Wesp: 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.
Wesp
Largest movements
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Cash +€39,626
up €39,626 (+113%), from €35,124 to €74,750
mainly Current investments (+€75,000) and Receivables within one year (+€12,536)
- Receivables within one year -€12,536
down €12,536 (-90.3%), from €13,877 to €1,341
of which Trade receivables: -€9,639
- Deferred charges and accrued income +€7,612
up €7,612 (+52.9%), from €14,403 to €22,016
- Tangible fixed assets -€3,058
down €3,058 (-48.8%), from €6,273 to €3,215
of which Plant, machinery and equipment: -€2,778
- Reserves -€19,117
down €19,117 (-33.0%), from €57,916 to €38,799
- Accrued charges and deferred income -€12,673
down €12,673 (-20.5%), from €61,779 to €49,106
- Tax, wage and social debts -€7,099
down €7,099 (-36.8%), from €19,303 to €12,203
- Trade debts -€6,075
down €6,075 (-83.4%), from €7,287 to €1,212
- Gross operating margin -€52,153
down €52,153 (-31.2%), from €166,950 to €114,797
- Other operating charges -€27,755
down €27,755 (-90.8%), from €30,561 to €2,806
- Staff costs -€24,176
down €24,176 (-16.4%), from €147,560 to €123,384
- Purchases and services +€14,422
up €14,422 (+4.4%), from €329,860 to €344,281
- Depreciation -€3,245
down €3,245 (-51.5%), from €6,303 to €3,058
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 | €146,285 | €101,321 | -€44,964 | -30.7% |
| Fixed assets | 21/28 | €6,273 | €3,215 | -€3,058 | -48.8% |
| Tangible fixed assets | 22/27 | €6,273 | €3,215 | -€3,058 | -48.8% |
| Plant, machinery and equipment | 23 | €5,556 | €2,778 | -€2,778 | -50.0% |
| Furniture and vehicles | 24 | €717 | €437 | -€280 | -39.1% |
| Current assets | 29/58 | €140,012 | €98,106 | -€41,906 | -29.9% |
| Stocks and contracts in progress | 3 | €1,608 | - | -€1,608 | |
| Stocks | 30/36 | €1,608 | - | -€1,608 | |
| Amounts receivable within one year | 40/41 | €13,877 | €1,341 | -€12,536 | -90.3% |
| Trade receivables | 40 | €9,941 | €303 | -€9,639 | -97.0% |
| Other amounts receivable | 41 | €3,935 | €1,038 | -€2,897 | -73.6% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €35,124 | €74,750 | +€39,626 | +113% |
| Deferred charges and accrued income | 490/1 | €14,403 | €22,016 | +€7,612 | +52.9% |
| Total equity and liabilities | 10/49 | €146,285 | €101,321 | -€44,964 | -30.7% |
| Equity | 10/15 | €57,916 | €38,799 | -€19,117 | -33.0% |
| Reserves | 13 | €57,916 | €38,799 | -€19,117 | -33.0% |
| Amounts payable | 17/49 | €88,369 | €62,522 | -€25,847 | -29.2% |
| Amounts payable within one year | 42/48 | €26,590 | €13,415 | -€13,175 | -49.5% |
| Trade debts | 44 | €7,287 | €1,212 | -€6,075 | -83.4% |
| Suppliers | 440/4 | €7,287 | €1,212 | -€6,075 | -83.4% |
| Taxes, remuneration and social security | 45 | €19,303 | €12,203 | -€7,099 | -36.8% |
| Remuneration and social security | 454/9 | €19,303 | €12,203 | -€7,099 | -36.8% |
| Accrued charges and deferred income | 492/3 | €61,779 | €49,106 | -€12,673 | -20.5% |
| Turnover | 70 | €248,553 | €250,192 | +€1,639 | +0.7% |
| Membership fees, donations, legacies and grants | 73 | €246,757 | €205,461 | -€41,296 | -16.7% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €329,860 | €344,281 | +€14,422 | +4.4% |
| Remuneration, social security and pensions | 62 | €147,560 | €123,384 | -€24,176 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,303 | €3,058 | -€3,245 | -51.5% |
| Other operating charges | 640/8 | €30,561 | €2,806 | -€27,755 | -90.8% |
| Gross operating margin | 9900 | €166,950 | €114,797 | -€52,153 | -31.2% |
| Operating profit (loss) | 9901 | -€17,474 | -€14,451 | +€3,023 | +17.3% |
| Financial income | 75/76B | €205 | €1,396 | +€1,191 | +582% |
| Recurring financial income | 75 | €205 | €1,396 | +€1,191 | +582% |
| Financial charges | 65/66B | €4,319 | €6,062 | +€1,743 | +40.4% |
| Recurring financial charges | 65 | €4,319 | €6,062 | +€1,743 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,589 | -€19,117 | +€2,472 | +11.4% |
| Profit (loss) for the period | 9904 | -€21,589 | -€19,117 | +€2,472 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,589 | -€19,117 | +€2,472 | +11.4% |
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 13 October 2026 via checked.be.