WEHASHEM: 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.
WEHASHEM
Largest movements
- Tangible fixed assets +€332,789
up €332,789 (+23.2%), from €1.4m to €1.8m
of which Land and buildings: +€336,525
- Debts after one year +€506,399
up €506,399 (+232%), from €218,067 to €724,466
- Other debts -€126,668
down €126,668 (-11.2%), from €1.1m to €1.0m
- Profit (loss) carried forward -€78,361
down €78,361 (-86.7%), from -€90,332 to -€168,693
- Depreciation +€20,644
up €20,644 (+66.8%), from €30,891 to €51,536
- Financial charges +€14,097
up €14,097 (+83,023%), from €17 to €14,114
- Gross operating margin +€2,411
up €2,411 (+21.7%), from -€11,087 to -€8,676
- Other operating charges +€1,084
up €1,084 (+31.4%), from €3,457 to €4,541
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 | €1,633,198 | €1,958,107 | +€324,909 | +19.9% |
| Fixed assets | 21/28 | €1,432,882 | €1,765,671 | +€332,789 | +23.2% |
| Tangible fixed assets | 22/27 | €1,432,610 | €1,765,399 | +€332,789 | +23.2% |
| Land and buildings | 22 | €1,419,764 | €1,756,288 | +€336,525 | +23.7% |
| Plant, machinery and equipment | 23 | €12,846 | €9,111 | -€3,735 | -29.1% |
| Financial fixed assets | 28 | €272 | €272 | = | 0.0% |
| Current assets | 29/58 | €200,316 | €192,436 | -€7,881 | -3.9% |
| Stocks and contracts in progress | 3 | €41,912 | €37,995 | -€3,917 | -9.3% |
| Stocks | 30/36 | €41,912 | €37,995 | -€3,917 | -9.3% |
| Amounts receivable within one year | 40/41 | €33,594 | €29,510 | -€4,084 | -12.2% |
| Trade receivables | 40 | €22,444 | €21,248 | -€1,196 | -5.3% |
| Other amounts receivable | 41 | €11,150 | €8,263 | -€2,887 | -25.9% |
| Cash at bank and in hand | 54/58 | €124,810 | €124,930 | +€120 | +0.1% |
| Total equity and liabilities | 10/49 | €1,633,198 | €1,958,107 | +€324,909 | +19.9% |
| Equity | 10/15 | €284,668 | €206,307 | -€78,361 | -27.5% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,332 | -€168,693 | -€78,361 | -86.7% |
| Amounts payable | 17/49 | €1,348,530 | €1,751,800 | +€403,270 | +29.9% |
| Amounts payable after more than one year | 17 | €218,067 | €724,466 | +€506,399 | +232% |
| Financial debts | 170/4 | €218,067 | €724,466 | +€506,399 | +232% |
| Amounts payable within one year | 42/48 | €1,130,463 | €1,015,085 | -€115,379 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,748 | +€8,748 | |
| Trade debts | 44 | €1,161 | €5,435 | +€4,274 | +368% |
| Suppliers | 440/4 | €1,161 | €5,435 | +€4,274 | +368% |
| Taxes, remuneration and social security | 45 | €2,286 | €553 | -€1,734 | -75.8% |
| Taxes | 450/3 | €2,286 | €553 | -€1,734 | -75.8% |
| Other amounts payable | 47/48 | €1,127,016 | €1,000,349 | -€126,668 | -11.2% |
| Accrued charges and deferred income | 492/3 | - | €12,250 | +€12,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,891 | €51,536 | +€20,644 | +66.8% |
| Other operating charges | 640/8 | €3,457 | €4,541 | +€1,084 | +31.4% |
| Gross operating margin | 9900 | -€11,087 | -€8,676 | +€2,411 | +21.7% |
| Operating profit (loss) | 9901 | -€45,436 | -€64,752 | -€19,317 | -42.5% |
| Financial income | 75/76B | €475 | €506 | +€31 | +6.5% |
| Recurring financial income | 75 | €475 | €506 | +€31 | +6.5% |
| Financial charges | 65/66B | €17 | €14,114 | +€14,097 | +83,023% |
| Recurring financial charges | 65 | €17 | €14,114 | +€14,097 | +83,023% |
| Profit (loss) for the period before taxes | 9903 | -€44,978 | -€78,361 | -€33,383 | -74.2% |
| Profit (loss) for the period | 9904 | -€44,978 | -€78,361 | -€33,383 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,978 | -€78,361 | -€33,383 | -74.2% |
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 17 October 2026 via checked.be.