WEMACLA: 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.
WEMACLA
Largest movements
- Cash +€45,284
up €45,284 (+114.3%), from €39,607 to €84,891
mainly Net result for the year (+€76,698) and Depreciation (+€12,329)
- Current investments +€24,788
up €24,788 (+27.0%), from €91,842 to €116,630
- Tangible fixed assets -€12,329
down €12,329 (-30.5%), from €40,357 to €28,028
- Receivables within one year +€8,398
up €8,398 (+32.0%), from €26,216 to €34,614
of which Other amounts receivable: +€5,041
- Reserves +€76,698
up €76,698 (+56.5%), from €135,774 to €212,472
- Debts after one year -€17,056
down €17,056 (-74.5%), from €22,886 to €5,830
- Tax, wage and social debts +€5,798
up €5,798 (+28.2%), from €20,590 to €26,387
- Financial income +€4,983
up €4,983 (+344.5%), from €1,446 to €6,429
- Taxes +€3,120
up €3,120 (+10.1%), from €30,881 to €34,001
- Gross operating margin -€1,316
down €1,316 (-1.1%), from €119,969 to €118,653
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 | €198,083 | €264,292 | +€66,208 | +33.4% |
| Fixed assets | 21/28 | €40,357 | €28,028 | -€12,329 | -30.5% |
| Tangible fixed assets | 22/27 | €40,357 | €28,028 | -€12,329 | -30.5% |
| Furniture and vehicles | 24 | €40,357 | €28,028 | -€12,329 | -30.5% |
| Current assets | 29/58 | €157,726 | €236,264 | +€78,537 | +49.8% |
| Amounts receivable within one year | 40/41 | €26,216 | €34,614 | +€8,398 | +32.0% |
| Trade receivables | 40 | €21,266 | €24,624 | +€3,358 | +15.8% |
| Other amounts receivable | 41 | €4,950 | €9,990 | +€5,041 | +101.8% |
| Current investments | 50/53 | €91,842 | €116,630 | +€24,788 | +27.0% |
| Cash at bank and in hand | 54/58 | €39,607 | €84,891 | +€45,284 | +114.3% |
| Deferred charges and accrued income | 490/1 | €62 | €129 | +€67 | +109.0% |
| Total equity and liabilities | 10/49 | €198,083 | €264,292 | +€66,208 | +33.4% |
| Equity | 10/15 | €137,774 | €214,472 | +€76,698 | +55.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €135,774 | €212,472 | +€76,698 | +56.5% |
| Distributable reserves | 133 | €135,774 | €212,472 | +€76,698 | +56.5% |
| Amounts payable | 17/49 | €60,309 | €49,820 | -€10,489 | -17.4% |
| Amounts payable after more than one year | 17 | €22,886 | €5,830 | -€17,056 | -74.5% |
| Financial debts | 170/4 | €22,886 | €5,830 | -€17,056 | -74.5% |
| Amounts payable within one year | 42/48 | €37,424 | €43,990 | +€6,567 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €16,424 | €17,056 | +€632 | +3.8% |
| Trade debts | 44 | €410 | €547 | +€137 | +33.3% |
| Suppliers | 440/4 | €410 | €547 | +€137 | +33.3% |
| Taxes, remuneration and social security | 45 | €20,590 | €26,387 | +€5,798 | +28.2% |
| Taxes | 450/3 | €20,590 | €26,387 | +€5,798 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,324 | €12,329 | +€5 | 0.0% |
| Other operating charges | 640/8 | €716 | €652 | -€64 | -9.0% |
| Gross operating margin | 9900 | €119,969 | €118,653 | -€1,316 | -1.1% |
| Operating profit (loss) | 9901 | €106,929 | €105,671 | -€1,257 | -1.2% |
| Financial income | 75/76B | €1,446 | €6,429 | +€4,983 | +344.5% |
| Recurring financial income | 75 | €1,446 | €6,429 | +€4,983 | +344.5% |
| Financial charges | 65/66B | €2,172 | €1,402 | -€770 | -35.4% |
| Recurring financial charges | 65 | €2,172 | €1,402 | -€770 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €106,203 | €110,698 | +€4,495 | +4.2% |
| Income taxes | 67/77 | €30,881 | €34,001 | +€3,120 | +10.1% |
| Profit (loss) for the period | 9904 | €75,322 | €76,698 | +€1,376 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,322 | €76,698 | +€1,376 | +1.8% |
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 11 October 2026 via checked.be.