WORKIN'PROCESS: 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.
WORKIN'PROCESS
Largest movements
- Receivables within one year +€22,101
up €22,101 (+30,632%), from €72 to €22,173
of which Trade receivables: +€19,120
- Cash +€12,414
up €12,414 (+70.0%), from €17,744 to €30,158
mainly Net result for the year (+€28,279) and Depreciation (+€5,220)
- Tangible fixed assets -€2,138
down €2,138 (-14.4%), from €14,809 to €12,670
of which Furniture and vehicles: -€2,021
- Deferred charges and accrued income -€1,577
down €1,577 (-96.1%), from €1,642 to €65
- Reserves +€28,279
up €28,279 (+185%), from €15,252 to €43,531
of which Distributable reserves: +€28,279
- Trade debts +€3,841
up €3,841, from €0 to €3,841
- Other debts -€2,695
down €2,695 (-100%), from €2,695 to €0
- Tax, wage and social debts +€1,350
up €1,350 (+13.3%), from €10,119 to €11,469
of which Taxes: +€1,350
- Gross operating margin +€33,168
up €33,168 (+260%), from €12,755 to €45,923
- Taxes +€5,959
up €5,959 (+275%), from €2,163 to €8,123
- Depreciation +€465
up €465 (+9.8%), from €4,754 to €5,220
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 | €34,266 | €65,067 | +€30,800 | +89.9% |
| Fixed assets | 21/28 | €14,809 | €12,670 | -€2,138 | -14.4% |
| Tangible fixed assets | 22/27 | €14,809 | €12,670 | -€2,138 | -14.4% |
| Land and buildings | 22 | €470 | €353 | -€117 | -25.0% |
| Furniture and vehicles | 24 | €14,338 | €12,318 | -€2,021 | -14.1% |
| Current assets | 29/58 | €19,458 | €52,396 | +€32,939 | +169% |
| Amounts receivable within one year | 40/41 | €72 | €22,173 | +€22,101 | +30,632% |
| Trade receivables | 40 | €72 | €19,193 | +€19,120 | +26,501% |
| Other amounts receivable | 41 | €0 | €2,981 | +€2,981 | |
| Cash at bank and in hand | 54/58 | €17,744 | €30,158 | +€12,414 | +70.0% |
| Deferred charges and accrued income | 490/1 | €1,642 | €65 | -€1,577 | -96.1% |
| Total equity and liabilities | 10/49 | €34,266 | €65,067 | +€30,800 | +89.9% |
| Equity | 10/15 | €21,452 | €49,731 | +€28,279 | +132% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,252 | €43,531 | +€28,279 | +185% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,392 | €41,671 | +€28,279 | +211% |
| Amounts payable | 17/49 | €12,814 | €15,336 | +€2,522 | +19.7% |
| Amounts payable within one year | 42/48 | €12,814 | €15,310 | +€2,495 | +19.5% |
| Trade debts | 44 | €0 | €3,841 | +€3,841 | |
| Suppliers | 440/4 | €0 | €3,841 | +€3,841 | |
| Taxes, remuneration and social security | 45 | €10,119 | €11,469 | +€1,350 | +13.3% |
| Taxes | 450/3 | €10,119 | €11,469 | +€1,350 | +13.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,695 | €0 | -€2,695 | -100% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Remuneration, social security and pensions | 62 | €180 | €173 | -€7 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,754 | €5,220 | +€465 | +9.8% |
| Other operating charges | 640/8 | €1,387 | €1,056 | -€331 | -23.9% |
| Gross operating margin | 9900 | €12,755 | €45,923 | +€33,168 | +260% |
| Operating profit (loss) | 9901 | €6,433 | €39,474 | +€33,041 | +514% |
| Financial income | 75/76B | €35 | €28 | -€7 | -21.2% |
| Recurring financial income | 75 | €35 | €28 | -€7 | -21.2% |
| Financial charges | 65/66B | €2,999 | €3,100 | +€101 | +3.4% |
| Recurring financial charges | 65 | €2,999 | €3,100 | +€101 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €3,469 | €36,401 | +€32,932 | +949% |
| Income taxes | 67/77 | €2,163 | €8,123 | +€5,959 | +275% |
| Profit (loss) for the period | 9904 | €1,306 | €28,279 | +€26,973 | +2,065% |
| Profit (loss) for the period to be appropriated | 9905 | €1,306 | €28,279 | +€26,973 | +2,065% |
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 14 October 2026 via checked.be.