DG WORKS: 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.
DG WORKS
Largest movements
- Current investments +€618,019
up €618,019 (+244%), from €253,605 to €871,623
- Cash -€323,591
down €323,591 (-56.7%), from €570,977 to €247,386
mainly Current investments (-€618,019) and Tax, wage and social debts (-€145,557)
- Receivables within one year -€181,947
down €181,947 (-18.9%), from €964,600 to €782,653
of which Trade receivables: -€183,353
- Reserves +€255,238
up €255,238 (+15.6%), from €1.6m to €1.9m
of which Distributable reserves: +€255,238
- Tax, wage and social debts -€145,557
down €145,557 (-84.7%), from €171,885 to €26,329
- Gross operating margin -€354,509
down €354,509 (-50.2%), from €705,763 to €351,254
- Taxes -€122,050
down €122,050 (-53.6%), from €227,724 to €105,673
- Financial income +€16,381
up €16,381 (+187%), from €8,748 to €25,129
- Other operating charges +€7,420
up €7,420 (+759%), from €978 to €8,398
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 | €1,832,023 | €1,941,197 | +€109,174 | +6.0% |
| Fixed assets | 21/28 | €41,435 | €36,989 | -€4,446 | -10.7% |
| Tangible fixed assets | 22/27 | €41,435 | €36,989 | -€4,446 | -10.7% |
| Furniture and vehicles | 24 | €41,435 | €36,989 | -€4,446 | -10.7% |
| Current assets | 29/58 | €1,790,587 | €1,904,208 | +€113,620 | +6.3% |
| Amounts receivable within one year | 40/41 | €964,600 | €782,653 | -€181,947 | -18.9% |
| Trade receivables | 40 | €919,600 | €736,247 | -€183,353 | -19.9% |
| Other amounts receivable | 41 | €45,000 | €46,406 | +€1,406 | +3.1% |
| Current investments | 50/53 | €253,605 | €871,623 | +€618,019 | +244% |
| Cash at bank and in hand | 54/58 | €570,977 | €247,386 | -€323,591 | -56.7% |
| Deferred charges and accrued income | 490/1 | €1,406 | €2,546 | +€1,139 | +81.0% |
| Total equity and liabilities | 10/49 | €1,832,023 | €1,941,197 | +€109,174 | +6.0% |
| Equity | 10/15 | €1,659,520 | €1,914,758 | +€255,238 | +15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,640,920 | €1,896,158 | +€255,238 | +15.6% |
| 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 | €1,639,060 | €1,894,298 | +€255,238 | +15.6% |
| Amounts payable | 17/49 | €172,502 | €26,439 | -€146,064 | -84.7% |
| Amounts payable within one year | 42/48 | €172,502 | €26,439 | -€146,064 | -84.7% |
| Trade debts | 44 | €617 | €110 | -€507 | -82.2% |
| Suppliers | 440/4 | €617 | €110 | -€507 | -82.2% |
| Taxes, remuneration and social security | 45 | €171,885 | €26,329 | -€145,557 | -84.7% |
| Taxes | 450/3 | €171,885 | €26,329 | -€145,557 | -84.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,028 | €4,446 | +€1,419 | +46.9% |
| Other operating charges | 640/8 | €978 | €8,398 | +€7,420 | +759% |
| Gross operating margin | 9900 | €705,763 | €351,254 | -€354,509 | -50.2% |
| Operating profit (loss) | 9901 | €701,758 | €338,410 | -€363,348 | -51.8% |
| Financial income | 75/76B | €8,748 | €25,129 | +€16,381 | +187% |
| Recurring financial income | 75 | €8,748 | €25,129 | +€16,381 | +187% |
| Financial charges | 65/66B | €2,405 | €2,628 | +€223 | +9.3% |
| Recurring financial charges | 65 | €2,405 | €2,628 | +€223 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €708,100 | €360,911 | -€347,189 | -49.0% |
| Income taxes | 67/77 | €227,724 | €105,673 | -€122,050 | -53.6% |
| Profit (loss) for the period | 9904 | €480,377 | €255,238 | -€225,139 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €480,377 | €255,238 | -€225,139 | -46.9% |
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 23 October 2026 via checked.be.