Vanleeuwen Wouter: 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.
Vanleeuwen Wouter
Largest movements
- Stocks and contracts +€45,000
new in 2025: €45,000
- Tangible fixed assets -€19,005
down €19,005 (-29.0%), from €65,602 to €46,597
of which Furniture and vehicles: -€21,468
- Cash +€6,099
up €6,099 (+34.6%), from €17,624 to €23,723
mainly Trade debts (+€46,968) and Depreciation (+€13,843)
- Trade debts +€46,968
up €46,968 (+1,938%), from €2,423 to €49,391
- Debts after one year -€9,550
down €9,550 (-34.3%), from €27,826 to €18,276
- Tax, wage and social debts -€3,043
down €3,043 (-22.5%), from €13,539 to €10,496
of which Taxes: -€7,043
- Current portion of long-term debt -€2,349
down €2,349 (-19.7%), from €11,899 to €9,550
- Gross operating margin -€16,159
down €16,159 (-45.4%), from €35,615 to €19,456
- Depreciation +€6,729
up €6,729 (+94.6%), from €7,114 to €13,843
- Taxes -€6,379
down €6,379 (-85.6%), from €7,456 to €1,077
- Financial charges +€918
up €918 (+117%), from €783 to €1,701
- Other operating charges +€631
up €631 (+167%), from €377 to €1,009
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 | €110,284 | €142,017 | +€31,733 | +28.8% |
| Fixed assets | 21/28 | €65,602 | €46,597 | -€19,005 | -29.0% |
| Tangible fixed assets | 22/27 | €65,602 | €46,597 | -€19,005 | -29.0% |
| Land and buildings | 22 | €1,934 | €1,534 | -€400 | -20.7% |
| Plant, machinery and equipment | 23 | €2,796 | €5,660 | +€2,864 | +102% |
| Furniture and vehicles | 24 | €60,871 | €39,403 | -€21,468 | -35.3% |
| Current assets | 29/58 | €44,683 | €95,420 | +€50,738 | +114% |
| Stocks and contracts in progress | 3 | - | €45,000 | +€45,000 | |
| Contracts in progress | 37 | - | €45,000 | +€45,000 | |
| Amounts receivable within one year | 40/41 | €24,891 | €24,526 | -€365 | -1.5% |
| Trade receivables | 40 | €16,226 | €13,769 | -€2,457 | -15.1% |
| Other amounts receivable | 41 | €8,665 | €10,756 | +€2,092 | +24.1% |
| Cash at bank and in hand | 54/58 | €17,624 | €23,723 | +€6,099 | +34.6% |
| Deferred charges and accrued income | 490/1 | €2,168 | €2,172 | +€4 | +0.2% |
| Total equity and liabilities | 10/49 | €110,284 | €142,017 | +€31,733 | +28.8% |
| Equity | 10/15 | €20,885 | €21,508 | +€624 | +3.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,885 | €20,508 | +€624 | +3.1% |
| Distributable reserves | 133 | €19,885 | €20,508 | +€624 | +3.1% |
| Amounts payable | 17/49 | €89,400 | €120,509 | +€31,110 | +34.8% |
| Amounts payable after more than one year | 17 | €27,826 | €18,276 | -€9,550 | -34.3% |
| Financial debts | 170/4 | €27,826 | €18,276 | -€9,550 | -34.3% |
| Amounts payable within one year | 42/48 | €61,574 | €102,233 | +€40,659 | +66.0% |
| Current portion of amounts payable after more than one year | 42 | €11,899 | €9,550 | -€2,349 | -19.7% |
| Trade debts | 44 | €2,423 | €49,391 | +€46,968 | +1,938% |
| Suppliers | 440/4 | €2,423 | €49,391 | +€46,968 | +1,938% |
| Taxes, remuneration and social security | 45 | €13,539 | €10,496 | -€3,043 | -22.5% |
| Taxes | 450/3 | €7,539 | €496 | -€7,043 | -93.4% |
| Remuneration and social security | 454/9 | €6,000 | €10,000 | +€4,000 | +66.7% |
| Other amounts payable | 47/48 | €33,713 | €32,797 | -€916 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,114 | €13,843 | +€6,729 | +94.6% |
| Other operating charges | 640/8 | €377 | €1,009 | +€631 | +167% |
| Non-recurring operating charges | 66A | - | €1,232 | +€1,232 | |
| Gross operating margin | 9900 | €35,615 | €19,456 | -€16,159 | -45.4% |
| Operating profit (loss) | 9901 | €28,123 | €3,372 | -€24,751 | -88.0% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €783 | €1,701 | +€918 | +117% |
| Recurring financial charges | 65 | €783 | €1,701 | +€918 | +117% |
| Profit (loss) for the period before taxes | 9903 | €27,340 | €1,700 | -€25,640 | -93.8% |
| Income taxes | 67/77 | €7,456 | €1,077 | -€6,379 | -85.6% |
| Profit (loss) for the period | 9904 | €19,885 | €624 | -€19,261 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,885 | €624 | -€19,261 | -96.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.