We4u: 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.
We4u
Largest movements
- Deferred charges and accrued income -€3,405
no longer reported in 2025 (was €3,405)
- Tangible fixed assets -€1,054
down €1,054 (-32.8%), from €3,208 to €2,155
- Receivables within one year -€226
down €226 (-2.3%), from €10,017 to €9,791
of which Trade receivables: -€226
- Other debts +€15,021
up €15,021 (+1583.1%), from €949 to €15,970
- Profit (loss) carried forward -€8,073
down €8,073 (-31.0%), from -€26,064 to -€34,136
- Tax, wage and social debts -€5,827
down €5,827 (-72.6%), from €8,022 to €2,195
of which Remuneration and social security: -€6,300
- Trade debts -€3,275
down €3,275 (-72.6%), from €4,511 to €1,236
- Short-term financial debts -€2,531
down €2,531 (-31.7%), from €7,995 to €5,464
- Gross operating margin -€2,958
down €2,958 (-595.6%), from -€497 to -€3,455
- Financial charges -€1,458
down €1,458 (-37.7%), from €3,869 to €2,411
- Depreciation -€1,100
down €1,100 (-45.6%), from €2,413 to €1,313
- Taxes +€587
up €587 (+238.2%), from €246 to €833
- Other operating charges -€62
down €62 (-42.2%), from €147 to €85
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 | €16,630 | €11,946 | -€4,685 | -28.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €3,208 | €2,155 | -€1,054 | -32.8% |
| Tangible fixed assets | 22/27 | €3,208 | €2,155 | -€1,054 | -32.8% |
| Plant, machinery and equipment | 23 | €3,208 | €2,155 | -€1,054 | -32.8% |
| Current assets | 29/58 | €13,422 | €9,791 | -€3,631 | -27.1% |
| Amounts receivable within one year | 40/41 | €10,017 | €9,791 | -€226 | -2.3% |
| Trade receivables | 40 | €10,017 | €9,791 | -€226 | -2.3% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Deferred charges and accrued income | 490/1 | €3,405 | - | -€3,405 | |
| Total equity and liabilities | 10/49 | €16,630 | €11,946 | -€4,685 | -28.2% |
| Equity | 10/15 | -€4,847 | -€12,919 | -€8,073 | -166.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,017 | €15,017 | = | 0.0% |
| 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 | €13,157 | €13,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,064 | -€34,136 | -€8,073 | -31.0% |
| Amounts payable | 17/49 | €21,477 | €24,865 | +€3,388 | +15.8% |
| Amounts payable within one year | 42/48 | €21,477 | €24,865 | +€3,388 | +15.8% |
| Financial debts | 43 | €7,995 | €5,464 | -€2,531 | -31.7% |
| Credit institutions | 430/8 | €7,995 | €5,464 | -€2,531 | -31.7% |
| Trade debts | 44 | €4,511 | €1,236 | -€3,275 | -72.6% |
| Suppliers | 440/4 | €4,511 | €1,236 | -€3,275 | -72.6% |
| Taxes, remuneration and social security | 45 | €8,022 | €2,195 | -€5,827 | -72.6% |
| Taxes | 450/3 | €1,722 | €2,195 | +€473 | +27.5% |
| Remuneration and social security | 454/9 | €6,300 | - | -€6,300 | |
| Other amounts payable | 47/48 | €949 | €15,970 | +€15,021 | +1583.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,413 | €1,313 | -€1,100 | -45.6% |
| Other operating charges | 640/8 | €147 | €85 | -€62 | -42.2% |
| Gross operating margin | 9900 | -€497 | -€3,455 | -€2,958 | -595.6% |
| Operating profit (loss) | 9901 | -€3,057 | -€4,853 | -€1,796 | -58.8% |
| Financial income | 75/76B | €72 | €24 | -€48 | -67.3% |
| Recurring financial income | 75 | €72 | €24 | -€48 | -67.3% |
| Financial charges | 65/66B | €3,869 | €2,411 | -€1,458 | -37.7% |
| Recurring financial charges | 65 | €3,869 | €2,411 | -€1,458 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,854 | -€7,240 | -€386 | -5.6% |
| Income taxes | 67/77 | €246 | €833 | +€587 | +238.2% |
| Profit (loss) for the period | 9904 | -€7,100 | -€8,073 | -€972 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,100 | -€8,073 | -€972 | -13.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.