Wennovate: 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.
Wennovate
Largest movements
- Tangible fixed assets +€35,387
up €35,387 (+746.2%), from €4,742 to €40,129
of which Furniture and vehicles: +€36,290
- Cash +€8,129
up €8,129 (+17.5%), from €46,449 to €54,578
mainly Other debts (+€34,068) and Net result for the year (+€28,302)
- Receivables within one year -€7,371
down €7,371 (-29.2%), from €25,217 to €17,846
of which Trade receivables: -€7,370
- Stocks and contracts +€3,714
new in 2025: €3,714
- Deferred charges and accrued income +€1,528
new in 2025: €1,528
- Other debts +€34,068
up €34,068 (+291.5%), from €11,687 to €45,756
- Debts after one year +€22,872
new in 2025: €22,872
- Reserves -€19,892
down €19,892 (-62.3%), from €31,920 to €12,028
- Trade debts -€11,287
down €11,287 (-88.7%), from €12,725 to €1,438
- Tax, wage and social debts +€7,693
up €7,693 (+51.0%), from €15,075 to €22,768
- Gross operating margin +€20,742
up €20,742 (+102.8%), from €20,167 to €40,910
- Taxes +€4,500
up €4,500 (+101.3%), from €4,442 to €8,942
- Depreciation -€1,579
down €1,579 (-44.9%), from €3,519 to €1,940
- Financial income +€452
up €452 (+1327.8%), from €34 to €486
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 | €76,408 | €117,794 | +€41,386 | +54.2% |
| Fixed assets | 21/28 | €4,742 | €40,129 | +€35,387 | +746.2% |
| Tangible fixed assets | 22/27 | €4,742 | €40,129 | +€35,387 | +746.2% |
| Plant, machinery and equipment | 23 | €904 | - | -€904 | |
| Furniture and vehicles | 24 | €3,839 | €40,129 | +€36,290 | +945.4% |
| Current assets | 29/58 | €71,666 | €77,665 | +€5,999 | +8.4% |
| Stocks and contracts in progress | 3 | - | €3,714 | +€3,714 | |
| Stocks | 30/36 | - | €3,714 | +€3,714 | |
| Amounts receivable within one year | 40/41 | €25,217 | €17,846 | -€7,371 | -29.2% |
| Trade receivables | 40 | €25,202 | €17,831 | -€7,370 | -29.2% |
| Other amounts receivable | 41 | €15 | €14 | -€1 | -6.2% |
| Cash at bank and in hand | 54/58 | €46,449 | €54,578 | +€8,129 | +17.5% |
| Deferred charges and accrued income | 490/1 | - | €1,528 | +€1,528 | |
| Total equity and liabilities | 10/49 | €76,408 | €117,794 | +€41,386 | +54.2% |
| Equity | 10/15 | €36,920 | €17,028 | -€19,892 | -53.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,920 | €12,028 | -€19,892 | -62.3% |
| Distributable reserves | 133 | €31,920 | €12,028 | -€19,892 | -62.3% |
| Amounts payable | 17/49 | €39,488 | €100,766 | +€61,278 | +155.2% |
| Amounts payable after more than one year | 17 | - | €22,872 | +€22,872 | |
| Financial debts | 170/4 | - | €22,872 | +€22,872 | |
| Amounts payable within one year | 42/48 | €39,488 | €77,090 | +€37,602 | +95.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,128 | +€7,128 | |
| Trade debts | 44 | €12,725 | €1,438 | -€11,287 | -88.7% |
| Suppliers | 440/4 | €12,725 | €1,438 | -€11,287 | -88.7% |
| Taxes, remuneration and social security | 45 | €15,075 | €22,768 | +€7,693 | +51.0% |
| Taxes | 450/3 | €15,075 | €22,768 | +€7,693 | +51.0% |
| Other amounts payable | 47/48 | €11,687 | €45,756 | +€34,068 | +291.5% |
| Accrued charges and deferred income | 492/3 | - | €804 | +€804 | |
| Non-recurring operating income | 76A | - | €423 | +€423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,519 | €1,940 | -€1,579 | -44.9% |
| Other operating charges | 640/8 | €950 | €932 | -€17 | -1.8% |
| Non-recurring operating charges | 66A | - | €1,085 | +€1,085 | |
| Gross operating margin | 9900 | €20,167 | €40,910 | +€20,742 | +102.8% |
| Operating profit (loss) | 9901 | €15,699 | €36,952 | +€21,254 | +135.4% |
| Financial income | 75/76B | €34 | €486 | +€452 | +1327.8% |
| Recurring financial income | 75 | €34 | €486 | +€452 | +1327.8% |
| Financial charges | 65/66B | €498 | €194 | -€304 | -61.1% |
| Recurring financial charges | 65 | €498 | €194 | -€304 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €15,235 | €37,244 | +€22,009 | +144.5% |
| Income taxes | 67/77 | €4,442 | €8,942 | +€4,500 | +101.3% |
| Profit (loss) for the period | 9904 | €10,793 | €28,302 | +€17,509 | +162.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,793 | €28,302 | +€17,509 | +162.2% |
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 8 October 2026 via checked.be.