W COMPANY: what changed
W COMPANY
Largest movements
- Deferred charges and accrued income +€9,172
up €9,172 (+59.9%), from €15,312 to €24,484
- Stocks and contracts +€1,431
up €1,431 (+12.9%), from €11,104 to €12,535
- Receivables within one year -€662
down €662 (-6.3%), from €10,495 to €9,833
of which Trade receivables: -€359
- Other debts +€13,795
up €13,795 (+39.2%), from €35,185 to €48,980
- Tax, wage and social debts -€4,228
down €4,228 (-96.6%), from €4,379 to €151
of which Taxes: -€3,019
- Staff costs -€18,353
no longer reported in 2024 (was €18,353)
- Purchases and services -€7,686
down €7,686 (-46.3%), from €16,593 to €8,907
- Turnover -€6,681
down €6,681 (-38.4%), from €17,393 to €10,712
- Financial charges +€1,113
up €1,113 (+223%), from €500 to €1,613
- Gross operating margin +€1,005
up €1,005 (+126%), from €800 to €1,805
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,444 | €50,125 | +€9,681 | +23.9% |
| Current assets | 29/58 | €40,444 | €50,125 | +€9,681 | +23.9% |
| Stocks and contracts in progress | 3 | €11,104 | €12,535 | +€1,431 | +12.9% |
| Stocks | 30/36 | €11,104 | €12,535 | +€1,431 | +12.9% |
| Amounts receivable within one year | 40/41 | €10,495 | €9,833 | -€662 | -6.3% |
| Trade receivables | 40 | €4,829 | €4,470 | -€359 | -7.4% |
| Other amounts receivable | 41 | €5,667 | €5,363 | -€303 | -5.4% |
| Cash at bank and in hand | 54/58 | €3,533 | €3,273 | -€260 | -7.4% |
| Deferred charges and accrued income | 490/1 | €15,312 | €24,484 | +€9,172 | +59.9% |
| Total equity and liabilities | 10/49 | €40,444 | €50,125 | +€9,681 | +23.9% |
| Equity | 10/15 | €505 | €619 | +€114 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,955 | -€19,841 | +€114 | +0.6% |
| Amounts payable | 17/49 | €39,939 | €49,506 | +€9,567 | +24.0% |
| Amounts payable within one year | 42/48 | €39,939 | €49,506 | +€9,567 | +24.0% |
| Trade debts | 44 | €375 | €375 | = | 0.0% |
| Suppliers | 440/4 | €375 | - | -€375 | |
| Bills of exchange payable | 441 | - | €375 | +€375 | |
| Taxes, remuneration and social security | 45 | €4,379 | €151 | -€4,228 | -96.6% |
| Taxes | 450/3 | €3,019 | - | -€3,019 | |
| Remuneration and social security | 454/9 | €1,360 | €151 | -€1,209 | -88.9% |
| Other amounts payable | 47/48 | €35,185 | €48,980 | +€13,795 | +39.2% |
| Turnover | 70 | €17,393 | €10,712 | -€6,681 | -38.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,593 | €8,907 | -€7,686 | -46.3% |
| Remuneration, social security and pensions | 62 | €18,353 | - | -€18,353 | |
| Other operating charges | 640/8 | €60 | €78 | +€18 | +30.0% |
| Gross operating margin | 9900 | €800 | €1,805 | +€1,005 | +126% |
| Operating profit (loss) | 9901 | -€17,614 | €1,727 | +€19,340 | |
| Financial charges | 65/66B | €500 | €1,613 | +€1,113 | +223% |
| Recurring financial charges | 65 | €500 | €1,613 | +€1,113 | +223% |
| Profit (loss) for the period before taxes | 9903 | -€18,113 | €114 | +€18,227 | |
| Profit (loss) for the period | 9904 | -€18,113 | €114 | +€18,227 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,113 | €114 | +€18,227 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.