WEMTECH: 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.
WEMTECH
Largest movements
- Cash -€77,670
down €77,670 (-37.0%), from €209,683 to €132,013
mainly Trade debts (-€113,214) and Debts after one year (-€8,404)
- Receivables within one year -€13,014
down €13,014 (-7.1%), from €183,315 to €170,301
of which Other amounts receivable: -€11,501
- Tangible fixed assets -€7,623
down €7,623 (-30.6%), from €24,899 to €17,276
- Trade debts -€113,214
down €113,214 (-74.4%), from €152,205 to €38,991
- Profit (loss) carried forward +€22,554
up €22,554 (+10.6%), from €213,012 to €235,566
- Debts after one year -€8,404
down €8,404 (-28.5%), from €29,478 to €21,075
- Gross operating margin -€29,320
down €29,320 (-27.2%), from €107,748 to €78,428
- Staff costs -€25,212
down €25,212 (-43.1%), from €58,515 to €33,302
- Depreciation -€7,136
down €7,136 (-44.6%), from €16,003 to €8,867
- Taxes +€2,875
up €2,875 (+45.4%), from €6,335 to €9,210
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 | €420,641 | €322,335 | -€98,306 | -23.4% |
| Fixed assets | 21/28 | €24,899 | €17,276 | -€7,623 | -30.6% |
| Tangible fixed assets | 22/27 | €24,899 | €17,276 | -€7,623 | -30.6% |
| Furniture and vehicles | 24 | €24,899 | €17,276 | -€7,623 | -30.6% |
| Current assets | 29/58 | €395,743 | €305,059 | -€90,683 | -22.9% |
| Amounts receivable within one year | 40/41 | €183,315 | €170,301 | -€13,014 | -7.1% |
| Trade receivables | 40 | €121,250 | €119,738 | -€1,513 | -1.2% |
| Other amounts receivable | 41 | €62,065 | €50,563 | -€11,501 | -18.5% |
| Cash at bank and in hand | 54/58 | €209,683 | €132,013 | -€77,670 | -37.0% |
| Deferred charges and accrued income | 490/1 | €2,744 | €2,744 | = | 0.0% |
| Total equity and liabilities | 10/49 | €420,641 | €322,335 | -€98,306 | -23.4% |
| Equity | 10/15 | €231,612 | €254,166 | +€22,554 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,012 | €235,566 | +€22,554 | +10.6% |
| Amounts payable | 17/49 | €189,029 | €68,169 | -€120,860 | -63.9% |
| Amounts payable after more than one year | 17 | €29,478 | €21,075 | -€8,404 | -28.5% |
| Financial debts | 170/4 | €29,478 | €21,075 | -€8,404 | -28.5% |
| Amounts payable within one year | 42/48 | €159,551 | €47,094 | -€112,456 | -70.5% |
| Current portion of amounts payable after more than one year | 42 | €7,346 | €8,104 | +€758 | +10.3% |
| Trade debts | 44 | €152,205 | €38,991 | -€113,214 | -74.4% |
| Suppliers | 440/4 | €152,205 | €38,991 | -€113,214 | -74.4% |
| Remuneration, social security and pensions | 62 | €58,515 | €33,302 | -€25,212 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,003 | €8,867 | -€7,136 | -44.6% |
| Other operating charges | 640/8 | €1,806 | €2,673 | +€867 | +48.0% |
| Gross operating margin | 9900 | €107,748 | €78,428 | -€29,320 | -27.2% |
| Operating profit (loss) | 9901 | €31,425 | €33,586 | +€2,161 | +6.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,236 | €1,823 | -€413 | -18.5% |
| Recurring financial charges | 65 | €2,236 | €1,823 | -€413 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €29,189 | €31,763 | +€2,574 | +8.8% |
| Income taxes | 67/77 | €6,335 | €9,210 | +€2,875 | +45.4% |
| Profit (loss) for the period | 9904 | €22,854 | €22,554 | -€301 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,854 | €22,554 | -€301 | -1.3% |
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.