WEMAERE: 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.
WEMAERE
Largest movements
- Receivables within one year +€345,426
new in 2025: €345,426
of which Trade receivables: +€336,834
- Stocks and contracts -€319,450
no longer reported in 2025 (was €319,450)
- Cash -€22,272
down €22,272 (-80.5%), from €27,683 to €5,411
mainly Receivables within one year (-€345,426) and Debts after one year (-€109,702)
- Tangible fixed assets +€4,888
up €4,888 (+40.2%), from €12,148 to €17,036
of which Furniture and vehicles: +€8,537
- Debts after one year -€109,702
down €109,702 (-28.3%), from €387,202 to €277,500
- Profit (loss) carried forward +€83,606
up €83,606, from -€71,351 to €12,255
- Other debts +€30,681
new in 2025: €30,681
- Gross operating margin +€159,774
up €159,774, from -€15,596 to €144,179
- Taxes +€22,785
up €22,785 (+35,054%), from €65 to €22,850
- Other operating charges +€5,327
up €5,327 (+204%), from €2,615 to €7,942
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.
Derived cash bridge
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 | €359,681 | €368,273 | +€8,592 | +2.4% |
| Fixed assets | 21/28 | €12,548 | €17,436 | +€4,888 | +39.0% |
| Tangible fixed assets | 22/27 | €12,148 | €17,036 | +€4,888 | +40.2% |
| Plant, machinery and equipment | 23 | €12,148 | €8,500 | -€3,649 | -30.0% |
| Furniture and vehicles | 24 | - | €8,537 | +€8,537 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €347,132 | €350,836 | +€3,704 | +1.1% |
| Stocks and contracts in progress | 3 | €319,450 | - | -€319,450 | |
| Stocks | 30/36 | €319,450 | - | -€319,450 | |
| Amounts receivable within one year | 40/41 | - | €345,426 | +€345,426 | |
| Trade receivables | 40 | - | €336,834 | +€336,834 | |
| Other amounts receivable | 41 | - | €8,592 | +€8,592 | |
| Cash at bank and in hand | 54/58 | €27,683 | €5,411 | -€22,272 | -80.5% |
| Total equity and liabilities | 10/49 | €359,681 | €368,273 | +€8,592 | +2.4% |
| Equity | 10/15 | -€50,891 | €32,715 | +€83,606 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,351 | €12,255 | +€83,606 | |
| Amounts payable | 17/49 | €410,572 | €335,557 | -€75,014 | -18.3% |
| Amounts payable after more than one year | 17 | €387,202 | €277,500 | -€109,702 | -28.3% |
| Financial debts | 170/4 | €387,202 | €277,500 | -€109,702 | -28.3% |
| Amounts payable within one year | 42/48 | €23,369 | €58,057 | +€34,688 | +148% |
| Trade debts | 44 | €20,719 | €24,377 | +€3,658 | +17.7% |
| Suppliers | 440/4 | €20,719 | €24,377 | +€3,658 | +17.7% |
| Taxes, remuneration and social security | 45 | €2,651 | €3,000 | +€349 | +13.2% |
| Remuneration and social security | 454/9 | €2,651 | €3,000 | +€349 | +13.2% |
| Other amounts payable | 47/48 | - | €30,681 | +€30,681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,649 | €3,929 | +€281 | +7.7% |
| Other operating charges | 640/8 | €2,615 | €7,942 | +€5,327 | +204% |
| Gross operating margin | 9900 | -€15,596 | €144,179 | +€159,774 | |
| Operating profit (loss) | 9901 | -€21,859 | €132,307 | +€154,166 | |
| Financial income | 75/76B | €9 | €180 | +€171 | +1,948% |
| Recurring financial income | 75 | €9 | €180 | +€171 | +1,948% |
| Financial charges | 65/66B | €204 | €231 | +€27 | +13.2% |
| Recurring financial charges | 65 | €204 | €231 | +€27 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,054 | €132,256 | +€154,310 | |
| Income taxes | 67/77 | €65 | €22,850 | +€22,785 | +35,054% |
| Profit (loss) for the period | 9904 | -€22,119 | €109,406 | +€131,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,119 | €109,406 | +€131,525 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.