Wellcare Matters: 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.
Wellcare Matters
Largest movements
- Receivables within one year -€1.7m
down €1.7m (-85.2%), from €2.0m to €300,920
of which Other amounts receivable: -€2.0m
- Financial fixed assets +€434,125
up €434,125 (+49.9%), from €869,435 to €1.3m
- Debts after one year -€1.0m
down €1.0m (-68.5%), from €1.5m to €460,490
- Current portion of long-term debt -€747,574
down €747,574 (-80.3%), from €931,267 to €183,692
- Other debts +€301,058
up €301,058 (+57.5%), from €523,502 to €824,560
- Trade debts +€119,803
up €119,803 (+60,669%), from €197 to €120,000
- Tax, wage and social debts +€35,678
up €35,678 (+115,276%), from €31 to €35,709
- Gross operating margin +€135,691
up €135,691 (+500%), from €27,138 to €162,829
- Taxes +€35,678
up €35,678 (+115,276%), from €31 to €35,709
- Financial charges -€7,127
down €7,127 (-26.3%), from €27,058 to €19,931
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 | €2,916,849 | €1,625,627 | -€1.3m | -44.3% |
| Fixed assets | 21/28 | €869,435 | €1,303,560 | +€434,125 | +49.9% |
| Financial fixed assets | 28 | €869,435 | €1,303,560 | +€434,125 | +49.9% |
| Current assets | 29/58 | €2,047,414 | €322,067 | -€1.7m | -84.3% |
| Amounts receivable within one year | 40/41 | €2,036,225 | €300,920 | -€1.7m | -85.2% |
| Trade receivables | 40 | - | €300,000 | +€300,000 | |
| Other amounts receivable | 41 | €2,036,225 | €920 | -€2.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €11,189 | €21,147 | +€9,957 | +89.0% |
| Total equity and liabilities | 10/49 | €2,916,849 | €1,625,627 | -€1.3m | -44.3% |
| Equity | 10/15 | €1,049 | €1,176 | +€127 | +12.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49 | €176 | +€127 | +256% |
| Amounts payable | 17/49 | €2,915,800 | €1,624,451 | -€1.3m | -44.3% |
| Amounts payable after more than one year | 17 | €1,460,803 | €460,490 | -€1.0m | -68.5% |
| Financial debts | 170/4 | €1,460,803 | €460,490 | -€1.0m | -68.5% |
| Amounts payable within one year | 42/48 | €1,454,997 | €1,163,961 | -€291,036 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €931,267 | €183,692 | -€747,574 | -80.3% |
| Trade debts | 44 | €197 | €120,000 | +€119,803 | +60,669% |
| Suppliers | 440/4 | €197 | €120,000 | +€119,803 | +60,669% |
| Taxes, remuneration and social security | 45 | €31 | €35,709 | +€35,678 | +115,276% |
| Taxes | 450/3 | €31 | €35,709 | +€35,678 | +115,276% |
| Other amounts payable | 47/48 | €523,502 | €824,560 | +€301,058 | +57.5% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €27,138 | €162,829 | +€135,691 | +500% |
| Operating profit (loss) | 9901 | €27,138 | €162,767 | +€135,629 | +500% |
| Financial charges | 65/66B | €27,058 | €19,931 | -€7,127 | -26.3% |
| Recurring financial charges | 65 | €27,058 | €19,931 | -€7,127 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €80 | €142,835 | +€142,755 | +177,711% |
| Income taxes | 67/77 | €31 | €35,709 | +€35,678 | +115,276% |
| Profit (loss) for the period | 9904 | €49 | €107,127 | +€107,077 | +216,843% |
| Profit (loss) for the period to be appropriated | 9905 | €49 | €107,127 | +€107,077 | +216,843% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.