Workshop products and services: 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.
Workshop products and services
Largest movements
- Receivables within one year -€82,114
down €82,114 (-26.9%), from €305,420 to €223,305
of which Trade receivables: -€113,797
- Receivables after one year -€30,000
down €30,000 (-100%), from €30,000 to €0
- Cash +€20,760
up €20,760 (+124%), from €16,737 to €37,497
mainly Receivables within one year (+€82,114) and Depreciation (+€47,167)
- Stocks and contracts +€15,179
up €15,179 (+34.7%), from €43,797 to €58,976
- Tangible fixed assets -€11,753
down €11,753 (-8.6%), from €136,099 to €124,346
of which Furniture and vehicles: -€25,913
- Trade debts -€68,901
down €68,901 (-31.0%), from €222,158 to €153,257
- Tax, wage and social debts -€61,433
down €61,433 (-50.9%), from €120,604 to €59,171
of which Taxes: -€48,071
- Reserves +€38,500
up €38,500 (+43.6%), from €88,391 to €126,891
- Current portion of long-term debt +€5,951
up €5,951 (+29.6%), from €20,125 to €26,076
- Gross operating margin +€101,666
up €101,666 (+47.4%), from €214,568 to €316,234
- Write-downs +€34,698
up €34,698 (+1,329%), from €2,610 to €37,308
- Staff costs +€33,982
up €33,982 (+27.2%), from €124,758 to €158,740
- Depreciation +€9,115
up €9,115 (+24.0%), from €38,053 to €47,167
- Taxes +€5,548
up €5,548 (+41.5%), from €13,380 to €18,928
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 | €534,438 | €446,384 | -€88,054 | -16.5% |
| Fixed assets | 21/28 | €137,734 | €126,116 | -€11,618 | -8.4% |
| Tangible fixed assets | 22/27 | €136,099 | €124,346 | -€11,753 | -8.6% |
| Plant, machinery and equipment | 23 | - | €7,395 | +€7,395 | |
| Furniture and vehicles | 24 | €54,400 | €28,487 | -€25,913 | -47.6% |
| Leasing and similar rights | 25 | €72,148 | €80,388 | +€8,240 | +11.4% |
| Other tangible fixed assets | 26 | €9,551 | €8,075 | -€1,476 | -15.4% |
| Financial fixed assets | 28 | €1,635 | €1,770 | +€135 | +8.3% |
| Current assets | 29/58 | €396,704 | €320,268 | -€76,436 | -19.3% |
| Amounts receivable after more than one year | 29 | €30,000 | €0 | -€30,000 | -100% |
| Other amounts receivable | 291 | €30,000 | €0 | -€30,000 | -100% |
| Stocks and contracts in progress | 3 | €43,797 | €58,976 | +€15,179 | +34.7% |
| Stocks | 30/36 | €43,797 | €58,976 | +€15,179 | +34.7% |
| Amounts receivable within one year | 40/41 | €305,420 | €223,305 | -€82,114 | -26.9% |
| Trade receivables | 40 | €289,428 | €175,630 | -€113,797 | -39.3% |
| Other amounts receivable | 41 | €15,992 | €47,675 | +€31,683 | +198% |
| Cash at bank and in hand | 54/58 | €16,737 | €37,497 | +€20,760 | +124% |
| Deferred charges and accrued income | 490/1 | €750 | €489 | -€261 | -34.7% |
| Total equity and liabilities | 10/49 | €534,438 | €446,384 | -€88,054 | -16.5% |
| Equity | 10/15 | €112,673 | €151,187 | +€38,514 | +34.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €88,391 | €126,891 | +€38,500 | +43.6% |
| Distributable reserves | 133 | €88,391 | €126,891 | +€38,500 | +43.6% |
| Profit (loss) carried forward | 14 | €3,822 | €3,836 | +€14 | +0.4% |
| Provisions and deferred taxes | 16 | €3,813 | €3,813 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,813 | €3,813 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,813 | €3,813 | = | 0.0% |
| Amounts payable | 17/49 | €417,953 | €291,384 | -€126,569 | -30.3% |
| Amounts payable after more than one year | 17 | €54,261 | €52,880 | -€1,381 | -2.5% |
| Financial debts | 170/4 | €54,261 | €52,880 | -€1,381 | -2.5% |
| Amounts payable within one year | 42/48 | €363,691 | €238,504 | -€125,188 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €20,125 | €26,076 | +€5,951 | +29.6% |
| Trade debts | 44 | €222,158 | €153,257 | -€68,901 | -31.0% |
| Suppliers | 440/4 | €222,158 | €153,257 | -€68,901 | -31.0% |
| Taxes, remuneration and social security | 45 | €120,604 | €59,171 | -€61,433 | -50.9% |
| Taxes | 450/3 | €95,383 | €47,312 | -€48,071 | -50.4% |
| Remuneration and social security | 454/9 | €25,221 | €11,859 | -€13,363 | -53.0% |
| Other amounts payable | 47/48 | €804 | €0 | -€804 | -100% |
| Remuneration, social security and pensions | 62 | €124,758 | €158,740 | +€33,982 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,053 | €47,167 | +€9,115 | +24.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,610 | €37,308 | +€34,698 | +1,329% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,188 | €0 | +€2,188 | |
| Other operating charges | 640/8 | €4,907 | €6,745 | +€1,839 | +37.5% |
| Gross operating margin | 9900 | €214,568 | €316,234 | +€101,666 | +47.4% |
| Operating profit (loss) | 9901 | €46,428 | €66,273 | +€19,845 | +42.7% |
| Financial charges | 65/66B | €4,503 | €8,831 | +€4,328 | +96.1% |
| Recurring financial charges | 65 | €4,503 | €8,831 | +€4,328 | +96.1% |
| Profit (loss) for the period before taxes | 9903 | €41,925 | €57,442 | +€15,517 | +37.0% |
| Income taxes | 67/77 | €13,380 | €18,928 | +€5,548 | +41.5% |
| Profit (loss) for the period | 9904 | €28,545 | €38,514 | +€9,969 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,545 | €38,514 | +€9,969 | +34.9% |
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 19 October 2026 via checked.be.