MARKUS@WELLINGER.NET: 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.
MARKUS@WELLINGER.NET
Largest movements
- Cash +€23,408
up €23,408 (+62.2%), from €37,654 to €61,062
mainly Net result for the year (+€134,336) and Depreciation (+€20,140)
- Tangible fixed assets -€20,140
down €20,140 (-8.8%), from €227,941 to €207,801
of which Furniture and vehicles: -€19,533
- Deferred charges and accrued income +€4,354
up €4,354 (+227%), from €1,919 to €6,274
- Reserves +€30,000
up €30,000 (+26.0%), from €115,600 to €145,600
- Other debts -€20,935
down €20,935 (-16.5%), from €126,669 to €105,734
- Gross operating margin -€76,281
down €76,281 (-27.8%), from €274,488 to €198,207
- Taxes -€22,286
down €22,286 (-34.4%), from €64,796 to €42,510
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 | €323,584 | €331,207 | +€7,623 | +2.4% |
| Fixed assets | 21/28 | €227,941 | €207,801 | -€20,140 | -8.8% |
| Tangible fixed assets | 22/27 | €227,941 | €207,801 | -€20,140 | -8.8% |
| Land and buildings | 22 | €171,821 | €171,214 | -€607 | -0.4% |
| Furniture and vehicles | 24 | €56,121 | €36,587 | -€19,533 | -34.8% |
| Current assets | 29/58 | €95,643 | €123,406 | +€27,763 | +29.0% |
| Current investments | 50/53 | €56,070 | €56,070 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,654 | €61,062 | +€23,408 | +62.2% |
| Deferred charges and accrued income | 490/1 | €1,919 | €6,274 | +€4,354 | +227% |
| Total equity and liabilities | 10/49 | €323,584 | €331,207 | +€7,623 | +2.4% |
| Equity | 10/15 | €190,000 | €220,000 | +€30,000 | +15.8% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €115,600 | €145,600 | +€30,000 | +26.0% |
| Distributable reserves | 133 | €115,600 | €145,600 | +€30,000 | +26.0% |
| Amounts payable | 17/49 | €133,584 | €111,207 | -€22,377 | -16.8% |
| Amounts payable within one year | 42/48 | €133,584 | €111,207 | -€22,377 | -16.8% |
| Trade debts | 44 | €12 | €14 | +€2 | +16.5% |
| Suppliers | 440/4 | €12 | €14 | +€2 | +16.5% |
| Taxes, remuneration and social security | 45 | €6,904 | €5,459 | -€1,444 | -20.9% |
| Taxes | 450/3 | €6,904 | €5,459 | -€1,444 | -20.9% |
| Other amounts payable | 47/48 | €126,669 | €105,734 | -€20,935 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,140 | €20,140 | = | 0.0% |
| Other operating charges | 640/8 | €448 | €387 | -€61 | -13.5% |
| Gross operating margin | 9900 | €274,488 | €198,207 | -€76,281 | -27.8% |
| Operating profit (loss) | 9901 | €253,899 | €177,679 | -€76,220 | -30.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,330 | €834 | -€496 | -37.3% |
| Recurring financial charges | 65 | €1,330 | €834 | -€496 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €252,570 | €176,846 | -€75,724 | -30.0% |
| Income taxes | 67/77 | €64,796 | €42,510 | -€22,286 | -34.4% |
| Profit (loss) for the period | 9904 | €187,774 | €134,336 | -€53,439 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €187,774 | €134,336 | -€53,439 | -28.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.