INTERNATIONALS@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.
INTERNATIONALS@WORK
Largest movements
- Cash +€9,167
up €9,167 (+68.7%), from €13,352 to €22,519
mainly Other debts (+€13,663) and Net result for the year (+€12,472)
- Financial fixed assets +€3,261
up €3,261 (+102%), from €3,189 to €6,450
- Tangible fixed assets -€2,696
down €2,696 (-70.1%), from €3,844 to €1,148
of which Furniture and vehicles: -€2,446
- Receivables within one year -€2,351
down €2,351 (-6.6%), from €35,721 to €33,370
of which Trade receivables: -€10,249
- Other debts +€13,663
up €13,663 (+315%), from €4,337 to €18,000
- Trade debts -€12,552
down €12,552 (-73.3%), from €17,129 to €4,577
- Tax, wage and social debts +€11,537
up €11,537 (+148%), from €7,790 to €19,327
of which Taxes: +€8,429
- Reserves -€5,528
down €5,528 (-25.9%), from €21,372 to €15,844
- Gross operating margin +€32,242
up €32,242 (+223%), from €14,426 to €46,668
- Staff costs +€14,993
up €14,993 (+183%), from €8,178 to €23,171
- Taxes +€4,715
up €4,715 (+305%), from €1,547 to €6,262
- Financial charges +€1,185
up €1,185 (+472%), from €251 to €1,436
of which Non-recurring financial charges: +€599
- Other operating charges +€732
up €732 (+164%), from €446 to €1,178
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 | €57,628 | €64,748 | +€7,120 | +12.4% |
| Fixed assets | 21/28 | €7,658 | €7,948 | +€290 | +3.8% |
| Intangible fixed assets | 21 | €625 | €349 | -€276 | -44.1% |
| Tangible fixed assets | 22/27 | €3,844 | €1,148 | -€2,696 | -70.1% |
| Plant, machinery and equipment | 23 | €254 | €4 | -€250 | -98.4% |
| Furniture and vehicles | 24 | €3,590 | €1,144 | -€2,446 | -68.1% |
| Financial fixed assets | 28 | €3,189 | €6,450 | +€3,261 | +102% |
| Current assets | 29/58 | €49,970 | €56,801 | +€6,831 | +13.7% |
| Amounts receivable within one year | 40/41 | €35,721 | €33,370 | -€2,351 | -6.6% |
| Trade receivables | 40 | €35,721 | €25,472 | -€10,249 | -28.7% |
| Other amounts receivable | 41 | - | €7,898 | +€7,898 | |
| Cash at bank and in hand | 54/58 | €13,352 | €22,519 | +€9,167 | +68.7% |
| Deferred charges and accrued income | 490/1 | €897 | €911 | +€14 | +1.6% |
| Total equity and liabilities | 10/49 | €57,628 | €64,748 | +€7,120 | +12.4% |
| Equity | 10/15 | €28,372 | €22,844 | -€5,528 | -19.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €21,372 | €15,844 | -€5,528 | -25.9% |
| Distributable reserves | 133 | €21,372 | €15,844 | -€5,528 | -25.9% |
| Amounts payable | 17/49 | €29,256 | €41,904 | +€12,648 | +43.2% |
| Amounts payable within one year | 42/48 | €29,256 | €41,904 | +€12,648 | +43.2% |
| Trade debts | 44 | €17,129 | €4,577 | -€12,552 | -73.3% |
| Suppliers | 440/4 | €17,129 | €4,577 | -€12,552 | -73.3% |
| Taxes, remuneration and social security | 45 | €7,790 | €19,327 | +€11,537 | +148% |
| Taxes | 450/3 | €4,951 | €13,380 | +€8,429 | +170% |
| Remuneration and social security | 454/9 | €2,839 | €5,947 | +€3,108 | +109% |
| Other amounts payable | 47/48 | €4,337 | €18,000 | +€13,663 | +315% |
| Remuneration, social security and pensions | 62 | €8,178 | €23,171 | +€14,993 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,778 | €2,373 | -€405 | -14.6% |
| Other operating charges | 640/8 | €446 | €1,178 | +€732 | +164% |
| Gross operating margin | 9900 | €14,426 | €46,668 | +€32,242 | +223% |
| Operating profit (loss) | 9901 | €3,024 | €19,945 | +€16,921 | +560% |
| Financial income | 75/76B | - | €225 | +€225 | |
| Recurring financial income | 75 | - | €225 | +€225 | |
| Financial charges | 65/66B | €251 | €1,436 | +€1,185 | +472% |
| Recurring financial charges | 65 | €251 | €837 | +€586 | +233% |
| Non-recurring financial charges | 66B | - | €599 | +€599 | |
| Profit (loss) for the period before taxes | 9903 | €2,773 | €18,734 | +€15,961 | +576% |
| Income taxes | 67/77 | €1,547 | €6,262 | +€4,715 | +305% |
| Profit (loss) for the period | 9904 | €1,226 | €12,472 | +€11,246 | +917% |
| Profit (loss) for the period to be appropriated | 9905 | €1,226 | €12,472 | +€11,246 | +917% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.