VANDEWEERDT: 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.
VANDEWEERDT
Largest movements
- Tangible fixed assets -€12,568
down €12,568 (-14.3%), from €87,976 to €75,408
- Cash -€1,726
down €1,726 (-34.5%), from €5,000 to €3,274
mainly Debts after one year (-€14,855) and Net result for the year (-€1,895)
- Debts after one year -€14,855
down €14,855 (-15.5%), from €95,704 to €80,849
- Other debts +€1,990
new in 2025: €1,990
- Profit (loss) carried forward -€1,895
down €1,895 (-2.5%), from -€75,325 to -€77,219
- Gross operating margin +€1,260
up €1,260 (+8.6%), from €14,624 to €15,884
- Other operating charges -€538
down €538 (-17.5%), from €3,071 to €2,533
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 | €97,521 | €83,496 | -€14,024 | -14.4% |
| Fixed assets | 21/28 | €87,976 | €75,408 | -€12,568 | -14.3% |
| Tangible fixed assets | 22/27 | €87,976 | €75,408 | -€12,568 | -14.3% |
| Leasing and similar rights | 25 | €87,976 | €75,408 | -€12,568 | -14.3% |
| Current assets | 29/58 | €9,545 | €8,088 | -€1,456 | -15.3% |
| Amounts receivable within one year | 40/41 | - | €208 | +€208 | |
| Trade receivables | 40 | - | €208 | +€208 | |
| Cash at bank and in hand | 54/58 | €5,000 | €3,274 | -€1,726 | -34.5% |
| Deferred charges and accrued income | 490/1 | €4,545 | €4,607 | +€62 | +1.4% |
| Total equity and liabilities | 10/49 | €97,521 | €83,496 | -€14,024 | -14.4% |
| Equity | 10/15 | -€12,712 | -€14,606 | -€1,895 | -14.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,213 | €50,213 | = | 0.0% |
| Distributable reserves | 133 | €50,213 | €50,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,325 | -€77,219 | -€1,895 | -2.5% |
| Amounts payable | 17/49 | €110,232 | €98,103 | -€12,130 | -11.0% |
| Amounts payable after more than one year | 17 | €95,704 | €80,849 | -€14,855 | -15.5% |
| Financial debts | 170/4 | €95,704 | €80,849 | -€14,855 | -15.5% |
| Amounts payable within one year | 42/48 | €14,528 | €17,054 | +€2,526 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €14,528 | €14,855 | +€327 | +2.3% |
| Trade debts | 44 | - | €208 | +€208 | |
| Suppliers | 440/4 | - | €208 | +€208 | |
| Other amounts payable | 47/48 | - | €1,990 | +€1,990 | |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,568 | €12,568 | = | 0.0% |
| Other operating charges | 640/8 | €3,071 | €2,533 | -€538 | -17.5% |
| Gross operating margin | 9900 | €14,624 | €15,884 | +€1,260 | +8.6% |
| Operating profit (loss) | 9901 | -€1,015 | €783 | +€1,798 | |
| Financial charges | 65/66B | €2,801 | €2,678 | -€123 | -4.4% |
| Recurring financial charges | 65 | €2,801 | €2,678 | -€123 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,816 | -€1,895 | +€1,922 | +50.4% |
| Profit (loss) for the period | 9904 | -€3,816 | -€1,895 | +€1,922 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,816 | -€1,895 | +€1,922 | +50.4% |
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 1 November 2026 via checked.be.