Wellens Consultancy: 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.
Wellens Consultancy
Largest movements
- Current investments -€97,613
down €97,613 (-100%), from €97,613 to €0
- Receivables after one year +€25,000
up €25,000 (+71.4%), from €35,000 to €60,000
- Cash +€19,502
up €19,502 (+87.0%), from €22,424 to €41,926
mainly Current investments (+€97,613) and Net result for the year (+€43,755)
- Tangible fixed assets -€4,226
down €4,226 (-2.6%), from €162,261 to €158,035
of which Land and buildings: -€3,799
- Reserves -€64,000
down €64,000 (-24.9%), from €257,500 to €193,500
- Other debts +€5,000
up €5,000 (+24.0%), from €20,833 to €25,833
- Debts after one year -€4,521
down €4,521 (-8.1%), from €55,984 to €51,463
- Tax, wage and social debts +€3,563
up €3,563 (+31.3%), from €11,395 to €14,958
- Gross operating margin -€49,417
down €49,417 (-33.6%), from €147,132 to €97,715
- Financial charges +€17,373
up €17,373 (+455%), from €3,820 to €21,193
of which Non-recurring financial charges: +€16,986
- Taxes -€16,262
down €16,262 (-36.9%), from €44,065 to €27,803
- Financial income +€3,515
up €3,515 (+1,910%), from €184 to €3,699
of which Non-recurring financial income: +€3,699
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 | €351,332 | €293,121 | -€58,211 | -16.6% |
| Fixed assets | 21/28 | €162,261 | €158,035 | -€4,226 | -2.6% |
| Tangible fixed assets | 22/27 | €162,261 | €158,035 | -€4,226 | -2.6% |
| Land and buildings | 22 | €161,408 | €157,609 | -€3,799 | -2.4% |
| Plant, machinery and equipment | 23 | €853 | €426 | -€427 | -50.1% |
| Current assets | 29/58 | €189,071 | €135,086 | -€53,985 | -28.6% |
| Amounts receivable after more than one year | 29 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Other amounts receivable | 291 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Amounts receivable within one year | 40/41 | €33,363 | €32,459 | -€904 | -2.7% |
| Trade receivables | 40 | €18,077 | €10,576 | -€7,501 | -41.5% |
| Other amounts receivable | 41 | €15,286 | €21,883 | +€6,597 | +43.2% |
| Current investments | 50/53 | €97,613 | €0 | -€97,613 | -100% |
| Cash at bank and in hand | 54/58 | €22,424 | €41,926 | +€19,502 | +87.0% |
| Deferred charges and accrued income | 490/1 | €671 | €701 | +€30 | +4.5% |
| Total equity and liabilities | 10/49 | €351,332 | €293,121 | -€58,211 | -16.6% |
| Equity | 10/15 | €258,345 | €196,267 | -€62,078 | -24.0% |
| Reserves | 13 | €257,500 | €193,500 | -€64,000 | -24.9% |
| Non-distributable reserves | 130/1 | €257,500 | €193,500 | -€64,000 | -24.9% |
| Other | 1319 | €257,500 | €193,500 | -€64,000 | -24.9% |
| Profit (loss) carried forward | 14 | €845 | €2,767 | +€1,922 | +227% |
| Amounts payable | 17/49 | €92,987 | €96,854 | +€3,867 | +4.2% |
| Amounts payable after more than one year | 17 | €55,984 | €51,463 | -€4,521 | -8.1% |
| Financial debts | 170/4 | €55,984 | €51,463 | -€4,521 | -8.1% |
| Amounts payable within one year | 42/48 | €37,003 | €45,391 | +€8,388 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €4,388 | €4,522 | +€134 | +3.1% |
| Trade debts | 44 | €387 | €78 | -€309 | -79.8% |
| Suppliers | 440/4 | €387 | €78 | -€309 | -79.8% |
| Taxes, remuneration and social security | 45 | €11,395 | €14,958 | +€3,563 | +31.3% |
| Taxes | 450/3 | €11,395 | €14,958 | +€3,563 | +31.3% |
| Other amounts payable | 47/48 | €20,833 | €25,833 | +€5,000 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,226 | €4,226 | = | 0.0% |
| Other operating charges | 640/8 | €4,095 | €4,437 | +€342 | +8.4% |
| Gross operating margin | 9900 | €147,132 | €97,715 | -€49,417 | -33.6% |
| Operating profit (loss) | 9901 | €138,811 | €89,052 | -€49,759 | -35.8% |
| Financial income | 75/76B | €184 | €3,699 | +€3,515 | +1,910% |
| Recurring financial income | 75 | €184 | €3,699 | +€3,515 | +1,910% |
| Non-recurring financial income | 76B | - | €3,699 | +€3,699 | |
| Financial charges | 65/66B | €3,820 | €21,193 | +€17,373 | +455% |
| Recurring financial charges | 65 | €2,199 | €2,586 | +€387 | +17.6% |
| Non-recurring financial charges | 66B | €1,621 | €18,607 | +€16,986 | +1,048% |
| Profit (loss) for the period before taxes | 9903 | €135,175 | €71,558 | -€63,617 | -47.1% |
| Income taxes | 67/77 | €44,065 | €27,803 | -€16,262 | -36.9% |
| Profit (loss) for the period | 9904 | €91,110 | €43,755 | -€47,355 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,110 | €43,755 | -€47,355 | -52.0% |
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 14 October 2026 via checked.be.