WELDING: 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.
WELDING
Largest movements
- Current assets +€58,175
up €58,175 (+151.8%), from €38,325 to €96,500
of which Receivables within one year: +€34,489
- Tangible fixed assets +€21,995
up €21,995 (+1356.4%), from €1,622 to €23,616
- Debts within one year +€78,837
up €78,837 (+394.2%), from €19,998 to €98,835
- Gross operating margin +€13,525
up €13,525 (+920.0%), from €1,470 to €14,995
- Depreciation +€5,600
up €5,600 (+1381.4%), from €405 to €6,005
- Taxes +€2,450
up €2,450 (+866.3%), from €283 to €2,733
From the 2008 result to the 2009 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,947 | €120,116 | +€80,170 | +200.7% |
| Fixed assets | 21/28 | €1,622 | €23,616 | +€21,995 | +1356.4% |
| Tangible fixed assets | 22/27 | €1,622 | €23,616 | +€21,995 | +1356.4% |
| Current assets | 29/58 | €38,325 | €96,500 | +€58,175 | +151.8% |
| Amounts receivable within one year | 40/41 | €34,262 | €68,751 | +€34,489 | +100.7% |
| Cash at bank and in hand | 54/58 | €4,063 | €15,856 | +€11,793 | +290.3% |
| Total equity and liabilities | 10/49 | €39,947 | €120,116 | +€80,170 | +200.7% |
| Equity | 10/15 | €19,949 | €21,281 | +€1,333 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,349 | €1,860 | +€511 | +37.9% |
| Profit (loss) carried forward | 14 | - | €821 | +€821 | |
| Amounts payable | 17/49 | €19,998 | €98,835 | +€78,837 | +394.2% |
| Amounts payable within one year | 42/48 | €19,998 | €98,835 | +€78,837 | +394.2% |
| Trade debts | 44 | €19,775 | €92,980 | +€73,205 | +370.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €405 | €6,005 | +€5,600 | +1381.4% |
| Gross operating margin | 9900 | €1,470 | €14,995 | +€13,525 | +920.0% |
| Operating profit (loss) | 9901 | €615 | €4,581 | +€3,965 | +644.3% |
| Recurring financial income | 75 | €15 | €27 | +€12 | +76.5% |
| Recurring financial charges | 65 | €61 | €100 | +€39 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | €569 | €4,066 | +€3,496 | +614.0% |
| Income taxes | 67/77 | €283 | €2,733 | +€2,450 | +866.3% |
| Profit (loss) for the period | 9904 | €287 | €1,333 | +€1,046 | +365.0% |
| Profit (loss) for the period to be appropriated | 9905 | €287 | €1,333 | +€1,046 | +365.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2008 and 30 September 2009. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.