WENMAR: 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.
WENMAR
Largest movements
- Receivables within one year +€13,560
up €13,560 (+152.6%), from €8,884 to €22,444
of which Other amounts receivable: +€15,360
- Tangible fixed assets -€7,868
down €7,868 (-24.2%), from €32,576 to €24,708
of which Furniture and vehicles: -€7,477
- Deferred charges and accrued income +€2,156
up €2,156 (+185.6%), from €1,162 to €3,318
- Profit (loss) carried forward +€11,938
up €11,938 (+37.3%), from €31,974 to €43,912
- Other debts -€11,382
no longer reported in 2025 (was €11,382)
- Trade debts +€5,823
up €5,823 (+631.0%), from €923 to €6,746
- Accrued charges and deferred income +€1,290
up €1,290 (+63.4%), from €2,035 to €3,325
- Gross operating margin +€30,709
up €30,709 (+55.4%), from €55,443 to €86,152
- Taxes +€7,562
up €7,562 (+84.8%), from €8,916 to €16,478
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 | €111,275 | €119,033 | +€7,758 | +7.0% |
| Fixed assets | 21/28 | €32,576 | €24,708 | -€7,868 | -24.2% |
| Tangible fixed assets | 22/27 | €32,576 | €24,708 | -€7,868 | -24.2% |
| Furniture and vehicles | 24 | €29,242 | €21,765 | -€7,477 | -25.6% |
| Other tangible fixed assets | 26 | €3,334 | €2,943 | -€391 | -11.7% |
| Current assets | 29/58 | €78,699 | €94,325 | +€15,626 | +19.9% |
| Amounts receivable within one year | 40/41 | €8,884 | €22,444 | +€13,560 | +152.6% |
| Trade receivables | 40 | €6,800 | €5,000 | -€1,800 | -26.5% |
| Other amounts receivable | 41 | €2,084 | €17,444 | +€15,360 | +737.0% |
| Cash at bank and in hand | 54/58 | €68,653 | €68,563 | -€90 | -0.1% |
| Deferred charges and accrued income | 490/1 | €1,162 | €3,318 | +€2,156 | +185.6% |
| Total equity and liabilities | 10/49 | €111,275 | €119,033 | +€7,758 | +7.0% |
| Equity | 10/15 | €32,074 | €44,012 | +€11,938 | +37.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,974 | €43,912 | +€11,938 | +37.3% |
| Amounts payable | 17/49 | €79,201 | €75,021 | -€4,180 | -5.3% |
| Amounts payable after more than one year | 17 | €47,500 | €47,500 | = | 0.0% |
| Other amounts payable | 178/9 | €47,500 | €47,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,666 | €24,196 | -€5,470 | -18.4% |
| Trade debts | 44 | €923 | €6,746 | +€5,823 | +631.0% |
| Suppliers | 440/4 | €923 | €6,746 | +€5,823 | +631.0% |
| Taxes, remuneration and social security | 45 | €17,362 | €17,450 | +€88 | +0.5% |
| Taxes | 450/3 | €14,981 | €15,069 | +€88 | +0.6% |
| Remuneration and social security | 454/9 | €2,380 | €2,380 | = | 0.0% |
| Other amounts payable | 47/48 | €11,382 | - | -€11,382 | |
| Accrued charges and deferred income | 492/3 | €2,035 | €3,325 | +€1,290 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,868 | €7,868 | = | 0.0% |
| Other operating charges | 640/8 | €797 | €705 | -€91 | -11.5% |
| Gross operating margin | 9900 | €55,443 | €86,152 | +€30,709 | +55.4% |
| Operating profit (loss) | 9901 | €46,778 | €77,579 | +€30,801 | +65.8% |
| Financial income | 75/76B | €4 | €820 | +€817 | +22015.6% |
| Recurring financial income | 75 | €4 | €820 | +€817 | +22015.6% |
| Financial charges | 65/66B | €3,057 | €3,483 | +€426 | +13.9% |
| Recurring financial charges | 65 | €3,057 | €3,483 | +€426 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €43,725 | €74,917 | +€31,192 | +71.3% |
| Income taxes | 67/77 | €8,916 | €16,478 | +€7,562 | +84.8% |
| Profit (loss) for the period | 9904 | €34,809 | €58,438 | +€23,629 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,809 | €58,438 | +€23,629 | +67.9% |
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 9 October 2026 via checked.be.