ADMINWORX: 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.
ADMINWORX
Largest movements
- Receivables within one year +€22,524
up €22,524 (+84.8%), from €26,560 to €49,084
of which Other amounts receivable: +€25,180
- Cash -€6,388
down €6,388 (-48.7%), from €13,122 to €6,734
mainly Receivables within one year (-€22,524) and Trade debts (-€10,797)
- Stocks and contracts +€4,411
up €4,411 (+157.8%), from €2,795 to €7,206
- Financial fixed assets -€1,500
down €1,500 (-60.0%), from €2,500 to €1,000
- Debts after one year +€12,135
new in 2024: €12,135
- Trade debts -€10,797
down €10,797 (-83.5%), from €12,937 to €2,140
- Profit (loss) carried forward +€9,836
no longer reported in 2024 (was -€9,836)
- Other debts -€6,383
down €6,383 (-39.0%), from €16,383 to €10,000
- Tax, wage and social debts +€5,943
up €5,943 (+53.5%), from €11,103 to €17,046
of which Taxes: +€5,938
- Gross operating margin -€25,548
down €25,548 (-46.8%), from €54,595 to €29,047
- Taxes +€4,307
up €4,307 (+77.1%), from €5,585 to €9,892
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 | €45,587 | €64,431 | +€18,844 | +41.3% |
| Formation expenses | 20 | €610 | €407 | -€203 | -33.3% |
| Fixed assets | 21/28 | €2,500 | €1,000 | -€1,500 | -60.0% |
| Financial fixed assets | 28 | €2,500 | €1,000 | -€1,500 | -60.0% |
| Current assets | 29/58 | €42,477 | €63,024 | +€20,547 | +48.4% |
| Stocks and contracts in progress | 3 | €2,795 | €7,206 | +€4,411 | +157.8% |
| Stocks | 30/36 | €2,795 | €7,206 | +€4,411 | +157.8% |
| Amounts receivable within one year | 40/41 | €26,560 | €49,084 | +€22,524 | +84.8% |
| Trade receivables | 40 | €8,819 | €6,163 | -€2,656 | -30.1% |
| Other amounts receivable | 41 | €17,741 | €42,921 | +€25,180 | +141.9% |
| Cash at bank and in hand | 54/58 | €13,122 | €6,734 | -€6,388 | -48.7% |
| Total equity and liabilities | 10/49 | €45,587 | €64,431 | +€18,844 | +41.3% |
| Equity | 10/15 | €5,164 | €20,634 | +€15,470 | +299.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €5,634 | +€5,634 | |
| Distributable reserves | 133 | - | €5,634 | +€5,634 | |
| Profit (loss) carried forward | 14 | -€9,836 | - | +€9,836 | |
| Amounts payable | 17/49 | €40,423 | €43,797 | +€3,374 | +8.3% |
| Amounts payable after more than one year | 17 | - | €12,135 | +€12,135 | |
| Financial debts | 170/4 | - | €12,135 | +€12,135 | |
| Amounts payable within one year | 42/48 | €40,423 | €31,662 | -€8,761 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | - | €2,476 | +€2,476 | |
| Trade debts | 44 | €12,937 | €2,140 | -€10,797 | -83.5% |
| Suppliers | 440/4 | €12,937 | €2,140 | -€10,797 | -83.5% |
| Taxes, remuneration and social security | 45 | €11,103 | €17,046 | +€5,943 | +53.5% |
| Taxes | 450/3 | €11,103 | €17,041 | +€5,938 | +53.5% |
| Remuneration and social security | 454/9 | - | €5 | +€5 | |
| Other amounts payable | 47/48 | €16,383 | €10,000 | -€6,383 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203 | €203 | +€0 | +0.2% |
| Other operating charges | 640/8 | €1,892 | €2,242 | +€350 | +18.5% |
| Gross operating margin | 9900 | €54,595 | €29,047 | -€25,548 | -46.8% |
| Operating profit (loss) | 9901 | €52,500 | €26,603 | -€25,897 | -49.3% |
| Financial income | 75/76B | €327 | €22 | -€306 | -93.4% |
| Recurring financial income | 75 | €327 | €22 | -€306 | -93.4% |
| Financial charges | 65/66B | €759 | €1,263 | +€504 | +66.4% |
| Recurring financial charges | 65 | €759 | €1,263 | +€504 | +66.4% |
| Profit (loss) for the period before taxes | 9903 | €52,068 | €25,361 | -€26,707 | -51.3% |
| Income taxes | 67/77 | €5,585 | €9,892 | +€4,307 | +77.1% |
| Profit (loss) for the period | 9904 | €46,483 | €15,469 | -€31,014 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,483 | €15,469 | -€31,014 | -66.7% |
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 6 October 2026 via checked.be.