WEXT: 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.
WEXT
Largest movements
- Cash -€68,882
down €68,882 (-87.7%), from €78,585 to €9,703
mainly Contributions, distributions and other (-€63,502) and Receivables within one year (-€23,004)
- Receivables within one year +€23,004
up €23,004 (+78.6%), from €29,277 to €52,281
of which Trade receivables: +€18,304
- Reserves -€53,520
down €53,520 (-68.8%), from €77,762 to €24,242
of which Distributable reserves: -€53,520
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts -€4,209
down €4,209 (-20.7%), from €20,328 to €16,119
of which Remuneration and social security: -€3,506
- Trade debts -€1,463
down €1,463 (-78.4%), from €1,865 to €402
- Gross operating margin -€9,012
down €9,012 (-21.1%), from €42,639 to €33,627
- Taxes -€5,429
down €5,429 (-51.7%), from €10,500 to €5,071
- Staff costs +€4,701
new in 2025: €4,701
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.
Derived cash bridge
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 | €109,319 | €62,793 | -€46,526 | -42.6% |
| Fixed assets | 21/28 | €1,071 | €423 | -€648 | -60.5% |
| Tangible fixed assets | 22/27 | €993 | €345 | -€648 | -65.3% |
| Furniture and vehicles | 24 | €993 | €345 | -€648 | -65.3% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €108,248 | €62,370 | -€45,878 | -42.4% |
| Amounts receivable within one year | 40/41 | €29,277 | €52,281 | +€23,004 | +78.6% |
| Trade receivables | 40 | €22,720 | €41,024 | +€18,304 | +80.6% |
| Other amounts receivable | 41 | €6,557 | €11,257 | +€4,700 | +71.7% |
| Cash at bank and in hand | 54/58 | €78,585 | €9,703 | -€68,882 | -87.7% |
| Deferred charges and accrued income | 490/1 | €386 | €386 | = | 0.0% |
| Total equity and liabilities | 10/49 | €109,319 | €62,793 | -€46,526 | -42.6% |
| Equity | 10/15 | €83,962 | €42,842 | -€41,120 | -49.0% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €77,762 | €24,242 | -€53,520 | -68.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,902 | €22,382 | -€53,520 | -70.5% |
| Amounts payable | 17/49 | €25,357 | €19,951 | -€5,406 | -21.3% |
| Amounts payable within one year | 42/48 | €25,357 | €19,951 | -€5,406 | -21.3% |
| Trade debts | 44 | €1,865 | €402 | -€1,463 | -78.4% |
| Suppliers | 440/4 | €1,865 | €402 | -€1,463 | -78.4% |
| Taxes, remuneration and social security | 45 | €20,328 | €16,119 | -€4,209 | -20.7% |
| Taxes | 450/3 | €16,822 | €16,119 | -€703 | -4.2% |
| Remuneration and social security | 454/9 | €3,506 | - | -€3,506 | |
| Other amounts payable | 47/48 | €3,164 | €3,430 | +€266 | +8.4% |
| Remuneration, social security and pensions | 62 | - | €4,701 | +€4,701 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €978 | €648 | -€330 | -33.7% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €42,639 | €33,627 | -€9,012 | -21.1% |
| Operating profit (loss) | 9901 | €41,274 | €27,878 | -€13,396 | -32.5% |
| Financial charges | 65/66B | €487 | €425 | -€62 | -12.7% |
| Recurring financial charges | 65 | €487 | €425 | -€62 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €40,787 | €27,453 | -€13,334 | -32.7% |
| Income taxes | 67/77 | €10,500 | €5,071 | -€5,429 | -51.7% |
| Profit (loss) for the period | 9904 | €30,287 | €22,382 | -€7,905 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,287 | €22,382 | -€7,905 | -26.1% |
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 14 October 2026 via checked.be.