Wanjie Lin: 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.
Wanjie Lin
Largest movements
- Cash +€14,939
up €14,939 (+5.0%), from €299,809 to €314,748
mainly Net result for the year (+€170,855) and Other debts (+€170,741)
- Other debts +€170,741
up €170,741 (+1,669%), from €10,231 to €180,973
- Profit (loss) carried forward -€154,386
down €154,386 (-100%), from €154,386 to €0
- Gross operating margin +€22,172
up €22,172 (+11.0%), from €202,142 to €224,314
- Taxes +€5,169
up €5,169 (+11.3%), from €45,726 to €50,895
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 | €323,848 | €337,288 | +€13,440 | +4.2% |
| Fixed assets | 21/28 | €9,758 | €8,266 | -€1,492 | -15.3% |
| Tangible fixed assets | 22/27 | €6,458 | €4,966 | -€1,492 | -23.1% |
| Furniture and vehicles | 24 | €6,458 | €4,966 | -€1,492 | -23.1% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €314,090 | €329,022 | +€14,932 | +4.8% |
| Amounts receivable within one year | 40/41 | €14,281 | €14,274 | -€6 | 0.0% |
| Other amounts receivable | 41 | €14,281 | €14,274 | -€6 | 0.0% |
| Cash at bank and in hand | 54/58 | €299,809 | €314,748 | +€14,939 | +5.0% |
| Total equity and liabilities | 10/49 | €323,848 | €337,288 | +€13,440 | +4.2% |
| Equity | 10/15 | €293,088 | €138,702 | -€154,386 | -52.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €136,702 | €136,702 | = | 0.0% |
| Distributable reserves | 133 | €136,702 | €136,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,386 | €0 | -€154,386 | -100% |
| Amounts payable | 17/49 | €30,760 | €198,586 | +€167,826 | +546% |
| Amounts payable within one year | 42/48 | €30,760 | €198,586 | +€167,826 | +546% |
| Financial debts | 43 | €97 | €420 | +€324 | +335% |
| Credit institutions | 430/8 | €97 | €420 | +€324 | +335% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €3,513 | €945 | -€2,568 | -73.1% |
| Suppliers | 440/4 | €3,513 | €945 | -€2,568 | -73.1% |
| Taxes, remuneration and social security | 45 | €16,920 | €16,248 | -€672 | -4.0% |
| Taxes | 450/3 | €15,685 | €13,562 | -€2,123 | -13.5% |
| Remuneration and social security | 454/9 | €1,235 | €2,686 | +€1,451 | +117% |
| Other amounts payable | 47/48 | €10,231 | €180,973 | +€170,741 | +1,669% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €1,492 | +€958 | +179% |
| Other operating charges | 640/8 | €709 | €728 | +€19 | +2.7% |
| Gross operating margin | 9900 | €202,142 | €224,314 | +€22,172 | +11.0% |
| Operating profit (loss) | 9901 | €200,899 | €222,094 | +€21,195 | +10.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €787 | €344 | -€443 | -56.3% |
| Recurring financial charges | 65 | €787 | €344 | -€443 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €200,112 | €221,749 | +€21,638 | +10.8% |
| Income taxes | 67/77 | €45,726 | €50,895 | +€5,169 | +11.3% |
| Profit (loss) for the period | 9904 | €154,386 | €170,855 | +€16,469 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €154,386 | €170,855 | +€16,469 | +10.7% |
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 30 October 2026 via checked.be.