2Wheels2Work: 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.
2Wheels2Work
Largest movements
- Receivables within one year +€16,215
up €16,215 (+214.9%), from €7,547 to €23,762
of which Trade receivables: +€16,115
- Tangible fixed assets -€7,610
down €7,610 (-10.1%), from €75,701 to €68,091
- Cash +€4,666
up €4,666 (+45.9%), from €10,173 to €14,839
mainly Depreciation (+€23,584) and Net result for the year (+€22,055)
- Deferred charges and accrued income -€1,530
down €1,530 (-80.8%), from €1,894 to €364
- Profit (loss) carried forward +€22,055
up €22,055 (+157.1%), from €14,039 to €36,094
- Debts after one year -€12,771
no longer reported in 2025 (was €12,771)
- Tax, wage and social debts +€6,643
up €6,643 (+127.7%), from €5,202 to €11,845
- Current portion of long-term debt -€2,050
down €2,050 (-13.8%), from €14,813 to €12,764
- Other debts -€1,467
down €1,467 (-7.5%), from €19,653 to €18,185
- Gross operating margin +€26,321
up €26,321 (+96.5%), from €27,282 to €53,603
- Depreciation +€14,540
up €14,540 (+160.8%), from €9,044 to €23,584
- Taxes +€2,104
up €2,104 (+59.4%), from €3,540 to €5,644
- Financial charges +€1,331
up €1,331 (+201.9%), from €660 to €1,991
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 | €95,315 | €107,056 | +€11,741 | +12.3% |
| Fixed assets | 21/28 | €75,701 | €68,091 | -€7,610 | -10.1% |
| Tangible fixed assets | 22/27 | €75,701 | €68,091 | -€7,610 | -10.1% |
| Furniture and vehicles | 24 | €75,701 | €68,091 | -€7,610 | -10.1% |
| Current assets | 29/58 | €19,613 | €38,965 | +€19,351 | +98.7% |
| Amounts receivable within one year | 40/41 | €7,547 | €23,762 | +€16,215 | +214.9% |
| Trade receivables | 40 | €7,422 | €23,537 | +€16,115 | +217.1% |
| Other amounts receivable | 41 | €125 | €225 | +€100 | +80.3% |
| Cash at bank and in hand | 54/58 | €10,173 | €14,839 | +€4,666 | +45.9% |
| Deferred charges and accrued income | 490/1 | €1,894 | €364 | -€1,530 | -80.8% |
| Total equity and liabilities | 10/49 | €95,315 | €107,056 | +€11,741 | +12.3% |
| Equity | 10/15 | €39,039 | €61,094 | +€22,055 | +56.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,039 | €36,094 | +€22,055 | +157.1% |
| Amounts payable | 17/49 | €56,275 | €45,961 | -€10,314 | -18.3% |
| Amounts payable after more than one year | 17 | €12,771 | - | -€12,771 | |
| Financial debts | 170/4 | €12,771 | - | -€12,771 | |
| Amounts payable within one year | 42/48 | €43,504 | €45,961 | +€2,457 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €14,813 | €12,764 | -€2,050 | -13.8% |
| Trade debts | 44 | €3,836 | €3,167 | -€669 | -17.4% |
| Suppliers | 440/4 | €3,836 | €3,167 | -€669 | -17.4% |
| Taxes, remuneration and social security | 45 | €5,202 | €11,845 | +€6,643 | +127.7% |
| Taxes | 450/3 | €5,202 | €11,845 | +€6,643 | +127.7% |
| Other amounts payable | 47/48 | €19,653 | €18,185 | -€1,467 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,044 | €23,584 | +€14,540 | +160.8% |
| Other operating charges | 640/8 | - | €352 | +€352 | |
| Gross operating margin | 9900 | €27,282 | €53,603 | +€26,321 | +96.5% |
| Operating profit (loss) | 9901 | €18,238 | €29,666 | +€11,429 | +62.7% |
| Financial income | 75/76B | €1 | €24 | +€23 | +2254.0% |
| Recurring financial income | 75 | €1 | €24 | +€23 | +2254.0% |
| Financial charges | 65/66B | €660 | €1,991 | +€1,331 | +201.9% |
| Recurring financial charges | 65 | €660 | €1,991 | +€1,331 | +201.9% |
| Profit (loss) for the period before taxes | 9903 | €17,579 | €27,699 | +€10,120 | +57.6% |
| Income taxes | 67/77 | €3,540 | €5,644 | +€2,104 | +59.4% |
| Profit (loss) for the period | 9904 | €14,039 | €22,055 | +€8,016 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,039 | €22,055 | +€8,016 | +57.1% |
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 30 September 2026 via checked.be.