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WorldRemit Belgium: what changed

What changed

WorldRemit Belgium

BE 0718.634.495
NACE 66.199, Other activities auxiliary to financial services, excluding insurance and pension funding
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€93,400
2024 · €293,536-€200,136
Equity
€2.5m
2024 · €2.4m+€93,400
Cash
€2.6m
2024 · €4.7m-€2.1m
Balance sheet total
€8.0m
2024 · €28.5m-€20.4m

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€18.3m

    down €18.3m (-77.2%), from €23.7m to €5.4m

    of which Other amounts receivable: -€16.4m

  • Cash -€2.1m

    down €2.1m (-44.4%), from €4.7m to €2.6m

    mainly Trade debts (-€20.4m) and Accrued charges and deferred income (-€115,334)

Equity and liabilities
  • Trade debts -€20.4m

    down €20.4m (-79.8%), from €25.5m to €5.1m

Income statement
  • Financial charges -€5.3m

    down €5.3m (-99.2%), from €5.3m to €43,077

  • Services and other goods +€3.8m

    up €3.8m (+458%), from €825,732 to €4.6m

  • Turnover -€2.8m

    down €2.8m (-30.1%), from €9.4m to €6.6m

  • Financial income -€1.9m

    down €1.9m (-80.8%), from €2.4m to €452,183

  • Other operating income +€1.8m

    new in 2025: €1.8m

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 €293,536
Turnover -€2.8m
Other operating income +€1.8m
Goods and materials +€1.0m
Services and other goods -€3.8m
Staff costs -€89,532
Provisions +€184,524
Other operating charges +€155,015
Other operating items -€981
Financial income -€1.9m
Financial charges +€5.3m
Taxes -€12,148
Result 2025 €93,400
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€2.1m
Investment €0
Financing €0
Cash 2024 €4.7m
Net result for the year +€93,400
Smaller working-capital items +€24,266
Receivables within one year +€18.3m
Provisions -€55,120
Trade debts -€20.4m
Accrued charges and deferred income -€115,334
Cash 2025 €2.6m
brings cash intakes cash out
Every line side by side 54 lines
Line Code 2024 2025 Change %
Total assets 20/58 €28,464,598 €8,040,356 -€20.4m -71.8%
Current assets 29/58 €28,464,598 €8,040,356 -€20.4m -71.8%
Amounts receivable after more than one year 29 €4,947 €3,700 -€1,247 -25.2%
Other amounts receivable 291 €4,947 €3,700 -€1,247 -25.2%
Stocks and contracts in progress 3 €0 €0 =
Amounts receivable within one year 40/41 €23,746,269 €5,417,419 -€18.3m -77.2%
Trade receivables 40 €4,335,675 €2,377,514 -€2.0m -45.2%
Other amounts receivable 41 €19,410,594 €3,039,905 -€16.4m -84.3%
Cash at bank and in hand 54/58 €4,713,382 €2,619,237 -€2.1m -44.4%
Total equity and liabilities 10/49 €28,464,598 €8,040,356 -€20.4m -71.8%
Equity 10/15 €2,416,002 €2,509,402 +€93,400 +3.9%
Contributions 10/11 €1,881,100 €1,881,100 = 0.0%
Capital 10 €1,881,100 €1,881,100 = 0.0%
Issued capital 100 €1,881,100 €1,881,100 = 0.0%
Reserves 13 €26,745 €31,415 +€4,670 +17.5%
Non-distributable reserves 130/1 €26,745 €31,415 +€4,670 +17.5%
Legal reserve 130 €26,745 €31,415 +€4,670 +17.5%
Profit (loss) carried forward 14 €508,157 €596,886 +€88,730 +17.5%
Provisions and deferred taxes 16 €193,496 €138,377 -€55,120 -28.5%
Provisions for liabilities and charges 160/5 €193,496 €138,377 -€55,120 -28.5%
Other liabilities and charges 164/5 €193,496 €138,377 -€55,120 -28.5%
Amounts payable 17/49 €25,855,100 €5,392,577 -€20.5m -79.1%
Amounts payable within one year 42/48 €25,624,690 €5,277,502 -€20.3m -79.4%
Trade debts 44 €25,514,930 €5,144,722 -€20.4m -79.8%
Suppliers 440/4 €25,514,930 €5,144,722 -€20.4m -79.8%
Taxes, remuneration and social security 45 €109,761 €132,780 +€23,019 +21.0%
Taxes 450/3 €101,381 €0 -€101,381 -100%
Remuneration and social security 454/9 €8,380 €132,780 +€124,400 +1,484%
Accrued charges and deferred income 492/3 €230,410 €115,076 -€115,334 -50.1%
Operating income 70/76A €9,375,908 €8,313,337 -€1.1m -11.3%
Turnover 70 €9,375,908 €6,558,006 -€2.8m -30.1%
Other operating income 74 - €1,755,331 +€1.8m
Operating charges 60/66A €6,015,828 €8,509,566 +€2.5m +41.5%
Goods for resale, raw materials and consumables 60 €3,804,300 €2,767,842 -€1.0m -27.2%
Purchases 600/8 €3,804,300 €2,767,842 -€1.0m -27.2%
Services and other goods 61 €825,732 €4,604,953 +€3.8m +458%
Remuneration, social security and pensions 62 €859,718 €949,250 +€89,532 +10.4%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 €362,395 €177,871 -€184,524 -50.9%
Other operating charges 640/8 €163,683 €8,668 -€155,015 -94.7%
Non-recurring operating charges 66A - €981 +€981
Operating profit (loss) 9901 €3,360,080 -€196,228 -€3.6m
Financial income 75/76B €2,359,943 €452,183 -€1.9m -80.8%
Recurring financial income 75 €2,359,943 €452,183 -€1.9m -80.8%
Income from current assets 751 - €1,126 +€1,126
Other financial income 752/9 €2,359,943 €451,057 -€1.9m -80.9%
Financial charges 65/66B €5,319,158 €43,077 -€5.3m -99.2%
Recurring financial charges 65 €5,319,158 €43,077 -€5.3m -99.2%
Debt charges 650 €1 €43 +€42 +6,234%
Other financial charges 652/9 €5,319,158 €43,034 -€5.3m -99.2%
Profit (loss) for the period before taxes 9903 €400,865 €212,877 -€187,988 -46.9%
Income taxes 67/77 €107,329 €119,477 +€12,148 +11.3%
Taxes 670/3 €107,329 €119,477 +€12,148 +11.3%
Profit (loss) for the period 9904 €293,536 €93,400 -€200,136 -68.2%
Profit (loss) for the period to be appropriated 9905 €293,536 €93,400 -€200,136 -68.2%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.