WORLDNET FIBER: 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.
WORLDNET FIBER
Largest movements
- Receivables within one year -€46,520
down €46,520 (-56.7%), from €82,053 to €35,533
of which Trade receivables: -€66,576
- Tangible fixed assets +€23,190
up €23,190 (+23.6%), from €98,203 to €121,393
of which Plant, machinery and equipment: +€44,165
- Trade debts -€43,826
down €43,826 (-27.5%), from €159,210 to €115,384
- Profit (loss) carried forward +€32,436
up €32,436 (+17.0%), from -€190,365 to -€157,928
- Debts after one year -€22,759
down €22,759 (-29.6%), from €76,811 to €54,051
of which Financial debts: -€22,759
- Tax, wage and social debts +€10,268
up €10,268 (+69.7%), from €14,737 to €25,005
- Short-term financial debts -€2,908
down €2,908 (-11.7%), from €24,939 to €22,030
- Gross operating margin +€50,627
up €50,627 (+348%), from €14,562 to €65,188
- Other operating charges -€17,459
down €17,459 (-79.5%), from €21,972 to €4,513
- Financial income +€1,301
up €1,301 (+8,845%), from €15 to €1,316
- Financial charges -€1,137
down €1,137 (-12.4%), from €9,160 to €8,023
of which Financial charges: -€1,137
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.
Derived cash bridge
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 | €180,845 | €156,926 | -€23,918 | -13.2% |
| Fixed assets | 21/28 | €98,203 | €121,393 | +€23,190 | +23.6% |
| Tangible fixed assets | 22/27 | €98,203 | €121,393 | +€23,190 | +23.6% |
| Land and buildings | 22 | €60,039 | €46,697 | -€13,342 | -22.2% |
| Plant, machinery and equipment | 23 | - | €44,165 | +€44,165 | |
| Other tangible fixed assets | 26 | €38,164 | €30,531 | -€7,633 | -20.0% |
| Current assets | 29/58 | €82,641 | €35,533 | -€47,108 | -57.0% |
| Amounts receivable within one year | 40/41 | €82,053 | €35,533 | -€46,520 | -56.7% |
| Trade receivables | 40 | €70,979 | €4,403 | -€66,576 | -93.8% |
| Other amounts receivable | 41 | €11,074 | €31,130 | +€20,056 | +181% |
| Cash at bank and in hand | 54/58 | €589 | - | -€589 | |
| Total equity and liabilities | 10/49 | €180,845 | €156,926 | -€23,918 | -13.2% |
| Equity | 10/15 | -€116,336 | -€83,899 | +€32,436 | +27.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €12,029 | €12,029 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Other | 1319 | - | €6,200 | +€6,200 | |
| Tax-exempt reserves | 132 | €5,829 | €5,829 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,365 | -€157,928 | +€32,436 | +17.0% |
| Amounts payable | 17/49 | €297,180 | €240,826 | -€56,355 | -19.0% |
| Amounts payable after more than one year | 17 | €76,811 | €54,051 | -€22,759 | -29.6% |
| Financial debts | 170/4 | €76,811 | €54,051 | -€22,759 | -29.6% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €220,370 | €186,774 | -€33,595 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €21,484 | €22,759 | +€1,275 | +5.9% |
| Financial debts | 43 | €24,939 | €22,030 | -€2,908 | -11.7% |
| Credit institutions | 430/8 | €24,939 | €22,030 | -€2,908 | -11.7% |
| Trade debts | 44 | €159,210 | €115,384 | -€43,826 | -27.5% |
| Suppliers | 440/4 | €159,210 | €115,384 | -€43,826 | -27.5% |
| Taxes, remuneration and social security | 45 | €14,737 | €25,005 | +€10,268 | +69.7% |
| Taxes | 450/3 | €14,737 | €25,005 | +€10,268 | +69.7% |
| Other amounts payable | 47/48 | - | €1,595 | +€1,595 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,975 | €20,975 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €21,972 | €4,513 | -€17,459 | -79.5% |
| Gross operating margin | 9900 | €14,562 | €65,188 | +€50,627 | +348% |
| Operating profit (loss) | 9901 | -€28,385 | €39,700 | +€68,085 | |
| Financial income | 75/76B | €15 | €1,316 | +€1,301 | +8,845% |
| Recurring financial income | 75 | €15 | €1,316 | +€1,301 | +8,845% |
| Financial charges | 65/66B | €9,160 | €8,023 | -€1,137 | -12.4% |
| Recurring financial charges | 65 | €9,160 | €8,023 | -€1,137 | -12.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€37,530 | €32,993 | +€70,523 | |
| Income taxes | 67/77 | €171 | €556 | +€385 | +224% |
| Profit (loss) for the period | 9904 | -€37,702 | €32,436 | +€70,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,702 | €32,436 | +€70,138 |
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 21 October 2026 via checked.be.