WePROJECT: 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.
WePROJECT
Largest movements
- Receivables within one year -€8,327
down €8,327 (-33.9%), from €24,558 to €16,231
of which Other amounts receivable: -€8,203
- Cash -€6,271
down €6,271 (-76.2%), from €8,235 to €1,964
mainly Contributions, distributions and other (-€17,991) and Tax, wage and social debts (-€10,151)
- Tangible fixed assets +€2,501
up €2,501 (+69.7%), from €3,588 to €6,089
of which Plant, machinery and equipment: +€2,918
- Financial fixed assets +€2,135
up €2,135 (+854.0%), from €250 to €2,385
- Tax, wage and social debts -€10,151
down €10,151 (-30.2%), from €33,637 to €23,485
- Gross operating margin -€34,912
down €34,912 (-54.5%), from €64,113 to €29,200
- Taxes -€4,925
down €4,925 (-42.2%), from €11,672 to €6,747
- Other operating charges -€4,606
down €4,606 (-77.6%), from €5,934 to €1,328
- Depreciation +€864
up €864 (+47.2%), from €1,831 to €2,695
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 | €36,631 | €26,668 | -€9,962 | -27.2% |
| Fixed assets | 21/28 | €3,838 | €8,474 | +€4,636 | +120.8% |
| Tangible fixed assets | 22/27 | €3,588 | €6,089 | +€2,501 | +69.7% |
| Plant, machinery and equipment | 23 | €3,171 | €6,089 | +€2,918 | +92.0% |
| Furniture and vehicles | 24 | €416 | - | -€416 | |
| Financial fixed assets | 28 | €250 | €2,385 | +€2,135 | +854.0% |
| Current assets | 29/58 | €32,793 | €18,194 | -€14,599 | -44.5% |
| Amounts receivable within one year | 40/41 | €24,558 | €16,231 | -€8,327 | -33.9% |
| Trade receivables | 40 | €11,737 | €11,613 | -€124 | -1.1% |
| Other amounts receivable | 41 | €12,821 | €4,618 | -€8,203 | -64.0% |
| Cash at bank and in hand | 54/58 | €8,235 | €1,964 | -€6,271 | -76.2% |
| Total equity and liabilities | 10/49 | €36,631 | €26,668 | -€9,962 | -27.2% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €34,131 | €24,168 | -€9,962 | -29.2% |
| Amounts payable within one year | 42/48 | €34,131 | €24,168 | -€9,962 | -29.2% |
| Trade debts | 44 | €494 | €683 | +€189 | +38.3% |
| Suppliers | 440/4 | €494 | €683 | +€189 | +38.3% |
| Taxes, remuneration and social security | 45 | €33,637 | €23,485 | -€10,151 | -30.2% |
| Taxes | 450/3 | €33,637 | €23,485 | -€10,151 | -30.2% |
| Non-recurring operating income | 76A | €2,362 | - | -€2,362 | |
| Remuneration, social security and pensions | 62 | €92 | €186 | +€94 | +101.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,831 | €2,695 | +€864 | +47.2% |
| Other operating charges | 640/8 | €5,934 | €1,328 | -€4,606 | -77.6% |
| Gross operating margin | 9900 | €64,113 | €29,200 | -€34,912 | -54.5% |
| Operating profit (loss) | 9901 | €56,255 | €24,991 | -€31,264 | -55.6% |
| Financial income | 75/76B | €0 | €4 | +€4 | +1757.1% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +1757.1% |
| Financial charges | 65/66B | €347 | €257 | -€89 | -25.8% |
| Recurring financial charges | 65 | €347 | €257 | -€89 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €55,909 | €24,738 | -€31,171 | -55.8% |
| Income taxes | 67/77 | €11,672 | €6,747 | -€4,925 | -42.2% |
| Profit (loss) for the period | 9904 | €44,237 | €17,991 | -€26,246 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,237 | €17,991 | -€26,246 | -59.3% |
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 9 October 2026 via checked.be.