WENS - VOS: 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
WENS - VOS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€16,455
2024 · €39,185-€55,640
Equity
€361,417
2024 · €377,871-€16,455
Cash
€7,762
2024 · €3,155+€4,607
Balance sheet total
€981,183
2024 · €1.0m-€51,979
Largest movements
Assets
- Tangible fixed assets -€39,335
down €39,335 (-4.2%), from €940,482 to €901,147
of which Other tangible fixed assets: -€29,490
- Receivables within one year -€21,158
down €21,158 (-45.3%), from €46,697 to €25,539
of which Other amounts receivable: -€13,172
Equity and liabilities
- Debts after one year -€40,740
down €40,740 (-8.7%), from €467,739 to €426,999
- Short-term financial debts -€20,906
down €20,906 (-100%), from €20,906 to €0
- Other debts +€16,530
up €16,530 (+14.3%), from €115,658 to €132,188
- Profit (loss) carried forward -€16,455
new in 2025: -€16,455
Income statement
- Gross operating margin -€56,557
down €56,557 (-45.3%), from €124,843 to €68,286
- Taxes -€19,128
down €19,128 (-98.3%), from €19,458 to €330
- Financial charges -€1,332
down €1,332 (-7.1%), from €18,662 to €17,330
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
€39,185
Gross operating margin
-€56,557
Depreciation
-€194
Other operating charges
-€1,110
Other operating items
-€18,238
Financial income
-€0
Financial charges
+€1,332
Taxes
+€19,128
Result 2025
-€16,455
raises the resultlowers the resultnot broken down further in the accounts
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
+€69,772
Investment
-€5,113
Financing
-€60,052
Cash 2024
€3,155
From operations (derived)
+€69,772
Net result for the year
-€16,455
Depreciation
+€44,448
Receivables within one year
+€21,158
Deferred charges and accrued income
-€3,906
Trade debts
+€5,377
Tax, wage and social debts
+€1,720
Other debts
+€16,530
Accrued charges and deferred income
+€900
Investment (derived)
-€5,113
Investment in fixed assets (net)
-€5,113
Financing
-€60,052
Debts after one year
-€40,740
Current portion of long-term debt
+€1,594
Short-term financial debts
-€20,906
Cash 2025
€7,762
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,033,162 | €981,183 | -€51,979 | -5.0% |
| Fixed assets | 21/28 | €977,682 | €938,347 | -€39,335 | -4.0% |
| Tangible fixed assets | 22/27 | €940,482 | €901,147 | -€39,335 | -4.2% |
| Land and buildings | 22 | €243,989 | €233,444 | -€10,546 | -4.3% |
| Plant, machinery and equipment | 23 | €24,669 | €20,635 | -€4,034 | -16.4% |
| Furniture and vehicles | 24 | - | €4,734 | +€4,734 | |
| Other tangible fixed assets | 26 | €671,823 | €642,333 | -€29,490 | -4.4% |
| Financial fixed assets | 28 | €37,200 | €37,200 | = | 0.0% |
| Current assets | 29/58 | €55,480 | €42,836 | -€12,644 | -22.8% |
| Amounts receivable within one year | 40/41 | €46,697 | €25,539 | -€21,158 | -45.3% |
| Trade receivables | 40 | €27,313 | €19,327 | -€7,986 | -29.2% |
| Other amounts receivable | 41 | €19,384 | €6,212 | -€13,172 | -68.0% |
| Cash at bank and in hand | 54/58 | €3,155 | €7,762 | +€4,607 | +146% |
| Deferred charges and accrued income | 490/1 | €5,629 | €9,535 | +€3,906 | +69.4% |
| Total equity and liabilities | 10/49 | €1,033,162 | €981,183 | -€51,979 | -5.0% |
| Equity | 10/15 | €377,871 | €361,417 | -€16,455 | -4.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €187,871 | €187,871 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,053 | €11,053 | = | 0.0% |
| Distributable reserves | 133 | €176,818 | €176,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,455 | -€16,455 | |
| Amounts payable | 17/49 | €655,291 | €619,766 | -€35,525 | -5.4% |
| Amounts payable after more than one year | 17 | €467,739 | €426,999 | -€40,740 | -8.7% |
| Financial debts | 170/4 | €467,739 | €426,999 | -€40,740 | -8.7% |
| Amounts payable within one year | 42/48 | €187,552 | €191,867 | +€4,315 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €39,146 | €40,740 | +€1,594 | +4.1% |
| Financial debts | 43 | €20,906 | €0 | -€20,906 | -100% |
| Credit institutions | 430/8 | €20,906 | €0 | -€20,906 | -100% |
| Trade debts | 44 | €8,387 | €13,764 | +€5,377 | +64.1% |
| Suppliers | 440/4 | €8,387 | €13,764 | +€5,377 | +64.1% |
| Taxes, remuneration and social security | 45 | €3,455 | €5,175 | +€1,720 | +49.8% |
| Taxes | 450/3 | €455 | €675 | +€220 | +48.4% |
| Remuneration and social security | 454/9 | €3,000 | €4,500 | +€1,500 | +50.0% |
| Other amounts payable | 47/48 | €115,658 | €132,188 | +€16,530 | +14.3% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,254 | €44,448 | +€194 | +0.4% |
| Other operating charges | 640/8 | €3,285 | €4,395 | +€1,110 | +33.8% |
| Non-recurring operating charges | 66A | - | €18,238 | +€18,238 | |
| Gross operating margin | 9900 | €124,843 | €68,286 | -€56,557 | -45.3% |
| Operating profit (loss) | 9901 | €77,305 | €1,206 | -€76,099 | -98.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €18,662 | €17,330 | -€1,332 | -7.1% |
| Recurring financial charges | 65 | €18,662 | €17,330 | -€1,332 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €58,643 | -€16,125 | -€74,768 | |
| Income taxes | 67/77 | €19,458 | €330 | -€19,128 | -98.3% |
| Profit (loss) for the period | 9904 | €39,185 | -€16,455 | -€55,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,185 | -€16,455 | -€55,640 |
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 26 October 2026 via checked.be.