WEDIM: 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.
WEDIM
Largest movements
- Tangible fixed assets -€33,508
down €33,508 (-3.7%), from €897,616 to €864,108
- Cash +€31,775
up €31,775 (+35.7%), from €88,899 to €120,674
mainly Net result for the year (+€36,437) and Depreciation (+€33,508)
- Other debts -€60,000
down €60,000 (-14.6%), from €411,921 to €351,921
- Profit (loss) carried forward +€37,703
up €37,703 (+14.4%), from €261,043 to €298,746
- Trade debts +€24,609
up €24,609 (+156%), from €15,822 to €40,431
- Gross operating margin -€8,498
down €8,498 (-8.3%), from €101,787 to €93,289
- Taxes -€1,680
down €1,680 (-10.6%), from €15,863 to €14,184
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 | €986,520 | €984,786 | -€1,734 | -0.2% |
| Fixed assets | 21/28 | €897,616 | €864,108 | -€33,508 | -3.7% |
| Tangible fixed assets | 22/27 | €897,616 | €864,108 | -€33,508 | -3.7% |
| Land and buildings | 22 | €897,616 | €864,108 | -€33,508 | -3.7% |
| Current assets | 29/58 | €88,904 | €120,678 | +€31,775 | +35.7% |
| Current investments | 50/53 | €5 | €4 | -€0 | -3.1% |
| Cash at bank and in hand | 54/58 | €88,899 | €120,674 | +€31,775 | +35.7% |
| Total equity and liabilities | 10/49 | €986,520 | €984,786 | -€1,734 | -0.2% |
| Equity | 10/15 | €348,739 | €385,176 | +€36,437 | +10.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €25,697 | €24,430 | -€1,267 | -4.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,497 | €18,230 | -€1,267 | -6.5% |
| Profit (loss) carried forward | 14 | €261,043 | €298,746 | +€37,703 | +14.4% |
| Provisions and deferred taxes | 16 | €28,742 | €28,089 | -€652 | -2.3% |
| Provisions for liabilities and charges | 160/5 | €18,700 | €18,700 | = | 0.0% |
| Major repairs and maintenance | 162 | €18,700 | €18,700 | = | 0.0% |
| Deferred taxes | 168 | €10,041 | €9,389 | -€652 | -6.5% |
| Amounts payable | 17/49 | €609,039 | €571,521 | -€37,518 | -6.2% |
| Amounts payable after more than one year | 17 | €161,131 | €161,131 | = | 0.0% |
| Other amounts payable | 178/9 | €161,131 | €161,131 | = | 0.0% |
| Amounts payable within one year | 42/48 | €443,716 | €406,198 | -€37,518 | -8.5% |
| Trade debts | 44 | €15,822 | €40,431 | +€24,609 | +156% |
| Suppliers | 440/4 | €15,822 | €40,431 | +€24,609 | +156% |
| Taxes, remuneration and social security | 45 | €15,974 | €13,847 | -€2,127 | -13.3% |
| Taxes | 450/3 | €15,974 | €13,847 | -€2,127 | -13.3% |
| Other amounts payable | 47/48 | €411,921 | €351,921 | -€60,000 | -14.6% |
| Accrued charges and deferred income | 492/3 | €4,192 | €4,192 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,289 | €33,508 | -€781 | -2.3% |
| Other operating charges | 640/8 | €9,371 | €9,659 | +€288 | +3.1% |
| Gross operating margin | 9900 | €101,787 | €93,289 | -€8,498 | -8.3% |
| Operating profit (loss) | 9901 | €58,127 | €50,122 | -€8,006 | -13.8% |
| Financial charges | 65/66B | €192 | €153 | -€38 | -20.0% |
| Recurring financial charges | 65 | €192 | €153 | -€38 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €57,935 | €49,968 | -€7,967 | -13.8% |
| Transfer from deferred taxes | 780 | €652 | €652 | = | 0.0% |
| Income taxes | 67/77 | €15,863 | €14,184 | -€1,680 | -10.6% |
| Profit (loss) for the period | 9904 | €42,725 | €36,437 | -€6,288 | -14.7% |
| Transfer from tax-exempt reserves | 789 | €1,267 | €1,267 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,991 | €37,703 | -€6,288 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.