WELD SUPPLY: 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 SUPPLY
Largest movements
- Receivables within one year -€242,888
down €242,888 (-34.6%), from €701,855 to €458,968
of which Trade receivables: -€245,333
- Cash +€113,108
up €113,108 (+96.6%), from €117,068 to €230,176
mainly Receivables within one year (+€242,888) and Net result for the year (+€29,835)
- Tangible fixed assets +€16,125
up €16,125 (+1,296%), from €1,244 to €17,369
- Stocks and contracts +€15,369
up €15,369 (+7.3%), from €209,367 to €224,736
- Trade debts -€66,942
down €66,942 (-11.4%), from €586,041 to €519,098
- Other debts -€45,000
down €45,000 (-98.2%), from €45,844 to €844
- Reserves +€29,835
up €29,835 (+36.4%), from €81,890 to €111,725
- Tax, wage and social debts -€26,509
down €26,509 (-28.5%), from €92,902 to €66,393
of which Taxes: -€20,212
- Accrued charges and deferred income +€11,518
up €11,518 (+1,071%), from €1,076 to €12,594
- Staff costs +€51,427
up €51,427 (+21.7%), from €236,492 to €287,919
- Gross operating margin +€9,820
up €9,820 (+2.9%), from €344,438 to €354,258
- Financial charges +€8,225
up €8,225 (+512%), from €1,607 to €9,833
- Depreciation +€3,649
up €3,649 (+1,064%), from €343 to €3,991
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 | €1,033,954 | €936,856 | -€97,098 | -9.4% |
| Fixed assets | 21/28 | €1,244 | €17,369 | +€16,125 | +1,296% |
| Tangible fixed assets | 22/27 | €1,244 | €17,369 | +€16,125 | +1,296% |
| Furniture and vehicles | 24 | €1,244 | €17,369 | +€16,125 | +1,296% |
| Current assets | 29/58 | €1,032,710 | €919,487 | -€113,223 | -11.0% |
| Stocks and contracts in progress | 3 | €209,367 | €224,736 | +€15,369 | +7.3% |
| Stocks | 30/36 | €209,367 | €224,736 | +€15,369 | +7.3% |
| Amounts receivable within one year | 40/41 | €701,855 | €458,968 | -€242,888 | -34.6% |
| Trade receivables | 40 | €697,739 | €452,406 | -€245,333 | -35.2% |
| Other amounts receivable | 41 | €4,116 | €6,561 | +€2,445 | +59.4% |
| Cash at bank and in hand | 54/58 | €117,068 | €230,176 | +€113,108 | +96.6% |
| Deferred charges and accrued income | 490/1 | €4,419 | €5,607 | +€1,188 | +26.9% |
| Total equity and liabilities | 10/49 | €1,033,954 | €936,856 | -€97,098 | -9.4% |
| Equity | 10/15 | €88,091 | €117,926 | +€29,835 | +33.9% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €81,890 | €111,725 | +€29,835 | +36.4% |
| Distributable reserves | 133 | €81,890 | €111,725 | +€29,835 | +36.4% |
| Amounts payable | 17/49 | €945,863 | €818,930 | -€126,933 | -13.4% |
| Amounts payable after more than one year | 17 | €220,000 | €220,000 | = | 0.0% |
| Other amounts payable | 178/9 | €220,000 | €220,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €724,787 | €586,336 | -€138,451 | -19.1% |
| Trade debts | 44 | €586,041 | €519,098 | -€66,942 | -11.4% |
| Suppliers | 440/4 | €586,041 | €519,098 | -€66,942 | -11.4% |
| Taxes, remuneration and social security | 45 | €92,902 | €66,393 | -€26,509 | -28.5% |
| Taxes | 450/3 | €50,669 | €30,457 | -€20,212 | -39.9% |
| Remuneration and social security | 454/9 | €42,233 | €35,937 | -€6,297 | -14.9% |
| Other amounts payable | 47/48 | €45,844 | €844 | -€45,000 | -98.2% |
| Accrued charges and deferred income | 492/3 | €1,076 | €12,594 | +€11,518 | +1,071% |
| Remuneration, social security and pensions | 62 | €236,492 | €287,919 | +€51,427 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €343 | €3,991 | +€3,649 | +1,064% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,314 | - | -€3,314 | |
| Other operating charges | 640/8 | €1,987 | €4,040 | +€2,054 | +103% |
| Gross operating margin | 9900 | €344,438 | €354,258 | +€9,820 | +2.9% |
| Operating profit (loss) | 9901 | €102,302 | €58,307 | -€43,995 | -43.0% |
| Financial income | 75/76B | €786 | €388 | -€399 | -50.7% |
| Recurring financial income | 75 | €786 | €388 | -€399 | -50.7% |
| Financial charges | 65/66B | €1,607 | €9,833 | +€8,225 | +512% |
| Recurring financial charges | 65 | €1,607 | €9,833 | +€8,225 | +512% |
| Profit (loss) for the period before taxes | 9903 | €101,481 | €48,863 | -€52,619 | -51.9% |
| Income taxes | 67/77 | €19,511 | €19,028 | -€483 | -2.5% |
| Profit (loss) for the period | 9904 | €81,970 | €29,835 | -€52,135 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,970 | €29,835 | -€52,135 | -63.6% |
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 17 October 2026 via checked.be.