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WORLD NETWORK: 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.

What changed

WORLD NETWORK

BE 0727.515.737
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€13,594
2023 · €1,232-€14,826
Equity
-€19,145
2023 · -€5,552-€13,594
Cash
€2,998
2023 · €2,652+€346
Balance sheet total
€3,974
2023 · €16,914-€12,940

Largest movements

2023 to 2024
Assets
  • Stocks and contracts -€13,286

    down €13,286 (-93.2%), from €14,261 to €976

  • Cash +€346

    up €346 (+13.0%), from €2,652 to €2,998

    mainly Stocks and contracts (+€13,286) and Other debts (+€8,340)

Equity and liabilities
  • Profit (loss) carried forward -€13,594

    down €13,594 (-128.8%), from -€10,552 to -€24,145

  • Other debts +€8,340

    up €8,340 (+122.1%), from €6,831 to €15,171

  • Trade debts -€7,499

    no longer reported in 2024 (was €7,499)

  • Tax, wage and social debts -€186

    down €186 (-2.3%), from €8,135 to €7,949

    of which Taxes: -€186

Income statement
  • Gross operating margin -€14,826

    down €14,826, from €1,385 to -€13,440

  • Turnover -€11,221

    down €11,221 (-61.0%), from €18,390 to €7,169

  • Purchases and services +€3,605

    up €3,605 (+21.2%), from €17,005 to €20,610

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,232
Gross operating margin -€14,826
Result 2024 -€13,594

Cash bridge derived

cash 2023 to 2024

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.

From operations +€346
Investment €0
Financing €0
Cash 2023 €2,652
Net result for the year -€13,594
Stocks and contracts +€13,286
Trade debts -€7,499
Tax, wage and social debts -€186
Other debts +€8,340
Cash 2024 €2,998
Every line side by side 26 lines
Line Code 2023 2024 Change %
Total assets 20/58 €16,914 €3,974 -€12,940 -76.5%
Current assets 29/58 €16,914 €3,974 -€12,940 -76.5%
Stocks and contracts in progress 3 €14,261 €976 -€13,286 -93.2%
Stocks 30/36 €14,261 €976 -€13,286 -93.2%
Cash at bank and in hand 54/58 €2,652 €2,998 +€346 +13.0%
Total equity and liabilities 10/49 €16,914 €3,974 -€12,940 -76.5%
Equity 10/15 -€5,552 -€19,145 -€13,594 -244.9%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€10,552 -€24,145 -€13,594 -128.8%
Amounts payable 17/49 €22,465 €23,119 +€654 +2.9%
Amounts payable within one year 42/48 €22,465 €23,119 +€654 +2.9%
Trade debts 44 €7,499 - -€7,499
Suppliers 440/4 €7,499 - -€7,499
Taxes, remuneration and social security 45 €8,135 €7,949 -€186 -2.3%
Taxes 450/3 €3,552 €3,366 -€186 -5.2%
Remuneration and social security 454/9 €4,583 €4,583 = 0.0%
Other amounts payable 47/48 €6,831 €15,171 +€8,340 +122.1%
Turnover 70 €18,390 €7,169 -€11,221 -61.0%
Goods, raw materials, services and sundry goods 60/61 €17,005 €20,610 +€3,605 +21.2%
Gross operating margin 9900 €1,385 -€13,440 -€14,826
Operating profit (loss) 9901 €1,385 -€13,440 -€14,826
Financial charges 65/66B €153 €153 = 0.0%
Recurring financial charges 65 €153 €153 = 0.0%
Profit (loss) for the period before taxes 9903 €1,232 -€13,594 -€14,826
Profit (loss) for the period 9904 €1,232 -€13,594 -€14,826
Profit (loss) for the period to be appropriated 9905 €1,232 -€13,594 -€14,826

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 12 October 2026 via checked.be.