W. VAN dEN ABBEELE: 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.
W. VAN dEN ABBEELE
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€48,574
down €48,574 (-53.9%), from €90,078 to €41,503
mainly Current investments (-€80,000) and Contributions, distributions and other (-€58,403)
- Receivables within one year -€39,819
down €39,819 (-95.9%), from €41,536 to €1,717
of which Other amounts receivable: -€40,397
- Tangible fixed assets -€4,201
down €4,201 (-79.9%), from €5,258 to €1,057
- Reserves -€8,551
down €8,551 (-7.2%), from €119,031 to €110,481
- Trade debts -€2,371
down €2,371 (-55.2%), from €4,296 to €1,925
- Tax, wage and social debts -€1,952
down €1,952 (-16.7%), from €11,719 to €9,767
- Gross operating margin +€9,667
up €9,667 (+13.7%), from €70,467 to €80,133
- Depreciation -€3,789
down €3,789 (-69.1%), from €5,487 to €1,698
- Financial income -€2,461
down €2,461 (-100.0%), from €2,462 to €1
- Taxes +€2,310
up €2,310 (+10.2%), from €22,697 to €25,007
- Other operating charges +€2,182
up €2,182 (+184%), from €1,183 to €3,365
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 | €140,046 | €127,295 | -€12,751 | -9.1% |
| Fixed assets | 21/28 | €5,258 | €1,057 | -€4,201 | -79.9% |
| Tangible fixed assets | 22/27 | €5,258 | €1,057 | -€4,201 | -79.9% |
| Furniture and vehicles | 24 | €5,258 | €1,057 | -€4,201 | -79.9% |
| Current assets | 29/58 | €134,788 | €126,238 | -€8,550 | -6.3% |
| Amounts receivable within one year | 40/41 | €41,536 | €1,717 | -€39,819 | -95.9% |
| Trade receivables | 40 | €914 | €1,492 | +€578 | +63.2% |
| Other amounts receivable | 41 | €40,621 | €225 | -€40,397 | -99.4% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €90,078 | €41,503 | -€48,574 | -53.9% |
| Deferred charges and accrued income | 490/1 | €3,175 | €3,018 | -€157 | -4.9% |
| Total equity and liabilities | 10/49 | €140,046 | €127,295 | -€12,751 | -9.1% |
| Equity | 10/15 | €124,031 | €115,481 | -€8,551 | -6.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €119,031 | €110,481 | -€8,551 | -7.2% |
| Distributable reserves | 133 | €119,031 | €110,481 | -€8,551 | -7.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,015 | €11,814 | -€4,201 | -26.2% |
| Amounts payable within one year | 42/48 | €16,015 | €11,814 | -€4,201 | -26.2% |
| Trade debts | 44 | €4,296 | €1,925 | -€2,371 | -55.2% |
| Suppliers | 440/4 | €4,296 | €1,925 | -€2,371 | -55.2% |
| Taxes, remuneration and social security | 45 | €11,719 | €9,767 | -€1,952 | -16.7% |
| Taxes | 450/3 | €11,719 | €9,767 | -€1,952 | -16.7% |
| Other amounts payable | 47/48 | - | €122 | +€122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,487 | €1,698 | -€3,789 | -69.1% |
| Other operating charges | 640/8 | €1,183 | €3,365 | +€2,182 | +184% |
| Gross operating margin | 9900 | €70,467 | €80,133 | +€9,667 | +13.7% |
| Operating profit (loss) | 9901 | €63,796 | €75,071 | +€11,274 | +17.7% |
| Financial income | 75/76B | €2,462 | €1 | -€2,461 | -100.0% |
| Recurring financial income | 75 | €2,462 | €1 | -€2,461 | -100.0% |
| Financial charges | 65/66B | €182 | €212 | +€30 | +16.3% |
| Recurring financial charges | 65 | €182 | €212 | +€30 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €66,076 | €74,859 | +€8,783 | +13.3% |
| Income taxes | 67/77 | €22,697 | €25,007 | +€2,310 | +10.2% |
| Profit (loss) for the period | 9904 | €43,379 | €49,852 | +€6,473 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,379 | €49,852 | +€6,473 | +14.9% |
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 26 October 2026 via checked.be.