WELL CLEANING OPERATIONS: 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.
WELL CLEANING OPERATIONS
Largest movements
- Receivables after one year -€55,312
down €55,312 (-50.3%), from €110,000 to €54,688
- Cash +€51,643
up €51,643 (+51.1%), from €101,074 to €152,718
mainly Net result for the year (+€92,971) and Receivables after one year (+€55,312)
- Tangible fixed assets -€26,829
down €26,829 (-32.7%), from €82,088 to €55,259
of which Furniture and vehicles: -€18,255
- Current investments +€8,813
new in 2025: €8,813
- Deferred charges and accrued income +€6,334
up €6,334 (+20.7%), from €30,581 to €36,914
- Reserves -€49,850
down €49,850 (-15.8%), from €315,150 to €265,300
- Other debts +€21,788
up €21,788 (+374%), from €5,824 to €27,612
- Tax, wage and social debts +€14,104
up €14,104 (+87.6%), from €16,095 to €30,199
of which Remuneration and social security: +€7,262
- Accrued charges and deferred income +€3,576
new in 2025: €3,576
- Gross operating margin +€59,136
up €59,136 (+20.5%), from €288,815 to €347,951
- Staff costs +€32,504
up €32,504 (+19.4%), from €167,343 to €199,847
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 | €348,542 | €337,834 | -€10,707 | -3.1% |
| Fixed assets | 21/28 | €83,017 | €55,531 | -€27,486 | -33.1% |
| Intangible fixed assets | 21 | €930 | €272 | -€657 | -70.7% |
| Tangible fixed assets | 22/27 | €82,088 | €55,259 | -€26,829 | -32.7% |
| Land and buildings | 22 | €8,229 | €3,291 | -€4,937 | -60.0% |
| Plant, machinery and equipment | 23 | €9,015 | €6,434 | -€2,581 | -28.6% |
| Furniture and vehicles | 24 | €61,872 | €43,617 | -€18,255 | -29.5% |
| Other tangible fixed assets | 26 | €2,972 | €1,916 | -€1,056 | -35.5% |
| Current assets | 29/58 | €265,524 | €282,304 | +€16,779 | +6.3% |
| Amounts receivable after more than one year | 29 | €110,000 | €54,688 | -€55,312 | -50.3% |
| Other amounts receivable | 291 | €110,000 | €54,688 | -€55,312 | -50.3% |
| Amounts receivable within one year | 40/41 | €23,870 | €29,171 | +€5,302 | +22.2% |
| Trade receivables | 40 | €23,870 | €29,171 | +€5,302 | +22.2% |
| Current investments | 50/53 | - | €8,813 | +€8,813 | |
| Cash at bank and in hand | 54/58 | €101,074 | €152,718 | +€51,643 | +51.1% |
| Deferred charges and accrued income | 490/1 | €30,581 | €36,914 | +€6,334 | +20.7% |
| Total equity and liabilities | 10/49 | €348,542 | €337,834 | -€10,707 | -3.1% |
| Equity | 10/15 | €318,972 | €268,192 | -€50,779 | -15.9% |
| Contributions | 10/11 | €2,550 | €2,550 | = | 0.0% |
| Reserves | 13 | €315,150 | €265,300 | -€49,850 | -15.8% |
| Distributable reserves | 133 | €315,150 | €265,300 | -€49,850 | -15.8% |
| Profit (loss) carried forward | 14 | €1,272 | €342 | -€929 | -73.1% |
| Amounts payable | 17/49 | €29,570 | €69,642 | +€40,072 | +136% |
| Amounts payable within one year | 42/48 | €29,570 | €66,066 | +€36,496 | +123% |
| Financial debts | 43 | €172 | €277 | +€104 | +60.5% |
| Credit institutions | 430/8 | €172 | €277 | +€104 | +60.5% |
| Trade debts | 44 | €7,479 | €7,979 | +€500 | +6.7% |
| Suppliers | 440/4 | €7,479 | €7,979 | +€500 | +6.7% |
| Taxes, remuneration and social security | 45 | €16,095 | €30,199 | +€14,104 | +87.6% |
| Taxes | 450/3 | €6,444 | €13,287 | +€6,843 | +106% |
| Remuneration and social security | 454/9 | €9,650 | €16,912 | +€7,262 | +75.2% |
| Other amounts payable | 47/48 | €5,824 | €27,612 | +€21,788 | +374% |
| Accrued charges and deferred income | 492/3 | - | €3,576 | +€3,576 | |
| Remuneration, social security and pensions | 62 | €167,343 | €199,847 | +€32,504 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,186 | €27,486 | +€1,300 | +5.0% |
| Other operating charges | 640/8 | €2,314 | €2,693 | +€379 | +16.4% |
| Gross operating margin | 9900 | €288,815 | €347,951 | +€59,136 | +20.5% |
| Operating profit (loss) | 9901 | €92,972 | €117,924 | +€24,952 | +26.8% |
| Financial income | 75/76B | €6,447 | €3,495 | -€2,952 | -45.8% |
| Recurring financial income | 75 | €6,447 | €3,495 | -€2,952 | -45.8% |
| Financial charges | 65/66B | €423 | €310 | -€113 | -26.7% |
| Recurring financial charges | 65 | €423 | €310 | -€113 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €98,996 | €121,109 | +€22,113 | +22.3% |
| Income taxes | 67/77 | €27,534 | €28,138 | +€604 | +2.2% |
| Profit (loss) for the period | 9904 | €71,462 | €92,971 | +€21,509 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,462 | €92,971 | +€21,509 | +30.1% |
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 22 October 2026 via checked.be.