WK IT: 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 IT
Largest movements
- Cash +€31,694
up €31,694 (+64.9%), from €48,819 to €80,513
mainly Net result for the year (+€39,566) and Depreciation (+€3,563)
- Receivables within one year +€4,204
up €4,204 (+16.4%), from €25,668 to €29,872
of which Trade receivables: +€4,165
- Tangible fixed assets -€2,135
down €2,135 (-22.3%), from €9,575 to €7,441
of which Furniture and vehicles: -€1,720
- Reserves +€38,733
up €38,733 (+83.1%), from €46,618 to €85,350
- Tax, wage and social debts -€5,081
down €5,081 (-30.1%), from €16,905 to €11,824
- Gross operating margin -€8,505
down €8,505 (-12.9%), from €66,042 to €57,537
- Taxes -€1,767
down €1,767 (-13.5%), from €13,069 to €11,302
- Depreciation +€1,053
up €1,053 (+41.9%), from €2,511 to €3,563
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 | €85,820 | €119,476 | +€33,656 | +39.2% |
| Fixed assets | 21/28 | €9,575 | €7,441 | -€2,135 | -22.3% |
| Tangible fixed assets | 22/27 | €9,575 | €7,441 | -€2,135 | -22.3% |
| Plant, machinery and equipment | 23 | €3,869 | €3,454 | -€415 | -10.7% |
| Furniture and vehicles | 24 | €5,706 | €3,986 | -€1,720 | -30.1% |
| Current assets | 29/58 | €76,245 | €112,035 | +€35,790 | +46.9% |
| Amounts receivable within one year | 40/41 | €25,668 | €29,872 | +€4,204 | +16.4% |
| Trade receivables | 40 | €25,668 | €29,833 | +€4,165 | +16.2% |
| Other amounts receivable | 41 | - | €39 | +€39 | |
| Cash at bank and in hand | 54/58 | €48,819 | €80,513 | +€31,694 | +64.9% |
| Deferred charges and accrued income | 490/1 | €1,758 | €1,650 | -€108 | -6.1% |
| Total equity and liabilities | 10/49 | €85,820 | €119,476 | +€33,656 | +39.2% |
| Equity | 10/15 | €48,618 | €87,350 | +€38,733 | +79.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,618 | €85,350 | +€38,733 | +83.1% |
| Distributable reserves | 133 | €46,618 | €85,350 | +€38,733 | +83.1% |
| Amounts payable | 17/49 | €37,202 | €32,126 | -€5,077 | -13.6% |
| Amounts payable within one year | 42/48 | €37,202 | €32,126 | -€5,077 | -13.6% |
| Trade debts | 44 | €4,881 | €3,727 | -€1,153 | -23.6% |
| Suppliers | 440/4 | €4,881 | €3,727 | -€1,153 | -23.6% |
| Taxes, remuneration and social security | 45 | €16,905 | €11,824 | -€5,081 | -30.1% |
| Taxes | 450/3 | €16,905 | €11,824 | -€5,081 | -30.1% |
| Other amounts payable | 47/48 | €15,417 | €16,574 | +€1,157 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,511 | €3,563 | +€1,053 | +41.9% |
| Other operating charges | 640/8 | €386 | €115 | -€271 | -70.2% |
| Gross operating margin | 9900 | €66,042 | €57,537 | -€8,505 | -12.9% |
| Operating profit (loss) | 9901 | €63,145 | €53,858 | -€9,287 | -14.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,599 | €2,990 | +€391 | +15.0% |
| Recurring financial charges | 65 | €2,599 | €2,990 | +€391 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €60,546 | €50,868 | -€9,678 | -16.0% |
| Income taxes | 67/77 | €13,069 | €11,302 | -€1,767 | -13.5% |
| Profit (loss) for the period | 9904 | €47,477 | €39,566 | -€7,911 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,477 | €39,566 | -€7,911 | -16.7% |
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 12 October 2026 via checked.be.