INTERWORKS TRANS: 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.
INTERWORKS TRANS
Largest movements
- Receivables within one year +€246,527
up €246,527 (+27.3%), from €904,395 to €1.2m
of which Trade receivables: +€178,036
- Cash -€241,668
down €241,668 (-39.6%), from €609,618 to €367,950
mainly Investment in fixed assets (net) (-€254,111) and Receivables within one year (-€246,527)
- Tangible fixed assets +€68,349
up €68,349 (+14.3%), from €478,409 to €546,758
of which Furniture and vehicles: +€72,649
- Receivables after one year -€40,256
no longer reported in 2025 (was €40,256)
- Trade debts -€216,840
down €216,840 (-41.2%), from €526,263 to €309,423
of which Suppliers: -€285,684
- Other debts +€198,429
up €198,429 (+235189.4%), from €84 to €198,514
- Reserves -€88,667
down €88,667 (-7.8%), from €1.1m to €1.1m
of which Distributable reserves: -€88,667
- Current portion of long-term debt +€71,280
up €71,280 (+178.2%), from €40,000 to €111,280
- Tax, wage and social debts +€47,381
up €47,381 (+34.7%), from €136,356 to €183,737
of which Remuneration and social security: +€41,615
- Gross operating margin +€602,387
up €602,387 (+35.0%), from €1.7m to €2.3m
- Staff costs +€407,210
up €407,210 (+28.8%), from €1.4m to €1.8m
- Depreciation +€84,631
up €84,631 (+83.7%), from €101,131 to €185,762
- Financial charges +€47,055
up €47,055 (+102.0%), from €46,152 to €93,207
- Taxes +€34,157
up €34,157 (+75.4%), from €45,283 to €79,440
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 | €2,039,853 | €2,073,548 | +€33,695 | +1.7% |
| Fixed assets | 21/28 | €479,909 | €548,258 | +€68,349 | +14.2% |
| Tangible fixed assets | 22/27 | €478,409 | €546,758 | +€68,349 | +14.3% |
| Land and buildings | 22 | €103,500 | €96,750 | -€6,750 | -6.5% |
| Plant, machinery and equipment | 23 | €142,996 | €145,446 | +€2,450 | +1.7% |
| Furniture and vehicles | 24 | €231,913 | €304,562 | +€72,649 | +31.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,559,944 | €1,525,290 | -€34,654 | -2.2% |
| Amounts receivable after more than one year | 29 | €40,256 | - | -€40,256 | |
| Other amounts receivable | 291 | €40,256 | - | -€40,256 | |
| Amounts receivable within one year | 40/41 | €904,395 | €1,150,922 | +€246,527 | +27.3% |
| Trade receivables | 40 | €703,291 | €881,327 | +€178,036 | +25.3% |
| Other amounts receivable | 41 | €201,104 | €269,596 | +€68,492 | +34.1% |
| Cash at bank and in hand | 54/58 | €609,618 | €367,950 | -€241,668 | -39.6% |
| Deferred charges and accrued income | 490/1 | €5,675 | €6,418 | +€743 | +13.1% |
| Total equity and liabilities | 10/49 | €2,039,853 | €2,073,548 | +€33,695 | +1.7% |
| Equity | 10/15 | €1,206,556 | €1,117,888 | -€88,667 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,143,552 | €1,054,885 | -€88,667 | -7.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,141,692 | €1,053,025 | -€88,667 | -7.8% |
| Profit (loss) carried forward | 14 | €44,404 | €44,404 | = | 0.0% |
| Amounts payable | 17/49 | €833,297 | €955,659 | +€122,362 | +14.7% |
| Amounts payable after more than one year | 17 | €130,594 | €152,613 | +€22,019 | +16.9% |
| Financial debts | 170/4 | €130,594 | €152,613 | +€22,019 | +16.9% |
| Amounts payable within one year | 42/48 | €702,703 | €802,954 | +€100,251 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €111,280 | +€71,280 | +178.2% |
| Trade debts | 44 | €526,263 | €309,423 | -€216,840 | -41.2% |
| Suppliers | 440/4 | €526,263 | €240,578 | -€285,684 | -54.3% |
| Bills of exchange payable | 441 | - | €68,845 | +€68,845 | |
| Taxes, remuneration and social security | 45 | €136,356 | €183,737 | +€47,381 | +34.7% |
| Taxes | 450/3 | €12,311 | €18,076 | +€5,765 | +46.8% |
| Remuneration and social security | 454/9 | €124,045 | €165,661 | +€41,615 | +33.5% |
| Other amounts payable | 47/48 | €84 | €198,514 | +€198,429 | +235189.4% |
| Accrued charges and deferred income | 492/3 | - | €92 | +€92 | |
| Remuneration, social security and pensions | 62 | €1,415,464 | €1,822,674 | +€407,210 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,131 | €185,762 | +€84,631 | +83.7% |
| Other operating charges | 640/8 | €53,131 | €30,902 | -€22,230 | -41.8% |
| Gross operating margin | 9900 | €1,720,164 | €2,322,552 | +€602,387 | +35.0% |
| Operating profit (loss) | 9901 | €150,438 | €283,214 | +€132,776 | +88.3% |
| Financial income | 75/76B | €13,732 | €9,728 | -€4,004 | -29.2% |
| Recurring financial income | 75 | €13,732 | €9,728 | -€4,004 | -29.2% |
| Financial charges | 65/66B | €46,152 | €93,207 | +€47,055 | +102.0% |
| Recurring financial charges | 65 | €46,152 | €93,207 | +€47,055 | +102.0% |
| Profit (loss) for the period before taxes | 9903 | €118,018 | €199,735 | +€81,717 | +69.2% |
| Income taxes | 67/77 | €45,283 | €79,440 | +€34,157 | +75.4% |
| Profit (loss) for the period | 9904 | €72,735 | €120,295 | +€47,559 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,735 | €120,295 | +€47,559 | +65.4% |
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 7 October 2026 via checked.be.