WANNES: 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.
WANNES
Largest movements
- Current investments +€39,548
up €39,548 (+10.0%), from €394,297 to €433,844
- Cash -€27,298
down €27,298 (-28.7%), from €94,969 to €67,671
mainly Current investments (-€39,548) and Contributions, distributions and other (-€39,004)
- Receivables within one year +€10,007
up €10,007 (+53.3%), from €18,768 to €28,775
of which Trade receivables: +€8,056
- Reserves +€53,584
up €53,584 (+13.2%), from €406,625 to €460,209
- Trade debts -€17,886
down €17,886 (-91.7%), from €19,505 to €1,620
- Tax, wage and social debts -€12,941
down €12,941 (-72.8%), from €17,785 to €4,844
- Gross operating margin -€43,722
down €43,722 (-34.1%), from €128,124 to €84,402
- Financial income +€31,080
up €31,080 (+260.2%), from €11,942 to €43,022
- Taxes -€9,398
down €9,398 (-25.4%), from €36,951 to €27,553
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 | €516,680 | €537,486 | +€20,806 | +4.0% |
| Fixed assets | 21/28 | €8,382 | €6,587 | -€1,795 | -21.4% |
| Intangible fixed assets | 21 | €1,182 | €182 | -€1,000 | -84.6% |
| Tangible fixed assets | 22/27 | €7,200 | €6,405 | -€795 | -11.0% |
| Land and buildings | 22 | €7,200 | €4,800 | -€2,400 | -33.3% |
| Furniture and vehicles | 24 | - | €1,605 | +€1,605 | |
| Current assets | 29/58 | €508,298 | €530,899 | +€22,601 | +4.4% |
| Amounts receivable within one year | 40/41 | €18,768 | €28,775 | +€10,007 | +53.3% |
| Trade receivables | 40 | €18,768 | €26,824 | +€8,056 | +42.9% |
| Other amounts receivable | 41 | - | €1,951 | +€1,951 | |
| Current investments | 50/53 | €394,297 | €433,844 | +€39,548 | +10.0% |
| Cash at bank and in hand | 54/58 | €94,969 | €67,671 | -€27,298 | -28.7% |
| Deferred charges and accrued income | 490/1 | €264 | €608 | +€344 | +130.0% |
| Total equity and liabilities | 10/49 | €516,680 | €537,486 | +€20,806 | +4.0% |
| Equity | 10/15 | €406,625 | €460,209 | +€53,584 | +13.2% |
| Reserves | 13 | €406,625 | €460,209 | +€53,584 | +13.2% |
| Distributable reserves | 133 | €406,625 | €460,209 | +€53,584 | +13.2% |
| Amounts payable | 17/49 | €110,055 | €77,276 | -€32,778 | -29.8% |
| Amounts payable within one year | 42/48 | €110,055 | €77,276 | -€32,778 | -29.8% |
| Trade debts | 44 | €19,505 | €1,620 | -€17,886 | -91.7% |
| Suppliers | 440/4 | €19,505 | €1,620 | -€17,886 | -91.7% |
| Taxes, remuneration and social security | 45 | €17,785 | €4,844 | -€12,941 | -72.8% |
| Taxes | 450/3 | €17,785 | €4,844 | -€12,941 | -72.8% |
| Other amounts payable | 47/48 | €72,764 | €70,813 | -€1,951 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,995 | +€595 | +17.5% |
| Other operating charges | 640/8 | €770 | €393 | -€377 | -48.9% |
| Gross operating margin | 9900 | €128,124 | €84,402 | -€43,722 | -34.1% |
| Operating profit (loss) | 9901 | €123,954 | €80,014 | -€43,940 | -35.4% |
| Financial income | 75/76B | €11,942 | €43,022 | +€31,080 | +260.2% |
| Recurring financial income | 75 | €11,942 | €43,022 | +€31,080 | +260.2% |
| Financial charges | 65/66B | €2,023 | €2,895 | +€872 | +43.1% |
| Recurring financial charges | 65 | €2,023 | €2,895 | +€872 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €133,873 | €120,141 | -€13,732 | -10.3% |
| Income taxes | 67/77 | €36,951 | €27,553 | -€9,398 | -25.4% |
| Profit (loss) for the period | 9904 | €96,922 | €92,588 | -€4,334 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,922 | €92,588 | -€4,334 | -4.5% |
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 9 October 2026 via checked.be.