Welat Auto's: 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.
Welat Auto's
Largest movements
- Receivables within one year -€53,805
down €53,805 (-16.1%), from €333,258 to €279,453
of which Trade receivables: -€53,375
- Stocks and contracts -€23,791
down €23,791 (-12.0%), from €198,500 to €174,709
- Cash -€6,598
down €6,598 (-79.9%), from €8,257 to €1,659
mainly Trade debts (-€177,276) and Tax, wage and social debts (-€31,942)
- Trade debts -€177,276
down €177,276 (-88.2%), from €201,092 to €23,815
- Other debts +€74,751
up €74,751 (+142%), from €52,655 to €127,406
- Advances received +€41,200
up €41,200 (+178%), from €23,100 to €64,300
- Tax, wage and social debts -€31,942
down €31,942 (-72.8%), from €43,868 to €11,926
of which Remuneration and social security: -€19,343
- Profit (loss) carried forward +€8,684
up €8,684 (+55.9%), from €15,541 to €24,225
- Gross operating margin -€21,103
down €21,103 (-34.9%), from €60,539 to €39,436
- Other operating charges -€20,506
down €20,506 (-83.1%), from €24,672 to €4,167
- Staff costs -€16,333
down €16,333 (-43.8%), from €37,256 to €20,923
- Taxes -€606
down €606 (-14.5%), from €4,175 to €3,569
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 | €544,595 | €459,111 | -€85,484 | -15.7% |
| Fixed assets | 21/28 | €4,580 | €3,289 | -€1,290 | -28.2% |
| Tangible fixed assets | 22/27 | €4,080 | €2,789 | -€1,290 | -31.6% |
| Plant, machinery and equipment | 23 | €4,080 | €2,789 | -€1,290 | -31.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €540,015 | €455,821 | -€84,194 | -15.6% |
| Stocks and contracts in progress | 3 | €198,500 | €174,709 | -€23,791 | -12.0% |
| Stocks | 30/36 | €198,500 | €174,709 | -€23,791 | -12.0% |
| Amounts receivable within one year | 40/41 | €333,258 | €279,453 | -€53,805 | -16.1% |
| Trade receivables | 40 | €332,647 | €279,272 | -€53,375 | -16.0% |
| Other amounts receivable | 41 | €611 | €182 | -€429 | -70.3% |
| Cash at bank and in hand | 54/58 | €8,257 | €1,659 | -€6,598 | -79.9% |
| Total equity and liabilities | 10/49 | €544,595 | €459,111 | -€85,484 | -15.7% |
| Equity | 10/15 | €57,041 | €65,725 | +€8,684 | +15.2% |
| Contributions | 10/11 | €41,500 | €41,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,541 | €24,225 | +€8,684 | +55.9% |
| Amounts payable | 17/49 | €487,554 | €393,385 | -€94,169 | -19.3% |
| Amounts payable after more than one year | 17 | €165,938 | €165,938 | = | 0.0% |
| Financial debts | 170/4 | €165,938 | €165,938 | = | 0.0% |
| Amounts payable within one year | 42/48 | €321,616 | €227,448 | -€94,169 | -29.3% |
| Financial debts | 43 | €902 | - | -€902 | |
| Credit institutions | 430/8 | €902 | - | -€902 | |
| Trade debts | 44 | €201,092 | €23,815 | -€177,276 | -88.2% |
| Suppliers | 440/4 | €201,092 | €23,815 | -€177,276 | -88.2% |
| Advances received on contracts in progress | 46 | €23,100 | €64,300 | +€41,200 | +178% |
| Taxes, remuneration and social security | 45 | €43,868 | €11,926 | -€31,942 | -72.8% |
| Taxes | 450/3 | €22,475 | €9,876 | -€12,599 | -56.1% |
| Remuneration and social security | 454/9 | €21,393 | €2,050 | -€19,343 | -90.4% |
| Other amounts payable | 47/48 | €52,655 | €127,406 | +€74,751 | +142% |
| Non-recurring operating income | 76A | - | €465 | +€465 | |
| Remuneration, social security and pensions | 62 | €37,256 | €20,923 | -€16,333 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,290 | €1,290 | = | 0.0% |
| Other operating charges | 640/8 | €24,672 | €4,167 | -€20,506 | -83.1% |
| Gross operating margin | 9900 | €60,539 | €39,436 | -€21,103 | -34.9% |
| Operating profit (loss) | 9901 | -€2,680 | €13,056 | +€15,736 | |
| Financial income | 75/76B | €0 | €224 | +€224 | +203,691% |
| Recurring financial income | 75 | €0 | €224 | +€224 | +203,691% |
| Financial charges | 65/66B | €994 | €1,027 | +€33 | +3.3% |
| Recurring financial charges | 65 | €994 | €1,027 | +€33 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,674 | €12,253 | +€15,927 | |
| Income taxes | 67/77 | €4,175 | €3,569 | -€606 | -14.5% |
| Profit (loss) for the period | 9904 | -€7,849 | €8,684 | +€16,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,849 | €8,684 | +€16,534 |
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 20 October 2026 via checked.be.