L'After 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.
L'After Work
Largest movements
- Tangible fixed assets -€5,346
down €5,346 (-60.8%), from €8,792 to €3,446
of which Plant, machinery and equipment: -€2,990
- Cash -€3,966
down €3,966 (-64.7%), from €6,134 to €2,168
mainly Other debts (-€20,026) and Stocks and contracts (-€2,289)
- Stocks and contracts +€2,289
up €2,289 (+111.1%), from €2,060 to €4,350
- Deferred charges and accrued income -€819
no longer reported in 2025 (was €819)
- Receivables within one year -€666
down €666 (-29.0%), from €2,299 to €1,633
of which Trade receivables: -€1,277
- Other debts -€20,026
down €20,026 (-25.9%), from €77,434 to €57,409
- Profit (loss) carried forward +€6,037
up €6,037 (+6.6%), from -€91,355 to -€85,318
- Tax, wage and social debts +€5,381
up €5,381 (+124.5%), from €4,323 to €9,705
of which Taxes: +€5,594
- Staff costs -€4,974
down €4,974 (-15.5%), from €32,105 to €27,131
- Gross operating margin -€4,356
down €4,356 (-9.4%), from €46,556 to €42,200
- Depreciation -€2,401
down €2,401 (-31.0%), from €7,747 to €5,346
- Other operating charges +€691
up €691 (+36.1%), from €1,913 to €2,604
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 | €20,104 | €11,597 | -€8,507 | -42.3% |
| Fixed assets | 21/28 | €8,792 | €3,446 | -€5,346 | -60.8% |
| Tangible fixed assets | 22/27 | €8,792 | €3,446 | -€5,346 | -60.8% |
| Plant, machinery and equipment | 23 | €4,598 | €1,609 | -€2,990 | -65.0% |
| Furniture and vehicles | 24 | €4,194 | €1,837 | -€2,356 | -56.2% |
| Current assets | 29/58 | €11,312 | €8,151 | -€3,161 | -27.9% |
| Stocks and contracts in progress | 3 | €2,060 | €4,350 | +€2,289 | +111.1% |
| Stocks | 30/36 | €2,060 | €4,350 | +€2,289 | +111.1% |
| Amounts receivable within one year | 40/41 | €2,299 | €1,633 | -€666 | -29.0% |
| Trade receivables | 40 | €1,277 | - | -€1,277 | |
| Other amounts receivable | 41 | €1,022 | €1,633 | +€611 | +59.8% |
| Cash at bank and in hand | 54/58 | €6,134 | €2,168 | -€3,966 | -64.7% |
| Deferred charges and accrued income | 490/1 | €819 | - | -€819 | |
| Total equity and liabilities | 10/49 | €20,104 | €11,597 | -€8,507 | -42.3% |
| Equity | 10/15 | -€71,355 | -€65,318 | +€6,037 | +8.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,355 | -€85,318 | +€6,037 | +6.6% |
| Amounts payable | 17/49 | €91,459 | €76,915 | -€14,544 | -15.9% |
| Amounts payable within one year | 42/48 | €91,459 | €76,915 | -€14,544 | -15.9% |
| Trade debts | 44 | €9,702 | €9,802 | +€100 | +1.0% |
| Suppliers | 440/4 | €9,702 | €9,802 | +€100 | +1.0% |
| Taxes, remuneration and social security | 45 | €4,323 | €9,705 | +€5,381 | +124.5% |
| Taxes | 450/3 | €631 | €6,225 | +€5,594 | +886.4% |
| Remuneration and social security | 454/9 | €3,692 | €3,479 | -€213 | -5.8% |
| Other amounts payable | 47/48 | €77,434 | €57,409 | -€20,026 | -25.9% |
| Remuneration, social security and pensions | 62 | €32,105 | €27,131 | -€4,974 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,747 | €5,346 | -€2,401 | -31.0% |
| Other operating charges | 640/8 | €1,913 | €2,604 | +€691 | +36.1% |
| Gross operating margin | 9900 | €46,556 | €42,200 | -€4,356 | -9.4% |
| Operating profit (loss) | 9901 | €4,792 | €7,120 | +€2,328 | +48.6% |
| Financial income | 75/76B | €21 | €2 | -€18 | -88.6% |
| Recurring financial income | 75 | €21 | €2 | -€18 | -88.6% |
| Financial charges | 65/66B | €1,166 | €1,079 | -€86 | -7.4% |
| Recurring financial charges | 65 | €1,166 | €1,079 | -€86 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €3,646 | €6,043 | +€2,396 | +65.7% |
| Income taxes | 67/77 | - | €6 | +€6 | |
| Profit (loss) for the period | 9904 | €3,646 | €6,037 | +€2,391 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,646 | €6,037 | +€2,391 | +65.6% |
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 5 October 2026 via checked.be.