P-Works.org: 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.
P-Works.org
Largest movements
- Deferred charges and accrued income +€77,106
up €77,106 (+12,269%), from €628 to €77,734
- Receivables within one year +€42,946
up €42,946 (+68.7%), from €62,548 to €105,494
of which Trade receivables: +€43,172
- Cash +€15,489
up €15,489 (+97.9%), from €15,815 to €31,305
mainly Trade debts (+€82,415) and Net result for the year (+€24,677)
- Trade debts +€82,415
up €82,415 (+330%), from €24,947 to €107,361
- Profit (loss) carried forward +€24,677
up €24,677 (+76.5%), from €32,255 to €56,932
- Debts after one year +€12,500
new in 2025: €12,500
- Current portion of long-term debt +€12,500
new in 2025: €12,500
- Tax, wage and social debts +€3,523
up €3,523 (+18.3%), from €19,219 to €22,741
of which Remuneration and social security: +€3,398
- Depreciation +€844
up €844 (+34.1%), from €2,475 to €3,319
- Financial charges +€662
up €662 (+1,258%), from €53 to €714
- Gross operating margin -€636
down €636 (-1.7%), from €36,695 to €36,059
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 | €88,229 | €222,545 | +€134,317 | +152% |
| Fixed assets | 21/28 | €9,237 | €8,013 | -€1,224 | -13.3% |
| Intangible fixed assets | 21 | €3,079 | €1,507 | -€1,572 | -51.1% |
| Tangible fixed assets | 22/27 | €6,158 | €6,506 | +€348 | +5.7% |
| Plant, machinery and equipment | 23 | €357 | €264 | -€93 | -26.1% |
| Furniture and vehicles | 24 | €5,801 | €6,242 | +€441 | +7.6% |
| Current assets | 29/58 | €78,992 | €214,533 | +€135,541 | +172% |
| Amounts receivable within one year | 40/41 | €62,548 | €105,494 | +€42,946 | +68.7% |
| Trade receivables | 40 | €62,322 | €105,494 | +€43,172 | +69.3% |
| Other amounts receivable | 41 | €226 | - | -€226 | |
| Cash at bank and in hand | 54/58 | €15,815 | €31,305 | +€15,489 | +97.9% |
| Deferred charges and accrued income | 490/1 | €628 | €77,734 | +€77,106 | +12,269% |
| Total equity and liabilities | 10/49 | €88,229 | €222,545 | +€134,317 | +152% |
| Equity | 10/15 | €36,255 | €60,932 | +€24,677 | +68.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,255 | €56,932 | +€24,677 | +76.5% |
| Amounts payable | 17/49 | €51,974 | €161,613 | +€109,640 | +211% |
| Amounts payable after more than one year | 17 | - | €12,500 | +€12,500 | |
| Financial debts | 170/4 | - | €12,500 | +€12,500 | |
| Amounts payable within one year | 42/48 | €48,974 | €146,113 | +€97,140 | +198% |
| Current portion of amounts payable after more than one year | 42 | - | €12,500 | +€12,500 | |
| Trade debts | 44 | €24,947 | €107,361 | +€82,415 | +330% |
| Suppliers | 440/4 | €24,947 | €107,361 | +€82,415 | +330% |
| Taxes, remuneration and social security | 45 | €19,219 | €22,741 | +€3,523 | +18.3% |
| Taxes | 450/3 | €19,219 | €19,343 | +€124 | +0.6% |
| Remuneration and social security | 454/9 | - | €3,398 | +€3,398 | |
| Other amounts payable | 47/48 | €4,808 | €3,511 | -€1,298 | -27.0% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €3,319 | +€844 | +34.1% |
| Other operating charges | 640/8 | €560 | €695 | +€135 | +24.0% |
| Gross operating margin | 9900 | €36,695 | €36,059 | -€636 | -1.7% |
| Operating profit (loss) | 9901 | €33,659 | €32,045 | -€1,614 | -4.8% |
| Financial income | 75/76B | €14 | €2 | -€12 | -83.0% |
| Recurring financial income | 75 | €14 | €2 | -€12 | -83.0% |
| Financial charges | 65/66B | €53 | €714 | +€662 | +1,258% |
| Recurring financial charges | 65 | €53 | €714 | +€662 | +1,258% |
| Profit (loss) for the period before taxes | 9903 | €33,621 | €31,333 | -€2,288 | -6.8% |
| Income taxes | 67/77 | €6,953 | €6,656 | -€297 | -4.3% |
| Profit (loss) for the period | 9904 | €26,668 | €24,677 | -€1,991 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,668 | €24,677 | -€1,991 | -7.5% |
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 23 October 2026 via checked.be.