WREEZ: what changed
Two fiscal 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.
WREEZ
Largest movements
- Tangible fixed assets -€8,266
down €8,266 (-52.2%), from €15,826 to €7,560
- Receivables within one year -€6,319
down €6,319 (-68.3%), from €9,256 to €2,936
- Cash -€3,774
down €3,774 (-59.0%), from €6,401 to €2,627
mainly Net result for the year (-€42,247) and Trade debts (-€26,272)
- Profit (loss) carried forward -€42,247
down €42,247 (-38.3%), from -€110,208 to -€152,455
- Other debts +€36,752
new in 2024: €36,752
- Trade debts -€26,272
down €26,272 (-15.4%), from €170,625 to €144,353
- Tax, wage and social debts +€13,408
up €13,408 (+43.0%), from €31,206 to €44,614
of which Remuneration and social security: +€10,550
- Purchases and services -€180,246
no longer reported in 2024 (was €180,246)
- Turnover -€155,093
no longer reported in 2024 (was €155,093)
- Staff costs +€17,084
new in 2024: €17,084
- Gross operating margin +€5,098
up €5,098 (+23.6%), from -€21,578 to -€16,480
- Depreciation +€4,266
up €4,266 (+106.7%), from €4,000 to €8,266
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.
Cash bridge derived
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 | €149,086 | €130,727 | -€18,359 | -12.3% |
| Fixed assets | 21/28 | €25,826 | €17,560 | -€8,266 | -32.0% |
| Tangible fixed assets | 22/27 | €15,826 | €7,560 | -€8,266 | -52.2% |
| Furniture and vehicles | 24 | €15,826 | €7,560 | -€8,266 | -52.2% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €123,261 | €113,167 | -€10,093 | -8.2% |
| Stocks and contracts in progress | 3 | €107,604 | €107,604 | = | 0.0% |
| Stocks | 30/36 | €107,604 | €107,604 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,256 | €2,936 | -€6,319 | -68.3% |
| Trade receivables | 40 | €9,256 | €2,936 | -€6,319 | -68.3% |
| Cash at bank and in hand | 54/58 | €6,401 | €2,627 | -€3,774 | -59.0% |
| Total equity and liabilities | 10/49 | €149,086 | €130,727 | -€18,359 | -12.3% |
| Equity | 10/15 | -€52,744 | -€94,992 | -€42,247 | -80.1% |
| Contributions | 10/11 | €57,463 | €57,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,208 | -€152,455 | -€42,247 | -38.3% |
| Amounts payable | 17/49 | €201,831 | €225,719 | +€23,888 | +11.8% |
| Amounts payable within one year | 42/48 | €201,831 | €225,719 | +€23,888 | +11.8% |
| Trade debts | 44 | €170,625 | €144,353 | -€26,272 | -15.4% |
| Suppliers | 440/4 | €170,625 | €144,353 | -€26,272 | -15.4% |
| Taxes, remuneration and social security | 45 | €31,206 | €44,614 | +€13,408 | +43.0% |
| Taxes | 450/3 | €27,006 | €29,864 | +€2,858 | +10.6% |
| Remuneration and social security | 454/9 | €4,200 | €14,750 | +€10,550 | +251.2% |
| Other amounts payable | 47/48 | - | €36,752 | +€36,752 | |
| Turnover | 70 | €155,093 | - | -€155,093 | |
| Non-recurring operating income | 76A | €3,576 | - | -€3,576 | |
| Goods, raw materials, services and sundry goods | 60/61 | €180,246 | - | -€180,246 | |
| Remuneration, social security and pensions | 62 | - | €17,084 | +€17,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €8,266 | +€4,266 | +106.7% |
| Other operating charges | 640/8 | €735 | €76 | -€659 | -89.6% |
| Gross operating margin | 9900 | -€21,578 | -€16,480 | +€5,098 | +23.6% |
| Operating profit (loss) | 9901 | -€26,312 | -€41,905 | -€15,593 | -59.3% |
| Financial charges | 65/66B | €639 | €342 | -€297 | -46.5% |
| Recurring financial charges | 65 | €639 | €342 | -€297 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,951 | -€42,247 | -€15,296 | -56.8% |
| Profit (loss) for the period | 9904 | -€26,951 | -€42,247 | -€15,296 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,951 | -€42,247 | -€15,296 | -56.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.