It Workx: 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.
It Workx
Largest movements
- Cash +€27,022
up €27,022 (+208%), from €13,020 to €40,042
mainly Net result for the year (+€15,815) and Depreciation (+€12,098)
- Tangible fixed assets -€9,627
down €9,627 (-28.1%), from €34,273 to €24,646
of which Furniture and vehicles: -€8,307
- Reserves +€8,398
up €8,398 (+1,594%), from €527 to €8,925
- Tax, wage and social debts +€8,386
up €8,386 (+2,557%), from €328 to €8,714
- Profit (loss) carried forward +€7,417
no longer reported in 2025 (was -€7,417)
- Other debts -€3,795
down €3,795 (-10.5%), from €36,119 to €32,324
- Trade debts -€2,076
down €2,076 (-67.9%), from €3,059 to €983
- Turnover +€104,974
new in 2025: €104,974
- Purchases and services +€72,815
new in 2025: €72,815
- Gross operating margin +€20,029
up €20,029 (+140%), from €14,314 to €34,343
- Depreciation +€6,955
up €6,955 (+135%), from €5,143 to €12,098
- Taxes +€5,875
up €5,875 (+2,331%), from €252 to €6,127
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 | €51,216 | €69,546 | +€18,330 | +35.8% |
| Fixed assets | 21/28 | €34,273 | €24,646 | -€9,627 | -28.1% |
| Tangible fixed assets | 22/27 | €34,273 | €24,646 | -€9,627 | -28.1% |
| Plant, machinery and equipment | 23 | €887 | €2,059 | +€1,172 | +132% |
| Furniture and vehicles | 24 | €16,268 | €7,961 | -€8,307 | -51.1% |
| Other tangible fixed assets | 26 | €17,118 | €14,626 | -€2,492 | -14.6% |
| Current assets | 29/58 | €16,943 | €44,900 | +€27,957 | +165% |
| Stocks and contracts in progress | 3 | €329 | €733 | +€404 | +123% |
| Stocks | 30/36 | €329 | €733 | +€404 | +123% |
| Amounts receivable within one year | 40/41 | €2,354 | €2,830 | +€476 | +20.2% |
| Trade receivables | 40 | €2,354 | €2,830 | +€476 | +20.2% |
| Cash at bank and in hand | 54/58 | €13,020 | €40,042 | +€27,022 | +208% |
| Deferred charges and accrued income | 490/1 | €1,240 | €1,295 | +€55 | +4.4% |
| Total equity and liabilities | 10/49 | €51,216 | €69,546 | +€18,330 | +35.8% |
| Equity | 10/15 | €11,710 | €27,525 | +€15,815 | +135% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €527 | €8,925 | +€8,398 | +1,594% |
| Distributable reserves | 133 | €527 | €8,925 | +€8,398 | +1,594% |
| Profit (loss) carried forward | 14 | -€7,417 | - | +€7,417 | |
| Amounts payable | 17/49 | €39,506 | €42,021 | +€2,515 | +6.4% |
| Amounts payable within one year | 42/48 | €39,506 | €42,021 | +€2,515 | +6.4% |
| Trade debts | 44 | €3,059 | €983 | -€2,076 | -67.9% |
| Suppliers | 440/4 | €3,059 | €983 | -€2,076 | -67.9% |
| Taxes, remuneration and social security | 45 | €328 | €8,714 | +€8,386 | +2,557% |
| Taxes | 450/3 | €328 | €8,714 | +€8,386 | +2,557% |
| Other amounts payable | 47/48 | €36,119 | €32,324 | -€3,795 | -10.5% |
| Turnover | 70 | - | €104,974 | +€104,974 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €72,815 | +€72,815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,143 | €12,098 | +€6,955 | +135% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €14,314 | €34,343 | +€20,029 | +140% |
| Operating profit (loss) | 9901 | €8,784 | €22,245 | +€13,461 | +153% |
| Financial income | 75/76B | €962 | €10 | -€952 | -99.0% |
| Recurring financial income | 75 | €962 | €10 | -€952 | -99.0% |
| Financial charges | 65/66B | €77 | €313 | +€236 | +306% |
| Recurring financial charges | 65 | €77 | €313 | +€236 | +306% |
| Profit (loss) for the period before taxes | 9903 | €9,669 | €21,942 | +€12,273 | +127% |
| Income taxes | 67/77 | €252 | €6,127 | +€5,875 | +2,331% |
| Profit (loss) for the period | 9904 | €9,417 | €15,815 | +€6,398 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,417 | €15,815 | +€6,398 | +67.9% |
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 26 October 2026 via checked.be.