WorkOffice: 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.
WorkOffice
Largest movements
- Receivables within one year +€139,049
up €139,049 (+398.5%), from €34,897 to €173,946
of which Trade receivables: +€134,049
- Cash +€75,849
up €75,849 (+719.7%), from €10,539 to €86,388
mainly Trade debts (+€229,037) and Depreciation (+€23,419)
- Tangible fixed assets +€61,702
up €61,702 (+247.1%), from €24,969 to €86,672
of which Plant, machinery and equipment: +€59,428
- Financial fixed assets +€7,550
new in 2024: €7,550
- Trade debts +€229,037
up €229,037 (+2755.9%), from €8,311 to €237,348
- Tax, wage and social debts +€16,982
up €16,982 (+31.8%), from €53,435 to €70,417
of which Remuneration and social security: +€9,724
- Profit (loss) carried forward +€14,697
up €14,697, from -€9,965 to €4,731
- Debts after one year +€13,821
up €13,821 (+458.6%), from €3,014 to €16,835
- Other debts +€9,613
up €9,613 (+1574.8%), from €610 to €10,224
- Gross operating margin +€220,000
up €220,000 (+331.2%), from €66,429 to €286,429
- Staff costs +€181,052
up €181,052 (+294.6%), from €61,466 to €242,518
- Depreciation +€17,020
up €17,020 (+266.0%), from €6,399 to €23,419
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,405 | €354,555 | +€284,150 | +403.6% |
| Fixed assets | 21/28 | €24,969 | €94,222 | +€69,252 | +277.3% |
| Tangible fixed assets | 22/27 | €24,969 | €86,672 | +€61,702 | +247.1% |
| Plant, machinery and equipment | 23 | €23,088 | €82,515 | +€59,428 | +257.4% |
| Furniture and vehicles | 24 | €1,882 | €4,156 | +€2,275 | +120.9% |
| Financial fixed assets | 28 | - | €7,550 | +€7,550 | |
| Current assets | 29/58 | €45,436 | €260,334 | +€214,898 | +473.0% |
| Amounts receivable within one year | 40/41 | €34,897 | €173,946 | +€139,049 | +398.5% |
| Trade receivables | 40 | €34,897 | €168,946 | +€134,049 | +384.1% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €10,539 | €86,388 | +€75,849 | +719.7% |
| Total equity and liabilities | 10/49 | €70,405 | €354,555 | +€284,150 | +403.6% |
| Equity | 10/15 | €5,035 | €19,731 | +€14,697 | +291.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,965 | €4,731 | +€14,697 | |
| Amounts payable | 17/49 | €65,370 | €334,824 | +€269,453 | +412.2% |
| Amounts payable after more than one year | 17 | €3,014 | €16,835 | +€13,821 | +458.6% |
| Other amounts payable | 178/9 | €3,014 | €16,835 | +€13,821 | +458.6% |
| Amounts payable within one year | 42/48 | €62,356 | €317,989 | +€255,632 | +410.0% |
| Trade debts | 44 | €8,311 | €237,348 | +€229,037 | +2755.9% |
| Suppliers | 440/4 | €8,311 | €237,348 | +€229,037 | +2755.9% |
| Taxes, remuneration and social security | 45 | €53,435 | €70,417 | +€16,982 | +31.8% |
| Taxes | 450/3 | €29,544 | €36,802 | +€7,257 | +24.6% |
| Remuneration and social security | 454/9 | €23,891 | €33,616 | +€9,724 | +40.7% |
| Other amounts payable | 47/48 | €610 | €10,224 | +€9,613 | +1574.8% |
| Remuneration, social security and pensions | 62 | €61,466 | €242,518 | +€181,052 | +294.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,399 | €23,419 | +€17,020 | +266.0% |
| Other operating charges | 640/8 | - | €114 | +€114 | |
| Gross operating margin | 9900 | €66,429 | €286,429 | +€220,000 | +331.2% |
| Operating profit (loss) | 9901 | -€1,436 | €20,378 | +€21,814 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €127 | €501 | +€374 | +293.9% |
| Recurring financial charges | 65 | €127 | €501 | +€374 | +293.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,563 | €19,879 | +€21,443 | |
| Income taxes | 67/77 | - | €1,183 | +€1,183 | |
| Profit (loss) for the period | 9904 | -€1,563 | €18,697 | +€20,260 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,563 | €18,697 | +€20,260 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.