MATCH@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.
MATCH@WORK
Largest movements
- Cash -€6,214
down €6,214 (-46.0%), from €13,509 to €7,295
mainly Other debts (-€7,937) and Debts after one year (-€3,212)
- Receivables within one year -€2,514
down €2,514 (-47.1%), from €5,343 to €2,829
of which Trade receivables: -€2,750
- Tangible fixed assets -€2,339
down €2,339 (-3.6%), from €65,596 to €63,257
of which Furniture and vehicles: -€2,339
- Other debts -€7,937
down €7,937 (-42.8%), from €18,559 to €10,622
- Debts after one year -€3,212
down €3,212 (-100.0%), from €3,212 to €0
- Gross operating margin -€11,411
down €11,411 (-68.7%), from €16,613 to €5,202
- Depreciation -€2,404
down €2,404 (-50.7%), from €4,743 to €2,339
- Taxes -€1,209
down €1,209 (-61.1%), from €1,979 to €770
- Financial charges -€244
down €244 (-28.3%), from €862 to €618
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 | €88,472 | €76,728 | -€11,744 | -13.3% |
| Fixed assets | 21/28 | €65,596 | €63,257 | -€2,339 | -3.6% |
| Tangible fixed assets | 22/27 | €65,596 | €63,257 | -€2,339 | -3.6% |
| Land and buildings | 22 | €59,758 | €59,758 | = | 0.0% |
| Furniture and vehicles | 24 | €5,837 | €3,499 | -€2,339 | -40.1% |
| Current assets | 29/58 | €22,877 | €13,471 | -€9,405 | -41.1% |
| Amounts receivable within one year | 40/41 | €5,343 | €2,829 | -€2,514 | -47.1% |
| Trade receivables | 40 | €5,343 | €2,593 | -€2,750 | -51.5% |
| Other amounts receivable | 41 | - | €236 | +€236 | |
| Cash at bank and in hand | 54/58 | €13,509 | €7,295 | -€6,214 | -46.0% |
| Deferred charges and accrued income | 490/1 | €4,025 | €3,347 | -€677 | -16.8% |
| Total equity and liabilities | 10/49 | €88,472 | €76,728 | -€11,744 | -13.3% |
| Equity | 10/15 | €51,699 | €51,746 | +€47 | +0.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €39,099 | €39,146 | +€47 | +0.1% |
| Distributable reserves | 133 | €39,099 | €39,146 | +€47 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €36,773 | €24,982 | -€11,791 | -32.1% |
| Amounts payable after more than one year | 17 | €3,212 | €0 | -€3,212 | -100.0% |
| Financial debts | 170/4 | €3,212 | €0 | -€3,212 | -100.0% |
| Amounts payable within one year | 42/48 | €33,561 | €24,982 | -€8,579 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €3,063 | €3,212 | +€149 | +4.9% |
| Trade debts | 44 | €3,959 | €3,801 | -€157 | -4.0% |
| Suppliers | 440/4 | €3,959 | €3,801 | -€157 | -4.0% |
| Taxes, remuneration and social security | 45 | €7,981 | €7,346 | -€634 | -7.9% |
| Taxes | 450/3 | €7,981 | €5,346 | -€2,634 | -33.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €18,559 | €10,622 | -€7,937 | -42.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,743 | €2,339 | -€2,404 | -50.7% |
| Other operating charges | 640/8 | €1,486 | €1,452 | -€34 | -2.3% |
| Gross operating margin | 9900 | €16,613 | €5,202 | -€11,411 | -68.7% |
| Operating profit (loss) | 9901 | €10,384 | €1,412 | -€8,972 | -86.4% |
| Financial income | 75/76B | €174 | €23 | -€151 | -86.8% |
| Recurring financial income | 75 | €174 | €23 | -€151 | -86.8% |
| Financial charges | 65/66B | €862 | €618 | -€244 | -28.3% |
| Recurring financial charges | 65 | €862 | €618 | -€244 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €9,696 | €817 | -€8,879 | -91.6% |
| Income taxes | 67/77 | €1,979 | €770 | -€1,209 | -61.1% |
| Profit (loss) for the period | 9904 | €7,717 | €47 | -€7,670 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,717 | €47 | -€7,670 | -99.4% |
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 29 September 2026 via checked.be.