WORKMATE: 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.
WORKMATE
Largest movements
- Receivables within one year +€35,203
up €35,203 (+78.4%), from €44,885 to €80,088
of which Other amounts receivable: +€27,677
- Tangible fixed assets +€12,173
up €12,173 (+89.6%), from €13,589 to €25,761
of which Plant, machinery and equipment: +€10,792
- Cash +€4,286
up €4,286 (+208.7%), from €2,054 to €6,339
mainly Net result for the year (+€34,472) and Tax, wage and social debts (+€12,840)
- Reserves +€34,472
up €34,472 (+72.1%), from €47,810 to €82,283
- Tax, wage and social debts +€12,840
up €12,840 (+202.4%), from €6,343 to €19,183
- Trade debts +€4,349
up €4,349 (+62.7%), from €6,940 to €11,289
- Gross operating margin +€19,225
up €19,225 (+57.5%), from €33,413 to €52,638
- Taxes +€6,498
up €6,498 (+102.4%), from €6,343 to €12,840
- Depreciation +€2,525
up €2,525 (+108.2%), from €2,334 to €4,858
- Financial income +€1,028
up €1,028 (+534.1%), from €192 to €1,220
- Other operating charges -€803
down €803 (-44.7%), from €1,797 to €994
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 | €63,093 | €114,754 | +€51,661 | +81.9% |
| Fixed assets | 21/28 | €16,154 | €28,327 | +€12,173 | +75.4% |
| Tangible fixed assets | 22/27 | €13,589 | €25,761 | +€12,173 | +89.6% |
| Plant, machinery and equipment | 23 | €9,325 | €20,117 | +€10,792 | +115.7% |
| Furniture and vehicles | 24 | €4,264 | €5,645 | +€1,381 | +32.4% |
| Financial fixed assets | 28 | €2,566 | €2,566 | = | 0.0% |
| Current assets | 29/58 | €46,939 | €86,427 | +€39,489 | +84.1% |
| Amounts receivable within one year | 40/41 | €44,885 | €80,088 | +€35,203 | +78.4% |
| Trade receivables | 40 | €33,487 | €41,013 | +€7,526 | +22.5% |
| Other amounts receivable | 41 | €11,398 | €39,075 | +€27,677 | +242.8% |
| Cash at bank and in hand | 54/58 | €2,054 | €6,339 | +€4,286 | +208.7% |
| Total equity and liabilities | 10/49 | €63,093 | €114,754 | +€51,661 | +81.9% |
| Equity | 10/15 | €49,810 | €84,283 | +€34,472 | +69.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €47,810 | €82,283 | +€34,472 | +72.1% |
| Distributable reserves | 133 | €47,810 | €82,283 | +€34,472 | +72.1% |
| Amounts payable | 17/49 | €13,283 | €30,472 | +€17,189 | +129.4% |
| Amounts payable within one year | 42/48 | €13,283 | €30,472 | +€17,189 | +129.4% |
| Trade debts | 44 | €6,940 | €11,289 | +€4,349 | +62.7% |
| Suppliers | 440/4 | €6,940 | €11,289 | +€4,349 | +62.7% |
| Taxes, remuneration and social security | 45 | €6,343 | €19,183 | +€12,840 | +202.4% |
| Taxes | 450/3 | €6,343 | €19,183 | +€12,840 | +202.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,334 | €4,858 | +€2,525 | +108.2% |
| Other operating charges | 640/8 | €1,797 | €994 | -€803 | -44.7% |
| Gross operating margin | 9900 | €33,413 | €52,638 | +€19,225 | +57.5% |
| Operating profit (loss) | 9901 | €29,283 | €46,786 | +€17,504 | +59.8% |
| Financial income | 75/76B | €192 | €1,220 | +€1,028 | +534.1% |
| Recurring financial income | 75 | €192 | €1,220 | +€1,028 | +534.1% |
| Financial charges | 65/66B | €132 | €694 | +€562 | +425.5% |
| Recurring financial charges | 65 | €132 | €694 | +€562 | +425.5% |
| Profit (loss) for the period before taxes | 9903 | €29,343 | €47,313 | +€17,970 | +61.2% |
| Income taxes | 67/77 | €6,343 | €12,840 | +€6,498 | +102.4% |
| Profit (loss) for the period | 9904 | €23,000 | €34,472 | +€11,472 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,000 | €34,472 | +€11,472 | +49.9% |
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 10 October 2026 via checked.be.