WORLD NET: 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.
WORLD NET
Largest movements
- Cash +€23,050
up €23,050 (+60.3%), from €38,225 to €61,274
mainly Receivables within one year (+€18,869) and Net result for the year (+€15,238)
- Receivables within one year -€18,869
down €18,869 (-25.5%), from €73,862 to €54,994
of which Trade receivables: -€23,566
- Tangible fixed assets -€4,472
down €4,472 (-6.8%), from €65,768 to €61,296
of which Land and buildings: -€3,890
- Reserves +€15,238
up €15,238 (+35.0%), from €43,520 to €58,758
- Trade debts -€12,569
no longer reported in 2025 (was €12,569)
- Staff costs +€6,434
up €6,434 (+4.5%), from €144,350 to €150,785
- Taxes -€3,383
down €3,383 (-31.8%), from €10,625 to €7,242
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 | €178,321 | €179,293 | +€971 | +0.5% |
| Fixed assets | 21/28 | €65,927 | €61,455 | -€4,472 | -6.8% |
| Tangible fixed assets | 22/27 | €65,768 | €61,296 | -€4,472 | -6.8% |
| Land and buildings | 22 | €64,198 | €60,308 | -€3,890 | -6.1% |
| Plant, machinery and equipment | 23 | €237 | €127 | -€110 | -46.4% |
| Furniture and vehicles | 24 | €1,333 | €861 | -€472 | -35.4% |
| Financial fixed assets | 28 | €159 | €159 | = | 0.0% |
| Current assets | 29/58 | €112,394 | €117,838 | +€5,443 | +4.8% |
| Amounts receivable within one year | 40/41 | €73,862 | €54,994 | -€18,869 | -25.5% |
| Trade receivables | 40 | €73,862 | €50,296 | -€23,566 | -31.9% |
| Other amounts receivable | 41 | - | €4,697 | +€4,697 | |
| Cash at bank and in hand | 54/58 | €38,225 | €61,274 | +€23,050 | +60.3% |
| Deferred charges and accrued income | 490/1 | €308 | €1,570 | +€1,262 | +411% |
| Total equity and liabilities | 10/49 | €178,321 | €179,293 | +€971 | +0.5% |
| Equity | 10/15 | €125,953 | €141,191 | +€15,238 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,520 | €58,758 | +€15,238 | +35.0% |
| Distributable reserves | 133 | €43,520 | €58,758 | +€15,238 | +35.0% |
| Profit (loss) carried forward | 14 | €63,833 | €63,833 | = | 0.0% |
| Amounts payable | 17/49 | €52,368 | €38,101 | -€14,267 | -27.2% |
| Amounts payable within one year | 42/48 | €52,068 | €38,101 | -€13,967 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €3,339 | €3,370 | +€31 | +0.9% |
| Trade debts | 44 | €12,569 | - | -€12,569 | |
| Suppliers | 440/4 | €12,569 | - | -€12,569 | |
| Taxes, remuneration and social security | 45 | €22,571 | €21,967 | -€604 | -2.7% |
| Taxes | 450/3 | €9,903 | €9,611 | -€292 | -3.0% |
| Remuneration and social security | 454/9 | €12,669 | €12,357 | -€312 | -2.5% |
| Other amounts payable | 47/48 | €13,588 | €12,764 | -€824 | -6.1% |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Remuneration, social security and pensions | 62 | €144,350 | €150,785 | +€6,434 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,067 | €4,472 | +€405 | +10.0% |
| Other operating charges | 640/8 | €2,536 | €2,152 | -€384 | -15.2% |
| Gross operating margin | 9900 | €182,269 | €180,960 | -€1,309 | -0.7% |
| Operating profit (loss) | 9901 | €31,316 | €23,551 | -€7,765 | -24.8% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.2% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.2% |
| Financial charges | 65/66B | €978 | €1,071 | +€93 | +9.5% |
| Recurring financial charges | 65 | €978 | €1,071 | +€93 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €30,344 | €22,480 | -€7,864 | -25.9% |
| Income taxes | 67/77 | €10,625 | €7,242 | -€3,383 | -31.8% |
| Profit (loss) for the period | 9904 | €19,720 | €15,238 | -€4,482 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,720 | €15,238 | -€4,482 | -22.7% |
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 26 October 2026 via checked.be.