WEIMAT: 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.
WEIMAT
Largest movements
- Receivables within one year -€713,092
down €713,092 (-23.0%), from €3.1m to €2.4m
of which Trade receivables: -€830,952
- Tangible fixed assets +€289,655
up €289,655 (+12.3%), from €2.3m to €2.6m
of which Leasing and similar rights: +€583,636
- Cash +€100,801
up €100,801 (+36.2%), from €278,672 to €379,473
mainly Depreciation (+€720,728) and Receivables within one year (+€713,092)
- Stocks and contracts -€64,041
down €64,041 (-24.4%), from €261,954 to €197,913
of which Contracts in progress: -€34,243
- Advances received -€306,060
down €306,060 (-96.6%), from €316,900 to €10,840
- Current portion of long-term debt +€283,798
up €283,798 (+55.7%), from €509,385 to €793,184
- Trade debts -€196,163
down €196,163 (-15.8%), from €1.2m to €1.0m
- Profit (loss) carried forward -€111,415
down €111,415 (-33.0%), from €337,939 to €226,523
- Debts after one year +€107,868
up €107,868 (+6.2%), from €1.7m to €1.8m
- Gross operating margin -€457,490
down €457,490 (-15.9%), from €2.9m to €2.4m
- Financial charges -€98,865
down €98,865 (-46.6%), from €212,100 to €113,235
- Write-downs -€90,000
new in 2025: -€90,000
- Financial income +€67,754
up €67,754 (+193.4%), from €35,042 to €102,796
- Depreciation +€37,520
up €37,520 (+5.5%), from €683,208 to €720,728
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 | €6,089,824 | €5,773,558 | -€316,266 | -5.2% |
| Fixed assets | 21/28 | €2,351,150 | €2,690,697 | +€339,547 | +14.4% |
| Intangible fixed assets | 21 | - | €49,892 | +€49,892 | |
| Tangible fixed assets | 22/27 | €2,349,547 | €2,639,202 | +€289,655 | +12.3% |
| Land and buildings | 22 | €512,377 | €670,637 | +€158,260 | +30.9% |
| Plant, machinery and equipment | 23 | €933,728 | €450,680 | -€483,048 | -51.7% |
| Furniture and vehicles | 24 | €224,147 | €254,955 | +€30,807 | +13.7% |
| Leasing and similar rights | 25 | €679,295 | €1,262,930 | +€583,636 | +85.9% |
| Financial fixed assets | 28 | €1,603 | €1,603 | = | 0.0% |
| Current assets | 29/58 | €3,738,674 | €3,082,861 | -€655,814 | -17.5% |
| Stocks and contracts in progress | 3 | €261,954 | €197,913 | -€64,041 | -24.4% |
| Stocks | 30/36 | €85,038 | €55,240 | -€29,798 | -35.0% |
| Contracts in progress | 37 | €176,916 | €142,674 | -€34,243 | -19.4% |
| Amounts receivable within one year | 40/41 | €3,107,100 | €2,394,008 | -€713,092 | -23.0% |
| Trade receivables | 40 | €2,846,650 | €2,015,698 | -€830,952 | -29.2% |
| Other amounts receivable | 41 | €260,450 | €378,310 | +€117,860 | +45.3% |
| Cash at bank and in hand | 54/58 | €278,672 | €379,473 | +€100,801 | +36.2% |
| Deferred charges and accrued income | 490/1 | €90,948 | €111,466 | +€20,519 | +22.6% |
| Total equity and liabilities | 10/49 | €6,089,824 | €5,773,558 | -€316,266 | -5.2% |
| Equity | 10/15 | €556,718 | €415,649 | -€141,069 | -25.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €55,752 | €55,752 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €49,552 | €49,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €337,939 | €226,523 | -€111,415 | -33.0% |
| Investment grants | 15 | €101,027 | €71,373 | -€29,654 | -29.4% |
| Provisions and deferred taxes | 16 | €2,131 | €2,131 | = | 0.0% |
| Deferred taxes | 168 | €2,131 | €2,131 | = | 0.0% |
| Amounts payable | 17/49 | €5,530,976 | €5,355,778 | -€175,197 | -3.2% |
| Amounts payable after more than one year | 17 | €1,731,081 | €1,838,949 | +€107,868 | +6.2% |
| Financial debts | 170/4 | €1,731,081 | €1,838,949 | +€107,868 | +6.2% |
| Amounts payable within one year | 42/48 | €3,742,041 | €3,506,851 | -€235,191 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €509,385 | €793,184 | +€283,798 | +55.7% |
| Financial debts | 43 | €1,351,267 | €1,354,975 | +€3,708 | +0.3% |
| Credit institutions | 430/8 | €1,351,267 | €1,354,975 | +€3,708 | +0.3% |
| Trade debts | 44 | €1,243,053 | €1,046,889 | -€196,163 | -15.8% |
| Suppliers | 440/4 | €1,243,053 | €1,046,889 | -€196,163 | -15.8% |
| Advances received on contracts in progress | 46 | €316,900 | €10,840 | -€306,060 | -96.6% |
| Taxes, remuneration and social security | 45 | €321,436 | €300,962 | -€20,474 | -6.4% |
| Taxes | 450/3 | €80,353 | €66,187 | -€14,166 | -17.6% |
| Remuneration and social security | 454/9 | €241,083 | €234,776 | -€6,308 | -2.6% |
| Accrued charges and deferred income | 492/3 | €57,853 | €9,979 | -€47,874 | -82.8% |
| Remuneration, social security and pensions | 62 | €1,863,484 | €1,831,728 | -€31,756 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683,208 | €720,728 | +€37,520 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€90,000 | -€90,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,000 | - | +€3,000 | |
| Other operating charges | 640/8 | €40,469 | €50,298 | +€9,829 | +24.3% |
| Non-recurring operating charges | 66A | €6,903 | €4,458 | -€2,445 | -35.4% |
| Gross operating margin | 9900 | €2,877,554 | €2,420,064 | -€457,490 | -15.9% |
| Operating profit (loss) | 9901 | €286,489 | -€97,148 | -€383,637 | |
| Financial income | 75/76B | €35,042 | €102,796 | +€67,754 | +193.4% |
| Recurring financial income | 75 | €35,042 | €102,796 | +€67,754 | +193.4% |
| Financial charges | 65/66B | €212,100 | €113,235 | -€98,865 | -46.6% |
| Recurring financial charges | 65 | €212,100 | €113,235 | -€98,865 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €109,431 | -€107,587 | -€217,018 | |
| Income taxes | 67/77 | €22,955 | €3,828 | -€19,127 | -83.3% |
| Profit (loss) for the period | 9904 | €86,476 | -€111,415 | -€197,891 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,476 | -€111,415 | -€197,891 |
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 4 October 2026 via checked.be.