WELLDRA: 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.
WELLDRA
Largest movements
- Cash -€42,532
down €42,532 (-47.3%), from €89,860 to €47,328
mainly Contributions, distributions and other (-€89,426) and Receivables within one year (-€13,169)
- Tangible fixed assets -€30,778
down €30,778 (-34.3%), from €89,738 to €58,960
of which Furniture and vehicles: -€30,429
- Receivables within one year +€13,169
up €13,169 (+105%), from €12,500 to €25,670
of which Trade receivables: +€12,161
- Reserves -€88,347
down €88,347 (-100%), from €88,347 to €0
- Other debts +€25,821
up €25,821 (+163%), from €15,873 to €41,694
- Tax, wage and social debts +€16,785
up €16,785 (+649%), from €2,586 to €19,371
- Debts after one year -€11,614
down €11,614 (-24.3%), from €47,861 to €36,247
- Trade debts -€3,875
down €3,875 (-44.0%), from €8,809 to €4,934
- Depreciation +€26,739
up €26,739 (+662%), from €4,039 to €30,778
- Gross operating margin -€17,027
down €17,027 (-29.1%), from €58,514 to €41,487
- Taxes -€4,275
down €4,275 (-43.6%), from €9,806 to €5,530
- Other operating charges -€1,356
down €1,356 (-50.2%), from €2,704 to €1,348
- Financial charges +€988
up €988 (+56.0%), from €1,764 to €2,753
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 | €194,786 | €134,178 | -€60,607 | -31.1% |
| Fixed assets | 21/28 | €89,738 | €58,960 | -€30,778 | -34.3% |
| Tangible fixed assets | 22/27 | €89,738 | €58,960 | -€30,778 | -34.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €87,406 | €56,977 | -€30,429 | -34.8% |
| Other tangible fixed assets | 26 | €2,332 | €1,983 | -€348 | -14.9% |
| Current assets | 29/58 | €105,048 | €75,219 | -€29,829 | -28.4% |
| Amounts receivable within one year | 40/41 | €12,500 | €25,670 | +€13,169 | +105% |
| Trade receivables | 40 | €12,039 | €24,200 | +€12,161 | +101% |
| Other amounts receivable | 41 | €461 | €1,470 | +€1,009 | +219% |
| Cash at bank and in hand | 54/58 | €89,860 | €47,328 | -€42,532 | -47.3% |
| Deferred charges and accrued income | 490/1 | €2,688 | €2,221 | -€466 | -17.3% |
| Total equity and liabilities | 10/49 | €194,786 | €134,178 | -€60,607 | -31.1% |
| Equity | 10/15 | €106,947 | €18,600 | -€88,347 | -82.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,347 | €0 | -€88,347 | -100% |
| Distributable reserves | 133 | €88,347 | €0 | -€88,347 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,838 | €115,578 | +€27,740 | +31.6% |
| Amounts payable after more than one year | 17 | €47,861 | €36,247 | -€11,614 | -24.3% |
| Financial debts | 170/4 | €47,861 | €36,247 | -€11,614 | -24.3% |
| Amounts payable within one year | 42/48 | €38,489 | €77,614 | +€39,124 | +102% |
| Current portion of amounts payable after more than one year | 42 | €11,221 | €11,614 | +€393 | +3.5% |
| Trade debts | 44 | €8,809 | €4,934 | -€3,875 | -44.0% |
| Suppliers | 440/4 | €8,809 | €4,934 | -€3,875 | -44.0% |
| Taxes, remuneration and social security | 45 | €2,586 | €19,371 | +€16,785 | +649% |
| Taxes | 450/3 | €2,586 | €19,371 | +€16,785 | +649% |
| Other amounts payable | 47/48 | €15,873 | €41,694 | +€25,821 | +163% |
| Accrued charges and deferred income | 492/3 | €1,488 | €1,717 | +€229 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,039 | €30,778 | +€26,739 | +662% |
| Other operating charges | 640/8 | €2,704 | €1,348 | -€1,356 | -50.2% |
| Non-recurring operating charges | 66A | €5,907 | €0 | -€5,907 | -100% |
| Gross operating margin | 9900 | €58,514 | €41,487 | -€17,027 | -29.1% |
| Operating profit (loss) | 9901 | €45,865 | €9,362 | -€36,503 | -79.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,764 | €2,753 | +€988 | +56.0% |
| Recurring financial charges | 65 | €1,764 | €2,753 | +€988 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €44,101 | €6,609 | -€37,492 | -85.0% |
| Income taxes | 67/77 | €9,806 | €5,530 | -€4,275 | -43.6% |
| Profit (loss) for the period | 9904 | €34,295 | €1,079 | -€33,216 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,295 | €1,079 | -€33,216 | -96.9% |
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 15 October 2026 via checked.be.