Workplace Strategy: 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.
Workplace Strategy
Largest movements
- Cash +€200,347
up €200,347 (+160%), from €125,608 to €325,955
mainly Net result for the year (+€103,142) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€61,533
up €61,533 (+51.7%), from €118,957 to €180,490
of which Trade receivables: +€60,545
- Tangible fixed assets -€39,844
down €39,844 (-30.1%), from €132,392 to €92,548
of which Furniture and vehicles: -€37,081
- Deferred charges and accrued income -€6,475
down €6,475 (-38.6%), from €16,768 to €10,293
- Reserves +€103,142
up €103,142 (+30.7%), from €336,027 to €439,169
of which Distributable reserves: +€103,142
- Trade debts +€58,449
up €58,449 (+184%), from €31,686 to €90,135
- Tax, wage and social debts -€38,744
down €38,744 (-31.6%), from €122,553 to €83,809
of which Taxes: -€25,440
- Debts after one year -€10,427
down €10,427 (-85.3%), from €12,217 to €1,790
- Gross operating margin +€221,734
up €221,734 (+49.9%), from €444,647 to €666,381
- Staff costs +€66,381
up €66,381 (+17.1%), from €388,914 to €455,295
- Taxes +€52,718
up €52,718 (+1,488%), from €3,544 to €56,262
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 | €520,300 | €631,685 | +€111,385 | +21.4% |
| Fixed assets | 21/28 | €158,966 | €114,947 | -€44,020 | -27.7% |
| Intangible fixed assets | 21 | €21,575 | €17,399 | -€4,175 | -19.4% |
| Tangible fixed assets | 22/27 | €132,392 | €92,548 | -€39,844 | -30.1% |
| Plant, machinery and equipment | 23 | €7,975 | €6,076 | -€1,899 | -23.8% |
| Furniture and vehicles | 24 | €115,662 | €78,581 | -€37,081 | -32.1% |
| Other tangible fixed assets | 26 | €8,754 | €7,891 | -€864 | -9.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €361,333 | €516,738 | +€155,405 | +43.0% |
| Amounts receivable within one year | 40/41 | €118,957 | €180,490 | +€61,533 | +51.7% |
| Trade receivables | 40 | €118,615 | €179,159 | +€60,545 | +51.0% |
| Other amounts receivable | 41 | €343 | €1,330 | +€988 | +288% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €125,608 | €325,955 | +€200,347 | +160% |
| Deferred charges and accrued income | 490/1 | €16,768 | €10,293 | -€6,475 | -38.6% |
| Total equity and liabilities | 10/49 | €520,300 | €631,685 | +€111,385 | +21.4% |
| Equity | 10/15 | €342,227 | €445,369 | +€103,142 | +30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €336,027 | €439,169 | +€103,142 | +30.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €251,827 | €354,969 | +€103,142 | +41.0% |
| Amounts payable | 17/49 | €178,073 | €186,316 | +€8,244 | +4.6% |
| Amounts payable after more than one year | 17 | €12,217 | €1,790 | -€10,427 | -85.3% |
| Financial debts | 170/4 | €12,217 | €1,790 | -€10,427 | -85.3% |
| Amounts payable within one year | 42/48 | €164,146 | €184,526 | +€20,380 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €9,906 | €10,427 | +€520 | +5.2% |
| Financial debts | 43 | - | €156 | +€156 | |
| Credit institutions | 430/8 | - | €156 | +€156 | |
| Trade debts | 44 | €31,686 | €90,135 | +€58,449 | +184% |
| Suppliers | 440/4 | €31,686 | €90,135 | +€58,449 | +184% |
| Taxes, remuneration and social security | 45 | €122,553 | €83,809 | -€38,744 | -31.6% |
| Taxes | 450/3 | €56,432 | €30,992 | -€25,440 | -45.1% |
| Remuneration and social security | 454/9 | €66,121 | €52,817 | -€13,304 | -20.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,710 | €0 | -€1,710 | -100% |
| Non-recurring operating income | 76A | - | €1,250 | +€1,250 | |
| Remuneration, social security and pensions | 62 | €388,914 | €455,295 | +€66,381 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,638 | €47,070 | -€4,569 | -8.8% |
| Other operating charges | 640/8 | €2,889 | €3,883 | +€994 | +34.4% |
| Non-recurring operating charges | 66A | €1,694 | €0 | -€1,694 | -100% |
| Gross operating margin | 9900 | €444,647 | €666,381 | +€221,734 | +49.9% |
| Operating profit (loss) | 9901 | -€488 | €160,133 | +€160,622 | |
| Financial income | 75/76B | €1,217 | €1,699 | +€483 | +39.7% |
| Recurring financial income | 75 | €1,217 | €1,699 | +€483 | +39.7% |
| Financial charges | 65/66B | €2,174 | €2,429 | +€255 | +11.7% |
| Recurring financial charges | 65 | €2,174 | €2,429 | +€255 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,446 | €159,403 | +€160,850 | |
| Income taxes | 67/77 | €3,544 | €56,262 | +€52,718 | +1,488% |
| Profit (loss) for the period | 9904 | -€4,990 | €103,142 | +€108,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,990 | €103,142 | +€108,132 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.