WEDA FISH: 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.
WEDA FISH
Largest movements
- Receivables within one year -€8,738
down €8,738 (-74.0%), from €11,815 to €3,077
of which Other amounts receivable: -€8,738
- Intangible fixed assets -€1,537
down €1,537 (-22.9%), from €6,717 to €5,181
- Tangible fixed assets -€1,201
down €1,201 (-23.2%), from €5,181 to €3,980
- Cash -€322
down €322 (-96.5%), from €334 to €12
mainly Other debts (-€7,315) and Trade debts (-€2,371)
- Other debts -€7,315
down €7,315 (-50.3%), from €14,543 to €7,228
- Trade debts -€2,371
down €2,371 (-30.9%), from €7,663 to €5,292
- Profit (loss) carried forward -€1,568
down €1,568 (-1.5%), from -€101,742 to -€103,311
- Accrued charges and deferred income -€1,250
down €1,250 (-100.0%), from €1,250 to €0
- Tax, wage and social debts +€706
new in 2025: €706
- Other operating charges +€1,381
up €1,381 (+1233.2%), from €112 to €1,493
- Depreciation +€947
up €947 (+52.9%), from €1,791 to €2,738
- Gross operating margin +€291
up €291 (+10.7%), from €2,710 to €3,001
- Financial charges +€125
up €125 (+58.1%), from €216 to €341
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 | €24,047 | €12,249 | -€11,798 | -49.1% |
| Fixed assets | 21/28 | €11,898 | €9,160 | -€2,738 | -23.0% |
| Intangible fixed assets | 21 | €6,717 | €5,181 | -€1,537 | -22.9% |
| Tangible fixed assets | 22/27 | €5,181 | €3,980 | -€1,201 | -23.2% |
| Plant, machinery and equipment | 23 | €5,181 | €3,980 | -€1,201 | -23.2% |
| Current assets | 29/58 | €12,149 | €3,089 | -€9,060 | -74.6% |
| Amounts receivable within one year | 40/41 | €11,815 | €3,077 | -€8,738 | -74.0% |
| Trade receivables | 40 | €1,615 | €1,615 | = | 0.0% |
| Other amounts receivable | 41 | €10,200 | €1,462 | -€8,738 | -85.7% |
| Cash at bank and in hand | 54/58 | €334 | €12 | -€322 | -96.5% |
| Total equity and liabilities | 10/49 | €24,047 | €12,249 | -€11,798 | -49.1% |
| Equity | 10/15 | -€38,759 | -€40,327 | -€1,568 | -4.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €2,984 | €2,984 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,984 | €0 | -€2,984 | -100.0% |
| Distributable reserves | 133 | - | €2,984 | +€2,984 | |
| Profit (loss) carried forward | 14 | -€101,742 | -€103,311 | -€1,568 | -1.5% |
| Amounts payable | 17/49 | €62,805 | €52,575 | -€10,230 | -16.3% |
| Amounts payable after more than one year | 17 | €39,349 | €39,349 | = | 0.0% |
| Financial debts | 170/4 | €39,349 | €39,349 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,206 | €13,226 | -€8,980 | -40.4% |
| Trade debts | 44 | €7,663 | €5,292 | -€2,371 | -30.9% |
| Suppliers | 440/4 | €7,663 | €5,292 | -€2,371 | -30.9% |
| Taxes, remuneration and social security | 45 | - | €706 | +€706 | |
| Taxes | 450/3 | - | €706 | +€706 | |
| Other amounts payable | 47/48 | €14,543 | €7,228 | -€7,315 | -50.3% |
| Accrued charges and deferred income | 492/3 | €1,250 | €0 | -€1,250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,791 | €2,738 | +€947 | +52.9% |
| Other operating charges | 640/8 | €112 | €1,493 | +€1,381 | +1233.2% |
| Gross operating margin | 9900 | €2,710 | €3,001 | +€291 | +10.7% |
| Operating profit (loss) | 9901 | €807 | -€1,230 | -€2,037 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €216 | €341 | +€125 | +58.1% |
| Recurring financial charges | 65 | €216 | €341 | +€125 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €591 | -€1,568 | -€2,159 | |
| Profit (loss) for the period | 9904 | €591 | -€1,568 | -€2,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €591 | -€1,568 | -€2,159 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.