Workservice: 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.
Workservice
Largest movements
- Deferred charges and accrued income +€68,816
up €68,816 (+2548.8%), from €2,700 to €71,516
- Stocks and contracts +€47,567
new in 2024: €47,567
- Receivables within one year +€44,159
up €44,159 (+23.4%), from €188,884 to €233,043
of which Trade receivables: +€61,229
- Tangible fixed assets -€9,468
down €9,468 (-6.4%), from €148,030 to €138,561
of which Furniture and vehicles: -€5,196
- Trade debts +€171,225
up €171,225 (+392.2%), from €43,662 to €214,887
- Tax, wage and social debts -€18,903
down €18,903 (-72.6%), from €26,024 to €7,121
- Other debts -€14,629
down €14,629 (-40.7%), from €35,969 to €21,339
- Profit (loss) carried forward +€11,010
up €11,010 (+12.1%), from €91,093 to €102,103
- Gross operating margin +€43,289
up €43,289, from -€19,048 to €24,241
- Taxes -€6,725
down €6,725 (-91.2%), from €7,378 to €653
- Other operating charges +€662
up €662 (+20.2%), from €3,283 to €3,944
- Depreciation -€454
down €454 (-4.6%), from €9,922 to €9,468
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 | €345,092 | €492,270 | +€147,179 | +42.6% |
| Fixed assets | 21/28 | €148,030 | €138,561 | -€9,468 | -6.4% |
| Tangible fixed assets | 22/27 | €148,030 | €138,561 | -€9,468 | -6.4% |
| Land and buildings | 22 | €135,800 | €131,900 | -€3,900 | -2.9% |
| Plant, machinery and equipment | 23 | €854 | €481 | -€373 | -43.6% |
| Furniture and vehicles | 24 | €11,375 | €6,180 | -€5,196 | -45.7% |
| Current assets | 29/58 | €197,062 | €353,709 | +€156,647 | +79.5% |
| Stocks and contracts in progress | 3 | - | €47,567 | +€47,567 | |
| Stocks | 30/36 | - | €47,567 | +€47,567 | |
| Amounts receivable within one year | 40/41 | €188,884 | €233,043 | +€44,159 | +23.4% |
| Trade receivables | 40 | €171,814 | €233,043 | +€61,229 | +35.6% |
| Other amounts receivable | 41 | €17,069 | - | -€17,069 | |
| Cash at bank and in hand | 54/58 | €5,478 | €1,583 | -€3,896 | -71.1% |
| Deferred charges and accrued income | 490/1 | €2,700 | €71,516 | +€68,816 | +2548.8% |
| Total equity and liabilities | 10/49 | €345,092 | €492,270 | +€147,179 | +42.6% |
| Equity | 10/15 | €205,810 | €215,678 | +€9,867 | +4.8% |
| Contributions | 10/11 | €8,739 | €8,739 | = | 0.0% |
| Reserves | 13 | €105,979 | €104,836 | -€1,143 | -1.1% |
| Non-distributable reserves | 130/1 | €874 | €874 | = | 0.0% |
| Reserves not available under the articles | 1311 | €874 | €874 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,876 | €99,734 | -€1,143 | -1.1% |
| Distributable reserves | 133 | €4,229 | €4,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,093 | €102,103 | +€11,010 | +12.1% |
| Provisions and deferred taxes | 16 | €33,625 | €33,245 | -€381 | -1.1% |
| Deferred taxes | 168 | €33,625 | €33,245 | -€381 | -1.1% |
| Amounts payable | 17/49 | €105,656 | €243,348 | +€137,692 | +130.3% |
| Amounts payable within one year | 42/48 | €105,656 | €243,348 | +€137,692 | +130.3% |
| Trade debts | 44 | €43,662 | €214,887 | +€171,225 | +392.2% |
| Suppliers | 440/4 | €43,662 | €214,887 | +€171,225 | +392.2% |
| Taxes, remuneration and social security | 45 | €26,024 | €7,121 | -€18,903 | -72.6% |
| Taxes | 450/3 | €26,024 | €7,121 | -€18,903 | -72.6% |
| Other amounts payable | 47/48 | €35,969 | €21,339 | -€14,629 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,922 | €9,468 | -€454 | -4.6% |
| Other operating charges | 640/8 | €3,283 | €3,944 | +€662 | +20.2% |
| Gross operating margin | 9900 | -€19,048 | €24,241 | +€43,289 | |
| Operating profit (loss) | 9901 | -€32,253 | €10,829 | +€43,081 | |
| Financial income | 75/76B | €180 | €42 | -€138 | -76.5% |
| Recurring financial income | 75 | €180 | €42 | -€138 | -76.5% |
| Financial charges | 65/66B | €641 | €732 | +€90 | +14.1% |
| Recurring financial charges | 65 | €641 | €732 | +€90 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€32,714 | €10,139 | +€42,853 | |
| Transfer from deferred taxes | 780 | €381 | €381 | = | 0.0% |
| Income taxes | 67/77 | €7,378 | €653 | -€6,725 | -91.2% |
| Profit (loss) for the period | 9904 | -€39,711 | €9,867 | +€49,578 | |
| Transfer from tax-exempt reserves | 789 | €1,143 | €1,143 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,568 | €11,010 | +€49,578 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.