rework: what changed
rework
Largest movements
- Deferred charges and accrued income +€400
up €400 (+72.2%), from €554 to €954
- Cash -€98
down €98 (-24.2%), from €405 to €307
mainly Trade debts (-€417) and Deferred charges and accrued income (-€400)
- Other debts +€601
new in 2025: €601
- Short-term financial debts +€557
up €557 (+881%), from €63 to €620
- Trade debts -€417
down €417 (-4.6%), from €9,129 to €8,712
- Tax, wage and social debts -€349
down €349 (-84.9%), from €411 to €62
- Turnover +€1,315
up €1,315 (+8.3%), from €15,824 to €17,139
- Gross operating margin +€737
up €737 (+1,009%), from €73 to €810
- Purchases and services +€695
up €695 (+4.4%), from €15,799 to €16,494
- Financial charges -€193
down €193 (-51.4%), from €376 to €183
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,728 | €7,090 | +€362 | +5.4% |
| Current assets | 29/58 | €6,728 | €7,090 | +€362 | +5.4% |
| Amounts receivable within one year | 40/41 | €5,770 | €5,829 | +€59 | +1.0% |
| Trade receivables | 40 | €5,770 | €5,646 | -€124 | -2.1% |
| Other amounts receivable | 41 | - | €183 | +€183 | |
| Cash at bank and in hand | 54/58 | €405 | €307 | -€98 | -24.2% |
| Deferred charges and accrued income | 490/1 | €554 | €954 | +€400 | +72.2% |
| Total equity and liabilities | 10/49 | €6,728 | €7,090 | +€362 | +5.4% |
| Equity | 10/15 | -€2,875 | -€2,906 | -€30 | -1.1% |
| Contributions | 10/11 | €1,650 | €1,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,525 | -€4,556 | -€30 | -0.7% |
| Amounts payable | 17/49 | €9,604 | €9,996 | +€392 | +4.1% |
| Amounts payable within one year | 42/48 | €9,604 | €9,996 | +€392 | +4.1% |
| Financial debts | 43 | €63 | €620 | +€557 | +881% |
| Credit institutions | 430/8 | €63 | €620 | +€557 | +881% |
| Trade debts | 44 | €9,129 | €8,712 | -€417 | -4.6% |
| Suppliers | 440/4 | €9,129 | €8,712 | -€417 | -4.6% |
| Taxes, remuneration and social security | 45 | €411 | €62 | -€349 | -84.9% |
| Taxes | 450/3 | €411 | €62 | -€349 | -84.9% |
| Other amounts payable | 47/48 | - | €601 | +€601 | |
| Turnover | 70 | €15,824 | €17,139 | +€1,315 | +8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,799 | €16,494 | +€695 | +4.4% |
| Other operating charges | 640/8 | €758 | €668 | -€90 | -11.9% |
| Gross operating margin | 9900 | €73 | €810 | +€737 | +1,009% |
| Operating profit (loss) | 9901 | -€685 | €142 | +€827 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €376 | €183 | -€193 | -51.4% |
| Recurring financial charges | 65 | €376 | €183 | -€193 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,061 | -€30 | +€1,030 | +97.1% |
| Profit (loss) for the period | 9904 | -€1,061 | -€30 | +€1,030 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,061 | -€30 | +€1,030 | +97.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.