WEGEBA: 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.
WEGEBA
Largest movements
- Receivables within one year -€769,547
down €769,547 (-48.0%), from €1.6m to €833,403
of which Trade receivables: -€797,147
- Cash +€240,260
up €240,260 (+197.6%), from €121,608 to €361,868
- Other debts +€787,893
up €787,893 (+180.3%), from €436,891 to €1.2m
- Contributions -€718,170
down €718,170 (-30.1%), from €2.4m to €1.7m
- Tax, wage and social debts -€391,418
down €391,418 (-93.7%), from €417,854 to €26,435
of which Taxes: -€387,896
- Profit (loss) carried forward -€158,495
down €158,495 (-9.8%), from €1.6m to €1.5m
- Debts after one year -€72,084
down €72,084 (-12.8%), from €564,905 to €492,821
- Turnover +€400,000
up €400,000 (+25.0%), from €1.6m to €2.0m
- Taxes -€297,630
down €297,630 (-73.1%), from €406,991 to €109,360
of which Taxes: -€297,591
- Services and other goods +€284,673
up €284,673 (+390.7%), from €72,854 to €357,528
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,497,884 | €4,960,067 | -€537,818 | -9.8% |
| Fixed assets | 21/28 | €3,770,736 | €3,762,510 | -€8,225 | -0.2% |
| Tangible fixed assets | 22/27 | €777,966 | €769,740 | -€8,225 | -1.1% |
| Land and buildings | 22 | €771,037 | €757,330 | -€13,707 | -1.8% |
| Plant, machinery and equipment | 23 | €3,328 | €11,093 | +€7,764 | +233.3% |
| Furniture and vehicles | 24 | €3,601 | €1,318 | -€2,283 | -63.4% |
| Financial fixed assets | 28 | €2,992,770 | €2,992,770 | = | 0.0% |
| Affiliated companies | 280/1 | €2,992,770 | €2,992,770 | = | 0.0% |
| Participating interests | 280 | €2,992,770 | €2,992,770 | = | 0.0% |
| Current assets | 29/58 | €1,727,149 | €1,197,556 | -€529,592 | -30.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,602,950 | €833,403 | -€769,547 | -48.0% |
| Trade receivables | 40 | €1,600,000 | €802,853 | -€797,147 | -49.8% |
| Other amounts receivable | 41 | €2,950 | €30,550 | +€27,600 | +935.6% |
| Cash at bank and in hand | 54/58 | €121,608 | €361,868 | +€240,260 | +197.6% |
| Deferred charges and accrued income | 490/1 | €2,591 | €2,285 | -€306 | -11.8% |
| Total equity and liabilities | 10/49 | €5,497,884 | €4,960,067 | -€537,818 | -9.8% |
| Equity | 10/15 | €4,024,521 | €3,147,856 | -€876,665 | -21.8% |
| Contributions | 10/11 | €2,388,170 | €1,670,000 | -€718,170 | -30.1% |
| Reserves | 13 | €18,549 | €18,549 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,549 | €18,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,617,802 | €1,459,307 | -€158,495 | -9.8% |
| Amounts payable | 17/49 | €1,473,363 | €1,812,210 | +€338,847 | +23.0% |
| Amounts payable after more than one year | 17 | €564,905 | €492,821 | -€72,084 | -12.8% |
| Financial debts | 170/4 | €564,905 | €492,821 | -€72,084 | -12.8% |
| Credit institutions | 173 | €564,905 | €492,821 | -€72,084 | -12.8% |
| Amounts payable within one year | 42/48 | €906,708 | €1,300,409 | +€393,701 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €47,235 | €48,221 | +€987 | +2.1% |
| Trade debts | 44 | €4,728 | €968 | -€3,761 | -79.5% |
| Suppliers | 440/4 | €4,728 | €968 | -€3,761 | -79.5% |
| Taxes, remuneration and social security | 45 | €417,854 | €26,435 | -€391,418 | -93.7% |
| Taxes | 450/3 | €414,332 | €26,435 | -€387,896 | -93.6% |
| Remuneration and social security | 454/9 | €3,522 | €0 | -€3,522 | -100.0% |
| Other amounts payable | 47/48 | €436,891 | €1,224,785 | +€787,893 | +180.3% |
| Accrued charges and deferred income | 492/3 | €1,750 | €18,980 | +€17,230 | +984.6% |
| Operating income | 70/76A | €1,650,400 | €2,057,450 | +€407,050 | +24.7% |
| Turnover | 70 | €1,600,000 | €2,000,000 | +€400,000 | +25.0% |
| Other operating income | 74 | €50,400 | €57,450 | +€7,050 | +14.0% |
| Operating charges | 60/66A | €101,138 | €403,519 | +€302,381 | +299.0% |
| Services and other goods | 61 | €72,854 | €357,528 | +€284,673 | +390.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,866 | €39,748 | +€15,882 | +66.5% |
| Other operating charges | 640/8 | €4,417 | €6,243 | +€1,826 | +41.3% |
| Operating profit (loss) | 9901 | €1,549,262 | €1,653,932 | +€104,669 | +6.8% |
| Financial income | 75/76B | €0 | €642 | +€642 | |
| Recurring financial income | 75 | €0 | €642 | +€642 | |
| Income from current assets | 751 | - | €642 | +€642 | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €24,352 | €17,203 | -€7,149 | -29.4% |
| Recurring financial charges | 65 | €24,352 | €17,203 | -€7,149 | -29.4% |
| Debt charges | 650 | €23,710 | €16,110 | -€7,600 | -32.1% |
| Other financial charges | 652/9 | €642 | €1,093 | +€451 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | €1,524,910 | €1,637,371 | +€112,460 | +7.4% |
| Income taxes | 67/77 | €406,991 | €109,360 | -€297,630 | -73.1% |
| Taxes | 670/3 | €406,991 | €109,400 | -€297,591 | -73.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €40 | +€40 | |
| Profit (loss) for the period | 9904 | €1,117,920 | €1,528,010 | +€410,090 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,117,920 | €1,528,010 | +€410,090 | +36.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.