WEDOME: 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.
WEDOME
Largest movements
- Stocks and contracts -€255,001
down €255,001 (-10.2%), from €2.5m to €2.2m
- Cash -€48,170
down €48,170 (-43.0%), from €112,087 to €63,917
mainly Net result for the year (-€305,831) and Other debts (-€132,654)
- Profit (loss) carried forward -€305,831
down €305,831 (-1,000%), from -€30,579 to -€336,410
- Accrued charges and deferred income +€182,294
new in 2025: €182,294
- Other debts -€132,654
down €132,654 (-6.9%), from €1.9m to €1.8m
- Tax, wage and social debts -€52,863
down €52,863 (-87.8%), from €60,221 to €7,358
of which Taxes: -€54,876
- Purchases and services -€241,572
down €241,572 (-35.2%), from €685,312 to €443,740
- Financial charges +€163,497
up €163,497 (+323%), from €50,576 to €214,072
of which Non-recurring financial charges: +€182,294
- Gross operating margin -€107,570
down €107,570, from €57,042 to -€50,528
- Staff costs +€2,771
up €2,771 (+8.0%), from €34,741 to €37,512
- Financial income -€1,368
down €1,368 (-86.3%), from €1,584 to €216
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 | €2,626,878 | €2,312,993 | -€313,885 | -11.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,619 | €5,150 | -€3,468 | -40.2% |
| Tangible fixed assets | 22/27 | €8,619 | €5,150 | -€3,468 | -40.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €8,619 | €5,150 | -€3,468 | -40.2% |
| Current assets | 29/58 | €2,618,260 | €2,307,843 | -€310,417 | -11.9% |
| Amounts receivable after more than one year | 29 | €200 | €200 | = | 0.0% |
| Trade receivables | 290 | €200 | €200 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,494,458 | €2,239,457 | -€255,001 | -10.2% |
| Stocks | 30/36 | €2,494,458 | €2,239,457 | -€255,001 | -10.2% |
| Amounts receivable within one year | 40/41 | €11,067 | €3,132 | -€7,935 | -71.7% |
| Trade receivables | 40 | €2,567 | €1,586 | -€981 | -38.2% |
| Other amounts receivable | 41 | €8,500 | €1,546 | -€6,954 | -81.8% |
| Cash at bank and in hand | 54/58 | €112,087 | €63,917 | -€48,170 | -43.0% |
| Deferred charges and accrued income | 490/1 | €447 | €1,137 | +€690 | +154% |
| Total equity and liabilities | 10/49 | €2,626,878 | €2,312,993 | -€313,885 | -11.9% |
| Equity | 10/15 | -€9,667 | -€315,498 | -€305,831 | -3,164% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,512 | €8,512 | = | 0.0% |
| Distributable reserves | 133 | €8,512 | €8,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,579 | -€336,410 | -€305,831 | -1,000% |
| Amounts payable | 17/49 | €2,636,545 | €2,628,492 | -€8,054 | -0.3% |
| Amounts payable within one year | 42/48 | €2,636,545 | €2,446,197 | -€190,348 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €652,902 | €647,202 | -€5,700 | -0.9% |
| Trade debts | 44 | €6,228 | €7,096 | +€868 | +13.9% |
| Suppliers | 440/4 | €6,228 | €7,096 | +€868 | +13.9% |
| Taxes, remuneration and social security | 45 | €60,221 | €7,358 | -€52,863 | -87.8% |
| Taxes | 450/3 | €54,876 | €0 | -€54,876 | -100% |
| Remuneration and social security | 454/9 | €5,344 | €7,358 | +€2,014 | +37.7% |
| Other amounts payable | 47/48 | €1,917,195 | €1,784,541 | -€132,654 | -6.9% |
| Accrued charges and deferred income | 492/3 | - | €182,294 | +€182,294 | |
| Goods, raw materials, services and sundry goods | 60/61 | €685,312 | €443,740 | -€241,572 | -35.2% |
| Remuneration, social security and pensions | 62 | €34,741 | €37,512 | +€2,771 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,468 | €3,468 | = | 0.0% |
| Other operating charges | 640/8 | €340 | €352 | +€11 | +3.4% |
| Non-recurring operating charges | 66A | €80 | - | -€80 | |
| Gross operating margin | 9900 | €57,042 | -€50,528 | -€107,570 | |
| Operating profit (loss) | 9901 | €18,413 | -€91,860 | -€110,272 | |
| Financial income | 75/76B | €1,584 | €216 | -€1,368 | -86.3% |
| Recurring financial income | 75 | €1,584 | €216 | -€1,368 | -86.3% |
| Financial charges | 65/66B | €50,576 | €214,072 | +€163,497 | +323% |
| Recurring financial charges | 65 | €50,576 | €31,778 | -€18,798 | -37.2% |
| Non-recurring financial charges | 66B | - | €182,294 | +€182,294 | |
| Profit (loss) for the period before taxes | 9903 | -€30,579 | -€305,716 | -€275,137 | -900% |
| Income taxes | 67/77 | - | €116 | +€116 | |
| Profit (loss) for the period | 9904 | -€30,579 | -€305,831 | -€275,252 | -900% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,579 | -€305,831 | -€275,252 | -900% |
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 23 October 2026 via checked.be.