WENS BERNARD: 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 BERNARD
Largest movements
- Receivables after one year +€396,500
new in 2024: €396,500
- Receivables within one year -€383,894
down €383,894 (-95.0%), from €404,078 to €20,184
of which Other amounts receivable: -€384,694
- Deferred charges and accrued income +€20,116
up €20,116 (+865%), from €2,326 to €22,442
- Cash -€14,958
down €14,958 (-98.8%), from €15,135 to €177
mainly Receivables after one year (-€396,500) and Deferred charges and accrued income (-€20,116)
- Reserves +€12,949
up €12,949 (+32.0%), from €40,411 to €53,360
of which Distributable reserves: +€12,949
- Current portion of long-term debt +€12,500
up €12,500 (+11.3%), from €110,627 to €123,127
- Tax, wage and social debts -€9,103
down €9,103 (-18.9%), from €48,248 to €39,146
- Trade debts -€8,337
down €8,337 (-14.3%), from €58,214 to €49,877
- Other debts +€5,953
up €5,953 (+15.1%), from €39,527 to €45,480
- Gross operating margin -€23,776
down €23,776 (-44.0%), from €53,977 to €30,201
- Financial charges -€12,939
down €12,939 (-55.9%), from €23,142 to €10,203
- Taxes -€3,227
down €3,227 (-32.8%), from €9,844 to €6,617
- Depreciation -€2,976
down €2,976 (-53.5%), from €5,561 to €2,585
- Other operating charges -€2,445
down €2,445 (-52.3%), from €4,671 to €2,226
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,037 | €443,610 | +€19,573 | +4.6% |
| Fixed assets | 21/28 | €2,499 | €1,514 | -€985 | -39.4% |
| Tangible fixed assets | 22/27 | €2,499 | €1,514 | -€985 | -39.4% |
| Plant, machinery and equipment | 23 | - | €1,277 | +€1,277 | |
| Furniture and vehicles | 24 | €2,499 | €238 | -€2,261 | -90.5% |
| Current assets | 29/58 | €421,538 | €442,096 | +€20,557 | +4.9% |
| Amounts receivable after more than one year | 29 | - | €396,500 | +€396,500 | |
| Other amounts receivable | 291 | - | €396,500 | +€396,500 | |
| Stocks and contracts in progress | 3 | - | €2,793 | +€2,793 | |
| Stocks | 30/36 | - | €2,793 | +€2,793 | |
| Amounts receivable within one year | 40/41 | €404,078 | €20,184 | -€383,894 | -95.0% |
| Trade receivables | 40 | €7,578 | €8,378 | +€800 | +10.6% |
| Other amounts receivable | 41 | €396,500 | €11,806 | -€384,694 | -97.0% |
| Cash at bank and in hand | 54/58 | €15,135 | €177 | -€14,958 | -98.8% |
| Deferred charges and accrued income | 490/1 | €2,326 | €22,442 | +€20,116 | +865% |
| Total equity and liabilities | 10/49 | €424,037 | €443,610 | +€19,573 | +4.6% |
| Equity | 10/15 | €137,225 | €150,175 | +€12,949 | +9.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €40,411 | €53,360 | +€12,949 | +32.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €29,932 | €42,881 | +€12,949 | +43.3% |
| Profit (loss) carried forward | 14 | €72,025 | €72,025 | = | 0.0% |
| Amounts payable | 17/49 | €286,812 | €293,435 | +€6,623 | +2.3% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €266,812 | €273,435 | +€6,623 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €110,627 | €123,127 | +€12,500 | +11.3% |
| Financial debts | 43 | €10,196 | €15,806 | +€5,610 | +55.0% |
| Credit institutions | 430/8 | €10,196 | €15,806 | +€5,610 | +55.0% |
| Trade debts | 44 | €58,214 | €49,877 | -€8,337 | -14.3% |
| Suppliers | 440/4 | €58,214 | €49,877 | -€8,337 | -14.3% |
| Taxes, remuneration and social security | 45 | €48,248 | €39,146 | -€9,103 | -18.9% |
| Taxes | 450/3 | €48,248 | €39,146 | -€9,103 | -18.9% |
| Other amounts payable | 47/48 | €39,527 | €45,480 | +€5,953 | +15.1% |
| Remuneration, social security and pensions | 62 | €2,684 | €1,196 | -€1,488 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,561 | €2,585 | -€2,976 | -53.5% |
| Other operating charges | 640/8 | €4,671 | €2,226 | -€2,445 | -52.3% |
| Non-recurring operating charges | 66A | €734 | €6,000 | +€5,266 | +717% |
| Gross operating margin | 9900 | €53,977 | €30,201 | -€23,776 | -44.0% |
| Operating profit (loss) | 9901 | €40,326 | €18,194 | -€22,132 | -54.9% |
| Financial income | 75/76B | €11,425 | €11,576 | +€150 | +1.3% |
| Recurring financial income | 75 | €11,397 | €11,576 | +€179 | +1.6% |
| Non-recurring financial income | 76B | €28 | - | -€28 | |
| Financial charges | 65/66B | €23,142 | €10,203 | -€12,939 | -55.9% |
| Recurring financial charges | 65 | €23,142 | €10,203 | -€12,939 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €28,610 | €19,566 | -€9,043 | -31.6% |
| Income taxes | 67/77 | €9,844 | €6,617 | -€3,227 | -32.8% |
| Profit (loss) for the period | 9904 | €18,766 | €12,949 | -€5,817 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,766 | €12,949 | -€5,817 | -31.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.