IT@WORK: 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.
IT@WORK
Largest movements
- Cash -€5,622
down €5,622 (-95.5%), from €5,884 to €263
mainly Other debts (-€8,631) and Trade debts (-€321)
- Other debts -€8,631
down €8,631 (-9.0%), from €95,643 to €87,012
- Profit (loss) carried forward +€1,819
up €1,819 (+4.4%), from -€41,651 to -€39,832
- Gross operating margin +€8,785
up €8,785, from -€5,340 to €3,445
- Other operating charges +€760
up €760 (+176.2%), from €431 to €1,191
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 | €94,223 | €87,712 | -€6,511 | -6.9% |
| Fixed assets | 21/28 | €82,024 | €81,724 | -€300 | -0.4% |
| Tangible fixed assets | 22/27 | €82,024 | €81,724 | -€300 | -0.4% |
| Land and buildings | 22 | €81,124 | €81,124 | = | 0.0% |
| Other tangible fixed assets | 26 | €900 | €600 | -€300 | -33.3% |
| Current assets | 29/58 | €12,200 | €5,989 | -€6,211 | -50.9% |
| Amounts receivable within one year | 40/41 | €6,315 | €5,726 | -€589 | -9.3% |
| Trade receivables | 40 | €230 | €0 | -€230 | -100.0% |
| Other amounts receivable | 41 | €6,085 | €5,726 | -€359 | -5.9% |
| Cash at bank and in hand | 54/58 | €5,884 | €263 | -€5,622 | -95.5% |
| Total equity and liabilities | 10/49 | €94,223 | €87,712 | -€6,511 | -6.9% |
| Equity | 10/15 | -€2,474 | -€655 | +€1,819 | +73.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,977 | €32,977 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,977 | €32,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,651 | -€39,832 | +€1,819 | +4.4% |
| Amounts payable | 17/49 | €96,697 | €88,367 | -€8,330 | -8.6% |
| Amounts payable within one year | 42/48 | €96,697 | €87,746 | -€8,951 | -9.3% |
| Trade debts | 44 | €1,054 | €733 | -€321 | -30.4% |
| Suppliers | 440/4 | €1,054 | €733 | -€321 | -30.4% |
| Other amounts payable | 47/48 | €95,643 | €87,012 | -€8,631 | -9.0% |
| Accrued charges and deferred income | 492/3 | - | €622 | +€622 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €431 | €1,191 | +€760 | +176.2% |
| Gross operating margin | 9900 | -€5,340 | €3,445 | +€8,785 | |
| Operating profit (loss) | 9901 | -€6,071 | €1,954 | +€8,025 | |
| Financial income | 75/76B | €44 | €16 | -€28 | -64.0% |
| Recurring financial income | 75 | €44 | €16 | -€28 | -64.0% |
| Financial charges | 65/66B | €115 | €151 | +€36 | +31.4% |
| Recurring financial charges | 65 | €115 | €151 | +€36 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,142 | €1,819 | +€7,961 | |
| Profit (loss) for the period | 9904 | -€6,142 | €1,819 | +€7,961 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,142 | €1,819 | +€7,961 |
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 3 October 2026 via checked.be.