W2GO: 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.
W2GO
Largest movements
- Tangible fixed assets +€113,676
up €113,676 (+132.2%), from €85,977 to €199,652
of which Furniture and vehicles: +€129,534
- Cash -€43,687
down €43,687 (-40.2%), from €108,671 to €64,984
mainly Investment in fixed assets (net) (-€165,705) and Receivables within one year (-€10,672)
- Receivables within one year +€10,672
up €10,672 (+98.8%), from €10,804 to €21,476
- Other debts +€86,576
up €86,576 (+46.1%), from €187,652 to €274,228
- Profit (loss) carried forward -€5,738
new in 2024: -€5,738
- Depreciation +€25,513
up €25,513 (+96.2%), from €26,517 to €52,030
- Financial charges -€10,823
down €10,823 (-98.7%), from €10,966 to €143
- Financial income -€4,705
down €4,705 (-99.9%), from €4,712 to €6
- Taxes -€3,979
down €3,979, from €3,839 to -€140
- Gross operating margin +€2,737
up €2,737 (+5.8%), from €46,809 to €49,546
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 | €480,399 | €560,627 | +€80,228 | +16.7% |
| Fixed assets | 21/28 | €85,977 | €199,652 | +€113,676 | +132.2% |
| Tangible fixed assets | 22/27 | €85,977 | €199,652 | +€113,676 | +132.2% |
| Land and buildings | 22 | €71,526 | €49,387 | -€22,139 | -31.0% |
| Plant, machinery and equipment | 23 | €2,282 | €8,563 | +€6,281 | +275.3% |
| Furniture and vehicles | 24 | €12,169 | €141,702 | +€129,534 | +1064.5% |
| Current assets | 29/58 | €394,422 | €360,975 | -€33,448 | -8.5% |
| Amounts receivable within one year | 40/41 | €10,804 | €21,476 | +€10,672 | +98.8% |
| Trade receivables | 40 | €10,804 | €21,476 | +€10,672 | +98.8% |
| Current investments | 50/53 | €271,978 | €271,978 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,671 | €64,984 | -€43,687 | -40.2% |
| Deferred charges and accrued income | 490/1 | €2,969 | €2,537 | -€432 | -14.5% |
| Total equity and liabilities | 10/49 | €480,399 | €560,627 | +€80,228 | +16.7% |
| Equity | 10/15 | €278,933 | €273,196 | -€5,738 | -2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €216,933 | €216,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,200 | €46,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €46,200 | €46,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,515 | €3,515 | = | 0.0% |
| Distributable reserves | 133 | €167,218 | €167,218 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,738 | -€5,738 | |
| Amounts payable | 17/49 | €201,466 | €287,431 | +€85,966 | +42.7% |
| Amounts payable within one year | 42/48 | €201,466 | €287,431 | +€85,966 | +42.7% |
| Trade debts | 44 | €1,689 | €4,190 | +€2,500 | +148.0% |
| Suppliers | 440/4 | €1,689 | €4,190 | +€2,500 | +148.0% |
| Taxes, remuneration and social security | 45 | €12,124 | €9,014 | -€3,110 | -25.7% |
| Taxes | 450/3 | €12,124 | €9,014 | -€3,110 | -25.7% |
| Other amounts payable | 47/48 | €187,652 | €274,228 | +€86,576 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,517 | €52,030 | +€25,513 | +96.2% |
| Other operating charges | 640/8 | €2,347 | €3,257 | +€910 | +38.7% |
| Gross operating margin | 9900 | €46,809 | €49,546 | +€2,737 | +5.8% |
| Operating profit (loss) | 9901 | €17,945 | -€5,741 | -€23,686 | |
| Financial income | 75/76B | €4,712 | €6 | -€4,705 | -99.9% |
| Recurring financial income | 75 | €4,712 | €6 | -€4,705 | -99.9% |
| Financial charges | 65/66B | €10,966 | €143 | -€10,823 | -98.7% |
| Recurring financial charges | 65 | €10,966 | €143 | -€10,823 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €11,690 | -€5,877 | -€17,568 | |
| Income taxes | 67/77 | €3,839 | -€140 | -€3,979 | |
| Profit (loss) for the period | 9904 | €7,851 | -€5,738 | -€13,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,851 | -€5,738 | -€13,589 |
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 10 October 2026 via checked.be.