Weld Constructies: 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.
Weld Constructies
Largest movements
- Receivables within one year -€46,186
down €46,186 (-40.5%), from €113,964 to €67,778
of which Trade receivables: -€37,713
- Tangible fixed assets -€30,046
down €30,046 (-14.5%), from €207,910 to €177,864
of which Furniture and vehicles: -€19,770
- Cash -€28,096
down €28,096 (-27.7%), from €101,287 to €73,191
mainly Trade debts (-€70,766) and Stocks and contracts (-€22,467)
- Stocks and contracts +€22,467
up €22,467 (+26.9%), from €83,450 to €105,917
of which Stocks: +€19,267
- Trade debts -€70,766
down €70,766 (-65.2%), from €108,532 to €37,766
- Debts after one year -€21,859
down €21,859 (-15.1%), from €144,322 to €122,463
- Reserves +€12,872
up €12,872 (+6.3%), from €204,269 to €217,141
of which Distributable reserves: +€12,872
- Current portion of long-term debt -€7,395
down €7,395 (-15.0%), from €49,254 to €41,859
- Gross operating margin -€6,033
down €6,033 (-4.8%), from €124,672 to €118,640
- Depreciation -€4,016
down €4,016 (-7.5%), from €53,361 to €49,345
- Financial charges -€3,408
down €3,408 (-36.6%), from €9,307 to €5,899
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 | €515,767 | €430,291 | -€85,476 | -16.6% |
| Fixed assets | 21/28 | €207,910 | €177,864 | -€30,046 | -14.5% |
| Tangible fixed assets | 22/27 | €207,910 | €177,864 | -€30,046 | -14.5% |
| Land and buildings | 22 | €133,482 | €126,824 | -€6,658 | -5.0% |
| Plant, machinery and equipment | 23 | €19,313 | €15,695 | -€3,618 | -18.7% |
| Furniture and vehicles | 24 | €55,115 | €35,345 | -€19,770 | -35.9% |
| Current assets | 29/58 | €307,857 | €252,427 | -€55,430 | -18.0% |
| Stocks and contracts in progress | 3 | €83,450 | €105,917 | +€22,467 | +26.9% |
| Stocks | 30/36 | €83,450 | €102,717 | +€19,267 | +23.1% |
| Contracts in progress | 37 | - | €3,200 | +€3,200 | |
| Amounts receivable within one year | 40/41 | €113,964 | €67,778 | -€46,186 | -40.5% |
| Trade receivables | 40 | €99,751 | €62,039 | -€37,713 | -37.8% |
| Other amounts receivable | 41 | €14,213 | €5,739 | -€8,474 | -59.6% |
| Current investments | 50/53 | €2,176 | €2,187 | +€11 | +0.5% |
| Cash at bank and in hand | 54/58 | €101,287 | €73,191 | -€28,096 | -27.7% |
| Deferred charges and accrued income | 490/1 | €6,980 | €3,354 | -€3,626 | -52.0% |
| Total equity and liabilities | 10/49 | €515,767 | €430,291 | -€85,476 | -16.6% |
| Equity | 10/15 | €210,469 | €223,341 | +€12,872 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €204,269 | €217,141 | +€12,872 | +6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €202,409 | €215,281 | +€12,872 | +6.4% |
| Amounts payable | 17/49 | €305,297 | €206,949 | -€98,348 | -32.2% |
| Amounts payable after more than one year | 17 | €144,322 | €122,463 | -€21,859 | -15.1% |
| Financial debts | 170/4 | €144,322 | €122,463 | -€21,859 | -15.1% |
| Amounts payable within one year | 42/48 | €160,975 | €84,486 | -€76,489 | -47.5% |
| Current portion of amounts payable after more than one year | 42 | €49,254 | €41,859 | -€7,395 | -15.0% |
| Financial debts | 43 | €99 | €0 | -€99 | -100% |
| Credit institutions | 430/8 | €99 | €0 | -€99 | -100% |
| Trade debts | 44 | €108,532 | €37,766 | -€70,766 | -65.2% |
| Suppliers | 440/4 | €108,532 | €37,766 | -€70,766 | -65.2% |
| Taxes, remuneration and social security | 45 | €2,557 | €4,261 | +€1,705 | +66.7% |
| Taxes | 450/3 | €15 | €82 | +€67 | +431% |
| Remuneration and social security | 454/9 | €2,541 | €4,179 | +€1,638 | +64.5% |
| Other amounts payable | 47/48 | €534 | €600 | +€67 | +12.5% |
| Non-recurring operating income | 76A | €0 | €8,287 | +€8,287 | |
| Remuneration, social security and pensions | 62 | €40,522 | €39,521 | -€1,000 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,361 | €49,345 | -€4,016 | -7.5% |
| Other operating charges | 640/8 | €6,231 | €6,298 | +€68 | +1.1% |
| Gross operating margin | 9900 | €124,672 | €118,640 | -€6,033 | -4.8% |
| Operating profit (loss) | 9901 | €24,559 | €23,475 | -€1,084 | -4.4% |
| Financial income | 75/76B | €7 | €116 | +€109 | +1,481% |
| Recurring financial income | 75 | €7 | €116 | +€109 | +1,481% |
| Financial charges | 65/66B | €9,307 | €5,899 | -€3,408 | -36.6% |
| Recurring financial charges | 65 | €9,307 | €5,899 | -€3,408 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €15,259 | €17,693 | +€2,433 | +15.9% |
| Income taxes | 67/77 | €4,435 | €4,821 | +€386 | +8.7% |
| Profit (loss) for the period | 9904 | €10,825 | €12,872 | +€2,047 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,825 | €12,872 | +€2,047 | +18.9% |
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 24 October 2026 via checked.be.