Wel en Wee: 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.
Wel en Wee
Largest movements
- Deferred charges and accrued income -€4,147
down €4,147 (-39.5%), from €10,496 to €6,349
- Cash +€1,878
new in 2025: €1,878
mainly Deferred charges and accrued income (+€4,147) and Net result for the year (+€4,051)
- Receivables within one year +€1,123
new in 2025: €1,123
- Tangible fixed assets -€1,065
down €1,065 (-20.0%), from €5,337 to €4,273
of which Leasing and similar rights: -€4,124
- Short-term financial debts -€2,969
no longer reported in 2025 (was €2,969)
- Profit (loss) carried forward +€2,315
up €2,315 (+133%), from €1,736 to €4,051
- Tax, wage and social debts -€1,500
down €1,500 (-42.9%), from €3,500 to €2,000
- Other debts -€595
down €595 (-64.1%), from €928 to €333
- Trade debts +€537
up €537 (+14.5%), from €3,700 to €4,237
- Depreciation -€3,777
down €3,777 (-59.7%), from €6,326 to €2,549
- Taxes -€1,851
down €1,851 (-35.5%), from €5,210 to €3,359
- Other operating charges -€946
down €946 (-61.6%), from €1,534 to €589
- Gross operating margin -€325
down €325 (-2.1%), from €15,496 to €15,171
- Financial charges -€190
down €190 (-27.6%), from €689 to €499
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 | €15,833 | €13,621 | -€2,212 | -14.0% |
| Fixed assets | 21/28 | €5,337 | €4,273 | -€1,065 | -20.0% |
| Tangible fixed assets | 22/27 | €5,337 | €4,273 | -€1,065 | -20.0% |
| Furniture and vehicles | 24 | - | €4,118 | +€4,118 | |
| Leasing and similar rights | 25 | €4,124 | - | -€4,124 | |
| Other tangible fixed assets | 26 | €1,213 | €154 | -€1,059 | -87.3% |
| Current assets | 29/58 | €10,496 | €9,349 | -€1,147 | -10.9% |
| Amounts receivable within one year | 40/41 | - | €1,123 | +€1,123 | |
| Trade receivables | 40 | - | €1,123 | +€1,123 | |
| Cash at bank and in hand | 54/58 | - | €1,878 | +€1,878 | |
| Deferred charges and accrued income | 490/1 | €10,496 | €6,349 | -€4,147 | -39.5% |
| Total equity and liabilities | 10/49 | €15,833 | €13,621 | -€2,212 | -14.0% |
| Equity | 10/15 | €4,736 | €7,051 | +€2,315 | +48.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,736 | €4,051 | +€2,315 | +133% |
| Amounts payable | 17/49 | €11,097 | €6,570 | -€4,527 | -40.8% |
| Amounts payable within one year | 42/48 | €11,097 | €6,570 | -€4,527 | -40.8% |
| Financial debts | 43 | €2,969 | - | -€2,969 | |
| Credit institutions | 430/8 | €2,969 | - | -€2,969 | |
| Trade debts | 44 | €3,700 | €4,237 | +€537 | +14.5% |
| Suppliers | 440/4 | €3,700 | €4,237 | +€537 | +14.5% |
| Taxes, remuneration and social security | 45 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Taxes | 450/3 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Other amounts payable | 47/48 | €928 | €333 | -€595 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,326 | €2,549 | -€3,777 | -59.7% |
| Other operating charges | 640/8 | €1,534 | €589 | -€946 | -61.6% |
| Non-recurring operating charges | 66A | - | €4,124 | +€4,124 | |
| Gross operating margin | 9900 | €15,496 | €15,171 | -€325 | -2.1% |
| Operating profit (loss) | 9901 | €7,635 | €7,909 | +€274 | +3.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €689 | €499 | -€190 | -27.6% |
| Recurring financial charges | 65 | €689 | €499 | -€190 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €6,946 | €7,410 | +€464 | +6.7% |
| Income taxes | 67/77 | €5,210 | €3,359 | -€1,851 | -35.5% |
| Profit (loss) for the period | 9904 | €1,736 | €4,051 | +€2,315 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €1,736 | €4,051 | +€2,315 | +133% |
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 31 October 2026 via checked.be.