Work Design: what changed
Two fiscal 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.
Work Design
Largest movements
- Tangible fixed assets +€15,477
up €15,477 (+87.1%), from €17,769 to €33,246
of which Furniture and vehicles: +€10,827
- Receivables within one year -€14,333
down €14,333 (-14.2%), from €101,003 to €86,670
of which Trade receivables: -€14,256
- Cash -€12,678
down €12,678 (-7.7%), from €165,573 to €152,895
mainly Investment in fixed assets (net) (-€26,296) and Tax, wage and social debts (-€20,770)
- Receivables after one year -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Tax, wage and social debts -€20,770
down €20,770 (-58.9%), from €35,263 to €14,493
- Gross operating margin -€21,522
down €21,522 (-61.2%), from €35,166 to €13,644
- Depreciation +€7,981
up €7,981 (+281.3%), from €2,838 to €10,819
- Taxes -€7,786
down €7,786 (-89.8%), from €8,667 to €881
- Write-downs -€5,543
down €5,543 (-100.0%), from €5,543 to €0
- Other operating charges +€3,917
up €3,917 (+354.1%), from €1,106 to €5,023
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 | €320,550 | €299,413 | -€21,137 | -6.6% |
| Fixed assets | 21/28 | €17,769 | €33,246 | +€15,477 | +87.1% |
| Tangible fixed assets | 22/27 | €17,769 | €33,246 | +€15,477 | +87.1% |
| Plant, machinery and equipment | 23 | €2,425 | €7,075 | +€4,650 | +191.7% |
| Furniture and vehicles | 24 | €15,343 | €26,170 | +€10,827 | +70.6% |
| Current assets | 29/58 | €302,781 | €266,167 | -€36,614 | -12.1% |
| Amounts receivable after more than one year | 29 | €10,000 | €0 | -€10,000 | -100.0% |
| Trade receivables | 290 | €10,000 | €0 | -€10,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €101,003 | €86,670 | -€14,333 | -14.2% |
| Trade receivables | 40 | €94,243 | €79,986 | -€14,256 | -15.1% |
| Other amounts receivable | 41 | €6,760 | €6,684 | -€77 | -1.1% |
| Current investments | 50/53 | €25,500 | €25,500 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €165,573 | €152,895 | -€12,678 | -7.7% |
| Deferred charges and accrued income | 490/1 | €705 | €1,102 | +€397 | +56.3% |
| Total equity and liabilities | 10/49 | €320,550 | €299,413 | -€21,137 | -6.6% |
| Equity | 10/15 | €36,459 | €33,357 | -€3,102 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,859 | €14,757 | -€3,102 | -17.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €17,859 | €14,757 | -€3,102 | -17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €284,091 | €266,056 | -€18,035 | -6.3% |
| Amounts payable after more than one year | 17 | €240,000 | €240,000 | = | 0.0% |
| Other amounts payable | 178/9 | €240,000 | €240,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,704 | €25,656 | -€18,047 | -41.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €53 | €391 | +€338 | +643.9% |
| Suppliers | 440/4 | €53 | €391 | +€338 | +643.9% |
| Taxes, remuneration and social security | 45 | €35,263 | €14,493 | -€20,770 | -58.9% |
| Taxes | 450/3 | €35,263 | €14,493 | -€20,770 | -58.9% |
| Other amounts payable | 47/48 | €8,388 | €10,773 | +€2,385 | +28.4% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,838 | €10,819 | +€7,981 | +281.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,543 | €0 | -€5,543 | -100.0% |
| Other operating charges | 640/8 | €1,106 | €5,023 | +€3,917 | +354.1% |
| Gross operating margin | 9900 | €35,166 | €13,644 | -€21,522 | -61.2% |
| Operating profit (loss) | 9901 | €25,679 | -€2,198 | -€27,877 | |
| Financial income | 75/76B | €257 | €422 | +€165 | +64.4% |
| Recurring financial income | 75 | €257 | €422 | +€165 | +64.4% |
| Financial charges | 65/66B | €437 | €445 | +€8 | +1.8% |
| Recurring financial charges | 65 | €437 | €445 | +€8 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €25,499 | -€2,221 | -€27,720 | |
| Income taxes | 67/77 | €8,667 | €881 | -€7,786 | -89.8% |
| Profit (loss) for the period | 9904 | €16,832 | -€3,102 | -€19,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,832 | -€3,102 | -€19,934 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.