wesco: 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.
wesco
Largest movements
- Receivables within one year +€44,378
up €44,378 (+199.9%), from €22,201 to €66,579
of which Trade receivables: +€29,521
- Tangible fixed assets -€14,446
down €14,446 (-90.4%), from €15,982 to €1,536
- Financial fixed assets -€12,600
no longer reported in 2025 (was €12,600)
- Cash -€11,964
down €11,964 (-15.2%), from €78,457 to €66,494
mainly Receivables within one year (-€44,378) and Net result for the year (-€22,139)
- Stocks and contracts -€7,743
no longer reported in 2025 (was €7,743)
- Trade debts +€27,288
up €27,288 (+136.7%), from €19,962 to €47,250
- Profit (loss) carried forward -€22,139
down €22,139, from €92 to -€22,047
- Other debts -€4,235
no longer reported in 2025 (was €4,235)
- Tax, wage and social debts -€3,288
down €3,288 (-67.9%), from €4,841 to €1,552
- Gross operating margin -€48,188
down €48,188 (-94.4%), from €51,032 to €2,844
- Taxes -€4,895
down €4,895 (-96.7%), from €5,062 to €168
- Depreciation -€4,412
down €4,412 (-85.8%), from €5,139 to €727
- Other operating charges +€1,761
up €1,761 (+383.5%), from €459 to €2,220
- Financial charges +€1,028
up €1,028 (+17.1%), from €6,004 to €7,032
of which Non-recurring financial charges: +€518
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 | €136,984 | €134,610 | -€2,374 | -1.7% |
| Fixed assets | 21/28 | €28,582 | €1,536 | -€27,046 | -94.6% |
| Tangible fixed assets | 22/27 | €15,982 | €1,536 | -€14,446 | -90.4% |
| Plant, machinery and equipment | 23 | €5,920 | - | -€5,920 | |
| Furniture and vehicles | 24 | €3,220 | €1,536 | -€1,684 | -52.3% |
| Other tangible fixed assets | 26 | €6,842 | - | -€6,842 | |
| Financial fixed assets | 28 | €12,600 | - | -€12,600 | |
| Current assets | 29/58 | €108,402 | €133,073 | +€24,672 | +22.8% |
| Stocks and contracts in progress | 3 | €7,743 | - | -€7,743 | |
| Stocks | 30/36 | €7,743 | - | -€7,743 | |
| Amounts receivable within one year | 40/41 | €22,201 | €66,579 | +€44,378 | +199.9% |
| Trade receivables | 40 | €15,786 | €45,308 | +€29,521 | +187.0% |
| Other amounts receivable | 41 | €6,415 | €21,272 | +€14,857 | +231.6% |
| Cash at bank and in hand | 54/58 | €78,457 | €66,494 | -€11,964 | -15.2% |
| Total equity and liabilities | 10/49 | €136,984 | €134,610 | -€2,374 | -1.7% |
| Equity | 10/15 | €107,947 | €85,807 | -€22,139 | -20.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €87,855 | €87,855 | = | 0.0% |
| Distributable reserves | 133 | €87,855 | €87,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92 | -€22,047 | -€22,139 | |
| Amounts payable | 17/49 | €29,037 | €48,802 | +€19,765 | +68.1% |
| Amounts payable within one year | 42/48 | €29,037 | €48,802 | +€19,765 | +68.1% |
| Trade debts | 44 | €19,962 | €47,250 | +€27,288 | +136.7% |
| Suppliers | 440/4 | €19,962 | €47,250 | +€27,288 | +136.7% |
| Taxes, remuneration and social security | 45 | €4,841 | €1,552 | -€3,288 | -67.9% |
| Taxes | 450/3 | €4,841 | €1,552 | -€3,288 | -67.9% |
| Other amounts payable | 47/48 | €4,235 | - | -€4,235 | |
| Remuneration, social security and pensions | 62 | €15,801 | €14,841 | -€960 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,139 | €727 | -€4,412 | -85.8% |
| Other operating charges | 640/8 | €459 | €2,220 | +€1,761 | +383.5% |
| Gross operating margin | 9900 | €51,032 | €2,844 | -€48,188 | -94.4% |
| Operating profit (loss) | 9901 | €29,634 | -€14,944 | -€44,577 | |
| Financial income | 75/76B | €88 | €4 | -€84 | -95.4% |
| Recurring financial income | 75 | €18 | €4 | -€14 | -77.8% |
| Non-recurring financial income | 76B | €70 | - | -€70 | |
| Financial charges | 65/66B | €6,004 | €7,032 | +€1,028 | +17.1% |
| Recurring financial charges | 65 | €6,004 | €6,514 | +€509 | +8.5% |
| Non-recurring financial charges | 66B | - | €518 | +€518 | |
| Profit (loss) for the period before taxes | 9903 | €23,717 | -€21,972 | -€45,689 | |
| Income taxes | 67/77 | €5,062 | €168 | -€4,895 | -96.7% |
| Profit (loss) for the period | 9904 | €18,655 | -€22,139 | -€40,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,655 | -€22,139 | -€40,794 |
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.