VAN WIJNENDAELE STEVEN: 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 WIJNENDAELE STEVEN
Largest movements
- Cash +€144,699
up €144,699 (+46.6%), from €310,322 to €455,021
mainly Net result for the year (+€108,315) and Stocks and contracts (+€60,548)
- Stocks and contracts -€60,548
down €60,548 (-60.3%), from €100,416 to €39,868
- Receivables within one year +€39,787
up €39,787 (+90.1%), from €44,165 to €83,952
of which Trade receivables: +€19,961
- Tangible fixed assets -€27,224
down €27,224 (-28.5%), from €95,388 to €68,164
of which Plant, machinery and equipment: -€14,993
- Reserves +€108,315
up €108,315 (+26.9%), from €402,183 to €510,498
- Debts after one year -€22,969
down €22,969 (-41.5%), from €55,353 to €32,384
- Gross operating margin +€31,949
up €31,949 (+14.8%), from €215,593 to €247,542
- Taxes +€12,792
up €12,792 (+32.2%), from €39,781 to €52,573
- Financial income +€9,001
up €9,001 (+18,002%), from €50 to €9,051
- Staff costs +€4,894
up €4,894 (+8.7%), from €56,573 to €61,467
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 | €553,093 | €650,194 | +€97,101 | +17.6% |
| Fixed assets | 21/28 | €95,673 | €68,397 | -€27,276 | -28.5% |
| Intangible fixed assets | 21 | €285 | €233 | -€52 | -18.2% |
| Tangible fixed assets | 22/27 | €95,388 | €68,164 | -€27,224 | -28.5% |
| Plant, machinery and equipment | 23 | €52,902 | €37,909 | -€14,993 | -28.3% |
| Furniture and vehicles | 24 | €42,486 | €30,255 | -€12,231 | -28.8% |
| Current assets | 29/58 | €457,420 | €581,797 | +€124,377 | +27.2% |
| Stocks and contracts in progress | 3 | €100,416 | €39,868 | -€60,548 | -60.3% |
| Stocks | 30/36 | €100,416 | €39,868 | -€60,548 | -60.3% |
| Amounts receivable within one year | 40/41 | €44,165 | €83,952 | +€39,787 | +90.1% |
| Trade receivables | 40 | €37,163 | €57,124 | +€19,961 | +53.7% |
| Other amounts receivable | 41 | €7,002 | €26,829 | +€19,827 | +283% |
| Cash at bank and in hand | 54/58 | €310,322 | €455,021 | +€144,699 | +46.6% |
| Deferred charges and accrued income | 490/1 | €2,517 | €2,956 | +€439 | +17.4% |
| Total equity and liabilities | 10/49 | €553,093 | €650,194 | +€97,101 | +17.6% |
| Equity | 10/15 | €412,183 | €520,498 | +€108,315 | +26.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €402,183 | €510,498 | +€108,315 | +26.9% |
| Distributable reserves | 133 | €402,183 | €510,498 | +€108,315 | +26.9% |
| Amounts payable | 17/49 | €140,910 | €129,697 | -€11,213 | -8.0% |
| Amounts payable after more than one year | 17 | €55,353 | €32,384 | -€22,969 | -41.5% |
| Financial debts | 170/4 | €55,353 | €32,384 | -€22,969 | -41.5% |
| Amounts payable within one year | 42/48 | €85,557 | €97,313 | +€11,756 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €23,613 | €22,969 | -€644 | -2.7% |
| Trade debts | 44 | €26,683 | €28,770 | +€2,087 | +7.8% |
| Suppliers | 440/4 | €26,683 | €28,770 | +€2,087 | +7.8% |
| Taxes, remuneration and social security | 45 | €12,940 | €18,499 | +€5,559 | +43.0% |
| Taxes | 450/3 | €11,407 | €12,880 | +€1,473 | +12.9% |
| Remuneration and social security | 454/9 | €1,533 | €5,619 | +€4,086 | +267% |
| Other amounts payable | 47/48 | €22,321 | €27,075 | +€4,754 | +21.3% |
| Remuneration, social security and pensions | 62 | €56,573 | €61,467 | +€4,894 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,589 | €29,361 | -€2,228 | -7.1% |
| Other operating charges | 640/8 | €2,079 | €1,561 | -€518 | -24.9% |
| Gross operating margin | 9900 | €215,593 | €247,542 | +€31,949 | +14.8% |
| Operating profit (loss) | 9901 | €125,352 | €155,153 | +€29,801 | +23.8% |
| Financial income | 75/76B | €50 | €9,051 | +€9,001 | +18,002% |
| Recurring financial income | 75 | €50 | €9,051 | +€9,001 | +18,002% |
| Financial charges | 65/66B | €3,409 | €3,317 | -€92 | -2.7% |
| Recurring financial charges | 65 | €3,409 | €3,317 | -€92 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €121,993 | €160,888 | +€38,895 | +31.9% |
| Income taxes | 67/77 | €39,781 | €52,573 | +€12,792 | +32.2% |
| Profit (loss) for the period | 9904 | €82,212 | €108,315 | +€26,103 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,212 | €108,315 | +€26,103 | +31.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.