WELD - TOORTS: 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 - TOORTS
Largest movements
- Stocks and contracts +€124,123
up €124,123 (+20.3%), from €612,311 to €736,433
- Tangible fixed assets -€44,668
down €44,668 (-6.5%), from €684,872 to €640,203
- Short-term financial debts +€120,436
up €120,436 (+35.6%), from €338,381 to €458,818
- Reserves +€113,089
up €113,089 (+16.9%), from €667,852 to €780,941
of which Distributable reserves: +€113,089
- Debts after one year -€62,625
down €62,625 (-28.3%), from €221,225 to €158,600
- Current portion of long-term debt -€44,438
down €44,438 (-40.5%), from €109,598 to €65,160
- Other debts -€38,038
down €38,038 (-99.1%), from €38,399 to €361
- Staff costs +€30,325
up €30,325 (+16.0%), from €189,058 to €219,383
- Financial charges +€21,945
up €21,945 (+89.7%), from €24,452 to €46,397
- Taxes -€10,056
down €10,056 (-14.8%), from €68,154 to €58,098
- Gross operating margin +€8,238
up €8,238 (+1.7%), from €479,250 to €487,488
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 | €1,889,627 | €1,970,998 | +€81,371 | +4.3% |
| Fixed assets | 21/28 | €684,872 | €640,203 | -€44,668 | -6.5% |
| Tangible fixed assets | 22/27 | €684,872 | €640,203 | -€44,668 | -6.5% |
| Land and buildings | 22 | €566,240 | €546,429 | -€19,811 | -3.5% |
| Plant, machinery and equipment | 23 | €43,471 | €34,482 | -€8,989 | -20.7% |
| Furniture and vehicles | 24 | €54,977 | €46,791 | -€8,186 | -14.9% |
| Leasing and similar rights | 25 | €20,183 | €12,501 | -€7,682 | -38.1% |
| Current assets | 29/58 | €1,204,755 | €1,330,795 | +€126,040 | +10.5% |
| Stocks and contracts in progress | 3 | €612,311 | €736,433 | +€124,123 | +20.3% |
| Stocks | 30/36 | €612,311 | €736,433 | +€124,123 | +20.3% |
| Amounts receivable within one year | 40/41 | €552,340 | €543,042 | -€9,298 | -1.7% |
| Trade receivables | 40 | €548,825 | €540,922 | -€7,903 | -1.4% |
| Other amounts receivable | 41 | €3,515 | €2,120 | -€1,395 | -39.7% |
| Cash at bank and in hand | 54/58 | €39,855 | €51,320 | +€11,465 | +28.8% |
| Deferred charges and accrued income | 490/1 | €250 | €0 | -€250 | -100% |
| Total equity and liabilities | 10/49 | €1,889,627 | €1,970,998 | +€81,371 | +4.3% |
| Equity | 10/15 | €686,452 | €799,541 | +€113,089 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €667,852 | €780,941 | +€113,089 | +16.9% |
| 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 | €665,992 | €779,081 | +€113,089 | +17.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,203,175 | €1,171,458 | -€31,718 | -2.6% |
| Amounts payable after more than one year | 17 | €221,225 | €158,600 | -€62,625 | -28.3% |
| Financial debts | 170/4 | €221,225 | €158,600 | -€62,625 | -28.3% |
| Amounts payable within one year | 42/48 | €981,950 | €1,012,858 | +€30,908 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €109,598 | €65,160 | -€44,438 | -40.5% |
| Financial debts | 43 | €338,381 | €458,818 | +€120,436 | +35.6% |
| Credit institutions | 430/8 | €338,381 | €458,818 | +€120,436 | +35.6% |
| Trade debts | 44 | €442,535 | €416,664 | -€25,871 | -5.8% |
| Suppliers | 440/4 | €442,535 | €416,664 | -€25,871 | -5.8% |
| Taxes, remuneration and social security | 45 | €53,037 | €71,855 | +€18,818 | +35.5% |
| Taxes | 450/3 | €18,262 | €36,491 | +€18,229 | +99.8% |
| Remuneration and social security | 454/9 | €34,775 | €35,363 | +€589 | +1.7% |
| Other amounts payable | 47/48 | €38,399 | €361 | -€38,038 | -99.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €189,058 | €219,383 | +€30,325 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,485 | €49,272 | +€1,787 | +3.8% |
| Other operating charges | 640/8 | €9,061 | €9,025 | -€36 | -0.4% |
| Gross operating margin | 9900 | €479,250 | €487,488 | +€8,238 | +1.7% |
| Operating profit (loss) | 9901 | €233,645 | €209,809 | -€23,837 | -10.2% |
| Financial income | 75/76B | €8,177 | €7,775 | -€402 | -4.9% |
| Recurring financial income | 75 | €8,177 | €7,775 | -€402 | -4.9% |
| Financial charges | 65/66B | €24,452 | €46,397 | +€21,945 | +89.7% |
| Recurring financial charges | 65 | €24,452 | €46,397 | +€21,945 | +89.7% |
| Profit (loss) for the period before taxes | 9903 | €217,370 | €171,187 | -€46,183 | -21.2% |
| Income taxes | 67/77 | €68,154 | €58,098 | -€10,056 | -14.8% |
| Profit (loss) for the period | 9904 | €149,216 | €113,089 | -€36,127 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €149,216 | €113,089 | -€36,127 | -24.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.