D@WORK: 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.
D@WORK
Largest movements
- Tangible fixed assets -€21,682
down €21,682 (-5.4%), from €400,809 to €379,126
of which Land and buildings: -€17,298
- Receivables within one year +€17,733
up €17,733 (+14.2%), from €124,683 to €142,416
of which Trade receivables: +€15,486
- Tax, wage and social debts -€18,334
down €18,334 (-60.7%), from €30,199 to €11,865
of which Remuneration and social security: -€20,761
- Debts after one year -€16,260
down €16,260 (-4.8%), from €336,970 to €320,710
- Other debts +€11,614
up €11,614 (+14.9%), from €78,162 to €89,776
- Trade debts +€9,898
up €9,898 (+16.9%), from €58,646 to €68,545
- Staff costs -€26,107
down €26,107 (-74.9%), from €34,840 to €8,733
- Gross operating margin -€14,964
down €14,964 (-17.4%), from €85,868 to €70,904
- Financial income -€7,617
down €7,617 (-92.1%), from €8,274 to €658
- Other operating charges +€3,766
up €3,766 (+80.7%), from €4,669 to €8,435
- Depreciation -€2,933
down €2,933 (-9.6%), from €30,401 to €27,469
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 | €573,732 | €563,401 | -€10,331 | -1.8% |
| Fixed assets | 21/28 | €403,349 | €381,666 | -€21,682 | -5.4% |
| Tangible fixed assets | 22/27 | €400,809 | €379,126 | -€21,682 | -5.4% |
| Land and buildings | 22 | €382,003 | €364,704 | -€17,298 | -4.5% |
| Plant, machinery and equipment | 23 | €1,190 | €704 | -€486 | -40.9% |
| Furniture and vehicles | 24 | €14,975 | €11,077 | -€3,898 | -26.0% |
| Other tangible fixed assets | 26 | €2,642 | €2,642 | = | 0.0% |
| Financial fixed assets | 28 | €2,540 | €2,540 | = | 0.0% |
| Current assets | 29/58 | €170,384 | €181,735 | +€11,351 | +6.7% |
| Amounts receivable within one year | 40/41 | €124,683 | €142,416 | +€17,733 | +14.2% |
| Trade receivables | 40 | €104,817 | €120,302 | +€15,486 | +14.8% |
| Other amounts receivable | 41 | €19,866 | €22,113 | +€2,247 | +11.3% |
| Cash at bank and in hand | 54/58 | €39,667 | €35,572 | -€4,095 | -10.3% |
| Deferred charges and accrued income | 490/1 | €6,033 | €3,747 | -€2,286 | -37.9% |
| Total equity and liabilities | 10/49 | €573,732 | €563,401 | -€10,331 | -1.8% |
| Equity | 10/15 | €46,063 | €48,436 | +€2,373 | +5.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €39,563 | €41,936 | +€2,373 | +6.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,703 | €40,076 | +€2,373 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €527,669 | €514,965 | -€12,704 | -2.4% |
| Amounts payable after more than one year | 17 | €336,970 | €320,710 | -€16,260 | -4.8% |
| Financial debts | 170/4 | €336,970 | €320,710 | -€16,260 | -4.8% |
| Amounts payable within one year | 42/48 | €190,699 | €194,255 | +€3,556 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,882 | €16,260 | +€378 | +2.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €58,646 | €68,545 | +€9,898 | +16.9% |
| Suppliers | 440/4 | €58,646 | €68,545 | +€9,898 | +16.9% |
| Advances received on contracts in progress | 46 | €7,810 | €7,810 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €30,199 | €11,865 | -€18,334 | -60.7% |
| Taxes | 450/3 | €5,307 | €7,734 | +€2,427 | +45.7% |
| Remuneration and social security | 454/9 | €24,893 | €4,131 | -€20,761 | -83.4% |
| Other amounts payable | 47/48 | €78,162 | €89,776 | +€11,614 | +14.9% |
| Non-recurring operating income | 76A | - | €1,599 | +€1,599 | |
| Remuneration, social security and pensions | 62 | €34,840 | €8,733 | -€26,107 | -74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,401 | €27,469 | -€2,933 | -9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,111 | +€2,111 | |
| Other operating charges | 640/8 | €4,669 | €8,435 | +€3,766 | +80.7% |
| Non-recurring operating charges | 66A | €0 | €4,091 | +€4,091 | |
| Gross operating margin | 9900 | €85,868 | €70,904 | -€14,964 | -17.4% |
| Operating profit (loss) | 9901 | €15,959 | €20,066 | +€4,107 | +25.7% |
| Financial income | 75/76B | €8,274 | €658 | -€7,617 | -92.1% |
| Recurring financial income | 75 | €8,274 | €658 | -€7,617 | -92.1% |
| Financial charges | 65/66B | €11,388 | €10,824 | -€564 | -5.0% |
| Recurring financial charges | 65 | €11,388 | €10,824 | -€564 | -5.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €12,845 | €9,900 | -€2,945 | -22.9% |
| Income taxes | 67/77 | €3,530 | €5,861 | +€2,331 | +66.1% |
| Profit (loss) for the period | 9904 | €9,316 | €4,039 | -€5,277 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,316 | €4,039 | -€5,277 | -56.6% |
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 24 October 2026 via checked.be.