wcreate: 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.
wcreate
Largest movements
- Cash +€7,326
up €7,326 (+130.1%), from €5,630 to €12,956
mainly Depreciation (+€5,605) and Accrued charges and deferred income (+€5,030)
- Tangible fixed assets -€4,224
down €4,224 (-34.3%), from €12,301 to €8,077
of which Other tangible fixed assets: -€2,970
- Deferred charges and accrued income +€631
up €631 (+172.2%), from €366 to €997
- Accrued charges and deferred income +€5,030
up €5,030 (+376.5%), from €1,336 to €6,367
- Debts after one year -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Reserves +€3,976
up €3,976 (+433.1%), from €918 to €4,894
- Other debts -€2,665
down €2,665 (-63.6%), from €4,188 to €1,523
- Tax, wage and social debts +€1,379
up €1,379 (+46.5%), from €2,966 to €4,345
- Gross operating margin +€1,886
up €1,886 (+16.4%), from €11,506 to €13,392
- Depreciation -€1,212
down €1,212 (-17.8%), from €6,818 to €5,605
- Other operating charges -€682
down €682 (-48.4%), from €1,410 to €728
- Financial charges +€633
up €633 (+130.2%), from €486 to €1,118
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 | €21,512 | €25,093 | +€3,582 | +16.6% |
| Fixed assets | 21/28 | €12,301 | €8,077 | -€4,224 | -34.3% |
| Tangible fixed assets | 22/27 | €12,301 | €8,077 | -€4,224 | -34.3% |
| Plant, machinery and equipment | 23 | €1,532 | €658 | -€874 | -57.0% |
| Furniture and vehicles | 24 | €1,472 | €1,092 | -€380 | -25.8% |
| Other tangible fixed assets | 26 | €9,298 | €6,328 | -€2,970 | -31.9% |
| Current assets | 29/58 | €9,210 | €17,016 | +€7,806 | +84.8% |
| Amounts receivable within one year | 40/41 | €3,214 | €3,062 | -€151 | -4.7% |
| Trade receivables | 40 | €3,214 | €3,062 | -€151 | -4.7% |
| Cash at bank and in hand | 54/58 | €5,630 | €12,956 | +€7,326 | +130.1% |
| Deferred charges and accrued income | 490/1 | €366 | €997 | +€631 | +172.2% |
| Total equity and liabilities | 10/49 | €21,512 | €25,093 | +€3,582 | +16.6% |
| Equity | 10/15 | €5,918 | €9,894 | +€3,976 | +67.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €918 | €4,894 | +€3,976 | +433.1% |
| Distributable reserves | 133 | €918 | €4,894 | +€3,976 | +433.1% |
| Amounts payable | 17/49 | €15,594 | €15,199 | -€394 | -2.5% |
| Amounts payable after more than one year | 17 | €5,000 | €0 | -€5,000 | -100.0% |
| Other amounts payable | 178/9 | €5,000 | €0 | -€5,000 | -100.0% |
| Amounts payable within one year | 42/48 | €9,257 | €8,833 | -€424 | -4.6% |
| Trade debts | 44 | €2,104 | €2,965 | +€861 | +41.0% |
| Suppliers | 440/4 | €2,104 | €2,965 | +€861 | +41.0% |
| Taxes, remuneration and social security | 45 | €2,966 | €4,345 | +€1,379 | +46.5% |
| Taxes | 450/3 | €2,966 | €4,345 | +€1,379 | +46.5% |
| Other amounts payable | 47/48 | €4,188 | €1,523 | -€2,665 | -63.6% |
| Accrued charges and deferred income | 492/3 | €1,336 | €6,367 | +€5,030 | +376.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,818 | €5,605 | -€1,212 | -17.8% |
| Other operating charges | 640/8 | €1,410 | €728 | -€682 | -48.4% |
| Gross operating margin | 9900 | €11,506 | €13,392 | +€1,886 | +16.4% |
| Operating profit (loss) | 9901 | €3,278 | €7,060 | +€3,781 | +115.3% |
| Financial charges | 65/66B | €486 | €1,118 | +€633 | +130.2% |
| Recurring financial charges | 65 | €486 | €1,118 | +€633 | +130.2% |
| Profit (loss) for the period before taxes | 9903 | €2,793 | €5,941 | +€3,148 | +112.7% |
| Income taxes | 67/77 | €1,875 | €1,966 | +€91 | +4.8% |
| Profit (loss) for the period | 9904 | €918 | €3,976 | +€3,058 | +333.1% |
| Profit (loss) for the period to be appropriated | 9905 | €918 | €3,976 | +€3,058 | +333.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.