WIM DE CRAENE: what changed
What changed
WIM DE CRAENE
NACE 90.391, Promotion and organisation of arts and performing arts events
filed annual accounts (NBB)
Net result for the year
€5,391
2024 · -€45,800+€51,190
Equity
€334,799
2024 · €329,408+€5,391
Cash
€132,097
2024 · €82,704+€49,393
Balance sheet total
€1.5m
2024 · €1.5m-€64,310
Largest movements
Assets
- Tangible fixed assets -€141,359
down €141,359 (-10.0%), from €1.4m to €1.3m
- Cash +€49,393
up €49,393 (+59.7%), from €82,704 to €132,097
mainly Depreciation (+€102,043) and Investment in fixed assets (net) (+€39,316)
- Receivables within one year +€30,955
up €30,955 (+88.9%), from €34,829 to €65,784
of which Trade receivables: +€31,255
Equity and liabilities
- Debts after one year -€91,237
down €91,237 (-8.6%), from €1.1m to €964,977
- Tax, wage and social debts +€22,526
up €22,526 (+184%), from €12,256 to €34,782
- Accrued charges and deferred income +€22,500
up €22,500 (+1,500%), from €1,500 to €24,000
Income statement
- Gross operating margin +€32,110
up €32,110 (+32.1%), from €99,888 to €131,998
- Depreciation -€17,656
down €17,656 (-14.8%), from €119,699 to €102,043
- Financial charges -€1,344
down €1,344 (-7.4%), from €18,208 to €16,865
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.
Result 2024
-€45,800
Gross operating margin
+€32,110
Depreciation
+€17,656
Other operating charges
+€314
Other operating items
+€205
Financial income
-€484
Financial charges
+€1,344
Taxes
+€46
Result 2025
€5,391
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€108,378
Investment
+€39,316
Financing
-€98,301
Cash 2024
€82,704
From operations (derived)
+€108,378
Net result for the year
+€5,391
Depreciation
+€102,043
Receivables within one year
-€30,955
Deferred charges and accrued income
+€3,298
Trade debts
-€3,038
Tax, wage and social debts
+€22,526
Other debts
-€13,388
Accrued charges and deferred income
+€22,500
Investment (derived)
+€39,316
Investment in fixed assets (net)
+€39,316
Financing
-€98,301
Debts after one year
-€91,237
Current portion of long-term debt
-€7,064
Cash 2025
€132,097
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,540,897 | €1,476,588 | -€64,310 | -4.2% |
| Fixed assets | 21/28 | €1,410,922 | €1,269,563 | -€141,359 | -10.0% |
| Tangible fixed assets | 22/27 | €1,410,922 | €1,269,563 | -€141,359 | -10.0% |
| Land and buildings | 22 | €1,226,464 | €1,173,122 | -€53,342 | -4.3% |
| Plant, machinery and equipment | 23 | €33,901 | €11,508 | -€22,393 | -66.1% |
| Furniture and vehicles | 24 | €150,557 | €84,933 | -€65,625 | -43.6% |
| Current assets | 29/58 | €129,976 | €207,025 | +€77,049 | +59.3% |
| Amounts receivable within one year | 40/41 | €34,829 | €65,784 | +€30,955 | +88.9% |
| Trade receivables | 40 | €34,223 | €65,478 | +€31,255 | +91.3% |
| Other amounts receivable | 41 | €606 | €306 | -€300 | -49.5% |
| Cash at bank and in hand | 54/58 | €82,704 | €132,097 | +€49,393 | +59.7% |
| Deferred charges and accrued income | 490/1 | €12,443 | €9,145 | -€3,298 | -26.5% |
| Total equity and liabilities | 10/49 | €1,540,897 | €1,476,588 | -€64,310 | -4.2% |
| Equity | 10/15 | €329,408 | €334,799 | +€5,391 | +1.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €309,408 | €314,799 | +€5,391 | +1.7% |
| Distributable reserves | 133 | €309,408 | €314,799 | +€5,391 | +1.7% |
| Amounts payable | 17/49 | €1,211,490 | €1,141,789 | -€69,701 | -5.8% |
| Amounts payable after more than one year | 17 | €1,056,215 | €964,977 | -€91,237 | -8.6% |
| Financial debts | 170/4 | €1,056,215 | €964,977 | -€91,237 | -8.6% |
| Amounts payable within one year | 42/48 | €153,775 | €152,812 | -€963 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €80,689 | €73,626 | -€7,064 | -8.8% |
| Trade debts | 44 | €8,426 | €5,388 | -€3,038 | -36.1% |
| Suppliers | 440/4 | €8,426 | €5,388 | -€3,038 | -36.1% |
| Taxes, remuneration and social security | 45 | €12,256 | €34,782 | +€22,526 | +184% |
| Taxes | 450/3 | €12,256 | €34,782 | +€22,526 | +184% |
| Other amounts payable | 47/48 | €52,403 | €39,015 | -€13,388 | -25.5% |
| Accrued charges and deferred income | 492/3 | €1,500 | €24,000 | +€22,500 | +1,500% |
| Non-recurring operating income | 76A | €4,725 | €3,772 | -€954 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,699 | €102,043 | -€17,656 | -14.8% |
| Other operating charges | 640/8 | €8,384 | €8,070 | -€314 | -3.7% |
| Non-recurring operating charges | 66A | €205 | - | -€205 | |
| Gross operating margin | 9900 | €99,888 | €131,998 | +€32,110 | +32.1% |
| Operating profit (loss) | 9901 | -€28,401 | €21,885 | +€50,285 | |
| Financial income | 75/76B | €1,004 | €520 | -€484 | -48.2% |
| Recurring financial income | 75 | €1,004 | €520 | -€484 | -48.2% |
| Financial charges | 65/66B | €18,208 | €16,865 | -€1,344 | -7.4% |
| Recurring financial charges | 65 | €18,208 | €16,865 | -€1,344 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€45,605 | €5,540 | +€51,144 | |
| Income taxes | 67/77 | €195 | €149 | -€46 | -23.6% |
| Profit (loss) for the period | 9904 | -€45,800 | €5,391 | +€51,190 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,800 | €5,391 | +€51,190 |
Next steps
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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 8 November 2026 via checked.be.