WELTJENS JOHAN: what changed
WELTJENS JOHAN
Largest movements
- Receivables within one year -€20,554
down €20,554 (-22.9%), from €89,801 to €69,247
of which Trade receivables: -€16,958
- Tangible fixed assets -€5,786
down €5,786 (-36.0%), from €16,092 to €10,306
of which Furniture and vehicles: -€6,855
- Cash -€5,718
down €5,718 (-95.0%), from €6,016 to €298
mainly Net result for the year (-€22,261) and Trade debts (-€12,401)
- Deferred charges and accrued income -€3,225
down €3,225 (-45.9%), from €7,019 to €3,794
- Profit (loss) carried forward -€22,261
down €22,261 (-24.1%), from -€92,404 to -€114,665
- Trade debts -€12,401
down €12,401 (-89.6%), from €13,843 to €1,443
- Gross operating margin +€42,334
up €42,334, from -€34,483 to €7,852
- Other operating charges +€17,901
up €17,901 (+1,781%), from €1,005 to €18,906
- Financial charges +€2,351
up €2,351 (+94.7%), from €2,483 to €4,835
- Financial income -€1,501
down €1,501 (-35.2%), from €4,265 to €2,764
- Depreciation -€1,082
down €1,082 (-10.6%), from €10,218 to €9,136
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,928 | €122,646 | -€35,283 | -22.3% |
| Fixed assets | 21/28 | €16,092 | €10,306 | -€5,786 | -36.0% |
| Tangible fixed assets | 22/27 | €16,092 | €10,306 | -€5,786 | -36.0% |
| Plant, machinery and equipment | 23 | €208 | €1,637 | +€1,429 | +686% |
| Furniture and vehicles | 24 | €14,762 | €7,907 | -€6,855 | -46.4% |
| Other tangible fixed assets | 26 | €1,122 | €762 | -€360 | -32.1% |
| Current assets | 29/58 | €141,836 | €112,339 | -€29,497 | -20.8% |
| Amounts receivable after more than one year | 29 | €37,500 | €37,500 | = | 0.0% |
| Other amounts receivable | 291 | €37,500 | €37,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,801 | €69,247 | -€20,554 | -22.9% |
| Trade receivables | 40 | €74,826 | €57,868 | -€16,958 | -22.7% |
| Other amounts receivable | 41 | €14,975 | €11,379 | -€3,596 | -24.0% |
| Cash at bank and in hand | 54/58 | €6,016 | €298 | -€5,718 | -95.0% |
| Deferred charges and accrued income | 490/1 | €7,019 | €3,794 | -€3,225 | -45.9% |
| Total equity and liabilities | 10/49 | €157,928 | €122,646 | -€35,283 | -22.3% |
| Equity | 10/15 | €143,424 | €121,163 | -€22,261 | -15.5% |
| Contributions | 10/11 | €148,400 | €148,400 | = | 0.0% |
| Reserves | 13 | €87,428 | €87,428 | = | 0.0% |
| Distributable reserves | 133 | €87,428 | €87,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,404 | -€114,665 | -€22,261 | -24.1% |
| Amounts payable | 17/49 | €14,504 | €1,482 | -€13,022 | -89.8% |
| Amounts payable within one year | 42/48 | €14,504 | €1,482 | -€13,022 | -89.8% |
| Trade debts | 44 | €13,843 | €1,443 | -€12,401 | -89.6% |
| Suppliers | 440/4 | €13,843 | €1,443 | -€12,401 | -89.6% |
| Taxes, remuneration and social security | 45 | €661 | €40 | -€621 | -94.0% |
| Taxes | 450/3 | €661 | €40 | -€621 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,218 | €9,136 | -€1,082 | -10.6% |
| Other operating charges | 640/8 | €1,005 | €18,906 | +€17,901 | +1,781% |
| Non-recurring operating charges | 66A | €1,525 | €0 | -€1,525 | -100% |
| Gross operating margin | 9900 | -€34,483 | €7,852 | +€42,334 | |
| Operating profit (loss) | 9901 | -€47,230 | -€20,190 | +€27,040 | +57.3% |
| Financial income | 75/76B | €4,265 | €2,764 | -€1,501 | -35.2% |
| Recurring financial income | 75 | €4,265 | €2,764 | -€1,501 | -35.2% |
| Financial charges | 65/66B | €2,483 | €4,835 | +€2,351 | +94.7% |
| Recurring financial charges | 65 | €2,483 | €4,835 | +€2,351 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | -€45,448 | -€22,261 | +€23,188 | +51.0% |
| Profit (loss) for the period | 9904 | -€45,448 | -€22,261 | +€23,188 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,448 | -€22,261 | +€23,188 | +51.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.