Wenda: 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.
Wenda
Largest movements
- Tangible fixed assets -€15,505
down €15,505 (-11.0%), from €141,367 to €125,862
of which Land and buildings: -€13,455
- Debts after one year -€15,322
down €15,322 (-17.6%), from €87,252 to €71,930
- Other debts +€13,691
up €13,691 (+8.6%), from €158,800 to €172,491
- Profit (loss) carried forward -€13,404
down €13,404 (-4.9%), from -€270,882 to -€284,285
- Gross operating margin +€16,009
up €16,009, from -€7,908 to €8,101
- Depreciation -€10,225
down €10,225 (-39.7%), from €25,730 to €15,505
- Financial charges -€144
down €144 (-4.0%), from €3,615 to €3,471
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 | €141,502 | €125,862 | -€15,640 | -11.1% |
| Fixed assets | 21/28 | €141,367 | €125,862 | -€15,505 | -11.0% |
| Tangible fixed assets | 22/27 | €141,367 | €125,862 | -€15,505 | -11.0% |
| Land and buildings | 22 | €139,318 | €125,862 | -€13,455 | -9.7% |
| Furniture and vehicles | 24 | €2,049 | €0 | -€2,049 | -100% |
| Current assets | 29/58 | €135 | €0 | -€135 | -100% |
| Cash at bank and in hand | 54/58 | €135 | €0 | -€135 | -100% |
| Total equity and liabilities | 10/49 | €141,502 | €125,862 | -€15,640 | -11.1% |
| Equity | 10/15 | -€123,632 | -€137,036 | -€13,404 | -10.8% |
| Contributions | 10/11 | €133,863 | €133,863 | = | 0.0% |
| Capital | 10 | €133,863 | €133,863 | = | 0.0% |
| Issued capital | 100 | €133,863 | €133,863 | = | 0.0% |
| Reserves | 13 | €13,386 | €13,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,386 | €13,386 | = | 0.0% |
| Legal reserve | 130 | €13,386 | €13,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€270,882 | -€284,285 | -€13,404 | -4.9% |
| Amounts payable | 17/49 | €265,134 | €262,898 | -€2,236 | -0.8% |
| Amounts payable after more than one year | 17 | €87,252 | €71,930 | -€15,322 | -17.6% |
| Financial debts | 170/4 | €87,252 | €71,930 | -€15,322 | -17.6% |
| Amounts payable within one year | 42/48 | €177,683 | €190,798 | +€13,115 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €16,217 | €16,584 | +€367 | +2.3% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €2,382 | €1,499 | -€883 | -37.1% |
| Suppliers | 440/4 | €2,382 | €1,499 | -€883 | -37.1% |
| Taxes, remuneration and social security | 45 | €283 | €223 | -€60 | -21.2% |
| Taxes | 450/3 | €283 | €223 | -€60 | -21.2% |
| Other amounts payable | 47/48 | €158,800 | €172,491 | +€13,691 | +8.6% |
| Accrued charges and deferred income | 492/3 | €200 | €171 | -€29 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,730 | €15,505 | -€10,225 | -39.7% |
| Other operating charges | 640/8 | €2,407 | €2,414 | +€7 | +0.3% |
| Gross operating margin | 9900 | -€7,908 | €8,101 | +€16,009 | |
| Operating profit (loss) | 9901 | -€36,045 | -€9,818 | +€26,227 | +72.8% |
| Financial charges | 65/66B | €3,615 | €3,471 | -€144 | -4.0% |
| Recurring financial charges | 65 | €3,615 | €3,471 | -€144 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,660 | -€13,289 | +€26,371 | +66.5% |
| Income taxes | 67/77 | €109 | €114 | +€5 | +4.9% |
| Profit (loss) for the period | 9904 | -€39,769 | -€13,404 | +€26,366 | +66.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,769 | -€13,404 | +€26,366 | +66.3% |
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 24 October 2026 via checked.be.