WEEF: 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.
WEEF
Largest movements
- Cash +€18,600
up €18,600 (+44.0%), from €42,260 to €60,859
mainly Depreciation (+€14,516) and Net result for the year (+€12,254)
- Tangible fixed assets -€13,046
down €13,046 (-26.5%), from €49,154 to €36,108
- Receivables within one year +€2,642
up €2,642 (+57.5%), from €4,595 to €7,237
of which Trade receivables: +€7,237
- Deferred charges and accrued income +€2,533
up €2,533 (+677.7%), from €374 to €2,907
- Stocks and contracts +€1,739
up €1,739 (+36.1%), from €4,814 to €6,554
- Debts after one year -€27,689
down €27,689 (-87.6%), from €31,611 to €3,922
- Reserves +€12,254
up €12,254 (+48.4%), from €25,339 to €37,593
- Advances received +€11,747
up €11,747 (+47.2%), from €24,880 to €36,627
- Trade debts +€9,508
up €9,508 (+427.4%), from €2,225 to €11,733
- Tax, wage and social debts +€4,988
up €4,988 (+99.9%), from €4,993 to €9,981
- Gross operating margin +€22,635
up €22,635 (+155.8%), from €14,528 to €37,163
- Taxes +€6,097
up €6,097 (+1265.2%), from €482 to €6,579
- Depreciation +€4,482
up €4,482 (+44.7%), from €10,034 to €14,516
- Financial charges +€844
up €844 (+42.4%), from €1,992 to €2,836
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 | €103,630 | €114,628 | +€10,998 | +10.6% |
| Formation expenses | 20 | €818 | €318 | -€500 | -61.1% |
| Fixed assets | 21/28 | €50,769 | €36,752 | -€14,017 | -27.6% |
| Intangible fixed assets | 21 | €1,615 | €644 | -€971 | -60.1% |
| Tangible fixed assets | 22/27 | €49,154 | €36,108 | -€13,046 | -26.5% |
| Plant, machinery and equipment | 23 | €3,715 | €2,556 | -€1,159 | -31.2% |
| Furniture and vehicles | 24 | €1,840 | €1,288 | -€552 | -30.0% |
| Leasing and similar rights | 25 | €18,074 | €11,954 | -€6,120 | -33.9% |
| Other tangible fixed assets | 26 | €25,524 | €20,309 | -€5,215 | -20.4% |
| Current assets | 29/58 | €52,043 | €77,557 | +€25,514 | +49.0% |
| Stocks and contracts in progress | 3 | €4,814 | €6,554 | +€1,739 | +36.1% |
| Stocks | 30/36 | €4,814 | €6,554 | +€1,739 | +36.1% |
| Amounts receivable within one year | 40/41 | €4,595 | €7,237 | +€2,642 | +57.5% |
| Trade receivables | 40 | €0 | €7,237 | +€7,237 | |
| Other amounts receivable | 41 | €4,595 | €0 | -€4,595 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,260 | €60,859 | +€18,600 | +44.0% |
| Deferred charges and accrued income | 490/1 | €374 | €2,907 | +€2,533 | +677.7% |
| Total equity and liabilities | 10/49 | €103,630 | €114,628 | +€10,998 | +10.6% |
| Equity | 10/15 | €28,339 | €40,593 | +€12,254 | +43.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,339 | €37,593 | +€12,254 | +48.4% |
| Distributable reserves | 133 | €25,339 | €37,593 | +€12,254 | +48.4% |
| Amounts payable | 17/49 | €75,290 | €74,035 | -€1,255 | -1.7% |
| Amounts payable after more than one year | 17 | €31,611 | €3,922 | -€27,689 | -87.6% |
| Financial debts | 170/4 | €31,611 | €3,922 | -€27,689 | -87.6% |
| Amounts payable within one year | 42/48 | €43,517 | €70,113 | +€26,596 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | €3,612 | €3,764 | +€152 | +4.2% |
| Trade debts | 44 | €2,225 | €11,733 | +€9,508 | +427.4% |
| Suppliers | 440/4 | €2,225 | €11,733 | +€9,508 | +427.4% |
| Advances received on contracts in progress | 46 | €24,880 | €36,627 | +€11,747 | +47.2% |
| Taxes, remuneration and social security | 45 | €4,993 | €9,981 | +€4,988 | +99.9% |
| Taxes | 450/3 | €4,993 | €9,981 | +€4,988 | +99.9% |
| Other amounts payable | 47/48 | €7,806 | €8,008 | +€202 | +2.6% |
| Accrued charges and deferred income | 492/3 | €162 | €0 | -€162 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,034 | €14,516 | +€4,482 | +44.7% |
| Other operating charges | 640/8 | €1,153 | €1,048 | -€105 | -9.1% |
| Gross operating margin | 9900 | €14,528 | €37,163 | +€22,635 | +155.8% |
| Operating profit (loss) | 9901 | €3,342 | €21,600 | +€18,258 | +546.4% |
| Financial income | 75/76B | €39 | €69 | +€30 | +76.1% |
| Recurring financial income | 75 | €39 | €69 | +€30 | +76.1% |
| Financial charges | 65/66B | €1,992 | €2,836 | +€844 | +42.4% |
| Recurring financial charges | 65 | €1,992 | €2,836 | +€844 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €1,389 | €18,833 | +€17,444 | +1256.1% |
| Income taxes | 67/77 | €482 | €6,579 | +€6,097 | +1265.2% |
| Profit (loss) for the period | 9904 | €907 | €12,254 | +€11,347 | +1251.3% |
| Profit (loss) for the period to be appropriated | 9905 | €907 | €12,254 | +€11,347 | +1251.3% |
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 6 October 2026 via checked.be.