CWERC: 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.
CWERC
Largest movements
- Cash -€6,399
down €6,399 (-79.6%), from €8,036 to €1,637
mainly Tax, wage and social debts (-€4,582) and Net result for the year (-€2,158)
- Tangible fixed assets -€447
down €447 (-100.0%), from €447 to €0
- Tax, wage and social debts -€4,582
down €4,582 (-100.0%), from €4,582 to €0
- Profit (loss) carried forward -€2,158
down €2,158 (-3.5%), from -€61,216 to -€63,373
- Gross operating margin -€28,313
down €28,313, from €27,433 to -€880
- Taxes -€16,093
down €16,093 (-100.0%), from €16,095 to €2
- Other operating charges -€7,459
down €7,459 (-95.1%), from €7,846 to €387
- Depreciation -€2,287
down €2,287 (-83.6%), from €2,735 to €447
- Financial charges -€455
down €455 (-50.4%), from €902 to €447
of which Financial charges: -€455
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 | €38,972 | €31,877 | -€7,096 | -18.2% |
| Fixed assets | 21/28 | €447 | €0 | -€447 | -100.0% |
| Tangible fixed assets | 22/27 | €447 | €0 | -€447 | -100.0% |
| Furniture and vehicles | 24 | €447 | €0 | -€447 | -100.0% |
| Current assets | 29/58 | €38,525 | €31,877 | -€6,648 | -17.3% |
| Amounts receivable within one year | 40/41 | €452 | €547 | +€95 | +21.1% |
| Other amounts receivable | 41 | €452 | €547 | +€95 | +21.1% |
| Current investments | 50/53 | €30,000 | €29,692 | -€308 | -1.0% |
| Cash at bank and in hand | 54/58 | €8,036 | €1,637 | -€6,399 | -79.6% |
| Deferred charges and accrued income | 490/1 | €36 | €0 | -€36 | -100.0% |
| Total equity and liabilities | 10/49 | €38,972 | €31,877 | -€7,096 | -18.2% |
| Equity | 10/15 | €32,534 | €30,377 | -€2,158 | -6.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €31,250 | €31,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,216 | -€63,373 | -€2,158 | -3.5% |
| Amounts payable | 17/49 | €6,438 | €1,500 | -€4,938 | -76.7% |
| Amounts payable within one year | 42/48 | €4,869 | €0 | -€4,869 | -100.0% |
| Trade debts | 44 | €207 | €0 | -€207 | -100.0% |
| Suppliers | 440/4 | €207 | €0 | -€207 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,582 | €0 | -€4,582 | -100.0% |
| Taxes | 450/3 | €4,582 | €0 | -€4,582 | -100.0% |
| Other amounts payable | 47/48 | €80 | €0 | -€80 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,569 | €1,500 | -€69 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,735 | €447 | -€2,287 | -83.6% |
| Other operating charges | 640/8 | €7,846 | €387 | -€7,459 | -95.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,433 | -€880 | -€28,313 | |
| Operating profit (loss) | 9901 | €16,852 | -€1,715 | -€18,567 | |
| Financial income | 75/76B | €234 | €5 | -€229 | -97.8% |
| Recurring financial income | 75 | €234 | €5 | -€229 | -97.8% |
| Financial charges | 65/66B | €902 | €447 | -€455 | -50.4% |
| Recurring financial charges | 65 | €902 | €447 | -€455 | -50.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €16,185 | -€2,156 | -€18,341 | |
| Income taxes | 67/77 | €16,095 | €2 | -€16,093 | -100.0% |
| Profit (loss) for the period | 9904 | €90 | -€2,158 | -€2,248 | |
| Profit (loss) for the period to be appropriated | 9905 | €90 | -€2,158 | -€2,248 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.