WELDERS FILTRATION TECHNOLOGY: 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.
WELDERS FILTRATION TECHNOLOGY
Largest movements
- Cash +€827,390
up €827,390 (+162%), from €509,550 to €1.3m
mainly Current investments (+€500,000) and Net result for the year (+€392,143)
- Current investments -€500,000
down €500,000 (-71.4%), from €700,000 to €200,000
- Receivables within one year +€107,196
up €107,196 (+13.9%), from €770,209 to €877,405
of which Trade receivables: +€106,993
- Tangible fixed assets +€64,947
up €64,947 (+124%), from €52,484 to €117,431
of which Furniture and vehicles: +€65,108
- Stocks and contracts -€58,387
down €58,387 (-51.0%), from €114,513 to €56,126
of which Contracts in progress: -€53,741
- Advances received +€319,927
up €319,927 (+414%), from €77,244 to €397,170
- Reserves +€292,143
up €292,143 (+25.6%), from €1.1m to €1.4m
of which Distributable reserves: +€292,143
- Tax, wage and social debts -€82,009
down €82,009 (-28.3%), from €289,362 to €207,352
of which Taxes: -€66,697
- Other debts -€49,498
down €49,498 (-33.0%), from €150,018 to €100,519
- Trade debts -€29,060
down €29,060 (-11.7%), from €248,366 to €219,306
- Gross operating margin +€112,157
up €112,157 (+15.1%), from €740,370 to €852,527
- Financial income -€20,661
down €20,661 (-52.3%), from €39,534 to €18,873
- Taxes +€16,758
up €16,758 (+15.3%), from €109,200 to €125,958
- Depreciation +€12,323
up €12,323 (+43.8%), from €28,113 to €40,436
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 | €2,167,454 | €2,604,081 | +€436,627 | +20.1% |
| Fixed assets | 21/28 | €52,484 | €117,431 | +€64,947 | +124% |
| Tangible fixed assets | 22/27 | €52,484 | €117,431 | +€64,947 | +124% |
| Plant, machinery and equipment | 23 | €163 | €1 | -€161 | -99.2% |
| Furniture and vehicles | 24 | €52,321 | €117,430 | +€65,108 | +124% |
| Current assets | 29/58 | €2,114,970 | €2,486,650 | +€371,680 | +17.6% |
| Stocks and contracts in progress | 3 | €114,513 | €56,126 | -€58,387 | -51.0% |
| Stocks | 30/36 | €59,949 | €55,303 | -€4,646 | -7.7% |
| Contracts in progress | 37 | €54,564 | €823 | -€53,741 | -98.5% |
| Amounts receivable within one year | 40/41 | €770,209 | €877,405 | +€107,196 | +13.9% |
| Trade receivables | 40 | €770,163 | €877,156 | +€106,993 | +13.9% |
| Other amounts receivable | 41 | €47 | €250 | +€203 | +436% |
| Current investments | 50/53 | €700,000 | €200,000 | -€500,000 | -71.4% |
| Cash at bank and in hand | 54/58 | €509,550 | €1,336,940 | +€827,390 | +162% |
| Deferred charges and accrued income | 490/1 | €20,698 | €16,179 | -€4,519 | -21.8% |
| Total equity and liabilities | 10/49 | €2,167,454 | €2,604,081 | +€436,627 | +20.1% |
| Equity | 10/15 | €1,337,432 | €1,629,576 | +€292,143 | +21.8% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €1,139,117 | €1,431,261 | +€292,143 | +25.6% |
| Non-distributable reserves | 130/1 | €19,831 | €19,831 | = | 0.0% |
| Legal reserve | 130 | €19,831 | €19,831 | = | 0.0% |
| Distributable reserves | 133 | €1,119,286 | €1,411,429 | +€292,143 | +26.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €63,609 | €49,398 | -€14,211 | -22.3% |
| Provisions for liabilities and charges | 160/5 | €63,609 | €49,398 | -€14,211 | -22.3% |
| Other liabilities and charges | 164/5 | €63,609 | €49,398 | -€14,211 | -22.3% |
| Amounts payable | 17/49 | €766,413 | €925,108 | +€158,695 | +20.7% |
| Amounts payable within one year | 42/48 | €764,989 | €924,348 | +€159,359 | +20.8% |
| Trade debts | 44 | €248,366 | €219,306 | -€29,060 | -11.7% |
| Suppliers | 440/4 | €248,366 | €219,306 | -€29,060 | -11.7% |
| Advances received on contracts in progress | 46 | €77,244 | €397,170 | +€319,927 | +414% |
| Taxes, remuneration and social security | 45 | €289,362 | €207,352 | -€82,009 | -28.3% |
| Taxes | 450/3 | €207,287 | €140,590 | -€66,697 | -32.2% |
| Remuneration and social security | 454/9 | €82,075 | €66,762 | -€15,312 | -18.7% |
| Other amounts payable | 47/48 | €150,018 | €100,519 | -€49,498 | -33.0% |
| Accrued charges and deferred income | 492/3 | €1,424 | €760 | -€664 | -46.6% |
| Remuneration, social security and pensions | 62 | €313,472 | €319,737 | +€6,265 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,113 | €40,436 | +€12,323 | +43.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,515 | -€14,211 | -€7,696 | -118% |
| Other operating charges | 640/8 | €2,742 | €2,623 | -€119 | -4.3% |
| Gross operating margin | 9900 | €740,370 | €852,527 | +€112,157 | +15.1% |
| Operating profit (loss) | 9901 | €402,558 | €503,943 | +€101,385 | +25.2% |
| Financial income | 75/76B | €39,534 | €18,873 | -€20,661 | -52.3% |
| Recurring financial income | 75 | €39,534 | €18,873 | -€20,661 | -52.3% |
| Financial charges | 65/66B | €5,644 | €4,715 | -€929 | -16.5% |
| Recurring financial charges | 65 | €5,644 | €4,715 | -€929 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €436,448 | €518,101 | +€81,654 | +18.7% |
| Income taxes | 67/77 | €109,200 | €125,958 | +€16,758 | +15.3% |
| Profit (loss) for the period | 9904 | €327,248 | €392,143 | +€64,896 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €327,248 | €392,143 | +€64,896 | +19.8% |
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 29 October 2026 via checked.be.