Vanrostenberghe 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.
Vanrostenberghe Wouter
Largest movements
- Tangible fixed assets +€45,262
up €45,262 (+23.7%), from €190,908 to €236,170
of which Leasing and similar rights: +€63,944
- Receivables within one year -€26,731
down €26,731 (-66.9%), from €39,981 to €13,250
of which Other amounts receivable: -€32,561
- Other debts +€171,431
up €171,431 (+5,356%), from €3,201 to €174,632
- Reserves -€145,458
down €145,458 (-61.1%), from €238,238 to €92,780
- Debts after one year -€7,102
down €7,102 (-11.3%), from €62,700 to €55,598
- Current portion of long-term debt +€6,379
up €6,379 (+14.1%), from €45,307 to €51,687
- Gross operating margin +€28,668
up €28,668 (+22.7%), from €126,382 to €155,050
- Depreciation +€10,502
up €10,502 (+57.6%), from €18,237 to €28,738
- Taxes +€3,999
up €3,999 (+16.0%), from €25,071 to €29,070
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 | €386,772 | €409,111 | +€22,339 | +5.8% |
| Fixed assets | 21/28 | €284,508 | €329,770 | +€45,262 | +15.9% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €190,908 | €236,170 | +€45,262 | +23.7% |
| Land and buildings | 22 | €142,326 | €136,622 | -€5,704 | -4.0% |
| Furniture and vehicles | 24 | €48,581 | €35,604 | -€12,978 | -26.7% |
| Leasing and similar rights | 25 | - | €63,944 | +€63,944 | |
| Financial fixed assets | 28 | €93,600 | €93,600 | = | 0.0% |
| Current assets | 29/58 | €102,264 | €79,342 | -€22,922 | -22.4% |
| Amounts receivable within one year | 40/41 | €39,981 | €13,250 | -€26,731 | -66.9% |
| Trade receivables | 40 | €7,420 | €13,250 | +€5,830 | +78.6% |
| Other amounts receivable | 41 | €32,561 | - | -€32,561 | |
| Cash at bank and in hand | 54/58 | €62,283 | €66,092 | +€3,809 | +6.1% |
| Total equity and liabilities | 10/49 | €386,772 | €409,111 | +€22,339 | +5.8% |
| Equity | 10/15 | €243,238 | €97,780 | -€145,458 | -59.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €238,238 | €92,780 | -€145,458 | -61.1% |
| Distributable reserves | 133 | €238,238 | €92,780 | -€145,458 | -61.1% |
| Amounts payable | 17/49 | €143,533 | €311,331 | +€167,798 | +117% |
| Amounts payable after more than one year | 17 | €62,700 | €55,598 | -€7,102 | -11.3% |
| Financial debts | 170/4 | €62,700 | €55,598 | -€7,102 | -11.3% |
| Amounts payable within one year | 42/48 | €80,833 | €255,733 | +€174,899 | +216% |
| Current portion of amounts payable after more than one year | 42 | €45,307 | €51,687 | +€6,379 | +14.1% |
| Trade debts | 44 | €2,163 | €3,107 | +€944 | +43.7% |
| Suppliers | 440/4 | €2,163 | €3,107 | +€944 | +43.7% |
| Taxes, remuneration and social security | 45 | €30,162 | €26,307 | -€3,856 | -12.8% |
| Taxes | 450/3 | €30,162 | €26,307 | -€3,856 | -12.8% |
| Other amounts payable | 47/48 | €3,201 | €174,632 | +€171,431 | +5,356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,237 | €28,738 | +€10,502 | +57.6% |
| Other operating charges | 640/8 | €1,660 | €1,352 | -€308 | -18.6% |
| Gross operating margin | 9900 | €126,382 | €155,050 | +€28,668 | +22.7% |
| Operating profit (loss) | 9901 | €106,485 | €124,959 | +€18,474 | +17.3% |
| Financial income | 75/76B | €1,007 | €3 | -€1,004 | -99.7% |
| Recurring financial income | 75 | €1,007 | €3 | -€1,004 | -99.7% |
| Financial charges | 65/66B | €3,870 | €3,112 | -€758 | -19.6% |
| Recurring financial charges | 65 | €3,870 | €3,112 | -€758 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €103,622 | €121,850 | +€18,228 | +17.6% |
| Income taxes | 67/77 | €25,071 | €29,070 | +€3,999 | +16.0% |
| Profit (loss) for the period | 9904 | €78,552 | €92,780 | +€14,228 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €78,552 | €92,780 | +€14,228 | +18.1% |
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 15 October 2026 via checked.be.