WELL-PACK: what changed
Two fiscal 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-PACK
Largest movements
- Cash +€3,789
up €3,789 (+5.8%), from €64,866 to €68,656
mainly Net result for the year (+€5,755) and Trade debts (+€3,520)
- Tangible fixed assets +€2,605
up €2,605 (+29.5%), from €8,821 to €11,426
of which Furniture and vehicles: +€4,928
- Reserves +€5,755
up €5,755 (+13.4%), from €43,018 to €48,773
- Other debts -€3,850
down €3,850 (-15.3%), from €25,242 to €21,392
- Trade debts +€3,520
up €3,520 (+421.0%), from €836 to €4,356
- Gross operating margin -€21,772
down €21,772 (-49.0%), from €44,447 to €22,676
- Depreciation -€8,462
down €8,462 (-72.7%), from €11,642 to €3,180
- Taxes -€4,485
down €4,485 (-33.8%), from €13,285 to €8,800
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 | €102,803 | €108,975 | +€6,172 | +6.0% |
| Fixed assets | 21/28 | €8,821 | €11,426 | +€2,605 | +29.5% |
| Tangible fixed assets | 22/27 | €8,821 | €11,426 | +€2,605 | +29.5% |
| Land and buildings | 22 | €6,586 | €4,843 | -€1,743 | -26.5% |
| Plant, machinery and equipment | 23 | €1,345 | €765 | -€580 | -43.1% |
| Furniture and vehicles | 24 | €890 | €5,818 | +€4,928 | +554.0% |
| Current assets | 29/58 | €93,982 | €97,549 | +€3,567 | +3.8% |
| Amounts receivable within one year | 40/41 | €26,255 | €25,721 | -€534 | -2.0% |
| Trade receivables | 40 | €23,186 | €22,372 | -€813 | -3.5% |
| Other amounts receivable | 41 | €3,069 | €3,348 | +€279 | +9.1% |
| Cash at bank and in hand | 54/58 | €64,866 | €68,656 | +€3,789 | +5.8% |
| Deferred charges and accrued income | 490/1 | €2,861 | €3,173 | +€312 | +10.9% |
| Total equity and liabilities | 10/49 | €102,803 | €108,975 | +€6,172 | +6.0% |
| Equity | 10/15 | €61,618 | €67,373 | +€5,755 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,018 | €48,773 | +€5,755 | +13.4% |
| Distributable reserves | 133 | €43,018 | €48,773 | +€5,755 | +13.4% |
| Amounts payable | 17/49 | €41,185 | €41,602 | +€417 | +1.0% |
| Amounts payable within one year | 42/48 | €39,054 | €40,074 | +€1,020 | +2.6% |
| Financial debts | 43 | - | €1,010 | +€1,010 | |
| Credit institutions | 430/8 | - | €1,010 | +€1,010 | |
| Trade debts | 44 | €836 | €4,356 | +€3,520 | +421.0% |
| Suppliers | 440/4 | €836 | €4,356 | +€3,520 | +421.0% |
| Taxes, remuneration and social security | 45 | €12,976 | €13,316 | +€340 | +2.6% |
| Taxes | 450/3 | €9,476 | €13,316 | +€3,840 | +40.5% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Other amounts payable | 47/48 | €25,242 | €21,392 | -€3,850 | -15.3% |
| Accrued charges and deferred income | 492/3 | €2,131 | €1,529 | -€603 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,642 | €3,180 | -€8,462 | -72.7% |
| Other operating charges | 640/8 | €2,155 | €1,958 | -€197 | -9.2% |
| Gross operating margin | 9900 | €44,447 | €22,676 | -€21,772 | -49.0% |
| Operating profit (loss) | 9901 | €30,650 | €17,538 | -€13,112 | -42.8% |
| Financial income | 75/76B | €0 | €26 | +€26 | +264800.0% |
| Recurring financial income | 75 | €0 | €26 | +€26 | +264800.0% |
| Financial charges | 65/66B | €2,952 | €3,010 | +€57 | +1.9% |
| Recurring financial charges | 65 | €2,952 | €3,010 | +€57 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €27,697 | €14,554 | -€13,143 | -47.5% |
| Income taxes | 67/77 | €13,285 | €8,800 | -€4,485 | -33.8% |
| Profit (loss) for the period | 9904 | €14,412 | €5,755 | -€8,658 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,412 | €5,755 | -€8,658 | -60.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.