Wegrico: 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.
Wegrico
Largest movements
- Current investments -€61,303
down €61,303 (-88.5%), from €69,303 to €8,000
- Cash -€13,574
down €13,574 (-45.0%), from €30,178 to €16,603
mainly Contributions, distributions and other (-€254,012) and Investment in fixed assets (net) (-€35,371)
- Tangible fixed assets +€11,542
up €11,542 (+13.1%), from €88,136 to €99,678
of which Other tangible fixed assets: +€27,698
- Receivables within one year -€3,986
down €3,986 (-9.7%), from €41,211 to €37,225
of which Trade receivables: -€2,705
- Reserves -€164,667
down €164,667 (-92.0%), from €179,012 to €14,345
- Other debts +€133,883
up €133,883 (+1,029%), from €13,009 to €146,891
- Current portion of long-term debt -€19,400
no longer reported in 2025 (was €19,400)
- Tax, wage and social debts -€13,831
down €13,831 (-91.5%), from €15,114 to €1,283
- Trade debts -€3,068
down €3,068 (-75.5%), from €4,064 to €996
- Gross operating margin +€18,854
up €18,854 (+16.2%), from €116,686 to €135,540
- Other operating charges -€15,092
down €15,092 (-84.9%), from €17,778 to €2,686
- Depreciation +€6,170
up €6,170 (+34.9%), from €17,659 to €23,829
- Taxes +€4,610
up €4,610 (+24.2%), from €19,022 to €23,632
- Financial income +€3,207
up €3,207 (+317%), from €1,010 to €4,218
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 | €235,600 | €168,516 | -€67,084 | -28.5% |
| Fixed assets | 21/28 | €88,136 | €99,678 | +€11,542 | +13.1% |
| Tangible fixed assets | 22/27 | €88,136 | €99,678 | +€11,542 | +13.1% |
| Plant, machinery and equipment | 23 | €3,277 | €1,225 | -€2,052 | -62.6% |
| Furniture and vehicles | 24 | €84,858 | €70,754 | -€14,104 | -16.6% |
| Other tangible fixed assets | 26 | - | €27,698 | +€27,698 | |
| Current assets | 29/58 | €147,464 | €68,838 | -€78,626 | -53.3% |
| Amounts receivable within one year | 40/41 | €41,211 | €37,225 | -€3,986 | -9.7% |
| Trade receivables | 40 | €39,930 | €37,225 | -€2,705 | -6.8% |
| Other amounts receivable | 41 | €1,281 | - | -€1,281 | |
| Current investments | 50/53 | €69,303 | €8,000 | -€61,303 | -88.5% |
| Cash at bank and in hand | 54/58 | €30,178 | €16,603 | -€13,574 | -45.0% |
| Deferred charges and accrued income | 490/1 | €6,772 | €7,010 | +€238 | +3.5% |
| Total equity and liabilities | 10/49 | €235,600 | €168,516 | -€67,084 | -28.5% |
| Equity | 10/15 | €184,012 | €19,345 | -€164,667 | -89.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €179,012 | €14,345 | -€164,667 | -92.0% |
| Distributable reserves | 133 | €179,012 | €14,345 | -€164,667 | -92.0% |
| Amounts payable | 17/49 | €51,588 | €149,171 | +€97,583 | +189% |
| Amounts payable within one year | 42/48 | €51,588 | €149,171 | +€97,583 | +189% |
| Current portion of amounts payable after more than one year | 42 | €19,400 | - | -€19,400 | |
| Trade debts | 44 | €4,064 | €996 | -€3,068 | -75.5% |
| Suppliers | 440/4 | €4,064 | €996 | -€3,068 | -75.5% |
| Taxes, remuneration and social security | 45 | €15,114 | €1,283 | -€13,831 | -91.5% |
| Taxes | 450/3 | €15,114 | €1,283 | -€13,831 | -91.5% |
| Other amounts payable | 47/48 | €13,009 | €146,891 | +€133,883 | +1,029% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,659 | €23,829 | +€6,170 | +34.9% |
| Other operating charges | 640/8 | €17,778 | €2,686 | -€15,092 | -84.9% |
| Gross operating margin | 9900 | €116,686 | €135,540 | +€18,854 | +16.2% |
| Operating profit (loss) | 9901 | €81,250 | €109,025 | +€27,776 | +34.2% |
| Financial income | 75/76B | €1,010 | €4,218 | +€3,207 | +317% |
| Recurring financial income | 75 | €1,010 | €4,218 | +€3,207 | +317% |
| Financial charges | 65/66B | €2,977 | €266 | -€2,711 | -91.1% |
| Recurring financial charges | 65 | €2,977 | €266 | -€2,711 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €79,283 | €112,977 | +€33,694 | +42.5% |
| Income taxes | 67/77 | €19,022 | €23,632 | +€4,610 | +24.2% |
| Profit (loss) for the period | 9904 | €60,261 | €89,345 | +€29,084 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,261 | €89,345 | +€29,084 | +48.3% |
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 16 October 2026 via checked.be.