WEZEL SAFETY: 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.
WEZEL SAFETY
Largest movements
- Current investments +€40,980
up €40,980 (+98.0%), from €41,827 to €82,807
- Cash +€10,001
up €10,001 (+149%), from €6,692 to €16,693
mainly Net result for the year (+€37,364) and Tax, wage and social debts (+€11,917)
- Receivables within one year -€1,490
down €1,490 (-9.7%), from €15,344 to €13,854
of which Trade receivables: -€6,070
- Reserves +€37,364
up €37,364 (+81.7%), from €45,741 to €83,105
- Tax, wage and social debts +€11,917
up €11,917 (+70.1%), from €17,007 to €28,924
- Gross operating margin -€10,431
down €10,431 (-16.3%), from €64,046 to €53,615
- Other operating charges -€2,256
down €2,256 (-65.6%), from €3,441 to €1,185
- Taxes +€2,019
up €2,019 (+16.8%), from €11,991 to €14,010
- Financial income +€1,818
new in 2025: €1,818
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 | €66,738 | €115,446 | +€48,708 | +73.0% |
| Fixed assets | 21/28 | €1,946 | €1,747 | -€199 | -10.2% |
| Tangible fixed assets | 22/27 | €1,946 | €1,747 | -€199 | -10.2% |
| Furniture and vehicles | 24 | €1,946 | €1,747 | -€199 | -10.2% |
| Current assets | 29/58 | €64,792 | €113,699 | +€48,908 | +75.5% |
| Amounts receivable within one year | 40/41 | €15,344 | €13,854 | -€1,490 | -9.7% |
| Trade receivables | 40 | €10,588 | €4,518 | -€6,070 | -57.3% |
| Other amounts receivable | 41 | €4,757 | €9,336 | +€4,579 | +96.3% |
| Current investments | 50/53 | €41,827 | €82,807 | +€40,980 | +98.0% |
| Cash at bank and in hand | 54/58 | €6,692 | €16,693 | +€10,001 | +149% |
| Deferred charges and accrued income | 490/1 | €929 | €345 | -€583 | -62.8% |
| Total equity and liabilities | 10/49 | €66,738 | €115,446 | +€48,708 | +73.0% |
| Equity | 10/15 | €47,741 | €85,105 | +€37,364 | +78.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,741 | €83,105 | +€37,364 | +81.7% |
| Distributable reserves | 133 | €45,741 | €83,105 | +€37,364 | +81.7% |
| Amounts payable | 17/49 | €18,997 | €30,341 | +€11,344 | +59.7% |
| Amounts payable within one year | 42/48 | €18,997 | €30,341 | +€11,344 | +59.7% |
| Trade debts | 44 | €1,990 | €1,418 | -€572 | -28.8% |
| Suppliers | 440/4 | €1,990 | €1,418 | -€572 | -28.8% |
| Taxes, remuneration and social security | 45 | €17,007 | €28,924 | +€11,917 | +70.1% |
| Taxes | 450/3 | €17,007 | €28,924 | +€11,917 | +70.1% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46 | €199 | +€153 | +336% |
| Other operating charges | 640/8 | €3,441 | €1,185 | -€2,256 | -65.6% |
| Gross operating margin | 9900 | €64,046 | €53,615 | -€10,431 | -16.3% |
| Operating profit (loss) | 9901 | €60,559 | €52,230 | -€8,328 | -13.8% |
| Financial income | 75/76B | - | €1,818 | +€1,818 | |
| Recurring financial income | 75 | - | €1,818 | +€1,818 | |
| Financial charges | 65/66B | €2,826 | €2,675 | -€152 | -5.4% |
| Recurring financial charges | 65 | €2,826 | €2,675 | -€152 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €57,732 | €51,374 | -€6,358 | -11.0% |
| Income taxes | 67/77 | €11,991 | €14,010 | +€2,019 | +16.8% |
| Profit (loss) for the period | 9904 | €45,741 | €37,364 | -€8,377 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,741 | €37,364 | -€8,377 | -18.3% |
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 15 October 2026 via checked.be.