ABWorkx: 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.
ABWorkx
Largest movements
- Tangible fixed assets -€385
down €385 (-40.6%), from €949 to €564
of which Plant, machinery and equipment: -€385
- Intangible fixed assets -€300
down €300 (-50.0%), from €600 to €300
- Receivables within one year -€265
down €265 (-52.5%), from €505 to €240
- Cash -€259
down €259 (-62.6%), from €413 to €155
mainly Net result for the year (-€1,258) and Tax, wage and social debts (-€24)
- Profit (loss) carried forward -€1,258
down €1,258 (-9.3%), from -€13,537 to -€14,795
- Trade debts +€74
up €74 (+113%), from €65 to €139
- Gross operating margin -€623
down €623, from €444 to -€179
- Other operating charges +€394
new in 2024: €394
- Taxes -€117
no longer reported in 2024 (was €117)
- Financial charges -€100
no longer reported in 2024 (was €100)
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.
Derived cash bridge
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 | €2,467 | €1,258 | -€1,208 | -49.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,548 | €864 | -€685 | -44.2% |
| Intangible fixed assets | 21 | €600 | €300 | -€300 | -50.0% |
| Tangible fixed assets | 22/27 | €949 | €564 | -€385 | -40.6% |
| Plant, machinery and equipment | 23 | €949 | €564 | -€385 | -40.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €918 | €395 | -€523 | -57.0% |
| Amounts receivable within one year | 40/41 | €505 | €240 | -€265 | -52.5% |
| Other amounts receivable | 41 | €505 | €240 | -€265 | -52.5% |
| Cash at bank and in hand | 54/58 | €413 | €155 | -€259 | -62.6% |
| Total equity and liabilities | 10/49 | €2,467 | €1,258 | -€1,208 | -49.0% |
| Equity | 10/15 | €1,904 | €646 | -€1,258 | -66.1% |
| Contributions | 10/11 | €11,363 | €11,363 | = | 0.0% |
| Reserves | 13 | €4,079 | €4,079 | = | 0.0% |
| Distributable reserves | 133 | €4,079 | €4,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,537 | -€14,795 | -€1,258 | -9.3% |
| Amounts payable | 17/49 | €562 | €612 | +€50 | +8.8% |
| Amounts payable within one year | 42/48 | €562 | €612 | +€50 | +8.8% |
| Trade debts | 44 | €65 | €139 | +€74 | +113% |
| Suppliers | 440/4 | €65 | €139 | +€74 | +113% |
| Taxes, remuneration and social security | 45 | €285 | €261 | -€24 | -8.5% |
| Taxes | 450/3 | €285 | €261 | -€24 | -8.5% |
| Other amounts payable | 47/48 | €212 | €212 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | €685 | = | 0.0% |
| Other operating charges | 640/8 | - | €394 | +€394 | |
| Gross operating margin | 9900 | €444 | -€179 | -€623 | |
| Operating profit (loss) | 9901 | -€241 | -€1,258 | -€1,017 | -422% |
| Financial charges | 65/66B | €100 | - | -€100 | |
| Recurring financial charges | 65 | €100 | - | -€100 | |
| Profit (loss) for the period before taxes | 9903 | -€341 | -€1,258 | -€917 | -269% |
| Income taxes | 67/77 | €117 | - | -€117 | |
| Profit (loss) for the period | 9904 | -€458 | -€1,258 | -€800 | -175% |
| Profit (loss) for the period to be appropriated | 9905 | -€458 | -€1,258 | -€800 | -175% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.