WELLY Food Distribution: 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.
WELLY Food Distribution
Largest movements
- Receivables within one year +€28,395
up €28,395 (+106%), from €26,874 to €55,270
of which Trade receivables: +€23,804
- Cash -€5,103
down €5,103 (-44.3%), from €11,511 to €6,408
mainly Receivables within one year (-€28,395) and Trade debts (-€10,660)
- Tangible fixed assets +€641
up €641 (+85.8%), from €747 to €1,387
- Other debts +€19,697
up €19,697 (+226%), from €8,708 to €28,405
- Profit (loss) carried forward +€13,610
up €13,610 (+86.6%), from -€15,709 to -€2,099
- Trade debts -€10,660
down €10,660 (-25.0%), from €42,682 to €32,021
- Tax, wage and social debts +€1,282
up €1,282 (+282%), from €455 to €1,738
- Gross operating margin +€16,112
up €16,112 (+375%), from €4,301 to €20,413
- Write-downs +€4,000
new in 2025: €4,000
- Other operating charges -€3,456
down €3,456 (-94.3%), from €3,663 to €207
- Taxes +€1,738
new in 2025: €1,738
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 | €39,136 | €63,065 | +€23,929 | +61.1% |
| Fixed assets | 21/28 | €747 | €1,387 | +€641 | +85.8% |
| Tangible fixed assets | 22/27 | €747 | €1,387 | +€641 | +85.8% |
| Plant, machinery and equipment | 23 | €747 | €1,387 | +€641 | +85.8% |
| Current assets | 29/58 | €38,389 | €61,678 | +€23,288 | +60.7% |
| Amounts receivable within one year | 40/41 | €26,874 | €55,270 | +€28,395 | +106% |
| Trade receivables | 40 | €24,072 | €47,875 | +€23,804 | +98.9% |
| Other amounts receivable | 41 | €2,803 | €7,394 | +€4,591 | +164% |
| Cash at bank and in hand | 54/58 | €11,511 | €6,408 | -€5,103 | -44.3% |
| Deferred charges and accrued income | 490/1 | €4 | - | -€4 | |
| Total equity and liabilities | 10/49 | €39,136 | €63,065 | +€23,929 | +61.1% |
| Equity | 10/15 | -€12,709 | €901 | +€13,610 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,709 | -€2,099 | +€13,610 | +86.6% |
| Amounts payable | 17/49 | €51,845 | €62,164 | +€10,319 | +19.9% |
| Amounts payable within one year | 42/48 | €51,845 | €62,164 | +€10,319 | +19.9% |
| Trade debts | 44 | €42,682 | €32,021 | -€10,660 | -25.0% |
| Suppliers | 440/4 | €42,682 | €32,021 | -€10,660 | -25.0% |
| Taxes, remuneration and social security | 45 | €455 | €1,738 | +€1,282 | +282% |
| Taxes | 450/3 | €455 | €1,738 | +€1,282 | +282% |
| Other amounts payable | 47/48 | €8,708 | €28,405 | +€19,697 | +226% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €458 | +€52 | +12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,000 | +€4,000 | |
| Other operating charges | 640/8 | €3,663 | €207 | -€3,456 | -94.3% |
| Non-recurring operating charges | 66A | - | €197 | +€197 | |
| Gross operating margin | 9900 | €4,301 | €20,413 | +€16,112 | +375% |
| Operating profit (loss) | 9901 | €232 | €15,551 | +€15,319 | +6,610% |
| Financial charges | 65/66B | €212 | €203 | -€9 | -4.4% |
| Recurring financial charges | 65 | €212 | €203 | -€9 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €20 | €15,348 | +€15,328 | +78,607% |
| Income taxes | 67/77 | - | €1,738 | +€1,738 | |
| Profit (loss) for the period | 9904 | €20 | €13,610 | +€13,591 | +69,697% |
| Profit (loss) for the period to be appropriated | 9905 | €20 | €13,610 | +€13,591 | +69,697% |
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 31 October 2026 via checked.be.