WEATHERLIGHT: 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.
WEATHERLIGHT
Largest movements
- Receivables after one year -€607,345
down €607,345 (-100.0%), from €607,345 to €0
- Financial fixed assets +€590,539
up €590,539 (+1271.0%), from €46,461 to €637,000
- Current investments +€38,444
new in 2025: €38,444
- Cash -€24,820
down €24,820 (-47.3%), from €52,477 to €27,657
mainly Investment in fixed assets (net) (-€598,781) and Current investments (-€38,444)
- Tangible fixed assets -€20,187
down €20,187 (-30.4%), from €66,461 to €46,274
of which Leasing and similar rights: -€21,957
- Other debts +€51,774
up €51,774 (+1556.6%), from €3,326 to €55,100
- Reserves -€35,309
down €35,309 (-17.9%), from €197,784 to €162,475
- Debts after one year -€13,475
down €13,475 (-100.0%), from €13,475 to €0
- Current portion of long-term debt -€13,253
down €13,253 (-49.6%), from €26,728 to €13,475
- Financial charges -€230,775
down €230,775 (-93.7%), from €246,362 to €15,587
of which Non-recurring financial charges: -€244,478
- Gross operating margin +€96,853
up €96,853, from -€50,405 to €46,447
- Financial income -€5,492
down €5,492 (-32.9%), from €16,678 to €11,186
- Other operating charges +€2,134
up €2,134 (+74.8%), from €2,851 to €4,985
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €978,495 | €968,544 | -€9,952 | -1.0% |
| Fixed assets | 21/28 | €112,922 | €683,274 | +€570,352 | +505.1% |
| Tangible fixed assets | 22/27 | €66,461 | €46,274 | -€20,187 | -30.4% |
| Plant, machinery and equipment | 23 | €1,967 | €2,402 | +€435 | +22.1% |
| Furniture and vehicles | 24 | €9,847 | €11,182 | +€1,335 | +13.6% |
| Leasing and similar rights | 25 | €54,647 | €32,690 | -€21,957 | -40.2% |
| Financial fixed assets | 28 | €46,461 | €637,000 | +€590,539 | +1271.0% |
| Current assets | 29/58 | €865,573 | €285,269 | -€580,304 | -67.0% |
| Amounts receivable after more than one year | 29 | €607,345 | €0 | -€607,345 | -100.0% |
| Other amounts receivable | 291 | €607,345 | €0 | -€607,345 | -100.0% |
| Amounts receivable within one year | 40/41 | €203,357 | €214,534 | +€11,177 | +5.5% |
| Trade receivables | 40 | €135,136 | €125,000 | -€10,136 | -7.5% |
| Other amounts receivable | 41 | €68,221 | €89,534 | +€21,313 | +31.2% |
| Current investments | 50/53 | - | €38,444 | +€38,444 | |
| Cash at bank and in hand | 54/58 | €52,477 | €27,657 | -€24,820 | -47.3% |
| Deferred charges and accrued income | 490/1 | €2,394 | €4,634 | +€2,240 | +93.6% |
| Total equity and liabilities | 10/49 | €978,495 | €968,544 | -€9,952 | -1.0% |
| Equity | 10/15 | €907,657 | €880,470 | -€27,187 | -3.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €197,784 | €162,475 | -€35,309 | -17.9% |
| Distributable reserves | 133 | €197,784 | €162,475 | -€35,309 | -17.9% |
| Profit (loss) carried forward | 14 | €697,873 | €705,995 | +€8,121 | +1.2% |
| Amounts payable | 17/49 | €70,838 | €88,074 | +€17,236 | +24.3% |
| Amounts payable after more than one year | 17 | €13,475 | €0 | -€13,475 | -100.0% |
| Financial debts | 170/4 | €13,475 | €0 | -€13,475 | -100.0% |
| Amounts payable within one year | 42/48 | €57,363 | €88,074 | +€30,711 | +53.5% |
| Current portion of amounts payable after more than one year | 42 | €26,728 | €13,475 | -€13,253 | -49.6% |
| Trade debts | 44 | €12,798 | €4,678 | -€8,120 | -63.4% |
| Suppliers | 440/4 | €12,798 | €4,678 | -€8,120 | -63.4% |
| Taxes, remuneration and social security | 45 | €14,511 | €14,822 | +€311 | +2.1% |
| Taxes | 450/3 | €14,511 | €14,822 | +€311 | +2.1% |
| Other amounts payable | 47/48 | €3,326 | €55,100 | +€51,774 | +1556.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,641 | €28,428 | -€213 | -0.7% |
| Other operating charges | 640/8 | €2,851 | €4,985 | +€2,134 | +74.8% |
| Non-recurring operating charges | 66A | €237 | €0 | -€237 | -100.0% |
| Gross operating margin | 9900 | -€50,405 | €46,447 | +€96,853 | |
| Operating profit (loss) | 9901 | -€82,134 | €13,034 | +€95,168 | |
| Financial income | 75/76B | €16,678 | €11,186 | -€5,492 | -32.9% |
| Recurring financial income | 75 | €16,678 | €11,186 | -€5,492 | -32.9% |
| Financial charges | 65/66B | €246,362 | €15,587 | -€230,775 | -93.7% |
| Recurring financial charges | 65 | €1,884 | €15,587 | +€13,703 | +727.3% |
| Non-recurring financial charges | 66B | €244,478 | €0 | -€244,478 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€311,818 | €8,632 | +€320,451 | |
| Income taxes | 67/77 | €183 | €511 | +€328 | +179.3% |
| Profit (loss) for the period | 9904 | -€312,001 | €8,121 | +€320,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€312,001 | €8,121 | +€320,123 |
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 6 October 2026 via checked.be.