M-WORKZ: 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.
M-WORKZ
Largest movements
- Tangible fixed assets +€40,348
up €40,348 (+574.2%), from €7,027 to €47,375
of which Furniture and vehicles: +€37,883
- Cash +€28,947
up €28,947 (+479.3%), from €6,039 to €34,986
mainly Debts after one year (+€26,903) and Trade debts (+€18,415)
- Receivables within one year -€7,466
down €7,466 (-31.1%), from €24,015 to €16,548
of which Trade receivables: -€15,454
- Financial fixed assets +€3,893
new in 2025: €3,893
- Deferred charges and accrued income +€2,486
up €2,486 (+11455.9%), from €22 to €2,508
- Debts after one year +€26,903
new in 2025: €26,903
- Trade debts +€18,415
new in 2025: €18,415
- Reserves +€11,629
up €11,629 (+51.8%), from €22,470 to €34,099
- Current portion of long-term debt +€9,061
new in 2025: €9,061
- Short-term financial debts +€3,500
new in 2025: €3,500
- Turnover -€241,068
no longer reported in 2025 (was €241,068)
- Purchases and services -€206,522
no longer reported in 2025 (was €206,522)
- Depreciation +€8,005
up €8,005 (+336.8%), from €2,377 to €10,382
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 | €37,102 | €105,310 | +€68,208 | +183.8% |
| Fixed assets | 21/28 | €7,027 | €51,268 | +€44,242 | +629.6% |
| Tangible fixed assets | 22/27 | €7,027 | €47,375 | +€40,348 | +574.2% |
| Plant, machinery and equipment | 23 | €1,648 | €4,114 | +€2,466 | +149.6% |
| Furniture and vehicles | 24 | €5,379 | €43,261 | +€37,883 | +704.3% |
| Financial fixed assets | 28 | - | €3,893 | +€3,893 | |
| Current assets | 29/58 | €30,075 | €54,042 | +€23,967 | +79.7% |
| Amounts receivable within one year | 40/41 | €24,015 | €16,548 | -€7,466 | -31.1% |
| Trade receivables | 40 | €22,099 | €6,645 | -€15,454 | -69.9% |
| Other amounts receivable | 41 | €1,916 | €9,903 | +€7,988 | +417.0% |
| Cash at bank and in hand | 54/58 | €6,039 | €34,986 | +€28,947 | +479.3% |
| Deferred charges and accrued income | 490/1 | €22 | €2,508 | +€2,486 | +11455.9% |
| Total equity and liabilities | 10/49 | €37,102 | €105,310 | +€68,208 | +183.8% |
| Equity | 10/15 | €24,970 | €36,599 | +€11,629 | +46.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,470 | €34,099 | +€11,629 | +51.8% |
| Distributable reserves | 133 | €22,470 | €34,099 | +€11,629 | +51.8% |
| Amounts payable | 17/49 | €12,131 | €68,711 | +€56,580 | +466.4% |
| Amounts payable after more than one year | 17 | - | €26,903 | +€26,903 | |
| Financial debts | 170/4 | - | €26,903 | +€26,903 | |
| Amounts payable within one year | 42/48 | €12,131 | €41,808 | +€29,677 | +244.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,061 | +€9,061 | |
| Financial debts | 43 | - | €3,500 | +€3,500 | |
| Credit institutions | 430/8 | - | €3,500 | +€3,500 | |
| Trade debts | 44 | - | €18,415 | +€18,415 | |
| Suppliers | 440/4 | - | €18,415 | +€18,415 | |
| Taxes, remuneration and social security | 45 | €10,520 | €8,795 | -€1,725 | -16.4% |
| Taxes | 450/3 | €8,728 | €6,595 | -€2,133 | -24.4% |
| Remuneration and social security | 454/9 | €1,792 | €2,200 | +€408 | +22.7% |
| Other amounts payable | 47/48 | €1,611 | €2,038 | +€427 | +26.5% |
| Turnover | 70 | €241,068 | - | -€241,068 | |
| Goods, raw materials, services and sundry goods | 60/61 | €206,522 | - | -€206,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,377 | €10,382 | +€8,005 | +336.8% |
| Other operating charges | 640/8 | €328 | €2,048 | +€1,720 | +523.9% |
| Gross operating margin | 9900 | €34,547 | €33,468 | -€1,079 | -3.1% |
| Operating profit (loss) | 9901 | €31,842 | €21,038 | -€10,803 | -33.9% |
| Financial income | 75/76B | - | €81 | +€81 | |
| Recurring financial income | 75 | - | €81 | +€81 | |
| Financial charges | 65/66B | €644 | €3,046 | +€2,402 | +373.2% |
| Recurring financial charges | 65 | €644 | €3,046 | +€2,402 | +373.2% |
| Profit (loss) for the period before taxes | 9903 | €31,198 | €18,074 | -€13,124 | -42.1% |
| Income taxes | 67/77 | €8,728 | €6,445 | -€2,283 | -26.2% |
| Profit (loss) for the period | 9904 | €22,470 | €11,629 | -€10,842 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,470 | €11,629 | -€10,842 | -48.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.