Middenstand van Wevelgem: 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.
Middenstand van Wevelgem
Largest movements
- Cash +€11,846
up €11,846 (+10.6%), from €111,403 to €123,250
mainly Depreciation (+€8,827) and Deferred charges and accrued income (+€2,249)
- Tangible fixed assets -€8,827
down €8,827 (-6.6%), from €134,189 to €125,362
of which Land and buildings: -€5,465
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€5,360
down €5,360 (-23.3%), from €22,992 to €17,632
- Taxes -€1,327
down €1,327 (-34.1%), from €3,895 to €2,568
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 | €248,191 | €248,746 | +€555 | +0.2% |
| Fixed assets | 21/28 | €134,189 | €125,362 | -€8,827 | -6.6% |
| Tangible fixed assets | 22/27 | €134,189 | €125,362 | -€8,827 | -6.6% |
| Land and buildings | 22 | €126,087 | €120,621 | -€5,465 | -4.3% |
| Plant, machinery and equipment | 23 | €8,102 | €4,740 | -€3,362 | -41.5% |
| Current assets | 29/58 | €114,002 | €123,384 | +€9,382 | +8.2% |
| Amounts receivable within one year | 40/41 | €349 | €134 | -€215 | -61.5% |
| Other amounts receivable | 41 | €349 | €134 | -€215 | -61.5% |
| Cash at bank and in hand | 54/58 | €111,403 | €123,250 | +€11,846 | +10.6% |
| Deferred charges and accrued income | 490/1 | €2,249 | - | -€2,249 | |
| Total equity and liabilities | 10/49 | €248,191 | €248,746 | +€555 | +0.2% |
| Equity | 10/15 | €223,972 | €225,957 | +€1,985 | +0.9% |
| Contributions | 10/11 | €185,000 | €185,000 | = | 0.0% |
| Capital | 10 | €185,000 | €185,000 | = | 0.0% |
| Issued capital | 100 | €185,000 | €185,000 | = | 0.0% |
| Revaluation surpluses | 12 | €37,849 | €37,849 | = | 0.0% |
| Reserves | 13 | €86,420 | €86,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,316 | €1,316 | = | 0.0% |
| Legal reserve | 130 | €1,316 | €1,316 | = | 0.0% |
| Distributable reserves | 133 | €85,104 | €85,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,298 | -€83,312 | +€1,985 | +2.3% |
| Provisions and deferred taxes | 16 | €9,650 | €9,650 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €9,650 | €9,650 | = | 0.0% |
| Major repairs and maintenance | 162 | €9,650 | €9,650 | = | 0.0% |
| Amounts payable | 17/49 | €14,569 | €13,138 | -€1,431 | -9.8% |
| Amounts payable after more than one year | 17 | €13,138 | €13,138 | = | 0.0% |
| Financial debts | 170/4 | €13,138 | €13,138 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,431 | - | -€1,431 | |
| Trade debts | 44 | €212 | - | -€212 | |
| Suppliers | 440/4 | €212 | - | -€212 | |
| Taxes, remuneration and social security | 45 | €1,219 | - | -€1,219 | |
| Taxes | 450/3 | €1,219 | - | -€1,219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,827 | €8,827 | = | 0.0% |
| Other operating charges | 640/8 | €4,745 | €4,893 | +€147 | +3.1% |
| Gross operating margin | 9900 | €22,992 | €17,632 | -€5,360 | -23.3% |
| Operating profit (loss) | 9901 | €9,420 | €3,912 | -€5,508 | -58.5% |
| Financial income | 75/76B | €589 | €676 | +€87 | +14.7% |
| Recurring financial income | 75 | €589 | €676 | +€87 | +14.7% |
| Financial charges | 65/66B | €29 | €34 | +€6 | +19.3% |
| Recurring financial charges | 65 | €29 | €34 | +€6 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €9,980 | €4,554 | -€5,426 | -54.4% |
| Income taxes | 67/77 | €3,895 | €2,568 | -€1,327 | -34.1% |
| Profit (loss) for the period | 9904 | €6,085 | €1,985 | -€4,099 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,085 | €1,985 | -€4,099 | -67.4% |
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 20 October 2026 via checked.be.