €285,595 | +€51,350 | +21.9% |
| Distributable reserves | 133 | €234,245 | €285,595 | +€51,350 | +21.9% |
| Profit (loss) carried forward | 14 | €9,879 | €9,882 | +€3 | 0.0% |
| Amounts payable | 17/49 | €136,371 | €112,357 | -€24,014 | -17.6% |
| Amounts payable after more than one year | 17 | €38,725 | €21,592 | -€17,133 | -44.2% |
| Financial debts | 170/4 | €38,725 | €21,592 | -€17,133 | -44.2% |
| Amounts payable within one year | 42/48 | €96,085 | €89,375 | -€6,710 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €16,655 | €17,133 | +€478 | +2.9% |
| Trade debts | 44 | €35,397 | €13,064 | -€22,333 | -63.1% |
| Suppliers | 440/4 | €35,397 | €13,064 | -€22,333 | -63.1% |
| Taxes, remuneration and social security | 45 | €1,921 | €10,319 | +€8,397 | +437% |
| Taxes | 450/3 | €1,326 | €9,147 | +€7,821 | +590% |
| Remuneration and social security | 454/9 | €595 | €1,172 | +€577 | +97.0% |
| Other amounts payable | 47/48 | €42,112 | €48,860 | +€6,748 | +16.0% |
| Accrued charges and deferred income | 492/3 | €1,561 | €1,390 | -€171 | -11.0% |
| Remuneration, social security and pensions | 62 | €55,052 | €63,391 | +€8,339 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,491 | €21,443 | +€1,952 | +10.0% |
| Other operating charges | 640/8 | €597 | €4,150 | +€3,553 | +595% |
| Gross operating margin | 9900 | €213,320 | €211,452 | -€1,868 | -0.9% |
| Operating profit (loss) | 9901 | €138,180 | €122,469 | -€15,711 | -11.4% |
| Financial income | 75/76B | €363 | €514 | +€150 | +41.4% |
| Recurring financial income | 75 | €363 | €514 | +€150 | +41.4% |
| Financial charges | 65/66B | €3,341 | €3,854 | +€513 | +15.4% |
| Recurring financial charges | 65 | €3,341 | €3,854 | +€513 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €135,202 | €119,129 | -€16,074 | -11.9% |
| Income taxes | 67/77 | €39,755 | €36,775 | -€2,979 | -7.5% |
| Profit (loss) for the period | 9904 | €95,448 | €82,353 | -€13,095 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,448 | €82,353 | -€13,095 | -13.7% |
Next steps
Calculation and sources
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 5 November 2026 via checked.be.