INTER WORK GROUP: 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.
INTER WORK GROUP
Largest movements
- Receivables within one year +€81,918
up €81,918 (+17.9%), from €458,339 to €540,256
of which Trade receivables: +€98,450
- Tangible fixed assets -€22,175
down €22,175 (-5.2%), from €429,593 to €407,418
of which Land and buildings: -€11,667
- Trade debts +€32,611
up €32,611 (+4.5%), from €717,983 to €750,594
- Profit (loss) carried forward +€23,157
up €23,157 (+140.7%), from €16,455 to €39,612
- Gross operating margin +€45,652
up €45,652 (+138.1%), from €33,051 to €78,703
- Depreciation -€13,856
down €13,856 (-38.5%), from €36,031 to €22,175
- Staff costs +€13,626
up €13,626 (+88.6%), from €15,372 to €28,999
- Taxes +€2,447
up €2,447, from €0 to €2,447
- Other operating charges +€1,928
up €1,928, from €0 to €1,928
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €908,477 | €967,971 | +€59,495 | +6.5% |
| Fixed assets | 21/28 | €449,890 | €427,715 | -€22,175 | -4.9% |
| Tangible fixed assets | 22/27 | €429,593 | €407,418 | -€22,175 | -5.2% |
| Land and buildings | 22 | €386,667 | €375,000 | -€11,667 | -3.0% |
| Plant, machinery and equipment | 23 | €34,937 | €27,452 | -€7,486 | -21.4% |
| Furniture and vehicles | 24 | €7,989 | €4,966 | -€3,023 | -37.8% |
| Financial fixed assets | 28 | €20,297 | €20,297 | = | 0.0% |
| Current assets | 29/58 | €458,587 | €540,256 | +€81,670 | +17.8% |
| Amounts receivable within one year | 40/41 | €458,339 | €540,256 | +€81,918 | +17.9% |
| Trade receivables | 40 | €410,965 | €509,415 | +€98,450 | +24.0% |
| Other amounts receivable | 41 | €47,374 | €30,841 | -€16,532 | -34.9% |
| Cash at bank and in hand | 54/58 | €248 | €0 | -€248 | -100.0% |
| Total equity and liabilities | 10/49 | €908,477 | €967,971 | +€59,495 | +6.5% |
| Equity | 10/15 | €134,970 | €158,127 | +€23,157 | +17.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €88,515 | €88,515 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €85,515 | €85,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,455 | €39,612 | +€23,157 | +140.7% |
| Amounts payable | 17/49 | €773,507 | €809,845 | +€36,338 | +4.7% |
| Amounts payable within one year | 42/48 | €773,507 | €809,845 | +€36,338 | +4.7% |
| Trade debts | 44 | €717,983 | €750,594 | +€32,611 | +4.5% |
| Suppliers | 440/4 | €717,983 | €750,594 | +€32,611 | +4.5% |
| Taxes, remuneration and social security | 45 | €117 | €3,844 | +€3,727 | +3173.7% |
| Taxes | 450/3 | €117 | €2,564 | +€2,447 | +2084.7% |
| Remuneration and social security | 454/9 | €0 | €1,280 | +€1,280 | +2559420.0% |
| Other amounts payable | 47/48 | €55,407 | €55,407 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €15,372 | €28,999 | +€13,626 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,031 | €22,175 | -€13,856 | -38.5% |
| Other operating charges | 640/8 | €0 | €1,928 | +€1,928 | |
| Gross operating margin | 9900 | €33,051 | €78,703 | +€45,652 | +138.1% |
| Operating profit (loss) | 9901 | -€18,353 | €25,602 | +€43,954 | |
| Financial income | 75/76B | €801 | €0 | -€801 | -100.0% |
| Recurring financial income | 75 | €801 | €0 | -€801 | -100.0% |
| Financial charges | 65/66B | €158 | -€2 | -€160 | |
| Recurring financial charges | 65 | €158 | -€2 | -€160 | |
| Profit (loss) for the period before taxes | 9903 | -€17,710 | €25,604 | +€43,314 | |
| Income taxes | 67/77 | €0 | €2,447 | +€2,447 | |
| Profit (loss) for the period | 9904 | -€17,710 | €23,157 | +€40,867 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,710 | €23,157 | +€40,867 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.