LiquidWorkx: 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.
LiquidWorkx
Largest movements
- Receivables within one year +€13,422
up €13,422 (+156.7%), from €8,567 to €21,989
of which Trade receivables: +€12,155
- Cash +€9,763
up €9,763 (+33.4%), from €29,211 to €38,975
mainly Net result for the year (+€19,706) and Depreciation (+€7,035)
- Tangible fixed assets -€5,172
down €5,172 (-19.5%), from €26,583 to €21,410
of which Leasing and similar rights: -€6,281
- Deferred charges and accrued income +€3,507
up €3,507 (+492.0%), from €713 to €4,219
- Reserves +€19,706
up €19,706 (+191.9%), from €10,269 to €29,976
- Debts after one year -€5,953
down €5,953 (-27.6%), from €21,596 to €15,643
- Tax, wage and social debts +€4,892
up €4,892 (+39.9%), from €12,266 to €17,158
of which Taxes: +€4,892
- Trade debts +€4,264
up €4,264 (+647.7%), from €658 to €4,923
- Other debts -€2,010
down €2,010 (-16.6%), from €12,125 to €10,115
- Gross operating margin +€13,226
up €13,226 (+47.7%), from €27,699 to €40,925
- Taxes +€3,309
up €3,309 (+45.4%), from €7,282 to €10,591
- Depreciation +€1,849
up €1,849 (+35.7%), from €5,186 to €7,035
- Other operating charges +€1,059
up €1,059 (+74.3%), from €1,424 to €2,483
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 | €65,611 | €86,767 | +€21,156 | +32.2% |
| Formation expenses | 20 | €476 | €113 | -€363 | -76.4% |
| Fixed assets | 21/28 | €26,644 | €21,472 | -€5,172 | -19.4% |
| Tangible fixed assets | 22/27 | €26,583 | €21,410 | -€5,172 | -19.5% |
| Furniture and vehicles | 24 | - | €1,109 | +€1,109 | |
| Leasing and similar rights | 25 | €26,583 | €20,302 | -€6,281 | -23.6% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €38,491 | €65,183 | +€26,691 | +69.3% |
| Amounts receivable within one year | 40/41 | €8,567 | €21,989 | +€13,422 | +156.7% |
| Trade receivables | 40 | €8,366 | €20,522 | +€12,155 | +145.3% |
| Other amounts receivable | 41 | €201 | €1,467 | +€1,266 | +631.1% |
| Cash at bank and in hand | 54/58 | €29,211 | €38,975 | +€9,763 | +33.4% |
| Deferred charges and accrued income | 490/1 | €713 | €4,219 | +€3,507 | +492.0% |
| Total equity and liabilities | 10/49 | €65,611 | €86,767 | +€21,156 | +32.2% |
| Equity | 10/15 | €13,269 | €32,976 | +€19,706 | +148.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,269 | €29,976 | +€19,706 | +191.9% |
| Distributable reserves | 133 | €10,269 | €29,976 | +€19,706 | +191.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €52,342 | €53,792 | +€1,449 | +2.8% |
| Amounts payable after more than one year | 17 | €21,596 | €15,643 | -€5,953 | -27.6% |
| Financial debts | 170/4 | €21,596 | €15,643 | -€5,953 | -27.6% |
| Amounts payable within one year | 42/48 | €30,746 | €38,149 | +€7,402 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €5,697 | €5,953 | +€255 | +4.5% |
| Trade debts | 44 | €658 | €4,923 | +€4,264 | +647.7% |
| Suppliers | 440/4 | €658 | €4,923 | +€4,264 | +647.7% |
| Taxes, remuneration and social security | 45 | €12,266 | €17,158 | +€4,892 | +39.9% |
| Taxes | 450/3 | €10,516 | €15,408 | +€4,892 | +46.5% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €12,125 | €10,115 | -€2,010 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,186 | €7,035 | +€1,849 | +35.7% |
| Other operating charges | 640/8 | €1,424 | €2,483 | +€1,059 | +74.3% |
| Gross operating margin | 9900 | €27,699 | €40,925 | +€13,226 | +47.7% |
| Operating profit (loss) | 9901 | €21,089 | €31,407 | +€10,318 | +48.9% |
| Financial charges | 65/66B | €1,149 | €1,110 | -€39 | -3.4% |
| Recurring financial charges | 65 | €1,149 | €1,110 | -€39 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €19,940 | €30,297 | +€10,358 | +51.9% |
| Income taxes | 67/77 | €7,282 | €10,591 | +€3,309 | +45.4% |
| Profit (loss) for the period | 9904 | €12,658 | €19,706 | +€7,048 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,658 | €19,706 | +€7,048 | +55.7% |
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.