W.E.M.-CONSTRUCTION: what changed
Two fiscal 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.
W.E.M.-CONSTRUCTION
Largest movements
- Financial fixed assets +€1.3m
new in 2025: €1.3m
- Receivables within one year -€1.1m
down €1.1m (-93.3%), from €1.2m to €79,837
of which Other amounts receivable: -€1.1m
- Stocks and contracts -€76,209
down €76,209 (-61.9%), from €123,209 to €47,000
- Deferred charges and accrued income -€35,813
down €35,813 (-100.0%), from €35,813 to €0
- Reserves +€24,958
up €24,958 (+4.4%), from €564,895 to €589,853
of which Distributable reserves: +€24,958
- Gross operating margin +€4,031
up €4,031, from -€1,309 to €2,722
- Other operating charges -€3,295
down €3,295 (-74.1%), from €4,448 to €1,153
- Financial income +€2,483
up €2,483 (+6.9%), from €35,813 to €38,296
- Taxes +€2,399
up €2,399 (+35.9%), from €6,687 to €9,085
- Financial charges +€120
up €120 (+2.1%), from €5,702 to €5,822
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.
Cash bridge derived
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 | €1,353,128 | €1,391,497 | +€38,368 | +2.8% |
| Fixed assets | 21/28 | - | €1,260,590 | +€1.3m | |
| Financial fixed assets | 28 | - | €1,260,590 | +€1.3m | |
| Current assets | 29/58 | €1,353,128 | €130,907 | -€1.2m | -90.3% |
| Stocks and contracts in progress | 3 | €123,209 | €47,000 | -€76,209 | -61.9% |
| Stocks | 30/36 | €123,209 | €47,000 | -€76,209 | -61.9% |
| Amounts receivable within one year | 40/41 | €1,191,855 | €79,837 | -€1.1m | -93.3% |
| Trade receivables | 40 | €1,352 | €1,815 | +€463 | +34.3% |
| Other amounts receivable | 41 | €1,190,503 | €78,022 | -€1.1m | -93.4% |
| Cash at bank and in hand | 54/58 | €2,252 | €4,070 | +€1,818 | +80.7% |
| Deferred charges and accrued income | 490/1 | €35,813 | €0 | -€35,813 | -100.0% |
| Total equity and liabilities | 10/49 | €1,353,128 | €1,391,497 | +€38,368 | +2.8% |
| Equity | 10/15 | €923,645 | €948,603 | +€24,958 | +2.7% |
| Contributions | 10/11 | €358,750 | €358,750 | = | 0.0% |
| Capital | 10 | €358,750 | €358,750 | = | 0.0% |
| Issued capital | 100 | €358,750 | €358,750 | = | 0.0% |
| Reserves | 13 | €564,895 | €589,853 | +€24,958 | +4.4% |
| Non-distributable reserves | 130/1 | €35,875 | €35,875 | = | 0.0% |
| Legal reserve | 130 | €35,875 | €35,875 | = | 0.0% |
| Distributable reserves | 133 | €529,020 | €553,978 | +€24,958 | +4.7% |
| Amounts payable | 17/49 | €429,484 | €442,894 | +€13,410 | +3.1% |
| Amounts payable within one year | 42/48 | €428,428 | €441,505 | +€13,077 | +3.1% |
| Financial debts | 43 | €90,860 | €90,860 | = | 0.0% |
| Credit institutions | 430/8 | €90,860 | €90,860 | = | 0.0% |
| Trade debts | 44 | €300,890 | €301,656 | +€766 | +0.3% |
| Suppliers | 440/4 | €300,890 | €301,656 | +€766 | +0.3% |
| Taxes, remuneration and social security | 45 | €14,957 | €15,694 | +€737 | +4.9% |
| Taxes | 450/3 | €14,957 | €15,694 | +€737 | +4.9% |
| Other amounts payable | 47/48 | €21,721 | €33,295 | +€11,574 | +53.3% |
| Accrued charges and deferred income | 492/3 | €1,056 | €1,389 | +€333 | +31.5% |
| Other operating charges | 640/8 | €4,448 | €1,153 | -€3,295 | -74.1% |
| Gross operating margin | 9900 | -€1,309 | €2,722 | +€4,031 | |
| Operating profit (loss) | 9901 | -€5,757 | €1,570 | +€7,326 | |
| Financial income | 75/76B | €35,813 | €38,296 | +€2,483 | +6.9% |
| Recurring financial income | 75 | €35,813 | €38,296 | +€2,483 | +6.9% |
| Financial charges | 65/66B | €5,702 | €5,822 | +€120 | +2.1% |
| Recurring financial charges | 65 | €5,702 | €5,822 | +€120 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €24,354 | €34,044 | +€9,689 | +39.8% |
| Income taxes | 67/77 | €6,687 | €9,085 | +€2,399 | +35.9% |
| Profit (loss) for the period | 9904 | €17,668 | €24,958 | +€7,291 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,668 | €24,958 | +€7,291 | +41.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.