We-s Technics: 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.
We-s Technics
Largest movements
- Receivables within one year -€51,435
down €51,435 (-30.1%), from €170,703 to €119,267
of which Trade receivables: -€36,530
- Cash +€37,445
up €37,445 (+62.5%), from €59,960 to €97,406
mainly Receivables within one year (+€51,435) and Net result for the year (+€25,251)
- Tangible fixed assets +€21,657
up €21,657 (+240.0%), from €9,025 to €30,682
of which Other tangible fixed assets: +€15,776
- Trade debts -€25,714
down €25,714 (-32.7%), from €78,573 to €52,859
- Reserves +€25,251
up €25,251 (+45.4%), from €55,561 to €80,812
- Tax, wage and social debts +€21,850
up €21,850 (+138.7%), from €15,754 to €37,604
of which Taxes: +€16,850
- Other debts -€12,965
down €12,965 (-9.6%), from €135,366 to €122,401
- Gross operating margin -€43,103
down €43,103 (-51.8%), from €83,190 to €40,087
- Taxes -€15,142
down €15,142 (-72.1%), from €21,004 to €5,862
- Depreciation +€2,148
up €2,148 (+46.6%), from €4,611 to €6,759
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 | €287,535 | €295,957 | +€8,422 | +2.9% |
| Fixed assets | 21/28 | €13,653 | €34,550 | +€20,897 | +153.1% |
| Intangible fixed assets | 21 | €3,709 | €2,949 | -€760 | -20.5% |
| Tangible fixed assets | 22/27 | €9,025 | €30,682 | +€21,657 | +240.0% |
| Plant, machinery and equipment | 23 | €2,527 | €2,203 | -€324 | -12.8% |
| Furniture and vehicles | 24 | €5,329 | €11,534 | +€6,205 | +116.4% |
| Other tangible fixed assets | 26 | €1,169 | €16,945 | +€15,776 | +1349.3% |
| Financial fixed assets | 28 | €919 | €919 | = | 0.0% |
| Current assets | 29/58 | €273,883 | €261,407 | -€12,475 | -4.6% |
| Stocks and contracts in progress | 3 | €38,334 | €40,223 | +€1,889 | +4.9% |
| Stocks | 30/36 | €38,334 | €40,223 | +€1,889 | +4.9% |
| Amounts receivable within one year | 40/41 | €170,703 | €119,267 | -€51,435 | -30.1% |
| Trade receivables | 40 | €155,797 | €119,267 | -€36,530 | -23.4% |
| Other amounts receivable | 41 | €14,906 | €0 | -€14,906 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,960 | €97,406 | +€37,445 | +62.5% |
| Deferred charges and accrued income | 490/1 | €4,886 | €4,511 | -€375 | -7.7% |
| Total equity and liabilities | 10/49 | €287,535 | €295,957 | +€8,422 | +2.9% |
| Equity | 10/15 | €57,561 | €82,812 | +€25,251 | +43.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,561 | €80,812 | +€25,251 | +45.4% |
| Distributable reserves | 133 | €55,561 | €80,812 | +€25,251 | +45.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €229,974 | €213,145 | -€16,829 | -7.3% |
| Amounts payable within one year | 42/48 | €229,974 | €213,145 | -€16,829 | -7.3% |
| Trade debts | 44 | €78,573 | €52,859 | -€25,714 | -32.7% |
| Suppliers | 440/4 | €78,573 | €52,859 | -€25,714 | -32.7% |
| Advances received on contracts in progress | 46 | €281 | €281 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,754 | €37,604 | +€21,850 | +138.7% |
| Taxes | 450/3 | €13,004 | €29,854 | +€16,850 | +129.6% |
| Remuneration and social security | 454/9 | €2,750 | €7,750 | +€5,000 | +181.8% |
| Other amounts payable | 47/48 | €135,366 | €122,401 | -€12,965 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,611 | €6,759 | +€2,148 | +46.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€144 | -€144 | |
| Other operating charges | 640/8 | €1,112 | €1,208 | +€97 | +8.7% |
| Gross operating margin | 9900 | €83,190 | €40,087 | -€43,103 | -51.8% |
| Operating profit (loss) | 9901 | €77,468 | €32,264 | -€45,203 | -58.4% |
| Financial income | 75/76B | €1,254 | €1,191 | -€64 | -5.1% |
| Recurring financial income | 75 | €1,254 | €1,191 | -€64 | -5.1% |
| Financial charges | 65/66B | €2,157 | €2,342 | +€186 | +8.6% |
| Recurring financial charges | 65 | €2,157 | €2,342 | +€186 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €76,565 | €31,113 | -€45,453 | -59.4% |
| Income taxes | 67/77 | €21,004 | €5,862 | -€15,142 | -72.1% |
| Profit (loss) for the period | 9904 | €55,561 | €25,251 | -€30,310 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,561 | €25,251 | -€30,310 | -54.6% |
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 7 October 2026 via checked.be.