FRESH@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.
FRESH@WORK
Largest movements
- Receivables within one year -€35,419
down €35,419 (-35.8%), from €98,943 to €63,524
of which Trade receivables: -€33,748
- Cash +€25,213
up €25,213 (+146%), from €17,227 to €42,440
mainly Other debts (+€67,659) and Receivables within one year (+€35,419)
- Other debts +€67,659
new in 2025: €67,659
- Profit (loss) carried forward -€64,307
down €64,307 (-95.4%), from €67,395 to €3,088
- Tax, wage and social debts -€19,548
down €19,548 (-91.6%), from €21,341 to €1,793
- Trade debts +€5,990
up €5,990 (+2,894%), from €207 to €6,197
- Gross operating margin -€6,937
down €6,937 (-38.9%), from €17,848 to €10,911
- Other operating charges +€6,322
up €6,322 (+3,417%), from €185 to €6,507
- Taxes -€2,504
down €2,504 (-66.3%), from €3,775 to €1,271
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 | €116,223 | €106,017 | -€10,206 | -8.8% |
| Fixed assets | 21/28 | €53 | €53 | = | 0.0% |
| Financial fixed assets | 28 | €53 | €53 | = | 0.0% |
| Current assets | 29/58 | €116,170 | €105,964 | -€10,206 | -8.8% |
| Amounts receivable within one year | 40/41 | €98,943 | €63,524 | -€35,419 | -35.8% |
| Trade receivables | 40 | €91,140 | €57,392 | -€33,748 | -37.0% |
| Other amounts receivable | 41 | €7,803 | €6,132 | -€1,671 | -21.4% |
| Cash at bank and in hand | 54/58 | €17,227 | €42,440 | +€25,213 | +146% |
| Total equity and liabilities | 10/49 | €116,223 | €106,017 | -€10,206 | -8.8% |
| Equity | 10/15 | €94,675 | €30,368 | -€64,307 | -67.9% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,395 | €3,088 | -€64,307 | -95.4% |
| Amounts payable | 17/49 | €21,548 | €75,649 | +€54,101 | +251% |
| Amounts payable within one year | 42/48 | €21,548 | €75,649 | +€54,101 | +251% |
| Trade debts | 44 | €207 | €6,197 | +€5,990 | +2,894% |
| Suppliers | 440/4 | €207 | €6,197 | +€5,990 | +2,894% |
| Taxes, remuneration and social security | 45 | €21,341 | €1,793 | -€19,548 | -91.6% |
| Taxes | 450/3 | €21,341 | €1,793 | -€19,548 | -91.6% |
| Other amounts payable | 47/48 | - | €67,659 | +€67,659 | |
| Other operating charges | 640/8 | €185 | €6,507 | +€6,322 | +3,417% |
| Gross operating margin | 9900 | €17,848 | €10,911 | -€6,937 | -38.9% |
| Operating profit (loss) | 9901 | €17,663 | €4,404 | -€13,259 | -75.1% |
| Financial income | 75/76B | €189 | €11 | -€178 | -94.2% |
| Recurring financial income | 75 | €189 | €11 | -€178 | -94.2% |
| Financial charges | 65/66B | €109 | €151 | +€42 | +38.5% |
| Recurring financial charges | 65 | €109 | €151 | +€42 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €17,743 | €4,264 | -€13,479 | -76.0% |
| Income taxes | 67/77 | €3,775 | €1,271 | -€2,504 | -66.3% |
| Profit (loss) for the period | 9904 | €13,968 | €2,993 | -€10,975 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,968 | €2,993 | -€10,975 | -78.6% |
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 26 October 2026 via checked.be.