VANWONDER: 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.
VANWONDER
Largest movements
- Cash +€79,885
up €79,885 (+254.7%), from €31,369 to €111,254
mainly Net result for the year (+€77,486) and Tax, wage and social debts (+€14,005)
- Current investments +€13,589
up €13,589 (+38.8%), from €35,000 to €48,589
- Receivables within one year -€13,418
down €13,418 (-41.4%), from €32,444 to €19,026
of which Trade receivables: -€13,387
- Reserves +€77,486
up €77,486 (+124.3%), from €62,318 to €139,803
- Tax, wage and social debts +€14,005
up €14,005 (+43.7%), from €32,025 to €46,029
of which Taxes: +€9,093
- Debts after one year -€13,558
down €13,558 (-17.5%), from €77,521 to €63,964
- Accrued charges and deferred income +€3,393
new in 2025: €3,393
- Depreciation -€18,546
down €18,546 (-61.9%), from €29,971 to €11,425
- Gross operating margin +€8,492
up €8,492 (+7.1%), from €120,167 to €128,658
- Taxes +€6,869
up €6,869 (+29.1%), from €23,570 to €30,439
- Financial charges +€6,118
up €6,118 (+180.1%), from €3,398 to €9,516
- Financial income +€1,756
up €1,756 (+32757.8%), from €5 to €1,761
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 | €253,043 | €335,631 | +€82,588 | +32.6% |
| Fixed assets | 21/28 | €153,595 | €156,123 | +€2,528 | +1.6% |
| Tangible fixed assets | 22/27 | €153,495 | €156,023 | +€2,528 | +1.6% |
| Land and buildings | 22 | €149,485 | €142,091 | -€7,394 | -4.9% |
| Furniture and vehicles | 24 | €4,010 | €13,933 | +€9,922 | +247.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €99,447 | €179,507 | +€80,060 | +80.5% |
| Amounts receivable within one year | 40/41 | €32,444 | €19,026 | -€13,418 | -41.4% |
| Trade receivables | 40 | €32,413 | €19,026 | -€13,387 | -41.3% |
| Other amounts receivable | 41 | €32 | €0 | -€32 | -100.0% |
| Current investments | 50/53 | €35,000 | €48,589 | +€13,589 | +38.8% |
| Cash at bank and in hand | 54/58 | €31,369 | €111,254 | +€79,885 | +254.7% |
| Deferred charges and accrued income | 490/1 | €635 | €639 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €253,043 | €335,631 | +€82,588 | +32.6% |
| Equity | 10/15 | €63,818 | €141,303 | +€77,486 | +121.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €62,318 | €139,803 | +€77,486 | +124.3% |
| Distributable reserves | 133 | €62,318 | €139,803 | +€77,486 | +124.3% |
| Amounts payable | 17/49 | €189,225 | €194,327 | +€5,102 | +2.7% |
| Amounts payable after more than one year | 17 | €77,521 | €63,964 | -€13,558 | -17.5% |
| Financial debts | 170/4 | €77,521 | €63,964 | -€13,558 | -17.5% |
| Amounts payable within one year | 42/48 | €111,704 | €126,970 | +€15,267 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €13,034 | €13,558 | +€523 | +4.0% |
| Trade debts | 44 | €159 | €82 | -€77 | -48.7% |
| Suppliers | 440/4 | €159 | €82 | -€77 | -48.7% |
| Taxes, remuneration and social security | 45 | €32,025 | €46,029 | +€14,005 | +43.7% |
| Taxes | 450/3 | €32,025 | €41,118 | +€9,093 | +28.4% |
| Remuneration and social security | 454/9 | - | €4,911 | +€4,911 | |
| Other amounts payable | 47/48 | €66,486 | €67,302 | +€816 | +1.2% |
| Accrued charges and deferred income | 492/3 | - | €3,393 | +€3,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,971 | €11,425 | -€18,546 | -61.9% |
| Other operating charges | 640/8 | €915 | €1,554 | +€639 | +69.8% |
| Gross operating margin | 9900 | €120,167 | €128,658 | +€8,492 | +7.1% |
| Operating profit (loss) | 9901 | €89,280 | €115,679 | +€26,399 | +29.6% |
| Financial income | 75/76B | €5 | €1,761 | +€1,756 | +32757.8% |
| Recurring financial income | 75 | €5 | €1,761 | +€1,756 | +32757.8% |
| Financial charges | 65/66B | €3,398 | €9,516 | +€6,118 | +180.1% |
| Recurring financial charges | 65 | €3,398 | €9,516 | +€6,118 | +180.1% |
| Profit (loss) for the period before taxes | 9903 | €85,887 | €107,924 | +€22,037 | +25.7% |
| Income taxes | 67/77 | €23,570 | €30,439 | +€6,869 | +29.1% |
| Profit (loss) for the period | 9904 | €62,318 | €77,486 | +€15,168 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,318 | €77,486 | +€15,168 | +24.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.