WEFEATIT: 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.
WEFEATIT
Largest movements
- Current investments +€303,321
new in 2024: €303,321
- Cash -€253,710
down €253,710 (-76.9%), from €329,856 to €76,146
mainly Contributions, distributions and other (-€325,000) and Current investments (-€303,321)
- Receivables within one year +€13,219
up €13,219 (+85.9%), from €15,384 to €28,603
of which Other amounts receivable: +€10,148
- Other debts +€325,177
up €325,177 (+824.6%), from €39,437 to €364,613
- Profit (loss) carried forward -€248,627
down €248,627 (-90.4%), from €275,072 to €26,445
- Tax, wage and social debts -€24,121
down €24,121 (-62.5%), from €38,608 to €14,487
of which Taxes: -€24,635
- Gross operating margin +€7,061
up €7,061 (+7.5%), from €94,131 to €101,192
- Financial income +€3,316
up €3,316 (+63399.0%), from €5 to €3,321
- Taxes -€2,472
down €2,472 (-11.1%), from €22,324 to €19,852
- Financial charges +€1,128
up €1,128 (+41.4%), from €2,726 to €3,854
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 | €358,154 | €415,925 | +€57,771 | +16.1% |
| Formation expenses | 20 | €43 | - | -€43 | |
| Fixed assets | 21/28 | €11,118 | €7,579 | -€3,539 | -31.8% |
| Tangible fixed assets | 22/27 | €11,018 | €7,479 | -€3,539 | -32.1% |
| Furniture and vehicles | 24 | €11,018 | €7,479 | -€3,539 | -32.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €346,992 | €408,346 | +€61,354 | +17.7% |
| Amounts receivable within one year | 40/41 | €15,384 | €28,603 | +€13,219 | +85.9% |
| Trade receivables | 40 | €15,384 | €18,455 | +€3,071 | +20.0% |
| Other amounts receivable | 41 | - | €10,148 | +€10,148 | |
| Current investments | 50/53 | - | €303,321 | +€303,321 | |
| Cash at bank and in hand | 54/58 | €329,856 | €76,146 | -€253,710 | -76.9% |
| Deferred charges and accrued income | 490/1 | €1,752 | €276 | -€1,476 | -84.3% |
| Total equity and liabilities | 10/49 | €358,154 | €415,925 | +€57,771 | +16.1% |
| Equity | 10/15 | €277,072 | €28,445 | -€248,627 | -89.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €275,072 | €26,445 | -€248,627 | -90.4% |
| Amounts payable | 17/49 | €81,082 | €387,480 | +€306,399 | +377.9% |
| Amounts payable within one year | 42/48 | €78,369 | €381,060 | +€302,691 | +386.2% |
| Trade debts | 44 | €325 | €1,960 | +€1,635 | +503.5% |
| Suppliers | 440/4 | €325 | €1,960 | +€1,635 | +503.5% |
| Taxes, remuneration and social security | 45 | €38,608 | €14,487 | -€24,121 | -62.5% |
| Taxes | 450/3 | €36,376 | €11,742 | -€24,635 | -67.7% |
| Remuneration and social security | 454/9 | €2,232 | €2,745 | +€514 | +23.0% |
| Other amounts payable | 47/48 | €39,437 | €364,613 | +€325,177 | +824.6% |
| Accrued charges and deferred income | 492/3 | €2,712 | €6,420 | +€3,708 | +136.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,060 | €3,582 | -€478 | -11.8% |
| Other operating charges | 640/8 | €646 | €852 | +€206 | +31.9% |
| Gross operating margin | 9900 | €94,131 | €101,192 | +€7,061 | +7.5% |
| Operating profit (loss) | 9901 | €89,424 | €96,758 | +€7,333 | +8.2% |
| Financial income | 75/76B | €5 | €3,321 | +€3,316 | +63399.0% |
| Recurring financial income | 75 | €5 | €3,321 | +€3,316 | +63399.0% |
| Financial charges | 65/66B | €2,726 | €3,854 | +€1,128 | +41.4% |
| Recurring financial charges | 65 | €2,726 | €3,854 | +€1,128 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €86,703 | €96,225 | +€9,521 | +11.0% |
| Income taxes | 67/77 | €22,324 | €19,852 | -€2,472 | -11.1% |
| Profit (loss) for the period | 9904 | €64,380 | €76,373 | +€11,993 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,380 | €76,373 | +€11,993 | +18.6% |
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 2 October 2026 via checked.be.