Workspacebrussels: 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.
Workspacebrussels
Largest movements
- Cash -€35,110
down €35,110 (-26.9%), from €130,536 to €95,426
mainly Net result for the year (-€36,652) and Tax, wage and social debts (-€20,030)
- Receivables within one year -€25,900
down €25,900 (-40.4%), from €64,128 to €38,229
of which Other amounts receivable: -€15,250
- Profit (loss) carried forward -€36,652
down €36,652 (-28.8%), from €127,354 to €90,702
- Tax, wage and social debts -€20,030
down €20,030 (-38.9%), from €51,436 to €31,406
of which Remuneration and social security: -€17,024
- Trade debts -€13,658
down €13,658 (-91.9%), from €14,866 to €1,208
- Accrued charges and deferred income +€5,928
up €5,928 (+117.6%), from €5,041 to €10,969
- Gross operating margin -€156,885
down €156,885 (-39.5%), from €396,768 to €239,883
- Staff costs -€90,868
down €90,868 (-24.9%), from €365,224 to €274,356
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 | €198,697 | €134,285 | -€64,412 | -32.4% |
| Fixed assets | 21/28 | €2,289 | €631 | -€1,658 | -72.4% |
| Tangible fixed assets | 22/27 | €2,289 | €631 | -€1,658 | -72.4% |
| Plant, machinery and equipment | 23 | €2,289 | €631 | -€1,658 | -72.4% |
| Current assets | 29/58 | €196,408 | €133,654 | -€62,754 | -32.0% |
| Amounts receivable within one year | 40/41 | €64,128 | €38,229 | -€25,900 | -40.4% |
| Trade receivables | 40 | €11,061 | €412 | -€10,649 | -96.3% |
| Other amounts receivable | 41 | €53,067 | €37,817 | -€15,250 | -28.7% |
| Cash at bank and in hand | 54/58 | €130,536 | €95,426 | -€35,110 | -26.9% |
| Deferred charges and accrued income | 490/1 | €1,744 | - | -€1,744 | |
| Total equity and liabilities | 10/49 | €198,697 | €134,285 | -€64,412 | -32.4% |
| Equity | 10/15 | €127,354 | €90,702 | -€36,652 | -28.8% |
| Profit (loss) carried forward | 14 | €127,354 | €90,702 | -€36,652 | -28.8% |
| Amounts payable | 17/49 | €71,343 | €43,583 | -€27,760 | -38.9% |
| Amounts payable within one year | 42/48 | €66,302 | €32,614 | -€33,688 | -50.8% |
| Trade debts | 44 | €14,866 | €1,208 | -€13,658 | -91.9% |
| Suppliers | 440/4 | €14,866 | €1,208 | -€13,658 | -91.9% |
| Taxes, remuneration and social security | 45 | €51,436 | €31,406 | -€20,030 | -38.9% |
| Taxes | 450/3 | €7,341 | €4,335 | -€3,006 | -40.9% |
| Remuneration and social security | 454/9 | €44,095 | €27,071 | -€17,024 | -38.6% |
| Accrued charges and deferred income | 492/3 | €5,041 | €10,969 | +€5,928 | +117.6% |
| Remuneration, social security and pensions | 62 | €365,224 | €274,356 | -€90,868 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,782 | €1,658 | -€124 | -6.9% |
| Other operating charges | 640/8 | €56 | €213 | +€157 | +280.8% |
| Gross operating margin | 9900 | €396,768 | €239,883 | -€156,885 | -39.5% |
| Operating profit (loss) | 9901 | €29,706 | -€36,345 | -€66,051 | |
| Financial income | 75/76B | €1 | €36 | +€35 | +3509.0% |
| Recurring financial income | 75 | €1 | €36 | +€35 | +3509.0% |
| Financial charges | 65/66B | €257 | €343 | +€86 | +33.6% |
| Recurring financial charges | 65 | €257 | €343 | +€86 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €29,450 | -€36,652 | -€66,102 | |
| Profit (loss) for the period | 9904 | €29,450 | -€36,652 | -€66,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,450 | -€36,652 | -€66,102 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.