WEGELIGHT: 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.
WEGELIGHT
Largest movements
- Stocks and contracts -€899,711
down €899,711 (-100%), from €899,711 to €0
- Tangible fixed assets +€807,615
up €807,615 (+23.9%), from €3.4m to €4.2m
of which Land and buildings: +€808,975
- Debts after one year -€304,702
down €304,702 (-12.6%), from €2.4m to €2.1m
- Profit (loss) carried forward +€138,739
up €138,739 (+17.1%), from €810,540 to €949,279
- Trade debts +€79,385
up €79,385 (+556%), from €14,282 to €93,667
- Other debts +€44,192
up €44,192 (+20.0%), from €221,296 to €265,488
- Gross operating margin +€168,042
up €168,042 (+49.3%), from €340,796 to €508,838
- Depreciation +€42,939
up €42,939 (+26.6%), from €161,355 to €204,295
- Taxes +€34,919
up €34,919 (+269%), from €12,995 to €47,913
- Financial charges -€6,301
down €6,301 (-6.7%), from €94,606 to €88,304
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 | €4,360,850 | €4,312,261 | -€48,589 | -1.1% |
| Fixed assets | 21/28 | €3,384,197 | €4,191,812 | +€807,615 | +23.9% |
| Tangible fixed assets | 22/27 | €3,384,197 | €4,191,812 | +€807,615 | +23.9% |
| Land and buildings | 22 | €3,377,664 | €4,186,639 | +€808,975 | +24.0% |
| Plant, machinery and equipment | 23 | €6,533 | €5,173 | -€1,360 | -20.8% |
| Current assets | 29/58 | €976,653 | €120,449 | -€856,204 | -87.7% |
| Stocks and contracts in progress | 3 | €899,711 | €0 | -€899,711 | -100% |
| Stocks | 30/36 | €899,711 | €0 | -€899,711 | -100% |
| Amounts receivable within one year | 40/41 | €46,559 | €78,837 | +€32,278 | +69.3% |
| Trade receivables | 40 | €1,932 | €6,328 | +€4,396 | +228% |
| Other amounts receivable | 41 | €44,627 | €72,509 | +€27,882 | +62.5% |
| Cash at bank and in hand | 54/58 | €23,733 | €38,729 | +€14,996 | +63.2% |
| Deferred charges and accrued income | 490/1 | €6,649 | €2,883 | -€3,766 | -56.6% |
| Total equity and liabilities | 10/49 | €4,360,850 | €4,312,261 | -€48,589 | -1.1% |
| Equity | 10/15 | €1,382,540 | €1,521,279 | +€138,739 | +10.0% |
| Contributions | 10/11 | €520,000 | €520,000 | = | 0.0% |
| Reserves | 13 | €52,000 | €52,000 | = | 0.0% |
| Distributable reserves | 133 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €810,540 | €949,279 | +€138,739 | +17.1% |
| Amounts payable | 17/49 | €2,978,310 | €2,790,983 | -€187,327 | -6.3% |
| Amounts payable after more than one year | 17 | €2,409,229 | €2,104,528 | -€304,702 | -12.6% |
| Financial debts | 170/4 | €2,409,229 | €2,104,528 | -€304,702 | -12.6% |
| Amounts payable within one year | 42/48 | €534,994 | €671,289 | +€136,295 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €299,417 | €304,702 | +€5,285 | +1.8% |
| Trade debts | 44 | €14,282 | €93,667 | +€79,385 | +556% |
| Suppliers | 440/4 | €14,282 | €93,667 | +€79,385 | +556% |
| Taxes, remuneration and social security | 45 | - | €7,432 | +€7,432 | |
| Taxes | 450/3 | - | €7,432 | +€7,432 | |
| Other amounts payable | 47/48 | €221,296 | €265,488 | +€44,192 | +20.0% |
| Accrued charges and deferred income | 492/3 | €34,086 | €15,166 | -€18,920 | -55.5% |
| Non-recurring operating income | 76A | €6,373 | €0 | -€6,373 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,355 | €204,295 | +€42,939 | +26.6% |
| Other operating charges | 640/8 | €34,612 | €32,516 | -€2,096 | -6.1% |
| Gross operating margin | 9900 | €340,796 | €508,838 | +€168,042 | +49.3% |
| Operating profit (loss) | 9901 | €144,829 | €272,028 | +€127,199 | +87.8% |
| Financial income | 75/76B | €1,755 | €2,929 | +€1,173 | +66.8% |
| Recurring financial income | 75 | €1,755 | €2,929 | +€1,173 | +66.8% |
| Financial charges | 65/66B | €94,606 | €88,304 | -€6,301 | -6.7% |
| Recurring financial charges | 65 | €94,606 | €88,304 | -€6,301 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €51,979 | €186,652 | +€134,673 | +259% |
| Income taxes | 67/77 | €12,995 | €47,913 | +€34,919 | +269% |
| Profit (loss) for the period | 9904 | €38,984 | €138,739 | +€99,755 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €38,984 | €138,739 | +€99,755 | +256% |
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 15 October 2026 via checked.be.