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Wewo: 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

Wewo

BE 0837.674.776
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,108
2024 · €23,372+€6,735
Equity
€45,059
2024 · €14,951+€30,108
Cash
€12,434
2024 · €902+€11,532
Balance sheet total
€154,681
2024 · €115,264+€39,417

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€73,831

    up €73,831 (+504.4%), from €14,638 to €88,469

    of which Other amounts receivable: +€75,259

  • Receivables after one year -€48,875

    no longer reported in 2025 (was €48,875)

  • Cash +€11,532

    up €11,532 (+1279.0%), from €902 to €12,434

    mainly Receivables after one year (+€48,875) and Net result for the year (+€30,108)

  • Tangible fixed assets +€1,679

    up €1,679 (+3.3%), from €50,849 to €52,528

    of which Land and buildings: +€2,134

Equity and liabilities
  • Profit (loss) carried forward +€30,108

    up €30,108 (+344.0%), from €8,751 to €38,859

  • Tax, wage and social debts +€18,335

    up €18,335 (+74.4%), from €24,655 to €42,990

  • Other debts +€12,932

    up €12,932 (+755.3%), from €1,712 to €14,645

  • Debts after one year -€12,356

    down €12,356 (-23.9%), from €51,658 to €39,303

  • Current portion of long-term debt -€9,210

    down €9,210 (-42.7%), from €21,566 to €12,356

Income statement
  • Gross operating margin +€20,280

    up €20,280 (+43.2%), from €46,966 to €67,245

  • Taxes +€14,796

    up €14,796 (+192.0%), from €7,706 to €22,502

  • Other operating charges -€2,330

    down €2,330 (-50.0%), from €4,658 to €2,328

  • Financial income -€812

    down €812 (-28.2%), from €2,875 to €2,063

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 €23,372
Gross operating margin +€20,280
Depreciation -€58
Other operating charges +€2,330
Financial income -€812
Financial charges -€209
Taxes -€14,796
Result 2025 €30,108

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 +€45,175
Investment -€12,077
Financing -€21,566
Cash 2024 €902
Net result for the year +€30,108
Depreciation +€9,148
Receivables after one year +€48,875
Receivables within one year -€73,831
Trade debts -€391
Tax, wage and social debts +€18,335
Other debts +€12,932
Investment in fixed assets (net) -€12,077
Debts after one year -€12,356
Current portion of long-term debt -€9,210
Cash 2025 €12,434
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €115,264 €154,681 +€39,417 +34.2%
Fixed assets 21/28 €50,849 €53,778 +€2,929 +5.8%
Tangible fixed assets 22/27 €50,849 €52,528 +€1,679 +3.3%
Land and buildings 22 €50,116 €52,250 +€2,134 +4.3%
Plant, machinery and equipment 23 €39 €278 +€240 +621.0%
Furniture and vehicles 24 €694 - -€694
Financial fixed assets 28 - €1,250 +€1,250
Current assets 29/58 €64,415 €100,903 +€36,488 +56.6%
Amounts receivable after more than one year 29 €48,875 - -€48,875
Trade receivables 290 €48,875 - -€48,875
Amounts receivable within one year 40/41 €14,638 €88,469 +€73,831 +504.4%
Trade receivables 40 €13,757 €12,330 -€1,428 -10.4%
Other amounts receivable 41 €881 €76,140 +€75,259 +8542.1%
Cash at bank and in hand 54/58 €902 €12,434 +€11,532 +1279.0%
Total equity and liabilities 10/49 €115,264 €154,681 +€39,417 +34.2%
Equity 10/15 €14,951 €45,059 +€30,108 +201.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 €8,751 €38,859 +€30,108 +344.0%
Amounts payable 17/49 €100,313 €109,623 +€9,309 +9.3%
Amounts payable after more than one year 17 €51,658 €39,303 -€12,356 -23.9%
Financial debts 170/4 €51,658 €39,303 -€12,356 -23.9%
Amounts payable within one year 42/48 €48,655 €70,320 +€21,665 +44.5%
Current portion of amounts payable after more than one year 42 €21,566 €12,356 -€9,210 -42.7%
Trade debts 44 €721 €330 -€391 -54.2%
Suppliers 440/4 €721 €330 -€391 -54.2%
Taxes, remuneration and social security 45 €24,655 €42,990 +€18,335 +74.4%
Taxes 450/3 €24,655 €42,990 +€18,335 +74.4%
Other amounts payable 47/48 €1,712 €14,645 +€12,932 +755.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,090 €9,148 +€58 +0.6%
Other operating charges 640/8 €4,658 €2,328 -€2,330 -50.0%
Gross operating margin 9900 €46,966 €67,245 +€20,280 +43.2%
Operating profit (loss) 9901 €33,218 €55,770 +€22,552 +67.9%
Financial income 75/76B €2,875 €2,063 -€812 -28.2%
Recurring financial income 75 €2,875 €2,063 -€812 -28.2%
Financial charges 65/66B €5,014 €5,223 +€209 +4.2%
Recurring financial charges 65 €5,014 €5,223 +€209 +4.2%
Profit (loss) for the period before taxes 9903 €31,078 €52,610 +€21,531 +69.3%
Income taxes 67/77 €7,706 €22,502 +€14,796 +192.0%
Profit (loss) for the period 9904 €23,372 €30,108 +€6,735 +28.8%
Profit (loss) for the period to be appropriated 9905 €23,372 €30,108 +€6,735 +28.8%

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 7 October 2026 via checked.be.