WeCircular: 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.
WeCircular
Largest movements
- Receivables within one year -€29,884
down €29,884 (-92.6%), from €32,266 to €2,382
of which Trade receivables: -€29,769
- Tangible fixed assets -€9,129
down €9,129 (-94.4%), from €9,674 to €546
- Cash -€3,313
down €3,313 (-59.8%), from €5,538 to €2,224
mainly Other debts (-€17,521) and Net result for the year (-€14,059)
- Other debts -€17,521
down €17,521 (-99.9%), from €17,535 to €14
- Profit (loss) carried forward -€14,059
down €14,059 (-94.6%), from €14,861 to €802
- Tax, wage and social debts -€10,800
down €10,800 (-97.0%), from €11,136 to €336
- Gross operating margin -€16,271
down €16,271, from €8,630 to -€7,641
- Other operating charges +€5,378
up €5,378 (+4649.8%), from €116 to €5,494
- Depreciation -€2,130
down €2,130 (-73.7%), from €2,889 to €759
- Taxes -€1,580
no longer reported in 2024 (was €1,580)
- Financial charges -€383
down €383 (-63.0%), from €608 to €225
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 | €47,531 | €5,152 | -€42,380 | -89.2% |
| Fixed assets | 21/28 | €9,674 | €546 | -€9,129 | -94.4% |
| Tangible fixed assets | 22/27 | €9,674 | €546 | -€9,129 | -94.4% |
| Furniture and vehicles | 24 | €9,674 | €546 | -€9,129 | -94.4% |
| Current assets | 29/58 | €37,857 | €4,606 | -€33,251 | -87.8% |
| Amounts receivable within one year | 40/41 | €32,266 | €2,382 | -€29,884 | -92.6% |
| Trade receivables | 40 | €32,150 | €2,382 | -€29,769 | -92.6% |
| Other amounts receivable | 41 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €5,538 | €2,224 | -€3,313 | -59.8% |
| Deferred charges and accrued income | 490/1 | €53 | - | -€53 | |
| Total equity and liabilities | 10/49 | €47,531 | €5,152 | -€42,380 | -89.2% |
| Equity | 10/15 | €18,861 | €4,802 | -€14,059 | -74.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,861 | €802 | -€14,059 | -94.6% |
| Amounts payable | 17/49 | €28,670 | €350 | -€28,321 | -98.8% |
| Amounts payable within one year | 42/48 | €28,670 | €350 | -€28,321 | -98.8% |
| Taxes, remuneration and social security | 45 | €11,136 | €336 | -€10,800 | -97.0% |
| Taxes | 450/3 | €11,136 | €336 | -€10,800 | -97.0% |
| Other amounts payable | 47/48 | €17,535 | €14 | -€17,521 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,889 | €759 | -€2,130 | -73.7% |
| Other operating charges | 640/8 | €116 | €5,494 | +€5,378 | +4649.8% |
| Gross operating margin | 9900 | €8,630 | -€7,641 | -€16,271 | |
| Operating profit (loss) | 9901 | €5,625 | -€13,895 | -€19,520 | |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | €608 | €225 | -€383 | -63.0% |
| Recurring financial charges | 65 | €608 | €225 | -€383 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €5,017 | -€14,059 | -€19,076 | |
| Income taxes | 67/77 | €1,580 | - | -€1,580 | |
| Profit (loss) for the period | 9904 | €3,437 | -€14,059 | -€17,496 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,437 | -€14,059 | -€17,496 |
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 6 October 2026 via checked.be.