Skip to content

Wetzels-Tech: 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

Wetzels-Tech

BE 0898.760.626
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,364
2024 · €4,482-€1,118
Equity
€56,148
2024 · €67,126-€10,979
Cash
€32,520
2024 · €23,607+€8,912
Balance sheet total
€96,939
2024 · €85,431+€11,507

Largest movements

2024 to 2025
Assets
  • Cash +€8,912

    up €8,912 (+37.8%), from €23,607 to €32,520

    mainly Other debts (+€14,498) and Trade debts (+€6,179)

  • Receivables within one year +€6,630

    up €6,630 (+43.1%), from €15,393 to €22,023

  • Tangible fixed assets -€5,273

    down €5,273 (-37.1%), from €14,193 to €8,921

    of which Furniture and vehicles: -€4,245

  • Current investments +€1,647

    up €1,647 (+465.2%), from €354 to €2,001

Equity and liabilities
  • Other debts +€14,498

    up €14,498 (+184.5%), from €7,858 to €22,356

  • Reserves -€10,979

    down €10,979 (-53.1%), from €20,685 to €9,707

  • Trade debts +€6,179

    up €6,179 (+91.7%), from €6,736 to €12,915

  • Tax, wage and social debts +€1,809

    up €1,809 (+48.8%), from €3,710 to €5,520

Income statement
  • Taxes +€1,160

    up €1,160 (+207.8%), from €558 to €1,719

  • Depreciation -€919

    down €919 (-14.8%), from €6,192 to €5,273

  • Gross operating margin -€869

    down €869 (-6.9%), from €12,678 to €11,809

From the 2024 result to the 2025 result

effect on the 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 €4,482
Gross operating margin -€869
Depreciation +€919
Other operating charges +€122
Financial income -€19
Financial charges -€110
Taxes -€1,160
Result 2025 €3,364

Cash bridge derived

cash 2024 to 2025

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 +€24,902
Investment -€1,647
Financing -€14,343
Cash 2024 €23,607
Net result for the year +€3,364
Depreciation +€5,273
Stocks and contracts +€496
Receivables within one year -€6,630
Deferred charges and accrued income -€87
Trade debts +€6,179
Tax, wage and social debts +€1,809
Other debts +€14,498
Current investments -€1,647
Contributions, distributions and other -€14,343
Cash 2025 €32,520
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €85,431 €96,939 +€11,507 +13.5%
Fixed assets 21/28 €14,193 €8,921 -€5,273 -37.1%
Tangible fixed assets 22/27 €14,193 €8,921 -€5,273 -37.1%
Furniture and vehicles 24 €4,245 - -€4,245
Other tangible fixed assets 26 €9,949 €8,921 -€1,028 -10.3%
Current assets 29/58 €71,238 €88,018 +€16,780 +23.6%
Stocks and contracts in progress 3 €30,473 €29,977 -€496 -1.6%
Stocks 30/36 €30,473 €29,977 -€496 -1.6%
Amounts receivable within one year 40/41 €15,393 €22,023 +€6,630 +43.1%
Trade receivables 40 €15,393 €22,023 +€6,630 +43.1%
Current investments 50/53 €354 €2,001 +€1,647 +465.2%
Cash at bank and in hand 54/58 €23,607 €32,520 +€8,912 +37.8%
Deferred charges and accrued income 490/1 €1,410 €1,497 +€87 +6.2%
Total equity and liabilities 10/49 €85,431 €96,939 +€11,507 +13.5%
Equity 10/15 €67,126 €56,148 -€10,979 -16.4%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €20,685 €9,707 -€10,979 -53.1%
Distributable reserves 133 €20,685 €9,707 -€10,979 -53.1%
Profit (loss) carried forward 14 €34,041 €34,041 = 0.0%
Amounts payable 17/49 €18,305 €40,791 +€22,486 +122.8%
Amounts payable within one year 42/48 €18,305 €40,791 +€22,486 +122.8%
Trade debts 44 €6,736 €12,915 +€6,179 +91.7%
Suppliers 440/4 €6,736 €12,915 +€6,179 +91.7%
Taxes, remuneration and social security 45 €3,710 €5,520 +€1,809 +48.8%
Taxes 450/3 €3,710 €5,520 +€1,809 +48.8%
Other amounts payable 47/48 €7,858 €22,356 +€14,498 +184.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,192 €5,273 -€919 -14.8%
Other operating charges 640/8 €304 €183 -€122 -40.0%
Gross operating margin 9900 €12,678 €11,809 -€869 -6.9%
Operating profit (loss) 9901 €6,182 €6,353 +€171 +2.8%
Financial income 75/76B €34 €15 -€19 -56.8%
Recurring financial income 75 €34 €15 -€19 -56.8%
Financial charges 65/66B €1,175 €1,285 +€110 +9.3%
Recurring financial charges 65 €1,175 €1,285 +€110 +9.3%
Profit (loss) for the period before taxes 9903 €5,041 €5,083 +€42 +0.8%
Income taxes 67/77 €558 €1,719 +€1,160 +207.8%
Profit (loss) for the period 9904 €4,482 €3,364 -€1,118 -24.9%
Profit (loss) for the period to be appropriated 9905 €4,482 €3,364 -€1,118 -24.9%

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 29 September 2026 via checked.be.