WETIMO: 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.
What changed
WETIMO
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,855
2024 · €269,403-€249,548
Equity
€1.6m
2024 · €1.6m+€19,855
Cash
€218,728
2024 · €343,918-€125,189
Balance sheet total
€2.3m
2024 · €2.0m+€249,096
Largest movements
Assets
- Tangible fixed assets +€276,699
up €276,699 (+17.6%), from €1.6m to €1.8m
of which Land and buildings: +€277,581
- Cash -€125,189
down €125,189 (-36.4%), from €343,918 to €218,728
mainly Investment in fixed assets (net) (-€348,953) and Receivables within one year (-€97,544)
- Receivables within one year +€97,544
up €97,544 (+83.5%), from €116,881 to €214,425
of which Other amounts receivable: +€131,044
Equity and liabilities
- Debts after one year +€243,453
up €243,453 (+110.3%), from €220,653 to €464,106
Income statement
- Gross operating margin -€293,904
down €293,904 (-69.7%), from €421,506 to €127,602
- Taxes -€60,190
down €60,190 (-70.9%), from €84,836 to €24,646
- Depreciation +€47,715
up €47,715 (+194.4%), from €24,539 to €72,254
- Financial income +€6,404
up €6,404 (+506.3%), from €1,265 to €7,669
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.
Result 2024
€269,403
Gross operating margin
-€293,904
Depreciation
-€47,715
Write-downs
-€3,000
Other operating charges
-€1,669
Financial income
+€6,404
Financial charges
-€2,959
Taxes
+€60,190
Deferred taxes and other
+€33,106
Result 2025
€19,855
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.
From operations
-€18,136
Investment
-€348,953
Financing
+€241,900
Cash 2024
€343,918
From operations (derived)
-€18,136
Net result for the year
+€19,855
Depreciation
+€72,254
Receivables within one year
-€97,544
Smaller working-capital items
+€1,207
Provisions
-€7,923
Tax, wage and social debts
-€5,986
Investment (derived)
-€348,953
Investment in fixed assets (net)
-€348,953
Financing
+€241,900
Debts after one year
+€243,453
Current portion of long-term debt
-€1,553
Cash 2025
€218,728
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,037,764 | €2,286,860 | +€249,096 | +12.2% |
| Fixed assets | 21/28 | €1,570,516 | €1,847,214 | +€276,699 | +17.6% |
| Tangible fixed assets | 22/27 | €1,570,516 | €1,847,214 | +€276,699 | +17.6% |
| Land and buildings | 22 | €1,558,972 | €1,836,553 | +€277,581 | +17.8% |
| Plant, machinery and equipment | 23 | €680 | €3,190 | +€2,510 | +368.9% |
| Furniture and vehicles | 24 | €10,863 | €7,471 | -€3,392 | -31.2% |
| Current assets | 29/58 | €467,249 | €439,646 | -€27,603 | -5.9% |
| Amounts receivable after more than one year | 29 | €5,579 | €5,579 | = | 0.0% |
| Other amounts receivable | 291 | €5,579 | €5,579 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €116,881 | €214,425 | +€97,544 | +83.5% |
| Trade receivables | 40 | €34,130 | €630 | -€33,500 | -98.2% |
| Other amounts receivable | 41 | €82,751 | €213,795 | +€131,044 | +158.4% |
| Cash at bank and in hand | 54/58 | €343,918 | €218,728 | -€125,189 | -36.4% |
| Deferred charges and accrued income | 490/1 | €871 | €914 | +€43 | +4.9% |
| Total equity and liabilities | 10/49 | €2,037,764 | €2,286,860 | +€249,096 | +12.2% |
| Equity | 10/15 | €1,578,201 | €1,598,056 | +€19,855 | +1.3% |
| Contributions | 10/11 | €62,040 | €62,040 | = | 0.0% |
| Capital | 10 | €62,040 | €62,040 | = | 0.0% |
| Issued capital | 100 | €62,040 | €62,040 | = | 0.0% |
| Reserves | 13 | €1,516,161 | €1,536,016 | +€19,855 | +1.3% |
| Non-distributable reserves | 130/1 | €16,500 | €16,500 | = | 0.0% |
| Legal reserve | 130 | €16,500 | €16,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €370,422 | €348,739 | -€21,683 | -5.9% |
| Distributable reserves | 133 | €1,129,239 | €1,170,776 | +€41,538 | +3.7% |
| Provisions and deferred taxes | 16 | €143,739 | €135,817 | -€7,923 | -5.5% |
| Deferred taxes | 168 | €143,739 | €135,817 | -€7,923 | -5.5% |
| Amounts payable | 17/49 | €315,824 | €552,988 | +€237,164 | +75.1% |
| Amounts payable after more than one year | 17 | €220,653 | €464,106 | +€243,453 | +110.3% |
| Financial debts | 170/4 | €220,653 | €464,106 | +€243,453 | +110.3% |
| Amounts payable within one year | 42/48 | €87,400 | €81,111 | -€6,290 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €26,130 | €24,576 | -€1,553 | -5.9% |
| Trade debts | 44 | €11,519 | €12,146 | +€626 | +5.4% |
| Suppliers | 440/4 | €11,519 | €12,146 | +€626 | +5.4% |
| Taxes, remuneration and social security | 45 | €16,069 | €10,082 | -€5,986 | -37.3% |
| Taxes | 450/3 | €16,069 | €10,082 | -€5,986 | -37.3% |
| Other amounts payable | 47/48 | €33,683 | €34,307 | +€623 | +1.9% |
| Accrued charges and deferred income | 492/3 | €7,771 | €7,771 | = | 0.0% |
| Non-recurring operating income | 76A | €458,473 | €186,686 | -€271,787 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,539 | €72,254 | +€47,715 | +194.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €5,347 | €7,016 | +€1,669 | +31.2% |
| Gross operating margin | 9900 | €421,506 | €127,602 | -€293,904 | -69.7% |
| Operating profit (loss) | 9901 | €391,620 | €45,332 | -€346,289 | -88.4% |
| Financial income | 75/76B | €1,265 | €7,669 | +€6,404 | +506.3% |
| Recurring financial income | 75 | €1,265 | €7,669 | +€6,404 | +506.3% |
| Financial charges | 65/66B | €13,463 | €16,423 | +€2,959 | +22.0% |
| Recurring financial charges | 65 | €13,463 | €16,423 | +€2,959 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €379,422 | €36,578 | -€342,844 | -90.4% |
| Transfer from deferred taxes | 780 | €20,393 | €7,923 | -€12,470 | -61.2% |
| Transfer to deferred taxes | 680 | €45,576 | - | -€45,576 | |
| Income taxes | 67/77 | €84,836 | €24,646 | -€60,190 | -70.9% |
| Profit (loss) for the period | 9904 | €269,403 | €19,855 | -€249,548 | -92.6% |
| Transfer from tax-exempt reserves | 789 | €41,367 | €21,683 | -€19,684 | -47.6% |
| Transfer to tax-exempt reserves | 689 | €136,728 | - | -€136,728 | |
| Profit (loss) for the period to be appropriated | 9905 | €174,042 | €41,538 | -€132,504 | -76.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.