WEMCO: what changed
Two fiscal 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.
WEMCO
Largest movements
- Cash +€15,021
up €15,021 (+115.1%), from €13,055 to €28,076
mainly Net result for the year (+€29,585) and Depreciation (+€10,990)
- Tangible fixed assets -€7,990
down €7,990 (-22.5%), from €35,572 to €27,582
- Deferred charges and accrued income -€1,250
down €1,250 (-73.6%), from €1,697 to €448
- Receivables within one year +€1,110
up €1,110 (+8.4%), from €13,223 to €14,332
- Other debts +€4,764
up €4,764 (+554.6%), from €859 to €5,623
- Profit (loss) carried forward +€4,213
up €4,213 (+9.2%), from €45,787 to €50,000
- Tax, wage and social debts -€2,167
down €2,167 (-11.6%), from €18,618 to €16,451
of which Taxes: -€1,386
- Gross operating margin +€14,996
up €14,996 (+32.1%), from €46,710 to €61,706
- Staff costs +€6,664
up €6,664 (+184.6%), from €3,609 to €10,273
- Depreciation +€5,791
up €5,791 (+111.4%), from €5,198 to €10,990
- Taxes +€2,164
up €2,164 (+25.1%), from €8,624 to €10,788
- Financial charges -€691
down €691 (-90.8%), from €761 to €70
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 | €67,547 | €74,439 | +€6,892 | +10.2% |
| Fixed assets | 21/28 | €35,572 | €27,582 | -€7,990 | -22.5% |
| Tangible fixed assets | 22/27 | €35,572 | €27,582 | -€7,990 | -22.5% |
| Furniture and vehicles | 24 | €35,572 | €27,582 | -€7,990 | -22.5% |
| Current assets | 29/58 | €31,975 | €46,856 | +€14,881 | +46.5% |
| Amounts receivable after more than one year | 29 | €4,000 | €4,000 | = | 0.0% |
| Other amounts receivable | 291 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,223 | €14,332 | +€1,110 | +8.4% |
| Trade receivables | 40 | €13,223 | €14,332 | +€1,110 | +8.4% |
| Cash at bank and in hand | 54/58 | €13,055 | €28,076 | +€15,021 | +115.1% |
| Deferred charges and accrued income | 490/1 | €1,697 | €448 | -€1,250 | -73.6% |
| Total equity and liabilities | 10/49 | €67,547 | €74,439 | +€6,892 | +10.2% |
| Equity | 10/15 | €46,287 | €50,500 | +€4,213 | +9.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,787 | €50,000 | +€4,213 | +9.2% |
| Amounts payable | 17/49 | €21,260 | €23,939 | +€2,679 | +12.6% |
| Amounts payable within one year | 42/48 | €21,260 | €23,939 | +€2,679 | +12.6% |
| Trade debts | 44 | €1,783 | €1,865 | +€82 | +4.6% |
| Suppliers | 440/4 | €1,783 | €1,865 | +€82 | +4.6% |
| Taxes, remuneration and social security | 45 | €18,618 | €16,451 | -€2,167 | -11.6% |
| Taxes | 450/3 | €17,143 | €15,757 | -€1,386 | -8.1% |
| Remuneration and social security | 454/9 | €1,474 | €694 | -€780 | -52.9% |
| Other amounts payable | 47/48 | €859 | €5,623 | +€4,764 | +554.6% |
| Remuneration, social security and pensions | 62 | €3,609 | €10,273 | +€6,664 | +184.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,198 | €10,990 | +€5,791 | +111.4% |
| Gross operating margin | 9900 | €46,710 | €61,706 | +€14,996 | +32.1% |
| Operating profit (loss) | 9901 | €37,902 | €40,443 | +€2,541 | +6.7% |
| Financial income | 75/76B | €112 | - | -€112 | |
| Recurring financial income | 75 | €112 | - | -€112 | |
| Financial charges | 65/66B | €761 | €70 | -€691 | -90.8% |
| Recurring financial charges | 65 | €761 | €70 | -€691 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | €37,253 | €40,373 | +€3,120 | +8.4% |
| Income taxes | 67/77 | €8,624 | €10,788 | +€2,164 | +25.1% |
| Profit (loss) for the period | 9904 | €28,629 | €29,585 | +€956 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,629 | €29,585 | +€956 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.