VERVOER PATRICK WIEME: 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.
VERVOER PATRICK WIEME
Largest movements
- Tangible fixed assets +€54,802
up €54,802 (+95.5%), from €57,403 to €112,204
- Receivables within one year -€29,129
down €29,129 (-41.9%), from €69,568 to €40,439
of which Trade receivables: -€32,686
- Cash +€24,280
up €24,280 (+42.8%), from €56,704 to €80,984
mainly Debts after one year (+€45,208) and Receivables within one year (+€29,129)
- Deferred charges and accrued income +€19,806
new in 2025: €19,806
- Receivables after one year -€4,000
down €4,000 (-26.7%), from €15,000 to €11,000
- Debts after one year +€45,208
up €45,208, from €0 to €45,208
- Reserves +€23,330
up €23,330 (+45.2%), from €51,600 to €74,930
of which Distributable reserves: +€23,330
- Trade debts -€18,161
down €18,161 (-40.7%), from €44,580 to €26,419
- Current portion of long-term debt +€12,972
up €12,972 (+286%), from €4,528 to €17,500
- Tax, wage and social debts +€5,495
up €5,495 (+23.9%), from €23,030 to €28,525
of which Taxes: +€7,676
- Gross operating margin -€35,816
down €35,816 (-16.2%), from €221,340 to €185,524
- Staff costs -€23,422
down €23,422 (-20.3%), from €115,441 to €92,019
- Depreciation +€6,856
up €6,856 (+38.1%), from €17,976 to €24,832
- Taxes +€3,135
up €3,135 (+29.2%), from €10,739 to €13,874
- Other operating charges +€2,378
up €2,378 (+10.0%), from €23,753 to €26,131
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 | €198,675 | €264,434 | +€65,759 | +33.1% |
| Fixed assets | 21/28 | €57,403 | €112,204 | +€54,802 | +95.5% |
| Tangible fixed assets | 22/27 | €57,403 | €112,204 | +€54,802 | +95.5% |
| Furniture and vehicles | 24 | €57,403 | €112,204 | +€54,802 | +95.5% |
| Current assets | 29/58 | €141,272 | €152,229 | +€10,957 | +7.8% |
| Amounts receivable after more than one year | 29 | €15,000 | €11,000 | -€4,000 | -26.7% |
| Other amounts receivable | 291 | €15,000 | €11,000 | -€4,000 | -26.7% |
| Amounts receivable within one year | 40/41 | €69,568 | €40,439 | -€29,129 | -41.9% |
| Trade receivables | 40 | €69,284 | €36,598 | -€32,686 | -47.2% |
| Other amounts receivable | 41 | €283 | €3,841 | +€3,558 | +1,255% |
| Cash at bank and in hand | 54/58 | €56,704 | €80,984 | +€24,280 | +42.8% |
| Deferred charges and accrued income | 490/1 | - | €19,806 | +€19,806 | |
| Total equity and liabilities | 10/49 | €198,675 | €264,434 | +€65,759 | +33.1% |
| Equity | 10/15 | €122,164 | €145,499 | +€23,335 | +19.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €51,600 | €74,930 | +€23,330 | +45.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €45,400 | €68,730 | +€23,330 | +51.4% |
| Profit (loss) carried forward | 14 | €8,564 | €8,569 | +€5 | +0.1% |
| Amounts payable | 17/49 | €76,510 | €118,934 | +€42,424 | +55.4% |
| Amounts payable after more than one year | 17 | €0 | €45,208 | +€45,208 | |
| Financial debts | 170/4 | €0 | €45,208 | +€45,208 | |
| Amounts payable within one year | 42/48 | €76,510 | €73,726 | -€2,784 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €4,528 | €17,500 | +€12,972 | +286% |
| Trade debts | 44 | €44,580 | €26,419 | -€18,161 | -40.7% |
| Suppliers | 440/4 | €44,580 | €26,419 | -€18,161 | -40.7% |
| Taxes, remuneration and social security | 45 | €23,030 | €28,525 | +€5,495 | +23.9% |
| Taxes | 450/3 | €11,937 | €19,613 | +€7,676 | +64.3% |
| Remuneration and social security | 454/9 | €11,094 | €8,912 | -€2,181 | -19.7% |
| Other amounts payable | 47/48 | €4,372 | €1,282 | -€3,090 | -70.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €115,441 | €92,019 | -€23,422 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,976 | €24,832 | +€6,856 | +38.1% |
| Other operating charges | 640/8 | €23,753 | €26,131 | +€2,378 | +10.0% |
| Non-recurring operating charges | 66A | €6,600 | €3,200 | -€3,400 | -51.5% |
| Gross operating margin | 9900 | €221,340 | €185,524 | -€35,816 | -16.2% |
| Operating profit (loss) | 9901 | €57,571 | €39,342 | -€18,229 | -31.7% |
| Financial income | 75/76B | €588 | €325 | -€263 | -44.7% |
| Recurring financial income | 75 | €588 | €325 | -€263 | -44.7% |
| Financial charges | 65/66B | €1,173 | €1,624 | +€452 | +38.5% |
| Recurring financial charges | 65 | €1,173 | €1,624 | +€452 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €56,986 | €38,042 | -€18,944 | -33.2% |
| Income taxes | 67/77 | €10,739 | €13,874 | +€3,135 | +29.2% |
| Profit (loss) for the period | 9904 | €46,247 | €24,168 | -€22,079 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,247 | €24,168 | -€22,079 | -47.7% |
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 23 October 2026 via checked.be.