WKC Construct: 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.
WKC Construct
Largest movements
- Tangible fixed assets +€45,845
up €45,845 (+309.5%), from €14,815 to €60,659
of which Furniture and vehicles: +€46,459
- Receivables within one year +€18,689
up €18,689 (+20.0%), from €93,661 to €112,350
of which Other amounts receivable: +€18,492
- Debts after one year +€42,475
new in 2025: €42,475
- Reserves +€9,773
up €9,773 (+13.3%), from €73,709 to €83,481
- Current portion of long-term debt +€8,901
new in 2025: €8,901
- Tax, wage and social debts +€3,165
up €3,165 (+28.0%), from €11,310 to €14,475
- Gross operating margin -€10,100
down €10,100 (-25.1%), from €40,289 to €30,189
- Depreciation +€9,357
up €9,357 (+166.0%), from €5,636 to €14,993
- Taxes -€6,119
down €6,119 (-58.0%), from €10,544 to €4,425
- Financial charges +€2,275
up €2,275 (+334.0%), from €681 to €2,957
- Financial income +€1,100
up €1,100 (+36.6%), from €3,001 to €4,101
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 | €114,605 | €178,873 | +€64,268 | +56.1% |
| Fixed assets | 21/28 | €15,220 | €61,064 | +€45,845 | +301.2% |
| Tangible fixed assets | 22/27 | €14,815 | €60,659 | +€45,845 | +309.5% |
| Plant, machinery and equipment | 23 | €1,281 | €666 | -€614 | -48.0% |
| Furniture and vehicles | 24 | €13,534 | €59,993 | +€46,459 | +343.3% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €99,385 | €117,809 | +€18,424 | +18.5% |
| Amounts receivable within one year | 40/41 | €93,661 | €112,350 | +€18,689 | +20.0% |
| Trade receivables | 40 | €13,382 | €13,580 | +€197 | +1.5% |
| Other amounts receivable | 41 | €80,279 | €98,770 | +€18,492 | +23.0% |
| Cash at bank and in hand | 54/58 | €2,784 | €1,688 | -€1,096 | -39.4% |
| Deferred charges and accrued income | 490/1 | €2,940 | €3,771 | +€831 | +28.3% |
| Total equity and liabilities | 10/49 | €114,605 | €178,873 | +€64,268 | +56.1% |
| Equity | 10/15 | €79,909 | €89,681 | +€9,773 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,709 | €83,481 | +€9,773 | +13.3% |
| Distributable reserves | 133 | €73,709 | €83,481 | +€9,773 | +13.3% |
| Amounts payable | 17/49 | €34,696 | €89,192 | +€54,496 | +157.1% |
| Amounts payable after more than one year | 17 | - | €42,475 | +€42,475 | |
| Financial debts | 170/4 | - | €42,475 | +€42,475 | |
| Amounts payable within one year | 42/48 | €34,696 | €45,874 | +€11,177 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,901 | +€8,901 | |
| Trade debts | 44 | €23,387 | €22,498 | -€889 | -3.8% |
| Suppliers | 440/4 | €23,387 | €22,498 | -€889 | -3.8% |
| Taxes, remuneration and social security | 45 | €11,310 | €14,475 | +€3,165 | +28.0% |
| Taxes | 450/3 | €11,310 | €14,475 | +€3,165 | +28.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €843 | +€843 | |
| Remuneration, social security and pensions | 62 | - | €182 | +€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,636 | €14,993 | +€9,357 | +166.0% |
| Other operating charges | 640/8 | €1,127 | €1,961 | +€834 | +74.0% |
| Gross operating margin | 9900 | €40,289 | €30,189 | -€10,100 | -25.1% |
| Operating profit (loss) | 9901 | €33,526 | €13,054 | -€20,473 | -61.1% |
| Financial income | 75/76B | €3,001 | €4,101 | +€1,100 | +36.6% |
| Recurring financial income | 75 | €3,001 | €4,101 | +€1,100 | +36.6% |
| Financial charges | 65/66B | €681 | €2,957 | +€2,275 | +334.0% |
| Recurring financial charges | 65 | €681 | €2,957 | +€2,275 | +334.0% |
| Profit (loss) for the period before taxes | 9903 | €35,846 | €14,198 | -€21,648 | -60.4% |
| Income taxes | 67/77 | €10,544 | €4,425 | -€6,119 | -58.0% |
| Profit (loss) for the period | 9904 | €25,302 | €9,773 | -€15,530 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,302 | €9,773 | -€15,530 | -61.4% |
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 3 October 2026 via checked.be.