VAN WIELE: 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 WIELE
Largest movements
- Tangible fixed assets -€70,121
down €70,121 (-6.9%), from €1.0m to €951,083
of which Land and buildings: -€67,548
- Debts after one year -€55,195
down €55,195 (-8.4%), from €657,905 to €602,710
of which Financial debts: -€52,623
- Depreciation +€12,806
up €12,806 (+22.3%), from €57,315 to €70,121
- Financial charges -€4,291
down €4,291 (-15.3%), from €28,087 to €23,795
- Other operating charges -€4,289
down €4,289 (-25.3%), from €16,978 to €12,689
- Gross operating margin -€3,886
down €3,886 (-3.7%), from €104,631 to €100,745
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 | €1,039,592 | €967,652 | -€71,940 | -6.9% |
| Fixed assets | 21/28 | €1,021,255 | €951,133 | -€70,121 | -6.9% |
| Tangible fixed assets | 22/27 | €1,021,205 | €951,083 | -€70,121 | -6.9% |
| Land and buildings | 22 | €1,014,484 | €946,935 | -€67,548 | -6.7% |
| Plant, machinery and equipment | 23 | €6,254 | €3,879 | -€2,374 | -38.0% |
| Furniture and vehicles | 24 | €467 | €269 | -€199 | -42.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €18,337 | €16,519 | -€1,818 | -9.9% |
| Amounts receivable within one year | 40/41 | €1,086 | €0 | -€1,086 | -100% |
| Trade receivables | 40 | €1,086 | €0 | -€1,086 | -100% |
| Cash at bank and in hand | 54/58 | €17,251 | €11,094 | -€6,157 | -35.7% |
| Deferred charges and accrued income | 490/1 | €0 | €5,425 | +€5,425 | |
| Total equity and liabilities | 10/49 | €1,039,592 | €967,652 | -€71,940 | -6.9% |
| Equity | 10/15 | €146,814 | €140,954 | -€5,861 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €128,214 | €122,354 | -€5,861 | -4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €126,354 | €120,494 | -€5,861 | -4.6% |
| Amounts payable | 17/49 | €892,778 | €826,699 | -€66,079 | -7.4% |
| Amounts payable after more than one year | 17 | €657,905 | €602,710 | -€55,195 | -8.4% |
| Financial debts | 170/4 | €653,183 | €600,560 | -€52,623 | -8.1% |
| Other amounts payable | 178/9 | €4,722 | €2,150 | -€2,572 | -54.5% |
| Amounts payable within one year | 42/48 | €225,074 | €216,659 | -€8,415 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €57,113 | €52,623 | -€4,490 | -7.9% |
| Financial debts | 43 | - | €74 | +€74 | |
| Credit institutions | 430/8 | - | €74 | +€74 | |
| Trade debts | 44 | €3,853 | €9,020 | +€5,168 | +134% |
| Suppliers | 440/4 | €3,853 | €9,020 | +€5,168 | +134% |
| Taxes, remuneration and social security | 45 | €759 | €0 | -€759 | -100% |
| Taxes | 450/3 | €759 | €0 | -€759 | -100% |
| Other amounts payable | 47/48 | €163,349 | €154,941 | -€8,408 | -5.1% |
| Accrued charges and deferred income | 492/3 | €9,799 | €7,330 | -€2,469 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,315 | €70,121 | +€12,806 | +22.3% |
| Other operating charges | 640/8 | €16,978 | €12,689 | -€4,289 | -25.3% |
| Gross operating margin | 9900 | €104,631 | €100,745 | -€3,886 | -3.7% |
| Operating profit (loss) | 9901 | €30,338 | €17,934 | -€12,404 | -40.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €28,087 | €23,795 | -€4,291 | -15.3% |
| Recurring financial charges | 65 | €28,087 | €23,795 | -€4,291 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €2,251 | -€5,861 | -€8,112 | |
| Income taxes | 67/77 | €759 | €0 | -€759 | -100% |
| Profit (loss) for the period | 9904 | €1,492 | -€5,861 | -€7,352 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,492 | -€5,861 | -€7,352 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.