AY WORX: 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.
AY WORX
Largest movements
- Cash +€31,266
up €31,266 (+41.6%), from €75,078 to €106,343
mainly Depreciation (+€22,811) and Receivables within one year (+€14,188)
- Tangible fixed assets -€20,322
down €20,322 (-33.5%), from €60,647 to €40,326
of which Furniture and vehicles: -€11,778
- Receivables within one year -€14,188
down €14,188 (-19.0%), from €74,536 to €60,348
of which Other amounts receivable: -€19,425
- Deferred charges and accrued income -€5,077
no longer reported in 2025 (was €5,077)
- Tax, wage and social debts -€13,559
down €13,559 (-35.2%), from €38,571 to €25,012
- Reserves +€4,981
up €4,981 (+3.0%), from €168,028 to €173,009
- Staff costs +€22,187
up €22,187 (+42.7%), from €51,937 to €74,124
- Gross operating margin -€12,919
down €12,919 (-10.1%), from €128,190 to €115,271
- Taxes -€10,998
down €10,998 (-66.0%), from €16,653 to €5,654
- Other operating charges -€2,122
down €2,122 (-31.8%), from €6,682 to €4,560
- Depreciation -€1,680
down €1,680 (-6.9%), from €24,491 to €22,811
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 | €228,689 | €222,135 | -€6,553 | -2.9% |
| Fixed assets | 21/28 | €62,747 | €42,426 | -€20,322 | -32.4% |
| Tangible fixed assets | 22/27 | €60,647 | €40,326 | -€20,322 | -33.5% |
| Land and buildings | 22 | €5,348 | €5,055 | -€293 | -5.5% |
| Plant, machinery and equipment | 23 | €9,531 | €8,693 | -€838 | -8.8% |
| Furniture and vehicles | 24 | €12,023 | €245 | -€11,778 | -98.0% |
| Other tangible fixed assets | 26 | €33,745 | €26,333 | -€7,412 | -22.0% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €165,942 | €179,710 | +€13,768 | +8.3% |
| Stocks and contracts in progress | 3 | €11,250 | €13,019 | +€1,768 | +15.7% |
| Stocks | 30/36 | €11,250 | €13,019 | +€1,768 | +15.7% |
| Amounts receivable within one year | 40/41 | €74,536 | €60,348 | -€14,188 | -19.0% |
| Trade receivables | 40 | €47,777 | €53,014 | +€5,236 | +11.0% |
| Other amounts receivable | 41 | €26,759 | €7,334 | -€19,425 | -72.6% |
| Cash at bank and in hand | 54/58 | €75,078 | €106,343 | +€31,266 | +41.6% |
| Deferred charges and accrued income | 490/1 | €5,077 | - | -€5,077 | |
| Total equity and liabilities | 10/49 | €228,689 | €222,135 | -€6,553 | -2.9% |
| Equity | 10/15 | €174,228 | €179,209 | +€4,981 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €168,028 | €173,009 | +€4,981 | +3.0% |
| Distributable reserves | 133 | €168,028 | €173,009 | +€4,981 | +3.0% |
| Amounts payable | 17/49 | €54,461 | €42,926 | -€11,535 | -21.2% |
| Amounts payable within one year | 42/48 | €54,461 | €42,926 | -€11,535 | -21.2% |
| Trade debts | 44 | €15,891 | €17,915 | +€2,024 | +12.7% |
| Suppliers | 440/4 | €15,891 | €17,915 | +€2,024 | +12.7% |
| Taxes, remuneration and social security | 45 | €38,571 | €25,012 | -€13,559 | -35.2% |
| Taxes | 450/3 | €38,571 | €25,012 | -€13,559 | -35.2% |
| Remuneration, social security and pensions | 62 | €51,937 | €74,124 | +€22,187 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,491 | €22,811 | -€1,680 | -6.9% |
| Other operating charges | 640/8 | €6,682 | €4,560 | -€2,122 | -31.8% |
| Gross operating margin | 9900 | €128,190 | €115,271 | -€12,919 | -10.1% |
| Operating profit (loss) | 9901 | €45,080 | €13,776 | -€31,304 | -69.4% |
| Financial income | 75/76B | €31 | €1 | -€30 | -97.9% |
| Recurring financial income | 75 | €31 | €1 | -€30 | -97.9% |
| Financial charges | 65/66B | €1,646 | €3,141 | +€1,495 | +90.9% |
| Recurring financial charges | 65 | €1,646 | €3,141 | +€1,495 | +90.9% |
| Profit (loss) for the period before taxes | 9903 | €43,465 | €10,636 | -€32,829 | -75.5% |
| Income taxes | 67/77 | €16,653 | €5,654 | -€10,998 | -66.0% |
| Profit (loss) for the period | 9904 | €26,812 | €4,981 | -€21,831 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,812 | €4,981 | -€21,831 | -81.4% |
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 26 October 2026 via checked.be.