DE KLAPPER: 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.
DE KLAPPER
Largest movements
- Receivables within one year -€43,590
down €43,590 (-33.1%), from €131,711 to €88,121
of which Trade receivables: -€38,821
- Stocks and contracts +€35,637
up €35,637 (+16.5%), from €215,828 to €251,465
- Tangible fixed assets -€20,171
down €20,171 (-4.6%), from €441,700 to €421,529
of which Land and buildings: -€14,363
- Cash +€10,071
up €10,071 (+13.1%), from €76,984 to €87,055
mainly Receivables within one year (+€43,590) and Trade debts (+€22,977)
- Reserves -€38,265
down €38,265 (-5.4%), from €709,618 to €671,353
of which Distributable reserves: -€38,265
- Trade debts +€22,977
up €22,977 (+50.8%), from €45,191 to €68,168
- Tax, wage and social debts -€10,563
down €10,563 (-35.2%), from €30,031 to €19,468
of which Taxes: -€8,935
- Other debts +€10,000
up €10,000 (+66.7%), from €15,000 to €25,000
- Staff costs -€12,830
down €12,830 (-8.5%), from €151,268 to €138,438
- Gross operating margin +€5,963
up €5,963 (+4.2%), from €143,046 to €149,009
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 | €868,386 | €850,488 | -€17,898 | -2.1% |
| Fixed assets | 21/28 | €441,700 | €421,529 | -€20,171 | -4.6% |
| Tangible fixed assets | 22/27 | €441,700 | €421,529 | -€20,171 | -4.6% |
| Land and buildings | 22 | €428,899 | €414,536 | -€14,363 | -3.3% |
| Furniture and vehicles | 24 | €12,801 | €6,992 | -€5,809 | -45.4% |
| Current assets | 29/58 | €426,686 | €428,960 | +€2,274 | +0.5% |
| Stocks and contracts in progress | 3 | €215,828 | €251,465 | +€35,637 | +16.5% |
| Contracts in progress | 37 | €215,828 | €251,465 | +€35,637 | +16.5% |
| Amounts receivable within one year | 40/41 | €131,711 | €88,121 | -€43,590 | -33.1% |
| Trade receivables | 40 | €122,424 | €83,603 | -€38,821 | -31.7% |
| Other amounts receivable | 41 | €9,287 | €4,518 | -€4,769 | -51.4% |
| Cash at bank and in hand | 54/58 | €76,984 | €87,055 | +€10,071 | +13.1% |
| Deferred charges and accrued income | 490/1 | €2,163 | €2,319 | +€156 | +7.2% |
| Total equity and liabilities | 10/49 | €868,386 | €850,488 | -€17,898 | -2.1% |
| Equity | 10/15 | €771,118 | €732,853 | -€38,265 | -5.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €709,618 | €671,353 | -€38,265 | -5.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €703,468 | €665,203 | -€38,265 | -5.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,268 | €117,636 | +€20,368 | +20.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €92,268 | €112,636 | +€20,368 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €2,046 | €0 | -€2,046 | -100.0% |
| Trade debts | 44 | €45,191 | €68,168 | +€22,977 | +50.8% |
| Suppliers | 440/4 | €45,191 | €68,168 | +€22,977 | +50.8% |
| Taxes, remuneration and social security | 45 | €30,031 | €19,468 | -€10,563 | -35.2% |
| Taxes | 450/3 | €12,678 | €3,743 | -€8,935 | -70.5% |
| Remuneration and social security | 454/9 | €17,353 | €15,725 | -€1,628 | -9.4% |
| Other amounts payable | 47/48 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €151,268 | €138,438 | -€12,830 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,894 | €20,171 | +€277 | +1.4% |
| Other operating charges | 640/8 | €5,034 | €4,704 | -€329 | -6.5% |
| Gross operating margin | 9900 | €143,046 | €149,009 | +€5,963 | +4.2% |
| Operating profit (loss) | 9901 | -€33,150 | -€14,305 | +€18,845 | +56.8% |
| Financial income | 75/76B | €1,446 | €1,679 | +€232 | +16.1% |
| Recurring financial income | 75 | €1,446 | €1,679 | +€232 | +16.1% |
| Financial charges | 65/66B | €650 | €411 | -€239 | -36.8% |
| Recurring financial charges | 65 | €650 | €411 | -€239 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,354 | -€13,037 | +€19,317 | +59.7% |
| Income taxes | 67/77 | €835 | €228 | -€607 | -72.7% |
| Profit (loss) for the period | 9904 | -€33,189 | -€13,265 | +€19,923 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,189 | -€13,265 | +€19,923 | +60.0% |
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 9 October 2026 via checked.be.