WORK KING SIZE: 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.
WORK KING SIZE
Largest movements
- Receivables within one year -€11,990
down €11,990 (-21.1%), from €56,933 to €44,943
of which Trade receivables: -€29,663
- Trade debts -€7,334
down €7,334 (-42.8%), from €17,131 to €9,797
- Profit (loss) carried forward -€4,650
down €4,650 (-3.5%), from €134,735 to €130,085
- Gross operating margin +€14,050
up €14,050 (+80.8%), from -€17,399 to -€3,348
- Staff costs -€8,913
down €8,913 (-100.0%), from €8,913 to €0
- Other operating charges -€2,039
down €2,039 (-83.8%), from €2,434 to €394
- Depreciation +€538
up €538 (+145.8%), from €369 to €907
- Financial charges -€361
down €361 (-100.0%), from €361 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €431,298 | €418,220 | -€13,078 | -3.0% |
| Fixed assets | 21/28 | €373,299 | €372,392 | -€907 | -0.2% |
| Tangible fixed assets | 22/27 | €907 | €0 | -€907 | -100.0% |
| Furniture and vehicles | 24 | €907 | €0 | -€907 | -100.0% |
| Financial fixed assets | 28 | €372,392 | €372,392 | = | 0.0% |
| Current assets | 29/58 | €57,999 | €45,828 | -€12,170 | -21.0% |
| Amounts receivable within one year | 40/41 | €56,933 | €44,943 | -€11,990 | -21.1% |
| Trade receivables | 40 | €49,772 | €20,109 | -€29,663 | -59.6% |
| Other amounts receivable | 41 | €7,161 | €24,834 | +€17,673 | +246.8% |
| Cash at bank and in hand | 54/58 | €1,065 | €885 | -€180 | -16.9% |
| Total equity and liabilities | 10/49 | €431,298 | €418,220 | -€13,078 | -3.0% |
| Equity | 10/15 | €302,735 | €298,085 | -€4,650 | -1.5% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €168,000 | €168,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €168,000 | €168,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,735 | €130,085 | -€4,650 | -3.5% |
| Amounts payable | 17/49 | €128,563 | €120,135 | -€8,428 | -6.6% |
| Amounts payable within one year | 42/48 | €128,563 | €120,135 | -€8,428 | -6.6% |
| Trade debts | 44 | €17,131 | €9,797 | -€7,334 | -42.8% |
| Suppliers | 440/4 | €17,131 | €9,797 | -€7,334 | -42.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €111,432 | €110,338 | -€1,094 | -1.0% |
| Remuneration, social security and pensions | 62 | €8,913 | €0 | -€8,913 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369 | €907 | +€538 | +145.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,434 | €394 | -€2,039 | -83.8% |
| Gross operating margin | 9900 | -€17,399 | -€3,348 | +€14,050 | +80.8% |
| Operating profit (loss) | 9901 | -€29,114 | -€4,650 | +€24,464 | +84.0% |
| Financial income | 75/76B | €148 | €0 | -€148 | -100.0% |
| Recurring financial income | 75 | €148 | €0 | -€148 | -100.0% |
| Financial charges | 65/66B | €361 | €0 | -€361 | -100.0% |
| Recurring financial charges | 65 | €361 | €0 | -€361 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,328 | -€4,650 | +€24,678 | +84.1% |
| Income taxes | 67/77 | €6 | €0 | -€6 | -100.0% |
| Profit (loss) for the period | 9904 | -€29,334 | -€4,650 | +€24,684 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,334 | -€4,650 | +€24,684 | +84.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.