VANWYNENDAEL: 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.
VANWYNENDAEL
Largest movements
- Cash +€53,016
up €53,016 (+27.8%), from €190,514 to €243,529
mainly Net result for the year (+€72,810) and Depreciation (+€8,844)
- Tangible fixed assets -€8,844
down €8,844 (-9.4%), from €93,826 to €84,983
of which Land and buildings: -€4,614
- Reserves +€47,480
up €47,480 (+16.8%), from €282,051 to €329,531
- Gross operating margin +€23,857
up €23,857 (+27.4%), from €86,990 to €110,847
- Taxes +€7,835
up €7,835 (+39.2%), from €19,969 to €27,804
- Depreciation -€4,542
down €4,542 (-33.9%), from €13,385 to €8,844
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 | €329,276 | €374,938 | +€45,662 | +13.9% |
| Fixed assets | 21/28 | €93,888 | €85,045 | -€8,844 | -9.4% |
| Tangible fixed assets | 22/27 | €93,826 | €84,983 | -€8,844 | -9.4% |
| Land and buildings | 22 | €86,406 | €81,792 | -€4,614 | -5.3% |
| Plant, machinery and equipment | 23 | €1,318 | €899 | -€419 | -31.8% |
| Furniture and vehicles | 24 | €6,102 | €2,292 | -€3,810 | -62.4% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €235,387 | €289,893 | +€54,506 | +23.2% |
| Stocks and contracts in progress | 3 | €8,924 | €8,650 | -€274 | -3.1% |
| Stocks | 30/36 | €7,336 | €6,775 | -€561 | -7.6% |
| Contracts in progress | 37 | €1,588 | €1,875 | +€287 | +18.1% |
| Amounts receivable within one year | 40/41 | €33,822 | €36,096 | +€2,274 | +6.7% |
| Trade receivables | 40 | €23,930 | €23,858 | -€72 | -0.3% |
| Other amounts receivable | 41 | €9,892 | €12,238 | +€2,346 | +23.7% |
| Cash at bank and in hand | 54/58 | €190,514 | €243,529 | +€53,016 | +27.8% |
| Deferred charges and accrued income | 490/1 | €2,127 | €1,618 | -€510 | -24.0% |
| Total equity and liabilities | 10/49 | €329,276 | €374,938 | +€45,662 | +13.9% |
| Equity | 10/15 | €300,643 | €348,123 | +€47,480 | +15.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €282,051 | €329,531 | +€47,480 | +16.8% |
| Distributable reserves | 133 | €282,051 | €329,531 | +€47,480 | +16.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,633 | €26,815 | -€1,817 | -6.3% |
| Amounts payable within one year | 42/48 | €28,633 | €26,815 | -€1,817 | -6.3% |
| Trade debts | 44 | €19,178 | €18,000 | -€1,178 | -6.1% |
| Suppliers | 440/4 | €19,178 | €18,000 | -€1,178 | -6.1% |
| Taxes, remuneration and social security | 45 | €8,059 | €7,553 | -€505 | -6.3% |
| Taxes | 450/3 | €4,313 | €4,554 | +€242 | +5.6% |
| Remuneration and social security | 454/9 | €3,746 | €2,999 | -€747 | -19.9% |
| Other amounts payable | 47/48 | €1,396 | €1,263 | -€133 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,385 | €8,844 | -€4,542 | -33.9% |
| Other operating charges | 640/8 | €1,033 | €1,169 | +€136 | +13.2% |
| Gross operating margin | 9900 | €86,990 | €110,847 | +€23,857 | +27.4% |
| Operating profit (loss) | 9901 | €72,572 | €100,835 | +€28,263 | +38.9% |
| Financial income | 75/76B | €62 | €4 | -€58 | -92.9% |
| Recurring financial income | 75 | €62 | €4 | -€58 | -92.9% |
| Financial charges | 65/66B | €195 | €225 | +€31 | +15.7% |
| Recurring financial charges | 65 | €195 | €225 | +€31 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €72,439 | €100,614 | +€28,175 | +38.9% |
| Income taxes | 67/77 | €19,969 | €27,804 | +€7,835 | +39.2% |
| Profit (loss) for the period | 9904 | €52,470 | €72,810 | +€20,339 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,470 | €72,810 | +€20,339 | +38.8% |
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 14 October 2026 via checked.be.