WIM VAN DAELE: 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.
WIM VAN DAELE
Largest movements
- Cash +€31,564
up €31,564 (+84.4%), from €37,381 to €68,944
mainly Provisions (+€117,491) and Receivables within one year (+€25,153)
- Receivables within one year -€25,153
down €25,153 (-49.5%), from €50,830 to €25,677
of which Trade receivables: -€20,321
- Tangible fixed assets -€5,528
down €5,528 (-6.8%), from €81,715 to €76,187
- Provisions +€117,491
new in 2025: €117,491
- Profit (loss) carried forward -€64,412
down €64,412, from €0 to -€64,412
- Reserves -€29,198
down €29,198 (-22.4%), from €130,221 to €101,023
of which Distributable reserves: -€29,198
- Debts after one year -€7,733
down €7,733 (-100%), from €7,733 to €0
- Current portion of long-term debt -€7,575
down €7,575 (-45.6%), from €16,602 to €9,027
- Provisions +€117,491
new in 2025: €117,491
- Taxes -€9,035
down €9,035 (-98.6%), from €9,161 to €126
- Gross operating margin +€3,294
up €3,294 (+8.9%), from €36,876 to €40,169
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 | €173,103 | €174,106 | +€1,003 | +0.6% |
| Fixed assets | 21/28 | €81,715 | €76,187 | -€5,528 | -6.8% |
| Tangible fixed assets | 22/27 | €81,715 | €76,187 | -€5,528 | -6.8% |
| Land and buildings | 22 | €69,689 | €67,289 | -€2,400 | -3.4% |
| Plant, machinery and equipment | 23 | €3,484 | €3,362 | -€122 | -3.5% |
| Furniture and vehicles | 24 | €6,649 | €4,589 | -€2,060 | -31.0% |
| Other tangible fixed assets | 26 | €1,893 | €947 | -€947 | -50.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €91,388 | €97,919 | +€6,531 | +7.1% |
| Amounts receivable within one year | 40/41 | €50,830 | €25,677 | -€25,153 | -49.5% |
| Trade receivables | 40 | €38,713 | €18,392 | -€20,321 | -52.5% |
| Other amounts receivable | 41 | €12,118 | €7,285 | -€4,833 | -39.9% |
| Cash at bank and in hand | 54/58 | €37,381 | €68,944 | +€31,564 | +84.4% |
| Deferred charges and accrued income | 490/1 | €3,177 | €3,298 | +€121 | +3.8% |
| Total equity and liabilities | 10/49 | €173,103 | €174,106 | +€1,003 | +0.6% |
| Equity | 10/15 | €136,421 | €42,811 | -€93,610 | -68.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €130,221 | €101,023 | -€29,198 | -22.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €128,361 | €99,163 | -€29,198 | -22.7% |
| Profit (loss) carried forward | 14 | €0 | -€64,412 | -€64,412 | |
| Provisions and deferred taxes | 16 | - | €117,491 | +€117,491 | |
| Provisions for liabilities and charges | 160/5 | - | €117,491 | +€117,491 | |
| Other liabilities and charges | 164/5 | - | €117,491 | +€117,491 | |
| Amounts payable | 17/49 | €36,681 | €13,803 | -€22,878 | -62.4% |
| Amounts payable after more than one year | 17 | €7,733 | €0 | -€7,733 | -100% |
| Financial debts | 170/4 | €7,733 | €0 | -€7,733 | -100% |
| Amounts payable within one year | 42/48 | €28,949 | €13,803 | -€15,146 | -52.3% |
| Current portion of amounts payable after more than one year | 42 | €16,602 | €9,027 | -€7,575 | -45.6% |
| Trade debts | 44 | €1,338 | €1,112 | -€226 | -16.9% |
| Suppliers | 440/4 | €1,338 | €1,112 | -€226 | -16.9% |
| Taxes, remuneration and social security | 45 | €10,873 | €3,529 | -€7,344 | -67.5% |
| Taxes | 450/3 | €10,873 | €3,529 | -€7,344 | -67.5% |
| Other amounts payable | 47/48 | €135 | €135 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,596 | €6,449 | -€147 | -2.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €117,491 | +€117,491 | |
| Other operating charges | 640/8 | €1,339 | €1,387 | +€48 | +3.6% |
| Gross operating margin | 9900 | €36,876 | €40,169 | +€3,294 | +8.9% |
| Operating profit (loss) | 9901 | €28,941 | -€85,158 | -€114,098 | |
| Financial income | 75/76B | €794 | €1,010 | +€216 | +27.2% |
| Recurring financial income | 75 | €794 | €1,010 | +€216 | +27.2% |
| Financial charges | 65/66B | €616 | €443 | -€173 | -28.1% |
| Recurring financial charges | 65 | €616 | €443 | -€173 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €29,119 | -€84,591 | -€113,710 | |
| Income taxes | 67/77 | €9,161 | €126 | -€9,035 | -98.6% |
| Profit (loss) for the period | 9904 | €19,958 | -€84,717 | -€104,674 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,958 | -€84,717 | -€104,674 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.