BK-works: 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.
BK-works
Largest movements
- Tangible fixed assets +€22,639
up €22,639 (+225%), from €10,041 to €32,681
of which Furniture and vehicles: +€22,616
- Receivables within one year -€2,702
down €2,702 (-13.4%), from €20,152 to €17,450
of which Trade receivables: -€2,149
- Cash +€2,148
up €2,148 (+133%), from €1,612 to €3,760
mainly Debts after one year (+€12,348) and Depreciation (+€8,381)
- Debts after one year +€12,348
new in 2025: €12,348
- Current portion of long-term debt +€8,267
new in 2025: €8,267
- Trade debts +€1,772
up €1,772 (+57.9%), from €3,057 to €4,829
- Profit (loss) carried forward -€807
down €807 (-86.6%), from €931 to €124
- Gross operating margin -€10,537
down €10,537 (-46.0%), from €22,924 to €12,387
- Depreciation +€7,050
up €7,050 (+530%), from €1,331 to €8,381
- Taxes -€3,697
down €3,697 (-56.6%), from €6,530 to €2,833
- Financial charges +€795
up €795 (+114%), from €696 to €1,492
- Other operating charges +€388
up €388 (+388%), from €100 to €488
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 | €32,737 | €54,822 | +€22,085 | +67.5% |
| Fixed assets | 21/28 | €10,191 | €32,830 | +€22,639 | +222% |
| Tangible fixed assets | 22/27 | €10,041 | €32,681 | +€22,639 | +225% |
| Plant, machinery and equipment | 23 | €7,912 | €7,936 | +€24 | +0.3% |
| Furniture and vehicles | 24 | €2,129 | €24,745 | +€22,616 | +1,062% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €22,545 | €21,991 | -€554 | -2.5% |
| Stocks and contracts in progress | 3 | €782 | €782 | = | 0.0% |
| Stocks | 30/36 | €782 | €782 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,152 | €17,450 | -€2,702 | -13.4% |
| Trade receivables | 40 | €18,979 | €16,830 | -€2,149 | -11.3% |
| Other amounts receivable | 41 | €1,173 | €620 | -€553 | -47.2% |
| Cash at bank and in hand | 54/58 | €1,612 | €3,760 | +€2,148 | +133% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €32,737 | €54,822 | +€22,085 | +67.5% |
| Equity | 10/15 | €22,931 | €22,124 | -€807 | -3.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €931 | €124 | -€807 | -86.6% |
| Amounts payable | 17/49 | €9,806 | €32,697 | +€22,892 | +233% |
| Amounts payable after more than one year | 17 | - | €12,348 | +€12,348 | |
| Financial debts | 170/4 | - | €12,348 | +€12,348 | |
| Amounts payable within one year | 42/48 | €9,806 | €20,350 | +€10,544 | +108% |
| Current portion of amounts payable after more than one year | 42 | - | €8,267 | +€8,267 | |
| Trade debts | 44 | €3,057 | €4,829 | +€1,772 | +57.9% |
| Suppliers | 440/4 | €3,057 | €4,829 | +€1,772 | +57.9% |
| Taxes, remuneration and social security | 45 | €6,551 | €6,588 | +€36 | +0.6% |
| Taxes | 450/3 | €6,551 | €4,850 | -€1,702 | -26.0% |
| Remuneration and social security | 454/9 | - | €1,738 | +€1,738 | |
| Other amounts payable | 47/48 | €197 | €666 | +€469 | +238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,331 | €8,381 | +€7,050 | +530% |
| Other operating charges | 640/8 | €100 | €488 | +€388 | +388% |
| Gross operating margin | 9900 | €22,924 | €12,387 | -€10,537 | -46.0% |
| Operating profit (loss) | 9901 | €21,493 | €3,518 | -€17,975 | -83.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €696 | €1,492 | +€795 | +114% |
| Recurring financial charges | 65 | €696 | €1,492 | +€795 | +114% |
| Profit (loss) for the period before taxes | 9903 | €20,797 | €2,026 | -€18,770 | -90.3% |
| Income taxes | 67/77 | €6,530 | €2,833 | -€3,697 | -56.6% |
| Profit (loss) for the period | 9904 | €14,266 | -€807 | -€15,073 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,266 | -€807 | -€15,073 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.