MWESTO LABS: 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.
MWESTO LABS
Largest movements
- Cash -€16,614
down €16,614 (-62.0%), from €26,809 to €10,196
mainly Other debts (-€20,417) and Tax, wage and social debts (-€6,830)
- Receivables within one year -€6,974
down €6,974 (-19.7%), from €35,405 to €28,431
of which Other amounts receivable: -€9,999
- Tangible fixed assets -€2,882
down €2,882 (-22.8%), from €12,630 to €9,748
- Other debts -€20,417
down €20,417 (-96.1%), from €21,250 to €833
- Tax, wage and social debts -€6,830
down €6,830 (-42.6%), from €16,031 to €9,201
of which Taxes: -€7,080
- Debts after one year -€4,529
down €4,529 (-62.4%), from €7,262 to €2,733
- Trade debts +€4,169
up €4,169 (+678%), from €615 to €4,784
- Accrued charges and deferred income +€826
new in 2025: €826
- Gross operating margin +€5,922
up €5,922 (+999%), from €593 to €6,515
- Depreciation +€1,170
up €1,170 (+68.3%), from €1,712 to €2,882
- Taxes +€620
new in 2025: €620
- Financial charges -€571
down €571 (-27.8%), from €2,056 to €1,485
of which Non-recurring financial charges: -€1,500
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 | €74,930 | €48,418 | -€26,512 | -35.4% |
| Fixed assets | 21/28 | €12,630 | €9,748 | -€2,882 | -22.8% |
| Tangible fixed assets | 22/27 | €12,630 | €9,748 | -€2,882 | -22.8% |
| Furniture and vehicles | 24 | €12,630 | €9,748 | -€2,882 | -22.8% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €62,299 | €38,669 | -€23,630 | -37.9% |
| Amounts receivable within one year | 40/41 | €35,405 | €28,431 | -€6,974 | -19.7% |
| Trade receivables | 40 | €3,025 | €6,050 | +€3,025 | +100% |
| Other amounts receivable | 41 | €32,380 | €22,381 | -€9,999 | -30.9% |
| Cash at bank and in hand | 54/58 | €26,809 | €10,196 | -€16,614 | -62.0% |
| Deferred charges and accrued income | 490/1 | €85 | €43 | -€43 | -50.0% |
| Total equity and liabilities | 10/49 | €74,930 | €48,418 | -€26,512 | -35.4% |
| Equity | 10/15 | €25,434 | €25,513 | +€79 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,834 | €6,913 | +€79 | +1.2% |
| Distributable reserves | 133 | €6,834 | €6,913 | +€79 | +1.2% |
| Amounts payable | 17/49 | €49,496 | €22,905 | -€26,591 | -53.7% |
| Amounts payable after more than one year | 17 | €7,262 | €2,733 | -€4,529 | -62.4% |
| Financial debts | 170/4 | €7,262 | €2,733 | -€4,529 | -62.4% |
| Amounts payable within one year | 42/48 | €42,234 | €19,346 | -€22,888 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €4,339 | €4,529 | +€190 | +4.4% |
| Trade debts | 44 | €615 | €4,784 | +€4,169 | +678% |
| Suppliers | 440/4 | €615 | €4,784 | +€4,169 | +678% |
| Taxes, remuneration and social security | 45 | €16,031 | €9,201 | -€6,830 | -42.6% |
| Taxes | 450/3 | €12,738 | €5,658 | -€7,080 | -55.6% |
| Remuneration and social security | 454/9 | €3,293 | €3,543 | +€250 | +7.6% |
| Other amounts payable | 47/48 | €21,250 | €833 | -€20,417 | -96.1% |
| Accrued charges and deferred income | 492/3 | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,712 | €2,882 | +€1,170 | +68.3% |
| Other operating charges | 640/8 | €569 | €607 | +€38 | +6.7% |
| Gross operating margin | 9900 | €593 | €6,515 | +€5,922 | +999% |
| Operating profit (loss) | 9901 | -€1,688 | €3,027 | +€4,715 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +380% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +380% |
| Financial charges | 65/66B | €2,056 | €1,485 | -€571 | -27.8% |
| Recurring financial charges | 65 | €556 | €1,485 | +€929 | +167% |
| Non-recurring financial charges | 66B | €1,500 | - | -€1,500 | |
| Profit (loss) for the period before taxes | 9903 | -€3,743 | €1,545 | +€5,289 | |
| Income taxes | 67/77 | - | €620 | +€620 | |
| Profit (loss) for the period | 9904 | -€3,743 | €925 | +€4,668 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,743 | €925 | +€4,668 |
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 31 October 2026 via checked.be.