WEPAVEN: 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.
WEPAVEN
Largest movements
- Tangible fixed assets -€30,231
down €30,231 (-16.6%), from €181,762 to €151,531
- Cash -€29,845
down €29,845 (-82.9%), from €35,994 to €6,149
mainly Net result for the year (-€35,918) and Debts after one year (-€22,503)
- Reserves -€35,918
down €35,918 (-86.9%), from €41,355 to €5,437
- Debts after one year -€22,503
down €22,503 (-16.7%), from €134,676 to €112,174
- Gross operating margin -€1,318
down €1,318 (-663.3%), from -€199 to -€1,516
- Financial charges -€375
down €375 (-12.7%), from €2,965 to €2,590
- Other operating charges +€33
up €33 (+3.1%), from €1,048 to €1,081
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 | €219,450 | €160,719 | -€58,730 | -26.8% |
| Fixed assets | 21/28 | €182,762 | €152,031 | -€30,731 | -16.8% |
| Intangible fixed assets | 21 | €1,000 | €500 | -€500 | -50.0% |
| Tangible fixed assets | 22/27 | €181,762 | €151,531 | -€30,231 | -16.6% |
| Land and buildings | 22 | €181,762 | €151,531 | -€30,231 | -16.6% |
| Current assets | 29/58 | €36,688 | €8,689 | -€27,999 | -76.3% |
| Amounts receivable within one year | 40/41 | €694 | €1,039 | +€345 | +49.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €694 | €1,039 | +€345 | +49.8% |
| Cash at bank and in hand | 54/58 | €35,994 | €6,149 | -€29,845 | -82.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €219,450 | €160,719 | -€58,730 | -26.8% |
| Equity | 10/15 | €53,755 | €17,837 | -€35,918 | -66.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €41,355 | €5,437 | -€35,918 | -86.9% |
| Distributable reserves | 133 | €41,355 | €5,437 | -€35,918 | -86.9% |
| Amounts payable | 17/49 | €165,695 | €142,882 | -€22,812 | -13.8% |
| Amounts payable after more than one year | 17 | €134,676 | €112,174 | -€22,503 | -16.7% |
| Financial debts | 170/4 | €134,676 | €112,174 | -€22,503 | -16.7% |
| Amounts payable within one year | 42/48 | €31,018 | €30,709 | -€310 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €22,129 | €22,503 | +€373 | +1.7% |
| Trade debts | 44 | €683 | €0 | -€683 | -100.0% |
| Suppliers | 440/4 | €683 | €0 | -€683 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,206 | €8,206 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,731 | €30,731 | = | 0.0% |
| Other operating charges | 640/8 | €1,048 | €1,081 | +€33 | +3.1% |
| Gross operating margin | 9900 | -€199 | -€1,516 | -€1,318 | -663.3% |
| Operating profit (loss) | 9901 | -€31,978 | -€33,329 | -€1,351 | -4.2% |
| Financial charges | 65/66B | €2,965 | €2,590 | -€375 | -12.7% |
| Recurring financial charges | 65 | €2,965 | €2,590 | -€375 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€34,943 | -€35,918 | -€975 | -2.8% |
| Profit (loss) for the period | 9904 | -€34,943 | -€35,918 | -€975 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,943 | -€35,918 | -€975 | -2.8% |
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 4 October 2026 via checked.be.