WeNap: 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.
WeNap
Largest movements
- Cash -€27,581
down €27,581 (-86.7%), from €31,829 to €4,248
mainly Advances received (-€12,807) and Net result for the year (-€11,964)
- Deferred charges and accrued income +€2,320
new in 2025: €2,320
- Stocks and contracts -€2,000
down €2,000 (-16.0%), from €12,500 to €10,500
- Intangible fixed assets +€1,989
up €1,989 (+7.5%), from €26,634 to €28,623
- Tangible fixed assets +€1,216
new in 2025: €1,216
- Trade debts +€15,399
up €15,399 (+24.1%), from €63,973 to €79,372
- Advances received -€12,807
no longer reported in 2025 (was €12,807)
- Profit (loss) carried forward -€11,964
down €11,964 (-19.5%), from -€61,411 to -€73,375
- Debts after one year -€7,062
down €7,062 (-74.4%), from €9,489 to €2,427
- Other debts -€5,821
down €5,821 (-80.4%), from €7,241 to €1,420
- Gross operating margin +€37,447
up €37,447 (+99.7%), from -€37,568 to -€121
- Financial charges -€5,293
down €5,293 (-63.7%), from €8,304 to €3,011
- Depreciation +€4,670
up €4,670 (+117.4%), from €3,977 to €8,648
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 | €118,398 | €93,406 | -€24,991 | -21.1% |
| Fixed assets | 21/28 | €26,634 | €29,839 | +€3,205 | +12.0% |
| Intangible fixed assets | 21 | €26,634 | €28,623 | +€1,989 | +7.5% |
| Tangible fixed assets | 22/27 | - | €1,216 | +€1,216 | |
| Furniture and vehicles | 24 | - | €1,216 | +€1,216 | |
| Current assets | 29/58 | €91,764 | €63,568 | -€28,196 | -30.7% |
| Stocks and contracts in progress | 3 | €12,500 | €10,500 | -€2,000 | -16.0% |
| Stocks | 30/36 | €12,500 | €10,500 | -€2,000 | -16.0% |
| Amounts receivable within one year | 40/41 | €47,435 | €46,499 | -€936 | -2.0% |
| Trade receivables | 40 | €30,549 | €33,070 | +€2,521 | +8.3% |
| Other amounts receivable | 41 | €16,886 | €13,429 | -€3,457 | -20.5% |
| Cash at bank and in hand | 54/58 | €31,829 | €4,248 | -€27,581 | -86.7% |
| Deferred charges and accrued income | 490/1 | - | €2,320 | +€2,320 | |
| Total equity and liabilities | 10/49 | €118,398 | €93,406 | -€24,991 | -21.1% |
| Equity | 10/15 | €15,089 | €3,125 | -€11,964 | -79.3% |
| Contributions | 10/11 | €76,500 | €76,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,411 | -€73,375 | -€11,964 | -19.5% |
| Amounts payable | 17/49 | €103,309 | €90,282 | -€13,027 | -12.6% |
| Amounts payable after more than one year | 17 | €9,489 | €2,427 | -€7,062 | -74.4% |
| Financial debts | 170/4 | €9,489 | €2,427 | -€7,062 | -74.4% |
| Amounts payable within one year | 42/48 | €93,820 | €87,855 | -€5,965 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €9,799 | €7,062 | -€2,737 | -27.9% |
| Trade debts | 44 | €63,973 | €79,372 | +€15,399 | +24.1% |
| Suppliers | 440/4 | €63,973 | €79,372 | +€15,399 | +24.1% |
| Advances received on contracts in progress | 46 | €12,807 | - | -€12,807 | |
| Other amounts payable | 47/48 | €7,241 | €1,420 | -€5,821 | -80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,977 | €8,648 | +€4,670 | +117.4% |
| Other operating charges | 640/8 | - | €223 | +€223 | |
| Gross operating margin | 9900 | -€37,568 | -€121 | +€37,447 | +99.7% |
| Operating profit (loss) | 9901 | -€41,545 | -€8,992 | +€32,553 | +78.4% |
| Financial income | 75/76B | €20 | €55 | +€36 | +180.2% |
| Recurring financial income | 75 | €20 | €55 | +€36 | +180.2% |
| Financial charges | 65/66B | €8,304 | €3,011 | -€5,293 | -63.7% |
| Recurring financial charges | 65 | €8,304 | €3,011 | -€5,293 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€49,829 | -€11,947 | +€37,882 | +76.0% |
| Income taxes | 67/77 | €6 | €17 | +€11 | +180.1% |
| Profit (loss) for the period | 9904 | -€49,835 | -€11,964 | +€37,871 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,835 | -€11,964 | +€37,871 | +76.0% |
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 5 October 2026 via checked.be.