WEEMAES: 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.
WEEMAES
Largest movements
- Tangible fixed assets +€758,196
up €758,196 (+406%), from €186,608 to €944,804
of which Land and buildings: +€793,010
- Current investments -€650,000
down €650,000 (-37.8%), from €1.7m to €1.1m
- Cash +€193,502
up €193,502 (+48.9%), from €396,101 to €589,603
mainly Other debts (+€793,583) and Current investments (+€650,000)
- Receivables within one year +€78,883
up €78,883 (+63.3%), from €124,645 to €203,528
of which Other amounts receivable: +€49,253
- Other debts +€793,583
up €793,583 (+1,047%), from €75,814 to €869,396
- Reserves -€446,479
down €446,479 (-21.5%), from €2.1m to €1.6m
of which Distributable reserves: -€417,954
- Tax, wage and social debts +€46,166
up €46,166 (+85.2%), from €54,186 to €100,352
of which Taxes: +€37,039
- Gross operating margin +€92,565
up €92,565 (+14.6%), from €635,647 to €728,212
- Staff costs +€33,835
up €33,835 (+17.1%), from €198,306 to €232,141
- Financial charges +€33,543
up €33,543 (+595%), from €5,641 to €39,185
- Financial income -€25,583
down €25,583 (-36.1%), from €70,812 to €45,229
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 | €2,435,590 | €2,814,288 | +€378,698 | +15.5% |
| Fixed assets | 21/28 | €186,608 | €944,804 | +€758,196 | +406% |
| Tangible fixed assets | 22/27 | €186,608 | €944,804 | +€758,196 | +406% |
| Land and buildings | 22 | €58,995 | €852,005 | +€793,010 | +1,344% |
| Plant, machinery and equipment | 23 | €34,553 | €26,145 | -€8,408 | -24.3% |
| Furniture and vehicles | 24 | €93,060 | €66,654 | -€26,406 | -28.4% |
| Current assets | 29/58 | €2,248,982 | €1,869,484 | -€379,498 | -16.9% |
| Amounts receivable within one year | 40/41 | €124,645 | €203,528 | +€78,883 | +63.3% |
| Trade receivables | 40 | €88,667 | €118,297 | +€29,630 | +33.4% |
| Other amounts receivable | 41 | €35,978 | €85,231 | +€49,253 | +137% |
| Current investments | 50/53 | €1,721,000 | €1,071,000 | -€650,000 | -37.8% |
| Cash at bank and in hand | 54/58 | €396,101 | €589,603 | +€193,502 | +48.9% |
| Deferred charges and accrued income | 490/1 | €7,236 | €5,353 | -€1,883 | -26.0% |
| Total equity and liabilities | 10/49 | €2,435,590 | €2,814,288 | +€378,698 | +15.5% |
| Equity | 10/15 | €2,095,099 | €1,648,620 | -€446,479 | -21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,076,499 | €1,630,020 | -€446,479 | -21.5% |
| Non-distributable reserves | 130/1 | €37,099 | €12,099 | -€25,000 | -67.4% |
| Reserves not available under the articles | 1311 | €37,099 | €12,099 | -€25,000 | -67.4% |
| Tax-exempt reserves | 132 | €54,525 | €51,000 | -€3,525 | -6.5% |
| Distributable reserves | 133 | €1,984,875 | €1,566,920 | -€417,954 | -21.1% |
| Provisions and deferred taxes | 16 | €26,592 | €21,857 | -€4,735 | -17.8% |
| Provisions for liabilities and charges | 160/5 | €23,167 | €19,607 | -€3,560 | -15.4% |
| Taxes | 161 | €9,122 | €9,122 | = | 0.0% |
| Major repairs and maintenance | 162 | €14,046 | €10,486 | -€3,560 | -25.3% |
| Deferred taxes | 168 | €3,425 | €2,250 | -€1,175 | -34.3% |
| Amounts payable | 17/49 | €313,899 | €1,143,811 | +€829,912 | +264% |
| Amounts payable within one year | 42/48 | €310,669 | €1,143,811 | +€833,142 | +268% |
| Trade debts | 44 | €180,669 | €174,062 | -€6,607 | -3.7% |
| Suppliers | 440/4 | €180,669 | €174,062 | -€6,607 | -3.7% |
| Taxes, remuneration and social security | 45 | €54,186 | €100,352 | +€46,166 | +85.2% |
| Taxes | 450/3 | €20,262 | €57,302 | +€37,039 | +183% |
| Remuneration and social security | 454/9 | €33,924 | €43,050 | +€9,127 | +26.9% |
| Other amounts payable | 47/48 | €75,814 | €869,396 | +€793,583 | +1,047% |
| Accrued charges and deferred income | 492/3 | €3,230 | - | -€3,230 | |
| Non-recurring operating income | 76A | €5 | - | -€5 | |
| Remuneration, social security and pensions | 62 | €198,306 | €232,141 | +€33,835 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,762 | €102,973 | +€7,211 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,560 | -€3,560 | |
| Other operating charges | 640/8 | €7,540 | €8,022 | +€482 | +6.4% |
| Gross operating margin | 9900 | €635,647 | €728,212 | +€92,565 | +14.6% |
| Operating profit (loss) | 9901 | €334,039 | €388,636 | +€54,597 | +16.3% |
| Financial income | 75/76B | €70,812 | €45,229 | -€25,583 | -36.1% |
| Recurring financial income | 75 | €70,812 | €45,229 | -€25,583 | -36.1% |
| Financial charges | 65/66B | €5,641 | €39,185 | +€33,543 | +595% |
| Recurring financial charges | 65 | €5,641 | €39,185 | +€33,543 | +595% |
| Profit (loss) for the period before taxes | 9903 | €399,210 | €394,681 | -€4,529 | -1.1% |
| Transfer from deferred taxes | 780 | €1,175 | €1,175 | = | 0.0% |
| Income taxes | 67/77 | €135,319 | €134,515 | -€804 | -0.6% |
| Profit (loss) for the period | 9904 | €265,065 | €261,341 | -€3,725 | -1.4% |
| Transfer from tax-exempt reserves | 789 | €3,525 | €3,525 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €268,590 | €264,866 | -€3,725 | -1.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.