WEVE: 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.
WEVE
Largest movements
- Cash +€32,307
up €32,307 (+20.6%), from €156,947 to €189,254
mainly Net result for the year (+€20,005) and Receivables within one year (+€15,534)
- Receivables within one year -€15,534
down €15,534 (-48.4%), from €32,113 to €16,579
of which Trade receivables: -€19,502
- Current investments +€4,498
up €4,498 (+24.5%), from €18,389 to €22,887
- Tangible fixed assets -€2,912
down €2,912 (-39.3%), from €7,402 to €4,489
of which Furniture and vehicles: -€2,680
- Reserves +€20,005
up €20,005 (+10.2%), from €196,811 to €216,816
of which Distributable reserves: +€20,005
- Other debts -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Gross operating margin -€62,012
down €62,012 (-64.4%), from €96,264 to €34,253
- Taxes -€14,026
down €14,026 (-56.1%), from €25,013 to €10,987
- Financial income -€1,789
down €1,789 (-70.8%), from €2,525 to €736
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 | €216,469 | €233,342 | +€16,872 | +7.8% |
| Fixed assets | 21/28 | €7,402 | €4,489 | -€2,912 | -39.3% |
| Tangible fixed assets | 22/27 | €7,402 | €4,489 | -€2,912 | -39.3% |
| Plant, machinery and equipment | 23 | €233 | €0 | -€233 | -100.0% |
| Furniture and vehicles | 24 | €7,169 | €4,489 | -€2,680 | -37.4% |
| Current assets | 29/58 | €209,068 | €228,852 | +€19,785 | +9.5% |
| Amounts receivable within one year | 40/41 | €32,113 | €16,579 | -€15,534 | -48.4% |
| Trade receivables | 40 | €27,928 | €8,426 | -€19,502 | -69.8% |
| Other amounts receivable | 41 | €4,185 | €8,153 | +€3,968 | +94.8% |
| Current investments | 50/53 | €18,389 | €22,887 | +€4,498 | +24.5% |
| Cash at bank and in hand | 54/58 | €156,947 | €189,254 | +€32,307 | +20.6% |
| Deferred charges and accrued income | 490/1 | €1,618 | €132 | -€1,486 | -91.8% |
| Total equity and liabilities | 10/49 | €216,469 | €233,342 | +€16,872 | +7.8% |
| Equity | 10/15 | €201,811 | €221,816 | +€20,005 | +9.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €196,811 | €216,816 | +€20,005 | +10.2% |
| Tax-exempt reserves | 132 | €5,874 | €5,874 | = | 0.0% |
| Distributable reserves | 133 | €190,936 | €210,941 | +€20,005 | +10.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,659 | €11,526 | -€3,133 | -21.4% |
| Amounts payable within one year | 42/48 | €14,659 | €11,526 | -€3,133 | -21.4% |
| Trade debts | 44 | €1,737 | €515 | -€1,222 | -70.4% |
| Suppliers | 440/4 | €1,737 | €515 | -€1,222 | -70.4% |
| Taxes, remuneration and social security | 45 | €9,921 | €11,011 | +€1,089 | +11.0% |
| Taxes | 450/3 | €9,921 | €8,761 | -€1,161 | -11.7% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €3,000 | €0 | -€3,000 | -100.0% |
| Non-recurring operating income | 76A | €9,248 | €0 | -€9,248 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,681 | €2,912 | -€768 | -20.9% |
| Other operating charges | 640/8 | €561 | €520 | -€41 | -7.3% |
| Gross operating margin | 9900 | €96,264 | €34,253 | -€62,012 | -64.4% |
| Operating profit (loss) | 9901 | €92,023 | €30,821 | -€61,202 | -66.5% |
| Financial income | 75/76B | €2,525 | €736 | -€1,789 | -70.8% |
| Recurring financial income | 75 | €2,525 | €736 | -€1,789 | -70.8% |
| Financial charges | 65/66B | €117 | €565 | +€448 | +382.2% |
| Recurring financial charges | 65 | €117 | €565 | +€448 | +382.2% |
| Profit (loss) for the period before taxes | 9903 | €94,431 | €30,992 | -€63,439 | -67.2% |
| Income taxes | 67/77 | €25,013 | €10,987 | -€14,026 | -56.1% |
| Profit (loss) for the period | 9904 | €69,418 | €20,005 | -€49,413 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,418 | €20,005 | -€49,413 | -71.2% |
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 11 October 2026 via checked.be.