Wannes.RE: 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.RE
Largest movements
- Tangible fixed assets +€1.7m
new in 2025: €1.7m
- Receivables within one year +€892,091
up €892,091 (+278%), from €320,890 to €1.2m
of which Other amounts receivable: +€525,274
- Financial fixed assets +€802,315
up €802,315 (+94.0%), from €853,146 to €1.7m
- Stocks and contracts +€115,687
up €115,687, from €0 to €115,687
- Revaluation surpluses +€1.9m
up €1.9m (+261%), from €748,146 to €2.7m
- Other debts +€657,279
up €657,279 (+554%), from €118,699 to €775,978
- Trade debts +€607,441
up €607,441 (+260%), from €233,842 to €841,284
- Debts after one year +€233,357
up €233,357 (+172%), from €135,485 to €368,842
- Gross operating margin -€35,162
down €35,162 (-36.7%), from €95,780 to €60,618
- Financial charges +€15,630
up €15,630 (+136%), from €11,470 to €27,100
- Taxes +€12,061
up €12,061 (+13,328%), from €90 to €12,151
- Financial income -€2,178
down €2,178 (-18.2%), from €11,986 to €9,808
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 | €1,424,579 | €4,903,498 | +€3.5m | +244% |
| Fixed assets | 21/28 | €853,146 | €3,360,461 | +€2.5m | +294% |
| Tangible fixed assets | 22/27 | - | €1,705,000 | +€1.7m | |
| Land and buildings | 22 | - | €1,705,000 | +€1.7m | |
| Financial fixed assets | 28 | €853,146 | €1,655,461 | +€802,315 | +94.0% |
| Current assets | 29/58 | €571,433 | €1,543,036 | +€971,604 | +170% |
| Amounts receivable after more than one year | 29 | €203,827 | €195,460 | -€8,366 | -4.1% |
| Other amounts receivable | 291 | €203,827 | €195,460 | -€8,366 | -4.1% |
| Stocks and contracts in progress | 3 | €0 | €115,687 | +€115,687 | |
| Stocks | 30/36 | €0 | €115,687 | +€115,687 | |
| Amounts receivable within one year | 40/41 | €320,890 | €1,212,980 | +€892,091 | +278% |
| Trade receivables | 40 | €7,277 | €374,093 | +€366,817 | +5,041% |
| Other amounts receivable | 41 | €313,613 | €838,887 | +€525,274 | +167% |
| Cash at bank and in hand | 54/58 | €46,716 | €3,412 | -€43,304 | -92.7% |
| Deferred charges and accrued income | 490/1 | €0 | €15,496 | +€15,496 | |
| Total equity and liabilities | 10/49 | €1,424,579 | €4,903,498 | +€3.5m | +244% |
| Equity | 10/15 | €848,146 | €2,828,553 | +€2.0m | +233% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €748,146 | €2,697,897 | +€1.9m | +261% |
| Profit (loss) carried forward | 14 | €0 | €30,655 | +€30,655 | |
| Amounts payable | 17/49 | €576,433 | €2,074,945 | +€1.5m | +260% |
| Amounts payable after more than one year | 17 | €135,485 | €368,842 | +€233,357 | +172% |
| Financial debts | 170/4 | €135,485 | €368,842 | +€233,357 | +172% |
| Amounts payable within one year | 42/48 | €440,948 | €1,701,603 | +€1.3m | +286% |
| Current portion of amounts payable after more than one year | 42 | €64,515 | €72,100 | +€7,585 | +11.8% |
| Trade debts | 44 | €233,842 | €841,284 | +€607,441 | +260% |
| Suppliers | 440/4 | €233,842 | €841,284 | +€607,441 | +260% |
| Taxes, remuneration and social security | 45 | €23,891 | €12,242 | -€11,649 | -48.8% |
| Taxes | 450/3 | €23,891 | €12,242 | -€11,649 | -48.8% |
| Other amounts payable | 47/48 | €118,699 | €775,978 | +€657,279 | +554% |
| Accrued charges and deferred income | 492/3 | - | €4,500 | +€4,500 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €95,780 | €60,618 | -€35,162 | -36.7% |
| Operating profit (loss) | 9901 | €95,274 | €60,098 | -€35,176 | -36.9% |
| Financial income | 75/76B | €11,986 | €9,808 | -€2,178 | -18.2% |
| Recurring financial income | 75 | €11,986 | €9,808 | -€2,178 | -18.2% |
| Financial charges | 65/66B | €11,470 | €27,100 | +€15,630 | +136% |
| Recurring financial charges | 65 | €11,470 | €27,100 | +€15,630 | +136% |
| Profit (loss) for the period before taxes | 9903 | €95,790 | €42,806 | -€52,983 | -55.3% |
| Income taxes | 67/77 | €90 | €12,151 | +€12,061 | +13,328% |
| Profit (loss) for the period | 9904 | €95,699 | €30,655 | -€65,044 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,699 | €30,655 | -€65,044 | -68.0% |
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 1 November 2026 via checked.be.