Oworckx: 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.
Oworckx
Largest movements
- Receivables within one year -€16,735
down €16,735 (-100%), from €16,735 to €0
of which Trade receivables: -€13,613
- Cash -€10,377
down €10,377 (-23.2%), from €44,720 to €34,343
mainly Contributions, distributions and other (-€35,000) and Investment in fixed assets (net) (-€14,835)
- Tangible fixed assets +€6,885
up €6,885 (+74.7%), from €9,217 to €16,102
of which Furniture and vehicles: +€8,443
- Profit (loss) carried forward -€18,728
down €18,728 (-78.8%), from €23,781 to €5,052
- Tax, wage and social debts -€6,499
down €6,499 (-67.4%), from €9,648 to €3,149
- Other debts +€5,658
up €5,658 (+17.8%), from €31,839 to €37,498
- Depreciation +€5,892
up €5,892 (+286%), from €2,058 to €7,950
- Taxes -€1,238
down €1,238 (-18.3%), from €6,762 to €5,524
- Other operating charges +€525
up €525 (+218%), from €241 to €766
- Financial charges -€422
down €422 (-69.2%), from €609 to €187
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.
Derived cash bridge
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 | €72,894 | €52,707 | -€20,187 | -27.7% |
| Fixed assets | 21/28 | €10,067 | €16,952 | +€6,885 | +68.4% |
| Tangible fixed assets | 22/27 | €9,217 | €16,102 | +€6,885 | +74.7% |
| Plant, machinery and equipment | 23 | €520 | €178 | -€342 | -65.8% |
| Furniture and vehicles | 24 | €499 | €8,942 | +€8,443 | +1,693% |
| Other tangible fixed assets | 26 | €8,199 | €6,982 | -€1,216 | -14.8% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €62,827 | €35,755 | -€27,072 | -43.1% |
| Amounts receivable within one year | 40/41 | €16,735 | €0 | -€16,735 | -100% |
| Trade receivables | 40 | €13,613 | €0 | -€13,613 | -100% |
| Other amounts receivable | 41 | €3,122 | €0 | -€3,122 | -100% |
| Cash at bank and in hand | 54/58 | €44,720 | €34,343 | -€10,377 | -23.2% |
| Deferred charges and accrued income | 490/1 | €1,372 | €1,412 | +€40 | +2.9% |
| Total equity and liabilities | 10/49 | €72,894 | €52,707 | -€20,187 | -27.7% |
| Equity | 10/15 | €29,781 | €11,052 | -€18,728 | -62.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,781 | €5,052 | -€18,728 | -78.8% |
| Amounts payable | 17/49 | €43,113 | €41,654 | -€1,459 | -3.4% |
| Amounts payable within one year | 42/48 | €43,113 | €41,654 | -€1,459 | -3.4% |
| Trade debts | 44 | €1,626 | €1,008 | -€618 | -38.0% |
| Suppliers | 440/4 | €1,626 | €1,008 | -€618 | -38.0% |
| Taxes, remuneration and social security | 45 | €9,648 | €3,149 | -€6,499 | -67.4% |
| Taxes | 450/3 | €9,648 | €3,149 | -€6,499 | -67.4% |
| Other amounts payable | 47/48 | €31,839 | €37,498 | +€5,658 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €7,950 | +€5,892 | +286% |
| Other operating charges | 640/8 | €241 | €766 | +€525 | +218% |
| Gross operating margin | 9900 | €30,678 | €30,699 | +€21 | +0.1% |
| Operating profit (loss) | 9901 | €28,379 | €21,983 | -€6,396 | -22.5% |
| Financial charges | 65/66B | €609 | €187 | -€422 | -69.2% |
| Recurring financial charges | 65 | €609 | €187 | -€422 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €27,770 | €21,796 | -€5,974 | -21.5% |
| Income taxes | 67/77 | €6,762 | €5,524 | -€1,238 | -18.3% |
| Profit (loss) for the period | 9904 | €21,007 | €16,272 | -€4,736 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,007 | €16,272 | -€4,736 | -22.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.