VOSSWORK: 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.
VOSSWORK
Largest movements
- Receivables within one year +€100,380
up €100,380 (+19031.9%), from €527 to €100,907
of which Other amounts receivable: +€90,708
- Cash -€82,687
down €82,687 (-66.6%), from €124,211 to €41,525
mainly Receivables within one year (-€100,380) and Investment in fixed assets (net) (-€86,983)
- Tangible fixed assets +€81,606
up €81,606 (+434.4%), from €18,785 to €100,391
- Reserves +€53,300
up €53,300 (+78.2%), from €68,200 to €121,500
- Other debts +€26,661
up €26,661 (+35.4%), from €75,249 to €101,910
- Tax, wage and social debts +€22,064
up €22,064 (+78.4%), from €28,136 to €50,200
of which Taxes: +€27,390
- Trade debts -€2,743
no longer reported in 2025 (was €2,743)
- Gross operating margin -€10,582
down €10,582 (-11.1%), from €95,699 to €85,117
- Depreciation +€5,378
new in 2025: €5,378
- Taxes +€4,579
up €4,579 (+20.1%), from €22,811 to €27,390
- Staff costs -€4,445
no longer reported in 2025 (was €4,445)
- Financial charges -€1,118
down €1,118, from €88 to -€1,030
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 | €143,524 | €242,823 | +€99,299 | +69.2% |
| Fixed assets | 21/28 | €18,785 | €100,391 | +€81,606 | +434.4% |
| Tangible fixed assets | 22/27 | €18,785 | €100,391 | +€81,606 | +434.4% |
| Furniture and vehicles | 24 | €18,785 | €100,391 | +€81,606 | +434.4% |
| Current assets | 29/58 | €124,739 | €142,432 | +€17,693 | +14.2% |
| Amounts receivable within one year | 40/41 | €527 | €100,907 | +€100,380 | +19031.9% |
| Trade receivables | 40 | - | €9,672 | +€9,672 | |
| Other amounts receivable | 41 | €527 | €91,235 | +€90,708 | +17198.1% |
| Cash at bank and in hand | 54/58 | €124,211 | €41,525 | -€82,687 | -66.6% |
| Total equity and liabilities | 10/49 | €143,524 | €242,823 | +€99,299 | +69.2% |
| Equity | 10/15 | €37,396 | €90,713 | +€53,318 | +142.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €68,200 | €121,500 | +€53,300 | +78.2% |
| Distributable reserves | 133 | €68,200 | €121,500 | +€53,300 | +78.2% |
| Profit (loss) carried forward | 14 | -€36,804 | -€36,787 | +€18 | 0.0% |
| Amounts payable | 17/49 | €106,128 | €152,110 | +€45,982 | +43.3% |
| Amounts payable within one year | 42/48 | €106,128 | €152,110 | +€45,982 | +43.3% |
| Trade debts | 44 | €2,743 | - | -€2,743 | |
| Suppliers | 440/4 | €2,743 | - | -€2,743 | |
| Taxes, remuneration and social security | 45 | €28,136 | €50,200 | +€22,064 | +78.4% |
| Taxes | 450/3 | €22,811 | €50,200 | +€27,390 | +120.1% |
| Remuneration and social security | 454/9 | €5,325 | - | -€5,325 | |
| Other amounts payable | 47/48 | €75,249 | €101,910 | +€26,661 | +35.4% |
| Remuneration, social security and pensions | 62 | €4,445 | - | -€4,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,378 | +€5,378 | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €95,699 | €85,117 | -€10,582 | -11.1% |
| Operating profit (loss) | 9901 | €91,193 | €79,677 | -€11,515 | -12.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €88 | -€1,030 | -€1,118 | |
| Recurring financial charges | 65 | €88 | -€1,030 | -€1,118 | |
| Profit (loss) for the period before taxes | 9903 | €91,113 | €80,707 | -€10,405 | -11.4% |
| Income taxes | 67/77 | €22,811 | €27,390 | +€4,579 | +20.1% |
| Profit (loss) for the period | 9904 | €68,302 | €53,318 | -€14,984 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,302 | €53,318 | -€14,984 | -21.9% |
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 10 October 2026 via checked.be.