WETA: 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.
WETA
Largest movements
- Tangible fixed assets +€86,125
up €86,125 (+29.7%), from €289,958 to €376,082
of which Other tangible fixed assets: +€98,811
- Deferred charges and accrued income -€18,885
down €18,885 (-93.5%), from €20,191 to €1,306
- Receivables within one year -€13,874
down €13,874 (-20.0%), from €69,463 to €55,590
of which Trade receivables: -€22,179
- Cash -€9,660
down €9,660 (-40.6%), from €23,821 to €14,161
mainly Investment in fixed assets (net) (-€104,405) and Net result for the year (-€33,169)
- Accrued charges and deferred income +€56,337
up €56,337 (+1,400%), from €4,024 to €60,361
- Other debts +€36,938
up €36,938 (+181%), from €20,395 to €57,333
- Profit (loss) carried forward -€33,169
new in 2025: -€33,169
- Debts after one year -€14,432
down €14,432 (-8.2%), from €175,805 to €161,373
- Gross operating margin -€40,242
down €40,242 (-29.2%), from €137,679 to €97,437
- Staff costs +€18,546
up €18,546 (+20.9%), from €88,832 to €107,378
- Taxes -€6,526
down €6,526 (-100%), from €6,526 to €0
- Depreciation +€4,137
up €4,137 (+29.3%), from €14,143 to €18,280
- Financial charges -€1,904
down €1,904 (-39.4%), from €4,830 to €2,926
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 | €403,433 | €447,140 | +€43,707 | +10.8% |
| Fixed assets | 21/28 | €289,958 | €376,082 | +€86,125 | +29.7% |
| Tangible fixed assets | 22/27 | €289,958 | €376,082 | +€86,125 | +29.7% |
| Land and buildings | 22 | €261,248 | €252,706 | -€8,541 | -3.3% |
| Plant, machinery and equipment | 23 | €10,277 | €7,030 | -€3,246 | -31.6% |
| Furniture and vehicles | 24 | €2,666 | €1,768 | -€899 | -33.7% |
| Other tangible fixed assets | 26 | €15,767 | €114,578 | +€98,811 | +627% |
| Current assets | 29/58 | €113,475 | €71,057 | -€42,418 | -37.4% |
| Amounts receivable within one year | 40/41 | €69,463 | €55,590 | -€13,874 | -20.0% |
| Trade receivables | 40 | €69,463 | €47,284 | -€22,179 | -31.9% |
| Other amounts receivable | 41 | - | €8,305 | +€8,305 | |
| Cash at bank and in hand | 54/58 | €23,821 | €14,161 | -€9,660 | -40.6% |
| Deferred charges and accrued income | 490/1 | €20,191 | €1,306 | -€18,885 | -93.5% |
| Total equity and liabilities | 10/49 | €403,433 | €447,140 | +€43,707 | +10.8% |
| Equity | 10/15 | €161,458 | €128,289 | -€33,169 | -20.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €111,458 | €111,458 | = | 0.0% |
| Distributable reserves | 133 | €111,458 | €111,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€33,169 | -€33,169 | |
| Amounts payable | 17/49 | €241,975 | €318,851 | +€76,876 | +31.8% |
| Amounts payable after more than one year | 17 | €175,805 | €161,373 | -€14,432 | -8.2% |
| Financial debts | 170/4 | €175,805 | €161,373 | -€14,432 | -8.2% |
| Amounts payable within one year | 42/48 | €62,146 | €97,117 | +€34,970 | +56.3% |
| Current portion of amounts payable after more than one year | 42 | €14,213 | €14,432 | +€219 | +1.5% |
| Trade debts | 44 | €7,521 | €4,973 | -€2,548 | -33.9% |
| Suppliers | 440/4 | €7,521 | €4,973 | -€2,548 | -33.9% |
| Taxes, remuneration and social security | 45 | €20,017 | €20,379 | +€361 | +1.8% |
| Taxes | 450/3 | €8,564 | €5,020 | -€3,544 | -41.4% |
| Remuneration and social security | 454/9 | €11,453 | €15,359 | +€3,906 | +34.1% |
| Other amounts payable | 47/48 | €20,395 | €57,333 | +€36,938 | +181% |
| Accrued charges and deferred income | 492/3 | €4,024 | €60,361 | +€56,337 | +1,400% |
| Remuneration, social security and pensions | 62 | €88,832 | €107,378 | +€18,546 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,143 | €18,280 | +€4,137 | +29.3% |
| Other operating charges | 640/8 | €1,983 | €1,726 | -€257 | -13.0% |
| Non-recurring operating charges | 66A | - | €297 | +€297 | |
| Gross operating margin | 9900 | €137,679 | €97,437 | -€40,242 | -29.2% |
| Operating profit (loss) | 9901 | €32,720 | -€30,244 | -€62,964 | |
| Financial income | 75/76B | €3 | €1 | -€2 | -69.9% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -69.9% |
| Financial charges | 65/66B | €4,830 | €2,926 | -€1,904 | -39.4% |
| Recurring financial charges | 65 | €4,830 | €2,926 | -€1,904 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €27,894 | -€33,169 | -€61,063 | |
| Income taxes | 67/77 | €6,526 | €0 | -€6,526 | -100% |
| Profit (loss) for the period | 9904 | €21,367 | -€33,169 | -€54,537 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,367 | -€33,169 | -€54,537 |
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 14 October 2026 via checked.be.