WELVECO-CONSTRUCT: 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.
WELVECO-CONSTRUCT
Largest movements
- Receivables within one year +€7,074
up €7,074 (+43.0%), from €16,461 to €23,535
of which Trade receivables: +€7,715
- Profit (loss) carried forward +€7,239
no longer reported in 2023 (was -€7,239)
- Trade debts -€6,097
down €6,097 (-84.6%), from €7,203 to €1,106
- Tax, wage and social debts +€3,863
up €3,863 (+100%), from €3,859 to €7,722
- Reserves +€3,686
up €3,686 (+198%), from €1,860 to €5,546
of which Distributable reserves: +€3,686
- Other debts -€2,249
down €2,249 (-47.9%), from €4,693 to €2,445
- Gross operating margin +€31,187
up €31,187, from -€13,966 to €17,221
- Taxes +€3,751
new in 2023: €3,751
- Other operating charges +€1,914
up €1,914 (+733%), from €261 to €2,175
- Financial charges -€1,851
down €1,851 (-83.4%), from €2,220 to €369
From the 2022 result to the 2023 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
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,675 | €23,587 | +€6,912 | +41.4% |
| Current assets | 29/58 | €16,675 | €23,587 | +€6,912 | +41.4% |
| Amounts receivable within one year | 40/41 | €16,461 | €23,535 | +€7,074 | +43.0% |
| Trade receivables | 40 | €669 | €8,384 | +€7,715 | +1,153% |
| Other amounts receivable | 41 | €15,792 | €15,151 | -€641 | -4.1% |
| Cash at bank and in hand | 54/58 | €8 | €52 | +€44 | +550% |
| Deferred charges and accrued income | 490/1 | €206 | - | -€206 | |
| Total equity and liabilities | 10/49 | €16,675 | €23,587 | +€6,912 | +41.4% |
| Equity | 10/15 | €921 | €11,846 | +€10,926 | +1,187% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,546 | +€3,686 | +198% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €3,686 | +€3,686 | |
| Profit (loss) carried forward | 14 | -€7,239 | - | +€7,239 | |
| Amounts payable | 17/49 | €15,755 | €11,741 | -€4,014 | -25.5% |
| Amounts payable within one year | 42/48 | €15,755 | €11,273 | -€4,482 | -28.4% |
| Trade debts | 44 | €7,203 | €1,106 | -€6,097 | -84.6% |
| Suppliers | 440/4 | €7,203 | €1,106 | -€6,097 | -84.6% |
| Taxes, remuneration and social security | 45 | €3,859 | €7,722 | +€3,863 | +100% |
| Taxes | 450/3 | €3,859 | €7,722 | +€3,863 | +100% |
| Other amounts payable | 47/48 | €4,693 | €2,445 | -€2,249 | -47.9% |
| Accrued charges and deferred income | 492/3 | €0 | €468 | +€468 | |
| Other operating charges | 640/8 | €261 | €2,175 | +€1,914 | +733% |
| Gross operating margin | 9900 | -€13,966 | €17,221 | +€31,187 | |
| Operating profit (loss) | 9901 | -€14,227 | €15,046 | +€29,273 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,220 | €369 | -€1,851 | -83.4% |
| Recurring financial charges | 65 | €2,220 | €369 | -€1,851 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,443 | €14,677 | +€31,120 | |
| Income taxes | 67/77 | - | €3,751 | +€3,751 | |
| Profit (loss) for the period | 9904 | -€16,443 | €10,926 | +€27,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,443 | €10,926 | +€27,369 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.