Wellnovabel: 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.
Wellnovabel
Largest movements
- Cash -€56,229
down €56,229 (-54.2%), from €103,815 to €47,586
mainly Other debts (-€61,159) and Contributions, distributions and other (-€40,000)
- Receivables within one year -€6,168
down €6,168 (-45.7%), from €13,499 to €7,331
of which Other amounts receivable: -€7,775
- Other debts -€61,159
down €61,159 (-59.0%), from €103,739 to €42,580
- Trade debts -€1,702
no longer reported in 2025 (was €1,702)
- Gross operating margin -€3,863
down €3,863 (-6.3%), from €61,156 to €57,293
- Taxes -€840
down €840 (-5.5%), from €15,341 to €14,502
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 | €123,812 | €61,376 | -€62,435 | -50.4% |
| Fixed assets | 21/28 | €5,919 | €5,844 | -€75 | -1.3% |
| Tangible fixed assets | 22/27 | €5,919 | €5,844 | -€75 | -1.3% |
| Plant, machinery and equipment | 23 | €1,359 | €2,733 | +€1,374 | +101.1% |
| Furniture and vehicles | 24 | €4,560 | €3,112 | -€1,449 | -31.8% |
| Current assets | 29/58 | €117,893 | €55,532 | -€62,361 | -52.9% |
| Amounts receivable within one year | 40/41 | €13,499 | €7,331 | -€6,168 | -45.7% |
| Trade receivables | 40 | €4,129 | €5,736 | +€1,606 | +38.9% |
| Other amounts receivable | 41 | €9,370 | €1,595 | -€7,775 | -83.0% |
| Cash at bank and in hand | 54/58 | €103,815 | €47,586 | -€56,229 | -54.2% |
| Deferred charges and accrued income | 490/1 | €579 | €615 | +€36 | +6.3% |
| Total equity and liabilities | 10/49 | €123,812 | €61,376 | -€62,435 | -50.4% |
| Equity | 10/15 | €16,568 | €16,994 | +€426 | +2.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,568 | €12,994 | +€426 | +3.4% |
| Amounts payable | 17/49 | €107,244 | €44,382 | -€62,861 | -58.6% |
| Amounts payable within one year | 42/48 | €107,244 | €44,382 | -€62,861 | -58.6% |
| Trade debts | 44 | €1,702 | - | -€1,702 | |
| Suppliers | 440/4 | €1,702 | - | -€1,702 | |
| Taxes, remuneration and social security | 45 | €1,802 | €1,802 | = | 0.0% |
| Taxes | 450/3 | €1,802 | €1,802 | = | 0.0% |
| Other amounts payable | 47/48 | €103,739 | €42,580 | -€61,159 | -59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653 | €1,874 | +€222 | +13.4% |
| Other operating charges | 640/8 | €818 | €749 | -€69 | -8.5% |
| Gross operating margin | 9900 | €61,156 | €57,293 | -€3,863 | -6.3% |
| Operating profit (loss) | 9901 | €58,685 | €54,669 | -€4,015 | -6.8% |
| Financial income | 75/76B | €131 | €324 | +€193 | +147.7% |
| Recurring financial income | 75 | €131 | €324 | +€193 | +147.7% |
| Financial charges | 65/66B | €67 | €66 | -€1 | -1.8% |
| Recurring financial charges | 65 | €67 | €66 | -€1 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €58,748 | €54,928 | -€3,821 | -6.5% |
| Income taxes | 67/77 | €15,341 | €14,502 | -€840 | -5.5% |
| Profit (loss) for the period | 9904 | €43,407 | €40,426 | -€2,981 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,407 | €40,426 | -€2,981 | -6.9% |
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 9 October 2026 via checked.be.