VANDEWOESTYNE: 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.
VANDEWOESTYNE
Largest movements
- Financial fixed assets -€49,627
down €49,627 (-100%), from €49,627 to €0
- Receivables after one year +€31,250
up €31,250 (+5.7%), from €544,119 to €575,369
of which Other amounts receivable: +€575,369
- Cash -€30,699
down €30,699 (-11.9%), from €258,093 to €227,394
mainly Other debts (-€43,774) and Receivables after one year (-€31,250)
- Other debts -€43,774
down €43,774 (-100%), from €43,774 to €0
- Gross operating margin -€29,568
down €29,568, from €25,945 to -€3,623
- Other operating charges -€2,367
down €2,367 (-61.5%), from €3,848 to €1,481
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 | €859,081 | €810,005 | -€49,076 | -5.7% |
| Fixed assets | 21/28 | €49,627 | €0 | -€49,627 | -100% |
| Financial fixed assets | 28 | €49,627 | €0 | -€49,627 | -100% |
| Current assets | 29/58 | €809,454 | €810,005 | +€551 | +0.1% |
| Amounts receivable after more than one year | 29 | €544,119 | €575,369 | +€31,250 | +5.7% |
| Trade receivables | 290 | €544,119 | - | -€544,119 | |
| Other amounts receivable | 291 | - | €575,369 | +€575,369 | |
| Amounts receivable within one year | 40/41 | €7,242 | €7,242 | = | 0.0% |
| Other amounts receivable | 41 | €7,242 | €7,242 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €258,093 | €227,394 | -€30,699 | -11.9% |
| Total equity and liabilities | 10/49 | €859,081 | €810,005 | -€49,076 | -5.7% |
| Equity | 10/15 | €815,307 | €810,005 | -€5,302 | -0.7% |
| Contributions | 10/11 | €855,000 | €855,000 | = | 0.0% |
| Capital | 10 | €855,000 | €855,000 | = | 0.0% |
| Issued capital | 100 | €855,000 | €855,000 | = | 0.0% |
| Reserves | 13 | €17,587 | €17,587 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,587 | €17,587 | = | 0.0% |
| Legal reserve | 130 | €17,587 | €17,587 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,280 | -€62,582 | -€5,302 | -9.3% |
| Amounts payable | 17/49 | €43,774 | €0 | -€43,774 | -100% |
| Amounts payable within one year | 42/48 | €43,774 | €0 | -€43,774 | -100% |
| Other amounts payable | 47/48 | €43,774 | €0 | -€43,774 | -100% |
| Non-recurring operating income | 76A | €23,885 | €0 | -€23,885 | -100% |
| Other operating charges | 640/8 | €3,848 | €1,481 | -€2,367 | -61.5% |
| Gross operating margin | 9900 | €25,945 | -€3,623 | -€29,568 | |
| Operating profit (loss) | 9901 | €22,097 | -€5,105 | -€27,202 | |
| Financial charges | 65/66B | €180 | €197 | +€17 | +9.4% |
| Recurring financial charges | 65 | €180 | €197 | +€17 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €21,916 | -€5,302 | -€27,219 | |
| Profit (loss) for the period | 9904 | €21,916 | -€5,302 | -€27,219 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,916 | -€5,302 | -€27,219 |
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 24 October 2026 via checked.be.