WELLIMMO: 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.
WELLIMMO
Largest movements
- Receivables within one year +€71,264
up €71,264 (+142.7%), from €49,938 to €121,203
of which Other amounts receivable: +€45,314
- Tangible fixed assets +€64,540
up €64,540 (+19.1%), from €338,483 to €403,023
of which Other tangible fixed assets: +€87,680
- Cash +€53,460
up €53,460 (+18.9%), from €282,151 to €335,611
mainly Net result for the year (+€241,521) and Depreciation (+€50,675)
- Reserves +€240,000
up €240,000 (+51.7%), from €463,855 to €703,855
of which Distributable reserves: +€240,000
- Trade debts -€41,515
down €41,515 (-88.5%), from €46,893 to €5,378
- Debts after one year -€9,507
down €9,507 (-9.1%), from €104,797 to €95,290
- Gross operating margin +€142,156
up €142,156 (+53.0%), from €268,219 to €410,375
- Taxes +€37,448
up €37,448 (+53.1%), from €70,534 to €107,983
- Depreciation +€14,048
up €14,048 (+38.4%), from €36,627 to €50,675
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.
Cash bridge derived
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 | €683,004 | €871,369 | +€188,365 | +27.6% |
| Fixed assets | 21/28 | €340,202 | €406,732 | +€66,530 | +19.6% |
| Intangible fixed assets | 21 | €1,545 | €535 | -€1,010 | -65.4% |
| Tangible fixed assets | 22/27 | €338,483 | €403,023 | +€64,540 | +19.1% |
| Land and buildings | 22 | €231,553 | €209,192 | -€22,361 | -9.7% |
| Furniture and vehicles | 24 | €4,772 | €3,994 | -€778 | -16.3% |
| Other tangible fixed assets | 26 | €102,157 | €189,837 | +€87,680 | +85.8% |
| Financial fixed assets | 28 | €174 | €3,174 | +€3,000 | +1723.7% |
| Current assets | 29/58 | €342,802 | €464,636 | +€121,834 | +35.5% |
| Amounts receivable within one year | 40/41 | €49,938 | €121,203 | +€71,264 | +142.7% |
| Trade receivables | 40 | €31,992 | €57,943 | +€25,951 | +81.1% |
| Other amounts receivable | 41 | €17,946 | €63,260 | +€45,314 | +252.5% |
| Cash at bank and in hand | 54/58 | €282,151 | €335,611 | +€53,460 | +18.9% |
| Deferred charges and accrued income | 490/1 | €10,713 | €7,823 | -€2,890 | -27.0% |
| Total equity and liabilities | 10/49 | €683,004 | €871,369 | +€188,365 | +27.6% |
| Equity | 10/15 | €491,921 | €733,441 | +€241,521 | +49.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €463,855 | €703,855 | +€240,000 | +51.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €462,000 | €702,000 | +€240,000 | +51.9% |
| Profit (loss) carried forward | 14 | €9,474 | €10,994 | +€1,521 | +16.0% |
| Amounts payable | 17/49 | €191,083 | €137,927 | -€53,156 | -27.8% |
| Amounts payable after more than one year | 17 | €104,797 | €95,290 | -€9,507 | -9.1% |
| Financial debts | 170/4 | €104,797 | €95,290 | -€9,507 | -9.1% |
| Amounts payable within one year | 42/48 | €86,286 | €42,637 | -€43,649 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | €9,361 | €9,507 | +€146 | +1.6% |
| Trade debts | 44 | €46,893 | €5,378 | -€41,515 | -88.5% |
| Suppliers | 440/4 | €46,893 | €5,378 | -€41,515 | -88.5% |
| Taxes, remuneration and social security | 45 | €23,616 | €24,212 | +€596 | +2.5% |
| Taxes | 450/3 | €23,616 | €24,212 | +€596 | +2.5% |
| Other amounts payable | 47/48 | €6,416 | €3,540 | -€2,876 | -44.8% |
| Remuneration, social security and pensions | 62 | €237 | €3,229 | +€2,992 | +1262.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,627 | €50,675 | +€14,048 | +38.4% |
| Other operating charges | 640/8 | €2,603 | €2,605 | +€1 | +0.1% |
| Non-recurring operating charges | 66A | - | €3,184 | +€3,184 | |
| Gross operating margin | 9900 | €268,219 | €410,375 | +€142,156 | +53.0% |
| Operating profit (loss) | 9901 | €228,751 | €350,683 | +€121,931 | +53.3% |
| Financial income | 75/76B | €303 | €819 | +€516 | +170.1% |
| Recurring financial income | 75 | €303 | €819 | +€516 | +170.1% |
| Financial charges | 65/66B | €2,116 | €1,999 | -€117 | -5.5% |
| Recurring financial charges | 65 | €2,116 | €1,999 | -€117 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €226,939 | €349,503 | +€122,564 | +54.0% |
| Income taxes | 67/77 | €70,534 | €107,983 | +€37,448 | +53.1% |
| Profit (loss) for the period | 9904 | €156,405 | €241,521 | +€85,116 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €156,405 | €241,521 | +€85,116 | +54.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.