WELDIT: 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.
WELDIT
Largest movements
- Tangible fixed assets -€17,669
down €17,669 (-7.0%), from €252,354 to €234,685
of which Land and buildings: -€17,066
- Receivables within one year -€8,017
down €8,017 (-28.4%), from €28,193 to €20,176
of which Trade receivables: -€8,694
- Profit (loss) carried forward -€20,948
down €20,948 (-32.6%), from -€64,174 to -€85,122
- Debts after one year -€12,955
down €12,955 (-70.3%), from €18,440 to €5,485
- Other debts +€7,523
up €7,523 (+20.8%), from €36,241 to €43,763
- Tax, wage and social debts -€3,193
down €3,193 (-92.5%), from €3,450 to €258
- Trade debts +€3,087
up €3,087 (+37.6%), from €8,209 to €11,296
- Gross operating margin -€7,033
down €7,033 (-98.8%), from €7,119 to €86
- Depreciation -€3,129
down €3,129 (-15.0%), from €20,798 to €17,669
- Other operating charges -€343
down €343 (-19.6%), from €1,751 to €1,408
- Financial charges +€289
up €289 (+19.5%), from €1,484 to €1,773
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,169 | €259,997 | -€25,171 | -8.8% |
| Fixed assets | 21/28 | €252,354 | €234,685 | -€17,669 | -7.0% |
| Tangible fixed assets | 22/27 | €252,354 | €234,685 | -€17,669 | -7.0% |
| Land and buildings | 22 | €251,722 | €234,656 | -€17,066 | -6.8% |
| Plant, machinery and equipment | 23 | €502 | €29 | -€474 | -94.3% |
| Other tangible fixed assets | 26 | €129 | - | -€129 | |
| Current assets | 29/58 | €32,815 | €25,312 | -€7,503 | -22.9% |
| Amounts receivable within one year | 40/41 | €28,193 | €20,176 | -€8,017 | -28.4% |
| Trade receivables | 40 | €28,193 | €19,499 | -€8,694 | -30.8% |
| Other amounts receivable | 41 | - | €677 | +€677 | |
| Current investments | 50/53 | €2,852 | €2,852 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,769 | €2,284 | +€515 | +29.1% |
| Total equity and liabilities | 10/49 | €285,169 | €259,997 | -€25,171 | -8.8% |
| Equity | 10/15 | €197,547 | €176,598 | -€20,948 | -10.6% |
| Contributions | 10/11 | €9,605 | €9,605 | = | 0.0% |
| Reserves | 13 | €252,116 | €252,116 | = | 0.0% |
| Distributable reserves | 133 | €252,116 | €252,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,174 | -€85,122 | -€20,948 | -32.6% |
| Amounts payable | 17/49 | €87,622 | €83,399 | -€4,223 | -4.8% |
| Amounts payable after more than one year | 17 | €18,440 | €5,485 | -€12,955 | -70.3% |
| Financial debts | 170/4 | €18,440 | €5,485 | -€12,955 | -70.3% |
| Amounts payable within one year | 42/48 | €69,182 | €77,914 | +€8,732 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €12,666 | €12,955 | +€289 | +2.3% |
| Financial debts | 43 | €8,616 | €9,642 | +€1,026 | +11.9% |
| Credit institutions | 430/8 | €8,616 | €9,642 | +€1,026 | +11.9% |
| Trade debts | 44 | €8,209 | €11,296 | +€3,087 | +37.6% |
| Suppliers | 440/4 | €8,209 | €11,296 | +€3,087 | +37.6% |
| Taxes, remuneration and social security | 45 | €3,450 | €258 | -€3,193 | -92.5% |
| Taxes | 450/3 | €3,450 | €258 | -€3,193 | -92.5% |
| Other amounts payable | 47/48 | €36,241 | €43,763 | +€7,523 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,798 | €17,669 | -€3,129 | -15.0% |
| Other operating charges | 640/8 | €1,751 | €1,408 | -€343 | -19.6% |
| Gross operating margin | 9900 | €7,119 | €86 | -€7,033 | -98.8% |
| Operating profit (loss) | 9901 | -€15,430 | -€18,990 | -€3,560 | -23.1% |
| Financial charges | 65/66B | €1,484 | €1,773 | +€289 | +19.5% |
| Recurring financial charges | 65 | €1,484 | €1,773 | +€289 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,915 | -€20,764 | -€3,849 | -22.8% |
| Income taxes | 67/77 | €179 | €184 | +€6 | +3.1% |
| Profit (loss) for the period | 9904 | -€17,094 | -€20,948 | -€3,854 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,094 | -€20,948 | -€3,854 | -22.5% |
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 16 October 2026 via checked.be.