WORK PERFECT: 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.
WORK PERFECT
Largest movements
- Receivables within one year -€84,337
down €84,337 (-30.1%), from €280,198 to €195,861
of which Trade receivables: -€69,235
- Cash +€78,758
up €78,758 (+1,037%), from €7,595 to €86,353
mainly Receivables within one year (+€84,337) and Net result for the year (+€67,143)
- Tangible fixed assets -€6,005
down €6,005 (-57.2%), from €10,491 to €4,486
- Trade debts -€27,784
down €27,784 (-61.2%), from €45,406 to €17,623
- Tax, wage and social debts +€25,008
up €25,008 (+40.7%), from €61,496 to €86,504
of which Remuneration and social security: +€14,172
- Profit (loss) carried forward -€12,857
down €12,857 (-10.9%), from €118,436 to €105,579
- Other debts +€4,250
up €4,250 (+6.7%), from €63,750 to €68,000
- Staff costs -€49,240
down €49,240 (-15.3%), from €321,535 to €272,295
- Gross operating margin -€39,924
down €39,924 (-9.6%), from €417,981 to €378,057
- Taxes +€15,405
up €15,405 (+93.3%), from €16,513 to €31,918
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 | €299,089 | €287,706 | -€11,383 | -3.8% |
| Fixed assets | 21/28 | €10,966 | €5,161 | -€5,805 | -52.9% |
| Tangible fixed assets | 22/27 | €10,491 | €4,486 | -€6,005 | -57.2% |
| Furniture and vehicles | 24 | €10,491 | €4,486 | -€6,005 | -57.2% |
| Financial fixed assets | 28 | €475 | €675 | +€200 | +42.1% |
| Current assets | 29/58 | €288,123 | €282,545 | -€5,579 | -1.9% |
| Amounts receivable within one year | 40/41 | €280,198 | €195,861 | -€84,337 | -30.1% |
| Trade receivables | 40 | €202,117 | €132,882 | -€69,235 | -34.3% |
| Other amounts receivable | 41 | €78,081 | €62,980 | -€15,102 | -19.3% |
| Cash at bank and in hand | 54/58 | €7,595 | €86,353 | +€78,758 | +1,037% |
| Deferred charges and accrued income | 490/1 | €330 | €330 | = | 0.0% |
| Total equity and liabilities | 10/49 | €299,089 | €287,706 | -€11,383 | -3.8% |
| Equity | 10/15 | €128,436 | €115,579 | -€12,857 | -10.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,436 | €105,579 | -€12,857 | -10.9% |
| Amounts payable | 17/49 | €170,653 | €172,127 | +€1,474 | +0.9% |
| Amounts payable within one year | 42/48 | €170,653 | €172,127 | +€1,474 | +0.9% |
| Trade debts | 44 | €45,406 | €17,623 | -€27,784 | -61.2% |
| Suppliers | 440/4 | €45,406 | €17,623 | -€27,784 | -61.2% |
| Taxes, remuneration and social security | 45 | €61,496 | €86,504 | +€25,008 | +40.7% |
| Taxes | 450/3 | €29,605 | €40,441 | +€10,836 | +36.6% |
| Remuneration and social security | 454/9 | €31,891 | €46,063 | +€14,172 | +44.4% |
| Other amounts payable | 47/48 | €63,750 | €68,000 | +€4,250 | +6.7% |
| Remuneration, social security and pensions | 62 | €321,535 | €272,295 | -€49,240 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,628 | €6,005 | -€623 | -9.4% |
| Other operating charges | 640/8 | €1,020 | €205 | -€816 | -79.9% |
| Non-recurring operating charges | 66A | €9,947 | - | -€9,947 | |
| Gross operating margin | 9900 | €417,981 | €378,057 | -€39,924 | -9.6% |
| Operating profit (loss) | 9901 | €78,851 | €99,552 | +€20,701 | +26.3% |
| Financial income | 75/76B | €1,042 | €10 | -€1,032 | -99.0% |
| Recurring financial income | 75 | €1,042 | €10 | -€1,032 | -99.0% |
| Financial charges | 65/66B | €1,080 | €502 | -€578 | -53.5% |
| Recurring financial charges | 65 | €1,080 | €502 | -€578 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €78,813 | €99,061 | +€20,247 | +25.7% |
| Income taxes | 67/77 | €16,513 | €31,918 | +€15,405 | +93.3% |
| Profit (loss) for the period | 9904 | €62,300 | €67,143 | +€4,842 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,300 | €67,143 | +€4,842 | +7.8% |
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 25 October 2026 via checked.be.