WENIKO: 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.
WENIKO
Largest movements
- Cash -€441,501
down €441,501 (-86.6%), from €509,798 to €68,296
mainly Investment in fixed assets (net) (-€462,819) and Current investments (-€171,215)
- Tangible fixed assets +€428,698
up €428,698 (+145.2%), from €295,157 to €723,855
of which Land and buildings: +€423,759
- Current investments +€171,215
new in 2025: €171,215
- Receivables within one year +€18,731
up €18,731 (+277.3%), from €6,755 to €25,486
of which Other amounts receivable: +€18,842
- Debts after one year +€182,550
new in 2025: €182,550
- Profit (loss) carried forward -€12,301
down €12,301 (-55.9%), from -€21,997 to -€34,298
- Gross operating margin -€32,284
down €32,284 (-51.3%), from €62,969 to €30,685
- Depreciation +€20,685
up €20,685 (+153.9%), from €13,437 to €34,121
- Financial charges +€6,468
up €6,468 (+1924.4%), from €336 to €6,805
- Financial income +€1,311
up €1,311 (+87.3%), from €1,501 to €2,811
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 | €811,710 | €990,937 | +€179,227 | +22.1% |
| Fixed assets | 21/28 | €295,157 | €723,855 | +€428,698 | +145.2% |
| Tangible fixed assets | 22/27 | €295,157 | €723,855 | +€428,698 | +145.2% |
| Land and buildings | 22 | €295,157 | €718,916 | +€423,759 | +143.6% |
| Plant, machinery and equipment | 23 | - | €4,079 | +€4,079 | |
| Furniture and vehicles | 24 | - | €860 | +€860 | |
| Current assets | 29/58 | €516,553 | €267,081 | -€249,471 | -48.3% |
| Amounts receivable within one year | 40/41 | €6,755 | €25,486 | +€18,731 | +277.3% |
| Trade receivables | 40 | €111 | - | -€111 | |
| Other amounts receivable | 41 | €6,644 | €25,486 | +€18,842 | +283.6% |
| Current investments | 50/53 | - | €171,215 | +€171,215 | |
| Cash at bank and in hand | 54/58 | €509,798 | €68,296 | -€441,501 | -86.6% |
| Deferred charges and accrued income | 490/1 | - | €2,085 | +€2,085 | |
| Total equity and liabilities | 10/49 | €811,710 | €990,937 | +€179,227 | +22.1% |
| Equity | 10/15 | €809,023 | €796,722 | -€12,301 | -1.5% |
| Contributions | 10/11 | €824,000 | €824,000 | = | 0.0% |
| Reserves | 13 | €7,019 | €7,019 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,019 | €7,019 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,019 | €7,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,997 | -€34,298 | -€12,301 | -55.9% |
| Amounts payable | 17/49 | €2,687 | €194,215 | +€191,528 | +7128.1% |
| Amounts payable after more than one year | 17 | - | €182,550 | +€182,550 | |
| Financial debts | 170/4 | - | €182,550 | +€182,550 | |
| Amounts payable within one year | 42/48 | €2,687 | €11,665 | +€8,978 | +334.1% |
| Current portion of amounts payable after more than one year | 42 | €1,805 | €10,598 | +€8,793 | +487.0% |
| Trade debts | 44 | €565 | €1,067 | +€502 | +88.9% |
| Suppliers | 440/4 | €565 | €1,067 | +€502 | +88.9% |
| Taxes, remuneration and social security | 45 | €317 | - | -€317 | |
| Taxes | 450/3 | €317 | - | -€317 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,437 | €34,121 | +€20,685 | +153.9% |
| Other operating charges | 640/8 | €4,256 | €4,556 | +€301 | +7.1% |
| Gross operating margin | 9900 | €62,969 | €30,685 | -€32,284 | -51.3% |
| Operating profit (loss) | 9901 | €45,277 | -€7,992 | -€53,269 | |
| Financial income | 75/76B | €1,501 | €2,811 | +€1,311 | +87.3% |
| Recurring financial income | 75 | €1,501 | €2,811 | +€1,311 | +87.3% |
| Financial charges | 65/66B | €336 | €6,805 | +€6,468 | +1924.4% |
| Recurring financial charges | 65 | €336 | €6,805 | +€6,468 | +1924.4% |
| Profit (loss) for the period before taxes | 9903 | €46,442 | -€11,986 | -€58,427 | |
| Income taxes | 67/77 | €302 | €316 | +€14 | +4.7% |
| Profit (loss) for the period | 9904 | €46,140 | -€12,301 | -€58,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,140 | -€12,301 | -€58,441 |
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 4 October 2026 via checked.be.