WE ARE GROUP: 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.
WE ARE GROUP
Largest movements
- Receivables within one year +€50,462
up €50,462 (+264%), from €19,079 to €69,542
of which Other amounts receivable: +€28,203
- Tangible fixed assets -€6,630
down €6,630 (-100%), from €6,630 to €0
- Intangible fixed assets +€3,904
new in 2025: €3,904
- Trade debts +€36,533
up €36,533 (+139%), from €26,306 to €62,839
- Profit (loss) carried forward +€10,634
up €10,634, from -€2,123 to €8,511
- Financial income +€12,657
up €12,657 (+7,959%), from €159 to €12,816
- Gross operating margin -€10,211
down €10,211 (-1,648%), from -€620 to -€10,831
- Financial charges +€3,855
up €3,855 (+2,021%), from €191 to €4,046
- Other operating charges +€1,096
new in 2025: €1,096
- Depreciation +€1,059
up €1,059 (+31.8%), from €3,333 to €4,393
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,710 | €73,451 | +€47,741 | +186% |
| Fixed assets | 21/28 | €6,630 | €3,904 | -€2,726 | -41.1% |
| Intangible fixed assets | 21 | - | €3,904 | +€3,904 | |
| Tangible fixed assets | 22/27 | €6,630 | €0 | -€6,630 | -100% |
| Furniture and vehicles | 24 | €6,630 | €0 | -€6,630 | -100% |
| Current assets | 29/58 | €19,079 | €69,547 | +€50,467 | +265% |
| Amounts receivable within one year | 40/41 | €19,079 | €69,542 | +€50,462 | +264% |
| Trade receivables | 40 | €13,559 | €35,818 | +€22,259 | +164% |
| Other amounts receivable | 41 | €5,520 | €33,723 | +€28,203 | +511% |
| Cash at bank and in hand | 54/58 | €0 | €5 | +€5 | |
| Total equity and liabilities | 10/49 | €25,710 | €73,451 | +€47,741 | +186% |
| Equity | 10/15 | -€1,123 | €9,511 | +€10,634 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,123 | €8,511 | +€10,634 | |
| Amounts payable | 17/49 | €26,833 | €63,940 | +€37,108 | +138% |
| Amounts payable within one year | 42/48 | €26,833 | €63,940 | +€37,108 | +138% |
| Financial debts | 43 | €24 | - | -€24 | |
| Other loans | 439 | €24 | - | -€24 | |
| Trade debts | 44 | €26,306 | €62,839 | +€36,533 | +139% |
| Suppliers | 440/4 | €26,306 | €62,839 | +€36,533 | +139% |
| Taxes, remuneration and social security | 45 | €502 | €1,101 | +€599 | +119% |
| Taxes | 450/3 | €502 | €1,101 | +€599 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €4,393 | +€1,059 | +31.8% |
| Other operating charges | 640/8 | - | €1,096 | +€1,096 | |
| Gross operating margin | 9900 | -€620 | -€10,831 | -€10,211 | -1,648% |
| Operating profit (loss) | 9901 | -€3,953 | -€16,319 | -€12,366 | -313% |
| Financial income | 75/76B | €159 | €12,816 | +€12,657 | +7,959% |
| Recurring financial income | 75 | €159 | €12,816 | +€12,657 | +7,959% |
| Financial charges | 65/66B | €191 | €4,046 | +€3,855 | +2,021% |
| Recurring financial charges | 65 | €191 | €4,046 | +€3,855 | +2,021% |
| Profit (loss) for the period before taxes | 9903 | -€3,985 | -€7,549 | -€3,565 | -89.5% |
| Income taxes | 67/77 | €0 | €497 | +€497 | |
| Profit (loss) for the period | 9904 | -€3,985 | -€8,046 | -€4,062 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,985 | -€8,046 | -€4,062 | -102% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.