WANELEK: 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.
WANELEK
Largest movements
- Cash +€15,372
up €15,372 (+45.8%), from €33,533 to €48,905
mainly Depreciation (+€13,643) and Net result for the year (+€8,156)
- Tangible fixed assets -€10,833
down €10,833 (-19.6%), from €55,334 to €44,501
of which Furniture and vehicles: -€10,746
- Reserves +€5,756
up €5,756 (+35.2%), from €16,341 to €22,096
of which Distributable reserves: +€22,096
- Depreciation +€5,650
up €5,650 (+70.7%), from €7,993 to €13,643
- Gross operating margin +€1,274
up €1,274 (+5.0%), from €25,398 to €26,672
- Other operating charges +€863
up €863 (+297.1%), from €291 to €1,154
- Taxes -€779
down €779 (-17.4%), from €4,463 to €3,684
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 | €94,415 | €98,834 | +€4,419 | +4.7% |
| Fixed assets | 21/28 | €55,334 | €44,501 | -€10,833 | -19.6% |
| Tangible fixed assets | 22/27 | €55,334 | €44,501 | -€10,833 | -19.6% |
| Plant, machinery and equipment | 23 | €294 | €207 | -€86 | -29.4% |
| Furniture and vehicles | 24 | €55,040 | €44,294 | -€10,746 | -19.5% |
| Current assets | 29/58 | €39,081 | €54,333 | +€15,252 | +39.0% |
| Amounts receivable within one year | 40/41 | €4,253 | €4,275 | +€21 | +0.5% |
| Trade receivables | 40 | €3,779 | €2,113 | -€1,666 | -44.1% |
| Other amounts receivable | 41 | €475 | €2,162 | +€1,687 | +355.4% |
| Cash at bank and in hand | 54/58 | €33,533 | €48,905 | +€15,372 | +45.8% |
| Deferred charges and accrued income | 490/1 | €1,294 | €1,153 | -€141 | -10.9% |
| Total equity and liabilities | 10/49 | €94,415 | €98,834 | +€4,419 | +4.7% |
| Equity | 10/15 | €18,341 | €24,096 | +€5,756 | +31.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,341 | €22,096 | +€5,756 | +35.2% |
| Non-distributable reserves | 130/1 | €16,341 | - | -€16,341 | |
| Other | 1319 | €16,341 | - | -€16,341 | |
| Distributable reserves | 133 | - | €22,096 | +€22,096 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €76,074 | €74,738 | -€1,336 | -1.8% |
| Amounts payable within one year | 42/48 | €75,324 | €74,738 | -€586 | -0.8% |
| Trade debts | 44 | €1,245 | €489 | -€757 | -60.8% |
| Suppliers | 440/4 | €1,245 | €489 | -€757 | -60.8% |
| Taxes, remuneration and social security | 45 | €4,463 | €3,684 | -€779 | -17.4% |
| Taxes | 450/3 | €4,463 | €3,684 | -€779 | -17.4% |
| Other amounts payable | 47/48 | €69,616 | €70,565 | +€949 | +1.4% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,993 | €13,643 | +€5,650 | +70.7% |
| Other operating charges | 640/8 | €291 | €1,154 | +€863 | +297.1% |
| Gross operating margin | 9900 | €25,398 | €26,672 | +€1,274 | +5.0% |
| Operating profit (loss) | 9901 | €17,114 | €11,876 | -€5,239 | -30.6% |
| Financial income | 75/76B | €10 | €3 | -€7 | -67.5% |
| Recurring financial income | 75 | €10 | €3 | -€7 | -67.5% |
| Financial charges | 65/66B | €35 | €39 | +€4 | +12.0% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €17,090 | €11,840 | -€5,250 | -30.7% |
| Income taxes | 67/77 | €4,463 | €3,684 | -€779 | -17.4% |
| Profit (loss) for the period | 9904 | €12,627 | €8,156 | -€4,471 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,627 | €8,156 | -€4,471 | -35.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.