Wemath: 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.
Wemath
Largest movements
- Receivables within one year +€6,271
up €6,271 (+8.3%), from €75,354 to €81,625
of which Other amounts receivable: +€3,717
- Tangible fixed assets -€1,426
down €1,426 (-11.1%), from €12,822 to €11,396
of which Other tangible fixed assets: -€1,465
- Deferred charges and accrued income +€1,341
up €1,341 (+40.9%), from €3,282 to €4,622
- Other debts +€10,743
up €10,743 (+15.8%), from €68,133 to €78,876
- Tax, wage and social debts -€7,654
down €7,654 (-45.4%), from €16,857 to €9,203
- Short-term financial debts +€6,765
up €6,765, from €0 to €6,765
of which Credit institutions: +€6,765
- Trade debts -€3,570
down €3,570 (-92.4%), from €3,865 to €295
- Gross operating margin +€21,237
up €21,237 (+24.9%), from €85,339 to €106,576
- Taxes +€3,112
up €3,112 (+17.9%), from €17,347 to €20,459
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 | €94,326 | €100,139 | +€5,813 | +6.2% |
| Fixed assets | 21/28 | €12,822 | €11,396 | -€1,426 | -11.1% |
| Tangible fixed assets | 22/27 | €12,822 | €11,396 | -€1,426 | -11.1% |
| Plant, machinery and equipment | 23 | €2,526 | €2,801 | +€275 | +10.9% |
| Furniture and vehicles | 24 | €5,630 | €5,394 | -€236 | -4.2% |
| Other tangible fixed assets | 26 | €4,666 | €3,201 | -€1,465 | -31.4% |
| Current assets | 29/58 | €81,504 | €88,743 | +€7,239 | +8.9% |
| Amounts receivable within one year | 40/41 | €75,354 | €81,625 | +€6,271 | +8.3% |
| Trade receivables | 40 | €73,702 | €76,255 | +€2,553 | +3.5% |
| Other amounts receivable | 41 | €1,653 | €5,370 | +€3,717 | +225% |
| Cash at bank and in hand | 54/58 | €2,868 | €2,496 | -€372 | -13.0% |
| Deferred charges and accrued income | 490/1 | €3,282 | €4,622 | +€1,341 | +40.9% |
| Total equity and liabilities | 10/49 | €94,326 | €100,139 | +€5,813 | +6.2% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €89,326 | €95,139 | +€5,813 | +6.5% |
| Amounts payable within one year | 42/48 | €88,854 | €95,139 | +€6,285 | +7.1% |
| Financial debts | 43 | €0 | €6,765 | +€6,765 | |
| Credit institutions | 430/8 | - | €6,765 | +€6,765 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €3,865 | €295 | -€3,570 | -92.4% |
| Suppliers | 440/4 | €3,865 | €295 | -€3,570 | -92.4% |
| Taxes, remuneration and social security | 45 | €16,857 | €9,203 | -€7,654 | -45.4% |
| Taxes | 450/3 | €16,857 | €9,203 | -€7,654 | -45.4% |
| Other amounts payable | 47/48 | €68,133 | €78,876 | +€10,743 | +15.8% |
| Accrued charges and deferred income | 492/3 | €473 | - | -€473 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,330 | €5,374 | +€1,044 | +24.1% |
| Other operating charges | 640/8 | €899 | €805 | -€94 | -10.4% |
| Gross operating margin | 9900 | €85,339 | €106,576 | +€21,237 | +24.9% |
| Operating profit (loss) | 9901 | €80,110 | €100,397 | +€20,287 | +25.3% |
| Financial income | 75/76B | €56 | €44 | -€12 | -22.0% |
| Recurring financial income | 75 | €56 | €44 | -€12 | -22.0% |
| Financial charges | 65/66B | €630 | €1,106 | +€477 | +75.7% |
| Recurring financial charges | 65 | €630 | €1,106 | +€477 | +75.7% |
| Profit (loss) for the period before taxes | 9903 | €79,536 | €99,335 | +€19,799 | +24.9% |
| Income taxes | 67/77 | €17,347 | €20,459 | +€3,112 | +17.9% |
| Profit (loss) for the period | 9904 | €62,189 | €78,876 | +€16,687 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,189 | €78,876 | +€16,687 | +26.8% |
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 28 October 2026 via checked.be.