WRKSHP: 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.
WRKSHP
Largest movements
- Tangible fixed assets +€8,345
up €8,345 (+204%), from €4,085 to €12,430
of which Other tangible fixed assets: +€9,490
- Cash +€5,159
up €5,159 (+7.2%), from €71,882 to €77,040
mainly Other debts (+€78,537) and Net result for the year (+€15,434)
- Receivables within one year -€4,984
down €4,984 (-50.7%), from €9,835 to €4,851
of which Other amounts receivable: -€6,146
- Other debts +€78,537
up €78,537 (+9,143%), from €859 to €79,396
- Profit (loss) carried forward -€50,399
down €50,399 (-100.0%), from €50,420 to €21
- Tax, wage and social debts -€20,637
down €20,637 (-89.3%), from €23,110 to €2,474
of which Taxes: -€12,922
- Trade debts +€2,158
up €2,158 (+92.9%), from €2,324 to €4,482
- Gross operating margin -€42,184
down €42,184 (-58.5%), from €72,075 to €29,891
- Taxes -€7,549
down €7,549 (-66.2%), from €11,403 to €3,854
- Financial charges -€6,016
down €6,016 (-46.5%), from €12,948 to €6,932
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 | €87,617 | €96,372 | +€8,756 | +10.0% |
| Fixed assets | 21/28 | €4,085 | €12,430 | +€8,345 | +204% |
| Tangible fixed assets | 22/27 | €4,085 | €12,430 | +€8,345 | +204% |
| Plant, machinery and equipment | 23 | €242 | €144 | -€98 | -40.4% |
| Furniture and vehicles | 24 | €3,842 | €2,796 | -€1,047 | -27.2% |
| Other tangible fixed assets | 26 | - | €9,490 | +€9,490 | |
| Current assets | 29/58 | €83,532 | €83,942 | +€410 | +0.5% |
| Amounts receivable within one year | 40/41 | €9,835 | €4,851 | -€4,984 | -50.7% |
| Trade receivables | 40 | - | €1,162 | +€1,162 | |
| Other amounts receivable | 41 | €9,835 | €3,689 | -€6,146 | -62.5% |
| Cash at bank and in hand | 54/58 | €71,882 | €77,040 | +€5,159 | +7.2% |
| Deferred charges and accrued income | 490/1 | €1,815 | €2,050 | +€235 | +13.0% |
| Total equity and liabilities | 10/49 | €87,617 | €96,372 | +€8,756 | +10.0% |
| Equity | 10/15 | €60,420 | €10,021 | -€50,399 | -83.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,420 | €21 | -€50,399 | -100.0% |
| Amounts payable | 17/49 | €27,196 | €86,352 | +€59,155 | +218% |
| Amounts payable within one year | 42/48 | €26,293 | €86,352 | +€60,059 | +228% |
| Trade debts | 44 | €2,324 | €4,482 | +€2,158 | +92.9% |
| Suppliers | 440/4 | €2,324 | €4,482 | +€2,158 | +92.9% |
| Taxes, remuneration and social security | 45 | €23,110 | €2,474 | -€20,637 | -89.3% |
| Taxes | 450/3 | €15,396 | €2,474 | -€12,922 | -83.9% |
| Remuneration and social security | 454/9 | €7,714 | €0 | -€7,714 | -100% |
| Other amounts payable | 47/48 | €859 | €79,396 | +€78,537 | +9,143% |
| Accrued charges and deferred income | 492/3 | €904 | €0 | -€904 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,212 | €4,246 | +€34 | +0.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €72,075 | €29,891 | -€42,184 | -58.5% |
| Operating profit (loss) | 9901 | €67,476 | €25,245 | -€42,230 | -62.6% |
| Financial income | 75/76B | €806 | €974 | +€168 | +20.9% |
| Recurring financial income | 75 | €806 | €974 | +€168 | +20.9% |
| Financial charges | 65/66B | €12,948 | €6,932 | -€6,016 | -46.5% |
| Recurring financial charges | 65 | €12,948 | €6,932 | -€6,016 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €55,333 | €19,287 | -€36,046 | -65.1% |
| Income taxes | 67/77 | €11,403 | €3,854 | -€7,549 | -66.2% |
| Profit (loss) for the period | 9904 | €43,930 | €15,434 | -€28,497 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,930 | €15,434 | -€28,497 | -64.9% |
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 18 October 2026 via checked.be.