WORQTEAM: 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.
WORQTEAM
Largest movements
- Receivables within one year +€46,447
up €46,447 (+44.1%), from €105,440 to €151,887
of which Trade receivables: +€90,284
- Deferred charges and accrued income -€9,010
no longer reported in 2025 (was €9,010)
- Tangible fixed assets +€6,920
up €6,920 (+27.6%), from €25,040 to €31,960
of which Furniture and vehicles: +€7,320
- Financial fixed assets -€4,500
down €4,500 (-8.6%), from €52,200 to €47,700
- Tax, wage and social debts +€141,411
up €141,411 (+134%), from €105,875 to €247,287
of which Remuneration and social security: +€87,803
- Profit (loss) carried forward -€123,644
new in 2025: -€123,644
- Other debts +€22,927
up €22,927 (+26,223%), from €87 to €23,014
- Trade debts -€19,976
down €19,976 (-70.4%), from €28,387 to €8,411
- Short-term financial debts +€18,543
new in 2025: €18,543
- Staff costs +€200,511
up €200,511 (+44.4%), from €451,665 to €652,176
- Gross operating margin +€143,931
up €143,931 (+30.2%), from €477,123 to €621,055
- Depreciation -€12,545
no longer reported in 2025 (was €12,545)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,285 | €231,547 | +€39,262 | +20.4% |
| Fixed assets | 21/28 | €77,240 | €79,660 | +€2,420 | +3.1% |
| Tangible fixed assets | 22/27 | €25,040 | €31,960 | +€6,920 | +27.6% |
| Furniture and vehicles | 24 | €23,174 | €30,494 | +€7,320 | +31.6% |
| Leasing and similar rights | 25 | €1,866 | €1,466 | -€400 | -21.4% |
| Financial fixed assets | 28 | €52,200 | €47,700 | -€4,500 | -8.6% |
| Current assets | 29/58 | €115,045 | €151,887 | +€36,842 | +32.0% |
| Amounts receivable within one year | 40/41 | €105,440 | €151,887 | +€46,447 | +44.1% |
| Trade receivables | 40 | €61,453 | €151,736 | +€90,284 | +147% |
| Other amounts receivable | 41 | €43,987 | €150 | -€43,837 | -99.7% |
| Cash at bank and in hand | 54/58 | €595 | - | -€595 | |
| Deferred charges and accrued income | 490/1 | €9,010 | - | -€9,010 | |
| Total equity and liabilities | 10/49 | €192,285 | €231,547 | +€39,262 | +20.4% |
| Equity | 10/15 | €57,935 | -€65,709 | -€123,644 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €53,935 | €53,935 | = | 0.0% |
| Distributable reserves | 133 | €53,935 | €53,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€123,644 | -€123,644 | |
| Amounts payable | 17/49 | €134,350 | €297,256 | +€162,906 | +121% |
| Amounts payable within one year | 42/48 | €134,350 | €297,256 | +€162,906 | +121% |
| Financial debts | 43 | - | €18,543 | +€18,543 | |
| Credit institutions | 430/8 | - | €18,543 | +€18,543 | |
| Trade debts | 44 | €28,387 | €8,411 | -€19,976 | -70.4% |
| Suppliers | 440/4 | €28,387 | €8,411 | -€19,976 | -70.4% |
| Taxes, remuneration and social security | 45 | €105,875 | €247,287 | +€141,411 | +134% |
| Taxes | 450/3 | €65,422 | €119,030 | +€53,608 | +81.9% |
| Remuneration and social security | 454/9 | €40,453 | €128,256 | +€87,803 | +217% |
| Other amounts payable | 47/48 | €87 | €23,014 | +€22,927 | +26,223% |
| Remuneration, social security and pensions | 62 | €451,665 | €652,176 | +€200,511 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,545 | - | -€12,545 | |
| Other operating charges | 640/8 | €20,873 | €16,493 | -€4,380 | -21.0% |
| Gross operating margin | 9900 | €477,123 | €621,055 | +€143,931 | +30.2% |
| Operating profit (loss) | 9901 | -€7,960 | -€47,614 | -€39,654 | -498% |
| Financial income | 75/76B | €810 | - | -€810 | |
| Recurring financial income | 75 | €810 | - | -€810 | |
| Financial charges | 65/66B | €4,739 | €3,297 | -€1,442 | -30.4% |
| Recurring financial charges | 65 | €4,739 | €3,297 | -€1,442 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,889 | -€50,911 | -€39,022 | -328% |
| Income taxes | 67/77 | €1,574 | €105 | -€1,469 | -93.3% |
| Profit (loss) for the period | 9904 | -€13,463 | -€51,016 | -€37,553 | -279% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,463 | -€51,016 | -€37,553 | -279% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.