WesCREATIONS: 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.
WesCREATIONS
Largest movements
- Cash +€56,109
up €56,109 (+145%), from €38,637 to €94,746
mainly Net result for the year (+€42,117) and Other debts (+€37,082)
- Tangible fixed assets -€26,562
down €26,562 (-10.6%), from €250,066 to €223,504
of which Land and buildings: -€19,786
- Receivables within one year -€4,095
down €4,095 (-18.4%), from €22,304 to €18,209
of which Other amounts receivable: -€4,997
- Other debts +€37,082
up €37,082 (+87.4%), from €42,410 to €79,493
- Debts after one year -€13,857
down €13,857 (-7.1%), from €195,747 to €181,890
- Gross operating margin +€23,203
up €23,203 (+34.6%), from €67,006 to €90,208
- Taxes +€5,935
up €5,935 (+94.0%), from €6,311 to €12,246
- Depreciation -€5,829
down €5,829 (-18.0%), from €32,392 to €26,563
- Financial charges +€2,285
up €2,285 (+41.7%), from €5,485 to €7,770
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 | €363,502 | €388,280 | +€24,778 | +6.8% |
| Fixed assets | 21/28 | €250,066 | €223,504 | -€26,563 | -10.6% |
| Intangible fixed assets | 21 | €1 | €0 | -€1 | -100% |
| Tangible fixed assets | 22/27 | €250,066 | €223,504 | -€26,562 | -10.6% |
| Land and buildings | 22 | €223,957 | €204,171 | -€19,786 | -8.8% |
| Plant, machinery and equipment | 23 | €1,229 | €899 | -€331 | -26.9% |
| Furniture and vehicles | 24 | €24,879 | €18,434 | -€6,446 | -25.9% |
| Current assets | 29/58 | €113,436 | €164,777 | +€51,341 | +45.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,304 | €18,209 | -€4,095 | -18.4% |
| Trade receivables | 40 | €15,101 | €16,004 | +€902 | +6.0% |
| Other amounts receivable | 41 | €7,202 | €2,206 | -€4,997 | -69.4% |
| Cash at bank and in hand | 54/58 | €38,637 | €94,746 | +€56,109 | +145% |
| Deferred charges and accrued income | 490/1 | €2,495 | €1,822 | -€674 | -27.0% |
| Total equity and liabilities | 10/49 | €363,502 | €388,280 | +€24,778 | +6.8% |
| Equity | 10/15 | €102,093 | €102,110 | +€17 | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €100,093 | €100,110 | +€17 | 0.0% |
| Distributable reserves | 133 | €100,093 | €100,110 | +€17 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €261,409 | €286,170 | +€24,761 | +9.5% |
| Amounts payable after more than one year | 17 | €195,747 | €181,890 | -€13,857 | -7.1% |
| Financial debts | 170/4 | €195,747 | €181,890 | -€13,857 | -7.1% |
| Amounts payable within one year | 42/48 | €65,662 | €103,280 | +€37,618 | +57.3% |
| Current portion of amounts payable after more than one year | 42 | €13,712 | €13,857 | +€145 | +1.1% |
| Trade debts | 44 | €1,738 | €1,103 | -€635 | -36.5% |
| Suppliers | 440/4 | €1,738 | €1,103 | -€635 | -36.5% |
| Taxes, remuneration and social security | 45 | €7,802 | €8,827 | +€1,025 | +13.1% |
| Taxes | 450/3 | €7,802 | €8,827 | +€1,025 | +13.1% |
| Other amounts payable | 47/48 | €42,410 | €79,493 | +€37,082 | +87.4% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,392 | €26,563 | -€5,829 | -18.0% |
| Other operating charges | 640/8 | €2,976 | €2,172 | -€804 | -27.0% |
| Gross operating margin | 9900 | €67,006 | €90,208 | +€23,203 | +34.6% |
| Operating profit (loss) | 9901 | €31,638 | €61,473 | +€29,835 | +94.3% |
| Financial income | 75/76B | €662 | €660 | -€2 | -0.4% |
| Recurring financial income | 75 | €662 | €660 | -€2 | -0.4% |
| Financial charges | 65/66B | €5,485 | €7,770 | +€2,285 | +41.7% |
| Recurring financial charges | 65 | €5,485 | €7,770 | +€2,285 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €26,815 | €54,363 | +€27,548 | +103% |
| Income taxes | 67/77 | €6,311 | €12,246 | +€5,935 | +94.0% |
| Profit (loss) for the period | 9904 | €20,504 | €42,117 | +€21,614 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €20,504 | €42,117 | +€21,614 | +105% |
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 27 October 2026 via checked.be.