3P@WORK: 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.
3P@WORK
Largest movements
- Receivables within one year +€31,257
up €31,257 (+171%), from €18,300 to €49,558
of which Trade receivables: +€18,289
- Cash +€16,857
up €16,857 (+20.9%), from €80,647 to €97,504
mainly Net result for the year (+€157,404) and Debts after one year (+€45,662)
- Tangible fixed assets -€13,719
down €13,719 (-9.8%), from €139,570 to €125,851
of which Land and buildings: -€12,776
- Deferred charges and accrued income +€10,990
up €10,990 (+621%), from €1,769 to €12,759
- Debts after one year +€45,662
up €45,662 (+45.8%), from €99,695 to €145,357
- Other debts -€42,726
down €42,726 (-100%), from €42,726 to €0
- Profit (loss) carried forward -€37,596
down €37,596 (-94.3%), from €39,886 to €2,290
- Tax, wage and social debts +€33,860
up €33,860 (+280%), from €12,077 to €45,938
of which Taxes: +€36,391
- Advances received +€22,058
new in 2025: €22,058
- Gross operating margin +€144,796
up €144,796 (+181%), from €80,078 to €224,874
- Taxes +€35,185
up €35,185 (+279%), from €12,618 to €47,802
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,286 | €285,672 | +€45,385 | +18.9% |
| Fixed assets | 21/28 | €139,570 | €125,851 | -€13,719 | -9.8% |
| Tangible fixed assets | 22/27 | €139,570 | €125,851 | -€13,719 | -9.8% |
| Land and buildings | 22 | €137,864 | €125,089 | -€12,776 | -9.3% |
| Plant, machinery and equipment | 23 | €639 | €443 | -€196 | -30.7% |
| Furniture and vehicles | 24 | €1,066 | €319 | -€747 | -70.0% |
| Current assets | 29/58 | €100,717 | €159,821 | +€59,104 | +58.7% |
| Amounts receivable within one year | 40/41 | €18,300 | €49,558 | +€31,257 | +171% |
| Trade receivables | 40 | €18,300 | €36,590 | +€18,289 | +99.9% |
| Other amounts receivable | 41 | €0 | €12,968 | +€12,968 | |
| Cash at bank and in hand | 54/58 | €80,647 | €97,504 | +€16,857 | +20.9% |
| Deferred charges and accrued income | 490/1 | €1,769 | €12,759 | +€10,990 | +621% |
| Total equity and liabilities | 10/49 | €240,286 | €285,672 | +€45,385 | +18.9% |
| Equity | 10/15 | €60,346 | €22,750 | -€37,596 | -62.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,886 | €2,290 | -€37,596 | -94.3% |
| Amounts payable | 17/49 | €179,940 | €262,922 | +€82,982 | +46.1% |
| Amounts payable after more than one year | 17 | €99,695 | €145,357 | +€45,662 | +45.8% |
| Financial debts | 170/4 | €99,695 | €145,357 | +€45,662 | +45.8% |
| Amounts payable within one year | 42/48 | €80,112 | €117,448 | +€37,335 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | €17,690 | €32,845 | +€15,155 | +85.7% |
| Trade debts | 44 | €7,619 | €16,606 | +€8,987 | +118% |
| Suppliers | 440/4 | €7,619 | €16,606 | +€8,987 | +118% |
| Advances received on contracts in progress | 46 | - | €22,058 | +€22,058 | |
| Taxes, remuneration and social security | 45 | €12,077 | €45,938 | +€33,860 | +280% |
| Taxes | 450/3 | €9,547 | €45,938 | +€36,391 | +381% |
| Remuneration and social security | 454/9 | €2,530 | €0 | -€2,530 | -100% |
| Other amounts payable | 47/48 | €42,726 | €0 | -€42,726 | -100% |
| Accrued charges and deferred income | 492/3 | €133 | €117 | -€16 | -12.1% |
| Remuneration, social security and pensions | 62 | €1,093 | -€235 | -€1,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,726 | €13,719 | -€8 | -0.1% |
| Other operating charges | 640/8 | €1,284 | €862 | -€421 | -32.8% |
| Gross operating margin | 9900 | €80,078 | €224,874 | +€144,796 | +181% |
| Operating profit (loss) | 9901 | €63,975 | €210,528 | +€146,553 | +229% |
| Financial income | 75/76B | €179 | €870 | +€691 | +386% |
| Recurring financial income | 75 | €179 | €870 | +€691 | +386% |
| Financial charges | 65/66B | €4,272 | €6,192 | +€1,920 | +44.9% |
| Recurring financial charges | 65 | €4,272 | €6,192 | +€1,920 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €59,882 | €205,206 | +€145,324 | +243% |
| Income taxes | 67/77 | €12,618 | €47,802 | +€35,185 | +279% |
| Profit (loss) for the period | 9904 | €47,264 | €157,404 | +€110,139 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €47,264 | €157,404 | +€110,139 | +233% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.