WEDA: 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.
WEDA
Largest movements
- Tangible fixed assets +€44,206
new in 2025: €44,206
- Receivables within one year -€37,561
down €37,561 (-7.3%), from €513,337 to €475,776
of which Other amounts receivable: -€50,736
- Reserves -€85,519
down €85,519 (-22.8%), from €375,329 to €289,810
of which Distributable reserves: -€79,672
- Other debts +€60,210
up €60,210 (+76,215%), from €79 to €60,289
- Profit (loss) carried forward +€48,208
up €48,208, from -€48,208 to €0
- Accrued charges and deferred income -€19,175
down €19,175 (-72.2%), from €26,550 to €7,375
- Depreciation +€8,103
new in 2025: €8,103
- Gross operating margin -€942
down €942 (-42.2%), from -€2,230 to -€3,172
- Financial charges +€126
up €126 (+36.1%), from €349 to €476
- Other operating charges +€63
up €63 (+14.2%), from €446 to €510
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.
Derived cash bridge
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 | €513,348 | €520,233 | +€6,885 | +1.3% |
| Fixed assets | 21/28 | - | €44,206 | +€44,206 | |
| Tangible fixed assets | 22/27 | - | €44,206 | +€44,206 | |
| Land and buildings | 22 | - | €44,206 | +€44,206 | |
| Current assets | 29/58 | €513,348 | €476,027 | -€37,322 | -7.3% |
| Amounts receivable within one year | 40/41 | €513,337 | €475,776 | -€37,561 | -7.3% |
| Trade receivables | 40 | - | €13,175 | +€13,175 | |
| Other amounts receivable | 41 | €513,337 | €462,601 | -€50,736 | -9.9% |
| Cash at bank and in hand | 54/58 | €11 | €251 | +€239 | +2,093% |
| Total equity and liabilities | 10/49 | €513,348 | €520,233 | +€6,885 | +1.3% |
| Equity | 10/15 | €401,489 | €364,178 | -€37,311 | -9.3% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €375,329 | €289,810 | -€85,519 | -22.8% |
| Tax-exempt reserves | 132 | €255,691 | €249,844 | -€5,847 | -2.3% |
| Distributable reserves | 133 | €119,638 | €39,966 | -€79,672 | -66.6% |
| Profit (loss) carried forward | 14 | -€48,208 | €0 | +€48,208 | |
| Provisions and deferred taxes | 16 | €85,230 | €83,281 | -€1,949 | -2.3% |
| Deferred taxes | 168 | €85,230 | €83,281 | -€1,949 | -2.3% |
| Amounts payable | 17/49 | €26,629 | €72,774 | +€46,145 | +173% |
| Amounts payable within one year | 42/48 | €79 | €65,399 | +€65,320 | +82,683% |
| Trade debts | 44 | €0 | €110 | +€110 | |
| Suppliers | 440/4 | €0 | €110 | +€110 | |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €79 | €60,289 | +€60,210 | +76,215% |
| Accrued charges and deferred income | 492/3 | €26,550 | €7,375 | -€19,175 | -72.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,103 | +€8,103 | |
| Other operating charges | 640/8 | €446 | €510 | +€63 | +14.2% |
| Non-recurring operating charges | 66A | - | €27,000 | +€27,000 | |
| Gross operating margin | 9900 | -€2,230 | -€3,172 | -€942 | -42.2% |
| Operating profit (loss) | 9901 | -€2,676 | -€38,784 | -€36,108 | -1,349% |
| Financial charges | 65/66B | €349 | €476 | +€126 | +36.1% |
| Recurring financial charges | 65 | €349 | €476 | +€126 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,026 | -€39,260 | -€36,234 | -1,197% |
| Transfer from deferred taxes | 780 | - | €1,949 | +€1,949 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,026 | -€37,311 | -€34,285 | -1,133% |
| Transfer from tax-exempt reserves | 789 | - | €5,847 | +€5,847 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,026 | -€31,464 | -€28,438 | -940% |
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 19 October 2026 via checked.be.