"ChangeWorx": 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.
"ChangeWorx"
Largest movements
- Deferred charges and accrued income -€15,293
down €15,293 (-89.2%), from €17,141 to €1,849
- Cash +€8,790
up €8,790 (+131%), from €6,720 to €15,509
mainly Deferred charges and accrued income (+€15,293) and Net result for the year (+€3,446)
- Receivables within one year +€2,129
up €2,129 (+686%), from €310 to €2,439
of which Other amounts receivable: +€2,129
- Tangible fixed assets +€809
up €809 (+10.3%), from €7,865 to €8,673
of which Furniture and vehicles: +€2,668
- Tax, wage and social debts -€9,564
down €9,564 (-98.0%), from €9,756 to €193
- Profit (loss) carried forward +€3,446
up €3,446 (+6.5%), from -€53,342 to -€49,896
- Other debts +€2,677
up €2,677 (+3.9%), from €67,931 to €70,608
- Gross operating margin +€149,840
up €149,840, from -€141,395 to €8,445
- Write-downs -€81,645
down €81,645 (-100%), from €81,645 to €0
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 | €32,036 | €28,471 | -€3,566 | -11.1% |
| Fixed assets | 21/28 | €7,865 | €8,673 | +€809 | +10.3% |
| Tangible fixed assets | 22/27 | €7,865 | €8,673 | +€809 | +10.3% |
| Plant, machinery and equipment | 23 | €5,837 | €4,599 | -€1,237 | -21.2% |
| Furniture and vehicles | 24 | €0 | €2,668 | +€2,668 | |
| Other tangible fixed assets | 26 | €2,028 | €1,406 | -€623 | -30.7% |
| Current assets | 29/58 | €24,171 | €19,797 | -€4,374 | -18.1% |
| Amounts receivable within one year | 40/41 | €310 | €2,439 | +€2,129 | +686% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €310 | €2,439 | +€2,129 | +686% |
| Cash at bank and in hand | 54/58 | €6,720 | €15,509 | +€8,790 | +131% |
| Deferred charges and accrued income | 490/1 | €17,141 | €1,849 | -€15,293 | -89.2% |
| Total equity and liabilities | 10/49 | €32,036 | €28,471 | -€3,566 | -11.1% |
| Equity | 10/15 | -€48,342 | -€44,896 | +€3,446 | +7.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€53,342 | -€49,896 | +€3,446 | +6.5% |
| Amounts payable | 17/49 | €80,379 | €73,367 | -€7,012 | -8.7% |
| Amounts payable within one year | 42/48 | €80,379 | €73,367 | -€7,012 | -8.7% |
| Trade debts | 44 | €2,691 | €2,566 | -€126 | -4.7% |
| Suppliers | 440/4 | €2,691 | €2,566 | -€126 | -4.7% |
| Taxes, remuneration and social security | 45 | €9,756 | €193 | -€9,564 | -98.0% |
| Taxes | 450/3 | €9,756 | €193 | -€9,564 | -98.0% |
| Other amounts payable | 47/48 | €67,931 | €70,608 | +€2,677 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,097 | €2,231 | +€135 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €81,645 | €0 | -€81,645 | -100% |
| Other operating charges | 640/8 | €785 | €1,077 | +€292 | +37.2% |
| Gross operating margin | 9900 | -€141,395 | €8,445 | +€149,840 | |
| Operating profit (loss) | 9901 | -€225,922 | €5,137 | +€231,058 | |
| Financial income | 75/76B | €97 | €9 | -€88 | -90.9% |
| Recurring financial income | 75 | €97 | €9 | -€88 | -90.9% |
| Financial charges | 65/66B | €2,235 | €1,507 | -€728 | -32.6% |
| Recurring financial charges | 65 | €2,235 | €1,507 | -€728 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | -€228,060 | €3,639 | +€231,699 | |
| Income taxes | 67/77 | €251 | €193 | -€59 | -23.4% |
| Profit (loss) for the period | 9904 | -€228,311 | €3,446 | +€231,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€228,311 | €3,446 | +€231,758 |
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 21 October 2026 via checked.be.