We Can: 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 Can
Largest movements
- Receivables within one year +€40,565
up €40,565 (+116%), from €34,920 to €75,485
of which Other amounts receivable: +€45,526
- Cash +€12,968
up €12,968 (+1,234%), from €1,051 to €14,018
mainly Other debts (+€44,347) and Net result for the year (+€30,857)
- Deferred charges and accrued income -€4,191
down €4,191 (-99.7%), from €4,202 to €11
- Other debts +€44,347
up €44,347 (+219%), from €20,250 to €64,597
- Debts after one year -€18,345
down €18,345 (-17.6%), from €104,048 to €85,703
- Tax, wage and social debts +€11,220
up €11,220 (+95.1%), from €11,798 to €23,018
- Reserves +€6,396
up €6,396 (+8.0%), from €80,210 to €86,606
of which Distributable reserves: +€6,396
- Trade debts +€3,115
up €3,115 (+35.9%), from €8,674 to €11,789
- Gross operating margin +€17,811
up €17,811 (+53.6%), from €33,251 to €51,061
- Taxes +€4,531
up €4,531 (+114%), from €3,963 to €8,494
- Financial income +€2,851
up €2,851 (+1,127%), from €253 to €3,103
- Financial charges -€2,814
down €2,814 (-31.0%), from €9,081 to €6,267
- Other operating charges -€1,213
down €1,213 (-29.7%), from €4,077 to €2,864
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.
Derived cash bridge
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 | €245,358 | €292,582 | +€47,224 | +19.2% |
| Fixed assets | 21/28 | €205,186 | €203,068 | -€2,118 | -1.0% |
| Tangible fixed assets | 22/27 | €151,992 | €149,875 | -€2,118 | -1.4% |
| Land and buildings | 22 | €151,152 | €146,196 | -€4,956 | -3.3% |
| Plant, machinery and equipment | 23 | €260 | €112 | -€148 | -56.9% |
| Furniture and vehicles | 24 | €581 | €3,567 | +€2,986 | +514% |
| Financial fixed assets | 28 | €53,194 | €53,194 | = | 0.0% |
| Current assets | 29/58 | €40,172 | €89,514 | +€49,342 | +123% |
| Amounts receivable within one year | 40/41 | €34,920 | €75,485 | +€40,565 | +116% |
| Trade receivables | 40 | €12,438 | €7,477 | -€4,961 | -39.9% |
| Other amounts receivable | 41 | €22,482 | €68,008 | +€45,526 | +203% |
| Cash at bank and in hand | 54/58 | €1,051 | €14,018 | +€12,968 | +1,234% |
| Deferred charges and accrued income | 490/1 | €4,202 | €11 | -€4,191 | -99.7% |
| Total equity and liabilities | 10/49 | €245,358 | €292,582 | +€47,224 | +19.2% |
| Equity | 10/15 | €80,710 | €87,106 | +€6,396 | +7.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €80,210 | €86,606 | +€6,396 | +8.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €80,160 | €86,556 | +€6,396 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,648 | €205,476 | +€40,828 | +24.8% |
| Amounts payable after more than one year | 17 | €104,048 | €85,703 | -€18,345 | -17.6% |
| Financial debts | 170/4 | €104,048 | €85,703 | -€18,345 | -17.6% |
| Amounts payable within one year | 42/48 | €60,600 | €119,773 | +€59,173 | +97.6% |
| Current portion of amounts payable after more than one year | 42 | €19,878 | €20,368 | +€491 | +2.5% |
| Trade debts | 44 | €8,674 | €11,789 | +€3,115 | +35.9% |
| Suppliers | 440/4 | €8,674 | €11,789 | +€3,115 | +35.9% |
| Taxes, remuneration and social security | 45 | €11,798 | €23,018 | +€11,220 | +95.1% |
| Taxes | 450/3 | €11,798 | €23,018 | +€11,220 | +95.1% |
| Other amounts payable | 47/48 | €20,250 | €64,597 | +€44,347 | +219% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,460 | €5,682 | +€222 | +4.1% |
| Other operating charges | 640/8 | €4,077 | €2,864 | -€1,213 | -29.7% |
| Gross operating margin | 9900 | €33,251 | €51,061 | +€17,811 | +53.6% |
| Operating profit (loss) | 9901 | €23,714 | €42,515 | +€18,802 | +79.3% |
| Financial income | 75/76B | €253 | €3,103 | +€2,851 | +1,127% |
| Recurring financial income | 75 | €253 | €3,103 | +€2,851 | +1,127% |
| Financial charges | 65/66B | €9,081 | €6,267 | -€2,814 | -31.0% |
| Recurring financial charges | 65 | €9,081 | €6,267 | -€2,814 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €14,885 | €39,352 | +€24,466 | +164% |
| Income taxes | 67/77 | €3,963 | €8,494 | +€4,531 | +114% |
| Profit (loss) for the period | 9904 | €10,922 | €30,857 | +€19,935 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €10,922 | €30,857 | +€19,935 | +183% |
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 14 October 2026 via checked.be.