WESINVEST: what changed
What changed
WESINVEST
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€7,913
2024 · €3,758+€4,155
Equity
€55,169
2024 · €47,256+€7,913
Cash
€7,490
2024 · €4,322+€3,168
Balance sheet total
€946,564
2024 · €206,112+€740,452
Largest movements
Assets
- Tangible fixed assets +€558,387
up €558,387 (+686%), from €81,364 to €639,751
- Stocks and contracts +€179,000
new in 2025: €179,000
Equity and liabilities
- Debts after one year +€656,965
up €656,965 (+2,007%), from €32,728 to €689,694
- Other debts +€45,107
up €45,107 (+45.2%), from €99,895 to €145,002
- Current portion of long-term debt +€35,731
up €35,731 (+494%), from €7,228 to €42,960
- Trade debts -€11,636
no longer reported in 2025 (was €11,636)
Income statement
- Other operating charges -€79,403
down €79,403 (-70.5%), from €112,639 to €33,236
- Staff costs +€28,803
up €28,803 (+18.5%), from €155,762 to €184,565
- Financial charges +€24,079
up €24,079 (+1,334%), from €1,805 to €25,884
- Depreciation +€18,380
up €18,380 (+368%), from €4,994 to €23,374
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,758
Gross operating margin
-€2,382
Staff costs
-€28,803
Depreciation
-€18,380
Other operating charges
+€79,403
Financial charges
-€24,079
Taxes
-€1,603
Result 2025
€7,913
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€107,767
Investment
-€581,762
Financing
+€692,697
Cash 2024
€4,322
From operations (derived)
-€107,767
Net result for the year
+€7,913
Depreciation
+€23,374
Stocks and contracts
-€179,000
Receivables within one year
+€104
Trade debts
-€11,636
Tax, wage and social debts
+€2,732
Other debts
+€45,107
Accrued charges and deferred income
+€3,639
Investment (derived)
-€581,762
Investment in fixed assets (net)
-€581,762
Financing
+€692,697
Debts after one year
+€656,965
Current portion of long-term debt
+€35,731
Cash 2025
€7,490
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,112 | €946,564 | +€740,452 | +359% |
| Fixed assets | 21/28 | €81,364 | €639,751 | +€558,387 | +686% |
| Tangible fixed assets | 22/27 | €81,364 | €639,751 | +€558,387 | +686% |
| Land and buildings | 22 | €81,364 | €639,751 | +€558,387 | +686% |
| Current assets | 29/58 | €124,748 | €306,813 | +€182,065 | +146% |
| Stocks and contracts in progress | 3 | - | €179,000 | +€179,000 | |
| Stocks | 30/36 | - | €179,000 | +€179,000 | |
| Amounts receivable within one year | 40/41 | €120,426 | €120,322 | -€104 | -0.1% |
| Trade receivables | 40 | €120,150 | €119,002 | -€1,148 | -1.0% |
| Other amounts receivable | 41 | €276 | €1,321 | +€1,044 | +378% |
| Cash at bank and in hand | 54/58 | €4,322 | €7,490 | +€3,168 | +73.3% |
| Total equity and liabilities | 10/49 | €206,112 | €946,564 | +€740,452 | +359% |
| Equity | 10/15 | €47,256 | €55,169 | +€7,913 | +16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €34,856 | €42,769 | +€7,913 | +22.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €32,996 | €42,769 | +€9,773 | +29.6% |
| Amounts payable | 17/49 | €158,856 | €891,395 | +€732,539 | +461% |
| Amounts payable after more than one year | 17 | €32,728 | €689,694 | +€656,965 | +2,007% |
| Financial debts | 170/4 | €32,728 | €689,694 | +€656,965 | +2,007% |
| Amounts payable within one year | 42/48 | €126,128 | €198,062 | +€71,934 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €7,228 | €42,960 | +€35,731 | +494% |
| Trade debts | 44 | €11,636 | - | -€11,636 | |
| Suppliers | 440/4 | €11,636 | - | -€11,636 | |
| Taxes, remuneration and social security | 45 | €7,369 | €10,101 | +€2,732 | +37.1% |
| Taxes | 450/3 | €1,456 | €4,515 | +€3,059 | +210% |
| Remuneration and social security | 454/9 | €5,913 | €5,586 | -€327 | -5.5% |
| Other amounts payable | 47/48 | €99,895 | €145,002 | +€45,107 | +45.2% |
| Accrued charges and deferred income | 492/3 | - | €3,639 | +€3,639 | |
| Remuneration, social security and pensions | 62 | €155,762 | €184,565 | +€28,803 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,994 | €23,374 | +€18,380 | +368% |
| Other operating charges | 640/8 | €112,639 | €33,236 | -€79,403 | -70.5% |
| Gross operating margin | 9900 | €280,414 | €278,032 | -€2,382 | -0.8% |
| Operating profit (loss) | 9901 | €7,019 | €36,857 | +€29,838 | +425% |
| Financial charges | 65/66B | €1,805 | €25,884 | +€24,079 | +1,334% |
| Recurring financial charges | 65 | €1,805 | €25,884 | +€24,079 | +1,334% |
| Profit (loss) for the period before taxes | 9903 | €5,214 | €10,973 | +€5,758 | +110% |
| Income taxes | 67/77 | €1,456 | €3,059 | +€1,603 | +110% |
| Profit (loss) for the period | 9904 | €3,758 | €7,913 | +€4,155 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €3,758 | €7,913 | +€4,155 | +111% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.