Wellington Fresh: what changed
What changed
Wellington Fresh
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
filed annual accounts (NBB)
Net result for the year
-€55,972
2024 · -€64,829+€8,857
Equity
-€275,486
2024 · -€219,513-€55,972
Cash
€47
2024 · €1,219-€1,172
Balance sheet total
€627,495
2024 · €692,705-€65,210
Largest movements
Assets
- Tangible fixed assets -€47,675
down €47,675 (-7.1%), from €668,557 to €620,882
of which Land and buildings: -€39,569
- Stocks and contracts -€13,993
down €13,993 (-85.2%), from €16,420 to €2,427
Equity and liabilities
- Profit (loss) carried forward -€55,972
down €55,972 (-20.8%), from -€269,513 to -€325,486
- Trade debts -€18,498
down €18,498 (-50.7%), from €36,496 to €17,998
- Debts after one year +€18,388
up €18,388 (+2.3%), from €790,573 to €808,961
of which Other amounts payable: +€29,008
- Current portion of long-term debt -€13,604
down €13,604 (-42.1%), from €32,344 to €18,740
Income statement
- Other operating charges -€23,257
down €23,257 (-99.2%), from €23,455 to €198
- Gross operating margin -€13,885
down €13,885 (-55.1%), from €25,188 to €11,303
- Financial charges +€4,053
up €4,053 (+25.3%), from €16,014 to €20,068
- Depreciation -€3,597
down €3,597 (-7.1%), from €50,607 to €47,010
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€64,829
Gross operating margin
-€13,885
Staff costs
-€44
Depreciation
+€3,597
Other operating charges
+€23,257
Financial income
-€14
Financial charges
-€4,053
Result 2025
-€55,972
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€11,962
Investment
+€2,006
Financing
+€8,783
Cash 2024
€1,219
From operations (derived)
-€11,962
Net result for the year
-€55,972
Depreciation
+€47,010
Stocks and contracts
+€13,993
Receivables within one year
+€80
Deferred charges and accrued income
+€949
Trade debts
-€18,498
Tax, wage and social debts
+€313
Accrued charges and deferred income
+€164
Investment (derived)
+€2,006
Investment in fixed assets (net)
+€2,006
Financing
+€8,783
Debts after one year
+€18,388
Current portion of long-term debt
-€13,604
Short-term financial debts
+€4,000
Cash 2025
€47
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €692,705 | €627,495 | -€65,210 | -9.4% |
| Fixed assets | 21/28 | €670,036 | €621,019 | -€49,016 | -7.3% |
| Tangible fixed assets | 22/27 | €668,557 | €620,882 | -€47,675 | -7.1% |
| Land and buildings | 22 | €641,261 | €601,692 | -€39,569 | -6.2% |
| Plant, machinery and equipment | 23 | €27,296 | €19,190 | -€8,105 | -29.7% |
| Financial fixed assets | 28 | €1,479 | €137 | -€1,342 | -90.7% |
| Current assets | 29/58 | €22,669 | €6,476 | -€16,193 | -71.4% |
| Stocks and contracts in progress | 3 | €16,420 | €2,427 | -€13,993 | -85.2% |
| Stocks | 30/36 | €16,420 | €2,427 | -€13,993 | -85.2% |
| Amounts receivable within one year | 40/41 | €1,989 | €1,909 | -€80 | -4.0% |
| Trade receivables | 40 | €780 | €1,815 | +€1,035 | +133% |
| Other amounts receivable | 41 | €1,209 | €94 | -€1,115 | -92.2% |
| Cash at bank and in hand | 54/58 | €1,219 | €47 | -€1,172 | -96.1% |
| Deferred charges and accrued income | 490/1 | €3,042 | €2,093 | -€949 | -31.2% |
| Total equity and liabilities | 10/49 | €692,705 | €627,495 | -€65,210 | -9.4% |
| Equity | 10/15 | -€219,513 | -€275,486 | -€55,972 | -25.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€269,513 | -€325,486 | -€55,972 | -20.8% |
| Amounts payable | 17/49 | €912,218 | €902,981 | -€9,238 | -1.0% |
| Amounts payable after more than one year | 17 | €790,573 | €808,961 | +€18,388 | +2.3% |
| Financial debts | 170/4 | €509,719 | €499,099 | -€10,620 | -2.1% |
| Other amounts payable | 178/9 | €280,854 | €309,862 | +€29,008 | +10.3% |
| Amounts payable within one year | 42/48 | €120,671 | €92,881 | -€27,789 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €32,344 | €18,740 | -€13,604 | -42.1% |
| Financial debts | 43 | €50,000 | €54,000 | +€4,000 | +8.0% |
| Credit institutions | 430/8 | €50,000 | €54,000 | +€4,000 | +8.0% |
| Trade debts | 44 | €36,496 | €17,998 | -€18,498 | -50.7% |
| Suppliers | 440/4 | €36,496 | €17,998 | -€18,498 | -50.7% |
| Taxes, remuneration and social security | 45 | €1,830 | €2,143 | +€313 | +17.1% |
| Taxes | 450/3 | €5 | €318 | +€313 | +5,898% |
| Remuneration and social security | 454/9 | €1,825 | €1,825 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €975 | €1,139 | +€164 | +16.8% |
| Non-recurring operating income | 76A | - | €836 | +€836 | |
| Remuneration, social security and pensions | 62 | -€44 | - | +€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,607 | €47,010 | -€3,597 | -7.1% |
| Other operating charges | 640/8 | €23,455 | €198 | -€23,257 | -99.2% |
| Gross operating margin | 9900 | €25,188 | €11,303 | -€13,885 | -55.1% |
| Operating profit (loss) | 9901 | -€48,829 | -€35,905 | +€12,924 | +26.5% |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.4% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.4% |
| Financial charges | 65/66B | €16,014 | €20,068 | +€4,053 | +25.3% |
| Recurring financial charges | 65 | €16,014 | €20,068 | +€4,053 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€64,829 | -€55,972 | +€8,857 | +13.7% |
| Profit (loss) for the period | 9904 | -€64,829 | -€55,972 | +€8,857 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,829 | -€55,972 | +€8,857 | +13.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.