Wealth’nest: 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.
Wealth’nest
Largest movements
- Receivables within one year -€15,041
down €15,041 (-81.3%), from €18,510 to €3,469
of which Other amounts receivable: -€14,916
- Tangible fixed assets -€5,270
down €5,270 (-1.6%), from €330,132 to €324,862
of which Land and buildings: -€5,946
- Cash +€4,853
up €4,853 (+164.7%), from €2,947 to €7,801
mainly Other debts (+€16,532) and Receivables within one year (+€15,041)
- Profit (loss) carried forward -€21,018
down €21,018 (-386.1%), from -€5,443 to -€26,460
- Other debts +€16,532
up €16,532 (+9.7%), from €170,174 to €186,706
- Trade debts -€10,920
down €10,920 (-85.9%), from €12,718 to €1,798
- Debts after one year -€4,741
down €4,741 (-2.9%), from €164,000 to €159,259
- Current portion of long-term debt +€4,741
new in 2024: €4,741
- Purchases and services +€12,185
up €12,185 (+333.2%), from €3,657 to €15,842
- Financial charges +€8,410
up €8,410 (+120.2%), from €6,999 to €15,410
- Gross operating margin -€6,318
down €6,318 (-83.8%), from €7,543 to €1,225
- Turnover +€5,867
up €5,867 (+52.4%), from €11,200 to €17,067
- Depreciation +€825
up €825 (+16.1%), from €5,134 to €5,959
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,983 | €336,543 | -€15,440 | -4.4% |
| Fixed assets | 21/28 | €330,132 | €324,862 | -€5,270 | -1.6% |
| Tangible fixed assets | 22/27 | €330,132 | €324,862 | -€5,270 | -1.6% |
| Land and buildings | 22 | €330,132 | €324,186 | -€5,946 | -1.8% |
| Other tangible fixed assets | 26 | - | €676 | +€676 | |
| Current assets | 29/58 | €21,852 | €11,681 | -€10,171 | -46.5% |
| Amounts receivable within one year | 40/41 | €18,510 | €3,469 | -€15,041 | -81.3% |
| Trade receivables | 40 | €3,595 | €3,469 | -€126 | -3.5% |
| Other amounts receivable | 41 | €14,916 | - | -€14,916 | |
| Cash at bank and in hand | 54/58 | €2,947 | €7,801 | +€4,853 | +164.7% |
| Deferred charges and accrued income | 490/1 | €394 | €411 | +€17 | +4.4% |
| Total equity and liabilities | 10/49 | €351,983 | €336,543 | -€15,440 | -4.4% |
| Equity | 10/15 | €4,557 | -€16,460 | -€21,018 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,443 | -€26,460 | -€21,018 | -386.1% |
| Amounts payable | 17/49 | €347,426 | €353,003 | +€5,577 | +1.6% |
| Amounts payable after more than one year | 17 | €164,000 | €159,259 | -€4,741 | -2.9% |
| Financial debts | 170/4 | €164,000 | €159,259 | -€4,741 | -2.9% |
| Amounts payable within one year | 42/48 | €183,426 | €193,745 | +€10,318 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,741 | +€4,741 | |
| Trade debts | 44 | €12,718 | €1,798 | -€10,920 | -85.9% |
| Suppliers | 440/4 | €12,718 | €1,798 | -€10,920 | -85.9% |
| Taxes, remuneration and social security | 45 | €535 | €499 | -€36 | -6.7% |
| Taxes | 450/3 | €535 | €499 | -€36 | -6.7% |
| Other amounts payable | 47/48 | €170,174 | €186,706 | +€16,532 | +9.7% |
| Turnover | 70 | €11,200 | €17,067 | +€5,867 | +52.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,657 | €15,842 | +€12,185 | +333.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,134 | €5,959 | +€825 | +16.1% |
| Other operating charges | 640/8 | €853 | €874 | +€22 | +2.5% |
| Gross operating margin | 9900 | €7,543 | €1,225 | -€6,318 | -83.8% |
| Operating profit (loss) | 9901 | €1,556 | -€5,608 | -€7,164 | |
| Financial charges | 65/66B | €6,999 | €15,410 | +€8,410 | +120.2% |
| Recurring financial charges | 65 | €6,999 | €15,410 | +€8,410 | +120.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,443 | -€21,018 | -€15,575 | -286.1% |
| Profit (loss) for the period | 9904 | -€5,443 | -€21,018 | -€15,575 | -286.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,443 | -€21,018 | -€15,575 | -286.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.