WEXSO: 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.
WEXSO
Largest movements
- Intangible fixed assets +€94,943
up €94,943 (+214.1%), from €44,345 to €139,288
- Receivables within one year +€10,908
up €10,908 (+1115.7%), from €978 to €11,886
of which Trade receivables: +€7,580
- Cash -€3,089
down €3,089 (-63.1%), from €4,897 to €1,808
mainly Investment in fixed assets (net) (-€112,403) and Net result for the year (-€82,891)
- Other debts +€180,118
up €180,118 (+228.6%), from €78,797 to €258,915
- Profit (loss) carried forward -€82,891
down €82,891 (-83.8%), from -€98,948 to -€181,839
- Trade debts +€5,363
up €5,363 (+25.3%), from €21,232 to €26,596
- Depreciation +€11,863
up €11,863 (+212.0%), from €5,597 to €17,460
- Staff costs +€10,394
up €10,394 (+159.1%), from €6,533 to €16,928
- Gross operating margin -€4,062
down €4,062 (-9.3%), from -€43,600 to -€47,662
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,220 | €153,510 | +€103,290 | +205.7% |
| Fixed assets | 21/28 | €44,345 | €139,288 | +€94,943 | +214.1% |
| Intangible fixed assets | 21 | €44,345 | €139,288 | +€94,943 | +214.1% |
| Current assets | 29/58 | €5,875 | €14,222 | +€8,347 | +142.1% |
| Amounts receivable within one year | 40/41 | €978 | €11,886 | +€10,908 | +1115.7% |
| Trade receivables | 40 | €36 | €7,615 | +€7,580 | +21350.7% |
| Other amounts receivable | 41 | €942 | €4,271 | +€3,329 | +353.3% |
| Cash at bank and in hand | 54/58 | €4,897 | €1,808 | -€3,089 | -63.1% |
| Deferred charges and accrued income | 490/1 | - | €528 | +€528 | |
| Total equity and liabilities | 10/49 | €50,220 | €153,510 | +€103,290 | +205.7% |
| Equity | 10/15 | -€50,274 | -€133,165 | -€82,891 | -164.9% |
| Contributions | 10/11 | €48,674 | €48,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,948 | -€181,839 | -€82,891 | -83.8% |
| Amounts payable | 17/49 | €100,495 | €286,676 | +€186,181 | +185.3% |
| Amounts payable within one year | 42/48 | €100,495 | €286,676 | +€186,181 | +185.3% |
| Trade debts | 44 | €21,232 | €26,596 | +€5,363 | +25.3% |
| Suppliers | 440/4 | €21,232 | €26,596 | +€5,363 | +25.3% |
| Taxes, remuneration and social security | 45 | €466 | €1,165 | +€699 | +150.1% |
| Taxes | 450/3 | - | €133 | +€133 | |
| Remuneration and social security | 454/9 | €466 | €1,032 | +€566 | +121.5% |
| Other amounts payable | 47/48 | €78,797 | €258,915 | +€180,118 | +228.6% |
| Remuneration, social security and pensions | 62 | €6,533 | €16,928 | +€10,394 | +159.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,597 | €17,460 | +€11,863 | +212.0% |
| Other operating charges | 640/8 | €597 | €688 | +€91 | +15.2% |
| Gross operating margin | 9900 | -€43,600 | -€47,662 | -€4,062 | -9.3% |
| Operating profit (loss) | 9901 | -€56,328 | -€82,738 | -€26,410 | -46.9% |
| Financial income | 75/76B | €0 | €27 | +€27 | +33287.5% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +33287.5% |
| Financial charges | 65/66B | €395 | €180 | -€215 | -54.5% |
| Recurring financial charges | 65 | €395 | €180 | -€215 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | -€56,723 | -€82,891 | -€26,168 | -46.1% |
| Profit (loss) for the period | 9904 | -€56,723 | -€82,891 | -€26,168 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,723 | -€82,891 | -€26,168 | -46.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.