WORKDAY BELGIUM: 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.
WORKDAY BELGIUM
Largest movements
- Receivables within one year -€120,104
down €120,104 (-6.3%), from €1.9m to €1.8m
of which Other amounts receivable: -€120,104
- Deferred charges and accrued income -€94,125
down €94,125 (-30.2%), from €312,186 to €218,060
- Tax, wage and social debts -€470,973
down €470,973 (-33.3%), from €1.4m to €943,591
of which Remuneration and social security: -€387,095
- Reserves +€208,682
up €208,682 (+30.4%), from €687,561 to €896,243
of which Distributable reserves: +€208,682
- Trade debts +€42,655
up €42,655 (+45.7%), from €93,331 to €135,985
- Gross operating margin -€268,509
down €268,509 (-4.7%), from €5.7m to €5.5m
- Staff costs -€261,299
down €261,299 (-4.8%), from €5.4m to €5.1m
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,237,699 | €2,017,263 | -€220,436 | -9.9% |
| Fixed assets | 21/28 | €15,447 | €9,240 | -€6,207 | -40.2% |
| Tangible fixed assets | 22/27 | €15,447 | €9,240 | -€6,207 | -40.2% |
| Plant, machinery and equipment | 23 | €3,899 | €672 | -€3,226 | -82.8% |
| Furniture and vehicles | 24 | €11,548 | €8,568 | -€2,980 | -25.8% |
| Current assets | 29/58 | €2,222,252 | €2,008,023 | -€214,229 | -9.6% |
| Amounts receivable within one year | 40/41 | €1,910,066 | €1,789,962 | -€120,104 | -6.3% |
| Trade receivables | 40 | €3,267 | €3,267 | = | 0.0% |
| Other amounts receivable | 41 | €1,906,799 | €1,786,695 | -€120,104 | -6.3% |
| Deferred charges and accrued income | 490/1 | €312,186 | €218,060 | -€94,125 | -30.2% |
| Total equity and liabilities | 10/49 | €2,237,699 | €2,017,263 | -€220,436 | -9.9% |
| Equity | 10/15 | €706,111 | €914,793 | +€208,682 | +29.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €687,561 | €896,243 | +€208,682 | +30.4% |
| Non-distributable reserves | 130/1 | €2,128 | €2,128 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,128 | €2,128 | = | 0.0% |
| Distributable reserves | 133 | €685,433 | €894,115 | +€208,682 | +30.4% |
| Amounts payable | 17/49 | €1,531,588 | €1,102,470 | -€429,118 | -28.0% |
| Amounts payable within one year | 42/48 | €1,531,588 | €1,102,470 | -€429,118 | -28.0% |
| Trade debts | 44 | €93,331 | €135,985 | +€42,655 | +45.7% |
| Suppliers | 440/4 | €93,331 | €135,985 | +€42,655 | +45.7% |
| Taxes, remuneration and social security | 45 | €1,414,564 | €943,591 | -€470,973 | -33.3% |
| Taxes | 450/3 | €203,783 | €119,904 | -€83,878 | -41.2% |
| Remuneration and social security | 454/9 | €1,210,781 | €823,686 | -€387,095 | -32.0% |
| Other amounts payable | 47/48 | €23,694 | €22,894 | -€800 | -3.4% |
| Remuneration, social security and pensions | 62 | €5,391,949 | €5,130,651 | -€261,299 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,999 | €6,207 | +€207 | +3.5% |
| Other operating charges | 640/8 | €189 | €3,919 | +€3,730 | +1,974% |
| Gross operating margin | 9900 | €5,722,261 | €5,453,752 | -€268,509 | -4.7% |
| Operating profit (loss) | 9901 | €324,123 | €312,976 | -€11,147 | -3.4% |
| Financial charges | 65/66B | €4,206 | €6,358 | +€2,152 | +51.2% |
| Recurring financial charges | 65 | €4,206 | €6,358 | +€2,152 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €319,918 | €306,618 | -€13,299 | -4.2% |
| Income taxes | 67/77 | €105,431 | €97,936 | -€7,495 | -7.1% |
| Profit (loss) for the period | 9904 | €214,487 | €208,682 | -€5,804 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €214,487 | €208,682 | -€5,804 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.