WESLEY CAMPANA: what changed
WESLEY CAMPANA
Largest movements
- Tangible fixed assets +€4,671
up €4,671 (+231%), from €2,020 to €6,691
of which Plant, machinery and equipment: +€4,868
- Deferred charges and accrued income +€1,175
new in 2025: €1,175
- Cash -€775
down €775 (-4.4%), from €17,659 to €16,884
mainly Investment in fixed assets (net) (-€5,715) and Deferred charges and accrued income (-€1,175)
- Tax, wage and social debts +€2,825
up €2,825 (+57.8%), from €4,884 to €7,709
- Reserves +€2,320
up €2,320 (+22.7%), from €10,226 to €12,546
- Other debts -€340
no longer reported in 2025 (was €340)
- Gross operating margin -€9,338
down €9,338 (-59.6%), from €15,659 to €6,321
- Taxes -€2,059
down €2,059 (-42.2%), from €4,884 to €2,825
- Depreciation +€595
up €595 (+132%), from €449 to €1,044
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,749 | €24,750 | +€5,000 | +25.3% |
| Fixed assets | 21/28 | €2,020 | €6,691 | +€4,671 | +231% |
| Tangible fixed assets | 22/27 | €2,020 | €6,691 | +€4,671 | +231% |
| Plant, machinery and equipment | 23 | - | €4,868 | +€4,868 | |
| Furniture and vehicles | 24 | €2,020 | €1,823 | -€197 | -9.7% |
| Current assets | 29/58 | €17,729 | €18,059 | +€330 | +1.9% |
| Amounts receivable within one year | 40/41 | €70 | - | -€70 | |
| Trade receivables | 40 | €70 | - | -€70 | |
| Cash at bank and in hand | 54/58 | €17,659 | €16,884 | -€775 | -4.4% |
| Deferred charges and accrued income | 490/1 | - | €1,175 | +€1,175 | |
| Total equity and liabilities | 10/49 | €19,749 | €24,750 | +€5,000 | +25.3% |
| Equity | 10/15 | €13,926 | €16,246 | +€2,320 | +16.7% |
| Contributions | 10/11 | €3,700 | €3,700 | = | 0.0% |
| Reserves | 13 | €10,226 | €12,546 | +€2,320 | +22.7% |
| Distributable reserves | 133 | €10,226 | €12,546 | +€2,320 | +22.7% |
| Amounts payable | 17/49 | €5,823 | €8,504 | +€2,681 | +46.0% |
| Amounts payable within one year | 42/48 | €5,324 | €7,867 | +€2,543 | +47.8% |
| Trade debts | 44 | €100 | €157 | +€57 | +57.4% |
| Suppliers | 440/4 | €100 | €157 | +€57 | +57.4% |
| Taxes, remuneration and social security | 45 | €4,884 | €7,709 | +€2,825 | +57.8% |
| Taxes | 450/3 | €4,884 | €7,709 | +€2,825 | +57.8% |
| Other amounts payable | 47/48 | €340 | - | -€340 | |
| Accrued charges and deferred income | 492/3 | €499 | €637 | +€138 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €449 | €1,044 | +€595 | +132% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €15,659 | €6,321 | -€9,338 | -59.6% |
| Operating profit (loss) | 9901 | €15,148 | €5,215 | -€9,932 | -65.6% |
| Financial charges | 65/66B | €37 | €71 | +€34 | +91.1% |
| Recurring financial charges | 65 | €37 | €71 | +€34 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €15,111 | €5,145 | -€9,966 | -66.0% |
| Income taxes | 67/77 | €4,884 | €2,825 | -€2,059 | -42.2% |
| Profit (loss) for the period | 9904 | €10,226 | €2,320 | -€7,907 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,226 | €2,320 | -€7,907 | -77.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.