WANZL: 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.
What changed
WANZL
NACE 46.841, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€401,696
2024 · -€682,570+€280,874
Equity
€1.8m
2024 · €2.6m-€801,696
Cash
€424,790
2024 · €700,753-€275,963
Balance sheet total
€2.9m
2024 · €3.3m-€316,153
Largest movements
Assets
- Cash -€275,963
down €275,963 (-39.4%), from €700,753 to €424,790
mainly Net result for the year (-€401,696) and Contributions, distributions and other (-€400,000)
- Receivables within one year +€70,212
up €70,212 (+4.5%), from €1.6m to €1.6m
of which Trade receivables: +€115,250
- Stocks and contracts -€57,046
down €57,046 (-11.4%), from €502,190 to €445,143
- Tangible fixed assets -€47,703
down €47,703 (-10.3%), from €463,809 to €416,106
of which Furniture and vehicles: -€37,839
Equity and liabilities
- Profit (loss) carried forward -€801,696
down €801,696 (-248%), from -€323,008 to -€1.1m
- Trade debts +€560,833
up €560,833 (+161%), from €348,716 to €909,549
- Tax, wage and social debts -€76,231
down €76,231 (-24.4%), from €311,845 to €235,613
of which Remuneration and social security: -€49,149
Income statement
- Turnover +€773,774
up €773,774 (+10.5%), from €7.4m to €8.2m
- Goods and materials +€531,522
up €531,522 (+9.5%), from €5.6m to €6.1m
of which Purchases: +€707,928
- Services and other goods +€297,018
up €297,018 (+41.2%), from €720,116 to €1.0m
- Staff costs -€253,615
down €253,615 (-15.8%), from €1.6m to €1.4m
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.
Result 2024
-€682,570
Turnover
+€773,774
Other operating income
+€19,803
Goods and materials
-€531,522
Services and other goods
-€297,018
Staff costs
+€253,615
Depreciation
+€2,508
Write-downs
+€80,169
Provisions
+€1,032
Other operating charges
+€3,384
Financial income
-€23,969
Financial charges
-€1,460
Taxes
+€558
Result 2025
-€401,696
raises the resultlowers the result
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.
From operations
+€151,228
Investment
-€27,191
Financing
-€400,000
Cash 2024
€700,753
From operations (derived)
+€151,228
Net result for the year
-€401,696
Depreciation
+€74,893
Stocks and contracts
+€57,046
Receivables within one year
-€70,212
Deferred charges and accrued income
+€5,653
Smaller working-capital items
+€942
Trade debts
+€560,833
Tax, wage and social debts
-€76,231
Investment (derived)
-€27,191
Investment in fixed assets (net)
-€27,191
Financing
-€400,000
Contributions, distributions and other
-€400,000
Cash 2025
€424,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,251,134 | €2,934,982 | -€316,153 | -9.7% |
| Fixed assets | 21/28 | €464,298 | €416,596 | -€47,703 | -10.3% |
| Tangible fixed assets | 22/27 | €463,809 | €416,106 | -€47,703 | -10.3% |
| Land and buildings | 22 | €256,832 | €248,880 | -€7,952 | -3.1% |
| Plant, machinery and equipment | 23 | €3,376 | €1,465 | -€1,911 | -56.6% |
| Furniture and vehicles | 24 | €203,600 | €165,761 | -€37,839 | -18.6% |
| Financial fixed assets | 28 | €489 | €489 | = | 0.0% |
| Other financial fixed assets | 284/8 | €489 | €489 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €489 | €489 | = | 0.0% |
| Current assets | 29/58 | €2,786,836 | €2,518,386 | -€268,450 | -9.6% |
| Stocks and contracts in progress | 3 | €502,190 | €445,143 | -€57,046 | -11.4% |
| Stocks | 30/36 | €502,190 | €445,143 | -€57,046 | -11.4% |
| Goods purchased for resale | 34 | €502,190 | €445,143 | -€57,046 | -11.4% |
| Amounts receivable within one year | 40/41 | €1,567,309 | €1,637,522 | +€70,212 | +4.5% |
| Trade receivables | 40 | €1,522,272 | €1,637,522 | +€115,250 | +7.6% |
| Other amounts receivable | 41 | €45,038 | - | -€45,038 | |
| Cash at bank and in hand | 54/58 | €700,753 | €424,790 | -€275,963 | -39.4% |
| Deferred charges and accrued income | 490/1 | €16,584 | €10,931 | -€5,653 | -34.1% |
| Total equity and liabilities | 10/49 | €3,251,134 | €2,934,982 | -€316,153 | -9.7% |
| Equity | 10/15 | €2,565,623 | €1,763,927 | -€801,696 | -31.2% |
| Contributions | 10/11 | €1,125,000 | €1,125,000 | = | 0.0% |
| Reserves | 13 | €1,763,631 | €1,763,631 | = | 0.0% |
| Non-distributable reserves | 130/1 | €112,500 | €112,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €112,500 | €112,500 | = | 0.0% |
| Distributable reserves | 133 | €1,651,131 | €1,651,131 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€323,008 | -€1,124,704 | -€801,696 | -248% |
| Provisions and deferred taxes | 16 | €24,950 | €24,645 | -€305 | -1.2% |
| Provisions for liabilities and charges | 160/5 | €24,950 | €24,645 | -€305 | -1.2% |
| Other liabilities and charges | 164/5 | €24,950 | €24,645 | -€305 | -1.2% |
| Amounts payable | 17/49 | €660,561 | €1,146,409 | +€485,848 | +73.6% |
| Amounts payable within one year | 42/48 | €660,561 | €1,145,163 | +€484,601 | +73.4% |
| Trade debts | 44 | €348,716 | €909,549 | +€560,833 | +161% |
| Suppliers | 440/4 | €348,716 | €909,549 | +€560,833 | +161% |
| Taxes, remuneration and social security | 45 | €311,845 | €235,613 | -€76,231 | -24.4% |
| Taxes | 450/3 | €101,157 | €74,075 | -€27,082 | -26.8% |
| Remuneration and social security | 454/9 | €210,688 | €161,539 | -€49,149 | -23.3% |
| Accrued charges and deferred income | 492/3 | - | €1,246 | +€1,246 | |
| Operating income | 70/76A | €7,411,368 | €8,204,945 | +€793,577 | +10.7% |
| Turnover | 70 | €7,393,210 | €8,166,984 | +€773,774 | +10.5% |
| Other operating income | 74 | €18,158 | €37,961 | +€19,803 | +109% |
| Operating charges | 60/66A | €8,119,419 | €8,607,250 | +€487,831 | +6.0% |
| Goods for resale, raw materials and consumables | 60 | €5,590,785 | €6,122,308 | +€531,522 | +9.5% |
| Purchases | 600/8 | €5,363,130 | €6,071,059 | +€707,928 | +13.2% |
| Change in stocks: decrease (increase) | 609 | €227,655 | €51,249 | -€176,406 | -77.5% |
| Services and other goods | 61 | €720,116 | €1,017,134 | +€297,018 | +41.2% |
| Remuneration, social security and pensions | 62 | €1,607,924 | €1,354,309 | -€253,615 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,402 | €74,893 | -€2,508 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €85,967 | €5,798 | -€80,169 | -93.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €727 | -€305 | -€1,032 | |
| Other operating charges | 640/8 | €36,497 | €33,112 | -€3,384 | -9.3% |
| Operating profit (loss) | 9901 | -€708,051 | -€402,305 | +€305,745 | +43.2% |
| Financial income | 75/76B | €38,515 | €14,546 | -€23,969 | -62.2% |
| Recurring financial income | 75 | €38,515 | €14,546 | -€23,969 | -62.2% |
| Other financial income | 752/9 | €38,515 | €14,546 | -€23,969 | -62.2% |
| Financial charges | 65/66B | €12,477 | €13,936 | +€1,460 | +11.7% |
| Recurring financial charges | 65 | €12,477 | €13,936 | +€1,460 | +11.7% |
| Other financial charges | 652/9 | €12,477 | €13,936 | +€1,460 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€682,012 | -€401,696 | +€280,317 | +41.1% |
| Income taxes | 67/77 | €558 | €0 | -€558 | -100% |
| Taxes | 670/3 | €558 | €0 | -€558 | -100% |
| Profit (loss) for the period | 9904 | -€682,570 | -€401,696 | +€280,874 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€682,570 | -€401,696 | +€280,874 | +41.1% |
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 24 October 2026 via checked.be.