HANDS@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.
HANDS@WORK
Largest movements
- Receivables within one year -€41,624
down €41,624 (-65.4%), from €63,692 to €22,068
of which Other amounts receivable: -€41,853
- Tangible fixed assets -€13,039
down €13,039 (-11.1%), from €117,121 to €104,081
of which Land and buildings: -€11,817
- Cash +€5,043
up €5,043 (+8.5%), from €59,678 to €64,721
mainly Receivables within one year (+€41,624) and Depreciation (+€13,039)
- Deferred charges and accrued income -€4,529
down €4,529 (-51.0%), from €8,885 to €4,356
- Reserves -€42,339
down €42,339 (-43.2%), from €97,900 to €55,561
- Debts after one year -€10,513
down €10,513 (-10.3%), from €101,693 to €91,180
- Trade debts +€3,781
up €3,781 (+157.9%), from €2,394 to €6,175
- Tax, wage and social debts -€2,859
down €2,859 (-89.4%), from €3,200 to €341
of which Remuneration and social security: -€3,200
- Gross operating margin -€7,280
down €7,280 (-24.2%), from €30,068 to €22,788
- Taxes -€1,866
down €1,866 (-43.0%), from €4,341 to €2,475
- Financial charges -€1,153
down €1,153 (-32.3%), from €3,567 to €2,414
- Financial income -€1,074
down €1,074 (-100.0%), from €1,074 to €0
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 | €249,376 | €195,226 | -€54,149 | -21.7% |
| Fixed assets | 21/28 | €117,121 | €104,081 | -€13,039 | -11.1% |
| Tangible fixed assets | 22/27 | €117,121 | €104,081 | -€13,039 | -11.1% |
| Land and buildings | 22 | €115,183 | €103,366 | -€11,817 | -10.3% |
| Plant, machinery and equipment | 23 | €1,937 | €715 | -€1,222 | -63.1% |
| Current assets | 29/58 | €132,255 | €91,145 | -€41,110 | -31.1% |
| Amounts receivable within one year | 40/41 | €63,692 | €22,068 | -€41,624 | -65.4% |
| Trade receivables | 40 | - | €229 | +€229 | |
| Other amounts receivable | 41 | €63,692 | €21,839 | -€41,853 | -65.7% |
| Cash at bank and in hand | 54/58 | €59,678 | €64,721 | +€5,043 | +8.5% |
| Deferred charges and accrued income | 490/1 | €8,885 | €4,356 | -€4,529 | -51.0% |
| Total equity and liabilities | 10/49 | €249,376 | €195,226 | -€54,149 | -21.7% |
| Equity | 10/15 | €128,130 | €85,791 | -€42,339 | -33.0% |
| Contributions | 10/11 | €30,230 | €30,230 | = | 0.0% |
| Reserves | 13 | €97,900 | €55,561 | -€42,339 | -43.2% |
| Distributable reserves | 133 | €97,900 | €55,561 | -€42,339 | -43.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,246 | €109,436 | -€11,810 | -9.7% |
| Amounts payable after more than one year | 17 | €101,693 | €91,180 | -€10,513 | -10.3% |
| Financial debts | 170/4 | €101,693 | €91,180 | -€10,513 | -10.3% |
| Amounts payable within one year | 42/48 | €19,369 | €18,255 | -€1,114 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €10,401 | €10,513 | +€112 | +1.1% |
| Trade debts | 44 | €2,394 | €6,175 | +€3,781 | +157.9% |
| Suppliers | 440/4 | €2,394 | €6,175 | +€3,781 | +157.9% |
| Taxes, remuneration and social security | 45 | €3,200 | €341 | -€2,859 | -89.4% |
| Taxes | 450/3 | €0 | €341 | +€341 | |
| Remuneration and social security | 454/9 | €3,200 | €0 | -€3,200 | -100.0% |
| Other amounts payable | 47/48 | €3,375 | €1,227 | -€2,148 | -63.6% |
| Accrued charges and deferred income | 492/3 | €183 | €0 | -€183 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,039 | €13,039 | = | 0.0% |
| Other operating charges | 640/8 | €3,248 | €3,102 | -€145 | -4.5% |
| Gross operating margin | 9900 | €30,068 | €22,788 | -€7,280 | -24.2% |
| Operating profit (loss) | 9901 | €13,781 | €6,646 | -€7,135 | -51.8% |
| Financial income | 75/76B | €1,074 | €0 | -€1,074 | -100.0% |
| Recurring financial income | 75 | €1,074 | €0 | -€1,074 | -100.0% |
| Financial charges | 65/66B | €3,567 | €2,414 | -€1,153 | -32.3% |
| Recurring financial charges | 65 | €3,567 | €2,414 | -€1,153 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €11,287 | €4,232 | -€7,055 | -62.5% |
| Income taxes | 67/77 | €4,341 | €2,475 | -€1,866 | -43.0% |
| Profit (loss) for the period | 9904 | €6,947 | €1,757 | -€5,189 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,947 | €1,757 | -€5,189 | -74.7% |
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 5 October 2026 via checked.be.