BELGIAN WELDING TABLES: 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.
BELGIAN WELDING TABLES
Largest movements
- Cash -€12,702
down €12,702 (-59.4%), from €21,383 to €8,680
mainly Net result for the year (-€11,925) and Tax, wage and social debts (-€7,639)
- Receivables within one year -€9,698
down €9,698 (-77.6%), from €12,495 to €2,797
of which Other amounts receivable: -€6,316
- Stocks and contracts -€2,052
down €2,052 (-4.7%), from €43,432 to €41,380
- Reserves -€11,925
down €11,925 (-28.3%), from €42,181 to €30,256
- Tax, wage and social debts -€7,639
no longer reported in 2025 (was €7,639)
- Trade debts -€5,902
down €5,902 (-52.2%), from €11,317 to €5,415
- Other debts +€1,014
up €1,014 (+10.0%), from €10,173 to €11,187
- Gross operating margin -€13,025
down €13,025, from €1,294 to -€11,731
- Taxes -€245
no longer reported in 2025 (was €245)
- Other operating charges +€144
up €144 (+288%), from €50 to €194
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 | €77,310 | €52,857 | -€24,453 | -31.6% |
| Current assets | 29/58 | €77,310 | €52,857 | -€24,453 | -31.6% |
| Stocks and contracts in progress | 3 | €43,432 | €41,380 | -€2,052 | -4.7% |
| Stocks | 30/36 | €43,432 | €41,380 | -€2,052 | -4.7% |
| Amounts receivable within one year | 40/41 | €12,495 | €2,797 | -€9,698 | -77.6% |
| Trade receivables | 40 | €3,382 | - | -€3,382 | |
| Other amounts receivable | 41 | €9,113 | €2,797 | -€6,316 | -69.3% |
| Cash at bank and in hand | 54/58 | €21,383 | €8,680 | -€12,702 | -59.4% |
| Total equity and liabilities | 10/49 | €77,310 | €52,857 | -€24,453 | -31.6% |
| Equity | 10/15 | €48,181 | €36,256 | -€11,925 | -24.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €42,181 | €30,256 | -€11,925 | -28.3% |
| Distributable reserves | 133 | €42,181 | €30,256 | -€11,925 | -28.3% |
| Amounts payable | 17/49 | €29,129 | €16,601 | -€12,528 | -43.0% |
| Amounts payable within one year | 42/48 | €29,129 | €16,601 | -€12,528 | -43.0% |
| Trade debts | 44 | €11,317 | €5,415 | -€5,902 | -52.2% |
| Suppliers | 440/4 | €11,317 | €5,415 | -€5,902 | -52.2% |
| Taxes, remuneration and social security | 45 | €7,639 | - | -€7,639 | |
| Taxes | 450/3 | €7,639 | - | -€7,639 | |
| Other amounts payable | 47/48 | €10,173 | €11,187 | +€1,014 | +10.0% |
| Other operating charges | 640/8 | €50 | €194 | +€144 | +288% |
| Gross operating margin | 9900 | €1,294 | -€11,731 | -€13,025 | |
| Operating profit (loss) | 9901 | €1,244 | -€11,925 | -€13,169 | |
| Financial charges | 65/66B | €20 | - | -€20 | |
| Recurring financial charges | 65 | €20 | - | -€20 | |
| Profit (loss) for the period before taxes | 9903 | €1,224 | -€11,925 | -€13,149 | |
| Income taxes | 67/77 | €245 | - | -€245 | |
| Profit (loss) for the period | 9904 | €979 | -€11,925 | -€12,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €979 | -€11,925 | -€12,904 |
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 17 October 2026 via checked.be.