Well Recup: 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 Recup
Largest movements
- Receivables within one year -€8,054
down €8,054 (-27.4%), from €29,397 to €21,343
of which Trade receivables: -€5,608
- Cash +€7,059
up €7,059 (+51.3%), from €13,758 to €20,817
mainly Receivables within one year (+€8,054) and Net result for the year (+€3,402)
- Deferred charges and accrued income -€2,054
down €2,054 (-99.8%), from €2,058 to €5
- Tax, wage and social debts -€3,441
down €3,441 (-62.9%), from €5,466 to €2,025
- Profit (loss) carried forward +€3,402
up €3,402 (+28.8%), from -€11,802 to -€8,400
- Trade debts -€3,010
down €3,010 (-27.7%), from €10,850 to €7,840
- Financial income +€15,000
new in 2025: €15,000
- Gross operating margin +€2,861
up €2,861 (+20.2%), from -€14,189 to -€11,328
- Financial charges -€146
down €146 (-63.5%), from €230 to €84
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 | €54,513 | €51,465 | -€3,049 | -5.6% |
| Fixed assets | 21/28 | €9,300 | €9,300 | = | 0.0% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €45,213 | €42,165 | -€3,049 | -6.7% |
| Amounts receivable within one year | 40/41 | €29,397 | €21,343 | -€8,054 | -27.4% |
| Trade receivables | 40 | €26,950 | €21,343 | -€5,608 | -20.8% |
| Other amounts receivable | 41 | €2,446 | - | -€2,446 | |
| Cash at bank and in hand | 54/58 | €13,758 | €20,817 | +€7,059 | +51.3% |
| Deferred charges and accrued income | 490/1 | €2,058 | €5 | -€2,054 | -99.8% |
| Total equity and liabilities | 10/49 | €54,513 | €51,465 | -€3,049 | -5.6% |
| Equity | 10/15 | €13,198 | €16,600 | +€3,402 | +25.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,802 | -€8,400 | +€3,402 | +28.8% |
| Amounts payable | 17/49 | €41,316 | €34,865 | -€6,451 | -15.6% |
| Amounts payable within one year | 42/48 | €41,316 | €34,865 | -€6,451 | -15.6% |
| Trade debts | 44 | €10,850 | €7,840 | -€3,010 | -27.7% |
| Suppliers | 440/4 | €10,850 | €7,840 | -€3,010 | -27.7% |
| Taxes, remuneration and social security | 45 | €5,466 | €2,025 | -€3,441 | -62.9% |
| Taxes | 450/3 | €5,466 | €2,025 | -€3,441 | -62.9% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | -€14,189 | -€11,328 | +€2,861 | +20.2% |
| Operating profit (loss) | 9901 | -€14,371 | -€11,514 | +€2,857 | +19.9% |
| Financial income | 75/76B | - | €15,000 | +€15,000 | |
| Recurring financial income | 75 | - | €15,000 | +€15,000 | |
| Financial charges | 65/66B | €230 | €84 | -€146 | -63.5% |
| Recurring financial charges | 65 | €230 | €84 | -€146 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,601 | €3,402 | +€18,003 | |
| Profit (loss) for the period | 9904 | -€14,601 | €3,402 | +€18,003 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,601 | €3,402 | +€18,003 |
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 29 October 2026 via checked.be.