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Wendam: what changed

Two fiscal 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

Wendam

BE 0537.521.045
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,059
2024 · €5,766-€1,707
Equity
€410,374
2024 · €291,772+€118,602
Cash
€371
2024 · €71+€301
Balance sheet total
€424,623
2024 · €309,640+€114,983

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€110,438

    up €110,438 (+86.0%), from €128,392 to €238,830

  • Receivables within one year +€9,251

    up €9,251 (+5.3%), from €176,171 to €185,422

    of which Other amounts receivable: +€7,565

  • Deferred charges and accrued income -€5,007

    down €5,007 (-100.0%), from €5,007 to €0

Equity and liabilities
  • Revaluation surpluses +€114,543

    new in 2025: €114,543

  • Current portion of long-term debt -€7,403

    down €7,403 (-74.9%), from €9,887 to €2,484

Income statement
  • Financial income +€5,463

    up €5,463 (+119.3%), from €4,580 to €10,043

  • Gross operating margin -€5,260

    down €5,260 (-75.5%), from €6,962 to €1,703

  • Taxes +€1,182

    new in 2025: €1,182

  • Other operating charges +€866

    up €866 (+75.8%), from €1,142 to €2,008

  • Financial charges -€138

    down €138 (-26.0%), from €530 to €392

From the 2024 result to the 2025 result

effect on the 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 €5,766
Gross operating margin -€5,260
Depreciation +€0
Other operating charges -€866
Financial income +€5,463
Financial charges +€138
Taxes -€1,182
Result 2025 €4,059

Cash bridge derived

cash 2024 to 2025

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 +€8,537
Investment -€114,543
Financing +€106,306
Cash 2024 €71
Net result for the year +€4,059
Depreciation +€4,105
Receivables within one year -€9,251
Deferred charges and accrued income +€5,007
Trade debts +€2,584
Tax, wage and social debts +€1,182
Other debts +€1,701
Accrued charges and deferred income -€850
Investment in fixed assets (net) -€114,543
Debts after one year -€834
Current portion of long-term debt -€7,403
Contributions, distributions and other +€114,543
Cash 2025 €371
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €309,640 €424,623 +€114,983 +37.1%
Fixed assets 21/28 €128,392 €238,830 +€110,438 +86.0%
Tangible fixed assets 22/27 €128,392 €238,830 +€110,438 +86.0%
Land and buildings 22 €128,392 €238,830 +€110,438 +86.0%
Current assets 29/58 €181,249 €185,793 +€4,545 +2.5%
Amounts receivable within one year 40/41 €176,171 €185,422 +€9,251 +5.3%
Trade receivables 40 - €1,687 +€1,687
Other amounts receivable 41 €176,171 €183,736 +€7,565 +4.3%
Cash at bank and in hand 54/58 €71 €371 +€301 +424.8%
Deferred charges and accrued income 490/1 €5,007 €0 -€5,007 -100.0%
Total equity and liabilities 10/49 €309,640 €424,623 +€114,983 +37.1%
Equity 10/15 €291,772 €410,374 +€118,602 +40.6%
Contributions 10/11 €270,000 €270,000 = 0.0%
Revaluation surpluses 12 - €114,543 +€114,543
Reserves 13 €27,000 €27,000 = 0.0%
Non-distributable reserves 130/1 €27,000 €27,000 = 0.0%
Reserves not available under the articles 1311 €27,000 €27,000 = 0.0%
Profit (loss) carried forward 14 -€5,228 -€1,169 +€4,059 +77.6%
Amounts payable 17/49 €17,868 €14,249 -€3,619 -20.3%
Amounts payable after more than one year 17 €834 €0 -€834 -100.0%
Financial debts 170/4 €834 €0 -€834 -100.0%
Amounts payable within one year 42/48 €16,184 €14,249 -€1,935 -12.0%
Current portion of amounts payable after more than one year 42 €9,887 €2,484 -€7,403 -74.9%
Trade debts 44 €3,998 €6,582 +€2,584 +64.6%
Suppliers 440/4 €3,998 €6,582 +€2,584 +64.6%
Taxes, remuneration and social security 45 - €1,182 +€1,182
Taxes 450/3 - €1,182 +€1,182
Other amounts payable 47/48 €2,299 €4,000 +€1,701 +74.0%
Accrued charges and deferred income 492/3 €850 €0 -€850 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,105 €4,105 -€0 0.0%
Other operating charges 640/8 €1,142 €2,008 +€866 +75.8%
Gross operating margin 9900 €6,962 €1,703 -€5,260 -75.5%
Operating profit (loss) 9901 €1,715 -€4,410 -€6,125
Financial income 75/76B €4,580 €10,043 +€5,463 +119.3%
Recurring financial income 75 €4,580 €10,043 +€5,463 +119.3%
Financial charges 65/66B €530 €392 -€138 -26.0%
Recurring financial charges 65 €530 €392 -€138 -26.0%
Profit (loss) for the period before taxes 9903 €5,766 €5,241 -€525 -9.1%
Income taxes 67/77 - €1,182 +€1,182
Profit (loss) for the period 9904 €5,766 €4,059 -€1,707 -29.6%
Profit (loss) for the period to be appropriated 9905 €5,766 €4,059 -€1,707 -29.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.