WE-GROUP: 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-GROUP
Largest movements
- Cash +€18,370
up €18,370 (+549.8%), from €3,342 to €21,712
mainly Net result for the year (+€15,085) and Receivables within one year (+€5,893)
- Receivables within one year -€5,893
down €5,893 (-29.7%), from €19,839 to €13,946
of which Trade receivables: -€9,458
- Tangible fixed assets +€1,560
new in 2024: €1,560
- Deferred charges and accrued income +€1,032
new in 2024: €1,032
- Profit (loss) carried forward +€15,085
up €15,085 (+204.6%), from €7,374 to €22,459
- Advances received +€2,700
new in 2024: €2,700
- Trade debts -€2,010
down €2,010 (-23.1%), from €8,683 to €6,673
- Other debts -€1,909
down €1,909 (-74.1%), from €2,575 to €666
- Tax, wage and social debts +€1,204
up €1,204 (+26.5%), from €4,549 to €5,752
of which Remuneration and social security: +€1,395
- Gross operating margin +€11,028
up €11,028 (+51.7%), from €21,321 to €32,349
- Other operating charges +€2,308
up €2,308 (+19.4%), from €11,913 to €14,221
- Taxes +€787
up €787 (+40.3%), from €1,955 to €2,741
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 | €23,180 | €38,250 | +€15,070 | +65.0% |
| Fixed assets | 21/28 | - | €1,560 | +€1,560 | |
| Tangible fixed assets | 22/27 | - | €1,560 | +€1,560 | |
| Furniture and vehicles | 24 | - | €1,560 | +€1,560 | |
| Current assets | 29/58 | €23,180 | €36,690 | +€13,510 | +58.3% |
| Amounts receivable within one year | 40/41 | €19,839 | €13,946 | -€5,893 | -29.7% |
| Trade receivables | 40 | €16,498 | €7,040 | -€9,458 | -57.3% |
| Other amounts receivable | 41 | €3,341 | €6,906 | +€3,566 | +106.7% |
| Cash at bank and in hand | 54/58 | €3,342 | €21,712 | +€18,370 | +549.8% |
| Deferred charges and accrued income | 490/1 | - | €1,032 | +€1,032 | |
| Total equity and liabilities | 10/49 | €23,180 | €38,250 | +€15,070 | +65.0% |
| Equity | 10/15 | €7,374 | €22,459 | +€15,085 | +204.6% |
| Profit (loss) carried forward | 14 | €7,374 | €22,459 | +€15,085 | +204.6% |
| Amounts payable | 17/49 | €15,806 | €15,791 | -€15 | -0.1% |
| Amounts payable within one year | 42/48 | €15,806 | €15,791 | -€15 | -0.1% |
| Trade debts | 44 | €8,683 | €6,673 | -€2,010 | -23.1% |
| Suppliers | 440/4 | €8,683 | €6,673 | -€2,010 | -23.1% |
| Advances received on contracts in progress | 46 | - | €2,700 | +€2,700 | |
| Taxes, remuneration and social security | 45 | €4,549 | €5,752 | +€1,204 | +26.5% |
| Taxes | 450/3 | €3,087 | €2,896 | -€191 | -6.2% |
| Remuneration and social security | 454/9 | €1,462 | €2,856 | +€1,395 | +95.4% |
| Other amounts payable | 47/48 | €2,575 | €666 | -€1,909 | -74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €189 | +€189 | |
| Other operating charges | 640/8 | €11,913 | €14,221 | +€2,308 | +19.4% |
| Gross operating margin | 9900 | €21,321 | €32,349 | +€11,028 | +51.7% |
| Operating profit (loss) | 9901 | €9,407 | €17,939 | +€8,531 | +90.7% |
| Financial charges | 65/66B | €78 | €112 | +€34 | +43.2% |
| Recurring financial charges | 65 | €78 | €112 | +€34 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | €9,329 | €17,826 | +€8,498 | +91.1% |
| Income taxes | 67/77 | €1,955 | €2,741 | +€787 | +40.3% |
| Profit (loss) for the period | 9904 | €7,374 | €15,085 | +€7,711 | +104.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,374 | €15,085 | +€7,711 | +104.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.