Wesley Lavens: 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.
Wesley Lavens
Largest movements
- Current investments +€145,408
new in 2025: €145,408
- Receivables within one year +€107,890
up €107,890 (+31,685%), from €341 to €108,231
of which Other amounts receivable: +€107,731
- Cash -€75,820
down €75,820 (-32.8%), from €230,918 to €155,097
mainly Contributions, distributions and other (-€352,941) and Current investments (-€145,408)
- Tangible fixed assets -€22,738
down €22,738 (-51.1%), from €44,465 to €21,727
of which Furniture and vehicles: -€21,072
- Other debts +€347,055
up €347,055 (+5,659%), from €6,132 to €353,188
- Reserves -€203,245
down €203,245 (-83.5%), from €243,484 to €40,239
- Trade debts +€8,124
up €8,124 (+40.5%), from €20,066 to €28,189
- Gross operating margin +€110,448
up €110,448 (+96.3%), from €114,718 to €225,166
- Taxes +€16,513
up €16,513 (+97.0%), from €17,027 to €33,541
- Other operating charges +€13,266
up €13,266 (+762%), from €1,740 to €15,006
- Financial charges +€5,943
up €5,943 (+284%), from €2,091 to €8,034
- Depreciation -€5,223
down €5,223 (-19.4%), from €26,880 to €21,657
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 | €285,826 | €437,395 | +€151,569 | +53.0% |
| Fixed assets | 21/28 | €44,465 | €21,727 | -€22,738 | -51.1% |
| Tangible fixed assets | 22/27 | €44,465 | €21,727 | -€22,738 | -51.1% |
| Plant, machinery and equipment | 23 | €5,726 | €4,061 | -€1,665 | -29.1% |
| Furniture and vehicles | 24 | €38,739 | €17,666 | -€21,072 | -54.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €241,361 | €415,668 | +€174,306 | +72.2% |
| Stocks and contracts in progress | 3 | €7,062 | €5,376 | -€1,686 | -23.9% |
| Stocks | 30/36 | €7,062 | €5,376 | -€1,686 | -23.9% |
| Amounts receivable within one year | 40/41 | €341 | €108,231 | +€107,890 | +31,685% |
| Trade receivables | 40 | - | €159 | +€159 | |
| Other amounts receivable | 41 | €341 | €108,072 | +€107,731 | +31,638% |
| Current investments | 50/53 | - | €145,408 | +€145,408 | |
| Cash at bank and in hand | 54/58 | €230,918 | €155,097 | -€75,820 | -32.8% |
| Deferred charges and accrued income | 490/1 | €3,041 | €1,556 | -€1,486 | -48.8% |
| Total equity and liabilities | 10/49 | €285,826 | €437,395 | +€151,569 | +53.0% |
| Equity | 10/15 | €247,484 | €44,239 | -€203,245 | -82.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €243,484 | €40,239 | -€203,245 | -83.5% |
| Distributable reserves | 133 | €243,484 | €40,239 | -€203,245 | -83.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,342 | €393,156 | +€354,814 | +925% |
| Amounts payable within one year | 42/48 | €36,642 | €391,156 | +€354,514 | +967% |
| Trade debts | 44 | €20,066 | €28,189 | +€8,124 | +40.5% |
| Suppliers | 440/4 | €20,066 | €28,189 | +€8,124 | +40.5% |
| Taxes, remuneration and social security | 45 | €10,444 | €9,779 | -€665 | -6.4% |
| Taxes | 450/3 | €7,044 | €6,379 | -€665 | -9.4% |
| Remuneration and social security | 454/9 | €3,400 | €3,400 | = | 0.0% |
| Other amounts payable | 47/48 | €6,132 | €353,188 | +€347,055 | +5,659% |
| Accrued charges and deferred income | 492/3 | €1,700 | €2,000 | +€300 | +17.6% |
| Non-recurring operating income | 76A | €7,469 | €100,000 | +€92,531 | +1,239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,880 | €21,657 | -€5,223 | -19.4% |
| Other operating charges | 640/8 | €1,740 | €15,006 | +€13,266 | +762% |
| Gross operating margin | 9900 | €114,718 | €225,166 | +€110,448 | +96.3% |
| Operating profit (loss) | 9901 | €86,098 | €188,503 | +€102,406 | +119% |
| Financial income | 75/76B | €7 | €2,767 | +€2,760 | +40,123% |
| Recurring financial income | 75 | €7 | €2,767 | +€2,760 | +40,123% |
| Financial charges | 65/66B | €2,091 | €8,034 | +€5,943 | +284% |
| Recurring financial charges | 65 | €2,091 | €8,034 | +€5,943 | +284% |
| Profit (loss) for the period before taxes | 9903 | €84,014 | €183,237 | +€99,223 | +118% |
| Income taxes | 67/77 | €17,027 | €33,541 | +€16,513 | +97.0% |
| Profit (loss) for the period | 9904 | €66,986 | €149,696 | +€82,710 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €66,986 | €149,696 | +€82,710 | +123% |
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 31 October 2026 via checked.be.