WEDIS: 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.
What changed
WEDIS
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€589,147
2023 · €222,078+€367,070
Equity
€2.1m
2023 · €1.7m+€389,147
Cash
€576,489
2023 · €548,127+€28,362
Balance sheet total
€6.2m
2023 · €6.3m-€139,125
Largest movements
Assets
- Receivables within one year +€404,544
up €404,544 (+96.0%), from €421,325 to €825,869
of which Trade receivables: +€332,349
- Deferred charges and accrued income -€184,324
down €184,324 (-92.6%), from €199,002 to €14,678
- Tangible fixed assets -€181,823
down €181,823 (-6.1%), from €3.0m to €2.8m
of which Plant, machinery and equipment: -€239,477
- Stocks and contracts -€169,986
down €169,986 (-7.8%), from €2.2m to €2.0m
Equity and liabilities
- Trade debts -€750,624
down €750,624 (-26.5%), from €2.8m to €2.1m
- Reserves +€389,147
up €389,147 (+23.4%), from €1.7m to €2.1m
- Other debts +€253,726
up €253,726 (+43.1%), from €589,184 to €842,910
- Debts after one year -€175,661
down €175,661 (-32.8%), from €536,369 to €360,707
- Tax, wage and social debts +€67,375
up €67,375 (+15.3%), from €439,053 to €506,427
of which Taxes: +€60,523
Income statement
- Turnover +€24.6m
new in 2024: €24.6m
- Goods and materials +€20.0m
new in 2024: €20.0m
of which Purchases: +€19.8m
- Gross operating margin -€2.7m
no longer reported in 2024 (was €2.7m)
- Services and other goods +€1.8m
new in 2024: €1.8m
- Other operating income +€666,144
new in 2024: €666,144
From the 2023 result to the 2024 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.
Result 2023
€222,078
Turnover
+€24.6m
Other operating income
+€666,144
Goods and materials
-€20.0m
Services and other goods
-€1.8m
Staff costs
-€328,743
Depreciation
-€13,257
Other operating charges
-€328
Other operating items
-€2.6m
Financial income
-€188
Financial charges
-€5,506
Taxes
-€61,606
Result 2024
€589,147
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€590,351
Investment
-€196,544
Financing
-€365,445
Cash 2023
€548,127
From operations (derived)
+€590,351
Net result for the year
+€589,147
Depreciation
+€378,367
Receivables after one year
+€35,897
Stocks and contracts
+€169,986
Receivables within one year
-€404,544
Deferred charges and accrued income
+€184,324
Trade debts
-€750,624
Tax, wage and social debts
+€67,375
Other debts
+€253,726
Accrued charges and deferred income
+€66,696
Investment (derived)
-€196,544
Investment in fixed assets (net)
-€196,544
Financing
-€365,445
Debts after one year
-€175,661
Current portion of long-term debt
+€10,216
Contributions, distributions and other
-€200,000
Cash 2024
€576,489
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,334,464 | €6,195,339 | -€139,125 | -2.2% |
| Fixed assets | 21/28 | €2,957,910 | €2,776,087 | -€181,823 | -6.1% |
| Tangible fixed assets | 22/27 | €2,957,910 | €2,776,087 | -€181,823 | -6.1% |
| Land and buildings | 22 | €10,653 | €8,465 | -€2,188 | -20.5% |
| Plant, machinery and equipment | 23 | €2,885,772 | €2,646,294 | -€239,477 | -8.3% |
| Furniture and vehicles | 24 | €61,485 | €51,121 | -€10,364 | -16.9% |
| Leasing and similar rights | 25 | - | €70,206 | +€70,206 | |
| Current assets | 29/58 | €3,376,554 | €3,419,253 | +€42,698 | +1.3% |
| Amounts receivable after more than one year | 29 | €35,897 | €0 | -€35,897 | -100.0% |
| Other amounts receivable | 291 | €35,897 | €0 | -€35,897 | -100.0% |
| Stocks and contracts in progress | 3 | €2,172,204 | €2,002,217 | -€169,986 | -7.8% |
| Stocks | 30/36 | €2,172,204 | €2,002,217 | -€169,986 | -7.8% |
| Goods purchased for resale | 34 | - | €2,002,217 | +€2.0m | |
| Amounts receivable within one year | 40/41 | €421,325 | €825,869 | +€404,544 | +96.0% |
| Trade receivables | 40 | €417,187 | €749,536 | +€332,349 | +79.7% |
| Other amounts receivable | 41 | €4,137 | €76,333 | +€72,195 | +1744.9% |
| Cash at bank and in hand | 54/58 | €548,127 | €576,489 | +€28,362 | +5.2% |
| Deferred charges and accrued income | 490/1 | €199,002 | €14,678 | -€184,324 | -92.6% |
| Total equity and liabilities | 10/49 | €6,334,464 | €6,195,339 | -€139,125 | -2.2% |
| Equity | 10/15 | €1,680,947 | €2,070,095 | +€389,147 | +23.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,660,947 | €2,050,095 | +€389,147 | +23.4% |
| Distributable reserves | 133 | €1,660,947 | €2,050,095 | +€389,147 | +23.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,653,517 | €4,125,245 | -€528,272 | -11.4% |
| Amounts payable after more than one year | 17 | €536,369 | €360,707 | -€175,661 | -32.8% |
| Financial debts | 170/4 | €536,369 | €360,707 | -€175,661 | -32.8% |
| Leasing and similar obligations | 172 | - | €41,185 | +€41,185 | |
| Credit institutions | 173 | - | €319,522 | +€319,522 | |
| Amounts payable within one year | 42/48 | €4,116,905 | €3,697,597 | -€419,307 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €242,499 | €252,715 | +€10,216 | +4.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,836,939 | €2,086,315 | -€750,624 | -26.5% |
| Suppliers | 440/4 | €2,836,939 | €2,086,315 | -€750,624 | -26.5% |
| Advances received on contracts in progress | 46 | €9,230 | €9,230 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €439,053 | €506,427 | +€67,375 | +15.3% |
| Taxes | 450/3 | €101,758 | €162,281 | +€60,523 | +59.5% |
| Remuneration and social security | 454/9 | €337,295 | €344,146 | +€6,851 | +2.0% |
| Other amounts payable | 47/48 | €589,184 | €842,910 | +€253,726 | +43.1% |
| Accrued charges and deferred income | 492/3 | €244 | €66,940 | +€66,696 | +27334.6% |
| Operating income | 70/76A | - | €25,257,099 | +€25.3m | |
| Turnover | 70 | - | €24,590,955 | +€24.6m | |
| Other operating income | 74 | - | €666,144 | +€666,144 | |
| Operating charges | 60/66A | - | €24,479,288 | +€24.5m | |
| Goods for resale, raw materials and consumables | 60 | - | €19,999,225 | +€20.0m | |
| Purchases | 600/8 | - | €19,829,239 | +€19.8m | |
| Change in stocks: decrease (increase) | 609 | - | €169,986 | +€169,986 | |
| Services and other goods | 61 | - | €1,841,495 | +€1.8m | |
| Remuneration, social security and pensions | 62 | €1,920,911 | €2,249,654 | +€328,743 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365,110 | €378,367 | +€13,257 | +3.6% |
| Other operating charges | 640/8 | €7,874 | €8,201 | +€328 | +4.2% |
| Non-recurring operating charges | 66A | €22,655 | €2,345 | -€20,310 | -89.6% |
| Gross operating margin | 9900 | €2,659,990 | - | -€2.7m | |
| Operating profit (loss) | 9901 | €343,442 | €777,811 | +€434,370 | +126.5% |
| Financial income | 75/76B | €8,253 | €8,065 | -€188 | -2.3% |
| Recurring financial income | 75 | €8,253 | €8,065 | -€188 | -2.3% |
| Income from current assets | 751 | - | €3,856 | +€3,856 | |
| Other financial income | 752/9 | - | €4,209 | +€4,209 | |
| Financial charges | 65/66B | €34,468 | €39,975 | +€5,506 | +16.0% |
| Recurring financial charges | 65 | €34,468 | €39,975 | +€5,506 | +16.0% |
| Debt charges | 650 | - | €32,516 | +€32,516 | |
| Other financial charges | 652/9 | - | €7,458 | +€7,458 | |
| Profit (loss) for the period before taxes | 9903 | €317,226 | €745,902 | +€428,676 | +135.1% |
| Income taxes | 67/77 | €95,148 | €156,754 | +€61,606 | +64.7% |
| Taxes | 670/3 | - | €156,754 | +€156,754 | |
| Profit (loss) for the period | 9904 | €222,078 | €589,147 | +€367,070 | +165.3% |
| Profit (loss) for the period to be appropriated | 9905 | €222,078 | €589,147 | +€367,070 | +165.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.