WEDICO: 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.
WEDICO
Largest movements
- Receivables within one year +€239,268
up €239,268 (+893.4%), from €26,781 to €266,050
of which Trade receivables: +€227,372
- Cash +€127,566
up €127,566 (+90.4%), from €141,134 to €268,701
mainly Trade debts (+€164,111) and Net result for the year (+€146,638)
- Stocks and contracts -€62,667
down €62,667 (-48.5%), from €129,178 to €66,511
- Tangible fixed assets +€17,972
up €17,972 (+781.9%), from €2,299 to €20,270
of which Furniture and vehicles: +€19,396
- Trade debts +€164,111
up €164,111 (+347.6%), from €47,211 to €211,322
- Other debts +€99,467
up €99,467 (+15620.6%), from €637 to €100,104
- Reserves +€46,638
up €46,638 (+247.8%), from €18,817 to €65,455
- Tax, wage and social debts +€45,509
up €45,509 (+1219.8%), from €3,731 to €49,239
- Advances received -€33,878
down €33,878 (-17.3%), from €195,766 to €161,888
- Gross operating margin +€186,093
up €186,093 (+1171.1%), from €15,891 to €201,984
- Taxes +€45,509
up €45,509 (+1219.8%), from €3,731 to €49,239
- Depreciation +€3,984
up €3,984 (+279.8%), from €1,424 to €5,408
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 | €301,161 | €623,007 | +€321,846 | +106.9% |
| Fixed assets | 21/28 | €2,299 | €20,270 | +€17,972 | +781.9% |
| Tangible fixed assets | 22/27 | €2,299 | €20,270 | +€17,972 | +781.9% |
| Plant, machinery and equipment | 23 | €2,299 | €874 | -€1,424 | -62.0% |
| Furniture and vehicles | 24 | - | €19,396 | +€19,396 | |
| Current assets | 29/58 | €298,863 | €602,737 | +€303,874 | +101.7% |
| Stocks and contracts in progress | 3 | €129,178 | €66,511 | -€62,667 | -48.5% |
| Contracts in progress | 37 | €129,178 | €66,511 | -€62,667 | -48.5% |
| Amounts receivable within one year | 40/41 | €26,781 | €266,050 | +€239,268 | +893.4% |
| Trade receivables | 40 | €9,519 | €236,891 | +€227,372 | +2388.6% |
| Other amounts receivable | 41 | €17,263 | €29,159 | +€11,897 | +68.9% |
| Cash at bank and in hand | 54/58 | €141,134 | €268,701 | +€127,566 | +90.4% |
| Deferred charges and accrued income | 490/1 | €1,769 | €1,475 | -€294 | -16.6% |
| Total equity and liabilities | 10/49 | €301,161 | €623,007 | +€321,846 | +106.9% |
| Equity | 10/15 | €53,817 | €100,455 | +€46,638 | +86.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €18,817 | €65,455 | +€46,638 | +247.8% |
| Distributable reserves | 133 | €18,817 | €65,455 | +€46,638 | +247.8% |
| Investment grants | 15 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €247,344 | €522,553 | +€275,208 | +111.3% |
| Amounts payable within one year | 42/48 | €247,344 | €522,553 | +€275,208 | +111.3% |
| Trade debts | 44 | €47,211 | €211,322 | +€164,111 | +347.6% |
| Suppliers | 440/4 | €47,211 | €211,322 | +€164,111 | +347.6% |
| Advances received on contracts in progress | 46 | €195,766 | €161,888 | -€33,878 | -17.3% |
| Taxes, remuneration and social security | 45 | €3,731 | €49,239 | +€45,509 | +1219.8% |
| Taxes | 450/3 | €3,731 | €49,239 | +€45,509 | +1219.8% |
| Other amounts payable | 47/48 | €637 | €100,104 | +€99,467 | +15620.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,424 | €5,408 | +€3,984 | +279.8% |
| Other operating charges | 640/8 | €112 | €416 | +€304 | +270.3% |
| Gross operating margin | 9900 | €15,891 | €201,984 | +€186,093 | +1171.1% |
| Operating profit (loss) | 9901 | €14,355 | €196,160 | +€181,805 | +1266.5% |
| Financial income | 75/76B | €79 | €607 | +€528 | +664.7% |
| Recurring financial income | 75 | €79 | €607 | +€528 | +664.7% |
| Financial charges | 65/66B | €132 | €890 | +€758 | +575.8% |
| Recurring financial charges | 65 | €132 | €890 | +€758 | +575.8% |
| Profit (loss) for the period before taxes | 9903 | €14,302 | €195,877 | +€181,575 | +1269.5% |
| Income taxes | 67/77 | €3,731 | €49,239 | +€45,509 | +1219.8% |
| Profit (loss) for the period | 9904 | €10,572 | €146,638 | +€136,066 | +1287.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,572 | €146,638 | +€136,066 | +1287.1% |
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 7 October 2026 via checked.be.