WORK & MOVE: what changed
WORK & MOVE
Largest movements
- Tangible fixed assets +€120,427
up €120,427 (+644%), from €18,698 to €139,125
of which Land and buildings: +€124,920
- Intangible fixed assets +€44,499
up €44,499 (+15.6%), from €284,639 to €329,138
- Stocks and contracts +€13,502
new in 2025: €13,502
- Cash -€12,312
down €12,312 (-9.2%), from €133,596 to €121,284
mainly Investment in fixed assets (net) (-€261,769) and Trade debts (-€64,795)
- Debts after one year +€88,248
up €88,248 (+68.7%), from €128,396 to €216,644
- Trade debts -€64,795
down €64,795 (-59.9%), from €108,149 to €43,354
- Profit (loss) carried forward +€63,527
up €63,527 (+99.5%), from €63,836 to €127,363
- Current portion of long-term debt +€26,708
new in 2025: €26,708
- Other debts +€25,927
up €25,927 (+62.3%), from €41,640 to €67,567
- Gross operating margin +€50,672
up €50,672 (+17.2%), from €293,786 to €344,458
- Staff costs +€27,039
up €27,039 (+33.4%), from €81,020 to €108,059
- Depreciation +€22,360
up €22,360 (+30.0%), from €74,483 to €96,843
- Financial charges +€16,473
up €16,473 (+54.2%), from €30,409 to €46,882
- Taxes +€12,993
up €12,993 (+225%), from €5,782 to €18,775
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 | €456,553 | €620,167 | +€163,614 | +35.8% |
| Fixed assets | 21/28 | €303,337 | €468,263 | +€164,926 | +54.4% |
| Intangible fixed assets | 21 | €284,639 | €329,138 | +€44,499 | +15.6% |
| Tangible fixed assets | 22/27 | €18,698 | €139,125 | +€120,427 | +644% |
| Land and buildings | 22 | - | €124,920 | +€124,920 | |
| Plant, machinery and equipment | 23 | €14,818 | €13,192 | -€1,626 | -11.0% |
| Furniture and vehicles | 24 | €3,880 | €1,013 | -€2,867 | -73.9% |
| Current assets | 29/58 | €153,216 | €151,904 | -€1,312 | -0.9% |
| Stocks and contracts in progress | 3 | - | €13,502 | +€13,502 | |
| Stocks | 30/36 | - | €13,502 | +€13,502 | |
| Amounts receivable within one year | 40/41 | €18,352 | €15,120 | -€3,232 | -17.6% |
| Trade receivables | 40 | €8,891 | €9,791 | +€900 | +10.1% |
| Other amounts receivable | 41 | €9,461 | €5,329 | -€4,132 | -43.7% |
| Cash at bank and in hand | 54/58 | €133,596 | €121,284 | -€12,312 | -9.2% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,998 | +€730 | +57.6% |
| Total equity and liabilities | 10/49 | €456,553 | €620,167 | +€163,614 | +35.8% |
| Equity | 10/15 | €141,236 | €210,963 | +€69,727 | +49.4% |
| Contributions | 10/11 | €77,400 | €83,600 | +€6,200 | +8.0% |
| Profit (loss) carried forward | 14 | €63,836 | €127,363 | +€63,527 | +99.5% |
| Amounts payable | 17/49 | €315,317 | €409,204 | +€93,887 | +29.8% |
| Amounts payable after more than one year | 17 | €128,396 | €216,644 | +€88,248 | +68.7% |
| Financial debts | 170/4 | €128,396 | €216,644 | +€88,248 | +68.7% |
| Amounts payable within one year | 42/48 | €185,280 | €191,627 | +€6,347 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | - | €26,708 | +€26,708 | |
| Trade debts | 44 | €108,149 | €43,354 | -€64,795 | -59.9% |
| Suppliers | 440/4 | €108,149 | €43,354 | -€64,795 | -59.9% |
| Taxes, remuneration and social security | 45 | €35,491 | €53,998 | +€18,507 | +52.1% |
| Taxes | 450/3 | €18,668 | €30,475 | +€11,807 | +63.2% |
| Remuneration and social security | 454/9 | €16,823 | €23,523 | +€6,700 | +39.8% |
| Other amounts payable | 47/48 | €41,640 | €67,567 | +€25,927 | +62.3% |
| Accrued charges and deferred income | 492/3 | €1,641 | €933 | -€708 | -43.1% |
| Remuneration, social security and pensions | 62 | €81,020 | €108,059 | +€27,039 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,483 | €96,843 | +€22,360 | +30.0% |
| Other operating charges | 640/8 | €437 | €655 | +€218 | +49.9% |
| Gross operating margin | 9900 | €293,786 | €344,458 | +€50,672 | +17.2% |
| Operating profit (loss) | 9901 | €137,846 | €138,901 | +€1,055 | +0.8% |
| Financial income | 75/76B | €1 | €81 | +€80 | +8,000% |
| Recurring financial income | 75 | €1 | €81 | +€80 | +8,000% |
| Financial charges | 65/66B | €30,409 | €46,882 | +€16,473 | +54.2% |
| Recurring financial charges | 65 | €30,409 | €46,882 | +€16,473 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €107,438 | €92,100 | -€15,338 | -14.3% |
| Income taxes | 67/77 | €5,782 | €18,775 | +€12,993 | +225% |
| Profit (loss) for the period | 9904 | €101,656 | €73,325 | -€28,331 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €101,656 | €73,325 | -€28,331 | -27.9% |
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.