WORK4U: 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.
WORK4U
Largest movements
- Cash +€10,359
up €10,359 (+287.0%), from €3,610 to €13,969
mainly Receivables within one year (+€10,350) and Depreciation (+€6,239)
- Receivables within one year -€10,350
down €10,350 (-76.8%), from €13,477 to €3,127
of which Trade receivables: -€12,115
- Deferred charges and accrued income -€2,132
down €2,132 (-34.1%), from €6,250 to €4,118
- Tangible fixed assets +€1,134
up €1,134 (+6.4%), from €17,800 to €18,934
of which Land and buildings: +€3,503
- Financial fixed assets +€550
new in 2025: €550
- Reserves +€5,181
up €5,181 (+19.1%), from €27,151 to €32,332
- Tax, wage and social debts -€5,060
down €5,060 (-73.8%), from €6,860 to €1,800
of which Remuneration and social security: -€3,450
- Trade debts -€542
down €542 (-68.9%), from €788 to €245
- Gross operating margin +€7,245
up €7,245 (+92.1%), from €7,866 to €15,111
- Taxes +€1,670
up €1,670 (+278.4%), from €600 to €2,269
- Other operating charges +€958
up €958 (+226.4%), from €423 to €1,381
- Depreciation +€218
up €218 (+3.6%), from €6,021 to €6,239
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 | €41,137 | €40,697 | -€440 | -1.1% |
| Fixed assets | 21/28 | €17,800 | €19,484 | +€1,684 | +9.5% |
| Tangible fixed assets | 22/27 | €17,800 | €18,934 | +€1,134 | +6.4% |
| Land and buildings | 22 | - | €3,503 | +€3,503 | |
| Plant, machinery and equipment | 23 | €2,997 | €4,485 | +€1,488 | +49.6% |
| Furniture and vehicles | 24 | €14,803 | €10,946 | -€3,858 | -26.1% |
| Financial fixed assets | 28 | - | €550 | +€550 | |
| Current assets | 29/58 | €23,336 | €21,213 | -€2,123 | -9.1% |
| Amounts receivable within one year | 40/41 | €13,477 | €3,127 | -€10,350 | -76.8% |
| Trade receivables | 40 | €13,250 | €1,135 | -€12,115 | -91.4% |
| Other amounts receivable | 41 | €227 | €1,992 | +€1,765 | +779.0% |
| Cash at bank and in hand | 54/58 | €3,610 | €13,969 | +€10,359 | +287.0% |
| Deferred charges and accrued income | 490/1 | €6,250 | €4,118 | -€2,132 | -34.1% |
| Total equity and liabilities | 10/49 | €41,137 | €40,697 | -€440 | -1.1% |
| Equity | 10/15 | €32,151 | €37,332 | +€5,181 | +16.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,151 | €32,332 | +€5,181 | +19.1% |
| Distributable reserves | 133 | €27,151 | €32,332 | +€5,181 | +19.1% |
| Amounts payable | 17/49 | €8,985 | €3,365 | -€5,621 | -62.6% |
| Amounts payable within one year | 42/48 | €8,985 | €3,365 | -€5,621 | -62.6% |
| Trade debts | 44 | €788 | €245 | -€542 | -68.9% |
| Suppliers | 440/4 | €788 | €245 | -€542 | -68.9% |
| Taxes, remuneration and social security | 45 | €6,860 | €1,800 | -€5,060 | -73.8% |
| Taxes | 450/3 | €1,610 | - | -€1,610 | |
| Remuneration and social security | 454/9 | €5,250 | €1,800 | -€3,450 | -65.7% |
| Other amounts payable | 47/48 | €1,338 | €1,320 | -€18 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,021 | €6,239 | +€218 | +3.6% |
| Other operating charges | 640/8 | €423 | €1,381 | +€958 | +226.4% |
| Gross operating margin | 9900 | €7,866 | €15,111 | +€7,245 | +92.1% |
| Operating profit (loss) | 9901 | €1,422 | €7,490 | +€6,069 | +426.9% |
| Financial income | 75/76B | €4 | €2 | -€2 | -50.0% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -50.0% |
| Financial charges | 65/66B | €46 | €42 | -€4 | -8.3% |
| Recurring financial charges | 65 | €46 | €42 | -€4 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €1,379 | €7,450 | +€6,071 | +440.2% |
| Income taxes | 67/77 | €600 | €2,269 | +€1,670 | +278.4% |
| Profit (loss) for the period | 9904 | €780 | €5,181 | +€4,401 | +564.6% |
| Profit (loss) for the period to be appropriated | 9905 | €780 | €5,181 | +€4,401 | +564.6% |
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 6 October 2026 via checked.be.