MasterWorx: 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.
MasterWorx
Largest movements
- Receivables within one year +€41
up €41 (+3.0%), from €1,366 to €1,407
of which Other amounts receivable: +€41
- Trade debts +€981
up €981 (+1724.4%), from €57 to €1,038
- Profit (loss) carried forward -€940
down €940 (-4.2%), from -€22,452 to -€23,392
- Financial charges -€299
down €299 (-100.0%), from €299 to €0
- Gross operating margin -€179
down €179 (-25.7%), from -€695 to -€874
- Other operating charges -€62
down €62 (-48.4%), from €127 to €66
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,366 | €1,407 | +€41 | +3.0% |
| Current assets | 29/58 | €1,366 | €1,407 | +€41 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,366 | €1,407 | +€41 | +3.0% |
| Trade receivables | 40 | €1,109 | €1,109 | = | 0.0% |
| Other amounts receivable | 41 | €257 | €298 | +€41 | +15.9% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,366 | €1,407 | +€41 | +3.0% |
| Equity | 10/15 | -€12,848 | -€13,788 | -€940 | -7.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €9,104 | €9,104 | = | 0.0% |
| Distributable reserves | 133 | €9,104 | €9,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,452 | -€23,392 | -€940 | -4.2% |
| Amounts payable | 17/49 | €14,214 | €15,195 | +€981 | +6.9% |
| Amounts payable within one year | 42/48 | €14,214 | €15,195 | +€981 | +6.9% |
| Trade debts | 44 | €57 | €1,038 | +€981 | +1724.4% |
| Suppliers | 440/4 | €57 | €1,038 | +€981 | +1724.4% |
| Other amounts payable | 47/48 | €14,157 | €14,157 | = | 0.0% |
| Other operating charges | 640/8 | €127 | €66 | -€62 | -48.4% |
| Gross operating margin | 9900 | -€695 | -€874 | -€179 | -25.7% |
| Operating profit (loss) | 9901 | -€823 | -€940 | -€117 | -14.2% |
| Financial charges | 65/66B | €299 | €0 | -€299 | -100.0% |
| Recurring financial charges | 65 | €299 | €0 | -€299 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,122 | -€940 | +€182 | +16.2% |
| Profit (loss) for the period | 9904 | -€1,122 | -€940 | +€182 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,122 | -€940 | +€182 | +16.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.