Koworker: 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.
Koworker
Largest movements
- Cash +€41,541
up €41,541 (+1233.0%), from €3,369 to €44,910
mainly Depreciation (+€42,704) and Debts after one year (+€33,073)
- Receivables within one year -€31,538
down €31,538 (-22.4%), from €140,835 to €109,297
of which Other amounts receivable: -€23,161
- Tangible fixed assets +€29,230
up €29,230 (+14.4%), from €202,661 to €231,891
of which Furniture and vehicles: +€60,482
- Debts after one year +€33,073
up €33,073 (+29.1%), from €113,490 to €146,563
- Trade debts -€22,761
down €22,761 (-92.3%), from €24,647 to €1,886
- Reserves +€16,389
up €16,389 (+14.8%), from €110,896 to €127,285
of which Distributable reserves: +€16,389
- Other debts +€12,282
up €12,282 (+22.0%), from €55,834 to €68,116
- Tax, wage and social debts -€8,560
down €8,560 (-79.7%), from €10,746 to €2,186
- Gross operating margin +€30,314
up €30,314 (+58.1%), from €52,203 to €82,518
- Depreciation +€10,371
up €10,371 (+32.1%), from €32,333 to €42,704
- Taxes +€4,797
up €4,797 (+150.2%), from €3,195 to €7,992
- Financial charges +€2,132
up €2,132 (+30.4%), from €7,008 to €9,140
- Financial income -€1,054
down €1,054 (-63.5%), from €1,659 to €606
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 | €350,140 | €390,000 | +€39,861 | +11.4% |
| Fixed assets | 21/28 | €202,661 | €231,891 | +€29,230 | +14.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €202,661 | €231,891 | +€29,230 | +14.4% |
| Land and buildings | 22 | €198,825 | €168,336 | -€30,489 | -15.3% |
| Plant, machinery and equipment | 23 | €1,071 | €307 | -€764 | -71.3% |
| Furniture and vehicles | 24 | €2,765 | €63,248 | +€60,482 | +2187.1% |
| Current assets | 29/58 | €147,479 | €158,110 | +€10,630 | +7.2% |
| Amounts receivable within one year | 40/41 | €140,835 | €109,297 | -€31,538 | -22.4% |
| Trade receivables | 40 | €97,561 | €89,184 | -€8,377 | -8.6% |
| Other amounts receivable | 41 | €43,274 | €20,113 | -€23,161 | -53.5% |
| Cash at bank and in hand | 54/58 | €3,369 | €44,910 | +€41,541 | +1233.0% |
| Deferred charges and accrued income | 490/1 | €3,275 | €3,902 | +€628 | +19.2% |
| Total equity and liabilities | 10/49 | €350,140 | €390,000 | +€39,861 | +11.4% |
| Equity | 10/15 | €117,096 | €133,485 | +€16,389 | +14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €110,896 | €127,285 | +€16,389 | +14.8% |
| 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 | €109,036 | €125,425 | +€16,389 | +15.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €233,044 | €256,515 | +€23,471 | +10.1% |
| Amounts payable after more than one year | 17 | €113,490 | €146,563 | +€33,073 | +29.1% |
| Financial debts | 170/4 | €113,490 | €146,563 | +€33,073 | +29.1% |
| Amounts payable within one year | 42/48 | €119,387 | €106,884 | -€12,503 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €28,161 | €34,696 | +€6,535 | +23.2% |
| Trade debts | 44 | €24,647 | €1,886 | -€22,761 | -92.3% |
| Suppliers | 440/4 | €24,647 | €1,886 | -€22,761 | -92.3% |
| Taxes, remuneration and social security | 45 | €10,746 | €2,186 | -€8,560 | -79.7% |
| Taxes | 450/3 | €10,746 | €2,186 | -€8,560 | -79.7% |
| Other amounts payable | 47/48 | €55,834 | €68,116 | +€12,282 | +22.0% |
| Accrued charges and deferred income | 492/3 | €166 | €3,068 | +€2,902 | +1743.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,333 | €42,704 | +€10,371 | +32.1% |
| Other operating charges | 640/8 | €5,187 | €5,232 | +€45 | +0.9% |
| Gross operating margin | 9900 | €52,203 | €82,518 | +€30,314 | +58.1% |
| Operating profit (loss) | 9901 | €14,684 | €34,582 | +€19,898 | +135.5% |
| Financial income | 75/76B | €1,659 | €606 | -€1,054 | -63.5% |
| Recurring financial income | 75 | €1,659 | €606 | -€1,054 | -63.5% |
| Financial charges | 65/66B | €7,008 | €9,140 | +€2,132 | +30.4% |
| Recurring financial charges | 65 | €7,008 | €9,140 | +€2,132 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €9,335 | €26,048 | +€16,712 | +179.0% |
| Income taxes | 67/77 | €3,195 | €7,992 | +€4,797 | +150.2% |
| Profit (loss) for the period | 9904 | €6,141 | €18,055 | +€11,915 | +194.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,141 | €18,055 | +€11,915 | +194.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.