WENTER: 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.
WENTER
Largest movements
- Cash -€29,403
down €29,403 (-35.2%), from €83,595 to €54,193
mainly Contributions, distributions and other (-€60,000) and Other debts (-€11,509)
- Tangible fixed assets -€20,052
down €20,052 (-21.6%), from €92,892 to €72,840
of which Furniture and vehicles: -€19,627
- Deferred charges and accrued income +€2,448
up €2,448 (+131%), from €1,868 to €4,316
- Contributions -€60,000
down €60,000 (-92.3%), from €65,000 to €5,000
- Reserves +€26,904
up €26,904 (+37.1%), from €72,602 to €99,506
- Other debts -€11,509
down €11,509 (-52.2%), from €22,049 to €10,540
- Tax, wage and social debts -€4,739
down €4,739 (-29.7%), from €15,968 to €11,229
of which Taxes: -€4,739
- Depreciation +€15,323
up €15,323 (+324%), from €4,729 to €20,052
- Taxes -€5,974
down €5,974 (-32.3%), from €18,475 to €12,501
- Gross operating margin -€3,631
down €3,631 (-5.6%), from €65,275 to €61,644
- Other operating charges +€932
up €932 (+77.2%), from €1,208 to €2,140
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.
Derived cash bridge
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 | €180,063 | €131,662 | -€48,401 | -26.9% |
| Fixed assets | 21/28 | €92,892 | €72,840 | -€20,052 | -21.6% |
| Tangible fixed assets | 22/27 | €92,892 | €72,840 | -€20,052 | -21.6% |
| Plant, machinery and equipment | 23 | €567 | €142 | -€425 | -75.0% |
| Furniture and vehicles | 24 | €92,326 | €72,699 | -€19,627 | -21.3% |
| Current assets | 29/58 | €87,171 | €58,821 | -€28,349 | -32.5% |
| Amounts receivable within one year | 40/41 | €1,707 | €313 | -€1,395 | -81.7% |
| Other amounts receivable | 41 | €1,707 | €313 | -€1,395 | -81.7% |
| Cash at bank and in hand | 54/58 | €83,595 | €54,193 | -€29,403 | -35.2% |
| Deferred charges and accrued income | 490/1 | €1,868 | €4,316 | +€2,448 | +131% |
| Total equity and liabilities | 10/49 | €180,063 | €131,662 | -€48,401 | -26.9% |
| Equity | 10/15 | €137,602 | €104,506 | -€33,096 | -24.1% |
| Contributions | 10/11 | €65,000 | €5,000 | -€60,000 | -92.3% |
| Reserves | 13 | €72,602 | €99,506 | +€26,904 | +37.1% |
| Distributable reserves | 133 | €72,602 | €99,506 | +€26,904 | +37.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,461 | €27,155 | -€15,305 | -36.0% |
| Amounts payable within one year | 42/48 | €41,832 | €27,155 | -€14,676 | -35.1% |
| Financial debts | 43 | €0 | €227 | +€227 | |
| Credit institutions | 430/8 | €0 | €227 | +€227 | |
| Trade debts | 44 | €3,815 | €5,160 | +€1,345 | +35.3% |
| Suppliers | 440/4 | €3,815 | €5,160 | +€1,345 | +35.3% |
| Taxes, remuneration and social security | 45 | €15,968 | €11,229 | -€4,739 | -29.7% |
| Taxes | 450/3 | €13,101 | €8,362 | -€4,739 | -36.2% |
| Remuneration and social security | 454/9 | €2,867 | €2,867 | = | 0.0% |
| Other amounts payable | 47/48 | €22,049 | €10,540 | -€11,509 | -52.2% |
| Accrued charges and deferred income | 492/3 | €629 | €0 | -€629 | -100% |
| Non-recurring operating income | 76A | €7,475 | €0 | -€7,475 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,729 | €20,052 | +€15,323 | +324% |
| Other operating charges | 640/8 | €1,208 | €2,140 | +€932 | +77.2% |
| Gross operating margin | 9900 | €65,275 | €61,644 | -€3,631 | -5.6% |
| Operating profit (loss) | 9901 | €59,338 | €39,452 | -€19,886 | -33.5% |
| Financial income | 75/76B | €254 | €164 | -€90 | -35.3% |
| Recurring financial income | 75 | €254 | €164 | -€90 | -35.3% |
| Financial charges | 65/66B | €299 | €211 | -€88 | -29.5% |
| Recurring financial charges | 65 | €299 | €211 | -€88 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €59,293 | €39,406 | -€19,888 | -33.5% |
| Income taxes | 67/77 | €18,475 | €12,501 | -€5,974 | -32.3% |
| Profit (loss) for the period | 9904 | €40,818 | €26,904 | -€13,914 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,818 | €26,904 | -€13,914 | -34.1% |
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 13 October 2026 via checked.be.