WeWork Belgium: 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.
WeWork Belgium
Largest movements
- Cash +€619,212
up €619,212 (+90.5%), from €684,075 to €1.3m
mainly Contributions, distributions and other (+€1.3m) and Other debts (+€726,396)
- Receivables within one year +€568,589
up €568,589 (+253.8%), from €224,007 to €792,596
of which Other amounts receivable: +€567,721
- Contributions +€1.3m
up €1.3m (+31.0%), from €4.0m to €5.3m
- Other debts +€726,396
up €726,396 (+31.7%), from €2.3m to €3.0m
- Profit (loss) carried forward -€576,941
down €576,941 (-3.0%), from -€19.4m to -€20.0m
- Tax, wage and social debts -€248,198
down €248,198 (-16.7%), from €1.5m to €1.2m
of which Taxes: -€299,029
- Write-downs -€3.3m
down €3.3m, from €3.1m to -€191,353
- Financial charges -€223,012
down €223,012 (-20.9%), from €1.1m to €843,545
of which Financial charges: -€223,012
- Staff costs -€176,935
down €176,935 (-98.8%), from €179,095 to €2,160
- Financial income -€114,358
down €114,358 (-90.5%), from €126,357 to €11,999
- Gross operating margin -€4,530
down €4,530 (-6.2%), from €73,460 to €68,930
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 | €6,717,890 | €7,904,942 | +€1.2m | +17.7% |
| Fixed assets | 21/28 | €5,809,059 | €5,809,059 | = | 0.0% |
| Financial fixed assets | 28 | €5,809,059 | €5,809,059 | = | 0.0% |
| Current assets | 29/58 | €908,832 | €2,095,883 | +€1.2m | +130.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €224,007 | €792,596 | +€568,589 | +253.8% |
| Trade receivables | 40 | - | €867 | +€867 | |
| Other amounts receivable | 41 | €224,007 | €791,728 | +€567,721 | +253.4% |
| Cash at bank and in hand | 54/58 | €684,075 | €1,303,287 | +€619,212 | +90.5% |
| Deferred charges and accrued income | 490/1 | €749 | €0 | -€749 | -100.0% |
| Total equity and liabilities | 10/49 | €6,717,890 | €7,904,942 | +€1.2m | +17.7% |
| Equity | 10/15 | -€15,402,457 | -€14,729,398 | +€673,059 | +4.4% |
| Contributions | 10/11 | €4,027,322 | €5,277,322 | +€1.3m | +31.0% |
| Profit (loss) carried forward | 14 | -€19,429,780 | -€20,006,720 | -€576,941 | -3.0% |
| Amounts payable | 17/49 | €22,120,348 | €22,634,340 | +€513,992 | +2.3% |
| Amounts payable after more than one year | 17 | €18,274,106 | €18,348,616 | +€74,510 | +0.4% |
| Financial debts | 170/4 | €18,274,106 | €18,348,616 | +€74,510 | +0.4% |
| Amounts payable within one year | 42/48 | €3,792,145 | €4,258,653 | +€466,508 | +12.3% |
| Trade debts | 44 | €11,805 | €115 | -€11,690 | -99.0% |
| Suppliers | 440/4 | €11,805 | €115 | -€11,690 | -99.0% |
| Taxes, remuneration and social security | 45 | €1,488,620 | €1,240,422 | -€248,198 | -16.7% |
| Taxes | 450/3 | €1,487,046 | €1,188,017 | -€299,029 | -20.1% |
| Remuneration and social security | 454/9 | €1,574 | €52,404 | +€50,830 | +3229.3% |
| Other amounts payable | 47/48 | €2,291,720 | €3,018,116 | +€726,396 | +31.7% |
| Accrued charges and deferred income | 492/3 | €54,097 | €27,071 | -€27,026 | -50.0% |
| Remuneration, social security and pensions | 62 | €179,095 | €2,160 | -€176,935 | -98.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,120,672 | -€191,353 | -€3.3m | |
| Non-recurring operating charges | 66A | €102,562 | €3,518 | -€99,043 | -96.6% |
| Gross operating margin | 9900 | €73,460 | €68,930 | -€4,530 | -6.2% |
| Operating profit (loss) | 9901 | -€3,328,868 | €254,605 | +€3.6m | |
| Financial income | 75/76B | €126,357 | €11,999 | -€114,358 | -90.5% |
| Recurring financial income | 75 | €126,357 | €11,999 | -€114,358 | -90.5% |
| Financial charges | 65/66B | €1,066,557 | €843,545 | -€223,012 | -20.9% |
| Recurring financial charges | 65 | €1,066,557 | €843,545 | -€223,012 | -20.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€4,269,068 | -€576,941 | +€3.7m | +86.5% |
| Profit (loss) for the period | 9904 | -€4,269,068 | -€576,941 | +€3.7m | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,269,068 | -€576,941 | +€3.7m | +86.5% |
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 11 October 2026 via checked.be.