WANZEELE G: 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.
WANZEELE G
Largest movements
- Tangible fixed assets -€60,931
down €60,931 (-7.3%), from €836,499 to €775,568
of which Land and buildings: -€48,396
- Current investments +€50,000
up €50,000 (+2.9%), from €1.7m to €1.8m
- Cash -€35,629
down €35,629 (-10.8%), from €330,962 to €295,332
mainly Current investments (-€50,000) and Receivables within one year (-€14,700)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€36,622
down €36,622 (-42.2%), from €86,801 to €50,179
- Gross operating margin +€4,597
up €4,597 (+18.9%), from €24,373 to €28,970
- Financial charges -€4,115
down €4,115 (-13.0%), from €31,737 to €27,623
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 | €2,933,303 | €2,901,443 | -€31,860 | -1.1% |
| Fixed assets | 21/28 | €836,999 | €776,068 | -€60,931 | -7.3% |
| Tangible fixed assets | 22/27 | €836,499 | €775,568 | -€60,931 | -7.3% |
| Land and buildings | 22 | €817,504 | €769,109 | -€48,396 | -5.9% |
| Plant, machinery and equipment | 23 | €2,140 | €1,605 | -€535 | -25.0% |
| Furniture and vehicles | 24 | €16,855 | €4,855 | -€12,000 | -71.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €2,096,304 | €2,125,374 | +€29,070 | +1.4% |
| Amounts receivable within one year | 40/41 | €25,342 | €40,042 | +€14,700 | +58.0% |
| Other amounts receivable | 41 | €25,342 | €40,042 | +€14,700 | +58.0% |
| Current investments | 50/53 | €1,740,000 | €1,790,000 | +€50,000 | +2.9% |
| Cash at bank and in hand | 54/58 | €330,962 | €295,332 | -€35,629 | -10.8% |
| Total equity and liabilities | 10/49 | €2,933,303 | €2,901,443 | -€31,860 | -1.1% |
| Equity | 10/15 | €2,459,563 | €2,445,367 | -€14,196 | -0.6% |
| Contributions | 10/11 | €670,500 | €670,500 | = | 0.0% |
| Reserves | 13 | €1,395,005 | €1,389,721 | -€5,284 | -0.4% |
| Tax-exempt reserves | 132 | €144,259 | €138,975 | -€5,284 | -3.7% |
| Distributable reserves | 133 | €1,250,746 | €1,250,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,058 | €385,146 | -€8,912 | -2.3% |
| Provisions and deferred taxes | 16 | €48,086 | €46,325 | -€1,761 | -3.7% |
| Deferred taxes | 168 | €48,086 | €46,325 | -€1,761 | -3.7% |
| Amounts payable | 17/49 | €425,654 | €409,751 | -€15,903 | -3.7% |
| Amounts payable within one year | 42/48 | €394,079 | €382,557 | -€11,522 | -2.9% |
| Trade debts | 44 | €1,285 | €464 | -€821 | -63.9% |
| Suppliers | 440/4 | €1,285 | €464 | -€821 | -63.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €392,794 | €382,093 | -€10,701 | -2.7% |
| Accrued charges and deferred income | 492/3 | €31,576 | €27,194 | -€4,381 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,931 | €60,931 | -€0 | 0.0% |
| Other operating charges | 640/8 | €6,457 | €6,383 | -€74 | -1.1% |
| Gross operating margin | 9900 | €24,373 | €28,970 | +€4,597 | +18.9% |
| Operating profit (loss) | 9901 | -€43,014 | -€38,343 | +€4,671 | +10.9% |
| Financial income | 75/76B | €86,801 | €50,179 | -€36,622 | -42.2% |
| Recurring financial income | 75 | €86,801 | €50,179 | -€36,622 | -42.2% |
| Financial charges | 65/66B | €31,737 | €27,623 | -€4,115 | -13.0% |
| Recurring financial charges | 65 | €31,737 | €27,623 | -€4,115 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €12,049 | -€15,787 | -€27,836 | |
| Transfer from deferred taxes | 780 | €1,761 | €1,761 | = | 0.0% |
| Income taxes | 67/77 | €144 | €170 | +€26 | +18.2% |
| Profit (loss) for the period | 9904 | €13,666 | -€14,196 | -€27,862 | |
| Transfer from tax-exempt reserves | 789 | €5,284 | €5,284 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,950 | -€8,912 | -€27,862 |
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 10 October 2026 via checked.be.