WELDON: 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.
WELDON
Largest movements
- Receivables within one year -€2,204
down €2,204 (-3.2%), from €68,806 to €66,602
of which Trade receivables: -€15,434
- Cash +€1,338
up €1,338 (+85751.9%), from €2 to €1,339
mainly Tax, wage and social debts (+€3,822) and Debts after one year (+€2,250)
- Trade debts -€3,880
down €3,880 (-81.3%), from €4,772 to €893
- Tax, wage and social debts +€3,822
new in 2025: €3,822
- Debts after one year +€2,250
up €2,250 (+2.9%), from €77,250 to €79,500
- Profit (loss) carried forward -€2,040
down €2,040 (-13.6%), from -€14,987 to -€17,027
- Other debts -€1,459
down €1,459 (-85.2%), from €1,713 to €253
- Gross operating margin +€3,469
up €3,469, from -€2,139 to €1,330
- Financial charges -€896
down €896 (-26.9%), from €3,331 to €2,435
- Financial income -€73
no longer reported in 2025 (was €73)
- Other operating charges -€56
down €56 (-10.1%), from €551 to €495
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 | €69,248 | €67,941 | -€1,307 | -1.9% |
| Fixed assets | 21/28 | €440 | - | -€440 | |
| Tangible fixed assets | 22/27 | €440 | - | -€440 | |
| Plant, machinery and equipment | 23 | €440 | - | -€440 | |
| Current assets | 29/58 | €68,808 | €67,941 | -€866 | -1.3% |
| Amounts receivable within one year | 40/41 | €68,806 | €66,602 | -€2,204 | -3.2% |
| Trade receivables | 40 | €24,536 | €9,102 | -€15,434 | -62.9% |
| Other amounts receivable | 41 | €44,270 | €57,500 | +€13,230 | +29.9% |
| Cash at bank and in hand | 54/58 | €2 | €1,339 | +€1,338 | +85751.9% |
| Total equity and liabilities | 10/49 | €69,248 | €67,941 | -€1,307 | -1.9% |
| Equity | 10/15 | -€14,487 | -€16,527 | -€2,040 | -14.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,987 | -€17,027 | -€2,040 | -13.6% |
| Amounts payable | 17/49 | €83,735 | €84,468 | +€733 | +0.9% |
| Amounts payable after more than one year | 17 | €77,250 | €79,500 | +€2,250 | +2.9% |
| Financial debts | 170/4 | €77,250 | €79,500 | +€2,250 | +2.9% |
| Amounts payable within one year | 42/48 | €6,485 | €4,968 | -€1,517 | -23.4% |
| Trade debts | 44 | €4,772 | €893 | -€3,880 | -81.3% |
| Suppliers | 440/4 | €4,772 | €893 | -€3,880 | -81.3% |
| Taxes, remuneration and social security | 45 | - | €3,822 | +€3,822 | |
| Taxes | 450/3 | - | €3,822 | +€3,822 | |
| Other amounts payable | 47/48 | €1,713 | €253 | -€1,459 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €440 | -€0 | 0.0% |
| Other operating charges | 640/8 | €551 | €495 | -€56 | -10.1% |
| Gross operating margin | 9900 | -€2,139 | €1,330 | +€3,469 | |
| Operating profit (loss) | 9901 | -€3,130 | €395 | +€3,525 | |
| Financial income | 75/76B | €73 | - | -€73 | |
| Recurring financial income | 75 | €73 | - | -€73 | |
| Financial charges | 65/66B | €3,331 | €2,435 | -€896 | -26.9% |
| Recurring financial charges | 65 | €3,331 | €2,435 | -€896 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,388 | -€2,040 | +€4,348 | +68.1% |
| Profit (loss) for the period | 9904 | -€6,388 | -€2,040 | +€4,348 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,388 | -€2,040 | +€4,348 | +68.1% |
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.