WIM VANACKER: 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 VANACKER
Largest movements
- Cash +€4,177
up €4,177 (+9.1%), from €45,993 to €50,170
mainly Net result for the year (+€6,498) and Depreciation (+€1,302)
- Receivables within one year +€3,596
up €3,596 (+10.6%), from €33,771 to €37,367
of which Other amounts receivable: +€9,265
- Reserves +€6,498
up €6,498 (+15.8%), from €41,118 to €47,616
- Trade debts +€1,231
up €1,231 (+12.8%), from €9,649 to €10,880
- Gross operating margin -€11,422
down €11,422 (-51.6%), from €22,118 to €10,696
- Taxes -€1,585
down €1,585 (-44.2%), from €3,585 to €2,000
- Depreciation +€760
up €760 (+140.2%), from €542 to €1,302
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.
Cash bridge derived
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 | €91,296 | €99,251 | +€7,955 | +8.7% |
| Fixed assets | 21/28 | €4,169 | €4,351 | +€182 | +4.4% |
| Tangible fixed assets | 22/27 | €4,169 | €4,351 | +€182 | +4.4% |
| Plant, machinery and equipment | 23 | €727 | €1,728 | +€1,001 | +137.7% |
| Furniture and vehicles | 24 | €3,442 | €2,623 | -€819 | -23.8% |
| Current assets | 29/58 | €87,127 | €94,900 | +€7,773 | +8.9% |
| Stocks and contracts in progress | 3 | €7,363 | €7,363 | = | 0.0% |
| Stocks | 30/36 | €7,363 | €7,363 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,771 | €37,367 | +€3,596 | +10.6% |
| Trade receivables | 40 | €33,200 | €27,531 | -€5,669 | -17.1% |
| Other amounts receivable | 41 | €571 | €9,836 | +€9,265 | +1622.6% |
| Cash at bank and in hand | 54/58 | €45,993 | €50,170 | +€4,177 | +9.1% |
| Total equity and liabilities | 10/49 | €91,296 | €99,251 | +€7,955 | +8.7% |
| Equity | 10/15 | €47,318 | €53,816 | +€6,498 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,118 | €47,616 | +€6,498 | +15.8% |
| Distributable reserves | 133 | €41,118 | €47,616 | +€6,498 | +15.8% |
| Amounts payable | 17/49 | €43,978 | €45,435 | +€1,457 | +3.3% |
| Amounts payable within one year | 42/48 | €43,978 | €45,435 | +€1,457 | +3.3% |
| Trade debts | 44 | €9,649 | €10,880 | +€1,231 | +12.8% |
| Suppliers | 440/4 | €9,649 | €10,880 | +€1,231 | +12.8% |
| Taxes, remuneration and social security | 45 | €4,500 | €4,383 | -€117 | -2.6% |
| Taxes | 450/3 | €4,500 | €4,383 | -€117 | -2.6% |
| Other amounts payable | 47/48 | €29,829 | €30,172 | +€343 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €542 | €1,302 | +€760 | +140.2% |
| Other operating charges | 640/8 | €661 | €734 | +€73 | +11.0% |
| Gross operating margin | 9900 | €22,118 | €10,696 | -€11,422 | -51.6% |
| Operating profit (loss) | 9901 | €20,915 | €8,660 | -€12,255 | -58.6% |
| Financial income | 75/76B | €50 | €63 | +€13 | +26.0% |
| Recurring financial income | 75 | €50 | €63 | +€13 | +26.0% |
| Financial charges | 65/66B | €214 | €225 | +€11 | +5.1% |
| Recurring financial charges | 65 | €214 | €225 | +€11 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €20,751 | €8,498 | -€12,253 | -59.0% |
| Income taxes | 67/77 | €3,585 | €2,000 | -€1,585 | -44.2% |
| Profit (loss) for the period | 9904 | €17,166 | €6,498 | -€10,668 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,166 | €6,498 | -€10,668 | -62.1% |
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 10 October 2026 via checked.be.