WENMAKERS: 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.
WENMAKERS
Largest movements
- Cash -€2,872
down €2,872 (-27.2%), from €10,544 to €7,673
mainly Accrued charges and deferred income (-€4,491) and Tax, wage and social debts (-€2,139)
- Tangible fixed assets +€862
new in 2025: €862
- Stocks and contracts -€425
down €425 (-100%), from €425 to €0
- Formation expenses -€400
down €400 (-80.2%), from €498 to €99
- Receivables within one year +€397
up €397 (+3.3%), from €12,166 to €12,563
of which Trade receivables: +€397
- Accrued charges and deferred income -€4,491
down €4,491 (-100%), from €4,491 to €0
- Trade debts +€2,571
up €2,571, from €0 to €2,571
- Tax, wage and social debts -€2,139
down €2,139 (-55.1%), from €3,885 to €1,746
- Other debts +€829
up €829 (+154%), from €539 to €1,368
- Reserves +€723
up €723 (+6.1%), from €11,788 to €12,511
- Gross operating margin -€5,963
down €5,963 (-71.4%), from €8,348 to €2,385
- Taxes -€1,239
down €1,239 (-83.2%), from €1,489 to €250
- Other operating charges +€301
up €301 (+58.6%), from €513 to €814
- Depreciation +€138
up €138 (+34.5%), from €400 to €538
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 | €23,702 | €21,196 | -€2,506 | -10.6% |
| Formation expenses | 20 | €498 | €99 | -€400 | -80.2% |
| Fixed assets | 21/28 | - | €862 | +€862 | |
| Tangible fixed assets | 22/27 | - | €862 | +€862 | |
| Plant, machinery and equipment | 23 | - | €862 | +€862 | |
| Current assets | 29/58 | €23,204 | €20,236 | -€2,968 | -12.8% |
| Stocks and contracts in progress | 3 | €425 | €0 | -€425 | -100% |
| Stocks | 30/36 | €425 | €0 | -€425 | -100% |
| Amounts receivable within one year | 40/41 | €12,166 | €12,563 | +€397 | +3.3% |
| Trade receivables | 40 | €12,166 | €12,563 | +€397 | +3.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,544 | €7,673 | -€2,872 | -27.2% |
| Deferred charges and accrued income | 490/1 | €69 | €0 | -€69 | -100% |
| Total equity and liabilities | 10/49 | €23,702 | €21,196 | -€2,506 | -10.6% |
| Equity | 10/15 | €14,788 | €15,511 | +€723 | +4.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,788 | €12,511 | +€723 | +6.1% |
| Distributable reserves | 133 | €11,788 | €12,511 | +€723 | +6.1% |
| Amounts payable | 17/49 | €8,914 | €5,686 | -€3,229 | -36.2% |
| Amounts payable within one year | 42/48 | €4,424 | €5,686 | +€1,262 | +28.5% |
| Trade debts | 44 | €0 | €2,571 | +€2,571 | |
| Suppliers | 440/4 | €0 | €2,571 | +€2,571 | |
| Taxes, remuneration and social security | 45 | €3,885 | €1,746 | -€2,139 | -55.1% |
| Taxes | 450/3 | €3,885 | €1,746 | -€2,139 | -55.1% |
| Other amounts payable | 47/48 | €539 | €1,368 | +€829 | +154% |
| Accrued charges and deferred income | 492/3 | €4,491 | €0 | -€4,491 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €538 | +€138 | +34.5% |
| Other operating charges | 640/8 | €513 | €814 | +€301 | +58.6% |
| Gross operating margin | 9900 | €8,348 | €2,385 | -€5,963 | -71.4% |
| Operating profit (loss) | 9901 | €7,435 | €1,033 | -€6,402 | -86.1% |
| Financial income | 75/76B | €69 | €0 | -€69 | -100% |
| Recurring financial income | 75 | €69 | €0 | -€69 | -100% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €7,445 | €973 | -€6,472 | -86.9% |
| Income taxes | 67/77 | €1,489 | €250 | -€1,239 | -83.2% |
| Profit (loss) for the period | 9904 | €5,956 | €723 | -€5,234 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,956 | €723 | -€5,234 | -87.9% |
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 30 October 2026 via checked.be.