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WWTex: 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.

What changed

WWTex

BE 0505.922.207
NACE 73.300, Public relations and communication consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€80,603
2023 · €26,244+€54,360
Equity
€153,363
2023 · €272,760-€119,397
Cash
€6,635
2023 · €1,201+€5,434
Balance sheet total
€623,956
2023 · €637,286-€13,330

Largest movements

2023 to 2024
Assets
  • Financial fixed assets -€25,000

    down €25,000 (-100.0%), from €25,000 to €0

  • Receivables within one year +€19,461

    up €19,461 (+6.9%), from €281,166 to €300,628

    of which Other amounts receivable: +€47,574

  • Tangible fixed assets -€12,686

    down €12,686 (-3.9%), from €329,380 to €316,694

    of which Land and buildings: -€8,981

Equity and liabilities
  • Other debts +€139,148

    up €139,148 (+173.9%), from €80,000 to €219,148

  • Reserves -€119,397

    down €119,397 (-44.8%), from €266,250 to €146,853

  • Debts after one year -€42,824

    down €42,824 (-18.5%), from €231,052 to €188,228

  • Tax, wage and social debts +€16,321

    up €16,321 (+67.8%), from €24,078 to €40,399

Income statement
  • Gross operating margin +€77,099

    up €77,099 (+157.1%), from €49,073 to €126,173

  • Taxes +€19,730

    up €19,730 (+217.2%), from €9,086 to €28,816

  • Financial income -€5,175

    down €5,175 (-72.1%), from €7,175 to €2,000

  • Other operating charges -€1,815

    down €1,815 (-51.5%), from €3,520 to €1,706

  • Financial charges -€1,274

    down €1,274 (-22.6%), from €5,635 to €4,361

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 €26,244
Gross operating margin +€77,099
Depreciation -€922
Other operating charges +€1,815
Financial income -€5,175
Financial charges +€1,274
Taxes -€19,730
Result 2024 €80,603

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 +€224,416
Investment +€25,000
Financing -€243,982
Cash 2023 €1,201
Net result for the year +€80,603
Depreciation +€12,686
Receivables within one year -€19,461
Deferred charges and accrued income +€539
Trade debts -€5,381
Tax, wage and social debts +€16,321
Other debts +€139,148
Accrued charges and deferred income -€38
Investment in fixed assets (net) +€25,000
Debts after one year -€42,824
Current portion of long-term debt -€1,158
Contributions, distributions and other -€200,000
Cash 2024 €6,635
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €637,286 €623,956 -€13,330 -2.1%
Fixed assets 21/28 €354,380 €316,694 -€37,686 -10.6%
Tangible fixed assets 22/27 €329,380 €316,694 -€12,686 -3.9%
Land and buildings 22 €317,721 €308,741 -€8,981 -2.8%
Furniture and vehicles 24 €11,658 €7,953 -€3,705 -31.8%
Financial fixed assets 28 €25,000 €0 -€25,000 -100.0%
Current assets 29/58 €282,906 €307,262 +€24,356 +8.6%
Amounts receivable within one year 40/41 €281,166 €300,628 +€19,461 +6.9%
Trade receivables 40 €29,967 €1,854 -€28,113 -93.8%
Other amounts receivable 41 €251,199 €298,774 +€47,574 +18.9%
Cash at bank and in hand 54/58 €1,201 €6,635 +€5,434 +452.6%
Deferred charges and accrued income 490/1 €539 €0 -€539 -100.0%
Total equity and liabilities 10/49 €637,286 €623,956 -€13,330 -2.1%
Equity 10/15 €272,760 €153,363 -€119,397 -43.8%
Contributions 10/11 €6,510 €6,510 = 0.0%
Reserves 13 €266,250 €146,853 -€119,397 -44.8%
Distributable reserves 133 €266,250 €146,853 -€119,397 -44.8%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €364,526 €470,593 +€106,067 +29.1%
Amounts payable after more than one year 17 €231,052 €188,228 -€42,824 -18.5%
Financial debts 170/4 €231,052 €188,228 -€42,824 -18.5%
Amounts payable within one year 42/48 €131,680 €280,609 +€148,929 +113.1%
Current portion of amounts payable after more than one year 42 €18,982 €17,824 -€1,158 -6.1%
Trade debts 44 €8,620 €3,238 -€5,381 -62.4%
Suppliers 440/4 €8,620 €3,238 -€5,381 -62.4%
Taxes, remuneration and social security 45 €24,078 €40,399 +€16,321 +67.8%
Taxes 450/3 €24,078 €40,399 +€16,321 +67.8%
Other amounts payable 47/48 €80,000 €219,148 +€139,148 +173.9%
Accrued charges and deferred income 492/3 €1,794 €1,756 -€38 -2.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,764 €12,686 +€922 +7.8%
Other operating charges 640/8 €3,520 €1,706 -€1,815 -51.5%
Gross operating margin 9900 €49,073 €126,173 +€77,099 +157.1%
Operating profit (loss) 9901 €33,789 €111,781 +€77,992 +230.8%
Financial income 75/76B €7,175 €2,000 -€5,175 -72.1%
Recurring financial income 75 €7,175 €2,000 -€5,175 -72.1%
Financial charges 65/66B €5,635 €4,361 -€1,274 -22.6%
Recurring financial charges 65 €5,635 €4,361 -€1,274 -22.6%
Profit (loss) for the period before taxes 9903 €35,329 €109,419 +€74,090 +209.7%
Income taxes 67/77 €9,086 €28,816 +€19,730 +217.2%
Profit (loss) for the period 9904 €26,244 €80,603 +€54,360 +207.1%
Profit (loss) for the period to be appropriated 9905 €26,244 €80,603 +€54,360 +207.1%

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 30 September 2026 via checked.be.