WERION: 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.
WERION
Largest movements
- Receivables within one year +€8,945
new in 2025: €8,945
- Debts after one year -€74,815
down €74,815 (-27.0%), from €277,111 to €202,296
- Other debts +€54,679
up €54,679 (+45.2%), from €121,056 to €175,735
- Reserves +€42,673
up €42,673 (+16.2%), from €263,744 to €306,417
of which Distributable reserves: +€42,673
- Current portion of long-term debt +€22,298
up €22,298 (+30.5%), from €73,218 to €95,516
- Short-term financial debts -€16,727
down €16,727 (-100.0%), from €16,727 to €0
- Gross operating margin -€21,851
down €21,851 (-24.1%), from €90,697 to €68,847
- Taxes -€6,925
down €6,925 (-25.7%), from €26,924 to €19,999
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 | €800,010 | €810,838 | +€10,828 | +1.4% |
| Fixed assets | 21/28 | €800,000 | €800,000 | = | 0.0% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €10 | €10,838 | +€10,828 | +107097.9% |
| Amounts receivable within one year | 40/41 | - | €8,945 | +€8,945 | |
| Other amounts receivable | 41 | - | €8,945 | +€8,945 | |
| Cash at bank and in hand | 54/58 | €10 | €1,892 | +€1,882 | +18618.4% |
| Total equity and liabilities | 10/49 | €800,010 | €810,838 | +€10,828 | +1.4% |
| Equity | 10/15 | €282,294 | €324,967 | +€42,673 | +15.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €263,744 | €306,417 | +€42,673 | +16.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €261,889 | €304,562 | +€42,673 | +16.3% |
| Amounts payable | 17/49 | €517,717 | €485,871 | -€31,845 | -6.2% |
| Amounts payable after more than one year | 17 | €277,111 | €202,296 | -€74,815 | -27.0% |
| Financial debts | 170/4 | €277,111 | €202,296 | -€74,815 | -27.0% |
| Amounts payable within one year | 42/48 | €240,606 | €283,575 | +€42,969 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €73,218 | €95,516 | +€22,298 | +30.5% |
| Financial debts | 43 | €16,727 | €0 | -€16,727 | -100.0% |
| Credit institutions | 430/8 | €16,727 | €0 | -€16,727 | -100.0% |
| Trade debts | 44 | €3,037 | €1,140 | -€1,897 | -62.5% |
| Suppliers | 440/4 | €3,037 | €1,140 | -€1,897 | -62.5% |
| Taxes, remuneration and social security | 45 | €26,568 | €11,185 | -€15,383 | -57.9% |
| Taxes | 450/3 | €26,568 | €11,185 | -€15,383 | -57.9% |
| Other amounts payable | 47/48 | €121,056 | €175,735 | +€54,679 | +45.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €90,697 | €68,847 | -€21,851 | -24.1% |
| Operating profit (loss) | 9901 | €90,310 | €68,447 | -€21,863 | -24.2% |
| Financial charges | 65/66B | €6,525 | €5,775 | -€750 | -11.5% |
| Recurring financial charges | 65 | €6,525 | €5,775 | -€750 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €83,785 | €62,672 | -€21,113 | -25.2% |
| Income taxes | 67/77 | €26,924 | €19,999 | -€6,925 | -25.7% |
| Profit (loss) for the period | 9904 | €56,861 | €42,673 | -€14,188 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,861 | €42,673 | -€14,188 | -25.0% |
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 12 October 2026 via checked.be.