WK BELUX: 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.
WK BELUX
Largest movements
- Cash +€4,257
up €4,257 (+35.9%), from €11,851 to €16,108
mainly Net result for the year (+€10,453) and Advances received (+€4,097)
- Receivables within one year -€2,764
down €2,764 (-13.0%), from €21,239 to €18,475
of which Trade receivables: -€3,026
- Current portion of long-term debt -€11,304
down €11,304 (-83.2%), from €13,591 to €2,287
- Profit (loss) carried forward +€10,453
up €10,453 (+50.0%), from -€20,917 to -€10,465
- Advances received +€4,097
up €4,097 (+21.4%), from €19,164 to €23,261
- Other debts -€3,081
down €3,081 (-63.2%), from €4,878 to €1,798
- Tax, wage and social debts +€2,699
up €2,699 (+740%), from €364 to €3,063
of which Remuneration and social security: +€2,663
- Gross operating margin -€11,490
down €11,490 (-51.0%), from €22,513 to €11,023
- Financial income -€588
no longer reported in 2025 (was €588)
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 | €33,091 | €34,583 | +€1,493 | +4.5% |
| Current assets | 29/58 | €33,091 | €34,583 | +€1,493 | +4.5% |
| Amounts receivable within one year | 40/41 | €21,239 | €18,475 | -€2,764 | -13.0% |
| Trade receivables | 40 | €21,039 | €18,014 | -€3,026 | -14.4% |
| Other amounts receivable | 41 | €200 | €462 | +€262 | +131% |
| Cash at bank and in hand | 54/58 | €11,851 | €16,108 | +€4,257 | +35.9% |
| Total equity and liabilities | 10/49 | €33,091 | €34,583 | +€1,493 | +4.5% |
| Equity | 10/15 | -€8,317 | €2,135 | +€10,453 | |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,917 | -€10,465 | +€10,453 | +50.0% |
| Amounts payable | 17/49 | €41,408 | €32,448 | -€8,960 | -21.6% |
| Amounts payable after more than one year | 17 | €1,417 | - | -€1,417 | |
| Financial debts | 170/4 | €1,417 | - | -€1,417 | |
| Amounts payable within one year | 42/48 | €39,991 | €32,448 | -€7,543 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €13,591 | €2,287 | -€11,304 | -83.2% |
| Trade debts | 44 | €1,993 | €2,039 | +€45 | +2.3% |
| Suppliers | 440/4 | €1,993 | €2,039 | +€45 | +2.3% |
| Advances received on contracts in progress | 46 | €19,164 | €23,261 | +€4,097 | +21.4% |
| Taxes, remuneration and social security | 45 | €364 | €3,063 | +€2,699 | +740% |
| Taxes | 450/3 | €364 | €400 | +€36 | +9.8% |
| Remuneration and social security | 454/9 | - | €2,663 | +€2,663 | |
| Other amounts payable | 47/48 | €4,878 | €1,798 | -€3,081 | -63.2% |
| Other operating charges | 640/8 | €261 | €116 | -€146 | -55.7% |
| Gross operating margin | 9900 | €22,513 | €11,023 | -€11,490 | -51.0% |
| Operating profit (loss) | 9901 | €22,252 | €10,907 | -€11,345 | -51.0% |
| Financial income | 75/76B | €588 | - | -€588 | |
| Recurring financial income | 75 | €588 | - | -€588 | |
| Financial charges | 65/66B | €616 | €455 | -€161 | -26.1% |
| Recurring financial charges | 65 | €616 | €455 | -€161 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €22,224 | €10,453 | -€11,772 | -53.0% |
| Profit (loss) for the period | 9904 | €22,224 | €10,453 | -€11,772 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,224 | €10,453 | -€11,772 | -53.0% |
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 25 October 2026 via checked.be.