K1000-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.
K1000-works
Largest movements
- Cash +€23,051
up €23,051 (+125%), from €18,405 to €41,456
mainly Other debts (+€47,424) and Depreciation (+€12,231)
- Tangible fixed assets -€14,492
down €14,492 (-32.0%), from €45,326 to €30,834
of which Furniture and vehicles: -€7,796
- Receivables within one year -€6,356
down €6,356 (-15.2%), from €41,754 to €35,398
of which Other amounts receivable: -€4,271
- Other debts +€47,424
up €47,424 (+129%), from €36,840 to €84,264
- Profit (loss) carried forward -€39,313
no longer reported in 2025 (was €39,313)
- Debts after one year -€7,912
down €7,912 (-92.2%), from €8,586 to €673
- Tax, wage and social debts +€7,553
up €7,553 (+220%), from €3,426 to €10,979
- Trade debts -€5,842
down €5,842 (-69.5%), from €8,406 to €2,564
- Gross operating margin -€13,249
down €13,249 (-31.6%), from €41,871 to €28,622
- Depreciation -€5,816
down €5,816 (-32.2%), from €18,047 to €12,231
- Financial charges -€1,482
down €1,482 (-67.8%), from €2,185 to €703
- Taxes +€1,083
up €1,083 (+44.3%), from €2,443 to €3,525
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 | €106,186 | €108,393 | +€2,208 | +2.1% |
| Fixed assets | 21/28 | €45,326 | €30,834 | -€14,492 | -32.0% |
| Tangible fixed assets | 22/27 | €45,326 | €30,834 | -€14,492 | -32.0% |
| Plant, machinery and equipment | 23 | €12,380 | €6,367 | -€6,013 | -48.6% |
| Furniture and vehicles | 24 | €29,693 | €21,898 | -€7,796 | -26.3% |
| Other tangible fixed assets | 26 | €3,253 | €2,569 | -€684 | -21.0% |
| Current assets | 29/58 | €60,860 | €77,560 | +€16,700 | +27.4% |
| Amounts receivable within one year | 40/41 | €41,754 | €35,398 | -€6,356 | -15.2% |
| Trade receivables | 40 | €37,087 | €35,001 | -€2,086 | -5.6% |
| Other amounts receivable | 41 | €4,667 | €397 | -€4,271 | -91.5% |
| Cash at bank and in hand | 54/58 | €18,405 | €41,456 | +€23,051 | +125% |
| Deferred charges and accrued income | 490/1 | €701 | €707 | +€6 | +0.8% |
| Total equity and liabilities | 10/49 | €106,186 | €108,393 | +€2,208 | +2.1% |
| Equity | 10/15 | €41,313 | €2,000 | -€39,313 | -95.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,313 | - | -€39,313 | |
| Amounts payable | 17/49 | €64,872 | €106,393 | +€41,521 | +64.0% |
| Amounts payable after more than one year | 17 | €8,586 | €673 | -€7,912 | -92.2% |
| Financial debts | 170/4 | €8,586 | €673 | -€7,912 | -92.2% |
| Amounts payable within one year | 42/48 | €56,287 | €105,720 | +€49,433 | +87.8% |
| Current portion of amounts payable after more than one year | 42 | €7,614 | €7,912 | +€298 | +3.9% |
| Trade debts | 44 | €8,406 | €2,564 | -€5,842 | -69.5% |
| Suppliers | 440/4 | €8,406 | €2,564 | -€5,842 | -69.5% |
| Taxes, remuneration and social security | 45 | €3,426 | €10,979 | +€7,553 | +220% |
| Taxes | 450/3 | €3,426 | €10,979 | +€7,553 | +220% |
| Other amounts payable | 47/48 | €36,840 | €84,264 | +€47,424 | +129% |
| Non-recurring operating income | 76A | - | €2,664 | +€2,664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,047 | €12,231 | -€5,816 | -32.2% |
| Other operating charges | 640/8 | €1,022 | €1,251 | +€229 | +22.4% |
| Non-recurring operating charges | 66A | €10,113 | - | -€10,113 | |
| Gross operating margin | 9900 | €41,871 | €28,622 | -€13,249 | -31.6% |
| Operating profit (loss) | 9901 | €12,689 | €15,140 | +€2,451 | +19.3% |
| Financial income | 75/76B | €35 | €0 | -€35 | -99.0% |
| Recurring financial income | 75 | €35 | €0 | -€35 | -99.0% |
| Financial charges | 65/66B | €2,185 | €703 | -€1,482 | -67.8% |
| Recurring financial charges | 65 | €2,185 | €703 | -€1,482 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | €10,539 | €14,438 | +€3,899 | +37.0% |
| Income taxes | 67/77 | €2,443 | €3,525 | +€1,083 | +44.3% |
| Profit (loss) for the period | 9904 | €8,096 | €10,912 | +€2,816 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,096 | €10,912 | +€2,816 | +34.8% |
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 31 October 2026 via checked.be.