WeGroup: 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.
WeGroup
Largest movements
- Receivables within one year -€634,408
down €634,408 (-81.8%), from €775,981 to €141,573
of which Other amounts receivable: -€610,540
- Cash +€181,250
up €181,250 (+2,420%), from €7,489 to €188,739
mainly Contributions, distributions and other (+€1.5m) and Receivables within one year (+€634,408)
- Contributions +€1.5m
up €1.5m (+27.4%), from €5.5m to €7.0m
of which Capital: +€1.5m
- Debts after one year -€812,774
down €812,774 (-36.4%), from €2.2m to €1.4m
of which Financial debts: -€503,543
- Profit (loss) carried forward -€395,810
down €395,810 (-7.3%), from -€5.4m to -€5.8m
- Trade debts -€380,855
down €380,855 (-95.7%), from €397,988 to €17,133
- Tax, wage and social debts -€353,250
down €353,250 (-84.5%), from €417,918 to €64,668
of which Remuneration and social security: -€219,508
- Gross operating margin +€237,979
up €237,979 (+95.7%), from €248,791 to €486,770
- Financial charges -€99,082
down €99,082 (-50.5%), from €196,376 to €97,294
- Staff costs -€28,789
down €28,789 (-10.0%), from €287,471 to €258,683
- Financial income -€22,153
down €22,153 (-94.8%), from €23,370 to €1,217
- Depreciation +€21,543
up €21,543 (+5.3%), from €408,579 to €430,122
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 | €3,791,620 | €3,316,010 | -€475,610 | -12.5% |
| Formation expenses | 20 | €30,668 | €12,615 | -€18,053 | -58.9% |
| Fixed assets | 21/28 | €2,953,720 | €2,973,082 | +€19,362 | +0.7% |
| Intangible fixed assets | 21 | €2,918,711 | €2,930,580 | +€11,869 | +0.4% |
| Tangible fixed assets | 22/27 | €16,239 | €14,938 | -€1,302 | -8.0% |
| Furniture and vehicles | 24 | €16,239 | €14,938 | -€1,302 | -8.0% |
| Financial fixed assets | 28 | €18,770 | €27,565 | +€8,795 | +46.9% |
| Current assets | 29/58 | €807,232 | €330,313 | -€476,919 | -59.1% |
| Amounts receivable within one year | 40/41 | €775,981 | €141,573 | -€634,408 | -81.8% |
| Trade receivables | 40 | €130,243 | €106,375 | -€23,867 | -18.3% |
| Other amounts receivable | 41 | €645,738 | €35,198 | -€610,540 | -94.5% |
| Cash at bank and in hand | 54/58 | €7,489 | €188,739 | +€181,250 | +2,420% |
| Deferred charges and accrued income | 490/1 | €23,762 | €0 | -€23,762 | -100% |
| Total equity and liabilities | 10/49 | €3,791,620 | €3,316,010 | -€475,610 | -12.5% |
| Equity | 10/15 | €517,750 | €1,621,939 | +€1.1m | +213% |
| Contributions | 10/11 | €5,468,816 | €6,968,816 | +€1.5m | +27.4% |
| Capital | 10 | €2,682,667 | €4,182,667 | +€1.5m | +55.9% |
| Issued capital | 100 | €2,682,667 | €4,182,667 | +€1.5m | +55.9% |
| Contributions outside capital | 11 | €2,786,149 | €2,786,149 | = | 0.0% |
| Share premium | 1100/10 | €2,786,149 | €2,786,149 | = | 0.0% |
| Reserves | 13 | €460,559 | €460,559 | = | 0.0% |
| Tax-exempt reserves | 132 | €460,559 | €460,559 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,411,626 | -€5,807,436 | -€395,810 | -7.3% |
| Amounts payable | 17/49 | €3,273,871 | €1,694,071 | -€1.6m | -48.3% |
| Amounts payable after more than one year | 17 | €2,233,272 | €1,420,498 | -€812,774 | -36.4% |
| Financial debts | 170/4 | €1,896,652 | €1,393,109 | -€503,543 | -26.5% |
| Trade debts | 175 | €86,060 | - | -€86,060 | |
| Other amounts payable | 178/9 | €250,560 | €27,389 | -€223,171 | -89.1% |
| Amounts payable within one year | 42/48 | €1,040,599 | €254,287 | -€786,312 | -75.6% |
| Current portion of amounts payable after more than one year | 42 | €32,672 | €0 | -€32,672 | -100% |
| Financial debts | 43 | €11,591 | €0 | -€11,591 | -100% |
| Credit institutions | 430/8 | €11,591 | €0 | -€11,591 | -100% |
| Trade debts | 44 | €397,988 | €17,133 | -€380,855 | -95.7% |
| Suppliers | 440/4 | €397,988 | €17,133 | -€380,855 | -95.7% |
| Taxes, remuneration and social security | 45 | €417,918 | €64,668 | -€353,250 | -84.5% |
| Taxes | 450/3 | €156,674 | €22,933 | -€133,742 | -85.4% |
| Remuneration and social security | 454/9 | €261,244 | €41,736 | -€219,508 | -84.0% |
| Other amounts payable | 47/48 | €180,430 | €172,485 | -€7,945 | -4.4% |
| Accrued charges and deferred income | 492/3 | €0 | €19,286 | +€19,286 | |
| Non-recurring operating income | 76A | €50,992 | €213,500 | +€162,509 | +319% |
| Remuneration, social security and pensions | 62 | €287,471 | €258,683 | -€28,789 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408,579 | €430,122 | +€21,543 | +5.3% |
| Other operating charges | 640/8 | €3,239 | €13,868 | +€10,629 | +328% |
| Non-recurring operating charges | 66A | €98,316 | €75,799 | -€22,517 | -22.9% |
| Gross operating margin | 9900 | €248,791 | €486,770 | +€237,979 | +95.7% |
| Operating profit (loss) | 9901 | -€548,815 | -€291,703 | +€257,112 | +46.8% |
| Financial income | 75/76B | €23,370 | €1,217 | -€22,153 | -94.8% |
| Recurring financial income | 75 | €23,370 | €1,217 | -€22,153 | -94.8% |
| Financial charges | 65/66B | €196,376 | €97,294 | -€99,082 | -50.5% |
| Recurring financial charges | 65 | €196,376 | €97,294 | -€99,082 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | -€721,821 | -€387,780 | +€334,042 | +46.3% |
| Income taxes | 67/77 | €1,015 | €8,031 | +€7,016 | +692% |
| Profit (loss) for the period | 9904 | -€722,836 | -€395,810 | +€327,026 | +45.2% |
| Transfer from tax-exempt reserves | 789 | €3,052 | €0 | -€3,052 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€719,783 | -€395,810 | +€323,973 | +45.0% |
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 19 October 2026 via checked.be.