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Wens Projects: 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.

What changed

Wens Projects

BE 0792.819.404
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€21,091
2024 · -€9,512-€11,579
Equity
-€26,669
2024 · -€5,577-€21,091
Cash
€1,388
2024 · €6,007-€4,619
Balance sheet total
€444,640
2024 · €415,517+€29,123

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€44,949

    up €44,949 (+11.4%), from €395,500 to €440,449

  • Receivables within one year -€9,836

    down €9,836 (-85.6%), from €11,487 to €1,650

    of which Other amounts receivable: -€6,087

  • Cash -€4,619

    down €4,619 (-76.9%), from €6,007 to €1,388

    mainly Stocks and contracts (-€44,949) and Net result for the year (-€21,091)

Equity and liabilities
  • Other debts +€47,198

    up €47,198 (+11.3%), from €417,414 to €464,612

  • Profit (loss) carried forward -€21,091

    down €21,091 (-199.4%), from -€10,577 to -€31,669

Income statement
  • Gross operating margin -€11,793

    down €11,793 (-168.4%), from -€7,004 to -€18,797

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€9,512
Gross operating margin -€11,793
Other operating charges +€56
Financial income +€16
Financial charges +€142
Result 2025 -€21,091

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4,619
Investment €0
Financing €0
Cash 2024 €6,007
Net result for the year -€21,091
Depreciation +€1,371
Stocks and contracts -€44,949
Receivables within one year +€9,836
Trade debts +€3,016
Other debts +€47,198
Cash 2025 €1,388
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €415,517 €444,640 +€29,123 +7.0%
Fixed assets 21/28 €2,524 €1,153 -€1,371 -54.3%
Tangible fixed assets 22/27 €2,524 €1,153 -€1,371 -54.3%
Furniture and vehicles 24 €2,524 €1,153 -€1,371 -54.3%
Current assets 29/58 €412,993 €443,487 +€30,494 +7.4%
Stocks and contracts in progress 3 €395,500 €440,449 +€44,949 +11.4%
Stocks 30/36 €395,500 €440,449 +€44,949 +11.4%
Amounts receivable within one year 40/41 €11,487 €1,650 -€9,836 -85.6%
Trade receivables 40 €3,749 - -€3,749
Other amounts receivable 41 €7,738 €1,650 -€6,087 -78.7%
Cash at bank and in hand 54/58 €6,007 €1,388 -€4,619 -76.9%
Total equity and liabilities 10/49 €415,517 €444,640 +€29,123 +7.0%
Equity 10/15 -€5,577 -€26,669 -€21,091 -378.2%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€10,577 -€31,669 -€21,091 -199.4%
Amounts payable 17/49 €421,094 €471,308 +€50,214 +11.9%
Amounts payable within one year 42/48 €421,094 €471,308 +€50,214 +11.9%
Trade debts 44 €3,680 €6,697 +€3,016 +82.0%
Suppliers 440/4 €3,680 €6,697 +€3,016 +82.0%
Other amounts payable 47/48 €417,414 €464,612 +€47,198 +11.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,371 €1,371 = 0.0%
Other operating charges 640/8 €905 €850 -€56 -6.1%
Gross operating margin 9900 -€7,004 -€18,797 -€11,793 -168.4%
Operating profit (loss) 9901 -€9,280 -€21,017 -€11,738 -126.5%
Financial income 75/76B €17 €33 +€16 +98.0%
Recurring financial income 75 €17 €33 +€16 +98.0%
Financial charges 65/66B €249 €107 -€142 -57.0%
Recurring financial charges 65 €249 €107 -€142 -57.0%
Profit (loss) for the period before taxes 9903 -€9,512 -€21,091 -€11,579 -121.7%
Profit (loss) for the period 9904 -€9,512 -€21,091 -€11,579 -121.7%
Profit (loss) for the period to be appropriated 9905 -€9,512 -€21,091 -€11,579 -121.7%

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 4 October 2026 via checked.be.