De Werkkamer: 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.
De Werkkamer
Largest movements
- Cash +€27,052
up €27,052 (+14.3%), from €189,418 to €216,470
mainly Net result for the year (+€30,460) and Tax, wage and social debts (+€4,000)
- Reserves +€30,460
up €30,460 (+19.1%), from €159,674 to €190,133
- Tax, wage and social debts +€4,000
up €4,000 (+89.5%), from €4,471 to €8,471
- Other debts -€2,912
down €2,912 (-6.4%), from €45,718 to €42,805
- Gross operating margin +€4,900
up €4,900 (+10.8%), from €45,349 to €50,249
- Taxes +€1,492
up €1,492 (+10.9%), from €13,742 to €15,235
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 | €222,502 | €253,810 | +€31,308 | +14.1% |
| Fixed assets | 21/28 | €10,777 | €11,596 | +€818 | +7.6% |
| Tangible fixed assets | 22/27 | €10,777 | €11,596 | +€818 | +7.6% |
| Plant, machinery and equipment | 23 | €10,777 | €11,596 | +€818 | +7.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €211,724 | €242,214 | +€30,490 | +14.4% |
| Amounts receivable within one year | 40/41 | €0 | €968 | +€968 | |
| Trade receivables | 40 | €0 | €968 | +€968 | |
| Current investments | 50/53 | €21,367 | €23,767 | +€2,400 | +11.2% |
| Cash at bank and in hand | 54/58 | €189,418 | €216,470 | +€27,052 | +14.3% |
| Deferred charges and accrued income | 490/1 | €939 | €1,009 | +€69 | +7.4% |
| Total equity and liabilities | 10/49 | €222,502 | €253,810 | +€31,308 | +14.1% |
| Equity | 10/15 | €172,074 | €202,533 | +€30,460 | +17.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €159,674 | €190,133 | +€30,460 | +19.1% |
| Distributable reserves | 133 | €159,674 | €190,133 | +€30,460 | +19.1% |
| Amounts payable | 17/49 | €50,428 | €51,276 | +€848 | +1.7% |
| Amounts payable within one year | 42/48 | €50,428 | €51,276 | +€848 | +1.7% |
| Trade debts | 44 | €239 | €0 | -€239 | -100% |
| Suppliers | 440/4 | €239 | €0 | -€239 | -100% |
| Taxes, remuneration and social security | 45 | €4,471 | €8,471 | +€4,000 | +89.5% |
| Taxes | 450/3 | €4,471 | €8,471 | +€4,000 | +89.5% |
| Other amounts payable | 47/48 | €45,718 | €42,805 | -€2,912 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,217 | €3,386 | +€168 | +5.2% |
| Other operating charges | 640/8 | €827 | €1,116 | +€290 | +35.0% |
| Gross operating margin | 9900 | €45,349 | €50,249 | +€4,900 | +10.8% |
| Operating profit (loss) | 9901 | €41,304 | €45,746 | +€4,442 | +10.8% |
| Financial income | 75/76B | €18 | €6 | -€12 | -64.6% |
| Recurring financial income | 75 | €18 | €6 | -€12 | -64.6% |
| Financial charges | 65/66B | -€162 | €58 | +€220 | |
| Recurring financial charges | 65 | -€162 | €58 | +€220 | |
| Profit (loss) for the period before taxes | 9903 | €41,484 | €45,694 | +€4,210 | +10.1% |
| Income taxes | 67/77 | €13,742 | €15,235 | +€1,492 | +10.9% |
| Profit (loss) for the period | 9904 | €27,742 | €30,460 | +€2,717 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,742 | €30,460 | +€2,717 | +9.8% |
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.