WENNICK: 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.
WENNICK
Largest movements
- Cash -€52,261
down €52,261 (-92.8%), from €56,323 to €4,062
mainly Current investments (-€49,275) and Contributions, distributions and other (-€45,530)
- Current investments +€49,275
up €49,275 (+16.8%), from €292,770 to €342,045
- Tangible fixed assets -€20,242
down €20,242 (-34.9%), from €57,933 to €37,691
of which Other tangible fixed assets: -€10,403
- Receivables within one year -€16,589
down €16,589 (-12.1%), from €136,590 to €120,001
of which Trade receivables: -€9,937
- Receivables after one year -€15,137
down €15,137 (-45.0%), from €33,634 to €18,497
- Reserves -€45,530
down €45,530 (-8.9%), from €513,925 to €468,396
of which Distributable reserves: -€45,530
- Other debts -€9,289
down €9,289 (-16.9%), from €54,818 to €45,530
- Debts after one year -€7,920
down €7,920 (-92.2%), from €8,594 to €674
- Gross operating margin +€14,833
up €14,833 (+402.2%), from €3,688 to €18,521
- Financial income +€5,417
up €5,417 (+158.3%), from €3,421 to €8,839
- Depreciation +€1,842
up €1,842 (+9.4%), from €19,599 to €21,441
- Staff costs +€1,385
no longer reported in 2025 (was -€1,385)
- Other operating charges +€435
up €435 (+36.5%), from €1,192 to €1,626
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 | €603,843 | €543,860 | -€59,983 | -9.9% |
| Fixed assets | 21/28 | €65,488 | €45,246 | -€20,242 | -30.9% |
| Tangible fixed assets | 22/27 | €57,933 | €37,691 | -€20,242 | -34.9% |
| Furniture and vehicles | 24 | €33,354 | €23,515 | -€9,839 | -29.5% |
| Other tangible fixed assets | 26 | €24,579 | €14,176 | -€10,403 | -42.3% |
| Financial fixed assets | 28 | €7,555 | €7,555 | = | 0.0% |
| Current assets | 29/58 | €538,355 | €498,615 | -€39,741 | -7.4% |
| Amounts receivable after more than one year | 29 | €33,634 | €18,497 | -€15,137 | -45.0% |
| Other amounts receivable | 291 | €33,634 | €18,497 | -€15,137 | -45.0% |
| Amounts receivable within one year | 40/41 | €136,590 | €120,001 | -€16,589 | -12.1% |
| Trade receivables | 40 | €59,771 | €49,834 | -€9,937 | -16.6% |
| Other amounts receivable | 41 | €76,819 | €70,167 | -€6,652 | -8.7% |
| Current investments | 50/53 | €292,770 | €342,045 | +€49,275 | +16.8% |
| Cash at bank and in hand | 54/58 | €56,323 | €4,062 | -€52,261 | -92.8% |
| Deferred charges and accrued income | 490/1 | €19,038 | €14,010 | -€5,028 | -26.4% |
| Total equity and liabilities | 10/49 | €603,843 | €543,860 | -€59,983 | -9.9% |
| Equity | 10/15 | €526,642 | €484,038 | -€42,603 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €513,925 | €468,396 | -€45,530 | -8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €512,065 | €466,536 | -€45,530 | -8.9% |
| Profit (loss) carried forward | 14 | -€5,883 | -€2,957 | +€2,926 | +49.7% |
| Amounts payable | 17/49 | €77,202 | €59,822 | -€17,380 | -22.5% |
| Amounts payable after more than one year | 17 | €8,594 | €674 | -€7,920 | -92.2% |
| Financial debts | 170/4 | €8,594 | €674 | -€7,920 | -92.2% |
| Amounts payable within one year | 42/48 | €68,414 | €58,948 | -€9,466 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €7,616 | €7,920 | +€304 | +4.0% |
| Trade debts | 44 | €4,332 | €3,698 | -€633 | -14.6% |
| Suppliers | 440/4 | €4,332 | €3,698 | -€633 | -14.6% |
| Taxes, remuneration and social security | 45 | €1,648 | €1,800 | +€152 | +9.2% |
| Taxes | 450/3 | €1,648 | €1,800 | +€152 | +9.2% |
| Other amounts payable | 47/48 | €54,818 | €45,530 | -€9,289 | -16.9% |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.2% |
| Remuneration, social security and pensions | 62 | -€1,385 | - | +€1,385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,599 | €21,441 | +€1,842 | +9.4% |
| Other operating charges | 640/8 | €1,192 | €1,626 | +€435 | +36.5% |
| Gross operating margin | 9900 | €3,688 | €18,521 | +€14,833 | +402.2% |
| Operating profit (loss) | 9901 | -€15,718 | -€4,547 | +€11,171 | +71.1% |
| Financial income | 75/76B | €3,421 | €8,839 | +€5,417 | +158.3% |
| Recurring financial income | 75 | €3,421 | €8,839 | +€5,417 | +158.3% |
| Financial charges | 65/66B | €958 | €680 | -€278 | -29.0% |
| Recurring financial charges | 65 | €958 | €680 | -€278 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,254 | €3,612 | +€16,866 | |
| Income taxes | 67/77 | €750 | €686 | -€64 | -8.5% |
| Profit (loss) for the period | 9904 | -€14,004 | €2,926 | +€16,930 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,004 | €2,926 | +€16,930 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.