WorkForce Staffing Solutions: 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.
WorkForce Staffing Solutions
Largest movements
- Receivables within one year -€1.4m
down €1.4m (-70.7%), from €1.9m to €563,562
of which Other amounts receivable: -€1.4m
- Receivables after one year +€586,070
up €586,070 (+666%), from €88,000 to €674,070
- Cash -€202,095
down €202,095 (-93.4%), from €216,479 to €14,384
mainly Trade debts (-€898,264) and Receivables after one year (-€586,070)
- Financial fixed assets -€75,740
down €75,740 (-99.8%), from €75,870 to €130
- Tangible fixed assets -€26,033
no longer reported in 2025 (was €26,033)
- Trade debts -€898,264
down €898,264 (-58.0%), from €1.5m to €650,847
- Short-term financial debts -€470,558
no longer reported in 2025 (was €470,558)
- Profit (loss) carried forward +€421,137
up €421,137 (+59.8%), from -€704,550 to -€283,413
- Tax, wage and social debts -€206,191
down €206,191 (-85.8%), from €240,393 to €34,202
of which Taxes: -€190,993
- Debts after one year +€106,950
new in 2025: €106,950
- Staff costs -€360,493
down €360,493 (-90.1%), from €400,301 to €39,809
- Gross operating margin +€353,992
up €353,992 (+179%), from €197,970 to €551,962
- Write-downs +€58,760
new in 2025: €58,760
- Other operating charges -€19,623
down €19,623 (-68.8%), from €28,537 to €8,914
- Financial income -€8,923
down €8,923 (-30.9%), from €28,922 to €20,000
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
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 | €2,340,953 | €1,253,830 | -€1.1m | -46.4% |
| Fixed assets | 21/28 | €105,610 | €1,814 | -€103,796 | -98.3% |
| Intangible fixed assets | 21 | €3,707 | €1,684 | -€2,023 | -54.6% |
| Tangible fixed assets | 22/27 | €26,033 | - | -€26,033 | |
| Furniture and vehicles | 24 | €26,033 | - | -€26,033 | |
| Financial fixed assets | 28 | €75,870 | €130 | -€75,740 | -99.8% |
| Current assets | 29/58 | €2,235,344 | €1,252,016 | -€983,328 | -44.0% |
| Amounts receivable after more than one year | 29 | €88,000 | €674,070 | +€586,070 | +666% |
| Other amounts receivable | 291 | €88,000 | €674,070 | +€586,070 | +666% |
| Amounts receivable within one year | 40/41 | €1,925,774 | €563,562 | -€1.4m | -70.7% |
| Trade receivables | 40 | €566,738 | €559,496 | -€7,242 | -1.3% |
| Other amounts receivable | 41 | €1,359,036 | €4,066 | -€1.4m | -99.7% |
| Cash at bank and in hand | 54/58 | €216,479 | €14,384 | -€202,095 | -93.4% |
| Deferred charges and accrued income | 490/1 | €5,090 | - | -€5,090 | |
| Total equity and liabilities | 10/49 | €2,340,953 | €1,253,830 | -€1.1m | -46.4% |
| Equity | 10/15 | €28,525 | €449,662 | +€421,137 | +1,476% |
| Contributions | 10/11 | €726,875 | €726,875 | = | 0.0% |
| Capital | 10 | €726,875 | €726,875 | = | 0.0% |
| Issued capital | 100 | €726,875 | €726,875 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€704,550 | -€283,413 | +€421,137 | +59.8% |
| Amounts payable | 17/49 | €2,312,428 | €804,167 | -€1.5m | -65.2% |
| Amounts payable after more than one year | 17 | - | €106,950 | +€106,950 | |
| Financial debts | 170/4 | - | €106,950 | +€106,950 | |
| Amounts payable within one year | 42/48 | €2,300,063 | €697,217 | -€1.6m | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | - | -€40,000 | |
| Financial debts | 43 | €470,558 | - | -€470,558 | |
| Credit institutions | 430/8 | €470,558 | - | -€470,558 | |
| Trade debts | 44 | €1,549,111 | €650,847 | -€898,264 | -58.0% |
| Suppliers | 440/4 | €1,549,111 | €650,847 | -€898,264 | -58.0% |
| Taxes, remuneration and social security | 45 | €240,393 | €34,202 | -€206,191 | -85.8% |
| Taxes | 450/3 | €225,195 | €34,202 | -€190,993 | -84.8% |
| Remuneration and social security | 454/9 | €15,198 | - | -€15,198 | |
| Other amounts payable | 47/48 | €0 | €12,168 | +€12,168 | |
| Accrued charges and deferred income | 492/3 | €12,365 | - | -€12,365 | |
| Remuneration, social security and pensions | 62 | €400,301 | €39,809 | -€360,493 | -90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,191 | €3,407 | +€216 | +6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €58,760 | +€58,760 | |
| Other operating charges | 640/8 | €28,537 | €8,914 | -€19,623 | -68.8% |
| Non-recurring operating charges | 66A | - | €16,066 | +€16,066 | |
| Gross operating margin | 9900 | €197,970 | €551,962 | +€353,992 | +179% |
| Operating profit (loss) | 9901 | -€234,060 | €425,007 | +€659,067 | |
| Financial income | 75/76B | €28,922 | €20,000 | -€8,923 | -30.9% |
| Recurring financial income | 75 | €28,922 | €20,000 | -€8,923 | -30.9% |
| Financial charges | 65/66B | €22,500 | €24,428 | +€1,927 | +8.6% |
| Recurring financial charges | 65 | €22,500 | €23,898 | +€1,397 | +6.2% |
| Non-recurring financial charges | 66B | - | €530 | +€530 | |
| Profit (loss) for the period before taxes | 9903 | -€227,638 | €420,579 | +€648,217 | |
| Income taxes | 67/77 | €558 | -€558 | -€1,115 | |
| Profit (loss) for the period | 9904 | -€228,195 | €421,137 | +€649,332 | |
| Profit (loss) for the period to be appropriated | 9905 | -€228,195 | €421,137 | +€649,332 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.