VAN WYNSBERGHE: 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 WYNSBERGHE
Largest movements
- Cash -€13,389
down €13,389 (-6.7%), from €199,734 to €186,345
mainly Net result for the year (-€15,131) and Deferred charges and accrued income (-€2,625)
- Receivables within one year -€3,270
down €3,270 (-5.8%), from €56,749 to €53,479
of which Other amounts receivable: -€3,269
- Profit (loss) carried forward -€15,131
down €15,131 (-59.7%), from -€25,363 to -€40,494
- Depreciation -€7,519
down €7,519 (-95.4%), from €7,879 to €359
- Gross operating margin -€2,027
down €2,027 (-13.7%), from -€14,783 to -€16,809
- Financial income +€1,582
up €1,582 (+52.8%), from €2,995 to €4,577
- Financial charges -€228
down €228 (-84.9%), from €268 to €40
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 | €264,233 | €249,849 | -€14,384 | -5.4% |
| Fixed assets | 21/28 | €3,269 | €2,919 | -€350 | -10.7% |
| Tangible fixed assets | 22/27 | €1,226 | €866 | -€359 | -29.3% |
| Plant, machinery and equipment | 23 | €286 | €141 | -€145 | -50.8% |
| Furniture and vehicles | 24 | €940 | €726 | -€214 | -22.8% |
| Financial fixed assets | 28 | €2,044 | €2,053 | +€9 | +0.4% |
| Current assets | 29/58 | €260,964 | €246,930 | -€14,034 | -5.4% |
| Amounts receivable within one year | 40/41 | €56,749 | €53,479 | -€3,270 | -5.8% |
| Trade receivables | 40 | €52,579 | €52,577 | -€1 | 0.0% |
| Other amounts receivable | 41 | €4,170 | €901 | -€3,269 | -78.4% |
| Cash at bank and in hand | 54/58 | €199,734 | €186,345 | -€13,389 | -6.7% |
| Deferred charges and accrued income | 490/1 | €4,481 | €7,106 | +€2,625 | +58.6% |
| Total equity and liabilities | 10/49 | €264,233 | €249,849 | -€14,384 | -5.4% |
| Equity | 10/15 | €256,001 | €240,870 | -€15,131 | -5.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €262,772 | €262,772 | = | 0.0% |
| Distributable reserves | 133 | €262,772 | €262,772 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,363 | -€40,494 | -€15,131 | -59.7% |
| Amounts payable | 17/49 | €8,232 | €8,979 | +€747 | +9.1% |
| Amounts payable within one year | 42/48 | €8,221 | €8,965 | +€744 | +9.1% |
| Trade debts | 44 | €1,948 | €1,725 | -€223 | -11.4% |
| Suppliers | 440/4 | €1,948 | €1,725 | -€223 | -11.4% |
| Taxes, remuneration and social security | 45 | €187 | €163 | -€25 | -13.1% |
| Taxes | 450/3 | €187 | €163 | -€25 | -13.1% |
| Other amounts payable | 47/48 | €6,086 | €7,078 | +€991 | +16.3% |
| Accrued charges and deferred income | 492/3 | €11 | €13 | +€2 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,879 | €359 | -€7,519 | -95.4% |
| Other operating charges | 640/8 | €1,983 | €2,035 | +€52 | +2.6% |
| Gross operating margin | 9900 | -€14,783 | -€16,809 | -€2,027 | -13.7% |
| Operating profit (loss) | 9901 | -€24,644 | -€19,203 | +€5,441 | +22.1% |
| Financial income | 75/76B | €2,995 | €4,577 | +€1,582 | +52.8% |
| Recurring financial income | 75 | €2,995 | €4,577 | +€1,582 | +52.8% |
| Financial charges | 65/66B | €268 | €40 | -€228 | -84.9% |
| Recurring financial charges | 65 | €268 | €40 | -€228 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,917 | -€14,667 | +€7,250 | +33.1% |
| Income taxes | 67/77 | €455 | €464 | +€9 | +1.9% |
| Profit (loss) for the period | 9904 | -€22,372 | -€15,131 | +€7,241 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,372 | -€15,131 | +€7,241 | +32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.