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WEBADEV: 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.

What changed

WEBADEV

BE 0870.417.424
NACE 62.100, Computer programming
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€97,172
2023 · €33,842-€131,014
Equity
-€94,797
2023 · €2,376-€97,172
Cash
€35,092
2023 · €25,167+€9,926
Balance sheet total
€503,724
2023 · €639,817-€136,092

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€119,280

    down €119,280 (-55.9%), from €213,372 to €94,092

    of which Trade receivables: -€119,304

  • Tangible fixed assets -€21,585

    down €21,585 (-5.7%), from €377,083 to €355,498

    of which Land and buildings: -€12,931

  • Cash +€9,926

    up €9,926 (+39.4%), from €25,167 to €35,092

    mainly Receivables within one year (+€119,280) and Debts after one year (+€27,317)

Equity and liabilities
  • Profit (loss) carried forward -€97,172

    down €97,172 (-276.1%), from -€35,197 to -€132,369

  • Trade debts -€55,136

    down €55,136 (-81.1%), from €67,969 to €12,833

  • Debts after one year +€27,317

    up €27,317 (+6.7%), from €407,517 to €434,834

    of which Financial debts: +€27,317

  • Current portion of long-term debt +€21,729

    up €21,729 (+75.6%), from €28,753 to €50,482

  • Other debts -€17,540

    down €17,540 (-38.2%), from €45,879 to €28,339

Income statement
  • Turnover +€476,668

    new in 2024: €476,668

  • Purchases and services +€320,285

    new in 2024: €320,285

  • Gross operating margin -€95,690

    down €95,690 (-33.7%), from €283,911 to €188,221

  • Staff costs +€32,196

    up €32,196 (+15.6%), from €206,331 to €238,526

  • Depreciation +€7,467

    up €7,467 (+41.4%), from €18,015 to €25,482

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €33,842
Gross operating margin -€95,690
Staff costs -€32,196
Depreciation -€7,467
Other operating charges -€245
Other operating items +€987
Financial income +€401
Financial charges +€2,971
Taxes +€225
Result 2024 -€97,172

Cash bridge derived

cash 2023 to 2024

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.

From operations -€39,120
Investment €0
Financing +€49,046
Cash 2023 €25,167
Net result for the year -€97,172
Depreciation +€25,482
Receivables within one year +€119,280
Deferred charges and accrued income +€1,256
Trade debts -€55,136
Tax, wage and social debts -€15,993
Other debts -€17,540
Accrued charges and deferred income +€703
Debts after one year +€27,317
Current portion of long-term debt +€21,729
Cash 2024 €35,092
Every line side by side 52 lines
Line Code 2023 2024 Change %
Total assets 20/58 €639,817 €503,724 -€136,092 -21.3%
Formation expenses 20 €12,278 €9,656 -€2,622 -21.4%
Fixed assets 21/28 €383,202 €360,342 -€22,860 -6.0%
Intangible fixed assets 21 €5,956 €4,681 -€1,275 -21.4%
Tangible fixed assets 22/27 €377,083 €355,498 -€21,585 -5.7%
Land and buildings 22 €343,139 €330,208 -€12,931 -3.8%
Furniture and vehicles 24 €33,945 €25,290 -€8,655 -25.5%
Financial fixed assets 28 €163 €163 = 0.0%
Current assets 29/58 €244,337 €133,727 -€110,610 -45.3%
Amounts receivable within one year 40/41 €213,372 €94,092 -€119,280 -55.9%
Trade receivables 40 €210,666 €91,363 -€119,304 -56.6%
Other amounts receivable 41 €2,706 €2,730 +€24 +0.9%
Cash at bank and in hand 54/58 €25,167 €35,092 +€9,926 +39.4%
Deferred charges and accrued income 490/1 €5,798 €4,542 -€1,256 -21.7%
Total equity and liabilities 10/49 €639,817 €503,724 -€136,092 -21.3%
Equity 10/15 €2,376 -€94,797 -€97,172
Contributions 10/11 €30,000 €30,000 = 0.0%
Reserves 13 €7,572 €7,572 = 0.0%
Non-distributable reserves 130/1 €0 €0 =
Reserves not available under the articles 1311 €0 €0 =
Distributable reserves 133 €7,572 €7,572 = 0.0%
Profit (loss) carried forward 14 -€35,197 -€132,369 -€97,172 -276.1%
Amounts payable 17/49 €637,441 €598,521 -€38,920 -6.1%
Amounts payable after more than one year 17 €407,517 €434,834 +€27,317 +6.7%
Financial debts 170/4 €336,709 €364,026 +€27,317 +8.1%
Other amounts payable 178/9 €70,808 €70,808 = 0.0%
Amounts payable within one year 42/48 €229,924 €162,984 -€66,940 -29.1%
Current portion of amounts payable after more than one year 42 €28,753 €50,482 +€21,729 +75.6%
Trade debts 44 €67,969 €12,833 -€55,136 -81.1%
Suppliers 440/4 €67,969 €12,833 -€55,136 -81.1%
Taxes, remuneration and social security 45 €87,324 €71,331 -€15,993 -18.3%
Taxes 450/3 €36,206 €25,713 -€10,493 -29.0%
Remuneration and social security 454/9 €51,118 €45,618 -€5,500 -10.8%
Other amounts payable 47/48 €45,879 €28,339 -€17,540 -38.2%
Accrued charges and deferred income 492/3 - €703 +€703
Turnover 70 - €476,668 +€476,668
Goods, raw materials, services and sundry goods 60/61 - €320,285 +€320,285
Remuneration, social security and pensions 62 €206,331 €238,526 +€32,196 +15.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,015 €25,482 +€7,467 +41.4%
Other operating charges 640/8 €5,930 €6,175 +€245 +4.1%
Non-recurring operating charges 66A €1,027 €40 -€987 -96.1%
Gross operating margin 9900 €283,911 €188,221 -€95,690 -33.7%
Operating profit (loss) 9901 €52,608 -€82,003 -€134,611
Financial income 75/76B €523 €924 +€401 +76.7%
Recurring financial income 75 €346 €924 +€578 +166.9%
Non-recurring financial income 76B €177 €0 -€177 -100.0%
Financial charges 65/66B €18,886 €15,916 -€2,971 -15.7%
Recurring financial charges 65 €18,886 €15,916 -€2,971 -15.7%
Profit (loss) for the period before taxes 9903 €34,245 -€96,994 -€131,239
Income taxes 67/77 €403 €178 -€225 -55.8%
Profit (loss) for the period 9904 €33,842 -€97,172 -€131,014
Profit (loss) for the period to be appropriated 9905 €33,842 -€97,172 -€131,014

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 29 September 2026 via checked.be.