KP WORKX: 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.
KP WORKX
Largest movements
- Cash -€83,850
down €83,850 (-80.2%), from €104,498 to €20,647
mainly Investment in fixed assets (net) (-€68,985) and Tax, wage and social debts (-€42,138)
- Tangible fixed assets +€49,939
up €49,939 (+89.7%), from €55,673 to €105,612
of which Furniture and vehicles: +€55,872
- Receivables within one year +€30,165
up €30,165 (+35.3%), from €85,448 to €115,613
of which Other amounts receivable: +€27,808
- Tax, wage and social debts -€42,138
down €42,138 (-89.2%), from €47,230 to €5,091
- Debts after one year +€15,186
up €15,186 (+43.8%), from €34,697 to €49,883
- Current portion of long-term debt +€14,527
up €14,527 (+100%), from €14,463 to €28,990
- Reserves +€4,414
up €4,414 (+3.2%), from €139,278 to €143,692
- Trade debts +€3,008
up €3,008 (+35.4%), from €8,506 to €11,514
- Gross operating margin +€5,428
up €5,428 (+21.7%), from €25,056 to €30,484
- Depreciation +€3,230
up €3,230 (+20.4%), from €15,836 to €19,066
- Financial charges +€1,893
up €1,893 (+151%), from €1,257 to €3,151
- Taxes +€551
up €551 (+33.4%), from €1,647 to €2,198
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 | €247,174 | €242,170 | -€5,004 | -2.0% |
| Fixed assets | 21/28 | €55,732 | €105,651 | +€49,919 | +89.6% |
| Intangible fixed assets | 21 | €59 | €39 | -€20 | -33.9% |
| Tangible fixed assets | 22/27 | €55,673 | €105,612 | +€49,939 | +89.7% |
| Plant, machinery and equipment | 23 | €2,113 | €2,638 | +€525 | +24.9% |
| Furniture and vehicles | 24 | €23,003 | €78,875 | +€55,872 | +243% |
| Leasing and similar rights | 25 | €30,557 | €24,099 | -€6,458 | -21.1% |
| Current assets | 29/58 | €191,442 | €136,519 | -€54,923 | -28.7% |
| Amounts receivable within one year | 40/41 | €85,448 | €115,613 | +€30,165 | +35.3% |
| Trade receivables | 40 | €31,536 | €33,893 | +€2,357 | +7.5% |
| Other amounts receivable | 41 | €53,912 | €81,720 | +€27,808 | +51.6% |
| Cash at bank and in hand | 54/58 | €104,498 | €20,647 | -€83,850 | -80.2% |
| Deferred charges and accrued income | 490/1 | €1,496 | €258 | -€1,238 | -82.8% |
| Total equity and liabilities | 10/49 | €247,174 | €242,170 | -€5,004 | -2.0% |
| Equity | 10/15 | €142,278 | €146,692 | +€4,414 | +3.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €139,278 | €143,692 | +€4,414 | +3.2% |
| Distributable reserves | 133 | €139,278 | €143,692 | +€4,414 | +3.2% |
| Amounts payable | 17/49 | €104,896 | €95,478 | -€9,418 | -9.0% |
| Amounts payable after more than one year | 17 | €34,697 | €49,883 | +€15,186 | +43.8% |
| Financial debts | 170/4 | €34,697 | €49,883 | +€15,186 | +43.8% |
| Amounts payable within one year | 42/48 | €70,199 | €45,595 | -€24,604 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €14,463 | €28,990 | +€14,527 | +100% |
| Trade debts | 44 | €8,506 | €11,514 | +€3,008 | +35.4% |
| Suppliers | 440/4 | €8,506 | €11,514 | +€3,008 | +35.4% |
| Taxes, remuneration and social security | 45 | €47,230 | €5,091 | -€42,138 | -89.2% |
| Taxes | 450/3 | €47,230 | €5,091 | -€42,138 | -89.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €867 | €6,733 | +€5,866 | +676% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,836 | €19,066 | +€3,230 | +20.4% |
| Other operating charges | 640/8 | €1,806 | €1,617 | -€189 | -10.4% |
| Non-recurring operating charges | 66A | - | €180 | +€180 | |
| Gross operating margin | 9900 | €25,056 | €30,484 | +€5,428 | +21.7% |
| Operating profit (loss) | 9901 | €7,414 | €9,621 | +€2,207 | +29.8% |
| Financial income | 75/76B | €1 | €142 | +€141 | +23,151% |
| Recurring financial income | 75 | €1 | €142 | +€141 | +23,151% |
| Financial charges | 65/66B | €1,257 | €3,151 | +€1,893 | +151% |
| Recurring financial charges | 65 | €1,257 | €3,151 | +€1,893 | +151% |
| Profit (loss) for the period before taxes | 9903 | €6,157 | €6,612 | +€455 | +7.4% |
| Income taxes | 67/77 | €1,647 | €2,198 | +€551 | +33.4% |
| Profit (loss) for the period | 9904 | €4,510 | €4,414 | -€96 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,510 | €4,414 | -€96 | -2.1% |
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 30 October 2026 via checked.be.