WETHESUN: what changed
Two fiscal 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.
WETHESUN
Largest movements
- Cash +€56,677
up €56,677 (+127.2%), from €44,544 to €101,221
mainly Net result for the year (+€60,395) and Other debts (+€48,088)
- Tangible fixed assets -€22,586
down €22,586 (-10.2%), from €221,552 to €198,965
of which Land and buildings: -€14,648
- Receivables within one year -€11,555
down €11,555 (-31.1%), from €37,207 to €25,652
of which Trade receivables: -€11,673
- Profit (loss) carried forward +€60,395
up €60,395 (+91.0%), from €66,403 to €126,798
- Accrued charges and deferred income -€53,195
down €53,195 (-100.0%), from €53,216 to €21
- Other debts +€48,088
new in 2025: €48,088
- Debts after one year -€36,254
down €36,254 (-29.0%), from €125,215 to €88,961
- Tax, wage and social debts +€6,350
up €6,350 (+34.1%), from €18,623 to €24,973
of which Remuneration and social security: +€5,763
- Depreciation +€18,753
up €18,753 (+116.0%), from €16,161 to €34,914
- Gross operating margin +€8,471
up €8,471 (+5.3%), from €159,292 to €167,763
- Staff costs -€1,696
down €1,696 (-3.4%), from €49,455 to €47,759
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.
Cash bridge derived
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 | €307,566 | €333,131 | +€25,565 | +8.3% |
| Fixed assets | 21/28 | €224,319 | €201,883 | -€22,436 | -10.0% |
| Tangible fixed assets | 22/27 | €221,552 | €198,965 | -€22,586 | -10.2% |
| Land and buildings | 22 | €143,138 | €128,490 | -€14,648 | -10.2% |
| Plant, machinery and equipment | 23 | €17,216 | €22,271 | +€5,055 | +29.4% |
| Furniture and vehicles | 24 | €19,353 | €15,145 | -€4,209 | -21.7% |
| Leasing and similar rights | 25 | €41,844 | €32,809 | -€9,035 | -21.6% |
| Assets under construction and advance payments | 27 | - | €250 | +€250 | |
| Financial fixed assets | 28 | €2,767 | €2,917 | +€150 | +5.4% |
| Current assets | 29/58 | €83,247 | €131,248 | +€48,001 | +57.7% |
| Stocks and contracts in progress | 3 | - | €2,732 | +€2,732 | |
| Stocks | 30/36 | - | €2,732 | +€2,732 | |
| Amounts receivable within one year | 40/41 | €37,207 | €25,652 | -€11,555 | -31.1% |
| Trade receivables | 40 | €13,863 | €2,190 | -€11,673 | -84.2% |
| Other amounts receivable | 41 | €23,344 | €23,462 | +€118 | +0.5% |
| Cash at bank and in hand | 54/58 | €44,544 | €101,221 | +€56,677 | +127.2% |
| Deferred charges and accrued income | 490/1 | €1,496 | €1,643 | +€148 | +9.9% |
| Total equity and liabilities | 10/49 | €307,566 | €333,131 | +€25,565 | +8.3% |
| Equity | 10/15 | €69,403 | €129,798 | +€60,395 | +87.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,403 | €126,798 | +€60,395 | +91.0% |
| Amounts payable | 17/49 | €238,163 | €203,333 | -€34,830 | -14.6% |
| Amounts payable after more than one year | 17 | €125,215 | €88,961 | -€36,254 | -29.0% |
| Financial debts | 170/4 | €125,215 | €88,961 | -€36,254 | -29.0% |
| Amounts payable within one year | 42/48 | €59,731 | €114,350 | +€54,619 | +91.4% |
| Current portion of amounts payable after more than one year | 42 | €34,989 | €36,254 | +€1,265 | +3.6% |
| Trade debts | 44 | €6,119 | €5,036 | -€1,084 | -17.7% |
| Suppliers | 440/4 | €6,119 | €5,036 | -€1,084 | -17.7% |
| Taxes, remuneration and social security | 45 | €18,623 | €24,973 | +€6,350 | +34.1% |
| Taxes | 450/3 | €15,591 | €16,178 | +€587 | +3.8% |
| Remuneration and social security | 454/9 | €3,032 | €8,795 | +€5,763 | +190.1% |
| Other amounts payable | 47/48 | - | €48,088 | +€48,088 | |
| Accrued charges and deferred income | 492/3 | €53,216 | €21 | -€53,195 | -100.0% |
| Remuneration, social security and pensions | 62 | €49,455 | €47,759 | -€1,696 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,161 | €34,914 | +€18,753 | +116.0% |
| Other operating charges | 640/8 | €1,295 | €87 | -€1,208 | -93.3% |
| Gross operating margin | 9900 | €159,292 | €167,763 | +€8,471 | +5.3% |
| Operating profit (loss) | 9901 | €92,380 | €85,004 | -€7,377 | -8.0% |
| Financial charges | 65/66B | €10,386 | €8,941 | -€1,445 | -13.9% |
| Recurring financial charges | 65 | €10,386 | €8,941 | -€1,445 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €81,994 | €76,063 | -€5,932 | -7.2% |
| Income taxes | 67/77 | €15,591 | €15,668 | +€76 | +0.5% |
| Profit (loss) for the period | 9904 | €66,403 | €60,395 | -€6,008 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,403 | €60,395 | -€6,008 | -9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.