Wellington: 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.
Wellington
Largest movements
- Receivables within one year -€33,881
down €33,881 (-35.6%), from €95,162 to €61,281
of which Trade receivables: -€51,954
- Cash -€13,700
down €13,700 (-99.1%), from €13,818 to €118
mainly Other debts (-€31,427) and Net result for the year (-€19,799)
- Tangible fixed assets -€11,460
down €11,460 (-91.1%), from €12,585 to €1,125
- Financial fixed assets -€2,595
down €2,595 (-100%), from €2,595 to €0
- Other debts -€31,427
down €31,427 (-79.9%), from €39,325 to €7,898
- Profit (loss) carried forward -€19,799
down €19,799 (-81.9%), from -€24,167 to -€43,966
- Debts after one year -€11,129
down €11,129 (-36.1%), from €30,825 to €19,696
- Tax, wage and social debts +€4,454
up €4,454 (+48.6%), from €9,163 to €13,617
- Trade debts -€1,761
down €1,761 (-53.6%), from €3,286 to €1,525
- Gross operating margin -€27,922
down €27,922, from €16,498 to -€11,423
- Other operating charges -€27,715
down €27,715 (-83.5%), from €33,210 to €5,495
- Depreciation -€3,186
down €3,186 (-77.5%), from €4,112 to €926
- Financial income +€1,182
up €1,182 (+5,909,850%), from €0 to €1,182
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 | €124,805 | €63,757 | -€61,047 | -48.9% |
| Fixed assets | 21/28 | €15,825 | €1,178 | -€14,647 | -92.6% |
| Intangible fixed assets | 21 | €645 | €52 | -€592 | -91.9% |
| Tangible fixed assets | 22/27 | €12,585 | €1,125 | -€11,460 | -91.1% |
| Furniture and vehicles | 24 | €12,585 | €1,125 | -€11,460 | -91.1% |
| Financial fixed assets | 28 | €2,595 | €0 | -€2,595 | -100% |
| Current assets | 29/58 | €108,980 | €62,580 | -€46,400 | -42.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €95,162 | €61,281 | -€33,881 | -35.6% |
| Trade receivables | 40 | €51,954 | €0 | -€51,954 | -100% |
| Other amounts receivable | 41 | €43,208 | €61,281 | +€18,073 | +41.8% |
| Cash at bank and in hand | 54/58 | €13,818 | €118 | -€13,700 | -99.1% |
| Deferred charges and accrued income | 490/1 | €0 | €1,181 | +€1,181 | |
| Total equity and liabilities | 10/49 | €124,805 | €63,757 | -€61,047 | -48.9% |
| Equity | 10/15 | €29,692 | €9,892 | -€19,799 | -66.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,858 | €48,858 | = | 0.0% |
| Distributable reserves | 133 | €48,858 | €48,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,167 | -€43,966 | -€19,799 | -81.9% |
| Amounts payable | 17/49 | €95,113 | €53,865 | -€41,248 | -43.4% |
| Amounts payable after more than one year | 17 | €30,825 | €19,696 | -€11,129 | -36.1% |
| Financial debts | 170/4 | €30,825 | €19,696 | -€11,129 | -36.1% |
| Amounts payable within one year | 42/48 | €64,288 | €34,169 | -€30,119 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €12,514 | €11,129 | -€1,385 | -11.1% |
| Trade debts | 44 | €3,286 | €1,525 | -€1,761 | -53.6% |
| Suppliers | 440/4 | €3,286 | €1,525 | -€1,761 | -53.6% |
| Taxes, remuneration and social security | 45 | €9,163 | €13,617 | +€4,454 | +48.6% |
| Taxes | 450/3 | €9,163 | €13,617 | +€4,454 | +48.6% |
| Other amounts payable | 47/48 | €39,325 | €7,898 | -€31,427 | -79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,112 | €926 | -€3,186 | -77.5% |
| Other operating charges | 640/8 | €33,210 | €5,495 | -€27,715 | -83.5% |
| Gross operating margin | 9900 | €16,498 | -€11,423 | -€27,922 | |
| Operating profit (loss) | 9901 | -€20,824 | -€17,845 | +€2,980 | +14.3% |
| Financial income | 75/76B | €0 | €1,182 | +€1,182 | +5,909,850% |
| Recurring financial income | 75 | €0 | €1,182 | +€1,182 | +5,909,850% |
| Financial charges | 65/66B | €3,264 | €3,136 | -€127 | -3.9% |
| Recurring financial charges | 65 | €3,264 | €3,136 | -€127 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,088 | -€19,799 | +€4,289 | +17.8% |
| Income taxes | 67/77 | €79 | €0 | -€78 | -99.8% |
| Profit (loss) for the period | 9904 | -€24,167 | -€19,799 | +€4,367 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,167 | -€19,799 | +€4,367 | +18.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.