Wethinkbeautiful: 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.
Wethinkbeautiful
Largest movements
- Cash -€20,223
down €20,223 (-20.5%), from €98,588 to €78,365
mainly Tax, wage and social debts (-€10,650) and Trade debts (-€9,472)
- Receivables within one year +€2,856
up €2,856 (+3.1%), from €92,934 to €95,790
of which Other amounts receivable: +€32,126
- Reserves +€12,000
up €12,000 (+12.7%), from €94,860 to €106,860
- Tax, wage and social debts -€10,650
down €10,650 (-23.7%), from €44,994 to €34,344
of which Taxes: -€6,727
- Trade debts -€9,472
down €9,472 (-33.0%), from €28,673 to €19,201
- Accrued charges and deferred income -€7,200
down €7,200 (-28.4%), from €25,375 to €18,175
- Gross operating margin -€24,373
down €24,373 (-24.3%), from €100,129 to €75,756
- Write-downs -€10,500
no longer reported in 2024 (was €10,500)
- Taxes -€1,901
down €1,901 (-13.9%), from €13,724 to €11,822
- Financial charges -€1,181
down €1,181 (-25.1%), from €4,715 to €3,534
- Depreciation -€1,044
down €1,044 (-50.1%), from €2,083 to €1,039
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 | €209,762 | €194,391 | -€15,370 | -7.3% |
| Fixed assets | 21/28 | €16,642 | €16,695 | +€53 | +0.3% |
| Tangible fixed assets | 22/27 | €7,052 | €7,105 | +€53 | +0.8% |
| Furniture and vehicles | 24 | €7,052 | €7,105 | +€53 | +0.8% |
| Financial fixed assets | 28 | €9,590 | €9,590 | = | 0.0% |
| Current assets | 29/58 | €193,120 | €177,696 | -€15,424 | -8.0% |
| Amounts receivable within one year | 40/41 | €92,934 | €95,790 | +€2,856 | +3.1% |
| Trade receivables | 40 | €32,252 | €2,983 | -€29,270 | -90.8% |
| Other amounts receivable | 41 | €60,681 | €92,807 | +€32,126 | +52.9% |
| Cash at bank and in hand | 54/58 | €98,588 | €78,365 | -€20,223 | -20.5% |
| Deferred charges and accrued income | 490/1 | €1,598 | €3,541 | +€1,943 | +121.6% |
| Total equity and liabilities | 10/49 | €209,762 | €194,391 | -€15,370 | -7.3% |
| Equity | 10/15 | €104,936 | €117,178 | +€12,242 | +11.7% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €94,860 | €106,860 | +€12,000 | +12.7% |
| Distributable reserves | 133 | €94,860 | €106,860 | +€12,000 | +12.7% |
| Profit (loss) carried forward | 14 | -€4,124 | -€3,882 | +€242 | +5.9% |
| Amounts payable | 17/49 | €104,825 | €77,213 | -€27,612 | -26.3% |
| Amounts payable within one year | 42/48 | €79,450 | €59,038 | -€20,412 | -25.7% |
| Financial debts | 43 | €4,574 | €5,493 | +€919 | +20.1% |
| Other loans | 439 | €4,574 | €5,493 | +€919 | +20.1% |
| Trade debts | 44 | €28,673 | €19,201 | -€9,472 | -33.0% |
| Suppliers | 440/4 | €28,673 | €19,201 | -€9,472 | -33.0% |
| Taxes, remuneration and social security | 45 | €44,994 | €34,344 | -€10,650 | -23.7% |
| Taxes | 450/3 | €32,894 | €26,167 | -€6,727 | -20.5% |
| Remuneration and social security | 454/9 | €12,100 | €8,177 | -€3,923 | -32.4% |
| Other amounts payable | 47/48 | €1,209 | - | -€1,209 | |
| Accrued charges and deferred income | 492/3 | €25,375 | €18,175 | -€7,200 | -28.4% |
| Remuneration, social security and pensions | 62 | €47,706 | €48,446 | +€740 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,083 | €1,039 | -€1,044 | -50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,500 | - | -€10,500 | |
| Other operating charges | 640/8 | €499 | €883 | +€384 | +77.1% |
| Gross operating margin | 9900 | €100,129 | €75,756 | -€24,373 | -24.3% |
| Operating profit (loss) | 9901 | €39,341 | €25,388 | -€13,953 | -35.5% |
| Financial income | 75/76B | €1,642 | €2,210 | +€568 | +34.6% |
| Recurring financial income | 75 | €1,642 | €2,210 | +€568 | +34.6% |
| Financial charges | 65/66B | €4,715 | €3,534 | -€1,181 | -25.1% |
| Recurring financial charges | 65 | €4,715 | €3,534 | -€1,181 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €36,268 | €24,064 | -€12,204 | -33.6% |
| Income taxes | 67/77 | €13,724 | €11,822 | -€1,901 | -13.9% |
| Profit (loss) for the period | 9904 | €22,544 | €12,242 | -€10,302 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,544 | €12,242 | -€10,302 | -45.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.