H.WEVERS: 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.
H.WEVERS
Largest movements
- Receivables after one year +€241,718
up €241,718 (+28.2%), from €858,326 to €1.1m
of which Trade receivables: +€259,218
- Tangible fixed assets +€129,781
up €129,781 (+45.5%), from €284,988 to €414,769
of which Land and buildings: +€91,443
- Receivables within one year -€46,748
no longer reported in 2025 (was €46,748)
of which Other amounts receivable: -€42,678
- Financial fixed assets +€28,600
up €28,600 (+1,116%), from €2,562 to €31,162
- Reserves +€227,147
up €227,147 (+18.7%), from €1.2m to €1.4m
- Other debts +€105,701
new in 2025: €105,701
- Tax, wage and social debts +€16,547
up €16,547 (+71.9%), from €23,023 to €39,569
- Depreciation +€12,662
up €12,662 (+64.5%), from €19,641 to €32,303
- Financial income +€8,704
up €8,704 (+26.6%), from €32,743 to €41,447
- Taxes -€7,073
down €7,073 (-5.3%), from €132,546 to €125,474
- Financial charges +€5,683
up €5,683 (+310%), from €1,834 to €7,517
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 | €1,259,945 | €1,603,137 | +€343,192 | +27.2% |
| Fixed assets | 21/28 | €287,550 | €445,931 | +€158,381 | +55.1% |
| Tangible fixed assets | 22/27 | €284,988 | €414,769 | +€129,781 | +45.5% |
| Land and buildings | 22 | €251,135 | €342,578 | +€91,443 | +36.4% |
| Plant, machinery and equipment | 23 | €7,780 | €7,755 | -€25 | -0.3% |
| Furniture and vehicles | 24 | €7,380 | €48,510 | +€41,131 | +557% |
| Other tangible fixed assets | 26 | €18,693 | €15,925 | -€2,768 | -14.8% |
| Financial fixed assets | 28 | €2,562 | €31,162 | +€28,600 | +1,116% |
| Current assets | 29/58 | €972,396 | €1,157,206 | +€184,811 | +19.0% |
| Amounts receivable after more than one year | 29 | €858,326 | €1,100,044 | +€241,718 | +28.2% |
| Trade receivables | 290 | €840,826 | €1,100,044 | +€259,218 | +30.8% |
| Other amounts receivable | 291 | €17,500 | - | -€17,500 | |
| Amounts receivable within one year | 40/41 | €46,748 | - | -€46,748 | |
| Trade receivables | 40 | €4,070 | - | -€4,070 | |
| Other amounts receivable | 41 | €42,678 | - | -€42,678 | |
| Current investments | 50/53 | €6,571 | €1,514 | -€5,057 | -77.0% |
| Cash at bank and in hand | 54/58 | €51,266 | €46,208 | -€5,057 | -9.9% |
| Deferred charges and accrued income | 490/1 | €9,485 | €9,440 | -€45 | -0.5% |
| Total equity and liabilities | 10/49 | €1,259,945 | €1,603,137 | +€343,192 | +27.2% |
| Equity | 10/15 | €1,224,918 | €1,452,065 | +€227,147 | +18.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,212,518 | €1,439,665 | +€227,147 | +18.7% |
| Distributable reserves | 133 | €1,212,518 | €1,439,665 | +€227,147 | +18.7% |
| Amounts payable | 17/49 | €35,028 | €151,072 | +€116,044 | +331% |
| Amounts payable within one year | 42/48 | €35,028 | €151,072 | +€116,044 | +331% |
| Financial debts | 43 | €5,462 | €8 | -€5,454 | -99.9% |
| Credit institutions | 430/8 | €5,462 | €8 | -€5,454 | -99.9% |
| Trade debts | 44 | €6,543 | €5,793 | -€749 | -11.4% |
| Suppliers | 440/4 | €6,543 | €5,793 | -€749 | -11.4% |
| Taxes, remuneration and social security | 45 | €23,023 | €39,569 | +€16,547 | +71.9% |
| Taxes | 450/3 | €23,023 | €39,569 | +€16,547 | +71.9% |
| Other amounts payable | 47/48 | - | €105,701 | +€105,701 | |
| Non-recurring operating income | 76A | - | €14,330 | +€14,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,641 | €32,303 | +€12,662 | +64.5% |
| Other operating charges | 640/8 | €2,874 | €2,957 | +€83 | +2.9% |
| Gross operating margin | 9900 | €407,048 | €406,582 | -€466 | -0.1% |
| Operating profit (loss) | 9901 | €384,533 | €371,322 | -€13,211 | -3.4% |
| Financial income | 75/76B | €32,743 | €41,447 | +€8,704 | +26.6% |
| Recurring financial income | 75 | €32,743 | €41,447 | +€8,704 | +26.6% |
| Financial charges | 65/66B | €1,834 | €7,517 | +€5,683 | +310% |
| Recurring financial charges | 65 | €1,834 | €7,517 | +€5,683 | +310% |
| Profit (loss) for the period before taxes | 9903 | €415,442 | €405,252 | -€10,190 | -2.5% |
| Income taxes | 67/77 | €132,546 | €125,474 | -€7,073 | -5.3% |
| Profit (loss) for the period | 9904 | €282,896 | €279,779 | -€3,117 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €282,896 | €279,779 | -€3,117 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.