'T WK: what changed
Two fiscal 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.
'T WK
Largest movements
- Tangible fixed assets -€10,000
down €10,000 (-14.8%), from €67,568 to €57,568
- Receivables within one year +€5,634
up €5,634 (+25207.7%), from €22 to €5,656
- Cash +€3,161
up €3,161 (+113.4%), from €2,789 to €5,950
mainly Trade debts (+€13,169) and Depreciation (+€11,000)
- Intangible fixed assets -€1,000
down €1,000 (-23.7%), from €4,227 to €3,227
- Profit (loss) carried forward -€18,958
down €18,958 (-261.1%), from -€7,261 to -€26,219
- Trade debts +€13,169
up €13,169 (+356.5%), from €3,694 to €16,863
- Debts after one year -€7,698
down €7,698 (-21.5%), from €35,884 to €28,187
- Other debts +€6,625
up €6,625 (+19.4%), from €34,228 to €40,853
- Tax, wage and social debts +€4,421
up €4,421 (+530.9%), from €833 to €5,254
of which Remuneration and social security: +€5,000
- Gross operating margin -€6,878
down €6,878, from €5,365 to -€1,514
- Depreciation +€2,795
up €2,795 (+34.1%), from €8,205 to €11,000
- Staff costs +€1,866
up €1,866 (+603.7%), from €309 to €2,175
- Financial charges +€83
up €83 (+2.6%), from €3,192 to €3,275
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.
Cash bridge derived
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 | €82,751 | €80,635 | -€2,116 | -2.6% |
| Fixed assets | 21/28 | €71,795 | €60,795 | -€11,000 | -15.3% |
| Intangible fixed assets | 21 | €4,227 | €3,227 | -€1,000 | -23.7% |
| Tangible fixed assets | 22/27 | €67,568 | €57,568 | -€10,000 | -14.8% |
| Plant, machinery and equipment | 23 | €67,568 | €57,568 | -€10,000 | -14.8% |
| Current assets | 29/58 | €10,956 | €19,840 | +€8,884 | +81.1% |
| Stocks and contracts in progress | 3 | €8,145 | €8,145 | = | 0.0% |
| Stocks | 30/36 | €8,145 | €8,145 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22 | €5,656 | +€5,634 | +25207.7% |
| Other amounts receivable | 41 | €22 | €5,656 | +€5,634 | +25207.7% |
| Cash at bank and in hand | 54/58 | €2,789 | €5,950 | +€3,161 | +113.4% |
| Deferred charges and accrued income | 490/1 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €82,751 | €80,635 | -€2,116 | -2.6% |
| Equity | 10/15 | €739 | -€18,219 | -€18,958 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,261 | -€26,219 | -€18,958 | -261.1% |
| Amounts payable | 17/49 | €82,013 | €98,854 | +€16,841 | +20.5% |
| Amounts payable after more than one year | 17 | €35,884 | €28,187 | -€7,698 | -21.5% |
| Financial debts | 170/4 | €35,884 | €28,187 | -€7,698 | -21.5% |
| Amounts payable within one year | 42/48 | €46,129 | €70,668 | +€24,539 | +53.2% |
| Current portion of amounts payable after more than one year | 42 | €7,373 | €7,698 | +€324 | +4.4% |
| Trade debts | 44 | €3,694 | €16,863 | +€13,169 | +356.5% |
| Suppliers | 440/4 | €3,694 | €16,863 | +€13,169 | +356.5% |
| Taxes, remuneration and social security | 45 | €833 | €5,254 | +€4,421 | +530.9% |
| Taxes | 450/3 | €833 | €254 | -€579 | -69.5% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €34,228 | €40,853 | +€6,625 | +19.4% |
| Remuneration, social security and pensions | 62 | €309 | €2,175 | +€1,866 | +603.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,205 | €11,000 | +€2,795 | +34.1% |
| Other operating charges | 640/8 | €967 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €5,365 | -€1,514 | -€6,878 | |
| Operating profit (loss) | 9901 | -€4,116 | -€15,686 | -€11,570 | -281.1% |
| Financial income | 75/76B | €46 | €4 | -€43 | -92.2% |
| Recurring financial income | 75 | €46 | €4 | -€43 | -92.2% |
| Financial charges | 65/66B | €3,192 | €3,275 | +€83 | +2.6% |
| Recurring financial charges | 65 | €3,192 | €3,275 | +€83 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,261 | -€18,958 | -€11,696 | -161.1% |
| Profit (loss) for the period | 9904 | -€7,261 | -€18,958 | -€11,696 | -161.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,261 | -€18,958 | -€11,696 | -161.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.