WEDEM: 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.
WEDEM
Largest movements
- Tangible fixed assets -€25,062
down €25,062 (-8.4%), from €296,753 to €271,691
of which Land and buildings: -€21,647
- Cash -€4,332
down €4,332 (-73.8%), from €5,874 to €1,541
mainly Net result for the year (-€29,079) and Other debts (-€2,160)
- Profit (loss) carried forward -€29,079
down €29,079 (-36.0%), from -€80,676 to -€109,755
- Taxes -€18,895
down €18,895 (-75.7%), from €24,953 to €6,057
- Gross operating margin +€11,277
up €11,277, from -€5,960 to €5,317
- Depreciation -€4,346
down €4,346 (-14.8%), from €29,408 to €25,062
- Financial income -€101
down €101 (-100.0%), from €101 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,571 | €275,221 | -€29,350 | -9.6% |
| Fixed assets | 21/28 | €296,753 | €271,691 | -€25,062 | -8.4% |
| Tangible fixed assets | 22/27 | €296,753 | €271,691 | -€25,062 | -8.4% |
| Land and buildings | 22 | €290,569 | €268,923 | -€21,647 | -7.4% |
| Plant, machinery and equipment | 23 | €29 | €0 | -€29 | -100.0% |
| Furniture and vehicles | 24 | €6,155 | €2,768 | -€3,387 | -55.0% |
| Current assets | 29/58 | €7,818 | €3,530 | -€4,288 | -54.8% |
| Cash at bank and in hand | 54/58 | €5,874 | €1,541 | -€4,332 | -73.8% |
| Deferred charges and accrued income | 490/1 | €1,945 | €1,989 | +€44 | +2.3% |
| Total equity and liabilities | 10/49 | €304,571 | €275,221 | -€29,350 | -9.6% |
| Equity | 10/15 | -€17,620 | -€46,699 | -€29,079 | -165.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €44,506 | €44,506 | = | 0.0% |
| Distributable reserves | 133 | €44,506 | €44,506 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,676 | -€109,755 | -€29,079 | -36.0% |
| Amounts payable | 17/49 | €322,191 | €321,920 | -€271 | -0.1% |
| Amounts payable within one year | 42/48 | €322,191 | €321,920 | -€271 | -0.1% |
| Trade debts | 44 | €5,681 | €7,570 | +€1,889 | +33.3% |
| Suppliers | 440/4 | €5,681 | €7,570 | +€1,889 | +33.3% |
| Other amounts payable | 47/48 | €316,510 | €314,350 | -€2,160 | -0.7% |
| Non-recurring operating income | 76A | - | €6,781 | +€6,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,408 | €25,062 | -€4,346 | -14.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,240 | €3,228 | -€11 | -0.3% |
| Gross operating margin | 9900 | -€5,960 | €5,317 | +€11,277 | |
| Operating profit (loss) | 9901 | -€38,607 | -€22,974 | +€15,634 | +40.5% |
| Financial income | 75/76B | €101 | €0 | -€101 | -100.0% |
| Recurring financial income | 75 | €101 | €0 | -€101 | -100.0% |
| Financial charges | 65/66B | €51 | €48 | -€3 | -6.4% |
| Recurring financial charges | 65 | €51 | €48 | -€3 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€38,558 | -€23,022 | +€15,537 | +40.3% |
| Income taxes | 67/77 | €24,953 | €6,057 | -€18,895 | -75.7% |
| Profit (loss) for the period | 9904 | -€63,511 | -€29,079 | +€34,432 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,511 | -€29,079 | +€34,432 | +54.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.