WENES: 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.
WENES
Largest movements
- Receivables within one year -€25,195
down €25,195 (-82.0%), from €30,731 to €5,536
of which Trade receivables: -€19,817
- Cash +€15,210
up €15,210 (+30.4%), from €50,069 to €65,279
mainly Receivables within one year (+€25,195) and Net result for the year (+€12,844)
- Trade debts -€21,486
down €21,486 (-55.1%), from €38,961 to €17,475
- Profit (loss) carried forward +€12,844
up €12,844 (+308.5%), from €4,163 to €17,007
- Other debts -€2,120
down €2,120 (-12.4%), from €17,151 to €15,032
- Gross operating margin -€17,140
down €17,140 (-50.6%), from €33,894 to €16,754
- Write-downs -€2,753
down €2,753 (-100.0%), from €2,753 to €0
- Taxes +€1,027
up €1,027 (+412.6%), from €249 to €1,275
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 | €85,254 | €74,586 | -€10,668 | -12.5% |
| Fixed assets | 21/28 | €3,544 | €3,043 | -€501 | -14.1% |
| Tangible fixed assets | 22/27 | €3,544 | €3,043 | -€501 | -14.1% |
| Plant, machinery and equipment | 23 | €3,544 | €2,361 | -€1,183 | -33.4% |
| Furniture and vehicles | 24 | - | €682 | +€682 | |
| Current assets | 29/58 | €81,710 | €71,543 | -€10,167 | -12.4% |
| Amounts receivable within one year | 40/41 | €30,731 | €5,536 | -€25,195 | -82.0% |
| Trade receivables | 40 | €25,310 | €5,494 | -€19,817 | -78.3% |
| Other amounts receivable | 41 | €5,420 | €43 | -€5,378 | -99.2% |
| Cash at bank and in hand | 54/58 | €50,069 | €65,279 | +€15,210 | +30.4% |
| Deferred charges and accrued income | 490/1 | €910 | €728 | -€182 | -20.0% |
| Total equity and liabilities | 10/49 | €85,254 | €74,586 | -€10,668 | -12.5% |
| Equity | 10/15 | €24,623 | €37,467 | +€12,844 | +52.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,163 | €17,007 | +€12,844 | +308.5% |
| Amounts payable | 17/49 | €60,631 | €37,119 | -€23,512 | -38.8% |
| Amounts payable within one year | 42/48 | €60,618 | €37,116 | -€23,502 | -38.8% |
| Trade debts | 44 | €38,961 | €17,475 | -€21,486 | -55.1% |
| Suppliers | 440/4 | €38,961 | €17,475 | -€21,486 | -55.1% |
| Taxes, remuneration and social security | 45 | €4,506 | €4,609 | +€103 | +2.3% |
| Taxes | 450/3 | €4,506 | €4,609 | +€103 | +2.3% |
| Other amounts payable | 47/48 | €17,151 | €15,032 | -€2,120 | -12.4% |
| Accrued charges and deferred income | 492/3 | €13 | €3 | -€10 | -80.0% |
| Non-recurring operating income | 76A | €3,789 | €15,496 | +€11,707 | +308.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,178 | €1,213 | +€35 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,753 | €0 | -€2,753 | -100.0% |
| Other operating charges | 640/8 | €834 | €1,160 | +€327 | +39.2% |
| Gross operating margin | 9900 | €33,894 | €16,754 | -€17,140 | -50.6% |
| Operating profit (loss) | 9901 | €29,130 | €14,381 | -€14,749 | -50.6% |
| Financial income | 75/76B | €276 | €1 | -€275 | -99.6% |
| Recurring financial income | 75 | €276 | €1 | -€275 | -99.6% |
| Financial charges | 65/66B | €319 | €262 | -€56 | -17.6% |
| Recurring financial charges | 65 | €319 | €262 | -€56 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €29,087 | €14,120 | -€14,968 | -51.5% |
| Income taxes | 67/77 | €249 | €1,275 | +€1,027 | +412.6% |
| Profit (loss) for the period | 9904 | €28,838 | €12,844 | -€15,994 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,838 | €12,844 | -€15,994 | -55.5% |
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 11 October 2026 via checked.be.