WELZIJN: 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.
WELZIJN
Largest movements
- Cash +€12,424
up €12,424 (+16.2%), from €76,504 to €88,928
mainly Other debts (+€76,433) and Net result for the year (+€26,945)
- Current investments +€5,000
up €5,000 (+71.4%), from €7,000 to €12,000
- Receivables within one year +€3,709
up €3,709 (+38.1%), from €9,747 to €13,456
of which Other amounts receivable: +€5,517
- Tangible fixed assets +€3,029
up €3,029 (+139.3%), from €2,174 to €5,203
of which Furniture and vehicles: +€3,229
- Other debts +€76,433
up €76,433 (+4767.0%), from €1,603 to €78,037
- Profit (loss) carried forward -€59,724
down €59,724 (-100.0%), from €59,724 to €0
- Reserves +€11,669
up €11,669 (+627.4%), from €1,860 to €13,529
of which Distributable reserves: +€11,669
- Tax, wage and social debts -€6,125
down €6,125 (-100.0%), from €6,125 to €0
- Short-term financial debts +€1,759
up €1,759 (+24.9%), from €7,061 to €8,820
- Gross operating margin -€23,849
down €23,849 (-38.0%), from €62,767 to €38,918
- Taxes -€5,680
down €5,680 (-34.8%), from €16,308 to €10,628
- Financial income +€1,011
up €1,011 (+4526.8%), from €22 to €1,034
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 | €95,825 | €119,987 | +€24,162 | +25.2% |
| Fixed assets | 21/28 | €2,574 | €5,603 | +€3,029 | +117.6% |
| Tangible fixed assets | 22/27 | €2,174 | €5,203 | +€3,029 | +139.3% |
| Land and buildings | 22 | €850 | €650 | -€200 | -23.5% |
| Furniture and vehicles | 24 | €1,324 | €4,553 | +€3,229 | +243.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €93,251 | €114,384 | +€21,133 | +22.7% |
| Amounts receivable within one year | 40/41 | €9,747 | €13,456 | +€3,709 | +38.1% |
| Trade receivables | 40 | €9,747 | €7,939 | -€1,808 | -18.5% |
| Other amounts receivable | 41 | - | €5,517 | +€5,517 | |
| Current investments | 50/53 | €7,000 | €12,000 | +€5,000 | +71.4% |
| Cash at bank and in hand | 54/58 | €76,504 | €88,928 | +€12,424 | +16.2% |
| Total equity and liabilities | 10/49 | €95,825 | €119,987 | +€24,162 | +25.2% |
| Equity | 10/15 | €80,184 | €32,129 | -€48,055 | -59.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,529 | +€11,669 | +627.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €11,669 | +€11,669 | |
| Profit (loss) carried forward | 14 | €59,724 | €0 | -€59,724 | -100.0% |
| Amounts payable | 17/49 | €15,642 | €87,858 | +€72,216 | +461.7% |
| Amounts payable within one year | 42/48 | €15,642 | €87,858 | +€72,216 | +461.7% |
| Financial debts | 43 | €7,061 | €8,820 | +€1,759 | +24.9% |
| Credit institutions | 430/8 | €7,061 | €8,820 | +€1,759 | +24.9% |
| Trade debts | 44 | €853 | €1,001 | +€149 | +17.4% |
| Suppliers | 440/4 | €853 | €1,001 | +€149 | +17.4% |
| Taxes, remuneration and social security | 45 | €6,125 | €0 | -€6,125 | -100.0% |
| Taxes | 450/3 | €6,125 | €0 | -€6,125 | -100.0% |
| Other amounts payable | 47/48 | €1,603 | €78,037 | +€76,433 | +4767.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989 | €1,134 | +€144 | +14.6% |
| Other operating charges | 640/8 | €283 | €610 | +€326 | +115.2% |
| Gross operating margin | 9900 | €62,767 | €38,918 | -€23,849 | -38.0% |
| Operating profit (loss) | 9901 | €61,495 | €37,175 | -€24,319 | -39.5% |
| Financial income | 75/76B | €22 | €1,034 | +€1,011 | +4526.8% |
| Recurring financial income | 75 | €22 | €1,034 | +€1,011 | +4526.8% |
| Financial charges | 65/66B | €849 | €635 | -€213 | -25.1% |
| Recurring financial charges | 65 | €849 | €635 | -€213 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €60,668 | €37,574 | -€23,095 | -38.1% |
| Income taxes | 67/77 | €16,308 | €10,628 | -€5,680 | -34.8% |
| Profit (loss) for the period | 9904 | €44,360 | €26,945 | -€17,415 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,360 | €26,945 | -€17,415 | -39.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.