WEALEX: 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.
WEALEX
Largest movements
- Cash -€43,629
down €43,629 (-62.6%), from €69,747 to €26,118
mainly Other debts (-€39,306) and Deferred charges and accrued income (-€5,643)
- Tangible fixed assets -€5,846
down €5,846 (-28.8%), from €20,333 to €14,487
of which Furniture and vehicles: -€5,551
- Deferred charges and accrued income +€5,643
up €5,643 (+1194.7%), from €472 to €6,115
- Receivables within one year +€3,776
up €3,776 (+76.3%), from €4,951 to €8,728
of which Other amounts receivable: +€3,500
- Stocks and contracts +€1,018
up €1,018 (+31.6%), from €3,226 to €4,244
- Other debts -€39,306
down €39,306 (-95.8%), from €41,023 to €1,717
- Advances received +€7,598
up €7,598 (+88.0%), from €8,630 to €16,228
- Debts after one year -€5,171
down €5,171 (-56.1%), from €9,222 to €4,050
- Profit (loss) carried forward -€2,130
down €2,130, from €1,038 to -€1,092
- Accrued charges and deferred income +€1,715
up €1,715, from €0 to €1,715
- Gross operating margin -€25,548
down €25,548 (-50.8%), from €50,315 to €24,766
- Staff costs -€5,603
down €5,603 (-24.7%), from €22,703 to €17,099
- Taxes -€3,368
down €3,368 (-88.4%), from €3,809 to €441
- Financial charges -€2,479
down €2,479 (-48.1%), from €5,158 to €2,680
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 | €99,993 | €60,954 | -€39,039 | -39.0% |
| Fixed assets | 21/28 | €21,596 | €15,750 | -€5,846 | -27.1% |
| Tangible fixed assets | 22/27 | €20,333 | €14,487 | -€5,846 | -28.8% |
| Furniture and vehicles | 24 | €19,468 | €13,918 | -€5,551 | -28.5% |
| Other tangible fixed assets | 26 | €865 | €569 | -€295 | -34.2% |
| Financial fixed assets | 28 | €1,263 | €1,263 | = | 0.0% |
| Current assets | 29/58 | €78,397 | €45,204 | -€33,193 | -42.3% |
| Stocks and contracts in progress | 3 | €3,226 | €4,244 | +€1,018 | +31.6% |
| Stocks | 30/36 | €3,226 | €4,244 | +€1,018 | +31.6% |
| Amounts receivable within one year | 40/41 | €4,951 | €8,728 | +€3,776 | +76.3% |
| Trade receivables | 40 | €4,951 | €5,228 | +€276 | +5.6% |
| Other amounts receivable | 41 | €0 | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €69,747 | €26,118 | -€43,629 | -62.6% |
| Deferred charges and accrued income | 490/1 | €472 | €6,115 | +€5,643 | +1194.7% |
| Total equity and liabilities | 10/49 | €99,993 | €60,954 | -€39,039 | -39.0% |
| Equity | 10/15 | €4,038 | €1,908 | -€2,130 | -52.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,038 | -€1,092 | -€2,130 | |
| Amounts payable | 17/49 | €95,955 | €59,046 | -€36,909 | -38.5% |
| Amounts payable after more than one year | 17 | €9,222 | €4,050 | -€5,171 | -56.1% |
| Financial debts | 170/4 | €9,222 | €4,050 | -€5,171 | -56.1% |
| Amounts payable within one year | 42/48 | €86,733 | €53,280 | -€33,453 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €4,920 | €5,171 | +€251 | +5.1% |
| Trade debts | 44 | €25,686 | €25,356 | -€330 | -1.3% |
| Suppliers | 440/4 | €25,686 | €25,356 | -€330 | -1.3% |
| Advances received on contracts in progress | 46 | €8,630 | €16,228 | +€7,598 | +88.0% |
| Taxes, remuneration and social security | 45 | €6,473 | €4,807 | -€1,666 | -25.7% |
| Taxes | 450/3 | €5,753 | €4,003 | -€1,750 | -30.4% |
| Remuneration and social security | 454/9 | €720 | €804 | +€84 | +11.6% |
| Other amounts payable | 47/48 | €41,023 | €1,717 | -€39,306 | -95.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,715 | +€1,715 | |
| Remuneration, social security and pensions | 62 | €22,703 | €17,099 | -€5,603 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,953 | €5,846 | -€107 | -1.8% |
| Other operating charges | 640/8 | €680 | €845 | +€165 | +24.3% |
| Non-recurring operating charges | 66A | €384 | €0 | -€384 | -100.0% |
| Gross operating margin | 9900 | €50,315 | €24,766 | -€25,548 | -50.8% |
| Operating profit (loss) | 9901 | €20,595 | €976 | -€19,619 | -95.3% |
| Financial income | 75/76B | €10 | €15 | +€4 | +43.6% |
| Recurring financial income | 75 | €10 | €15 | +€4 | +43.6% |
| Financial charges | 65/66B | €5,158 | €2,680 | -€2,479 | -48.1% |
| Recurring financial charges | 65 | €5,158 | €2,680 | -€2,479 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €15,447 | -€1,689 | -€17,136 | |
| Income taxes | 67/77 | €3,809 | €441 | -€3,368 | -88.4% |
| Profit (loss) for the period | 9904 | €11,638 | -€2,130 | -€13,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,638 | -€2,130 | -€13,768 |
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 29 September 2026 via checked.be.