VANDEWOESTIJNE: what changed
What changed
VANDEWOESTIJNE
NACE 95.314, Bodywork repair (including spraying and painting)
filed annual accounts (NBB)
Net result for the year
€16,693
2024 · €31,421-€14,728
Equity
€275,624
2024 · €258,931+€16,693
Cash
€169,968
2024 · €157,104+€12,863
Balance sheet total
€369,664
2024 · €370,246-€582
Largest movements
Assets
- Tangible fixed assets -€34,819
down €34,819 (-25.1%), from €138,964 to €104,145
of which Land and buildings: -€31,416
- Receivables within one year +€22,074
up €22,074 (+39.4%), from €55,987 to €78,060
of which Other amounts receivable: +€12,499
- Cash +€12,863
up €12,863 (+8.2%), from €157,104 to €169,968
mainly Depreciation (+€39,569) and Net result for the year (+€16,693)
Equity and liabilities
- Debts after one year -€17,356
no longer reported in 2025 (was €17,356)
- Reserves +€16,693
up €16,693 (+6.9%), from €240,339 to €257,032
of which Distributable reserves: +€16,693
- Trade debts +€9,216
up €9,216 (+43.5%), from €21,193 to €30,409
- Current portion of long-term debt -€5,786
down €5,786 (-25.0%), from €23,142 to €17,356
Income statement
- Gross operating margin -€62,749
down €62,749 (-34.0%), from €184,564 to €121,816
- Provisions -€27,800
no longer reported in 2025 (was €27,800)
- Depreciation -€6,729
down €6,729 (-14.5%), from €46,298 to €39,569
- Staff costs -€6,145
down €6,145 (-9.8%), from €62,385 to €56,241
- Taxes -€4,346
down €4,346 (-45.8%), from €9,494 to €5,149
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€31,421
Gross operating margin
-€62,749
Staff costs
+€6,145
Depreciation
+€6,729
Write-downs
-€1,300
Provisions
+€27,800
Other operating charges
-€64
Financial income
+€3,571
Financial charges
+€795
Taxes
+€4,346
Result 2025
€16,693
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,755
Investment
-€4,750
Financing
-€23,142
Cash 2024
€157,104
From operations (derived)
+€40,755
Net result for the year
+€16,693
Depreciation
+€39,569
Stocks and contracts
+€2,132
Receivables within one year
-€22,074
Deferred charges and accrued income
-€1,432
Trade debts
+€9,216
Tax, wage and social debts
-€919
Other debts
-€2,430
Investment (derived)
-€4,750
Investment in fixed assets (net)
-€4,750
Financing
-€23,142
Debts after one year
-€17,356
Current portion of long-term debt
-€5,786
Cash 2025
€169,968
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,246 | €369,664 | -€582 | -0.2% |
| Fixed assets | 21/28 | €138,964 | €104,145 | -€34,819 | -25.1% |
| Tangible fixed assets | 22/27 | €138,964 | €104,145 | -€34,819 | -25.1% |
| Land and buildings | 22 | €115,553 | €84,138 | -€31,416 | -27.2% |
| Plant, machinery and equipment | 23 | €23,411 | €20,007 | -€3,404 | -14.5% |
| Current assets | 29/58 | €231,282 | €265,519 | +€34,237 | +14.8% |
| Stocks and contracts in progress | 3 | €12,054 | €9,921 | -€2,132 | -17.7% |
| Stocks | 30/36 | €12,054 | €9,921 | -€2,132 | -17.7% |
| Amounts receivable within one year | 40/41 | €55,987 | €78,060 | +€22,074 | +39.4% |
| Trade receivables | 40 | €55,878 | €65,453 | +€9,575 | +17.1% |
| Other amounts receivable | 41 | €109 | €12,608 | +€12,499 | +11,474% |
| Cash at bank and in hand | 54/58 | €157,104 | €169,968 | +€12,863 | +8.2% |
| Deferred charges and accrued income | 490/1 | €6,137 | €7,570 | +€1,432 | +23.3% |
| Total equity and liabilities | 10/49 | €370,246 | €369,664 | -€582 | -0.2% |
| Equity | 10/15 | €258,931 | €275,624 | +€16,693 | +6.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €240,339 | €257,032 | +€16,693 | +6.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,721 | €4,721 | = | 0.0% |
| Distributable reserves | 133 | €233,759 | €250,452 | +€16,693 | +7.1% |
| Provisions and deferred taxes | 16 | €27,800 | €27,800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €27,800 | €27,800 | = | 0.0% |
| Major repairs and maintenance | 162 | €27,800 | €27,800 | = | 0.0% |
| Amounts payable | 17/49 | €83,515 | €66,240 | -€17,276 | -20.7% |
| Amounts payable after more than one year | 17 | €17,356 | - | -€17,356 | |
| Financial debts | 170/4 | €17,356 | - | -€17,356 | |
| Amounts payable within one year | 42/48 | €66,159 | €66,240 | +€81 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €23,142 | €17,356 | -€5,786 | -25.0% |
| Trade debts | 44 | €21,193 | €30,409 | +€9,216 | +43.5% |
| Suppliers | 440/4 | €21,193 | €30,409 | +€9,216 | +43.5% |
| Taxes, remuneration and social security | 45 | €15,195 | €14,276 | -€919 | -6.0% |
| Taxes | 450/3 | €13,504 | €12,594 | -€910 | -6.7% |
| Remuneration and social security | 454/9 | €1,691 | €1,682 | -€9 | -0.5% |
| Other amounts payable | 47/48 | €6,628 | €4,198 | -€2,430 | -36.7% |
| Remuneration, social security and pensions | 62 | €62,385 | €56,241 | -€6,145 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,298 | €39,569 | -€6,729 | -14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,300 | +€1,300 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €27,800 | - | -€27,800 | |
| Other operating charges | 640/8 | €5,919 | €5,983 | +€64 | +1.1% |
| Gross operating margin | 9900 | €184,564 | €121,816 | -€62,749 | -34.0% |
| Operating profit (loss) | 9901 | €42,161 | €18,722 | -€23,439 | -55.6% |
| Financial income | 75/76B | €454 | €4,025 | +€3,571 | +787% |
| Recurring financial income | 75 | €454 | €4,025 | +€3,571 | +787% |
| Financial charges | 65/66B | €1,700 | €905 | -€795 | -46.8% |
| Recurring financial charges | 65 | €1,700 | €905 | -€795 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €40,915 | €21,842 | -€19,073 | -46.6% |
| Income taxes | 67/77 | €9,494 | €5,149 | -€4,346 | -45.8% |
| Profit (loss) for the period | 9904 | €31,421 | €16,693 | -€14,728 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,421 | €16,693 | -€14,728 | -46.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.