WORK PERFECT: 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 PERFECT
Largest movements
- Receivables within one year +€102,094
up €102,094 (+57.3%), from €178,104 to €280,198
of which Trade receivables: +€87,611
- Tangible fixed assets -€37,236
down €37,236 (-78.0%), from €47,727 to €10,491
- Cash -€6,569
down €6,569 (-46.4%), from €14,165 to €7,595
mainly Receivables within one year (-€102,094) and Contributions, distributions and other (-€75,000)
- Other debts +€63,750
new in 2024: €63,750
- Profit (loss) carried forward -€12,700
down €12,700 (-9.7%), from €131,136 to €118,436
- Trade debts +€11,086
up €11,086 (+32.3%), from €34,321 to €45,406
- Tax, wage and social debts -€3,748
down €3,748 (-5.7%), from €65,244 to €61,496
of which Taxes: -€4,653
- Gross operating margin +€78,917
up €78,917 (+23.3%), from €339,064 to €417,981
- Staff costs +€57,387
up €57,387 (+21.7%), from €264,148 to €321,535
- Depreciation -€11,044
down €11,044 (-62.5%), from €17,672 to €6,628
- Taxes +€4,665
up €4,665 (+39.4%), from €11,848 to €16,513
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,701 | €299,089 | +€58,388 | +24.3% |
| Fixed assets | 21/28 | €48,102 | €10,966 | -€37,136 | -77.2% |
| Tangible fixed assets | 22/27 | €47,727 | €10,491 | -€37,236 | -78.0% |
| Furniture and vehicles | 24 | €47,727 | €10,491 | -€37,236 | -78.0% |
| Financial fixed assets | 28 | €375 | €475 | +€100 | +26.7% |
| Current assets | 29/58 | €192,599 | €288,123 | +€95,524 | +49.6% |
| Amounts receivable within one year | 40/41 | €178,104 | €280,198 | +€102,094 | +57.3% |
| Trade receivables | 40 | €114,506 | €202,117 | +€87,611 | +76.5% |
| Other amounts receivable | 41 | €63,598 | €78,081 | +€14,483 | +22.8% |
| Cash at bank and in hand | 54/58 | €14,165 | €7,595 | -€6,569 | -46.4% |
| Deferred charges and accrued income | 490/1 | €330 | €330 | = | 0.0% |
| Total equity and liabilities | 10/49 | €240,701 | €299,089 | +€58,388 | +24.3% |
| Equity | 10/15 | €141,136 | €128,436 | -€12,700 | -9.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,136 | €118,436 | -€12,700 | -9.7% |
| Amounts payable | 17/49 | €99,565 | €170,653 | +€71,088 | +71.4% |
| Amounts payable within one year | 42/48 | €99,565 | €170,653 | +€71,088 | +71.4% |
| Trade debts | 44 | €34,321 | €45,406 | +€11,086 | +32.3% |
| Suppliers | 440/4 | €34,321 | €45,406 | +€11,086 | +32.3% |
| Taxes, remuneration and social security | 45 | €65,244 | €61,496 | -€3,748 | -5.7% |
| Taxes | 450/3 | €34,258 | €29,605 | -€4,653 | -13.6% |
| Remuneration and social security | 454/9 | €30,987 | €31,891 | +€905 | +2.9% |
| Other amounts payable | 47/48 | - | €63,750 | +€63,750 | |
| Remuneration, social security and pensions | 62 | €264,148 | €321,535 | +€57,387 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,672 | €6,628 | -€11,044 | -62.5% |
| Other operating charges | 640/8 | €1,741 | €1,020 | -€721 | -41.4% |
| Non-recurring operating charges | 66A | - | €9,947 | +€9,947 | |
| Gross operating margin | 9900 | €339,064 | €417,981 | +€78,917 | +23.3% |
| Operating profit (loss) | 9901 | €55,503 | €78,851 | +€23,348 | +42.1% |
| Financial income | 75/76B | €1,000 | €1,042 | +€42 | +4.2% |
| Recurring financial income | 75 | €1,000 | €1,042 | +€42 | +4.2% |
| Financial charges | 65/66B | €113 | €1,080 | +€967 | +859.4% |
| Recurring financial charges | 65 | €113 | €1,080 | +€967 | +859.4% |
| Profit (loss) for the period before taxes | 9903 | €56,390 | €78,813 | +€22,423 | +39.8% |
| Income taxes | 67/77 | €11,848 | €16,513 | +€4,665 | +39.4% |
| Profit (loss) for the period | 9904 | €44,543 | €62,300 | +€17,758 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,543 | €62,300 | +€17,758 | +39.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.