Wemvaco: 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.
Wemvaco
Largest movements
- Current investments +€20,630
up €20,630 (+106%), from €19,438 to €40,068
- Tangible fixed assets -€12,354
down €12,354 (-20.2%), from €61,253 to €48,900
- Reserves +€39,400
up €39,400 (+10.9%), from €362,585 to €401,985
- Debts after one year -€28,777
down €28,777 (-36.2%), from €79,538 to €50,761
- Other debts -€17,750
down €17,750 (-9.2%), from €193,404 to €175,654
- Tax, wage and social debts +€10,556
up €10,556 (+144%), from €7,313 to €17,868
- Depreciation +€11,839
up €11,839 (+2,300%), from €515 to €12,354
- Gross operating margin +€4,935
up €4,935 (+6.8%), from €72,554 to €77,488
- Taxes -€1,515
down €1,515 (-7.3%), from €20,645 to €19,130
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 | €690,401 | €692,481 | +€2,080 | +0.3% |
| Fixed assets | 21/28 | €661,253 | €648,900 | -€12,354 | -1.9% |
| Tangible fixed assets | 22/27 | €61,253 | €48,900 | -€12,354 | -20.2% |
| Furniture and vehicles | 24 | €61,253 | €48,900 | -€12,354 | -20.2% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €29,147 | €43,581 | +€14,434 | +49.5% |
| Amounts receivable within one year | 40/41 | €4,276 | €475 | -€3,800 | -88.9% |
| Trade receivables | 40 | €1,550 | - | -€1,550 | |
| Other amounts receivable | 41 | €2,726 | €475 | -€2,250 | -82.6% |
| Current investments | 50/53 | €19,438 | €40,068 | +€20,630 | +106% |
| Cash at bank and in hand | 54/58 | €5,434 | €3,038 | -€2,396 | -44.1% |
| Total equity and liabilities | 10/49 | €690,401 | €692,481 | +€2,080 | +0.3% |
| Equity | 10/15 | €375,403 | €414,803 | +€39,400 | +10.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €362,585 | €401,985 | +€39,400 | +10.9% |
| Distributable reserves | 133 | €362,585 | €401,985 | +€39,400 | +10.9% |
| Profit (loss) carried forward | 14 | €418 | €418 | +€0 | +0.1% |
| Amounts payable | 17/49 | €314,998 | €277,678 | -€37,320 | -11.8% |
| Amounts payable after more than one year | 17 | €79,538 | €50,761 | -€28,777 | -36.2% |
| Financial debts | 170/4 | €79,538 | €50,761 | -€28,777 | -36.2% |
| Amounts payable within one year | 42/48 | €235,460 | €226,917 | -€8,543 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €28,611 | €28,777 | +€166 | +0.6% |
| Trade debts | 44 | €6,133 | €4,618 | -€1,515 | -24.7% |
| Suppliers | 440/4 | €6,133 | €4,618 | -€1,515 | -24.7% |
| Taxes, remuneration and social security | 45 | €7,313 | €17,868 | +€10,556 | +144% |
| Taxes | 450/3 | €7,313 | €17,868 | +€10,556 | +144% |
| Other amounts payable | 47/48 | €193,404 | €175,654 | -€17,750 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €12,354 | +€11,839 | +2,300% |
| Other operating charges | 640/8 | €341 | €244 | -€96 | -28.3% |
| Gross operating margin | 9900 | €72,554 | €77,488 | +€4,935 | +6.8% |
| Operating profit (loss) | 9901 | €71,698 | €64,891 | -€6,808 | -9.5% |
| Financial income | 75/76B | €400 | €97 | -€304 | -75.9% |
| Recurring financial income | 75 | €400 | €97 | -€304 | -75.9% |
| Financial charges | 65/66B | €7,214 | €6,457 | -€757 | -10.5% |
| Recurring financial charges | 65 | €7,214 | €6,457 | -€757 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €64,885 | €58,530 | -€6,355 | -9.8% |
| Income taxes | 67/77 | €20,645 | €19,130 | -€1,515 | -7.3% |
| Profit (loss) for the period | 9904 | €44,240 | €39,400 | -€4,839 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,240 | €39,400 | -€4,839 | -10.9% |
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 21 October 2026 via checked.be.