WorkConnect: 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.
WorkConnect
Largest movements
- Cash -€23,276
down €23,276 (-97.3%), from €23,921 to €644
mainly Net result for the year (-€39,919) and Receivables within one year (-€12,004)
- Receivables within one year +€12,004
up €12,004 (+325.1%), from €3,693 to €15,697
of which Trade receivables: +€12,070
- Deferred charges and accrued income -€5,172
down €5,172 (-92.2%), from €5,611 to €439
- Tangible fixed assets +€1,651
new in 2025: €1,651
- Profit (loss) carried forward -€39,919
down €39,919 (-945.2%), from -€4,223 to -€44,142
- Other debts +€23,339
new in 2025: €23,339
- Tax, wage and social debts +€3,054
new in 2025: €3,054
- Trade debts -€1,585
down €1,585 (-12.0%), from €13,212 to €11,628
- Gross operating margin -€32,402
down €32,402 (-867.5%), from -€3,735 to -€36,137
- Financial charges +€1,371
up €1,371 (+3151.1%), from €44 to €1,414
- Other operating charges +€976
up €976 (+228.3%), from €427 to €1,403
- Depreciation +€952
up €952 (+4874.1%), from €20 to €971
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 | €34,096 | €18,986 | -€15,110 | -44.3% |
| Formation expenses | 20 | €871 | €555 | -€317 | -36.3% |
| Fixed assets | 21/28 | - | €1,651 | +€1,651 | |
| Tangible fixed assets | 22/27 | - | €1,651 | +€1,651 | |
| Furniture and vehicles | 24 | - | €1,651 | +€1,651 | |
| Current assets | 29/58 | €33,225 | €16,781 | -€16,444 | -49.5% |
| Amounts receivable within one year | 40/41 | €3,693 | €15,697 | +€12,004 | +325.1% |
| Trade receivables | 40 | €3,623 | €15,693 | +€12,070 | +333.2% |
| Other amounts receivable | 41 | €70 | €5 | -€66 | -93.3% |
| Cash at bank and in hand | 54/58 | €23,921 | €644 | -€23,276 | -97.3% |
| Deferred charges and accrued income | 490/1 | €5,611 | €439 | -€5,172 | -92.2% |
| Total equity and liabilities | 10/49 | €34,096 | €18,986 | -€15,110 | -44.3% |
| Equity | 10/15 | €20,777 | -€19,142 | -€39,919 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,223 | -€44,142 | -€39,919 | -945.2% |
| Amounts payable | 17/49 | €13,320 | €38,128 | +€24,809 | +186.3% |
| Amounts payable within one year | 42/48 | €13,320 | €38,128 | +€24,809 | +186.3% |
| Financial debts | 43 | €107 | €107 | = | 0.0% |
| Credit institutions | 430/8 | €107 | €107 | = | 0.0% |
| Trade debts | 44 | €13,212 | €11,628 | -€1,585 | -12.0% |
| Suppliers | 440/4 | €13,212 | €11,628 | -€1,585 | -12.0% |
| Taxes, remuneration and social security | 45 | - | €3,054 | +€3,054 | |
| Taxes | 450/3 | - | €3,054 | +€3,054 | |
| Other amounts payable | 47/48 | - | €23,339 | +€23,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20 | €971 | +€952 | +4874.1% |
| Other operating charges | 640/8 | €427 | €1,403 | +€976 | +228.3% |
| Gross operating margin | 9900 | -€3,735 | -€36,137 | -€32,402 | -867.5% |
| Operating profit (loss) | 9901 | -€4,182 | -€38,512 | -€34,330 | -820.9% |
| Financial income | 75/76B | €2 | €7 | +€5 | +229.4% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +229.4% |
| Financial charges | 65/66B | €44 | €1,414 | +€1,371 | +3151.1% |
| Recurring financial charges | 65 | €44 | €1,414 | +€1,371 | +3151.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,223 | -€39,919 | -€35,696 | -845.2% |
| Profit (loss) for the period | 9904 | -€4,223 | -€39,919 | -€35,696 | -845.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,223 | -€39,919 | -€35,696 | -845.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.