Wemaco: 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.
Wemaco
Largest movements
- Receivables within one year -€48,200
down €48,200 (-83.4%), from €57,763 to €9,563
- Cash -€4,743
down €4,743 (-15.6%), from €30,467 to €25,724
mainly Other debts (-€25,494) and Trade debts (-€24,329)
- Other debts -€25,494
down €25,494 (-35.6%), from €71,564 to €46,069
- Trade debts -€24,329
down €24,329 (-85.9%), from €28,318 to €3,989
- Advances received -€14,215
no longer reported in 2025 (was €14,215)
- Profit (loss) carried forward +€9,815
up €9,815 (+27.2%), from -€36,028 to -€26,214
- Gross operating margin +€9,792
up €9,792 (+101.3%), from €9,670 to €19,462
- Financial charges -€2,088
down €2,088 (-27.1%), from €7,705 to €5,618
- Depreciation +€395
up €395 (+11.9%), from €3,318 to €3,713
- Other operating charges -€294
down €294 (-71.0%), from €414 to €120
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 | €156,714 | €103,539 | -€53,175 | -33.9% |
| Fixed assets | 21/28 | €12,583 | €13,701 | +€1,118 | +8.9% |
| Tangible fixed assets | 22/27 | €12,583 | €13,701 | +€1,118 | +8.9% |
| Plant, machinery and equipment | 23 | €555 | €2,754 | +€2,199 | +396.5% |
| Furniture and vehicles | 24 | €1,340 | €226 | -€1,115 | -83.2% |
| Other tangible fixed assets | 26 | €10,688 | €10,722 | +€33 | +0.3% |
| Current assets | 29/58 | €144,130 | €89,838 | -€54,293 | -37.7% |
| Stocks and contracts in progress | 3 | €55,900 | €54,550 | -€1,350 | -2.4% |
| Stocks | 30/36 | €55,900 | €54,550 | -€1,350 | -2.4% |
| Amounts receivable within one year | 40/41 | €57,763 | €9,563 | -€48,200 | -83.4% |
| Trade receivables | 40 | €57,763 | €9,563 | -€48,200 | -83.4% |
| Cash at bank and in hand | 54/58 | €30,467 | €25,724 | -€4,743 | -15.6% |
| Total equity and liabilities | 10/49 | €156,714 | €103,539 | -€53,175 | -33.9% |
| Equity | 10/15 | €29,153 | €38,967 | +€9,815 | +33.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €63,681 | €63,681 | = | 0.0% |
| Distributable reserves | 133 | €63,681 | €63,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,028 | -€26,214 | +€9,815 | +27.2% |
| Amounts payable | 17/49 | €127,561 | €64,571 | -€62,990 | -49.4% |
| Amounts payable within one year | 42/48 | €127,561 | €64,571 | -€62,990 | -49.4% |
| Trade debts | 44 | €28,318 | €3,989 | -€24,329 | -85.9% |
| Suppliers | 440/4 | €28,318 | €3,989 | -€24,329 | -85.9% |
| Advances received on contracts in progress | 46 | €14,215 | - | -€14,215 | |
| Taxes, remuneration and social security | 45 | €13,464 | €14,513 | +€1,048 | +7.8% |
| Taxes | 450/3 | €13,464 | €14,513 | +€1,048 | +7.8% |
| Other amounts payable | 47/48 | €71,564 | €46,069 | -€25,494 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,318 | €3,713 | +€395 | +11.9% |
| Other operating charges | 640/8 | €414 | €120 | -€294 | -71.0% |
| Gross operating margin | 9900 | €9,670 | €19,462 | +€9,792 | +101.3% |
| Operating profit (loss) | 9901 | €5,939 | €15,629 | +€9,691 | +163.2% |
| Financial income | 75/76B | €133 | €35 | -€99 | -74.0% |
| Recurring financial income | 75 | €133 | €35 | -€99 | -74.0% |
| Financial charges | 65/66B | €7,705 | €5,618 | -€2,088 | -27.1% |
| Recurring financial charges | 65 | €7,705 | €5,618 | -€2,088 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,633 | €10,046 | +€11,680 | |
| Income taxes | 67/77 | €197 | €232 | +€34 | +17.3% |
| Profit (loss) for the period | 9904 | -€1,831 | €9,815 | +€11,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,831 | €9,815 | +€11,646 |
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.