C-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.
C-Worx
Largest movements
- Tangible fixed assets -€11,144
down €11,144 (-23.8%), from €46,905 to €35,761
of which Furniture and vehicles: -€11,638
- Receivables within one year -€9,105
down €9,105 (-23.4%), from €38,895 to €29,790
of which Trade receivables: -€14,729
- Cash -€3,311
down €3,311 (-28.0%), from €11,831 to €8,520
mainly Accrued charges and deferred income (-€12,500) and Trade debts (-€8,405)
- Deferred charges and accrued income +€1,023
new in 2025: €1,023
- Accrued charges and deferred income -€12,500
down €12,500 (-100%), from €12,500 to €0
- Trade debts -€8,405
down €8,405 (-64.2%), from €13,099 to €4,693
- Profit (loss) carried forward -€3,520
down €3,520 (-8.9%), from €39,432 to €35,912
- Tax, wage and social debts +€1,135
up €1,135 (+20.6%), from €5,516 to €6,651
- Gross operating margin -€33,470
down €33,470 (-69.1%), from €48,414 to €14,944
- Taxes -€6,586
down €6,586 (-77.8%), from €8,462 to €1,876
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 | €97,631 | €75,094 | -€22,537 | -23.1% |
| Fixed assets | 21/28 | €46,905 | €35,761 | -€11,144 | -23.8% |
| Tangible fixed assets | 22/27 | €46,905 | €35,761 | -€11,144 | -23.8% |
| Land and buildings | 22 | €11,830 | €10,135 | -€1,695 | -14.3% |
| Plant, machinery and equipment | 23 | €554 | €20 | -€533 | -96.3% |
| Furniture and vehicles | 24 | €24,589 | €12,950 | -€11,638 | -47.3% |
| Other tangible fixed assets | 26 | €9,933 | €12,655 | +€2,723 | +27.4% |
| Current assets | 29/58 | €50,726 | €39,333 | -€11,393 | -22.5% |
| Amounts receivable within one year | 40/41 | €38,895 | €29,790 | -€9,105 | -23.4% |
| Trade receivables | 40 | €38,895 | €24,166 | -€14,729 | -37.9% |
| Other amounts receivable | 41 | €0 | €5,624 | +€5,624 | |
| Cash at bank and in hand | 54/58 | €11,831 | €8,520 | -€3,311 | -28.0% |
| Deferred charges and accrued income | 490/1 | - | €1,023 | +€1,023 | |
| Total equity and liabilities | 10/49 | €97,631 | €75,094 | -€22,537 | -23.1% |
| Equity | 10/15 | €58,182 | €54,662 | -€3,520 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,432 | €35,912 | -€3,520 | -8.9% |
| Amounts payable | 17/49 | €39,449 | €20,432 | -€19,017 | -48.2% |
| Amounts payable within one year | 42/48 | €26,949 | €20,432 | -€6,517 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €13,099 | €4,693 | -€8,405 | -64.2% |
| Suppliers | 440/4 | €13,099 | €4,693 | -€8,405 | -64.2% |
| Taxes, remuneration and social security | 45 | €5,516 | €6,651 | +€1,135 | +20.6% |
| Taxes | 450/3 | €5,516 | €6,651 | +€1,135 | +20.6% |
| Other amounts payable | 47/48 | €8,334 | €9,087 | +€753 | +9.0% |
| Accrued charges and deferred income | 492/3 | €12,500 | €0 | -€12,500 | -100% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,021 | €15,222 | +€201 | +1.3% |
| Other operating charges | 640/8 | €1,411 | €1,292 | -€119 | -8.5% |
| Gross operating margin | 9900 | €48,414 | €14,944 | -€33,470 | -69.1% |
| Operating profit (loss) | 9901 | €31,982 | -€1,569 | -€33,552 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €207 | €74 | -€133 | -64.3% |
| Recurring financial charges | 65 | €207 | €74 | -€133 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €31,775 | -€1,644 | -€33,419 | |
| Income taxes | 67/77 | €8,462 | €1,876 | -€6,586 | -77.8% |
| Profit (loss) for the period | 9904 | €23,313 | -€3,520 | -€26,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,313 | -€3,520 | -€26,832 |
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 15 October 2026 via checked.be.