ST WORKX: 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.
ST WORKX
Largest movements
- Receivables within one year +€9,080
new in 2025: €9,080
- Tangible fixed assets -€1,330
down €1,330 (-50.0%), from €2,660 to €1,330
- Cash -€671
down €671 (-22.1%), from €3,040 to €2,369
mainly Receivables within one year (-€9,080) and Trade debts (-€49)
- Other debts +€4,441
up €4,441 (+36.6%), from €12,124 to €16,565
- Profit (loss) carried forward +€1,579
up €1,579 (+12.2%), from -€12,983 to -€11,404
- Tax, wage and social debts +€1,108
up €1,108 (+357%), from €310 to €1,418
- Gross operating margin +€17,497
up €17,497, from -€12,984 to €4,513
- Taxes -€1,764
no longer reported in 2025 (was €1,764)
- Other operating charges -€1,163
down €1,163 (-42.7%), from €2,722 to €1,559
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 | €5,700 | €12,779 | +€7,079 | +124% |
| Fixed assets | 21/28 | €2,660 | €1,330 | -€1,330 | -50.0% |
| Tangible fixed assets | 22/27 | €2,660 | €1,330 | -€1,330 | -50.0% |
| Furniture and vehicles | 24 | €2,660 | €1,330 | -€1,330 | -50.0% |
| Current assets | 29/58 | €3,040 | €11,449 | +€8,409 | +277% |
| Amounts receivable within one year | 40/41 | - | €9,080 | +€9,080 | |
| Trade receivables | 40 | - | €9,080 | +€9,080 | |
| Cash at bank and in hand | 54/58 | €3,040 | €2,369 | -€671 | -22.1% |
| Total equity and liabilities | 10/49 | €5,700 | €12,779 | +€7,079 | +124% |
| Equity | 10/15 | -€6,783 | -€5,204 | +€1,579 | +23.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,983 | -€11,404 | +€1,579 | +12.2% |
| Amounts payable | 17/49 | €12,483 | €17,983 | +€5,500 | +44.1% |
| Amounts payable within one year | 42/48 | €12,483 | €17,983 | +€5,500 | +44.1% |
| Trade debts | 44 | €49 | - | -€49 | |
| Suppliers | 440/4 | €49 | - | -€49 | |
| Taxes, remuneration and social security | 45 | €310 | €1,418 | +€1,108 | +357% |
| Taxes | 450/3 | €310 | €1,418 | +€1,108 | +357% |
| Other amounts payable | 47/48 | €12,124 | €16,565 | +€4,441 | +36.6% |
| Non-recurring operating income | 76A | - | €3,156 | +€3,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,330 | €1,330 | = | 0.0% |
| Other operating charges | 640/8 | €2,722 | €1,559 | -€1,163 | -42.7% |
| Non-recurring operating charges | 66A | €2,348 | - | -€2,348 | |
| Gross operating margin | 9900 | -€12,984 | €4,513 | +€17,497 | |
| Operating profit (loss) | 9901 | -€19,384 | €1,624 | +€21,008 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,423 | €1,579 | +€21,002 | |
| Income taxes | 67/77 | €1,764 | - | -€1,764 | |
| Profit (loss) for the period | 9904 | -€21,187 | €1,579 | +€22,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,187 | €1,579 | +€22,766 |
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 18 October 2026 via checked.be.