WEINAND OLIVER: 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.
WEINAND OLIVER
Largest movements
- Current investments +€250,000
new in 2025: €250,000
- Cash -€93,659
down €93,659 (-63.7%), from €147,112 to €53,453
mainly Current investments (-€250,000) and Receivables within one year (-€72,435)
- Receivables within one year +€72,435
up €72,435 (+308%), from €23,539 to €95,974
of which Trade receivables: +€70,777
- Tangible fixed assets -€7,747
down €7,747 (-28.5%), from €27,172 to €19,425
of which Furniture and vehicles: -€5,161
- Reserves +€113,427
up €113,427 (+72.8%), from €155,774 to €269,201
- Debts after one year +€111,162
up €111,162 (+400%), from €27,817 to €138,979
- Tax, wage and social debts -€5,086
down €5,086 (-32.5%), from €15,664 to €10,579
- Financial charges +€6,783
up €6,783 (+353%), from €1,921 to €8,703
- Taxes -€5,453
down €5,453 (-9.9%), from €54,843 to €49,389
- Financial income +€3,499
new in 2025: €3,499
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 | €201,324 | €422,352 | +€221,028 | +110% |
| Fixed assets | 21/28 | €27,172 | €19,425 | -€7,747 | -28.5% |
| Tangible fixed assets | 22/27 | €27,172 | €19,425 | -€7,747 | -28.5% |
| Furniture and vehicles | 24 | €17,716 | €12,555 | -€5,161 | -29.1% |
| Other tangible fixed assets | 26 | €9,456 | €6,870 | -€2,586 | -27.3% |
| Current assets | 29/58 | €174,151 | €402,927 | +€228,775 | +131% |
| Amounts receivable within one year | 40/41 | €23,539 | €95,974 | +€72,435 | +308% |
| Trade receivables | 40 | €23,539 | €94,317 | +€70,777 | +301% |
| Other amounts receivable | 41 | - | €1,657 | +€1,657 | |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €147,112 | €53,453 | -€93,659 | -63.7% |
| Deferred charges and accrued income | 490/1 | €3,500 | €3,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €201,324 | €422,352 | +€221,028 | +110% |
| Equity | 10/15 | €156,287 | €269,714 | +€113,427 | +72.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €155,774 | €269,201 | +€113,427 | +72.8% |
| Distributable reserves | 133 | €155,774 | €269,201 | +€113,427 | +72.8% |
| Profit (loss) carried forward | 14 | €413 | €413 | = | 0.0% |
| Amounts payable | 17/49 | €45,037 | €152,638 | +€107,601 | +239% |
| Amounts payable after more than one year | 17 | €27,817 | €138,979 | +€111,162 | +400% |
| Other amounts payable | 178/9 | €27,817 | €138,979 | +€111,162 | +400% |
| Amounts payable within one year | 42/48 | €17,220 | €13,659 | -€3,561 | -20.7% |
| Trade debts | 44 | €1,556 | €3,080 | +€1,525 | +98.0% |
| Suppliers | 440/4 | €1,556 | €3,080 | +€1,525 | +98.0% |
| Taxes, remuneration and social security | 45 | €15,664 | €10,579 | -€5,086 | -32.5% |
| Taxes | 450/3 | €15,664 | €10,579 | -€5,086 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,747 | €7,747 | -€0 | 0.0% |
| Other operating charges | 640/8 | €331 | €186 | -€144 | -43.7% |
| Gross operating margin | 9900 | €176,476 | €175,954 | -€522 | -0.3% |
| Operating profit (loss) | 9901 | €168,398 | €168,021 | -€378 | -0.2% |
| Financial income | 75/76B | - | €3,499 | +€3,499 | |
| Recurring financial income | 75 | - | €3,499 | +€3,499 | |
| Financial charges | 65/66B | €1,921 | €8,703 | +€6,783 | +353% |
| Recurring financial charges | 65 | €1,921 | €8,703 | +€6,783 | +353% |
| Profit (loss) for the period before taxes | 9903 | €166,478 | €162,817 | -€3,661 | -2.2% |
| Income taxes | 67/77 | €54,843 | €49,389 | -€5,453 | -9.9% |
| Profit (loss) for the period | 9904 | €111,635 | €113,427 | +€1,792 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,635 | €113,427 | +€1,792 | +1.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.