WEC COMPAGNY: 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.
WEC COMPAGNY
Largest movements
- Receivables within one year +€13,538
up €13,538 (+230%), from €5,899 to €19,437
of which Other amounts receivable: +€14,291
- Cash -€4,680
down €4,680 (-95.1%), from €4,919 to €239
mainly Receivables within one year (-€13,538) and Other debts (-€1,014)
- Deferred charges and accrued income -€593
down €593 (-25.0%), from €2,371 to €1,778
- Stocks and contracts +€382
up €382 (+17.3%), from €2,214 to €2,596
- Profit (loss) carried forward +€9,456
no longer reported in 2024 (was -€9,456)
- Other debts -€1,014
no longer reported in 2024 (was €1,014)
- Reserves +€874
up €874 (+209%), from €418 to €1,293
- Tax, wage and social debts -€436
down €436 (-5.5%), from €7,963 to €7,527
- Depreciation -€5,220
no longer reported in 2024 (was €5,220)
- Gross operating margin -€989
down €989 (-6.0%), from €16,371 to €15,381
- Financial charges +€869
up €869 (+293%), from €297 to €1,166
of which Financial charges: +€519
- Taxes +€500
up €500 (+17.9%), from €2,795 to €3,295
- Other operating charges -€461
down €461 (-43.8%), from €1,054 to €593
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,403 | €24,051 | +€8,648 | +56.1% |
| Current assets | 29/58 | €15,403 | €24,051 | +€8,648 | +56.1% |
| Stocks and contracts in progress | 3 | €2,214 | €2,596 | +€382 | +17.3% |
| Stocks | 30/36 | €2,214 | €2,596 | +€382 | +17.3% |
| Amounts receivable within one year | 40/41 | €5,899 | €19,437 | +€13,538 | +230% |
| Trade receivables | 40 | €5,126 | €4,373 | -€753 | -14.7% |
| Other amounts receivable | 41 | €773 | €15,064 | +€14,291 | +1,849% |
| Cash at bank and in hand | 54/58 | €4,919 | €239 | -€4,680 | -95.1% |
| Deferred charges and accrued income | 490/1 | €2,371 | €1,778 | -€593 | -25.0% |
| Total equity and liabilities | 10/49 | €15,403 | €24,051 | +€8,648 | +56.1% |
| Equity | 10/15 | €3,362 | €13,693 | +€10,331 | +307% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €418 | €1,293 | +€874 | +209% |
| Distributable reserves | 133 | €418 | €1,293 | +€874 | +209% |
| Profit (loss) carried forward | 14 | -€9,456 | - | +€9,456 | |
| Amounts payable | 17/49 | €12,041 | €10,358 | -€1,683 | -14.0% |
| Amounts payable within one year | 42/48 | €12,041 | €10,358 | -€1,683 | -14.0% |
| Trade debts | 44 | €3,063 | €2,831 | -€232 | -7.6% |
| Suppliers | 440/4 | €3,063 | €2,831 | -€232 | -7.6% |
| Taxes, remuneration and social security | 45 | €7,963 | €7,527 | -€436 | -5.5% |
| Taxes | 450/3 | €7,963 | €7,527 | -€436 | -5.5% |
| Other amounts payable | 47/48 | €1,014 | - | -€1,014 | |
| Non-recurring operating income | 76A | €638 | €205 | -€433 | -67.8% |
| Remuneration, social security and pensions | 62 | €182 | - | -€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,220 | - | -€5,220 | |
| Other operating charges | 640/8 | €1,054 | €593 | -€461 | -43.8% |
| Non-recurring operating charges | 66A | €16,313 | - | -€16,313 | |
| Gross operating margin | 9900 | €16,371 | €15,381 | -€989 | -6.0% |
| Operating profit (loss) | 9901 | -€6,398 | €14,788 | +€21,187 | |
| Financial income | 75/76B | €34 | €3 | -€31 | -91.2% |
| Recurring financial income | 75 | €34 | €3 | -€31 | -91.2% |
| Financial charges | 65/66B | €297 | €1,166 | +€869 | +293% |
| Recurring financial charges | 65 | €297 | €816 | +€519 | +175% |
| Non-recurring financial charges | 66B | - | €350 | +€350 | |
| Profit (loss) for the period before taxes | 9903 | -€6,661 | €13,626 | +€20,287 | |
| Income taxes | 67/77 | €2,795 | €3,295 | +€500 | +17.9% |
| Profit (loss) for the period | 9904 | -€9,456 | €10,331 | +€19,787 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,456 | €10,331 | +€19,787 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.