WESHIFT: 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.
WESHIFT
Largest movements
- Intangible fixed assets -€3,804
no longer reported in 2025 (was €3,804)
- Receivables within one year +€2,494
up €2,494 (+23.1%), from €10,783 to €13,277
of which Trade receivables: +€2,420
- Cash -€1,351
down €1,351 (-62.2%), from €2,172 to €820
mainly Debts after one year (-€2,500) and Receivables within one year (-€2,494)
- Debts after one year -€2,500
down €2,500 (-3.0%), from €82,421 to €79,921
- Profit (loss) carried forward -€225
down €225 (-0.1%), from -€225,582 to -€225,808
- Gross operating margin +€6,276
up €6,276, from -€1,874 to €4,402
- Other operating charges -€370
down €370 (-40.8%), from €909 to €538
- Depreciation -€196
down €196 (-4.9%), from €4,000 to €3,804
- Financial charges +€99
up €99 (+53.2%), from €187 to €286
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 | €16,858 | €14,217 | -€2,641 | -15.7% |
| Fixed assets | 21/28 | €3,804 | - | -€3,804 | |
| Intangible fixed assets | 21 | €3,804 | - | -€3,804 | |
| Current assets | 29/58 | €13,055 | €14,217 | +€1,163 | +8.9% |
| Amounts receivable within one year | 40/41 | €10,783 | €13,277 | +€2,494 | +23.1% |
| Trade receivables | 40 | - | €2,420 | +€2,420 | |
| Other amounts receivable | 41 | €10,783 | €10,857 | +€74 | +0.7% |
| Cash at bank and in hand | 54/58 | €2,172 | €820 | -€1,351 | -62.2% |
| Deferred charges and accrued income | 490/1 | €100 | €120 | +€20 | +20.0% |
| Total equity and liabilities | 10/49 | €16,858 | €14,217 | -€2,641 | -15.7% |
| Equity | 10/15 | -€175,582 | -€175,808 | -€225 | -0.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,582 | -€225,808 | -€225 | -0.1% |
| Amounts payable | 17/49 | €192,440 | €190,025 | -€2,416 | -1.3% |
| Amounts payable after more than one year | 17 | €82,421 | €79,921 | -€2,500 | -3.0% |
| Other amounts payable | 178/9 | €82,421 | €79,921 | -€2,500 | -3.0% |
| Amounts payable within one year | 42/48 | €110,019 | €110,103 | +€84 | +0.1% |
| Trade debts | 44 | €19 | €42 | +€23 | +123.4% |
| Suppliers | 440/4 | €19 | €42 | +€23 | +123.4% |
| Taxes, remuneration and social security | 45 | - | €61 | +€61 | |
| Taxes | 450/3 | - | €61 | +€61 | |
| Other amounts payable | 47/48 | €110,000 | €110,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €3,804 | -€196 | -4.9% |
| Other operating charges | 640/8 | €909 | €538 | -€370 | -40.8% |
| Gross operating margin | 9900 | -€1,874 | €4,402 | +€6,276 | |
| Operating profit (loss) | 9901 | -€6,782 | €60 | +€6,843 | |
| Financial charges | 65/66B | €187 | €286 | +€99 | +53.2% |
| Recurring financial charges | 65 | €187 | €286 | +€99 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,969 | -€225 | +€6,743 | +96.8% |
| Profit (loss) for the period | 9904 | -€6,969 | -€225 | +€6,743 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,969 | -€225 | +€6,743 | +96.8% |
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 29 September 2026 via checked.be.