Wesley Gabriëls: what changed
Wesley Gabriëls
Largest movements
- Tangible fixed assets +€12,666
up €12,666 (+103%), from €12,348 to €25,014
of which Furniture and vehicles: +€16,171
- Receivables within one year +€11,456
up €11,456 (+143%), from €7,998 to €19,453
of which Trade receivables: +€7,733
- Cash -€5,466
down €5,466 (-44.6%), from €12,247 to €6,781
mainly Investment in fixed assets (net) (-€15,708) and Receivables within one year (-€11,456)
- Deferred charges and accrued income +€681
up €681 (+144%), from €473 to €1,154
- Debts after one year +€9,697
up €9,697 (+243%), from €3,995 to €13,692
- Current portion of long-term debt +€6,272
up €6,272 (+207%), from €3,031 to €9,303
- Profit (loss) carried forward -€5,685
down €5,685, from €0 to -€5,685
- Trade debts +€4,726
up €4,726 (+68.0%), from €6,953 to €11,678
- Other debts +€4,253
up €4,253 (+143%), from €2,970 to €7,223
- Taxes +€1,184
up €1,184 (+102%), from €1,166 to €2,349
- Depreciation -€675
down €675 (-18.2%), from €3,718 to €3,042
- Financial income -€155
down €155 (-83.9%), from €184 to €30
- Gross operating margin +€142
up €142 (+1.7%), from €8,155 to €8,297
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,453 | €65,655 | +€19,203 | +41.3% |
| Fixed assets | 21/28 | €13,458 | €26,124 | +€12,666 | +94.1% |
| Tangible fixed assets | 22/27 | €12,348 | €25,014 | +€12,666 | +103% |
| Plant, machinery and equipment | 23 | €4,163 | €658 | -€3,506 | -84.2% |
| Furniture and vehicles | 24 | €8,185 | €24,356 | +€16,171 | +198% |
| Financial fixed assets | 28 | €1,110 | €1,110 | = | 0.0% |
| Current assets | 29/58 | €32,995 | €39,532 | +€6,537 | +19.8% |
| Stocks and contracts in progress | 3 | €12,277 | €12,144 | -€133 | -1.1% |
| Stocks | 30/36 | €12,277 | €12,144 | -€133 | -1.1% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €7,998 | €19,453 | +€11,456 | +143% |
| Trade receivables | 40 | €5,065 | €12,798 | +€7,733 | +153% |
| Other amounts receivable | 41 | €2,932 | €6,655 | +€3,723 | +127% |
| Cash at bank and in hand | 54/58 | €12,247 | €6,781 | -€5,466 | -44.6% |
| Deferred charges and accrued income | 490/1 | €473 | €1,154 | +€681 | +144% |
| Total equity and liabilities | 10/49 | €46,453 | €65,655 | +€19,203 | +41.3% |
| Equity | 10/15 | €22,220 | €15,944 | -€6,276 | -28.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,720 | €19,129 | -€591 | -3.0% |
| Distributable reserves | 133 | €19,720 | €19,129 | -€591 | -3.0% |
| Profit (loss) carried forward | 14 | €0 | -€5,685 | -€5,685 | |
| Amounts payable | 17/49 | €24,233 | €49,711 | +€25,478 | +105% |
| Amounts payable after more than one year | 17 | €3,995 | €13,692 | +€9,697 | +243% |
| Financial debts | 170/4 | €3,995 | €13,692 | +€9,697 | +243% |
| Amounts payable within one year | 42/48 | €20,238 | €36,019 | +€15,782 | +78.0% |
| Current portion of amounts payable after more than one year | 42 | €3,031 | €9,303 | +€6,272 | +207% |
| Financial debts | 43 | €24 | €945 | +€921 | +3,842% |
| Credit institutions | 430/8 | €24 | €945 | +€921 | +3,842% |
| Trade debts | 44 | €6,953 | €11,678 | +€4,726 | +68.0% |
| Suppliers | 440/4 | €6,953 | €11,678 | +€4,726 | +68.0% |
| Taxes, remuneration and social security | 45 | €7,260 | €6,870 | -€390 | -5.4% |
| Taxes | 450/3 | €7,260 | €1,199 | -€6,061 | -83.5% |
| Remuneration and social security | 454/9 | - | €5,671 | +€5,671 | |
| Other amounts payable | 47/48 | €2,970 | €7,223 | +€4,253 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,718 | €3,042 | -€675 | -18.2% |
| Other operating charges | 640/8 | €1,261 | €1,184 | -€77 | -6.1% |
| Gross operating margin | 9900 | €8,155 | €8,297 | +€142 | +1.7% |
| Operating profit (loss) | 9901 | €3,176 | €4,071 | +€895 | +28.2% |
| Financial income | 75/76B | €184 | €30 | -€155 | -83.9% |
| Recurring financial income | 75 | €184 | €30 | -€155 | -83.9% |
| Financial charges | 65/66B | €745 | €805 | +€60 | +8.0% |
| Recurring financial charges | 65 | €745 | €805 | +€60 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €2,615 | €3,296 | +€681 | +26.0% |
| Income taxes | 67/77 | €1,166 | €2,349 | +€1,184 | +102% |
| Profit (loss) for the period | 9904 | €1,450 | €947 | -€503 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,450 | €947 | -€503 | -34.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.