DA WORK: what changed
Two fiscal 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.
DA WORK
Largest movements
- Cash +€39,509
up €39,509 (+74.2%), from €53,254 to €92,763
mainly Net result for the year (+€72,476) and Tax, wage and social debts (+€21,107)
- Receivables within one year +€15,415
up €15,415 (+32.5%), from €47,405 to €62,820
of which Other amounts receivable: +€35,519
- Tangible fixed assets -€1,996
down €1,996 (-46.6%), from €4,286 to €2,291
of which Plant, machinery and equipment: -€1,310
- Profit (loss) carried forward +€72,476
up €72,476 (+212.7%), from €34,068 to €106,544
- Trade debts -€28,663
down €28,663 (-93.1%), from €30,780 to €2,117
- Tax, wage and social debts +€21,107
up €21,107 (+659.6%), from €3,200 to €24,307
of which Taxes: +€19,194
- Other debts -€9,826
down €9,826 (-24.7%), from €39,788 to €29,962
- Advances received -€2,082
down €2,082 (-100.0%), from €2,082 to €0
- Gross operating margin +€95,648
up €95,648 (+903.1%), from €10,592 to €106,239
- Taxes +€15,691
up €15,691 (+495.4%), from €3,167 to €18,858
- Staff costs +€7,297
new in 2025: €7,297
- Financial charges +€3,211
up €3,211 (+148.2%), from €2,167 to €5,378
- Other operating charges -€2,512
down €2,512 (-90.0%), from €2,792 to €280
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.
Cash bridge derived
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 | €129,919 | €182,931 | +€53,012 | +40.8% |
| Fixed assets | 21/28 | €12,586 | €10,591 | -€1,996 | -15.9% |
| Tangible fixed assets | 22/27 | €4,286 | €2,291 | -€1,996 | -46.6% |
| Land and buildings | 22 | €1,407 | €967 | -€440 | -31.3% |
| Plant, machinery and equipment | 23 | €2,069 | €759 | -€1,310 | -63.3% |
| Furniture and vehicles | 24 | €810 | €565 | -€246 | -30.3% |
| Financial fixed assets | 28 | €8,300 | €8,300 | = | 0.0% |
| Current assets | 29/58 | €117,332 | €172,340 | +€55,008 | +46.9% |
| Stocks and contracts in progress | 3 | €16,674 | €16,387 | -€287 | -1.7% |
| Stocks | 30/36 | €16,674 | €16,387 | -€287 | -1.7% |
| Amounts receivable within one year | 40/41 | €47,405 | €62,820 | +€15,415 | +32.5% |
| Trade receivables | 40 | €20,103 | €0 | -€20,103 | -100.0% |
| Other amounts receivable | 41 | €27,301 | €62,820 | +€35,519 | +130.1% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €53,254 | €92,763 | +€39,509 | +74.2% |
| Deferred charges and accrued income | 490/1 | - | €371 | +€371 | |
| Total equity and liabilities | 10/49 | €129,919 | €182,931 | +€53,012 | +40.8% |
| Equity | 10/15 | €54,068 | €126,544 | +€72,476 | +134.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,068 | €106,544 | +€72,476 | +212.7% |
| Amounts payable | 17/49 | €75,851 | €56,386 | -€19,464 | -25.7% |
| Amounts payable within one year | 42/48 | €75,851 | €56,386 | -€19,464 | -25.7% |
| Trade debts | 44 | €30,780 | €2,117 | -€28,663 | -93.1% |
| Suppliers | 440/4 | €30,780 | €2,117 | -€28,663 | -93.1% |
| Advances received on contracts in progress | 46 | €2,082 | €0 | -€2,082 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,200 | €24,307 | +€21,107 | +659.6% |
| Taxes | 450/3 | €3,200 | €22,394 | +€19,194 | +599.8% |
| Remuneration and social security | 454/9 | - | €1,913 | +€1,913 | |
| Other amounts payable | 47/48 | €39,788 | €29,962 | -€9,826 | -24.7% |
| Remuneration, social security and pensions | 62 | - | €7,297 | +€7,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,996 | €1,996 | = | 0.0% |
| Other operating charges | 640/8 | €2,792 | €280 | -€2,512 | -90.0% |
| Gross operating margin | 9900 | €10,592 | €106,239 | +€95,648 | +903.1% |
| Operating profit (loss) | 9901 | €5,804 | €96,667 | +€90,863 | +1565.5% |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €2,167 | €5,378 | +€3,211 | +148.2% |
| Recurring financial charges | 65 | €2,167 | €5,378 | +€3,211 | +148.2% |
| Profit (loss) for the period before taxes | 9903 | €3,637 | €91,335 | +€87,698 | +2411.4% |
| Income taxes | 67/77 | €3,167 | €18,858 | +€15,691 | +495.4% |
| Profit (loss) for the period | 9904 | €469 | €72,476 | +€72,007 | +15343.9% |
| Profit (loss) for the period to be appropriated | 9905 | €469 | €72,476 | +€72,007 | +15343.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.