TotalWorks: 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.
TotalWorks
Largest movements
- Cash -€63,288
down €63,288 (-64.1%), from €98,712 to €35,424
mainly Net result for the year (-€44,395) and Tax, wage and social debts (-€25,472)
- Tangible fixed assets -€36,215
down €36,215 (-19.8%), from €182,712 to €146,498
of which Plant, machinery and equipment: -€34,104
- Receivables within one year +€6,174
up €6,174 (+1.9%), from €317,378 to €323,552
of which Other amounts receivable: +€6,174
- Profit (loss) carried forward -€44,395
down €44,395 (-57.1%), from €77,754 to €33,358
- Tax, wage and social debts -€25,472
down €25,472 (-33.9%), from €75,132 to €49,659
- Debts after one year -€19,304
down €19,304 (-51.2%), from €37,704 to €18,401
- Gross operating margin -€14,754
down €14,754, from €7,544 to -€7,210
- Financial charges -€805
down €805 (-27.3%), from €2,949 to €2,145
- Financial income -€251
down €251 (-17.6%), from €1,425 to €1,174
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 | €598,802 | €510,403 | -€88,400 | -14.8% |
| Fixed assets | 21/28 | €182,712 | €146,498 | -€36,215 | -19.8% |
| Tangible fixed assets | 22/27 | €182,712 | €146,498 | -€36,215 | -19.8% |
| Plant, machinery and equipment | 23 | €176,327 | €142,223 | -€34,104 | -19.3% |
| Furniture and vehicles | 24 | €6,386 | €4,275 | -€2,111 | -33.1% |
| Current assets | 29/58 | €416,090 | €363,905 | -€52,185 | -12.5% |
| Amounts receivable within one year | 40/41 | €317,378 | €323,552 | +€6,174 | +1.9% |
| Trade receivables | 40 | €22,747 | €22,747 | = | 0.0% |
| Other amounts receivable | 41 | €294,631 | €300,806 | +€6,174 | +2.1% |
| Cash at bank and in hand | 54/58 | €98,712 | €35,424 | -€63,288 | -64.1% |
| Deferred charges and accrued income | 490/1 | - | €4,929 | +€4,929 | |
| Total equity and liabilities | 10/49 | €598,802 | €510,403 | -€88,400 | -14.8% |
| Equity | 10/15 | €467,434 | €423,039 | -€44,395 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €371,081 | €371,081 | = | 0.0% |
| Distributable reserves | 133 | €371,081 | €371,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,754 | €33,358 | -€44,395 | -57.1% |
| Amounts payable | 17/49 | €131,368 | €87,363 | -€44,004 | -33.5% |
| Amounts payable after more than one year | 17 | €37,704 | €18,401 | -€19,304 | -51.2% |
| Financial debts | 170/4 | €37,704 | €18,401 | -€19,304 | -51.2% |
| Amounts payable within one year | 42/48 | €93,664 | €68,963 | -€24,701 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €18,532 | €19,304 | +€772 | +4.2% |
| Taxes, remuneration and social security | 45 | €75,132 | €49,659 | -€25,472 | -33.9% |
| Taxes | 450/3 | €75,132 | €49,659 | -€25,472 | -33.9% |
| Non-recurring operating income | 76A | €2,784 | - | -€2,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,215 | €36,215 | = | 0.0% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Non-recurring operating charges | 66A | €16,102 | - | -€16,102 | |
| Gross operating margin | 9900 | €7,544 | -€7,210 | -€14,754 | |
| Operating profit (loss) | 9901 | -€44,835 | -€43,425 | +€1,410 | +3.1% |
| Financial income | 75/76B | €1,425 | €1,174 | -€251 | -17.6% |
| Recurring financial income | 75 | €1,425 | €1,174 | -€251 | -17.6% |
| Financial charges | 65/66B | €2,949 | €2,145 | -€805 | -27.3% |
| Recurring financial charges | 65 | €2,949 | €2,145 | -€805 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | -€46,359 | -€44,395 | +€1,964 | +4.2% |
| Profit (loss) for the period | 9904 | -€46,359 | -€44,395 | +€1,964 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,359 | -€44,395 | +€1,964 | +4.2% |
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 20 October 2026 via checked.be.