VANWIX: what changed
Two fiscal 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.
VANWIX
Largest movements
- Receivables within one year -€21,013
down €21,013 (-22.6%), from €92,965 to €71,952
of which Trade receivables: -€32,873
- Tangible fixed assets -€14,417
down €14,417 (-3.0%), from €481,362 to €466,945
of which Land and buildings: -€14,445
- Cash -€9,797
down €9,797 (-35.7%), from €27,440 to €17,643
mainly Debts after one year (-€33,995) and Investment in fixed assets (net) (-€11,383)
- Debts after one year -€33,995
down €33,995 (-12.7%), from €268,529 to €234,534
- Profit (loss) carried forward +€10,659
up €10,659 (+86.7%), from -€12,298 to -€1,639
- Tax, wage and social debts -€8,867
down €8,867 (-56.1%), from €15,810 to €6,942
of which Taxes: -€8,867
- Other debts -€6,211
down €6,211 (-8.0%), from €77,451 to €71,239
- Gross operating margin +€25,320
up €25,320 (+117.1%), from €21,625 to €46,945
- Provisions -€2,870
new in 2025: -€2,870
- Other operating charges +€1,374
up €1,374 (+103.7%), from €1,325 to €2,700
- Financial charges -€768
down €768 (-6.8%), from €11,231 to €10,464
of which Financial charges: -€768
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.
Cash bridge derived
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 | €601,767 | €559,140 | -€42,626 | -7.1% |
| Fixed assets | 21/28 | €481,362 | €466,945 | -€14,417 | -3.0% |
| Tangible fixed assets | 22/27 | €481,362 | €466,945 | -€14,417 | -3.0% |
| Land and buildings | 22 | €416,017 | €401,572 | -€14,445 | -3.5% |
| Plant, machinery and equipment | 23 | €64,882 | €64,888 | +€6 | 0.0% |
| Furniture and vehicles | 24 | €463 | €485 | +€22 | +4.7% |
| Current assets | 29/58 | €120,404 | €92,195 | -€28,209 | -23.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €92,965 | €71,952 | -€21,013 | -22.6% |
| Trade receivables | 40 | €42,954 | €10,081 | -€32,873 | -76.5% |
| Other amounts receivable | 41 | €50,010 | €61,870 | +€11,860 | +23.7% |
| Cash at bank and in hand | 54/58 | €27,440 | €17,643 | -€9,797 | -35.7% |
| Deferred charges and accrued income | 490/1 | €0 | €2,601 | +€2,601 | |
| Total equity and liabilities | 10/49 | €601,767 | €559,140 | -€42,626 | -7.1% |
| Equity | 10/15 | €196,757 | €207,415 | +€10,659 | +5.4% |
| Contributions | 10/11 | €17,256 | €17,256 | = | 0.0% |
| Reserves | 13 | €191,798 | €191,798 | = | 0.0% |
| Distributable reserves | 133 | €191,798 | €191,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,298 | -€1,639 | +€10,659 | +86.7% |
| Provisions and deferred taxes | 16 | €2,870 | €0 | -€2,870 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €2,870 | €0 | -€2,870 | -100.0% |
| Pensions and similar obligations | 160 | €2,870 | €0 | -€2,870 | -100.0% |
| Amounts payable | 17/49 | €402,140 | €351,725 | -€50,415 | -12.5% |
| Amounts payable after more than one year | 17 | €268,529 | €234,534 | -€33,995 | -12.7% |
| Financial debts | 170/4 | €268,529 | €234,534 | -€33,995 | -12.7% |
| Amounts payable within one year | 42/48 | €133,157 | €117,104 | -€16,053 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €39,896 | €35,695 | -€4,201 | -10.5% |
| Trade debts | 44 | €0 | €3,227 | +€3,227 | |
| Suppliers | 440/4 | €0 | €3,227 | +€3,227 | |
| Taxes, remuneration and social security | 45 | €15,810 | €6,942 | -€8,867 | -56.1% |
| Taxes | 450/3 | €15,810 | €6,942 | -€8,867 | -56.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €77,451 | €71,239 | -€6,211 | -8.0% |
| Accrued charges and deferred income | 492/3 | €454 | €87 | -€367 | -80.8% |
| Remuneration, social security and pensions | 62 | €472 | €213 | -€259 | -54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,890 | €25,800 | -€89 | -0.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€2,870 | -€2,870 | |
| Other operating charges | 640/8 | €1,325 | €2,700 | +€1,374 | +103.7% |
| Non-recurring operating charges | 66A | €33,585 | €0 | -€33,585 | -100.0% |
| Gross operating margin | 9900 | €21,625 | €46,945 | +€25,320 | +117.1% |
| Operating profit (loss) | 9901 | -€39,648 | €21,102 | +€60,750 | |
| Financial income | 75/76B | €0 | €20 | +€20 | |
| Recurring financial income | 75 | €0 | €20 | +€20 | |
| Financial charges | 65/66B | €11,231 | €10,464 | -€768 | -6.8% |
| Recurring financial charges | 65 | €11,231 | €10,464 | -€768 | -6.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€50,879 | €10,659 | +€61,538 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€50,879 | €10,659 | +€61,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,879 | €10,659 | +€61,538 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.