WERK WOORD: what changed
WERK WOORD
Largest movements
- Cash -€4,509
down €4,509 (-5.6%), from €80,067 to €75,558
mainly Net result for the year (-€2,683) and Receivables within one year (-€2,222)
- Receivables within one year +€2,222
up €2,222 (+948%), from €235 to €2,457
of which Other amounts receivable: +€2,285
- Profit (loss) carried forward -€2,683
down €2,683 (-2.6%), from €102,741 to €100,058
- Trade debts -€1,384
down €1,384 (-89.0%), from €1,556 to €172
- Gross operating margin -€1,558
down €1,558 (-2,209%), from -€71 to -€1,629
- Other operating charges -€948
down €948 (-73.7%), from €1,287 to €339
- Depreciation +€125
up €125 (+28.8%), from €435 to €561
- Financial charges +€49
up €49 (+44.8%), from €108 to €157
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 | €113,597 | €109,750 | -€3,847 | -3.4% |
| Fixed assets | 21/28 | €1,296 | €735 | -€561 | -43.3% |
| Tangible fixed assets | 22/27 | €1,296 | €735 | -€561 | -43.3% |
| Plant, machinery and equipment | 23 | €1,296 | €735 | -€561 | -43.3% |
| Current assets | 29/58 | €112,301 | €109,015 | -€3,287 | -2.9% |
| Amounts receivable within one year | 40/41 | €235 | €2,457 | +€2,222 | +948% |
| Trade receivables | 40 | €235 | €172 | -€63 | -26.7% |
| Other amounts receivable | 41 | - | €2,285 | +€2,285 | |
| Current investments | 50/53 | €32,000 | €31,000 | -€1,000 | -3.1% |
| Cash at bank and in hand | 54/58 | €80,067 | €75,558 | -€4,509 | -5.6% |
| Total equity and liabilities | 10/49 | €113,597 | €109,750 | -€3,847 | -3.4% |
| Equity | 10/15 | €110,800 | €108,117 | -€2,683 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,741 | €100,058 | -€2,683 | -2.6% |
| Amounts payable | 17/49 | €2,797 | €1,633 | -€1,164 | -41.6% |
| Amounts payable within one year | 42/48 | €2,797 | €1,633 | -€1,164 | -41.6% |
| Trade debts | 44 | €1,556 | €172 | -€1,384 | -89.0% |
| Suppliers | 440/4 | €1,556 | €172 | -€1,384 | -89.0% |
| Taxes, remuneration and social security | 45 | €1,012 | €1,461 | +€449 | +44.4% |
| Taxes | 450/3 | €1,012 | €1,461 | +€449 | +44.4% |
| Other amounts payable | 47/48 | €229 | - | -€229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €561 | +€125 | +28.8% |
| Other operating charges | 640/8 | €1,287 | €339 | -€948 | -73.7% |
| Gross operating margin | 9900 | -€71 | -€1,629 | -€1,558 | -2,209% |
| Operating profit (loss) | 9901 | -€1,793 | -€2,528 | -€735 | -41.0% |
| Financial income | 75/76B | €0 | €2 | +€2 | +15,900% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +15,900% |
| Financial charges | 65/66B | €108 | €157 | +€49 | +44.8% |
| Recurring financial charges | 65 | €108 | €157 | +€49 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,901 | -€2,683 | -€782 | -41.1% |
| Profit (loss) for the period | 9904 | -€1,901 | -€2,683 | -€782 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,901 | -€2,683 | -€782 | -41.1% |
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 5 November 2026 via checked.be.