KS 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.
KS WORKS
Largest movements
- Cash -€4,481
down €4,481 (-41.2%), from €10,874 to €6,393
mainly Trade debts (-€10,227) and Receivables within one year (-€2,358)
- Receivables within one year +€2,358
up €2,358 (+15.7%), from €15,044 to €17,402
of which Trade receivables: +€2,302
- Trade debts -€10,227
down €10,227 (-83.6%), from €12,239 to €2,012
- Profit (loss) carried forward +€3,619
up €3,619 (+79.9%), from €4,529 to €8,148
- Accrued charges and deferred income +€2,400
up €2,400 (+200%), from €1,200 to €3,600
- Tax, wage and social debts +€2,085
up €2,085 (+70.7%), from €2,950 to €5,035
- Gross operating margin -€1,051
down €1,051 (-17.3%), from €6,073 to €5,022
- Taxes -€216
down €216 (-19.0%), from €1,132 to €917
- Financial charges +€63
up €63 (+264%), from €24 to €86
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 | €25,918 | €23,795 | -€2,123 | -8.2% |
| Current assets | 29/58 | €25,918 | €23,795 | -€2,123 | -8.2% |
| Amounts receivable within one year | 40/41 | €15,044 | €17,402 | +€2,358 | +15.7% |
| Trade receivables | 40 | €15,044 | €17,346 | +€2,302 | +15.3% |
| Other amounts receivable | 41 | - | €56 | +€56 | |
| Cash at bank and in hand | 54/58 | €10,874 | €6,393 | -€4,481 | -41.2% |
| Total equity and liabilities | 10/49 | €25,918 | €23,795 | -€2,123 | -8.2% |
| Equity | 10/15 | €9,529 | €13,148 | +€3,619 | +38.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,529 | €8,148 | +€3,619 | +79.9% |
| Amounts payable | 17/49 | €16,388 | €10,647 | -€5,742 | -35.0% |
| Amounts payable within one year | 42/48 | €15,188 | €7,047 | -€8,142 | -53.6% |
| Trade debts | 44 | €12,239 | €2,012 | -€10,227 | -83.6% |
| Suppliers | 440/4 | €12,239 | €2,012 | -€10,227 | -83.6% |
| Taxes, remuneration and social security | 45 | €2,950 | €5,035 | +€2,085 | +70.7% |
| Taxes | 450/3 | €2,950 | €5,035 | +€2,085 | +70.7% |
| Accrued charges and deferred income | 492/3 | €1,200 | €3,600 | +€2,400 | +200% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €6,073 | €5,022 | -€1,051 | -17.3% |
| Operating profit (loss) | 9901 | €5,686 | €4,622 | -€1,064 | -18.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €24 | €86 | +€63 | +264% |
| Recurring financial charges | 65 | €24 | €86 | +€63 | +264% |
| Profit (loss) for the period before taxes | 9903 | €5,662 | €4,535 | -€1,126 | -19.9% |
| Income taxes | 67/77 | €1,132 | €917 | -€216 | -19.0% |
| Profit (loss) for the period | 9904 | €4,529 | €3,619 | -€911 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,529 | €3,619 | -€911 | -20.1% |
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 27 October 2026 via checked.be.