WECOM: 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.
WECOM
Largest movements
- Tangible fixed assets +€93,883
up €93,883 (+7.7%), from €1.2m to €1.3m
of which Assets under construction and advance payments: +€232,258
- Cash -€84,118
down €84,118 (-98.9%), from €85,023 to €904
mainly Trade debts (-€830,605) and Investment in fixed assets (net) (-€232,258)
- Receivables within one year +€29,262
up €29,262 (+40.3%), from €72,539 to €101,800
- Debts after one year +€905,889
up €905,889 (+6419.7%), from €14,111 to €920,000
- Trade debts -€830,605
down €830,605 (-99.6%), from €833,708 to €3,104
- Profit (loss) carried forward -€152,074
down €152,074 (-147.3%), from -€103,216 to -€255,290
- Other debts +€105,644
new in 2025: €105,644
- Short-term financial debts +€27,272
up €27,272 (+6.3%), from €431,703 to €458,975
- Depreciation +€124,703
up €124,703 (+912.1%), from €13,672 to €138,375
- Financial charges +€30,939
up €30,939 (+486.2%), from €6,364 to €37,303
- Gross operating margin -€15,233
down €15,233 (-33.7%), from €45,219 to €29,987
- Other operating charges +€10,939
up €10,939 (+183.6%), from €5,957 to €16,896
- Financial income +€5,101
up €5,101 (+390.8%), from €1,305 to €6,406
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 | €1,370,235 | €1,409,261 | +€39,026 | +2.8% |
| Fixed assets | 21/28 | €1,212,674 | €1,306,557 | +€93,883 | +7.7% |
| Tangible fixed assets | 22/27 | €1,211,904 | €1,305,787 | +€93,883 | +7.7% |
| Land and buildings | 22 | €1,211,904 | €1,073,529 | -€138,375 | -11.4% |
| Assets under construction and advance payments | 27 | - | €232,258 | +€232,258 | |
| Financial fixed assets | 28 | €770 | €770 | = | 0.0% |
| Current assets | 29/58 | €157,561 | €102,704 | -€54,857 | -34.8% |
| Amounts receivable within one year | 40/41 | €72,539 | €101,800 | +€29,262 | +40.3% |
| Other amounts receivable | 41 | €72,539 | €101,800 | +€29,262 | +40.3% |
| Cash at bank and in hand | 54/58 | €85,023 | €904 | -€84,118 | -98.9% |
| Total equity and liabilities | 10/49 | €1,370,235 | €1,409,261 | +€39,026 | +2.8% |
| Equity | 10/15 | €16,096 | -€138,871 | -€154,966 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €113,114 | €110,222 | -€2,892 | -2.6% |
| Tax-exempt reserves | 132 | €113,114 | €110,222 | -€2,892 | -2.6% |
| Profit (loss) carried forward | 14 | -€103,216 | -€255,290 | -€152,074 | -147.3% |
| Provisions and deferred taxes | 16 | €47,514 | €46,299 | -€1,215 | -2.6% |
| Deferred taxes | 168 | €47,514 | €46,299 | -€1,215 | -2.6% |
| Amounts payable | 17/49 | €1,306,626 | €1,501,833 | +€195,207 | +14.9% |
| Amounts payable after more than one year | 17 | €14,111 | €920,000 | +€905,889 | +6419.7% |
| Financial debts | 170/4 | €14,111 | €920,000 | +€905,889 | +6419.7% |
| Amounts payable within one year | 42/48 | €1,292,515 | €581,833 | -€710,682 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €27,104 | €14,111 | -€12,993 | -47.9% |
| Financial debts | 43 | €431,703 | €458,975 | +€27,272 | +6.3% |
| Other loans | 439 | €431,703 | €458,975 | +€27,272 | +6.3% |
| Trade debts | 44 | €833,708 | €3,104 | -€830,605 | -99.6% |
| Suppliers | 440/4 | €833,708 | €3,104 | -€830,605 | -99.6% |
| Other amounts payable | 47/48 | - | €105,644 | +€105,644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,672 | €138,375 | +€124,703 | +912.1% |
| Other operating charges | 640/8 | €5,957 | €16,896 | +€10,939 | +183.6% |
| Gross operating margin | 9900 | €45,219 | €29,987 | -€15,233 | -33.7% |
| Operating profit (loss) | 9901 | €25,590 | -€125,285 | -€150,875 | |
| Financial income | 75/76B | €1,305 | €6,406 | +€5,101 | +390.8% |
| Recurring financial income | 75 | €1,305 | €6,406 | +€5,101 | +390.8% |
| Financial charges | 65/66B | €6,364 | €37,303 | +€30,939 | +486.2% |
| Recurring financial charges | 65 | €6,364 | €37,303 | +€30,939 | +486.2% |
| Profit (loss) for the period before taxes | 9903 | €20,531 | -€156,181 | -€176,713 | |
| Transfer from deferred taxes | 780 | - | €1,215 | +€1,215 | |
| Profit (loss) for the period | 9904 | €20,531 | -€154,966 | -€175,498 | |
| Transfer from tax-exempt reserves | 789 | - | €2,892 | +€2,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,531 | -€152,074 | -€172,606 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.