MF WEPION: 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.
MF WEPION
Largest movements
- Receivables within one year +€54,047
up €54,047 (+5683.1%), from €951 to €54,998
of which Other amounts receivable: +€47,946
- Intangible fixed assets -€48,000
down €48,000 (-23.5%), from €204,000 to €156,000
- Cash +€47,751
up €47,751 (+43.1%), from €110,851 to €158,602
mainly Net result for the year (+€126,082) and Depreciation (+€50,946)
- Receivables after one year +€24,500
new in 2024: €24,500
- Profit (loss) carried forward +€126,082
up €126,082 (+166.0%), from €75,951 to €202,033
- Tax, wage and social debts -€17,580
down €17,580 (-46.4%), from €37,869 to €20,290
of which Taxes: -€19,518
- Debts after one year -€16,999
down €16,999 (-11.8%), from €144,307 to €127,308
- Trade debts -€9,385
down €9,385 (-25.1%), from €37,381 to €27,996
- Gross operating margin +€114,654
up €114,654 (+56.5%), from €203,010 to €317,664
- Staff costs +€29,291
up €29,291 (+46.5%), from €63,012 to €92,302
- Taxes +€17,166
up €17,166 (+87.8%), from €19,556 to €36,722
- Depreciation +€13,811
up €13,811 (+37.2%), from €37,135 to €50,946
- Financial charges +€3,253
up €3,253 (+55.2%), from €5,896 to €9,149
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,728 | €412,661 | +€81,934 | +24.8% |
| Fixed assets | 21/28 | €213,306 | €168,786 | -€44,521 | -20.9% |
| Intangible fixed assets | 21 | €204,000 | €156,000 | -€48,000 | -23.5% |
| Tangible fixed assets | 22/27 | €8,806 | €11,756 | +€2,950 | +33.5% |
| Plant, machinery and equipment | 23 | €4,337 | €5,374 | +€1,037 | +23.9% |
| Furniture and vehicles | 24 | €4,469 | €6,382 | +€1,913 | +42.8% |
| Financial fixed assets | 28 | €500 | €1,030 | +€530 | +105.9% |
| Current assets | 29/58 | €117,422 | €243,876 | +€126,454 | +107.7% |
| Amounts receivable after more than one year | 29 | - | €24,500 | +€24,500 | |
| Other amounts receivable | 291 | - | €24,500 | +€24,500 | |
| Stocks and contracts in progress | 3 | €5,620 | €5,776 | +€156 | +2.8% |
| Stocks | 30/36 | €5,620 | €5,776 | +€156 | +2.8% |
| Amounts receivable within one year | 40/41 | €951 | €54,998 | +€54,047 | +5683.1% |
| Trade receivables | 40 | €951 | €7,052 | +€6,101 | +641.6% |
| Other amounts receivable | 41 | - | €47,946 | +€47,946 | |
| Cash at bank and in hand | 54/58 | €110,851 | €158,602 | +€47,751 | +43.1% |
| Total equity and liabilities | 10/49 | €330,728 | €412,661 | +€81,934 | +24.8% |
| Equity | 10/15 | €78,951 | €205,033 | +€126,082 | +159.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,951 | €202,033 | +€126,082 | +166.0% |
| Amounts payable | 17/49 | €251,777 | €207,629 | -€44,148 | -17.5% |
| Amounts payable after more than one year | 17 | €144,307 | €127,308 | -€16,999 | -11.8% |
| Financial debts | 170/4 | €144,307 | €127,308 | -€16,999 | -11.8% |
| Amounts payable within one year | 42/48 | €107,470 | €80,321 | -€27,149 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €32,219 | €32,035 | -€185 | -0.6% |
| Trade debts | 44 | €37,381 | €27,996 | -€9,385 | -25.1% |
| Suppliers | 440/4 | €37,381 | €27,996 | -€9,385 | -25.1% |
| Taxes, remuneration and social security | 45 | €37,869 | €20,290 | -€17,580 | -46.4% |
| Taxes | 450/3 | €25,940 | €6,422 | -€19,518 | -75.2% |
| Remuneration and social security | 454/9 | €11,929 | €13,868 | +€1,938 | +16.2% |
| Remuneration, social security and pensions | 62 | €63,012 | €92,302 | +€29,291 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,135 | €50,946 | +€13,811 | +37.2% |
| Other operating charges | 640/8 | €1,460 | €4,365 | +€2,905 | +198.9% |
| Gross operating margin | 9900 | €203,010 | €317,664 | +€114,654 | +56.5% |
| Operating profit (loss) | 9901 | €101,403 | €170,051 | +€68,648 | +67.7% |
| Financial income | 75/76B | - | €1,901 | +€1,901 | |
| Recurring financial income | 75 | - | €1,901 | +€1,901 | |
| Financial charges | 65/66B | €5,896 | €9,149 | +€3,253 | +55.2% |
| Recurring financial charges | 65 | €5,896 | €9,149 | +€3,253 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €95,507 | €162,804 | +€67,296 | +70.5% |
| Income taxes | 67/77 | €19,556 | €36,722 | +€17,166 | +87.8% |
| Profit (loss) for the period | 9904 | €75,951 | €126,082 | +€50,131 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,951 | €126,082 | +€50,131 | +66.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.