VAN WAUWE: what changed
Two fiscal 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 WAUWE
Largest movements
- Cash +€27,854
up €27,854 (+386.4%), from €7,208 to €35,061
mainly Accrued charges and deferred income (+€12,600) and Trade debts (+€5,623)
- Tangible fixed assets -€7,300
down €7,300 (-25.0%), from €29,146 to €21,847
of which Plant, machinery and equipment: -€3,779
- Receivables within one year +€1,970
up €1,970 (+768.7%), from €256 to €2,227
of which Other amounts receivable: +€1,156
- Stocks and contracts -€1,608
down €1,608 (-15.9%), from €10,121 to €8,513
- Deferred charges and accrued income -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Accrued charges and deferred income +€12,600
new in 2025: €12,600
- Trade debts +€5,623
up €5,623 (+243.8%), from €2,306 to €7,929
- Tax, wage and social debts +€4,202
up €4,202 (+34.7%), from €12,097 to €16,299
of which Taxes: +€3,988
- Profit (loss) carried forward +€4,050
up €4,050 (+28.3%), from -€14,304 to -€10,254
- Other debts -€3,267
down €3,267 (-32.5%), from €10,044 to €6,777
- Depreciation -€3,203
down €3,203 (-40.8%), from €7,852 to €4,650
- Staff costs +€2,983
up €2,983 (+3.0%), from €100,667 to €103,651
- Gross operating margin +€1,396
up €1,396 (+1.2%), from €115,936 to €117,332
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.
Cash bridge derived
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 | €47,731 | €67,647 | +€19,916 | +41.7% |
| Fixed assets | 21/28 | €29,146 | €21,847 | -€7,300 | -25.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €29,146 | €21,847 | -€7,300 | -25.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €25,626 | €21,847 | -€3,779 | -14.7% |
| Furniture and vehicles | 24 | €3,521 | €0 | -€3,521 | -100.0% |
| Current assets | 29/58 | €18,585 | €45,801 | +€27,216 | +146.4% |
| Stocks and contracts in progress | 3 | €10,121 | €8,513 | -€1,608 | -15.9% |
| Stocks | 30/36 | €10,121 | €8,513 | -€1,608 | -15.9% |
| Amounts receivable within one year | 40/41 | €256 | €2,227 | +€1,970 | +768.7% |
| Trade receivables | 40 | €158 | €972 | +€814 | +516.4% |
| Other amounts receivable | 41 | €99 | €1,255 | +€1,156 | +1172.0% |
| Cash at bank and in hand | 54/58 | €7,208 | €35,061 | +€27,854 | +386.4% |
| Deferred charges and accrued income | 490/1 | €1,000 | €0 | -€1,000 | -100.0% |
| Total equity and liabilities | 10/49 | €47,731 | €67,647 | +€19,916 | +41.7% |
| Equity | 10/15 | €4,296 | €8,346 | +€4,050 | +94.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,304 | -€10,254 | +€4,050 | +28.3% |
| Amounts payable | 17/49 | €43,436 | €59,302 | +€15,866 | +36.5% |
| Amounts payable after more than one year | 17 | €12,570 | €10,633 | -€1,937 | -15.4% |
| Financial debts | 170/4 | €12,570 | €10,633 | -€1,937 | -15.4% |
| Amounts payable within one year | 42/48 | €30,866 | €36,068 | +€5,203 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €6,418 | €5,063 | -€1,355 | -21.1% |
| Trade debts | 44 | €2,306 | €7,929 | +€5,623 | +243.8% |
| Suppliers | 440/4 | €2,306 | €7,929 | +€5,623 | +243.8% |
| Taxes, remuneration and social security | 45 | €12,097 | €16,299 | +€4,202 | +34.7% |
| Taxes | 450/3 | €2,854 | €6,842 | +€3,988 | +139.7% |
| Remuneration and social security | 454/9 | €9,243 | €9,457 | +€214 | +2.3% |
| Other amounts payable | 47/48 | €10,044 | €6,777 | -€3,267 | -32.5% |
| Accrued charges and deferred income | 492/3 | - | €12,600 | +€12,600 | |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €8,479 | +€8,479 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €100,667 | €103,651 | +€2,983 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,852 | €4,650 | -€3,203 | -40.8% |
| Other operating charges | 640/8 | €3,871 | €2,832 | -€1,038 | -26.8% |
| Gross operating margin | 9900 | €115,936 | €117,332 | +€1,396 | +1.2% |
| Operating profit (loss) | 9901 | €3,546 | €6,199 | +€2,654 | +74.8% |
| Financial income | 75/76B | €1 | €36 | +€35 | +6566.7% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +85.2% |
| Non-recurring financial income | 76B | - | €35 | +€35 | |
| Financial charges | 65/66B | €1,194 | €1,975 | +€781 | +65.4% |
| Recurring financial charges | 65 | €1,194 | €1,975 | +€781 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | €2,352 | €4,260 | +€1,908 | +81.1% |
| Income taxes | 67/77 | €215 | €210 | -€4 | -2.1% |
| Profit (loss) for the period | 9904 | €2,138 | €4,050 | +€1,913 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,138 | €4,050 | +€1,913 | +89.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.