Qworx: 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.
Qworx
Largest movements
- Cash +€14,363
up €14,363 (+384.0%), from €3,740 to €18,103
mainly Net result for the year (+€11,735) and Other debts (+€5,484)
- Deferred charges and accrued income +€7,344
up €7,344 (+919.6%), from €799 to €8,142
- Tangible fixed assets +€1,737
up €1,737 (+105.1%), from €1,653 to €3,390
- Receivables within one year +€1,315
up €1,315 (+13.6%), from €9,659 to €10,974
of which Trade receivables: +€2,187
- Profit (loss) carried forward +€11,735
up €11,735 (+35.2%), from -€33,380 to -€21,644
- Other debts +€5,484
up €5,484 (+132.5%), from €4,140 to €9,624
- Tax, wage and social debts +€4,852
up €4,852 (+577.6%), from €840 to €5,692
- Trade debts +€2,687
up €2,687 (+58.7%), from €4,578 to €7,265
- Gross operating margin +€45,379
up €45,379, from -€29,184 to €16,194
- Financial charges +€310
up €310 (+11.6%), from €2,673 to €2,984
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 | €15,851 | €40,610 | +€24,758 | +156.2% |
| Fixed assets | 21/28 | €1,653 | €3,390 | +€1,737 | +105.1% |
| Tangible fixed assets | 22/27 | €1,653 | €3,390 | +€1,737 | +105.1% |
| Furniture and vehicles | 24 | €1,653 | €3,390 | +€1,737 | +105.1% |
| Current assets | 29/58 | €14,198 | €37,220 | +€23,021 | +162.1% |
| Amounts receivable within one year | 40/41 | €9,659 | €10,974 | +€1,315 | +13.6% |
| Trade receivables | 40 | €8,787 | €10,974 | +€2,187 | +24.9% |
| Other amounts receivable | 41 | €872 | €0 | -€872 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,740 | €18,103 | +€14,363 | +384.0% |
| Deferred charges and accrued income | 490/1 | €799 | €8,142 | +€7,344 | +919.6% |
| Total equity and liabilities | 10/49 | €15,851 | €40,610 | +€24,758 | +156.2% |
| Equity | 10/15 | €6,294 | €18,029 | +€11,735 | +186.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,273 | €27,273 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €27,273 | €27,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,380 | -€21,644 | +€11,735 | +35.2% |
| Amounts payable | 17/49 | €9,558 | €22,581 | +€13,023 | +136.3% |
| Amounts payable within one year | 42/48 | €9,558 | €22,581 | +€13,023 | +136.3% |
| Trade debts | 44 | €4,578 | €7,265 | +€2,687 | +58.7% |
| Suppliers | 440/4 | €4,578 | €7,265 | +€2,687 | +58.7% |
| Taxes, remuneration and social security | 45 | €840 | €5,692 | +€4,852 | +577.6% |
| Taxes | 450/3 | €840 | €5,692 | +€4,852 | +577.6% |
| Other amounts payable | 47/48 | €4,140 | €9,624 | +€5,484 | +132.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €857 | €940 | +€84 | +9.8% |
| Other operating charges | 640/8 | €530 | €387 | -€142 | -26.9% |
| Gross operating margin | 9900 | -€29,184 | €16,194 | +€45,379 | |
| Operating profit (loss) | 9901 | -€30,571 | €14,867 | +€45,437 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,673 | €2,984 | +€310 | +11.6% |
| Recurring financial charges | 65 | €2,673 | €2,984 | +€310 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,244 | €11,883 | +€45,127 | |
| Income taxes | 67/77 | €136 | €148 | +€12 | +9.0% |
| Profit (loss) for the period | 9904 | -€33,380 | €11,735 | +€45,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,380 | €11,735 | +€45,115 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.