WK HOLDING: what changed
What changed
WK HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€38,739
2025 · €347,204-€308,464
Equity
€552,443
2025 · €573,704-€21,261
Cash
€43,100
2025 · €41,371+€1,729
Balance sheet total
€591,955
2025 · €609,297-€17,342
Largest movements
Assets
- Current investments -€20,000
down €20,000 (-7.4%), from €270,000 to €250,000
Equity and liabilities
- Other debts +€23,864
up €23,864 (+249%), from €9,601 to €33,465
- Reserves -€22,000
down €22,000 (-4.0%), from €548,000 to €526,000
- Tax, wage and social debts -€19,266
down €19,266 (-76.2%), from €25,279 to €6,014
Income statement
- Financial income -€343,735
down €343,735 (-86.7%), from €396,378 to €52,644
of which Non-recurring financial income: -€290,266
- Taxes -€34,241
down €34,241 (-88.7%), from €38,618 to €4,378
- Gross operating margin +€1,099
up €1,099 (+12.9%), from -€8,518 to -€7,418
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€347,204
Gross operating margin
+€1,099
Depreciation
-€31
Other operating charges
-€54
Financial income
-€343,735
Financial charges
+€15
Taxes
+€34,241
Result 2026
€38,739
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,929
Investment
+€16,800
Financing
-€60,000
Cash 2025
€41,371
From operations (derived)
+€44,929
Net result for the year
+€38,739
Depreciation
+€31
Receivables within one year
+€1,845
Deferred charges and accrued income
+€395
Trade debts
-€679
Tax, wage and social debts
-€19,266
Other debts
+€23,864
Investment (derived)
+€16,800
Investment in fixed assets (net)
-€3,200
Current investments
+€20,000
Financing
-€60,000
Contributions, distributions and other
-€60,000
Cash 2026
€43,100
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €609,297 | €591,955 | -€17,342 | -2.8% |
| Fixed assets | 21/28 | €160,956 | €164,126 | +€3,170 | +2.0% |
| Tangible fixed assets | 22/27 | - | €3,170 | +€3,170 | |
| Plant, machinery and equipment | 23 | - | €3,170 | +€3,170 | |
| Financial fixed assets | 28 | €160,956 | €160,956 | = | 0.0% |
| Current assets | 29/58 | €448,340 | €427,829 | -€20,511 | -4.6% |
| Amounts receivable within one year | 40/41 | €133,119 | €131,274 | -€1,845 | -1.4% |
| Trade receivables | 40 | €8,119 | €6,274 | -€1,845 | -22.7% |
| Other amounts receivable | 41 | €125,000 | €125,000 | = | 0.0% |
| Current investments | 50/53 | €270,000 | €250,000 | -€20,000 | -7.4% |
| Cash at bank and in hand | 54/58 | €41,371 | €43,100 | +€1,729 | +4.2% |
| Deferred charges and accrued income | 490/1 | €3,851 | €3,455 | -€395 | -10.3% |
| Total equity and liabilities | 10/49 | €609,297 | €591,955 | -€17,342 | -2.8% |
| Equity | 10/15 | €573,704 | €552,443 | -€21,261 | -3.7% |
| Contributions | 10/11 | €25,500 | €25,500 | = | 0.0% |
| Reserves | 13 | €548,000 | €526,000 | -€22,000 | -4.0% |
| Distributable reserves | 133 | €548,000 | €526,000 | -€22,000 | -4.0% |
| Profit (loss) carried forward | 14 | €204 | €943 | +€739 | +363% |
| Amounts payable | 17/49 | €35,593 | €39,512 | +€3,919 | +11.0% |
| Amounts payable within one year | 42/48 | €35,593 | €39,512 | +€3,919 | +11.0% |
| Trade debts | 44 | €712 | €33 | -€679 | -95.3% |
| Suppliers | 440/4 | €712 | €33 | -€679 | -95.3% |
| Taxes, remuneration and social security | 45 | €25,279 | €6,014 | -€19,266 | -76.2% |
| Taxes | 450/3 | €25,279 | €6,014 | -€19,266 | -76.2% |
| Other amounts payable | 47/48 | €9,601 | €33,465 | +€23,864 | +249% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €31 | +€31 | |
| Other operating charges | 640/8 | €1,478 | €1,532 | +€54 | +3.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€8,518 | -€7,418 | +€1,099 | +12.9% |
| Operating profit (loss) | 9901 | -€9,995 | -€8,981 | +€1,015 | +10.2% |
| Financial income | 75/76B | €396,378 | €52,644 | -€343,735 | -86.7% |
| Recurring financial income | 75 | €106,113 | €52,644 | -€53,469 | -50.4% |
| Non-recurring financial income | 76B | €290,266 | €0 | -€290,266 | -100% |
| Financial charges | 65/66B | €561 | €546 | -€15 | -2.6% |
| Recurring financial charges | 65 | €561 | €546 | -€15 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €385,822 | €43,117 | -€342,705 | -88.8% |
| Income taxes | 67/77 | €38,618 | €4,378 | -€34,241 | -88.7% |
| Profit (loss) for the period | 9904 | €347,204 | €38,739 | -€308,464 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €347,204 | €38,739 | -€308,464 | -88.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.