WELLRENO: 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.
WELLRENO
Largest movements
- Cash +€41,551
up €41,551 (+322.5%), from €12,884 to €54,435
mainly Net result for the year (+€31,127) and Trade debts (+€26,905)
- Receivables within one year +€15,579
up €15,579 (+22.2%), from €70,219 to €85,798
of which Trade receivables: +€9,378
- Tangible fixed assets +€8,745
up €8,745 (+103.2%), from €8,477 to €17,221
of which Furniture and vehicles: +€8,340
- Reserves +€31,127
up €31,127 (+60.0%), from €51,902 to €83,028
- Trade debts +€26,905
up €26,905 (+274.2%), from €9,811 to €36,716
- Tax, wage and social debts +€6,525
up €6,525 (+37.7%), from €17,294 to €23,819
- Debts after one year +€5,919
up €5,919 (+576.9%), from €1,026 to €6,945
- Current portion of long-term debt -€4,603
down €4,603 (-58.5%), from €7,866 to €3,264
- Gross operating margin +€21,291
up €21,291 (+70.9%), from €30,012 to €51,302
- Taxes +€8,469
up €8,469 (+110.3%), from €7,675 to €16,144
- Depreciation +€877
up €877 (+38.0%), from €2,306 to €3,182
- Other operating charges -€811
down €811 (-26.6%), from €3,046 to €2,235
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 | €92,534 | €158,602 | +€66,069 | +71.4% |
| Fixed assets | 21/28 | €8,477 | €17,221 | +€8,745 | +103.2% |
| Tangible fixed assets | 22/27 | €8,477 | €17,221 | +€8,745 | +103.2% |
| Plant, machinery and equipment | 23 | €509 | €913 | +€404 | +79.5% |
| Furniture and vehicles | 24 | €7,968 | €16,308 | +€8,340 | +104.7% |
| Current assets | 29/58 | €84,057 | €141,381 | +€57,324 | +68.2% |
| Amounts receivable within one year | 40/41 | €70,219 | €85,798 | +€15,579 | +22.2% |
| Trade receivables | 40 | €33,384 | €42,762 | +€9,378 | +28.1% |
| Other amounts receivable | 41 | €36,835 | €43,036 | +€6,201 | +16.8% |
| Cash at bank and in hand | 54/58 | €12,884 | €54,435 | +€41,551 | +322.5% |
| Deferred charges and accrued income | 490/1 | €954 | €1,148 | +€195 | +20.4% |
| Total equity and liabilities | 10/49 | €92,534 | €158,602 | +€66,069 | +71.4% |
| Equity | 10/15 | €56,536 | €87,663 | +€31,127 | +55.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,902 | €83,028 | +€31,127 | +60.0% |
| Distributable reserves | 133 | €51,902 | €83,028 | +€31,127 | +60.0% |
| Profit (loss) carried forward | 14 | €1,635 | €1,635 | = | 0.0% |
| Amounts payable | 17/49 | €35,998 | €70,939 | +€34,942 | +97.1% |
| Amounts payable after more than one year | 17 | €1,026 | €6,945 | +€5,919 | +576.9% |
| Financial debts | 170/4 | €1,026 | €6,945 | +€5,919 | +576.9% |
| Amounts payable within one year | 42/48 | €34,972 | €63,799 | +€28,827 | +82.4% |
| Current portion of amounts payable after more than one year | 42 | €7,866 | €3,264 | -€4,603 | -58.5% |
| Trade debts | 44 | €9,811 | €36,716 | +€26,905 | +274.2% |
| Suppliers | 440/4 | €9,811 | €36,716 | +€26,905 | +274.2% |
| Taxes, remuneration and social security | 45 | €17,294 | €23,819 | +€6,525 | +37.7% |
| Taxes | 450/3 | €17,294 | €23,819 | +€6,525 | +37.7% |
| Accrued charges and deferred income | 492/3 | - | €195 | +€195 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,306 | €3,182 | +€877 | +38.0% |
| Other operating charges | 640/8 | €3,046 | €2,235 | -€811 | -26.6% |
| Gross operating margin | 9900 | €30,012 | €51,302 | +€21,291 | +70.9% |
| Operating profit (loss) | 9901 | €24,660 | €45,886 | +€21,225 | +86.1% |
| Financial income | 75/76B | €2,326 | €2,008 | -€317 | -13.6% |
| Recurring financial income | 75 | €2,326 | €2,008 | -€317 | -13.6% |
| Financial charges | 65/66B | €830 | €623 | -€206 | -24.9% |
| Recurring financial charges | 65 | €830 | €623 | -€206 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €26,156 | €47,270 | +€21,114 | +80.7% |
| Income taxes | 67/77 | €7,675 | €16,144 | +€8,469 | +110.3% |
| Profit (loss) for the period | 9904 | €18,481 | €31,127 | +€12,645 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,481 | €31,127 | +€12,645 | +68.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.