Welding Team: what changed
Two fiscal 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 Team
Largest movements
- Cash +€5,673
up €5,673 (+34.0%), from €16,703 to €22,376
mainly Other debts (+€10,508) and Net result for the year (+€9,198)
- Deferred charges and accrued income -€1,461
down €1,461 (-24.4%), from €5,983 to €4,523
- Other debts +€10,508
up €10,508 (+4984.6%), from €211 to €10,719
- Trade debts -€3,091
down €3,091 (-50.6%), from €6,108 to €3,017
- Tax, wage and social debts -€1,999
down €1,999 (-29.5%), from €6,776 to €4,778
- Profit (loss) carried forward -€1,520
down €1,520 (-13.1%), from €11,625 to €10,105
- Gross operating margin +€10,606
up €10,606 (+621.1%), from €1,708 to €12,313
- Taxes +€1,896
up €1,896 (+239.4%), from €792 to €2,688
- Other operating charges -€459
down €459 (-58.3%), from €787 to €328
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 | €27,720 | €31,618 | +€3,898 | +14.1% |
| Current assets | 29/58 | €27,720 | €31,618 | +€3,898 | +14.1% |
| Amounts receivable within one year | 40/41 | €5,034 | €4,720 | -€314 | -6.2% |
| Trade receivables | 40 | €5,034 | €4,308 | -€725 | -14.4% |
| Other amounts receivable | 41 | - | €412 | +€412 | |
| Cash at bank and in hand | 54/58 | €16,703 | €22,376 | +€5,673 | +34.0% |
| Deferred charges and accrued income | 490/1 | €5,983 | €4,523 | -€1,461 | -24.4% |
| Total equity and liabilities | 10/49 | €27,720 | €31,618 | +€3,898 | +14.1% |
| Equity | 10/15 | €14,625 | €13,105 | -€1,520 | -10.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,625 | €10,105 | -€1,520 | -13.1% |
| Amounts payable | 17/49 | €13,095 | €18,513 | +€5,418 | +41.4% |
| Amounts payable within one year | 42/48 | €13,095 | €18,513 | +€5,418 | +41.4% |
| Trade debts | 44 | €6,108 | €3,017 | -€3,091 | -50.6% |
| Suppliers | 440/4 | €6,108 | €3,017 | -€3,091 | -50.6% |
| Taxes, remuneration and social security | 45 | €6,776 | €4,778 | -€1,999 | -29.5% |
| Taxes | 450/3 | €6,776 | €4,778 | -€1,999 | -29.5% |
| Other amounts payable | 47/48 | €211 | €10,719 | +€10,508 | +4984.6% |
| Other operating charges | 640/8 | €787 | €328 | -€459 | -58.3% |
| Gross operating margin | 9900 | €1,708 | €12,313 | +€10,606 | +621.1% |
| Operating profit (loss) | 9901 | €920 | €11,985 | +€11,065 | +1202.6% |
| Financial income | 75/76B | €0 | €2 | +€1 | +327.5% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +327.5% |
| Financial charges | 65/66B | €102 | €100 | -€2 | -2.2% |
| Recurring financial charges | 65 | €102 | €100 | -€2 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €818 | €11,887 | +€11,068 | +1352.6% |
| Income taxes | 67/77 | €792 | €2,688 | +€1,896 | +239.4% |
| Profit (loss) for the period | 9904 | €26 | €9,198 | +€9,172 | +34888.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26 | €9,198 | +€9,172 | +34888.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.