WE#ARE: 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.
WE#ARE
Largest movements
- Cash -€12,657
down €12,657 (-16.3%), from €77,698 to €65,042
mainly Contributions, distributions and other (-€36,953) and Receivables within one year (-€9,876)
- Receivables within one year +€9,876
up €9,876 (+49.0%), from €20,137 to €30,013
of which Trade receivables: +€7,439
- Tangible fixed assets -€3,256
down €3,256 (-19.7%), from €16,546 to €13,290
of which Other tangible fixed assets: -€3,957
- Reserves -€16,362
down €16,362 (-38.1%), from €42,964 to €26,602
of which Distributable reserves: -€16,362
- Other debts +€8,152
up €8,152 (+28.3%), from €28,801 to €36,953
- Trade debts +€1,542
up €1,542 (+8.3%), from €18,594 to €20,136
- Staff costs +€12,065
up €12,065 (+42.9%), from €28,153 to €40,218
- Taxes -€5,522
down €5,522 (-46.4%), from €11,892 to €6,371
- Gross operating margin -€866
down €866 (-1.2%), from €74,434 to €73,567
- Depreciation +€808
up €808 (+19.3%), from €4,182 to €4,991
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 | €116,103 | €110,045 | -€6,058 | -5.2% |
| Fixed assets | 21/28 | €16,726 | €13,470 | -€3,256 | -19.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €16,546 | €13,290 | -€3,256 | -19.7% |
| Furniture and vehicles | 24 | €1,175 | €1,876 | +€701 | +59.7% |
| Other tangible fixed assets | 26 | €15,370 | €11,413 | -€3,957 | -25.7% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €99,377 | €96,575 | -€2,802 | -2.8% |
| Amounts receivable within one year | 40/41 | €20,137 | €30,013 | +€9,876 | +49.0% |
| Trade receivables | 40 | €14,114 | €21,552 | +€7,439 | +52.7% |
| Other amounts receivable | 41 | €6,023 | €8,460 | +€2,437 | +40.5% |
| Cash at bank and in hand | 54/58 | €77,698 | €65,042 | -€12,657 | -16.3% |
| Deferred charges and accrued income | 490/1 | €1,542 | €1,521 | -€21 | -1.4% |
| Total equity and liabilities | 10/49 | €116,103 | €110,045 | -€6,058 | -5.2% |
| Equity | 10/15 | €61,564 | €45,202 | -€16,362 | -26.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,964 | €26,602 | -€16,362 | -38.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,104 | €24,742 | -€16,362 | -39.8% |
| Amounts payable | 17/49 | €54,539 | €64,843 | +€10,304 | +18.9% |
| Amounts payable within one year | 42/48 | €54,539 | €64,843 | +€10,304 | +18.9% |
| Trade debts | 44 | €18,594 | €20,136 | +€1,542 | +8.3% |
| Suppliers | 440/4 | €18,594 | €20,136 | +€1,542 | +8.3% |
| Taxes, remuneration and social security | 45 | €7,144 | €7,754 | +€610 | +8.5% |
| Taxes | 450/3 | €2,828 | €1,997 | -€830 | -29.4% |
| Remuneration and social security | 454/9 | €4,317 | €5,757 | +€1,440 | +33.4% |
| Other amounts payable | 47/48 | €28,801 | €36,953 | +€8,152 | +28.3% |
| Remuneration, social security and pensions | 62 | €28,153 | €40,218 | +€12,065 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,182 | €4,991 | +€808 | +19.3% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €74,434 | €73,567 | -€866 | -1.2% |
| Operating profit (loss) | 9901 | €42,099 | €28,295 | -€13,804 | -32.8% |
| Financial income | 75/76B | €455 | €255 | -€200 | -44.0% |
| Recurring financial income | 75 | €455 | €255 | -€200 | -44.0% |
| Financial charges | 65/66B | €1,860 | €1,589 | -€272 | -14.6% |
| Recurring financial charges | 65 | €1,842 | €1,589 | -€254 | -13.8% |
| Non-recurring financial charges | 66B | €18 | - | -€18 | |
| Profit (loss) for the period before taxes | 9903 | €40,693 | €26,961 | -€13,732 | -33.7% |
| Income taxes | 67/77 | €11,892 | €6,371 | -€5,522 | -46.4% |
| Profit (loss) for the period | 9904 | €28,801 | €20,590 | -€8,211 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,801 | €20,590 | -€8,211 | -28.5% |
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 8 October 2026 via checked.be.