WEKT: 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.
WEKT
Largest movements
- Tangible fixed assets +€56,620
up €56,620 (+45.6%), from €124,255 to €180,875
of which Plant, machinery and equipment: +€30,123
- Financial fixed assets +€34,220
up €34,220 (+53.5%), from €64,000 to €98,220
- Cash -€14,410
down €14,410 (-73.4%), from €19,621 to €5,211
mainly Net result for the year (-€230,419) and Investment in fixed assets (net) (-€132,906)
- Receivables within one year +€8,542
up €8,542 (+2.0%), from €430,717 to €439,259
of which Other amounts receivable: +€103,394
- Trade debts +€292,912
up €292,912 (+73.3%), from €399,821 to €692,732
- Profit (loss) carried forward -€230,419
down €230,419, from €198,793 to -€31,626
- Other debts +€35,000
new in 2024: €35,000
- Tax, wage and social debts -€12,520
down €12,520 (-32.6%), from €38,413 to €25,893
of which Taxes: -€15,173
- Gross operating margin -€281,326
down €281,326, from €178,693 to -€102,633
- Financial charges +€34,869
up €34,869 (+611%), from €5,711 to €40,580
of which Non-recurring financial charges: +€36,797
- Depreciation +€10,404
up €10,404 (+32.9%), from €31,662 to €42,065
- Taxes +€10,046
up €10,046 (+203%), from €4,948 to €14,994
- Staff costs -€6,210
down €6,210 (-35.0%), from €17,759 to €11,549
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €639,026 | €723,999 | +€84,973 | +13.3% |
| Fixed assets | 21/28 | €188,255 | €279,096 | +€90,841 | +48.3% |
| Tangible fixed assets | 22/27 | €124,255 | €180,875 | +€56,620 | +45.6% |
| Plant, machinery and equipment | 23 | €71,361 | €101,485 | +€30,123 | +42.2% |
| Furniture and vehicles | 24 | €49,563 | €57,069 | +€7,505 | +15.1% |
| Other tangible fixed assets | 26 | €3,330 | €22,322 | +€18,992 | +570% |
| Financial fixed assets | 28 | €64,000 | €98,220 | +€34,220 | +53.5% |
| Current assets | 29/58 | €450,771 | €444,904 | -€5,868 | -1.3% |
| Amounts receivable within one year | 40/41 | €430,717 | €439,259 | +€8,542 | +2.0% |
| Trade receivables | 40 | €318,138 | €223,286 | -€94,852 | -29.8% |
| Other amounts receivable | 41 | €112,579 | €215,973 | +€103,394 | +91.8% |
| Cash at bank and in hand | 54/58 | €19,621 | €5,211 | -€14,410 | -73.4% |
| Deferred charges and accrued income | 490/1 | €433 | €433 | = | 0.0% |
| Total equity and liabilities | 10/49 | €639,026 | €723,999 | +€84,973 | +13.3% |
| Equity | 10/15 | €200,793 | -€29,626 | -€230,419 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,793 | -€31,626 | -€230,419 | |
| Amounts payable | 17/49 | €438,233 | €753,625 | +€315,392 | +72.0% |
| Amounts payable within one year | 42/48 | €438,233 | €753,625 | +€315,392 | +72.0% |
| Trade debts | 44 | €399,821 | €692,732 | +€292,912 | +73.3% |
| Suppliers | 440/4 | €399,821 | €692,732 | +€292,912 | +73.3% |
| Taxes, remuneration and social security | 45 | €38,413 | €25,893 | -€12,520 | -32.6% |
| Taxes | 450/3 | €17,065 | €1,893 | -€15,173 | -88.9% |
| Remuneration and social security | 454/9 | €21,347 | €24,000 | +€2,653 | +12.4% |
| Other amounts payable | 47/48 | - | €35,000 | +€35,000 | |
| Remuneration, social security and pensions | 62 | €17,759 | €11,549 | -€6,210 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,662 | €42,065 | +€10,404 | +32.9% |
| Other operating charges | 640/8 | €384 | €821 | +€437 | +114% |
| Non-recurring operating charges | 66A | €13,425 | €17,776 | +€4,351 | +32.4% |
| Gross operating margin | 9900 | €178,693 | -€102,633 | -€281,326 | |
| Operating profit (loss) | 9901 | €115,462 | -€174,845 | -€290,307 | |
| Financial charges | 65/66B | €5,711 | €40,580 | +€34,869 | +611% |
| Recurring financial charges | 65 | €3,508 | €1,580 | -€1,928 | -55.0% |
| Non-recurring financial charges | 66B | €2,203 | €39,000 | +€36,797 | +1,670% |
| Profit (loss) for the period before taxes | 9903 | €109,751 | -€215,425 | -€325,176 | |
| Income taxes | 67/77 | €4,948 | €14,994 | +€10,046 | +203% |
| Profit (loss) for the period | 9904 | €104,803 | -€230,419 | -€335,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,803 | -€230,419 | -€335,222 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.