BE WOW: 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.
BE WOW
Largest movements
- Stocks and contracts -€113,667
down €113,667 (-38.0%), from €298,878 to €185,211
- Deferred charges and accrued income -€25,030
down €25,030 (-93.6%), from €26,732 to €1,701
- Receivables within one year -€18,266
down €18,266 (-13.6%), from €134,481 to €116,216
of which Trade receivables: -€20,970
- Profit (loss) carried forward -€139,954
new in 2024: -€139,954
- Trade debts -€84,981
down €84,981 (-60.9%), from €139,613 to €54,632
- Other debts +€82,877
up €82,877 (+25.3%), from €327,044 to €409,921
- Tax, wage and social debts -€19,956
down €19,956 (-76.2%), from €26,196 to €6,240
of which Taxes: -€17,584
- Gross operating margin -€9,501
down €9,501 (-14.6%), from -€64,868 to -€74,369
- Write-downs -€3,071
no longer reported in 2024 (was €3,071)
- Financial charges -€2,946
down €2,946 (-51.8%), from €5,693 to €2,747
- Staff costs +€2,206
up €2,206 (+4.5%), from €49,214 to €51,420
- Other operating charges +€1,546
up €1,546 (+36.7%), from €4,211 to €5,757
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €499,947 | €335,838 | -€164,108 | -32.8% |
| Fixed assets | 21/28 | €24,875 | €20,512 | -€4,362 | -17.5% |
| Intangible fixed assets | 21 | €10,323 | €7,875 | -€2,448 | -23.7% |
| Tangible fixed assets | 22/27 | €14,552 | €12,637 | -€1,914 | -13.2% |
| Plant, machinery and equipment | 23 | - | €1,215 | +€1,215 | |
| Furniture and vehicles | 24 | €14,552 | €11,422 | -€3,129 | -21.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €475,072 | €315,326 | -€159,746 | -33.6% |
| Stocks and contracts in progress | 3 | €298,878 | €185,211 | -€113,667 | -38.0% |
| Stocks | 30/36 | €298,878 | €185,211 | -€113,667 | -38.0% |
| Amounts receivable within one year | 40/41 | €134,481 | €116,216 | -€18,266 | -13.6% |
| Trade receivables | 40 | €134,378 | €113,408 | -€20,970 | -15.6% |
| Other amounts receivable | 41 | €103 | €2,808 | +€2,705 | +2,618% |
| Cash at bank and in hand | 54/58 | €14,981 | €12,198 | -€2,783 | -18.6% |
| Deferred charges and accrued income | 490/1 | €26,732 | €1,701 | -€25,030 | -93.6% |
| Total equity and liabilities | 10/49 | €499,947 | €335,838 | -€164,108 | -32.8% |
| Equity | 10/15 | €6,720 | -€134,954 | -€141,674 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,720 | €0 | -€1,720 | -100% |
| Distributable reserves | 133 | €1,720 | €0 | -€1,720 | -100% |
| Profit (loss) carried forward | 14 | - | -€139,954 | -€139,954 | |
| Amounts payable | 17/49 | €493,227 | €470,793 | -€22,434 | -4.5% |
| Amounts payable within one year | 42/48 | €492,853 | €470,793 | -€22,060 | -4.5% |
| Trade debts | 44 | €139,613 | €54,632 | -€84,981 | -60.9% |
| Suppliers | 440/4 | €139,613 | €54,632 | -€84,981 | -60.9% |
| Taxes, remuneration and social security | 45 | €26,196 | €6,240 | -€19,956 | -76.2% |
| Taxes | 450/3 | €17,866 | €282 | -€17,584 | -98.4% |
| Remuneration and social security | 454/9 | €8,330 | €5,958 | -€2,372 | -28.5% |
| Other amounts payable | 47/48 | €327,044 | €409,921 | +€82,877 | +25.3% |
| Accrued charges and deferred income | 492/3 | €374 | €0 | -€374 | -100% |
| Remuneration, social security and pensions | 62 | €49,214 | €51,420 | +€2,206 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,508 | €7,441 | +€933 | +14.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,071 | - | -€3,071 | |
| Other operating charges | 640/8 | €4,211 | €5,757 | +€1,546 | +36.7% |
| Gross operating margin | 9900 | -€64,868 | -€74,369 | -€9,501 | -14.6% |
| Operating profit (loss) | 9901 | -€127,872 | -€138,986 | -€11,114 | -8.7% |
| Financial income | 75/76B | €972 | €59 | -€914 | -94.0% |
| Recurring financial income | 75 | €972 | €59 | -€914 | -94.0% |
| Financial charges | 65/66B | €5,693 | €2,747 | -€2,946 | -51.8% |
| Recurring financial charges | 65 | €5,693 | €2,747 | -€2,946 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€132,593 | -€141,674 | -€9,081 | -6.8% |
| Income taxes | 67/77 | €116 | - | -€116 | |
| Profit (loss) for the period | 9904 | -€132,709 | -€141,674 | -€8,965 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€132,709 | -€141,674 | -€8,965 | -6.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.