Worldkarts: what changed
What changed
Worldkarts
NACE 93.299, Other amusement and recreation activities
filed annual accounts (NBB)
Net result for the year
€493,489
2024 · €549,799-€56,310
Equity
€3.6m
2024 · €3.1m+€488,541
Cash
€617,883
2024 · €198,847+€419,036
Balance sheet total
€5.5m
2024 · €5.1m+€456,381
Largest movements
Assets
- Cash +€419,036
up €419,036 (+211%), from €198,847 to €617,883
mainly Net result for the year (+€493,489) and Depreciation (+€365,566)
- Receivables within one year +€79,287
up €79,287 (+4.7%), from €1.7m to €1.8m
of which Trade receivables: +€50,152
Equity and liabilities
- Reserves +€500,000
up €500,000 (+20.3%), from €2.5m to €3.0m
of which Distributable reserves: +€500,000
- Debts after one year -€86,875
down €86,875 (-20.2%), from €429,917 to €343,042
- Trade debts +€56,746
up €56,746 (+36.6%), from €155,150 to €211,896
Income statement
- Staff costs +€186,617
up €186,617 (+31.3%), from €596,432 to €783,049
- Gross operating margin +€126,984
up €126,984 (+7.3%), from €1.8m to €1.9m
- Taxes -€58,892
down €58,892 (-26.8%), from €219,866 to €160,974
- Other operating charges +€44,516
up €44,516 (+842%), from €5,285 to €49,801
Change in the result, 2024 to 2025
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 2024
€549,799
Gross operating margin
+€126,984
Staff costs
-€186,617
Depreciation
-€16,606
Other operating charges
-€44,516
Financial income
-€1,488
Financial charges
+€7,041
Taxes
+€58,892
Result 2025
€493,489
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€834,467
Investment
-€321,659
Financing
-€93,773
Cash 2024
€198,847
From operations (derived)
+€834,467
Net result for the year
+€493,489
Depreciation
+€365,566
Receivables within one year
-€79,287
Deferred charges and accrued income
-€1,966
Trade debts
+€56,746
Tax, wage and social debts
+€25,202
Other debts
-€25,282
Investment (derived)
-€321,659
Investment in fixed assets (net)
-€321,659
Financing
-€93,773
Debts after one year
-€86,875
Current portion of long-term debt
-€1,950
Contributions, distributions and other
-€4,948
Cash 2025
€617,883
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,050,394 | €5,506,776 | +€456,381 | +9.0% |
| Fixed assets | 21/28 | €3,159,618 | €3,115,711 | -€43,907 | -1.4% |
| Tangible fixed assets | 22/27 | €3,159,008 | €3,115,101 | -€43,907 | -1.4% |
| Plant, machinery and equipment | 23 | €512,076 | €584,648 | +€72,572 | +14.2% |
| Furniture and vehicles | 24 | €135,238 | €82,796 | -€52,442 | -38.8% |
| Other tangible fixed assets | 26 | €2,511,694 | €2,447,657 | -€64,037 | -2.5% |
| Financial fixed assets | 28 | €610 | €610 | = | 0.0% |
| Current assets | 29/58 | €1,890,776 | €2,391,065 | +€500,289 | +26.5% |
| Amounts receivable within one year | 40/41 | €1,684,539 | €1,763,826 | +€79,287 | +4.7% |
| Trade receivables | 40 | €33,170 | €83,322 | +€50,152 | +151% |
| Other amounts receivable | 41 | €1,651,369 | €1,680,504 | +€29,135 | +1.8% |
| Cash at bank and in hand | 54/58 | €198,847 | €617,883 | +€419,036 | +211% |
| Deferred charges and accrued income | 490/1 | €7,391 | €9,356 | +€1,966 | +26.6% |
| Total equity and liabilities | 10/49 | €5,050,394 | €5,506,776 | +€456,381 | +9.0% |
| Equity | 10/15 | €3,116,876 | €3,605,417 | +€488,541 | +15.7% |
| Contributions | 10/11 | €637,000 | €637,000 | = | 0.0% |
| Capital | 10 | €637,000 | €637,000 | = | 0.0% |
| Issued capital | 100 | €637,000 | €637,000 | = | 0.0% |
| Reserves | 13 | €2,463,700 | €2,963,700 | +€500,000 | +20.3% |
| Non-distributable reserves | 130/1 | €63,700 | €63,700 | = | 0.0% |
| Legal reserve | 130 | €63,700 | €63,700 | = | 0.0% |
| Distributable reserves | 133 | €2,400,000 | €2,900,000 | +€500,000 | +20.8% |
| Profit (loss) carried forward | 14 | €16,176 | €4,717 | -€11,459 | -70.8% |
| Amounts payable | 17/49 | €1,933,518 | €1,901,359 | -€32,160 | -1.7% |
| Amounts payable after more than one year | 17 | €429,917 | €343,042 | -€86,875 | -20.2% |
| Financial debts | 170/4 | €429,917 | €343,042 | -€86,875 | -20.2% |
| Amounts payable within one year | 42/48 | €1,503,601 | €1,558,317 | +€54,715 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €88,825 | €86,875 | -€1,950 | -2.2% |
| Trade debts | 44 | €155,150 | €211,896 | +€56,746 | +36.6% |
| Suppliers | 440/4 | €155,150 | €211,896 | +€56,746 | +36.6% |
| Taxes, remuneration and social security | 45 | €78,125 | €103,327 | +€25,202 | +32.3% |
| Taxes | 450/3 | €2,708 | €373 | -€2,335 | -86.2% |
| Remuneration and social security | 454/9 | €75,417 | €102,954 | +€27,537 | +36.5% |
| Other amounts payable | 47/48 | €1,181,502 | €1,156,219 | -€25,282 | -2.1% |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €596,432 | €783,049 | +€186,617 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348,960 | €365,566 | +€16,606 | +4.8% |
| Other operating charges | 640/8 | €5,285 | €49,801 | +€44,516 | +842% |
| Gross operating margin | 9900 | €1,750,188 | €1,877,171 | +€126,984 | +7.3% |
| Operating profit (loss) | 9901 | €799,511 | €678,756 | -€120,755 | -15.1% |
| Financial income | 75/76B | €4,461 | €2,973 | -€1,488 | -33.4% |
| Recurring financial income | 75 | €4,461 | €2,973 | -€1,488 | -33.4% |
| Financial charges | 65/66B | €34,306 | €27,266 | -€7,041 | -20.5% |
| Recurring financial charges | 65 | €34,306 | €27,266 | -€7,041 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €769,665 | €654,463 | -€115,202 | -15.0% |
| Income taxes | 67/77 | €219,866 | €160,974 | -€58,892 | -26.8% |
| Profit (loss) for the period | 9904 | €549,799 | €493,489 | -€56,310 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €549,799 | €493,489 | -€56,310 | -10.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.