WEXX: 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.
WEXX
Largest movements
- Tangible fixed assets +€385,626
up €385,626 (+81.3%), from €474,566 to €860,192
of which Land and buildings: +€388,330
- Debts after one year +€335,317
up €335,317 (+75.2%), from €446,122 to €781,440
- Profit (loss) carried forward +€24,356
up €24,356 (+135.9%), from €17,922 to €42,279
- Trade debts +€19,664
up €19,664 (+430.4%), from €4,569 to €24,232
- Gross operating margin +€33,237
up €33,237 (+79.2%), from €41,956 to €75,192
- Depreciation +€9,741
up €9,741 (+48.3%), from €20,162 to €29,902
- Financial charges +€5,231
up €5,231 (+59.6%), from €8,784 to €14,015
- Other operating charges +€3,882
up €3,882 (+897.9%), from €432 to €4,314
- Taxes -€3,837
down €3,837 (-89.5%), from €4,288 to €450
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 | €512,510 | €895,969 | +€383,459 | +74.8% |
| Fixed assets | 21/28 | €496,283 | €881,428 | +€385,145 | +77.6% |
| Intangible fixed assets | 21 | €481 | €0 | -€481 | -100.0% |
| Tangible fixed assets | 22/27 | €474,566 | €860,192 | +€385,626 | +81.3% |
| Land and buildings | 22 | €468,112 | €856,442 | +€388,330 | +83.0% |
| Plant, machinery and equipment | 23 | €113 | €0 | -€113 | -100.0% |
| Furniture and vehicles | 24 | €6,340 | €3,750 | -€2,591 | -40.9% |
| Financial fixed assets | 28 | €21,236 | €21,236 | = | 0.0% |
| Current assets | 29/58 | €16,227 | €14,541 | -€1,686 | -10.4% |
| Amounts receivable within one year | 40/41 | €889 | €3,000 | +€2,111 | +237.4% |
| Trade receivables | 40 | €889 | €0 | -€889 | -100.0% |
| Other amounts receivable | 41 | €0 | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €7,619 | €6,757 | -€862 | -11.3% |
| Deferred charges and accrued income | 490/1 | €7,719 | €4,785 | -€2,935 | -38.0% |
| Total equity and liabilities | 10/49 | €512,510 | €895,969 | +€383,459 | +74.8% |
| Equity | 10/15 | €20,922 | €45,279 | +€24,356 | +116.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,922 | €42,279 | +€24,356 | +135.9% |
| Amounts payable | 17/49 | €491,588 | €850,691 | +€359,103 | +73.0% |
| Amounts payable after more than one year | 17 | €446,122 | €781,440 | +€335,317 | +75.2% |
| Financial debts | 170/4 | €446,122 | €781,440 | +€335,317 | +75.2% |
| Amounts payable within one year | 42/48 | €45,465 | €67,851 | +€22,386 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €25,184 | €24,683 | -€502 | -2.0% |
| Financial debts | 43 | €0 | €97 | +€97 | |
| Credit institutions | 430/8 | €0 | €97 | +€97 | |
| Trade debts | 44 | €4,569 | €24,232 | +€19,664 | +430.4% |
| Suppliers | 440/4 | €4,569 | €24,232 | +€19,664 | +430.4% |
| Taxes, remuneration and social security | 45 | €7,734 | €4,176 | -€3,558 | -46.0% |
| Taxes | 450/3 | €7,734 | €2,276 | -€5,458 | -70.6% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €7,979 | €14,663 | +€6,684 | +83.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,400 | +€1,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,162 | €29,902 | +€9,741 | +48.3% |
| Other operating charges | 640/8 | €432 | €4,314 | +€3,882 | +897.9% |
| Non-recurring operating charges | 66A | €6,512 | €2,158 | -€4,354 | -66.9% |
| Gross operating margin | 9900 | €41,956 | €75,192 | +€33,237 | +79.2% |
| Operating profit (loss) | 9901 | €14,850 | €38,818 | +€23,968 | +161.4% |
| Financial income | 75/76B | €1 | €4 | +€3 | +214.9% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +214.9% |
| Financial charges | 65/66B | €8,784 | €14,015 | +€5,231 | +59.6% |
| Recurring financial charges | 65 | €8,784 | €14,015 | +€5,231 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | €6,067 | €24,807 | +€18,740 | +308.9% |
| Income taxes | 67/77 | €4,288 | €450 | -€3,837 | -89.5% |
| Profit (loss) for the period | 9904 | €1,779 | €24,356 | +€22,577 | +1268.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779 | €24,356 | +€22,577 | +1268.9% |
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 5 October 2026 via checked.be.