WELDING SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€78,686
up €78,686 (+10299.8%), from €764 to €79,450
of which Trade receivables: +€76,271
- Cash -€6,391
down €6,391 (-92.3%), from €6,923 to €532
mainly Receivables within one year (-€78,686) and Other debts (-€1,960)
- Profit (loss) carried forward +€39,740
up €39,740, from -€301 to €39,439
- Tax, wage and social debts +€32,220
new in 2025: €32,220
of which Taxes: +€22,668
- Trade debts +€2,296
new in 2025: €2,296
- Other debts -€1,960
down €1,960 (-65.6%), from €2,988 to €1,028
- Gross operating margin +€49,725
up €49,725 (+4866.8%), from €1,022 to €50,747
- Taxes +€9,934
new in 2025: €9,934
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.
Cash bridge derived
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 | €7,687 | €79,982 | +€72,295 | +940.5% |
| Current assets | 29/58 | €7,687 | €79,982 | +€72,295 | +940.5% |
| Amounts receivable within one year | 40/41 | €764 | €79,450 | +€78,686 | +10299.8% |
| Trade receivables | 40 | €147 | €76,418 | +€76,271 | +52005.5% |
| Other amounts receivable | 41 | €617 | €3,032 | +€2,415 | +391.2% |
| Cash at bank and in hand | 54/58 | €6,923 | €532 | -€6,391 | -92.3% |
| Total equity and liabilities | 10/49 | €7,687 | €79,982 | +€72,295 | +940.5% |
| Equity | 10/15 | €4,699 | €44,439 | +€39,740 | +845.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€301 | €39,439 | +€39,740 | |
| Amounts payable | 17/49 | €2,988 | €35,543 | +€32,555 | +1089.5% |
| Amounts payable within one year | 42/48 | €2,988 | €35,543 | +€32,555 | +1089.5% |
| Trade debts | 44 | - | €2,296 | +€2,296 | |
| Suppliers | 440/4 | - | €2,296 | +€2,296 | |
| Taxes, remuneration and social security | 45 | - | €32,220 | +€32,220 | |
| Taxes | 450/3 | - | €22,668 | +€22,668 | |
| Remuneration and social security | 454/9 | - | €9,552 | +€9,552 | |
| Other amounts payable | 47/48 | €2,988 | €1,028 | -€1,960 | -65.6% |
| Remuneration, social security and pensions | 62 | €276 | €170 | -€107 | -38.5% |
| Other operating charges | 640/8 | €970 | €812 | -€157 | -16.2% |
| Gross operating margin | 9900 | €1,022 | €50,747 | +€49,725 | +4866.8% |
| Operating profit (loss) | 9901 | -€225 | €49,764 | +€49,989 | |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €77 | €173 | +€96 | +125.3% |
| Recurring financial charges | 65 | €77 | €173 | +€96 | +125.3% |
| Profit (loss) for the period before taxes | 9903 | -€301 | €49,674 | +€49,975 | |
| Income taxes | 67/77 | - | €9,934 | +€9,934 | |
| Profit (loss) for the period | 9904 | -€301 | €39,740 | +€40,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€301 | €39,740 | +€40,041 |
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 10 October 2026 via checked.be.