WESLADY: 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.
WESLADY
Largest movements
- Cash -€35,260
down €35,260 (-55.0%), from €64,077 to €28,816
mainly Receivables within one year (-€29,261) and Tax, wage and social debts (-€17,410)
- Receivables within one year +€29,261
up €29,261 (+51.5%), from €56,819 to €86,080
of which Other amounts receivable: +€28,742
- Tangible fixed assets -€22,581
down €22,581 (-17.5%), from €128,710 to €106,130
of which Other tangible fixed assets: -€19,078
- Tax, wage and social debts -€17,410
down €17,410 (-56.1%), from €31,059 to €13,649
of which Taxes: -€30,772
- Debts after one year -€14,000
no longer reported in 2025 (was €14,000)
- Current portion of long-term debt -€7,000
down €7,000 (-33.3%), from €21,000 to €14,000
- Trade debts +€5,257
up €5,257 (+30.0%), from €17,515 to €22,772
- Staff costs +€24,468
up €24,468 (+23.5%), from €104,030 to €128,497
- Gross operating margin -€11,245
down €11,245 (-6.5%), from €172,126 to €160,882
- Taxes -€10,757
down €10,757 (-78.9%), from €13,642 to €2,885
- Financial income -€2,096
down €2,096 (-69.0%), from €3,037 to €941
of which Non-recurring financial income: -€2,203
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 | €255,307 | €224,785 | -€30,522 | -12.0% |
| Fixed assets | 21/28 | €128,760 | €106,180 | -€22,581 | -17.5% |
| Tangible fixed assets | 22/27 | €128,710 | €106,130 | -€22,581 | -17.5% |
| Plant, machinery and equipment | 23 | €5,378 | €2,454 | -€2,924 | -54.4% |
| Furniture and vehicles | 24 | €3,354 | €2,776 | -€578 | -17.2% |
| Other tangible fixed assets | 26 | €119,978 | €100,900 | -€19,078 | -15.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €126,547 | €118,606 | -€7,941 | -6.3% |
| Stocks and contracts in progress | 3 | €2,250 | €2,250 | = | 0.0% |
| Stocks | 30/36 | €2,250 | €2,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,819 | €86,080 | +€29,261 | +51.5% |
| Trade receivables | 40 | €1,838 | €2,357 | +€519 | +28.2% |
| Other amounts receivable | 41 | €54,981 | €83,723 | +€28,742 | +52.3% |
| Cash at bank and in hand | 54/58 | €64,077 | €28,816 | -€35,260 | -55.0% |
| Deferred charges and accrued income | 490/1 | €3,401 | €1,459 | -€1,942 | -57.1% |
| Total equity and liabilities | 10/49 | €255,307 | €224,785 | -€30,522 | -12.0% |
| Equity | 10/15 | €166,558 | €168,467 | +€1,909 | +1.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €116,558 | €118,467 | +€1,909 | +1.6% |
| Distributable reserves | 133 | €116,558 | €118,467 | +€1,909 | +1.6% |
| Amounts payable | 17/49 | €88,750 | €56,319 | -€32,431 | -36.5% |
| Amounts payable after more than one year | 17 | €14,000 | - | -€14,000 | |
| Financial debts | 170/4 | €14,000 | - | -€14,000 | |
| Amounts payable within one year | 42/48 | €69,575 | €52,704 | -€16,871 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | €14,000 | -€7,000 | -33.3% |
| Financial debts | 43 | - | €2,282 | +€2,282 | |
| Credit institutions | 430/8 | - | €2,282 | +€2,282 | |
| Trade debts | 44 | €17,515 | €22,772 | +€5,257 | +30.0% |
| Suppliers | 440/4 | €17,515 | €22,772 | +€5,257 | +30.0% |
| Taxes, remuneration and social security | 45 | €31,059 | €13,649 | -€17,410 | -56.1% |
| Taxes | 450/3 | €31,059 | €287 | -€30,772 | -99.1% |
| Remuneration and social security | 454/9 | - | €13,362 | +€13,362 | |
| Accrued charges and deferred income | 492/3 | €5,175 | €3,615 | -€1,560 | -30.1% |
| Remuneration, social security and pensions | 62 | €104,030 | €128,497 | +€24,468 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,584 | €23,620 | +€1,036 | +4.6% |
| Other operating charges | 640/8 | €1,518 | €2,302 | +€784 | +51.7% |
| Gross operating margin | 9900 | €172,126 | €160,882 | -€11,245 | -6.5% |
| Operating profit (loss) | 9901 | €43,995 | €6,462 | -€37,532 | -85.3% |
| Financial income | 75/76B | €3,037 | €941 | -€2,096 | -69.0% |
| Recurring financial income | 75 | €835 | €941 | +€106 | +12.7% |
| Non-recurring financial income | 76B | €2,203 | - | -€2,203 | |
| Financial charges | 65/66B | €2,572 | €2,609 | +€37 | +1.5% |
| Recurring financial charges | 65 | €2,572 | €2,609 | +€37 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €44,460 | €4,794 | -€39,666 | -89.2% |
| Income taxes | 67/77 | €13,642 | €2,885 | -€10,757 | -78.9% |
| Profit (loss) for the period | 9904 | €30,818 | €1,909 | -€28,909 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,818 | €1,909 | -€28,909 | -93.8% |
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 21 October 2026 via checked.be.