Wecodx: 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.
Wecodx
Largest movements
- Cash +€69,733
up €69,733 (+566.4%), from €12,311 to €82,044
mainly Net result for the year (+€44,889) and Other debts (+€25,207)
- Receivables within one year -€6,348
down €6,348 (-45.8%), from €13,871 to €7,523
of which Trade receivables: -€6,323
- Deferred charges and accrued income +€5,701
up €5,701 (+163.8%), from €3,480 to €9,181
- Other debts +€25,207
up €25,207 (+1523.1%), from €1,655 to €26,862
- Tax, wage and social debts +€22,987
up €22,987 (+296.0%), from €7,766 to €30,753
of which Remuneration and social security: +€14,320
- Reserves +€9,893
up €9,893 (+58.5%), from €16,900 to €26,793
- Profit (loss) carried forward +€6,761
no longer reported in 2025 (was -€6,761)
- Accrued charges and deferred income +€1,772
up €1,772 (+36.5%), from €4,858 to €6,630
- Gross operating margin +€85,072
up €85,072 (+176.8%), from €48,119 to €133,191
- Staff costs +€46,690
up €46,690 (+148.5%), from €31,435 to €78,125
- Taxes +€6,040
up €6,040 (+233.7%), from €2,585 to €8,625
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 | €33,955 | €102,191 | +€68,236 | +201.0% |
| Fixed assets | 21/28 | €4,293 | €3,443 | -€850 | -19.8% |
| Tangible fixed assets | 22/27 | €2,293 | €1,443 | -€850 | -37.1% |
| Furniture and vehicles | 24 | €554 | €77 | -€477 | -86.1% |
| Other tangible fixed assets | 26 | €1,739 | €1,366 | -€373 | -21.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €29,662 | €98,748 | +€69,086 | +232.9% |
| Amounts receivable within one year | 40/41 | €13,871 | €7,523 | -€6,348 | -45.8% |
| Trade receivables | 40 | €13,846 | €7,523 | -€6,323 | -45.7% |
| Other amounts receivable | 41 | €25 | - | -€25 | |
| Cash at bank and in hand | 54/58 | €12,311 | €82,044 | +€69,733 | +566.4% |
| Deferred charges and accrued income | 490/1 | €3,480 | €9,181 | +€5,701 | +163.8% |
| Total equity and liabilities | 10/49 | €33,955 | €102,191 | +€68,236 | +201.0% |
| Equity | 10/15 | €14,139 | €30,793 | +€16,654 | +117.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €16,900 | €26,793 | +€9,893 | +58.5% |
| Distributable reserves | 133 | €16,900 | €26,793 | +€9,893 | +58.5% |
| Profit (loss) carried forward | 14 | -€6,761 | - | +€6,761 | |
| Amounts payable | 17/49 | €19,816 | €71,398 | +€51,582 | +260.3% |
| Amounts payable within one year | 42/48 | €14,958 | €64,768 | +€49,810 | +333.0% |
| Trade debts | 44 | €5,537 | €7,153 | +€1,616 | +29.2% |
| Suppliers | 440/4 | €5,537 | €7,153 | +€1,616 | +29.2% |
| Taxes, remuneration and social security | 45 | €7,766 | €30,753 | +€22,987 | +296.0% |
| Taxes | 450/3 | €4,201 | €12,868 | +€8,667 | +206.3% |
| Remuneration and social security | 454/9 | €3,565 | €17,885 | +€14,320 | +401.7% |
| Other amounts payable | 47/48 | €1,655 | €26,862 | +€25,207 | +1523.1% |
| Accrued charges and deferred income | 492/3 | €4,858 | €6,630 | +€1,772 | +36.5% |
| Remuneration, social security and pensions | 62 | €31,435 | €78,125 | +€46,690 | +148.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706 | €850 | +€144 | +20.4% |
| Other operating charges | 640/8 | €649 | €637 | -€12 | -1.8% |
| Gross operating margin | 9900 | €48,119 | €133,191 | +€85,072 | +176.8% |
| Operating profit (loss) | 9901 | €15,329 | €53,579 | +€38,250 | +249.5% |
| Financial income | 75/76B | - | €522 | +€522 | |
| Recurring financial income | 75 | - | €522 | +€522 | |
| Financial charges | 65/66B | €714 | €587 | -€127 | -17.8% |
| Recurring financial charges | 65 | €714 | €587 | -€127 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €14,615 | €53,514 | +€38,899 | +266.2% |
| Income taxes | 67/77 | €2,585 | €8,625 | +€6,040 | +233.7% |
| Profit (loss) for the period | 9904 | €12,030 | €44,889 | +€32,859 | +273.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,030 | €44,889 | +€32,859 | +273.1% |
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 28 September 2026 via checked.be.