Werkhuis: 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.
Werkhuis
Largest movements
- Tangible fixed assets -€35,124
down €35,124 (-22.9%), from €153,211 to €118,087
of which Furniture and vehicles: -€33,030
- Profit (loss) carried forward -€55,562
down €55,562, from €21,872 to -€33,690
- Tax, wage and social debts +€48,466
up €48,466 (+302%), from €16,052 to €64,518
of which Remuneration and social security: +€46,889
- Debts after one year -€24,443
down €24,443 (-26.6%), from €91,878 to €67,435
- Gross operating margin -€55,787
down €55,787 (-73.2%), from €76,186 to €20,398
- Depreciation +€14,570
up €14,570 (+70.9%), from €20,554 to €35,124
- Staff costs -€13,169
down €13,169 (-29.0%), from €45,355 to €32,186
- Financial charges +€1,640
up €1,640 (+36.1%), from €4,540 to €6,179
- Taxes +€1,605
up €1,605, from -€921 to €683
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 | €365,188 | €331,981 | -€33,208 | -9.1% |
| Fixed assets | 21/28 | €153,461 | €118,337 | -€35,124 | -22.9% |
| Tangible fixed assets | 22/27 | €153,211 | €118,087 | -€35,124 | -22.9% |
| Land and buildings | 22 | €8,135 | €6,236 | -€1,899 | -23.3% |
| Plant, machinery and equipment | 23 | €195 | €0 | -€195 | -100% |
| Furniture and vehicles | 24 | €144,881 | €111,851 | -€33,030 | -22.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €211,728 | €213,643 | +€1,916 | +0.9% |
| Amounts receivable within one year | 40/41 | €209,957 | €209,926 | -€31 | 0.0% |
| Trade receivables | 40 | €143,950 | €143,950 | = | 0.0% |
| Other amounts receivable | 41 | €66,007 | €65,976 | -€31 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,182 | €2,935 | +€1,753 | +148% |
| Deferred charges and accrued income | 490/1 | €588 | €782 | +€194 | +32.9% |
| Total equity and liabilities | 10/49 | €365,188 | €331,981 | -€33,208 | -9.1% |
| Equity | 10/15 | €104,551 | €48,989 | -€55,562 | -53.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,480 | €76,480 | = | 0.0% |
| Distributable reserves | 133 | €76,480 | €76,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,872 | -€33,690 | -€55,562 | |
| Amounts payable | 17/49 | €260,637 | €282,991 | +€22,354 | +8.6% |
| Amounts payable after more than one year | 17 | €91,878 | €67,435 | -€24,443 | -26.6% |
| Financial debts | 170/4 | €91,878 | €67,435 | -€24,443 | -26.6% |
| Amounts payable within one year | 42/48 | €168,759 | €215,556 | +€46,797 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €23,566 | €24,443 | +€877 | +3.7% |
| Trade debts | 44 | €1,019 | €1,630 | +€611 | +60.0% |
| Suppliers | 440/4 | €1,019 | €1,630 | +€611 | +60.0% |
| Taxes, remuneration and social security | 45 | €16,052 | €64,518 | +€48,466 | +302% |
| Taxes | 450/3 | €11,051 | €12,628 | +€1,577 | +14.3% |
| Remuneration and social security | 454/9 | €5,001 | €51,890 | +€46,889 | +938% |
| Other amounts payable | 47/48 | €128,122 | €124,966 | -€3,157 | -2.5% |
| Remuneration, social security and pensions | 62 | €45,355 | €32,186 | -€13,169 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,554 | €35,124 | +€14,570 | +70.9% |
| Other operating charges | 640/8 | €2,070 | €1,788 | -€282 | -13.6% |
| Gross operating margin | 9900 | €76,186 | €20,398 | -€55,787 | -73.2% |
| Operating profit (loss) | 9901 | €8,208 | -€48,699 | -€56,907 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -100% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100% |
| Financial charges | 65/66B | €4,540 | €6,179 | +€1,640 | +36.1% |
| Recurring financial charges | 65 | €4,540 | €6,179 | +€1,640 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €3,683 | -€54,879 | -€58,561 | |
| Income taxes | 67/77 | -€921 | €683 | +€1,605 | |
| Profit (loss) for the period | 9904 | €4,604 | -€55,562 | -€60,166 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,604 | -€55,562 | -€60,166 |
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 29 October 2026 via checked.be.