WECA-POWER: 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.
WECA-POWER
Largest movements
- Receivables within one year -€25,904
down €25,904 (-57.7%), from €44,908 to €19,005
of which Other amounts receivable: -€19,490
- Stocks and contracts +€16,614
up €16,614 (+1422.7%), from €1,168 to €17,782
of which Contracts in progress: +€15,340
- Tangible fixed assets +€10,194
up €10,194 (+68.9%), from €14,803 to €24,998
of which Furniture and vehicles: +€5,845
- Cash -€6,036
down €6,036 (-47.0%), from €12,853 to €6,816
mainly Investment in fixed assets (net) (-€17,397) and Stocks and contracts (-€16,614)
- Trade debts +€11,461
up €11,461 (+152.0%), from €7,539 to €19,000
- Reserves -€5,852
down €5,852 (-5.9%), from €99,474 to €93,623
of which Distributable reserves: -€5,852
- Debts after one year -€4,236
down €4,236 (-100.0%), from €4,236 to €0
- Current portion of long-term debt -€3,336
down €3,336 (-26.5%), from €12,601 to €9,265
- Tax, wage and social debts -€2,725
down €2,725 (-76.8%), from €3,547 to €822
- Gross operating margin -€38,815
down €38,815 (-90.9%), from €42,696 to €3,881
- Taxes -€7,518
down €7,518 (-100.0%), from €7,518 to €0
- Depreciation -€575
down €575 (-7.4%), from €7,777 to €7,202
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 | €133,597 | €128,910 | -€4,687 | -3.5% |
| Fixed assets | 21/28 | €14,803 | €24,998 | +€10,194 | +68.9% |
| Tangible fixed assets | 22/27 | €14,803 | €24,998 | +€10,194 | +68.9% |
| Plant, machinery and equipment | 23 | €3,557 | €4,802 | +€1,245 | +35.0% |
| Furniture and vehicles | 24 | €1,921 | €7,766 | +€5,845 | +304.2% |
| Other tangible fixed assets | 26 | €9,325 | €12,430 | +€3,105 | +33.3% |
| Current assets | 29/58 | €118,794 | €103,913 | -€14,881 | -12.5% |
| Amounts receivable after more than one year | 29 | €52,000 | €52,000 | = | 0.0% |
| Other amounts receivable | 291 | €52,000 | €52,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,168 | €17,782 | +€16,614 | +1422.7% |
| Stocks | 30/36 | €995 | €2,269 | +€1,274 | +128.0% |
| Contracts in progress | 37 | €173 | €15,513 | +€15,340 | +8877.4% |
| Amounts receivable within one year | 40/41 | €44,908 | €19,005 | -€25,904 | -57.7% |
| Trade receivables | 40 | €10,365 | €3,951 | -€6,414 | -61.9% |
| Other amounts receivable | 41 | €34,544 | €15,054 | -€19,490 | -56.4% |
| Cash at bank and in hand | 54/58 | €12,853 | €6,816 | -€6,036 | -47.0% |
| Deferred charges and accrued income | 490/1 | €7,865 | €8,310 | +€445 | +5.7% |
| Total equity and liabilities | 10/49 | €133,597 | €128,910 | -€4,687 | -3.5% |
| Equity | 10/15 | €105,674 | €99,823 | -€5,852 | -5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,474 | €93,623 | -€5,852 | -5.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €99,474 | €93,623 | -€5,852 | -5.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,923 | €29,088 | +€1,165 | +4.2% |
| Amounts payable after more than one year | 17 | €4,236 | €0 | -€4,236 | -100.0% |
| Financial debts | 170/4 | €4,236 | €0 | -€4,236 | -100.0% |
| Amounts payable within one year | 42/48 | €23,687 | €29,088 | +€5,401 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €12,601 | €9,265 | -€3,336 | -26.5% |
| Trade debts | 44 | €7,539 | €19,000 | +€11,461 | +152.0% |
| Suppliers | 440/4 | €7,539 | €19,000 | +€11,461 | +152.0% |
| Taxes, remuneration and social security | 45 | €3,547 | €822 | -€2,725 | -76.8% |
| Taxes | 450/3 | €3,547 | €822 | -€2,725 | -76.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,777 | €7,202 | -€575 | -7.4% |
| Other operating charges | 640/8 | €1,546 | €1,776 | +€230 | +14.8% |
| Gross operating margin | 9900 | €42,696 | €3,881 | -€38,815 | -90.9% |
| Operating profit (loss) | 9901 | €33,372 | -€5,097 | -€38,470 | |
| Financial charges | 65/66B | €984 | €754 | -€230 | -23.3% |
| Recurring financial charges | 65 | €984 | €754 | -€230 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €32,389 | -€5,852 | -€38,240 | |
| Income taxes | 67/77 | €7,518 | €0 | -€7,518 | -100.0% |
| Profit (loss) for the period | 9904 | €24,871 | -€5,852 | -€30,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,871 | -€5,852 | -€30,722 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.