ADMIN@WORK: 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.
ADMIN@WORK
Largest movements
- Cash +€27,302
up €27,302 (+101.1%), from €27,008 to €54,310
mainly Net result for the year (+€19,231) and Receivables within one year (+€8,855)
- Receivables within one year -€8,855
down €8,855 (-16.4%), from €53,991 to €45,136
of which Trade receivables: -€6,849
- Reserves +€19,231
up €19,231 (+27.2%), from €70,626 to €89,857
- Current portion of long-term debt -€2,197
down €2,197 (-100.0%), from €2,197 to €0
- Trade debts +€1,234
up €1,234 (+109.2%), from €1,130 to €2,364
- Gross operating margin +€6,795
up €6,795 (+29.2%), from €23,259 to €30,054
- Taxes +€2,143
up €2,143 (+35.9%), from €5,965 to €8,108
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.
Cash bridge derived
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 | €85,705 | €104,361 | +€18,656 | +21.8% |
| Fixed assets | 21/28 | €3,395 | €2,956 | -€439 | -12.9% |
| Tangible fixed assets | 22/27 | €3,395 | €2,956 | -€439 | -12.9% |
| Furniture and vehicles | 24 | €3,395 | €2,956 | -€439 | -12.9% |
| Current assets | 29/58 | €82,310 | €101,405 | +€19,095 | +23.2% |
| Amounts receivable within one year | 40/41 | €53,991 | €45,136 | -€8,855 | -16.4% |
| Trade receivables | 40 | €41,985 | €35,136 | -€6,849 | -16.3% |
| Other amounts receivable | 41 | €12,006 | €10,000 | -€2,006 | -16.7% |
| Cash at bank and in hand | 54/58 | €27,008 | €54,310 | +€27,302 | +101.1% |
| Deferred charges and accrued income | 490/1 | €1,311 | €1,959 | +€649 | +49.5% |
| Total equity and liabilities | 10/49 | €85,705 | €104,361 | +€18,656 | +21.8% |
| Equity | 10/15 | €74,626 | €93,857 | +€19,231 | +25.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €70,626 | €89,857 | +€19,231 | +27.2% |
| Distributable reserves | 133 | €70,626 | €89,857 | +€19,231 | +27.2% |
| Amounts payable | 17/49 | €11,079 | €10,504 | -€575 | -5.2% |
| Amounts payable within one year | 42/48 | €10,961 | €10,490 | -€471 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €2,197 | €0 | -€2,197 | -100.0% |
| Trade debts | 44 | €1,130 | €2,364 | +€1,234 | +109.2% |
| Suppliers | 440/4 | €1,130 | €2,364 | +€1,234 | +109.2% |
| Taxes, remuneration and social security | 45 | €5,792 | €6,352 | +€560 | +9.7% |
| Taxes | 450/3 | €5,792 | €6,352 | +€560 | +9.7% |
| Other amounts payable | 47/48 | €1,841 | €1,774 | -€67 | -3.7% |
| Accrued charges and deferred income | 492/3 | €118 | €14 | -€105 | -88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,213 | €1,513 | +€299 | +24.7% |
| Other operating charges | 640/8 | €853 | €816 | -€37 | -4.3% |
| Gross operating margin | 9900 | €23,259 | €30,054 | +€6,795 | +29.2% |
| Operating profit (loss) | 9901 | €21,193 | €27,725 | +€6,533 | +30.8% |
| Financial income | 75/76B | €63 | €0 | -€63 | -100.0% |
| Recurring financial income | 75 | €63 | €0 | -€63 | -100.0% |
| Financial charges | 65/66B | €588 | €386 | -€202 | -34.4% |
| Recurring financial charges | 65 | €588 | €386 | -€202 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €20,667 | €27,339 | +€6,672 | +32.3% |
| Income taxes | 67/77 | €5,965 | €8,108 | +€2,143 | +35.9% |
| Profit (loss) for the period | 9904 | €14,703 | €19,231 | +€4,529 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,703 | €19,231 | +€4,529 | +30.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.