infoWORKS: 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.
infoWORKS
Largest movements
- Receivables within one year -€266,098
down €266,098 (-97.6%), from €272,750 to €6,652
of which Other amounts receivable: -€266,332
- Tangible fixed assets +€134,244
up €134,244 (+34.9%), from €384,956 to €519,201
- Cash +€46,685
up €46,685 (+101.4%), from €46,038 to €92,723
mainly Receivables within one year (+€266,098) and Net result for the year (+€238,785)
- Other debts -€494,358
down €494,358 (-26.4%), from €1.9m to €1.4m
- Profit (loss) carried forward +€238,785
up €238,785 (+46.4%), from €514,189 to €752,973
- Revaluation surpluses +€134,338
new in 2025: €134,338
- Tax, wage and social debts +€63,421
up €63,421 (+228.7%), from €27,736 to €91,157
- Debts after one year -€54,686
down €54,686 (-17.0%), from €321,899 to €267,213
- Gross operating margin +€246,737
up €246,737 (+276.6%), from €89,196 to €335,933
- Taxes +€65,998
up €65,998 (+294.4%), from €22,417 to €88,416
- Financial charges -€16,971
down €16,971 (-69.4%), from €24,455 to €7,484
- Depreciation +€10,800
new in 2025: €10,800
- Financial income -€3,844
down €3,844 (-25.9%), from €14,844 to €11,000
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 | €2,797,558 | €2,709,939 | -€87,620 | -3.1% |
| Fixed assets | 21/28 | €2,377,961 | €2,512,205 | +€134,244 | +5.6% |
| Tangible fixed assets | 22/27 | €384,956 | €519,201 | +€134,244 | +34.9% |
| Land and buildings | 22 | €384,956 | €519,201 | +€134,244 | +34.9% |
| Financial fixed assets | 28 | €1,993,005 | €1,993,005 | = | 0.0% |
| Current assets | 29/58 | €419,597 | €197,733 | -€221,864 | -52.9% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €272,750 | €6,652 | -€266,098 | -97.6% |
| Trade receivables | 40 | - | €233 | +€233 | |
| Other amounts receivable | 41 | €272,750 | €6,418 | -€266,332 | -97.6% |
| Cash at bank and in hand | 54/58 | €46,038 | €92,723 | +€46,685 | +101.4% |
| Deferred charges and accrued income | 490/1 | €10,809 | €8,359 | -€2,450 | -22.7% |
| Total equity and liabilities | 10/49 | €2,797,558 | €2,709,939 | -€87,620 | -3.1% |
| Equity | 10/15 | €522,340 | €895,462 | +€373,123 | +71.4% |
| Contributions | 10/11 | €6,292 | €6,292 | = | 0.0% |
| Revaluation surpluses | 12 | - | €134,338 | +€134,338 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €514,189 | €752,973 | +€238,785 | +46.4% |
| Amounts payable | 17/49 | €2,275,219 | €1,814,476 | -€460,742 | -20.3% |
| Amounts payable after more than one year | 17 | €321,899 | €267,213 | -€54,686 | -17.0% |
| Financial debts | 170/4 | €321,899 | €267,213 | -€54,686 | -17.0% |
| Amounts payable within one year | 42/48 | €1,952,122 | €1,544,922 | -€407,201 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €53,512 | €54,686 | +€1,174 | +2.2% |
| Trade debts | 44 | €300 | €22,862 | +€22,562 | +7531.9% |
| Suppliers | 440/4 | €300 | €22,862 | +€22,562 | +7531.9% |
| Taxes, remuneration and social security | 45 | €27,736 | €91,157 | +€63,421 | +228.7% |
| Taxes | 450/3 | €27,736 | €91,157 | +€63,421 | +228.7% |
| Other amounts payable | 47/48 | €1,870,576 | €1,376,217 | -€494,358 | -26.4% |
| Accrued charges and deferred income | 492/3 | €1,197 | €2,341 | +€1,144 | +95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,800 | +€10,800 | |
| Other operating charges | 640/8 | €1,655 | €1,449 | -€206 | -12.4% |
| Gross operating margin | 9900 | €89,196 | €335,933 | +€246,737 | +276.6% |
| Operating profit (loss) | 9901 | €87,541 | €323,685 | +€236,144 | +269.8% |
| Financial income | 75/76B | €14,844 | €11,000 | -€3,844 | -25.9% |
| Recurring financial income | 75 | €14,844 | €11,000 | -€3,844 | -25.9% |
| Financial charges | 65/66B | €24,455 | €7,484 | -€16,971 | -69.4% |
| Recurring financial charges | 65 | €24,455 | €7,484 | -€16,971 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €77,930 | €327,200 | +€249,270 | +319.9% |
| Income taxes | 67/77 | €22,417 | €88,416 | +€65,998 | +294.4% |
| Profit (loss) for the period | 9904 | €55,513 | €238,785 | +€183,272 | +330.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,513 | €238,785 | +€183,272 | +330.1% |
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 8 October 2026 via checked.be.