Weld Conception: 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.
Weld Conception
Largest movements
- Receivables within one year +€106,650
up €106,650 (+63.0%), from €169,408 to €276,058
of which Trade receivables: +€64,226
- Cash -€40,125
down €40,125 (-40.0%), from €100,273 to €60,149
mainly Receivables within one year (-€106,650) and Contributions, distributions and other (-€50,000)
- Tangible fixed assets +€6,579
up €6,579 (+20.0%), from €32,899 to €39,478
of which Furniture and vehicles: +€9,768
- Profit (loss) carried forward +€66,102
up €66,102 (+37.5%), from €176,426 to €242,528
- Current portion of long-term debt +€55,308
up €55,308 (+748.3%), from €7,391 to €62,699
- Trade debts -€30,953
down €30,953 (-45.3%), from €68,261 to €37,308
- Other debts -€8,800
down €8,800 (-77.7%), from €11,327 to €2,527
- Debts after one year -€7,699
down €7,699 (-57.9%), from €13,299 to €5,600
- Gross operating margin +€88,028
up €88,028 (+39.4%), from €223,378 to €311,407
- Taxes +€20,577
up €20,577 (+154.5%), from €13,316 to €33,893
- Staff costs -€10,321
down €10,321 (-8.0%), from €129,191 to €118,870
- Depreciation +€8,022
up €8,022 (+32.2%), from €24,883 to €32,905
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.
Cash bridge derived
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 | €332,125 | €404,205 | +€72,080 | +21.7% |
| Fixed assets | 21/28 | €36,132 | €40,662 | +€4,530 | +12.5% |
| Intangible fixed assets | 21 | €1,781 | €821 | -€960 | -53.9% |
| Tangible fixed assets | 22/27 | €32,899 | €39,478 | +€6,579 | +20.0% |
| Plant, machinery and equipment | 23 | €24,166 | €20,977 | -€3,189 | -13.2% |
| Furniture and vehicles | 24 | €8,733 | €18,501 | +€9,768 | +111.8% |
| Financial fixed assets | 28 | €1,452 | €363 | -€1,089 | -75.0% |
| Current assets | 29/58 | €295,993 | €363,543 | +€67,550 | +22.8% |
| Stocks and contracts in progress | 3 | €24,355 | €25,605 | +€1,250 | +5.1% |
| Stocks | 30/36 | €24,355 | €25,605 | +€1,250 | +5.1% |
| Amounts receivable within one year | 40/41 | €169,408 | €276,058 | +€106,650 | +63.0% |
| Trade receivables | 40 | €153,436 | €217,661 | +€64,226 | +41.9% |
| Other amounts receivable | 41 | €15,972 | €58,396 | +€42,424 | +265.6% |
| Cash at bank and in hand | 54/58 | €100,273 | €60,149 | -€40,125 | -40.0% |
| Deferred charges and accrued income | 490/1 | €1,956 | €1,732 | -€224 | -11.5% |
| Total equity and liabilities | 10/49 | €332,125 | €404,205 | +€72,080 | +21.7% |
| Equity | 10/15 | €196,426 | €262,528 | +€66,102 | +33.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,426 | €242,528 | +€66,102 | +37.5% |
| Amounts payable | 17/49 | €135,698 | €141,677 | +€5,978 | +4.4% |
| Amounts payable after more than one year | 17 | €13,299 | €5,600 | -€7,699 | -57.9% |
| Financial debts | 170/4 | €13,299 | €5,600 | -€7,699 | -57.9% |
| Amounts payable within one year | 42/48 | €122,399 | €136,077 | +€13,678 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €7,391 | €62,699 | +€55,308 | +748.3% |
| Trade debts | 44 | €68,261 | €37,308 | -€30,953 | -45.3% |
| Suppliers | 440/4 | €68,261 | €37,308 | -€30,953 | -45.3% |
| Taxes, remuneration and social security | 45 | €35,420 | €33,542 | -€1,878 | -5.3% |
| Taxes | 450/3 | €13,316 | €20,816 | +€7,500 | +56.3% |
| Remuneration and social security | 454/9 | €22,104 | €12,726 | -€9,378 | -42.4% |
| Other amounts payable | 47/48 | €11,327 | €2,527 | -€8,800 | -77.7% |
| Remuneration, social security and pensions | 62 | €129,191 | €118,870 | -€10,321 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,883 | €32,905 | +€8,022 | +32.2% |
| Other operating charges | 640/8 | €2,570 | €2,401 | -€168 | -6.6% |
| Gross operating margin | 9900 | €223,378 | €311,407 | +€88,028 | +39.4% |
| Operating profit (loss) | 9901 | €66,735 | €157,231 | +€90,496 | +135.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | +17000.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +17000.0% |
| Financial charges | 65/66B | €7,465 | €7,238 | -€227 | -3.0% |
| Recurring financial charges | 65 | €7,465 | €7,238 | -€227 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €59,271 | €149,995 | +€90,725 | +153.1% |
| Income taxes | 67/77 | €13,316 | €33,893 | +€20,577 | +154.5% |
| Profit (loss) for the period | 9904 | €45,954 | €116,102 | +€70,148 | +152.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,954 | €116,102 | +€70,148 | +152.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.