InWerkin: 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.
InWerkin
Largest movements
- Current investments -€49,719
down €49,719 (-99.9%), from €49,755 to €36
- Receivables within one year +€45,746
up €45,746 (+10.5%), from €437,286 to €483,032
of which Other amounts receivable: +€43,977
- Cash -€8,641
no longer reported in 2025 (was €8,641)
mainly Receivables within one year (-€45,746) and Accrued charges and deferred income (-€20,000)
- Accrued charges and deferred income -€20,000
down €20,000 (-33.3%), from €60,000 to €40,000
- Reserves +€17,426
up €17,426 (+4.5%), from €388,233 to €405,658
of which Distributable reserves: +€17,426
- Current portion of long-term debt -€12,783
down €12,783 (-40.9%), from €31,218 to €18,435
- Debts after one year -€10,435
down €10,435 (-3.6%), from €293,455 to €283,020
of which Financial debts: -€10,435
- Gross operating margin -€14,696
down €14,696 (-20.7%), from €70,945 to €56,250
- Taxes -€4,399
down €4,399 (-28.9%), from €15,218 to €10,819
- Financial income +€2,057
up €2,057 (+137%), from €1,498 to €3,555
- Other operating charges +€1,364
up €1,364 (+170%), from €801 to €2,165
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 | €796,594 | €773,663 | -€22,931 | -2.9% |
| Fixed assets | 21/28 | €263,228 | €258,231 | -€4,997 | -1.9% |
| Tangible fixed assets | 22/27 | €214,135 | €209,138 | -€4,997 | -2.3% |
| Land and buildings | 22 | €198,918 | €188,396 | -€10,523 | -5.3% |
| Plant, machinery and equipment | 23 | €2,618 | €11,204 | +€8,587 | +328% |
| Furniture and vehicles | 24 | €11,086 | €8,026 | -€3,061 | -27.6% |
| Other tangible fixed assets | 26 | €1,513 | €1,513 | = | 0.0% |
| Financial fixed assets | 28 | €49,093 | €49,093 | = | 0.0% |
| Current assets | 29/58 | €533,366 | €515,432 | -€17,934 | -3.4% |
| Amounts receivable after more than one year | 29 | €35,425 | €30,425 | -€5,000 | -14.1% |
| Other amounts receivable | 291 | €35,425 | €30,425 | -€5,000 | -14.1% |
| Amounts receivable within one year | 40/41 | €437,286 | €483,032 | +€45,746 | +10.5% |
| Trade receivables | 40 | €22,772 | €24,541 | +€1,769 | +7.8% |
| Other amounts receivable | 41 | €414,513 | €458,491 | +€43,977 | +10.6% |
| Current investments | 50/53 | €49,755 | €36 | -€49,719 | -99.9% |
| Cash at bank and in hand | 54/58 | €8,641 | - | -€8,641 | |
| Deferred charges and accrued income | 490/1 | €2,259 | €1,940 | -€320 | -14.2% |
| Total equity and liabilities | 10/49 | €796,594 | €773,663 | -€22,931 | -2.9% |
| Equity | 10/15 | €394,433 | €411,858 | +€17,426 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €388,233 | €405,658 | +€17,426 | +4.5% |
| 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 | €386,373 | €403,798 | +€17,426 | +4.5% |
| Amounts payable | 17/49 | €402,161 | €361,805 | -€40,356 | -10.0% |
| Amounts payable after more than one year | 17 | €293,455 | €283,020 | -€10,435 | -3.6% |
| Financial debts | 170/4 | €290,155 | €279,720 | -€10,435 | -3.6% |
| Other amounts payable | 178/9 | €3,300 | €3,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,706 | €38,785 | -€9,922 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €31,218 | €18,435 | -€12,783 | -40.9% |
| Financial debts | 43 | €291 | €1,633 | +€1,342 | +461% |
| Credit institutions | 430/8 | €291 | €1,633 | +€1,342 | +461% |
| Trade debts | 44 | €54 | €3,668 | +€3,615 | +6,744% |
| Suppliers | 440/4 | €54 | €3,668 | +€3,615 | +6,744% |
| Taxes, remuneration and social security | 45 | €15,426 | €13,382 | -€2,044 | -13.2% |
| Taxes | 450/3 | €15,426 | €13,382 | -€2,044 | -13.2% |
| Other amounts payable | 47/48 | €1,718 | €1,666 | -€52 | -3.0% |
| Accrued charges and deferred income | 492/3 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,904 | €16,063 | +€159 | +1.0% |
| Other operating charges | 640/8 | €801 | €2,165 | +€1,364 | +170% |
| Gross operating margin | 9900 | €70,945 | €56,250 | -€14,696 | -20.7% |
| Operating profit (loss) | 9901 | €54,240 | €38,021 | -€16,219 | -29.9% |
| Financial income | 75/76B | €1,498 | €3,555 | +€2,057 | +137% |
| Recurring financial income | 75 | €1,498 | €3,555 | +€2,057 | +137% |
| Financial charges | 65/66B | €11,280 | €11,666 | +€386 | +3.4% |
| Recurring financial charges | 65 | €11,280 | €11,666 | +€386 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €44,458 | €29,910 | -€14,548 | -32.7% |
| Income taxes | 67/77 | €15,218 | €10,819 | -€4,399 | -28.9% |
| Profit (loss) for the period | 9904 | €29,240 | €19,092 | -€10,148 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,240 | €19,092 | -€10,148 | -34.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.