Weco: 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.
Weco
Largest movements
- Tangible fixed assets -€4,947
down €4,947 (-8.5%), from €57,925 to €52,978
of which Land and buildings: -€3,582
- Cash -€916
down €916 (-22.8%), from €4,020 to €3,104
mainly Debts after one year (-€9,230) and Trade debts (-€1,387)
- Debts after one year -€9,230
down €9,230 (-7.2%), from €128,672 to €119,442
of which Financial debts: -€9,230
- Profit (loss) carried forward +€3,622
up €3,622 (+3.6%), from -€99,503 to -€95,881
- Trade debts -€1,387
down €1,387 (-22.8%), from €6,073 to €4,686
- Accrued charges and deferred income +€1,321
new in 2025: €1,321
- Depreciation -€1,649
down €1,649 (-25.0%), from €6,596 to €4,947
- Gross operating margin +€1,108
up €1,108 (+9.7%), from €11,366 to €12,473
- Financial charges -€392
down €392 (-12.7%), from €3,075 to €2,683
- Other operating charges -€170
down €170 (-12.2%), from €1,394 to €1,223
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 | €61,945 | €56,121 | -€5,825 | -9.4% |
| Fixed assets | 21/28 | €57,925 | €52,978 | -€4,947 | -8.5% |
| Tangible fixed assets | 22/27 | €57,925 | €52,978 | -€4,947 | -8.5% |
| Land and buildings | 22 | €56,105 | €52,523 | -€3,582 | -6.4% |
| Plant, machinery and equipment | 23 | €1,820 | €455 | -€1,365 | -75.0% |
| Current assets | 29/58 | €4,020 | €3,142 | -€878 | -21.8% |
| Cash at bank and in hand | 54/58 | €4,020 | €3,104 | -€916 | -22.8% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €61,945 | €56,121 | -€5,825 | -9.4% |
| Equity | 10/15 | -€86,185 | -€82,753 | +€3,432 | +4.0% |
| Contributions | 10/11 | €12,500 | €12,310 | -€190 | -1.5% |
| Capital | 10 | €12,500 | €12,310 | -€190 | -1.5% |
| Issued capital | 100 | €18,592 | €18,402 | -€190 | -1.0% |
| Uncalled capital | 101 | €6,092 | €6,092 | = | 0.0% |
| Reserves | 13 | €818 | €818 | = | 0.0% |
| Non-distributable reserves | 130/1 | €818 | €818 | = | 0.0% |
| Legal reserve | 130 | €818 | €818 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,503 | -€95,881 | +€3,622 | +3.6% |
| Amounts payable | 17/49 | €148,130 | €138,873 | -€9,257 | -6.2% |
| Amounts payable after more than one year | 17 | €128,672 | €119,442 | -€9,230 | -7.2% |
| Financial debts | 170/4 | €42,697 | €33,467 | -€9,230 | -21.6% |
| Other amounts payable | 178/9 | €85,975 | €85,975 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,458 | €18,110 | -€1,348 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €8,770 | €9,230 | +€460 | +5.2% |
| Trade debts | 44 | €6,073 | €4,686 | -€1,387 | -22.8% |
| Suppliers | 440/4 | €6,073 | €4,686 | -€1,387 | -22.8% |
| Taxes, remuneration and social security | 45 | €1,447 | €1,026 | -€421 | -29.1% |
| Taxes | 450/3 | €1,447 | €1,026 | -€421 | -29.1% |
| Other amounts payable | 47/48 | €3,168 | €3,168 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,321 | +€1,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,596 | €4,947 | -€1,649 | -25.0% |
| Other operating charges | 640/8 | €1,394 | €1,223 | -€170 | -12.2% |
| Gross operating margin | 9900 | €11,366 | €12,473 | +€1,108 | +9.7% |
| Operating profit (loss) | 9901 | €3,376 | €6,303 | +€2,927 | +86.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €3,075 | €2,683 | -€392 | -12.7% |
| Recurring financial charges | 65 | €3,075 | €2,683 | -€392 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €301 | €3,622 | +€3,321 | +1104.3% |
| Profit (loss) for the period | 9904 | €301 | €3,622 | +€3,321 | +1104.3% |
| Profit (loss) for the period to be appropriated | 9905 | €301 | €3,622 | +€3,321 | +1104.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.