PLAY WORKS: 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.
PLAY WORKS
Largest movements
- Current investments +€49,994
up €49,994 (+1,073%), from €4,659 to €54,654
- Tangible fixed assets -€13,693
down €13,693 (-15.3%), from €89,548 to €75,855
of which Furniture and vehicles: -€7,426
- Receivables within one year +€3,073
up €3,073 (+15.4%), from €19,942 to €23,015
of which Other amounts receivable: +€3,469
- Cash -€3,063
down €3,063 (-4.1%), from €75,164 to €72,101
mainly Current investments (-€49,994) and Trade debts (-€15,803)
- Deferred charges and accrued income +€2,474
new in 2025: €2,474
- Reserves +€35,000
up €35,000, from €0 to €35,000
- Trade debts -€15,803
down €15,803 (-93.8%), from €16,848 to €1,045
- Other debts +€11,266
up €11,266 (+27.3%), from €41,220 to €52,486
- Tax, wage and social debts +€11,094
up €11,094 (+67.4%), from €16,463 to €27,557
- Debts after one year -€5,184
down €5,184 (-59.1%), from €8,771 to €3,587
- Gross operating margin +€31,231
up €31,231 (+80.7%), from €38,721 to €69,952
- Taxes +€4,809
up €4,809 (+44.8%), from €10,727 to €15,536
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 | €190,614 | €229,398 | +€38,785 | +20.3% |
| Fixed assets | 21/28 | €90,848 | €77,155 | -€13,693 | -15.1% |
| Tangible fixed assets | 22/27 | €89,548 | €75,855 | -€13,693 | -15.3% |
| Land and buildings | 22 | €43,943 | €39,623 | -€4,321 | -9.8% |
| Plant, machinery and equipment | 23 | €1,343 | €1,470 | +€127 | +9.4% |
| Furniture and vehicles | 24 | €24,961 | €17,534 | -€7,426 | -29.8% |
| Other tangible fixed assets | 26 | €19,301 | €17,228 | -€2,074 | -10.7% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €99,765 | €152,244 | +€52,478 | +52.6% |
| Amounts receivable within one year | 40/41 | €19,942 | €23,015 | +€3,073 | +15.4% |
| Trade receivables | 40 | €19,942 | €19,545 | -€397 | -2.0% |
| Other amounts receivable | 41 | €0 | €3,469 | +€3,469 | |
| Current investments | 50/53 | €4,659 | €54,654 | +€49,994 | +1,073% |
| Cash at bank and in hand | 54/58 | €75,164 | €72,101 | -€3,063 | -4.1% |
| Deferred charges and accrued income | 490/1 | - | €2,474 | +€2,474 | |
| Total equity and liabilities | 10/49 | €190,614 | €229,398 | +€38,785 | +20.3% |
| Equity | 10/15 | €100,477 | €137,615 | +€37,138 | +37.0% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €0 | €35,000 | +€35,000 | |
| Non-distributable reserves | 130/1 | €0 | €35,000 | +€35,000 | |
| Reserves not available under the articles | 1311 | €0 | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | €86,217 | €88,355 | +€2,138 | +2.5% |
| Amounts payable | 17/49 | €90,136 | €91,783 | +€1,647 | +1.8% |
| Amounts payable after more than one year | 17 | €8,771 | €3,587 | -€5,184 | -59.1% |
| Financial debts | 170/4 | €8,771 | €3,587 | -€5,184 | -59.1% |
| Amounts payable within one year | 42/48 | €81,365 | €88,196 | +€6,830 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €6,834 | €7,107 | +€273 | +4.0% |
| Trade debts | 44 | €16,848 | €1,045 | -€15,803 | -93.8% |
| Suppliers | 440/4 | €16,848 | €1,045 | -€15,803 | -93.8% |
| Taxes, remuneration and social security | 45 | €16,463 | €27,557 | +€11,094 | +67.4% |
| Taxes | 450/3 | €16,463 | €27,557 | +€11,094 | +67.4% |
| Other amounts payable | 47/48 | €41,220 | €52,486 | +€11,266 | +27.3% |
| Non-recurring operating income | 76A | - | €3,770 | +€3,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,121 | €16,681 | +€561 | +3.5% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €38,721 | €69,952 | +€31,231 | +80.7% |
| Operating profit (loss) | 9901 | €22,600 | €53,170 | +€30,570 | +135% |
| Financial income | 75/76B | €450 | €464 | +€15 | +3.3% |
| Recurring financial income | 75 | €450 | €464 | +€15 | +3.3% |
| Financial charges | 65/66B | €1,012 | €961 | -€52 | -5.1% |
| Recurring financial charges | 65 | €1,012 | €961 | -€52 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €22,037 | €52,674 | +€30,637 | +139% |
| Income taxes | 67/77 | €10,727 | €15,536 | +€4,809 | +44.8% |
| Profit (loss) for the period | 9904 | €11,310 | €37,138 | +€25,828 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €11,310 | €37,138 | +€25,828 | +228% |
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 31 October 2026 via checked.be.