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WESID: 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.

What changed

WESID

BE 0453.532.705
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,660
2024 · €4,556+€104
Equity
€136,304
2024 · €131,644+€4,660
Cash
€1,292
2024 · €5,753-€4,461
Balance sheet total
€139,978
2024 · €164,726-€24,748

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€20,287

    down €20,287 (-13.1%), from €154,985 to €134,698

  • Cash -€4,461

    down €4,461 (-77.5%), from €5,753 to €1,292

    mainly Debts after one year (-€29,747)

Equity and liabilities
  • Debts after one year -€29,747

    no longer reported in 2025 (was €29,747)

  • Reserves +€4,660

    up €4,660 (+4.6%), from €100,658 to €105,318

    of which Distributable reserves: +€4,660

Income statement
  • Financial income +€676

    up €676 (+8.3%), from €8,139 to €8,815

  • Gross operating margin -€447

    down €447 (-42.1%), from -€1,062 to -€1,508

  • Taxes +€106

    up €106 (+4.7%), from €2,280 to €2,386

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,556
Gross operating margin -€447
Other operating charges -€9
Financial income +€676
Financial charges -€9
Taxes -€106
Result 2025 €4,660

Cash bridge derived

cash 2024 to 2025

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.

From operations +€25,286
Investment €0
Financing -€29,747
Cash 2024 €5,753
Net result for the year +€4,660
Receivables within one year +€20,287
Trade debts +€232
Tax, wage and social debts +€106
Debts after one year -€29,747
Cash 2025 €1,292
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €164,726 €139,978 -€24,748 -15.0%
Fixed assets 21/28 €3,989 €3,989 = 0.0%
Financial fixed assets 28 €3,989 €3,989 = 0.0%
Current assets 29/58 €160,738 €135,989 -€24,748 -15.4%
Amounts receivable within one year 40/41 €154,985 €134,698 -€20,287 -13.1%
Other amounts receivable 41 €154,985 €134,698 -€20,287 -13.1%
Cash at bank and in hand 54/58 €5,753 €1,292 -€4,461 -77.5%
Total equity and liabilities 10/49 €164,726 €139,978 -€24,748 -15.0%
Equity 10/15 €131,644 €136,304 +€4,660 +3.5%
Contributions 10/11 €30,987 €30,987 = 0.0%
Capital 10 €30,987 €30,987 = 0.0%
Issued capital 100 €30,987 €30,987 = 0.0%
Reserves 13 €100,658 €105,318 +€4,660 +4.6%
Non-distributable reserves 130/1 €3,099 €3,099 = 0.0%
Legal reserve 130 €3,099 €3,099 = 0.0%
Tax-exempt reserves 132 €27,061 €27,061 = 0.0%
Distributable reserves 133 €70,498 €75,158 +€4,660 +6.6%
Amounts payable 17/49 €33,082 €3,673 -€29,409 -88.9%
Amounts payable after more than one year 17 €29,747 - -€29,747
Financial debts 170/4 €29,747 - -€29,747
Amounts payable within one year 42/48 €3,335 €3,673 +€338 +10.1%
Trade debts 44 €1,055 €1,287 +€232 +22.0%
Suppliers 440/4 €1,055 €1,287 +€232 +22.0%
Taxes, remuneration and social security 45 €2,280 €2,386 +€106 +4.7%
Taxes 450/3 €2,280 €2,386 +€106 +4.7%
Other operating charges 640/8 €173 €182 +€9 +5.3%
Gross operating margin 9900 -€1,062 -€1,508 -€447 -42.1%
Operating profit (loss) 9901 -€1,234 -€1,690 -€456 -37.0%
Financial income 75/76B €8,139 €8,815 +€676 +8.3%
Recurring financial income 75 €8,139 €8,815 +€676 +8.3%
Financial charges 65/66B €69 €79 +€9 +13.1%
Recurring financial charges 65 €69 €79 +€9 +13.1%
Profit (loss) for the period before taxes 9903 €6,836 €7,046 +€210 +3.1%
Income taxes 67/77 €2,280 €2,386 +€106 +4.7%
Profit (loss) for the period 9904 €4,556 €4,660 +€104 +2.3%
Profit (loss) for the period to be appropriated 9905 €4,556 €4,660 +€104 +2.3%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.