WEERTS GROUP: 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.
What changed
WEERTS GROUP
NACE 82.100, Office administrative and support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8.2m
2024 · -€7.5m-€699,536
Equity
€589.2m
2024 · €597.4m-€8.2m
Cash
€2.9m
2024 · €2.7m+€201,158
Balance sheet total
€918.4m
2024 · €875.0m+€43.4m
Largest movements
Assets
- Deferred charges and accrued income +€30.5m
up €30.5m (+184.4%), from €16.5m to €47.1m
- Receivables within one year +€11.2m
up €11.2m (+3.9%), from €284.1m to €295.2m
of which Trade receivables: +€32.1m
Equity and liabilities
- Short-term financial debts +€23.8m
up €23.8m (+1931.5%), from €1.2m to €25.0m
of which Credit institutions: +€25.0m
- Current portion of long-term debt +€19.5m
up €19.5m (+105.1%), from €18.6m to €38.1m
- Trade debts +€16.4m
up €16.4m (+452.1%), from €3.6m to €20.0m
Income statement
- Financial income -€11.0m
down €11.0m (-49.4%), from €22.2m to €11.2m
- Financial charges +€4.5m
up €4.5m (+26.7%), from €16.9m to €21.4m
of which Non-recurring financial charges: +€5.2m
- Services and other goods +€3.6m
up €3.6m (+22.6%), from €15.9m to €19.5m
- Turnover +€1.3m
up €1.3m (+43.0%), from €3.0m to €4.3m
- Taxes +€264,331
up €264,331, from -€2,598 to €261,733
of which Taxes: +€257,732
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.
Result 2024
-€7.5m
Turnover
+€1.3m
Other operating income
+€26,341
Services and other goods
-€3.6m
Staff costs
-€6,069
Depreciation
-€463
Write-downs
+€15,942
Other operating charges
+€55,441
Other operating items
+€17.2m
Financial income
-€11.0m
Financial charges
-€4.5m
Taxes
-€264,331
Result 2025
-€8.2m
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.
From operations
-€37.7m
Investment
-€1.6m
Financing
+€39.5m
Cash 2024
€2.7m
From operations (derived)
-€37.7m
Net result for the year
-€8.2m
Depreciation
+€92,397
Receivables within one year
-€11.2m
Deferred charges and accrued income
-€30.5m
Trade debts
+€16.4m
Tax, wage and social debts
+€270,049
Other debts
-€3.7m
Accrued charges and deferred income
-€908,434
Investment (derived)
-€1.6m
Investment in fixed assets (net)
+€556,404
Current investments
-€2.2m
Financing
+€39.5m
Debts after one year
-€3.8m
Current portion of long-term debt
+€19.5m
Short-term financial debts
+€23.8m
Cash 2025
€2.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €875,009,433 | €918,379,064 | +€43.4m | +5.0% |
| Formation expenses | 20 | €102,064 | €2,216,726 | +€2.1m | +2071.9% |
| Fixed assets | 21/28 | €571,631,535 | €568,868,072 | -€2.8m | -0.5% |
| Intangible fixed assets | 21 | €0 | €231,413 | +€231,413 | |
| Tangible fixed assets | 22/27 | €12,906 | €7,853 | -€5,053 | -39.2% |
| Furniture and vehicles | 24 | €10,394 | €7,853 | -€2,542 | -24.5% |
| Leasing and similar rights | 25 | €2,512 | - | -€2,512 | |
| Financial fixed assets | 28 | €571,618,629 | €568,628,806 | -€3.0m | -0.5% |
| Affiliated companies | 280/1 | €571,618,629 | €568,628,806 | -€3.0m | -0.5% |
| Participating interests | 280 | €569,563,938 | €568,628,806 | -€935,132 | -0.2% |
| Amounts receivable | 281 | €2,054,691 | - | -€2.1m | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €303,275,834 | €347,294,265 | +€44.0m | +14.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Goods purchased for resale | 34 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €284,052,788 | €295,204,971 | +€11.2m | +3.9% |
| Trade receivables | 40 | €3,062,582 | €35,113,054 | +€32.1m | +1046.5% |
| Other amounts receivable | 41 | €280,990,205 | €260,091,917 | -€20.9m | -7.4% |
| Current investments | 50/53 | €0 | €2,150,000 | +€2.2m | |
| Other investments | 51/53 | €0 | €2,150,000 | +€2.2m | |
| Cash at bank and in hand | 54/58 | €2,674,611 | €2,875,768 | +€201,158 | +7.5% |
| Deferred charges and accrued income | 490/1 | €16,548,436 | €47,063,526 | +€30.5m | +184.4% |
| Total equity and liabilities | 10/49 | €875,009,433 | €918,379,064 | +€43.4m | +5.0% |
| Equity | 10/15 | €597,368,697 | €589,152,550 | -€8.2m | -1.4% |
| Contributions | 10/11 | €30,709,676 | €30,709,676 | = | 0.0% |
| Capital | 10 | €30,709,676 | €30,709,676 | = | 0.0% |
| Issued capital | 100 | €30,709,676 | €30,709,676 | = | 0.0% |
| Reserves | 13 | €3,070,968 | €3,070,968 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,070,968 | €3,070,968 | = | 0.0% |
| Legal reserve | 130 | €3,070,968 | €3,070,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | €563,588,054 | €555,371,906 | -€8.2m | -1.5% |
| Amounts payable | 17/49 | €277,640,736 | €329,226,514 | +€51.6m | +18.6% |
| Amounts payable after more than one year | 17 | €232,228,307 | €228,455,302 | -€3.8m | -1.6% |
| Financial debts | 170/4 | €232,141,624 | €227,920,178 | -€4.2m | -1.8% |
| Subordinated loans | 170 | €42,850,000 | €40,487,500 | -€2.4m | -5.5% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €187,665,951 | €187,432,678 | -€233,273 | -0.1% |
| Other loans | 174 | €1,625,673 | - | -€1.6m | |
| Other amounts payable | 178/9 | €86,683 | €535,124 | +€448,441 | +517.3% |
| Amounts payable within one year | 42/48 | €43,537,067 | €99,804,283 | +€56.3m | +129.2% |
| Current portion of amounts payable after more than one year | 42 | €18,578,078 | €38,107,932 | +€19.5m | +105.1% |
| Financial debts | 43 | €1,230,000 | €24,987,795 | +€23.8m | +1931.5% |
| Credit institutions | 430/8 | €0 | €24,987,795 | +€25.0m | |
| Other loans | 439 | €1,230,000 | - | -€1.2m | |
| Trade debts | 44 | €3,628,140 | €20,031,632 | +€16.4m | +452.1% |
| Suppliers | 440/4 | €3,628,140 | €20,031,632 | +€16.4m | +452.1% |
| Taxes, remuneration and social security | 45 | €11,904 | €281,953 | +€270,049 | +2268.5% |
| Taxes | 450/3 | €1,332 | €251,375 | +€250,043 | +18772.8% |
| Remuneration and social security | 454/9 | €10,572 | €30,578 | +€20,006 | +189.2% |
| Other amounts payable | 47/48 | €20,088,945 | €16,394,972 | -€3.7m | -18.4% |
| Accrued charges and deferred income | 492/3 | €1,875,363 | €966,929 | -€908,434 | -48.4% |
| Operating income | 70/76A | €3,429,056 | €36,510,685 | +€33.1m | +964.7% |
| Turnover | 70 | €3,007,498 | €4,299,813 | +€1.3m | +43.0% |
| Other operating income | 74 | €230,731 | €257,072 | +€26,341 | +11.4% |
| Non-recurring operating income | 76A | €190,827 | €31,953,800 | +€31.8m | +16644.9% |
| Operating charges | 60/66A | €16,206,282 | €34,261,147 | +€18.1m | +111.4% |
| Services and other goods | 61 | €15,900,043 | €19,486,686 | +€3.6m | +22.6% |
| Remuneration, social security and pensions | 62 | €131,815 | €137,884 | +€6,069 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,934 | €92,397 | +€463 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,942 | - | -€15,942 | |
| Other operating charges | 640/8 | €57,351 | €1,910 | -€55,441 | -96.7% |
| Non-recurring operating charges | 66A | €9,198 | €14,542,269 | +€14.5m | +157997.7% |
| Operating profit (loss) | 9901 | -€12,777,226 | €2,249,538 | +€15.0m | |
| Financial income | 75/76B | €22,170,134 | €11,216,141 | -€11.0m | -49.4% |
| Recurring financial income | 75 | €22,170,134 | €11,216,141 | -€11.0m | -49.4% |
| Income from financial fixed assets | 750 | €4,256,726 | - | -€4.3m | |
| Income from current assets | 751 | €17,884,903 | €10,930,506 | -€7.0m | -38.9% |
| Other financial income | 752/9 | €28,505 | €285,635 | +€257,130 | +902.1% |
| Financial charges | 65/66B | €16,912,118 | €21,420,094 | +€4.5m | +26.7% |
| Recurring financial charges | 65 | €16,912,118 | €16,261,577 | -€650,541 | -3.8% |
| Debt charges | 650 | €16,406,944 | €15,047,174 | -€1.4m | -8.3% |
| Other financial charges | 652/9 | €505,174 | €1,214,403 | +€709,229 | +140.4% |
| Non-recurring financial charges | 66B | - | €5,158,517 | +€5.2m | |
| Profit (loss) for the period before taxes | 9903 | -€7,519,210 | -€7,954,415 | -€435,205 | -5.8% |
| Income taxes | 67/77 | -€2,598 | €261,733 | +€264,331 | |
| Taxes | 670/3 | €4,787 | €262,519 | +€257,732 | +5383.9% |
| Tax adjustments and reversals of tax provisions | 77 | €7,385 | €786 | -€6,599 | -89.4% |
| Profit (loss) for the period | 9904 | -€7,516,612 | -€8,216,148 | -€699,536 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,516,612 | -€8,216,148 | -€699,536 | -9.3% |
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 12 October 2026 via checked.be.