WorldRemit Belgium: what changed
WorldRemit Belgium
Largest movements
- 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)
- Trade debts -€20.4m
down €20.4m (-79.8%), from €25.5m to €5.1m
- 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
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| 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% |
Next steps
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.