WEPKA: 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.
WEPKA
Largest movements
- Tangible fixed assets -€12,137
down €12,137 (-32.1%), from €37,843 to €25,707
of which Furniture and vehicles: -€8,244
- Receivables within one year -€8,081
down €8,081 (-25.1%), from €32,235 to €24,154
of which Trade receivables: -€5,423
- Deferred charges and accrued income -€7,355
down €7,355 (-87.5%), from €8,408 to €1,052
- Short-term financial debts -€16,355
down €16,355 (-85.6%), from €19,106 to €2,751
- Profit (loss) carried forward +€15,166
up €15,166 (+497.9%), from €3,046 to €18,212
- Advances received -€13,400
down €13,400 (-42.9%), from €31,200 to €17,800
- Trade debts -€10,654
down €10,654 (-76.0%), from €14,015 to €3,361
- Debts after one year -€3,179
no longer reported in 2025 (was €3,179)
- Gross operating margin +€30,493
up €30,493 (+882.9%), from €3,454 to €33,947
- Taxes +€3,848
up €3,848 (+3772.5%), from €102 to €3,950
- Depreciation -€2,221
down €2,221 (-13.8%), from €16,130 to €13,909
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,486 | €50,913 | -€27,573 | -35.1% |
| Fixed assets | 21/28 | €37,843 | €25,707 | -€12,137 | -32.1% |
| Tangible fixed assets | 22/27 | €37,843 | €25,707 | -€12,137 | -32.1% |
| Plant, machinery and equipment | 23 | €15,583 | €11,690 | -€3,893 | -25.0% |
| Furniture and vehicles | 24 | €22,260 | €14,017 | -€8,244 | -37.0% |
| Current assets | 29/58 | €40,643 | €25,206 | -€15,436 | -38.0% |
| Amounts receivable within one year | 40/41 | €32,235 | €24,154 | -€8,081 | -25.1% |
| Trade receivables | 40 | €9,050 | €3,627 | -€5,423 | -59.9% |
| Other amounts receivable | 41 | €23,185 | €20,527 | -€2,658 | -11.5% |
| Deferred charges and accrued income | 490/1 | €8,408 | €1,052 | -€7,355 | -87.5% |
| Total equity and liabilities | 10/49 | €78,486 | €50,913 | -€27,573 | -35.1% |
| Equity | 10/15 | €4,906 | €20,072 | +€15,166 | +309.1% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,046 | €18,212 | +€15,166 | +497.9% |
| Amounts payable | 17/49 | €73,580 | €30,841 | -€42,739 | -58.1% |
| Amounts payable after more than one year | 17 | €3,179 | - | -€3,179 | |
| Financial debts | 170/4 | €3,179 | - | -€3,179 | |
| Amounts payable within one year | 42/48 | €70,401 | €30,841 | -€39,560 | -56.2% |
| Current portion of amounts payable after more than one year | 42 | €4,180 | €3,179 | -€1,001 | -23.9% |
| Financial debts | 43 | €19,106 | €2,751 | -€16,355 | -85.6% |
| Credit institutions | 430/8 | €19,106 | €2,751 | -€16,355 | -85.6% |
| Trade debts | 44 | €14,015 | €3,361 | -€10,654 | -76.0% |
| Suppliers | 440/4 | €14,015 | €3,361 | -€10,654 | -76.0% |
| Advances received on contracts in progress | 46 | €31,200 | €17,800 | -€13,400 | -42.9% |
| Taxes, remuneration and social security | 45 | €1,900 | €3,750 | +€1,850 | +97.4% |
| Taxes | 450/3 | €1,900 | €3,750 | +€1,850 | +97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,130 | €13,909 | -€2,221 | -13.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,454 | €33,947 | +€30,493 | +882.9% |
| Operating profit (loss) | 9901 | -€13,064 | €19,638 | +€32,701 | |
| Financial income | 75/76B | €1,072 | €947 | -€125 | -11.7% |
| Recurring financial income | 75 | €1,072 | €947 | -€125 | -11.7% |
| Financial charges | 65/66B | €1,198 | €1,468 | +€270 | +22.5% |
| Recurring financial charges | 65 | €1,198 | €1,468 | +€270 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,190 | €19,116 | +€32,306 | |
| Income taxes | 67/77 | €102 | €3,950 | +€3,848 | +3772.5% |
| Profit (loss) for the period | 9904 | -€13,292 | €15,166 | +€28,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,292 | €15,166 | +€28,458 |
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 3 October 2026 via checked.be.