WEASEL: 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.
WEASEL
Largest movements
- Receivables within one year +€37,782
up €37,782 (+517.6%), from €7,300 to €45,081
of which Trade receivables: +€39,628
- Tangible fixed assets +€11,125
up €11,125 (+23.2%), from €47,856 to €58,981
of which Furniture and vehicles: +€10,674
- Deferred charges and accrued income -€7,775
down €7,775 (-65.8%), from €11,814 to €4,040
- Other debts +€39,842
up €39,842 (+123.4%), from €32,290 to €72,132
- Tax, wage and social debts +€10,256
up €10,256, from €0 to €10,256
- Debts after one year -€10,148
down €10,148 (-37.5%), from €27,040 to €16,893
- Gross operating margin +€44,142
up €44,142 (+77.1%), from €57,233 to €101,374
- Other operating charges +€22,923
up €22,923 (+7550.4%), from €304 to €23,227
- Depreciation -€2,998
down €2,998 (-22.0%), from €13,612 to €10,614
- Financial charges +€2,809
up €2,809 (+155.3%), from €1,809 to €4,618
- Taxes +€2,551
up €2,551 (+23.3%), from €10,967 to €13,519
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 | €73,007 | €113,955 | +€40,949 | +56.1% |
| Fixed assets | 21/28 | €47,856 | €58,981 | +€11,125 | +23.2% |
| Tangible fixed assets | 22/27 | €47,856 | €58,981 | +€11,125 | +23.2% |
| Plant, machinery and equipment | 23 | €1,116 | €1,567 | +€451 | +40.4% |
| Furniture and vehicles | 24 | €46,740 | €57,414 | +€10,674 | +22.8% |
| Current assets | 29/58 | €25,151 | €54,975 | +€29,824 | +118.6% |
| Stocks and contracts in progress | 3 | €2,438 | €2,397 | -€40 | -1.7% |
| Stocks | 30/36 | €2,438 | €2,397 | -€40 | -1.7% |
| Amounts receivable within one year | 40/41 | €7,300 | €45,081 | +€37,782 | +517.6% |
| Trade receivables | 40 | €5,420 | €45,049 | +€39,628 | +731.1% |
| Other amounts receivable | 41 | €1,879 | €33 | -€1,847 | -98.3% |
| Cash at bank and in hand | 54/58 | €3,599 | €3,456 | -€143 | -4.0% |
| Deferred charges and accrued income | 490/1 | €11,814 | €4,040 | -€7,775 | -65.8% |
| Total equity and liabilities | 10/49 | €73,007 | €113,955 | +€40,949 | +56.1% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,007 | €110,955 | +€40,949 | +58.5% |
| Amounts payable after more than one year | 17 | €27,040 | €16,893 | -€10,148 | -37.5% |
| Financial debts | 170/4 | €27,040 | €16,893 | -€10,148 | -37.5% |
| Amounts payable within one year | 42/48 | €42,238 | €93,435 | +€51,196 | +121.2% |
| Current portion of amounts payable after more than one year | 42 | €9,762 | €10,148 | +€386 | +3.9% |
| Trade debts | 44 | €186 | €899 | +€713 | +383.6% |
| Suppliers | 440/4 | €186 | €899 | +€713 | +383.6% |
| Taxes, remuneration and social security | 45 | €0 | €10,256 | +€10,256 | |
| Taxes | 450/3 | €0 | €10,256 | +€10,256 | |
| Other amounts payable | 47/48 | €32,290 | €72,132 | +€39,842 | +123.4% |
| Accrued charges and deferred income | 492/3 | €728 | €628 | -€100 | -13.7% |
| Remuneration, social security and pensions | 62 | €1,258 | €2,609 | +€1,351 | +107.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,612 | €10,614 | -€2,998 | -22.0% |
| Other operating charges | 640/8 | €304 | €23,227 | +€22,923 | +7550.4% |
| Gross operating margin | 9900 | €57,233 | €101,374 | +€44,142 | +77.1% |
| Operating profit (loss) | 9901 | €42,059 | €64,925 | +€22,866 | +54.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €1,809 | €4,618 | +€2,809 | +155.3% |
| Recurring financial charges | 65 | €1,809 | €4,618 | +€2,809 | +155.3% |
| Profit (loss) for the period before taxes | 9903 | €40,252 | €60,306 | +€20,054 | +49.8% |
| Income taxes | 67/77 | €10,967 | €13,519 | +€2,551 | +23.3% |
| Profit (loss) for the period | 9904 | €29,284 | €46,788 | +€17,503 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,284 | €46,788 | +€17,503 | +59.8% |
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 11 October 2026 via checked.be.