WELLIFT: 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.
WELLIFT
Largest movements
- Receivables within one year -€35,764
down €35,764 (-17.9%), from €200,346 to €164,583
of which Trade receivables: -€44,589
- Cash -€23,396
down €23,396 (-36.7%), from €63,684 to €40,288
mainly Trade debts (-€71,252)
- Trade debts -€71,252
down €71,252 (-36.6%), from €194,564 to €123,313
- Profit (loss) carried forward +€9,350
up €9,350 (+16.5%), from €56,791 to €66,141
- Turnover -€1.1m
no longer reported in 2023 (was €1.1m)
- Purchases and services -€1.0m
no longer reported in 2023 (was €1.0m)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,695 | €215,136 | -€60,560 | -22.0% |
| Fixed assets | 21/28 | €6,170 | €4,770 | -€1,400 | -22.7% |
| Tangible fixed assets | 22/27 | €4,900 | €3,500 | -€1,400 | -28.6% |
| Furniture and vehicles | 24 | €4,900 | €3,500 | -€1,400 | -28.6% |
| Financial fixed assets | 28 | €1,270 | €1,270 | = | 0.0% |
| Current assets | 29/58 | €269,525 | €210,366 | -€59,160 | -21.9% |
| Amounts receivable within one year | 40/41 | €200,346 | €164,583 | -€35,764 | -17.9% |
| Trade receivables | 40 | €152,819 | €108,231 | -€44,589 | -29.2% |
| Other amounts receivable | 41 | €47,527 | €56,352 | +€8,825 | +18.6% |
| Cash at bank and in hand | 54/58 | €63,684 | €40,288 | -€23,396 | -36.7% |
| Deferred charges and accrued income | 490/1 | €5,495 | €5,495 | = | 0.0% |
| Total equity and liabilities | 10/49 | €275,695 | €215,136 | -€60,560 | -22.0% |
| Equity | 10/15 | €65,991 | €75,341 | +€9,350 | +14.2% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,791 | €66,141 | +€9,350 | +16.5% |
| Amounts payable | 17/49 | €209,704 | €139,795 | -€69,909 | -33.3% |
| Amounts payable within one year | 42/48 | €209,704 | €139,795 | -€69,909 | -33.3% |
| Trade debts | 44 | €194,564 | €123,313 | -€71,252 | -36.6% |
| Suppliers | 440/4 | €194,564 | €123,313 | -€71,252 | -36.6% |
| Taxes, remuneration and social security | 45 | €15,140 | €16,482 | +€1,343 | +8.9% |
| Taxes | 450/3 | €15,140 | €16,482 | +€1,343 | +8.9% |
| Turnover | 70 | €1,053,502 | - | -€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,041,807 | - | -€1.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,313 | €1,400 | -€2,913 | -67.5% |
| Other operating charges | 640/8 | €608 | €1,345 | +€736 | +121.0% |
| Gross operating margin | 9900 | €11,695 | €14,580 | +€2,885 | +24.7% |
| Operating profit (loss) | 9901 | €6,773 | €11,836 | +€5,062 | +74.7% |
| Financial charges | 65/66B | €249 | €149 | -€100 | -40.3% |
| Recurring financial charges | 65 | €249 | €149 | -€100 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €6,524 | €11,687 | +€5,163 | +79.1% |
| Income taxes | 67/77 | €1,305 | €2,337 | +€1,033 | +79.1% |
| Profit (loss) for the period | 9904 | €5,219 | €9,350 | +€4,130 | +79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,219 | €9,350 | +€4,130 | +79.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.