AT WORK FOR YOU: 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.
What changed
AT WORK FOR YOU
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,050
2024 · €9,266-€6,217
Equity
€451,390
2024 · €448,341+€3,050
Cash
€10,119
2024 · €17,419-€7,300
Balance sheet total
€1.4m
2024 · €1.4m-€51,800
Largest movements
Assets
- Tangible fixed assets -€57,470
down €57,470 (-4.3%), from €1.3m to €1.3m
of which Land and buildings: -€62,139
- Stocks and contracts +€18,849
up €18,849 (+45.1%), from €41,805 to €60,654
Equity and liabilities
- Debts after one year -€59,702
down €59,702 (-21.3%), from €280,147 to €220,445
- Other debts +€39,559
up €39,559 (+8.7%), from €456,168 to €495,727
- Trade debts -€29,913
down €29,913 (-48.2%), from €62,117 to €32,204
Income statement
- Staff costs +€27,162
up €27,162 (+40.6%), from €66,884 to €94,046
- Gross operating margin +€18,552
up €18,552 (+8.5%), from €218,917 to €237,469
- Financial charges -€6,210
down €6,210 (-16.1%), from €38,554 to €32,345
- Depreciation +€2,600
up €2,600 (+3.0%), from €87,515 to €90,115
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.
Result 2024
€9,266
Gross operating margin
+€18,552
Staff costs
-€27,162
Depreciation
-€2,600
Other operating charges
-€344
Financial income
+€0
Financial charges
+€6,210
Taxes
-€873
Result 2025
€3,050
raises the resultlowers the result
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.
From operations
+€89,313
Investment
-€32,644
Financing
-€63,969
Cash 2024
€17,419
From operations (derived)
+€89,313
Net result for the year
+€3,050
Depreciation
+€90,115
Stocks and contracts
-€18,849
Receivables within one year
+€5,878
Trade debts
-€29,913
Tax, wage and social debts
+€2,878
Other debts
+€39,559
Accrued charges and deferred income
-€3,404
Investment (derived)
-€32,644
Investment in fixed assets (net)
-€32,644
Financing
-€63,969
Debts after one year
-€59,702
Current portion of long-term debt
+€2,247
Short-term financial debts
-€6,514
Cash 2025
€10,119
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,429,413 | €1,377,613 | -€51,800 | -3.6% |
| Fixed assets | 21/28 | €1,350,297 | €1,292,827 | -€57,470 | -4.3% |
| Tangible fixed assets | 22/27 | €1,349,519 | €1,292,048 | -€57,470 | -4.3% |
| Land and buildings | 22 | €1,295,858 | €1,233,719 | -€62,139 | -4.8% |
| Plant, machinery and equipment | 23 | €41,785 | €45,059 | +€3,274 | +7.8% |
| Furniture and vehicles | 24 | €11,876 | €13,271 | +€1,395 | +11.7% |
| Financial fixed assets | 28 | €778 | €778 | = | 0.0% |
| Current assets | 29/58 | €79,116 | €84,787 | +€5,670 | +7.2% |
| Stocks and contracts in progress | 3 | €41,805 | €60,654 | +€18,849 | +45.1% |
| Stocks | 30/36 | €41,805 | €60,654 | +€18,849 | +45.1% |
| Amounts receivable within one year | 40/41 | €19,892 | €14,013 | -€5,878 | -29.6% |
| Trade receivables | 40 | €19,524 | €13,646 | -€5,878 | -30.1% |
| Other amounts receivable | 41 | €368 | €368 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,419 | €10,119 | -€7,300 | -41.9% |
| Total equity and liabilities | 10/49 | €1,429,413 | €1,377,613 | -€51,800 | -3.6% |
| Equity | 10/15 | €448,341 | €451,390 | +€3,050 | +0.7% |
| Contributions | 10/11 | €358,600 | €358,600 | = | 0.0% |
| Reserves | 13 | €9,719 | €9,719 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,719 | €9,719 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,719 | €9,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,022 | €83,072 | +€3,050 | +3.8% |
| Amounts payable | 17/49 | €981,073 | €926,223 | -€54,850 | -5.6% |
| Amounts payable after more than one year | 17 | €280,147 | €220,445 | -€59,702 | -21.3% |
| Financial debts | 170/4 | €280,147 | €220,445 | -€59,702 | -21.3% |
| Amounts payable within one year | 42/48 | €697,522 | €705,778 | +€8,256 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €57,452 | €59,699 | +€2,247 | +3.9% |
| Financial debts | 43 | €98,006 | €91,492 | -€6,514 | -6.6% |
| Credit institutions | 430/8 | €98,006 | €91,492 | -€6,514 | -6.6% |
| Trade debts | 44 | €62,117 | €32,204 | -€29,913 | -48.2% |
| Suppliers | 440/4 | €62,117 | €32,204 | -€29,913 | -48.2% |
| Taxes, remuneration and social security | 45 | €23,779 | €26,657 | +€2,878 | +12.1% |
| Taxes | 450/3 | €20,897 | €18,414 | -€2,484 | -11.9% |
| Remuneration and social security | 454/9 | €2,882 | €8,243 | +€5,361 | +186% |
| Other amounts payable | 47/48 | €456,168 | €495,727 | +€39,559 | +8.7% |
| Accrued charges and deferred income | 492/3 | €3,404 | - | -€3,404 | |
| Remuneration, social security and pensions | 62 | €66,884 | €94,046 | +€27,162 | +40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,515 | €90,115 | +€2,600 | +3.0% |
| Other operating charges | 640/8 | €10,847 | €11,191 | +€344 | +3.2% |
| Gross operating margin | 9900 | €218,917 | €237,469 | +€18,552 | +8.5% |
| Operating profit (loss) | 9901 | €53,671 | €42,118 | -€11,553 | -21.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €38,554 | €32,345 | -€6,210 | -16.1% |
| Recurring financial charges | 65 | €38,554 | €32,345 | -€6,210 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €15,116 | €9,773 | -€5,343 | -35.3% |
| Income taxes | 67/77 | €5,850 | €6,724 | +€873 | +14.9% |
| Profit (loss) for the period | 9904 | €9,266 | €3,050 | -€6,217 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,266 | €3,050 | -€6,217 | -67.1% |
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 27 October 2026 via checked.be.