Wegelix: 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.
Wegelix
Largest movements
- Cash +€34,221
up €34,221 (+130.9%), from €26,151 to €60,372
mainly Net result for the year (+€35,285) and Depreciation (+€14,932)
- Tangible fixed assets +€7,018
up €7,018 (+3.6%), from €194,673 to €201,690
of which Leasing and similar rights: +€16,749
- Receivables within one year +€4,857
up €4,857 (+5.1%), from €95,758 to €100,616
of which Other amounts receivable: +€5,778
- Reserves +€35,285
up €35,285 (+19.3%), from €182,598 to €217,883
- Debts after one year -€12,131
down €12,131 (-14.4%), from €84,351 to €72,220
of which Financial debts: -€12,131
- Tax, wage and social debts +€11,328
up €11,328 (+68.0%), from €16,661 to €27,990
- Trade debts +€6,298
up €6,298 (+620.6%), from €1,015 to €7,313
- Current portion of long-term debt +€4,886
up €4,886 (+19.4%), from €25,122 to €30,008
- Gross operating margin +€14,597
up €14,597 (+23.1%), from €63,203 to €77,800
- Other operating charges +€5,095
up €5,095 (+147.8%), from €3,446 to €8,541
- Taxes +€3,799
up €3,799 (+25.7%), from €14,802 to €18,601
- Depreciation +€3,440
up €3,440 (+29.9%), from €11,492 to €14,932
- Financial charges -€2,057
down €2,057 (-25.1%), from €8,202 to €6,145
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 | €325,938 | €370,430 | +€44,492 | +13.7% |
| Fixed assets | 21/28 | €194,673 | €201,690 | +€7,018 | +3.6% |
| Tangible fixed assets | 22/27 | €194,673 | €201,690 | +€7,018 | +3.6% |
| Land and buildings | 22 | €191,295 | €180,888 | -€10,406 | -5.4% |
| Plant, machinery and equipment | 23 | €789 | €622 | -€167 | -21.2% |
| Furniture and vehicles | 24 | €2,590 | €3,432 | +€842 | +32.5% |
| Leasing and similar rights | 25 | - | €16,749 | +€16,749 | |
| Current assets | 29/58 | €131,265 | €168,740 | +€37,475 | +28.5% |
| Stocks and contracts in progress | 3 | €398 | €154 | -€244 | -61.3% |
| Stocks | 30/36 | €398 | €154 | -€244 | -61.3% |
| Amounts receivable within one year | 40/41 | €95,758 | €100,616 | +€4,857 | +5.1% |
| Trade receivables | 40 | €21,562 | €20,642 | -€920 | -4.3% |
| Other amounts receivable | 41 | €74,197 | €79,974 | +€5,778 | +7.8% |
| Cash at bank and in hand | 54/58 | €26,151 | €60,372 | +€34,221 | +130.9% |
| Deferred charges and accrued income | 490/1 | €8,958 | €7,598 | -€1,360 | -15.2% |
| Total equity and liabilities | 10/49 | €325,938 | €370,430 | +€44,492 | +13.7% |
| Equity | 10/15 | €194,998 | €230,283 | +€35,285 | +18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €182,598 | €217,883 | +€35,285 | +19.3% |
| Distributable reserves | 133 | €182,598 | €217,883 | +€35,285 | +19.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €130,941 | €140,148 | +€9,207 | +7.0% |
| Amounts payable after more than one year | 17 | €84,351 | €72,220 | -€12,131 | -14.4% |
| Financial debts | 170/4 | €46,851 | €34,720 | -€12,131 | -25.9% |
| Other amounts payable | 178/9 | €37,500 | €37,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,798 | €65,316 | +€22,518 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €25,122 | €30,008 | +€4,886 | +19.4% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €1,015 | €7,313 | +€6,298 | +620.6% |
| Suppliers | 440/4 | €1,015 | €7,313 | +€6,298 | +620.6% |
| Taxes, remuneration and social security | 45 | €16,661 | €27,990 | +€11,328 | +68.0% |
| Taxes | 450/3 | €16,661 | €27,990 | +€11,328 | +68.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €3,791 | €2,611 | -€1,180 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,492 | €14,932 | +€3,440 | +29.9% |
| Other operating charges | 640/8 | €3,446 | €8,541 | +€5,095 | +147.8% |
| Gross operating margin | 9900 | €63,203 | €77,800 | +€14,597 | +23.1% |
| Operating profit (loss) | 9901 | €48,265 | €54,327 | +€6,062 | +12.6% |
| Financial income | 75/76B | €4,865 | €5,703 | +€838 | +17.2% |
| Recurring financial income | 75 | €4,865 | €5,703 | +€838 | +17.2% |
| Financial charges | 65/66B | €8,202 | €6,145 | -€2,057 | -25.1% |
| Recurring financial charges | 65 | €8,202 | €6,145 | -€2,057 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €44,928 | €53,886 | +€8,958 | +19.9% |
| Income taxes | 67/77 | €14,802 | €18,601 | +€3,799 | +25.7% |
| Profit (loss) for the period | 9904 | €30,126 | €35,285 | +€5,159 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,126 | €35,285 | +€5,159 | +17.1% |
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.