HR WORK SUPPORT: what changed
HR WORK SUPPORT
Largest movements
- Cash +€94,324
up €94,324 (+848%), from €11,120 to €105,445
mainly Current investments (+€50,000) and Provisions (+€36,192)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€7,105
down €7,105 (-29.5%), from €24,104 to €16,998
of which Leasing and similar rights: -€5,613
- Receivables within one year -€2,869
down €2,869 (-8.6%), from €33,335 to €30,467
of which Trade receivables: -€4,265
- Deferred charges and accrued income -€1,861
down €1,861 (-24.2%), from €7,684 to €5,823
- Provisions +€36,192
new in 2025: €36,192
- Reserves +€7,674
up €7,674 (+8.8%), from €87,599 to €95,273
- Debts after one year -€5,949
down €5,949 (-48.4%), from €12,279 to €6,330
- Tax, wage and social debts -€3,047
down €3,047 (-31.7%), from €9,625 to €6,578
of which Taxes: -€5,331
- Trade debts -€2,564
down €2,564 (-32.2%), from €7,976 to €5,411
- Provisions +€36,192
new in 2025: €36,192
- Taxes -€4,383
down €4,383 (-26.3%), from €16,651 to €12,268
- Depreciation +€884
up €884 (+14.2%), from €6,221 to €7,105
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,243 | €158,733 | +€32,490 | +25.7% |
| Fixed assets | 21/28 | €24,104 | €16,998 | -€7,105 | -29.5% |
| Tangible fixed assets | 22/27 | €24,104 | €16,998 | -€7,105 | -29.5% |
| Plant, machinery and equipment | 23 | €4,563 | €3,643 | -€920 | -20.2% |
| Furniture and vehicles | 24 | €2,287 | €1,714 | -€573 | -25.1% |
| Leasing and similar rights | 25 | €17,254 | €11,641 | -€5,613 | -32.5% |
| Current assets | 29/58 | €102,140 | €141,735 | +€39,595 | +38.8% |
| Amounts receivable within one year | 40/41 | €33,335 | €30,467 | -€2,869 | -8.6% |
| Trade receivables | 40 | €29,772 | €25,507 | -€4,265 | -14.3% |
| Other amounts receivable | 41 | €3,563 | €4,960 | +€1,397 | +39.2% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €11,120 | €105,445 | +€94,324 | +848% |
| Deferred charges and accrued income | 490/1 | €7,684 | €5,823 | -€1,861 | -24.2% |
| Total equity and liabilities | 10/49 | €126,243 | €158,733 | +€32,490 | +25.7% |
| Equity | 10/15 | €90,599 | €98,273 | +€7,674 | +8.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €87,599 | €95,273 | +€7,674 | +8.8% |
| Distributable reserves | 133 | €87,599 | €95,273 | +€7,674 | +8.8% |
| Provisions and deferred taxes | 16 | - | €36,192 | +€36,192 | |
| Provisions for liabilities and charges | 160/5 | - | €36,192 | +€36,192 | |
| Other liabilities and charges | 164/5 | - | €36,192 | +€36,192 | |
| Amounts payable | 17/49 | €35,645 | €24,268 | -€11,377 | -31.9% |
| Amounts payable after more than one year | 17 | €12,279 | €6,330 | -€5,949 | -48.4% |
| Financial debts | 170/4 | €12,279 | €6,330 | -€5,949 | -48.4% |
| Amounts payable within one year | 42/48 | €23,192 | €17,938 | -€5,254 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €5,591 | €5,949 | +€358 | +6.4% |
| Trade debts | 44 | €7,976 | €5,411 | -€2,564 | -32.2% |
| Suppliers | 440/4 | €7,976 | €5,411 | -€2,564 | -32.2% |
| Taxes, remuneration and social security | 45 | €9,625 | €6,578 | -€3,047 | -31.7% |
| Taxes | 450/3 | €9,625 | €4,294 | -€5,331 | -55.4% |
| Remuneration and social security | 454/9 | - | €2,283 | +€2,283 | |
| Accrued charges and deferred income | 492/3 | €174 | - | -€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,221 | €7,105 | +€884 | +14.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €36,192 | +€36,192 | |
| Other operating charges | 640/8 | €907 | €1,303 | +€396 | +43.7% |
| Gross operating margin | 9900 | €67,409 | €66,851 | -€559 | -0.8% |
| Operating profit (loss) | 9901 | €60,282 | €22,251 | -€38,031 | -63.1% |
| Financial income | 75/76B | €718 | €812 | +€94 | +13.1% |
| Recurring financial income | 75 | €718 | €812 | +€94 | +13.1% |
| Financial charges | 65/66B | €1,773 | €1,403 | -€371 | -20.9% |
| Recurring financial charges | 65 | €1,773 | €1,403 | -€371 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €59,226 | €21,660 | -€37,566 | -63.4% |
| Income taxes | 67/77 | €16,651 | €12,268 | -€4,383 | -26.3% |
| Profit (loss) for the period | 9904 | €42,575 | €9,392 | -€33,183 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,575 | €9,392 | -€33,183 | -77.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.