WENS: 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.
WENS
Largest movements
- Tangible fixed assets -€31,057
down €31,057 (-25.5%), from €121,964 to €90,907
of which Furniture and vehicles: -€30,007
- Receivables within one year -€6,805
down €6,805 (-56.4%), from €12,076 to €5,271
of which Other amounts receivable: -€6,503
- Cash +€3,014
up €3,014 (+150.5%), from €2,003 to €5,016
mainly Other debts (+€52,858) and Depreciation (+€31,354)
- Profit (loss) carried forward -€101,661
down €101,661 (-151.4%), from -€67,146 to -€168,807
- Other debts +€52,858
up €52,858 (+186.5%), from €28,344 to €81,202
- Trade debts +€13,461
up €13,461 (+32.0%), from €42,054 to €55,514
- Gross operating margin -€89,082
down €89,082, from €20,241 to -€68,841
- Depreciation +€3,779
up €3,779 (+13.7%), from €27,575 to €31,354
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 | €137,430 | €102,090 | -€35,340 | -25.7% |
| Fixed assets | 21/28 | €122,261 | €90,907 | -€31,354 | -25.6% |
| Intangible fixed assets | 21 | €297 | - | -€297 | |
| Tangible fixed assets | 22/27 | €121,964 | €90,907 | -€31,057 | -25.5% |
| Plant, machinery and equipment | 23 | €2,958 | €1,908 | -€1,050 | -35.5% |
| Furniture and vehicles | 24 | €63,157 | €33,149 | -€30,007 | -47.5% |
| Other tangible fixed assets | 26 | €55,850 | €55,850 | = | 0.0% |
| Current assets | 29/58 | €15,169 | €11,183 | -€3,986 | -26.3% |
| Amounts receivable within one year | 40/41 | €12,076 | €5,271 | -€6,805 | -56.4% |
| Trade receivables | 40 | €325 | €23 | -€302 | -93.1% |
| Other amounts receivable | 41 | €11,751 | €5,248 | -€6,503 | -55.3% |
| Cash at bank and in hand | 54/58 | €2,003 | €5,016 | +€3,014 | +150.5% |
| Deferred charges and accrued income | 490/1 | €1,091 | €896 | -€195 | -17.9% |
| Total equity and liabilities | 10/49 | €137,430 | €102,090 | -€35,340 | -25.7% |
| Equity | 10/15 | €66,858 | -€34,803 | -€101,661 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €115,412 | €115,412 | = | 0.0% |
| Distributable reserves | 133 | €115,412 | €115,412 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,146 | -€168,807 | -€101,661 | -151.4% |
| Amounts payable | 17/49 | €70,572 | €136,893 | +€66,321 | +94.0% |
| Amounts payable within one year | 42/48 | €70,572 | €136,893 | +€66,321 | +94.0% |
| Trade debts | 44 | €42,054 | €55,514 | +€13,461 | +32.0% |
| Suppliers | 440/4 | €42,054 | €55,514 | +€13,461 | +32.0% |
| Taxes, remuneration and social security | 45 | €174 | €176 | +€2 | +1.0% |
| Taxes | 450/3 | €174 | €176 | +€2 | +1.0% |
| Other amounts payable | 47/48 | €28,344 | €81,202 | +€52,858 | +186.5% |
| Non-recurring operating income | 76A | €1,653 | - | -€1,653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,575 | €31,354 | +€3,779 | +13.7% |
| Other operating charges | 640/8 | €1,016 | €979 | -€37 | -3.7% |
| Gross operating margin | 9900 | €20,241 | -€68,841 | -€89,082 | |
| Operating profit (loss) | 9901 | -€8,350 | -€101,174 | -€92,824 | -1111.7% |
| Financial income | 75/76B | €15 | €4 | -€12 | -77.0% |
| Recurring financial income | 75 | €15 | €4 | -€12 | -77.0% |
| Financial charges | 65/66B | €266 | €314 | +€48 | +18.2% |
| Recurring financial charges | 65 | €266 | €314 | +€48 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,601 | -€101,485 | -€92,884 | -1080.0% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€8,775 | -€101,661 | -€92,886 | -1058.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,775 | -€101,661 | -€92,886 | -1058.5% |
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.