WELLSOL: 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.
WELLSOL
Largest movements
- Stocks and contracts -€13,207
no longer reported in 2025 (was €13,207)
- Cash +€3,249
new in 2025: €3,249
mainly Stocks and contracts (+€13,207) and Net result for the year (+€6,051)
- Tangible fixed assets +€2,392
up €2,392 (+187%), from €1,277 to €3,669
- Short-term financial debts -€14,228
no longer reported in 2025 (was €14,228)
- Profit (loss) carried forward +€6,051
up €6,051 (+28.5%), from -€21,227 to -€15,176
- Other debts -€2,693
down €2,693 (-17.6%), from €15,312 to €12,619
- Tax, wage and social debts +€2,027
up €2,027 (+1,398%), from €145 to €2,172
- Trade debts +€1,224
up €1,224 (+33.5%), from €3,658 to €4,882
- Other operating charges -€8,883
down €8,883 (-95.8%), from €9,270 to €387
- Gross operating margin -€6,382
down €6,382 (-33.1%), from €19,282 to €12,900
- Financial charges -€2,328
down €2,328 (-55.8%), from €4,173 to €1,845
- Taxes +€2,172
new in 2025: €2,172
- Depreciation +€1,373
up €1,373 (+128%), from €1,072 to €2,445
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 | €24,462 | €16,842 | -€7,620 | -31.1% |
| Fixed assets | 21/28 | €3,175 | €5,567 | +€2,392 | +75.3% |
| Tangible fixed assets | 22/27 | €1,277 | €3,669 | +€2,392 | +187% |
| Furniture and vehicles | 24 | €1,277 | €3,669 | +€2,392 | +187% |
| Financial fixed assets | 28 | €1,898 | €1,898 | = | 0.0% |
| Current assets | 29/58 | €21,286 | €11,275 | -€10,012 | -47.0% |
| Stocks and contracts in progress | 3 | €13,207 | - | -€13,207 | |
| Stocks | 30/36 | €13,207 | - | -€13,207 | |
| Amounts receivable within one year | 40/41 | €5,747 | €5,906 | +€158 | +2.8% |
| Trade receivables | 40 | €4,150 | €4,163 | +€13 | +0.3% |
| Other amounts receivable | 41 | €1,597 | €1,742 | +€145 | +9.1% |
| Cash at bank and in hand | 54/58 | - | €3,249 | +€3,249 | |
| Deferred charges and accrued income | 490/1 | €2,333 | €2,120 | -€212 | -9.1% |
| Total equity and liabilities | 10/49 | €24,462 | €16,842 | -€7,620 | -31.1% |
| Equity | 10/15 | -€8,882 | -€2,831 | +€6,051 | +68.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,345 | €10,345 | = | 0.0% |
| Distributable reserves | 133 | €10,345 | €10,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,227 | -€15,176 | +€6,051 | +28.5% |
| Amounts payable | 17/49 | €33,343 | €19,673 | -€13,670 | -41.0% |
| Amounts payable within one year | 42/48 | €33,343 | €19,673 | -€13,670 | -41.0% |
| Financial debts | 43 | €14,228 | - | -€14,228 | |
| Credit institutions | 430/8 | €14,228 | - | -€14,228 | |
| Trade debts | 44 | €3,658 | €4,882 | +€1,224 | +33.5% |
| Suppliers | 440/4 | €3,658 | €4,882 | +€1,224 | +33.5% |
| Taxes, remuneration and social security | 45 | €145 | €2,172 | +€2,027 | +1,398% |
| Taxes | 450/3 | €145 | €2,172 | +€2,027 | +1,398% |
| Other amounts payable | 47/48 | €15,312 | €12,619 | -€2,693 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,072 | €2,445 | +€1,373 | +128% |
| Other operating charges | 640/8 | €9,270 | €387 | -€8,883 | -95.8% |
| Gross operating margin | 9900 | €19,282 | €12,900 | -€6,382 | -33.1% |
| Operating profit (loss) | 9901 | €8,940 | €10,068 | +€1,128 | +12.6% |
| Financial charges | 65/66B | €4,173 | €1,845 | -€2,328 | -55.8% |
| Recurring financial charges | 65 | €4,173 | €1,845 | -€2,328 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | €4,767 | €8,222 | +€3,456 | +72.5% |
| Income taxes | 67/77 | - | €2,172 | +€2,172 | |
| Profit (loss) for the period | 9904 | €4,767 | €6,051 | +€1,284 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,767 | €6,051 | +€1,284 | +26.9% |
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 14 October 2026 via checked.be.