Workaholix: 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.
Workaholix
Largest movements
- Receivables within one year -€142,709
down €142,709 (-62.2%), from €229,442 to €86,733
of which Trade receivables: -€171,696
- Cash +€44,621
up €44,621 (+481%), from €9,271 to €53,891
- Tangible fixed assets -€23,202
down €23,202 (-4.1%), from €562,661 to €539,459
of which Leasing and similar rights: -€20,760
- Receivables after one year +€15,734
new in 2025: €15,734
- Financial fixed assets +€8,790
up €8,790 (+602%), from €1,461 to €10,251
- Debts after one year -€126,456
down €126,456 (-24.8%), from €509,672 to €383,216
- Trade debts -€121,772
down €121,772 (-86.1%), from €141,496 to €19,724
- Profit (loss) carried forward +€117,865
up €117,865 (+412%), from €28,640 to €146,505
- Reserves +€25,610
up €25,610 (+39.9%), from €64,261 to €89,870
- Depreciation -€25,078
down €25,078 (-35.6%), from €70,474 to €45,396
- Taxes +€24,878
up €24,878 (+328%), from €7,576 to €32,454
- Gross operating margin +€18,275
up €18,275 (+17.5%), from €104,407 to €122,682
- Financial income -€7,896
down €7,896 (-98.2%), from €8,037 to €141
of which Non-recurring financial income: -€4,686
- Financial charges -€3,284
down €3,284 (-22.2%), from €14,776 to €11,492
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €827,952 | €723,372 | -€104,580 | -12.6% |
| Fixed assets | 21/28 | €564,121 | €549,709 | -€14,412 | -2.6% |
| Tangible fixed assets | 22/27 | €562,661 | €539,459 | -€23,202 | -4.1% |
| Land and buildings | 22 | €474,534 | €479,750 | +€5,215 | +1.1% |
| Plant, machinery and equipment | 23 | €37,073 | €19,582 | -€17,492 | -47.2% |
| Furniture and vehicles | 24 | €23,247 | €33,082 | +€9,835 | +42.3% |
| Leasing and similar rights | 25 | €27,806 | €7,046 | -€20,760 | -74.7% |
| Financial fixed assets | 28 | €1,461 | €10,251 | +€8,790 | +602% |
| Current assets | 29/58 | €263,831 | €173,663 | -€90,168 | -34.2% |
| Amounts receivable after more than one year | 29 | - | €15,734 | +€15,734 | |
| Other amounts receivable | 291 | - | €15,734 | +€15,734 | |
| Amounts receivable within one year | 40/41 | €229,442 | €86,733 | -€142,709 | -62.2% |
| Trade receivables | 40 | €229,442 | €57,746 | -€171,696 | -74.8% |
| Other amounts receivable | 41 | - | €28,987 | +€28,987 | |
| Cash at bank and in hand | 54/58 | €9,271 | €53,891 | +€44,621 | +481% |
| Deferred charges and accrued income | 490/1 | €25,118 | €17,304 | -€7,814 | -31.1% |
| Total equity and liabilities | 10/49 | €827,952 | €723,372 | -€104,580 | -12.6% |
| Equity | 10/15 | €95,401 | €238,875 | +€143,474 | +150% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €64,261 | €89,870 | +€25,610 | +39.9% |
| Distributable reserves | 133 | €64,261 | €89,870 | +€25,610 | +39.9% |
| Profit (loss) carried forward | 14 | €28,640 | €146,505 | +€117,865 | +412% |
| Amounts payable | 17/49 | €732,551 | €484,497 | -€248,054 | -33.9% |
| Amounts payable after more than one year | 17 | €509,672 | €383,216 | -€126,456 | -24.8% |
| Financial debts | 170/4 | €509,672 | €383,216 | -€126,456 | -24.8% |
| Amounts payable within one year | 42/48 | €222,879 | €101,281 | -€121,598 | -54.6% |
| Current portion of amounts payable after more than one year | 42 | €33,737 | €31,928 | -€1,809 | -5.4% |
| Trade debts | 44 | €141,496 | €19,724 | -€121,772 | -86.1% |
| Suppliers | 440/4 | €141,496 | €19,724 | -€121,772 | -86.1% |
| Taxes, remuneration and social security | 45 | €26,420 | €23,581 | -€2,838 | -10.7% |
| Taxes | 450/3 | €26,411 | €23,581 | -€2,829 | -10.7% |
| Remuneration and social security | 454/9 | €9 | - | -€9 | |
| Other amounts payable | 47/48 | €21,227 | €26,048 | +€4,821 | +22.7% |
| Remuneration, social security and pensions | 62 | €1,115 | - | -€1,115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,474 | €45,396 | -€25,078 | -35.6% |
| Other operating charges | 640/8 | €8,854 | €7,872 | -€982 | -11.1% |
| Gross operating margin | 9900 | €104,407 | €122,682 | +€18,275 | +17.5% |
| Operating profit (loss) | 9901 | €23,965 | €69,415 | +€45,449 | +190% |
| Financial income | 75/76B | €8,037 | €141 | -€7,896 | -98.2% |
| Recurring financial income | 75 | €3,351 | €141 | -€3,210 | -95.8% |
| Non-recurring financial income | 76B | €4,686 | - | -€4,686 | |
| Financial charges | 65/66B | €14,776 | €11,492 | -€3,284 | -22.2% |
| Recurring financial charges | 65 | €14,776 | €11,492 | -€3,284 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €17,226 | €58,063 | +€40,838 | +237% |
| Income taxes | 67/77 | €7,576 | €32,454 | +€24,878 | +328% |
| Profit (loss) for the period | 9904 | €9,650 | €25,610 | +€15,960 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €9,650 | €25,610 | +€15,960 | +165% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.