W-TRADE: 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.
W-TRADE
Largest movements
- Deferred charges and accrued income -€22,951
down €22,951 (-24.6%), from €93,294 to €70,343
- Cash -€3,164
down €3,164 (-89.4%), from €3,539 to €376
mainly Net result for the year (-€33,920) and Trade debts (-€894)
- Receivables after one year -€2,978
no longer reported in 2024 (was €2,978)
- Receivables within one year -€1,965
no longer reported in 2024 (was €1,965)
- Profit (loss) carried forward -€33,920
down €33,920 (-18.1%), from -€187,852 to -€221,772
- Other debts +€2,177
up €2,177 (+1.3%), from €167,946 to €170,123
- Tax, wage and social debts +€1,579
new in 2024: €1,579
- Staff costs -€9,350
down €9,350 (-19.7%), from €47,517 to €38,167
- Other operating charges +€1,600
up €1,600 (+193.5%), from €827 to €2,427
- Gross operating margin -€519
down €519 (-7.0%), from €7,410 to €6,891
- Financial charges +€216
new in 2024: €216
- Financial income -€162
no longer reported in 2024 (was €162)
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.
Cash bridge derived
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 | €109,934 | €78,876 | -€31,058 | -28.3% |
| Fixed assets | 21/28 | €4,053 | €4,053 | = | 0.0% |
| Financial fixed assets | 28 | €4,053 | €4,053 | = | 0.0% |
| Current assets | 29/58 | €105,881 | €74,823 | -€31,058 | -29.3% |
| Amounts receivable after more than one year | 29 | €2,978 | - | -€2,978 | |
| Other amounts receivable | 291 | €2,978 | - | -€2,978 | |
| Stocks and contracts in progress | 3 | €4,105 | €4,105 | = | 0.0% |
| Stocks | 30/36 | €4,105 | €4,105 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,965 | - | -€1,965 | |
| Other amounts receivable | 41 | €1,965 | - | -€1,965 | |
| Cash at bank and in hand | 54/58 | €3,539 | €376 | -€3,164 | -89.4% |
| Deferred charges and accrued income | 490/1 | €93,294 | €70,343 | -€22,951 | -24.6% |
| Total equity and liabilities | 10/49 | €109,934 | €78,876 | -€31,058 | -28.3% |
| Equity | 10/15 | -€168,902 | -€202,822 | -€33,920 | -20.1% |
| Contributions | 10/11 | €18,950 | €18,950 | = | 0.0% |
| Capital | 10 | €18,950 | €18,950 | = | 0.0% |
| Issued capital | 100 | €18,950 | €18,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,852 | -€221,772 | -€33,920 | -18.1% |
| Amounts payable | 17/49 | €278,836 | €281,698 | +€2,862 | +1.0% |
| Amounts payable after more than one year | 17 | €109,578 | €109,578 | = | 0.0% |
| Financial debts | 170/4 | €109,578 | €109,578 | = | 0.0% |
| Amounts payable within one year | 42/48 | €169,258 | €172,120 | +€2,862 | +1.7% |
| Trade debts | 44 | €1,311 | €418 | -€894 | -68.2% |
| Suppliers | 440/4 | €1,311 | €418 | -€894 | -68.2% |
| Taxes, remuneration and social security | 45 | - | €1,579 | +€1,579 | |
| Taxes | 450/3 | - | €1,579 | +€1,579 | |
| Other amounts payable | 47/48 | €167,946 | €170,123 | +€2,177 | +1.3% |
| Remuneration, social security and pensions | 62 | €47,517 | €38,167 | -€9,350 | -19.7% |
| Other operating charges | 640/8 | €827 | €2,427 | +€1,600 | +193.5% |
| Gross operating margin | 9900 | €7,410 | €6,891 | -€519 | -7.0% |
| Operating profit (loss) | 9901 | -€40,935 | -€33,704 | +€7,231 | +17.7% |
| Financial income | 75/76B | €162 | - | -€162 | |
| Recurring financial income | 75 | €162 | - | -€162 | |
| Financial charges | 65/66B | - | €216 | +€216 | |
| Recurring financial charges | 65 | - | €216 | +€216 | |
| Profit (loss) for the period before taxes | 9903 | -€40,772 | -€33,920 | +€6,853 | +16.8% |
| Profit (loss) for the period | 9904 | -€40,772 | -€33,920 | +€6,853 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,772 | -€33,920 | +€6,853 | +16.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.