WECANDANCE: 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.
WECANDANCE
Largest movements
- Receivables within one year +€226,048
up €226,048 (+127%), from €177,486 to €403,533
of which Trade receivables: +€311,163
- Deferred charges and accrued income +€180,773
up €180,773 (+155%), from €116,439 to €297,212
- Tangible fixed assets -€119,294
down €119,294 (-21.2%), from €563,348 to €444,053
of which Plant, machinery and equipment: -€69,226
- Cash -€98,142
down €98,142 (-41.0%), from €239,316 to €141,174
mainly Short-term financial debts (-€400,000) and Receivables within one year (-€226,048)
- Short-term financial debts -€400,000
down €400,000 (-100%), from €400,000 to €0
- Debts after one year +€270,458
up €270,458 (+141%), from €191,537 to €461,995
- Advances received -€177,785
down €177,785 (-96.6%), from €183,970 to €6,185
- Accrued charges and deferred income +€170,287
up €170,287 (+143%), from €119,445 to €289,732
- Trade debts +€152,627
up €152,627 (+37.5%), from €407,235 to €559,862
- Gross operating margin +€542,056
up €542,056, from -€334,165 to €207,891
- Other operating charges -€129,399
down €129,399 (-92.1%), from €140,526 to €11,128
- Staff costs -€61,376
down €61,376 (-89.5%), from €68,538 to €7,162
- Depreciation +€53,142
up €53,142 (+62.5%), from €85,028 to €138,171
- Taxes -€22,090
down €22,090 (-100%), from €22,090 to €0
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 | €1,637,288 | €1,826,672 | +€189,384 | +11.6% |
| Fixed assets | 21/28 | €564,048 | €444,753 | -€119,294 | -21.1% |
| Tangible fixed assets | 22/27 | €563,348 | €444,053 | -€119,294 | -21.2% |
| Plant, machinery and equipment | 23 | €317,815 | €248,589 | -€69,226 | -21.8% |
| Leasing and similar rights | 25 | €244,228 | €184,620 | -€59,608 | -24.4% |
| Other tangible fixed assets | 26 | €1,305 | €10,844 | +€9,539 | +731% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €1,073,240 | €1,381,919 | +€308,678 | +28.8% |
| Amounts receivable after more than one year | 29 | €540,000 | €540,000 | = | 0.0% |
| Other amounts receivable | 291 | €540,000 | €540,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €177,486 | €403,533 | +€226,048 | +127% |
| Trade receivables | 40 | €2,371 | €313,534 | +€311,163 | +13,122% |
| Other amounts receivable | 41 | €175,114 | €89,999 | -€85,116 | -48.6% |
| Cash at bank and in hand | 54/58 | €239,316 | €141,174 | -€98,142 | -41.0% |
| Deferred charges and accrued income | 490/1 | €116,439 | €297,212 | +€180,773 | +155% |
| Total equity and liabilities | 10/49 | €1,637,288 | €1,826,672 | +€189,384 | +11.6% |
| Equity | 10/15 | €97,308 | €157,442 | +€60,135 | +61.8% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €17,000 | €17,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,692 | -€29,558 | +€60,135 | +67.0% |
| Amounts payable | 17/49 | €1,539,980 | €1,669,230 | +€129,249 | +8.4% |
| Amounts payable after more than one year | 17 | €191,537 | €461,995 | +€270,458 | +141% |
| Financial debts | 170/4 | €191,537 | €461,995 | +€270,458 | +141% |
| Amounts payable within one year | 42/48 | €1,228,999 | €917,503 | -€311,495 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €146,011 | €133,878 | -€12,133 | -8.3% |
| Financial debts | 43 | €400,000 | €0 | -€400,000 | -100% |
| Credit institutions | 430/8 | €400,000 | €0 | -€400,000 | -100% |
| Trade debts | 44 | €407,235 | €559,862 | +€152,627 | +37.5% |
| Suppliers | 440/4 | €407,235 | €559,862 | +€152,627 | +37.5% |
| Advances received on contracts in progress | 46 | €183,970 | €6,185 | -€177,785 | -96.6% |
| Taxes, remuneration and social security | 45 | €91,783 | €217,578 | +€125,796 | +137% |
| Taxes | 450/3 | €91,783 | €217,578 | +€125,796 | +137% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €119,445 | €289,732 | +€170,287 | +143% |
| Non-recurring operating income | 76A | €0 | €35,984 | +€35,984 | |
| Remuneration, social security and pensions | 62 | €68,538 | €7,162 | -€61,376 | -89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,028 | €138,171 | +€53,142 | +62.5% |
| Other operating charges | 640/8 | €140,526 | €11,128 | -€129,399 | -92.1% |
| Non-recurring operating charges | 66A | €0 | €500 | +€500 | |
| Gross operating margin | 9900 | -€334,165 | €207,891 | +€542,056 | |
| Operating profit (loss) | 9901 | -€628,258 | €50,930 | +€679,188 | |
| Financial income | 75/76B | €26,318 | €30,261 | +€3,944 | +15.0% |
| Recurring financial income | 75 | €26,318 | €30,261 | +€3,944 | +15.0% |
| Financial charges | 65/66B | €13,776 | €21,057 | +€7,281 | +52.9% |
| Recurring financial charges | 65 | €13,776 | €21,057 | +€7,281 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | -€615,716 | €60,135 | +€675,851 | |
| Income taxes | 67/77 | €22,090 | €0 | -€22,090 | -100% |
| Profit (loss) for the period | 9904 | -€637,806 | €60,135 | +€697,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€637,806 | €60,135 | +€697,941 |
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 17 October 2026 via checked.be.