De Klinkaert: 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 Klinkaert
Largest movements
- Cash -€13,990
down €13,990 (-18.2%), from €76,946 to €62,956
mainly Other debts (-€57,401) and Deferred charges and accrued income (-€304)
- Tangible fixed assets -€7,423
down €7,423 (-21.2%), from €35,067 to €27,644
- Receivables within one year -€6,765
down €6,765 (-62.7%), from €10,783 to €4,018
of which Other amounts receivable: -€9,069
- Other debts -€57,401
down €57,401 (-100%), from €57,401 to €0
- Profit (loss) carried forward +€23,215
up €23,215, from -€23,215 to €0
- Trade debts +€3,857
up €3,857 (+343%), from €1,125 to €4,982
- Reserves +€2,484
up €2,484 (+3.9%), from €64,270 to €66,754
- Turnover -€115,902
no longer reported in 2026 (was €115,902)
- Purchases and services -€61,834
no longer reported in 2026 (was €61,834)
- Gross operating margin -€7,968
down €7,968 (-14.7%), from €54,068 to €46,100
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,455 | €97,581 | -€27,874 | -22.2% |
| Fixed assets | 21/28 | €35,067 | €27,644 | -€7,423 | -21.2% |
| Tangible fixed assets | 22/27 | €35,067 | €27,644 | -€7,423 | -21.2% |
| Other tangible fixed assets | 26 | €35,067 | €27,644 | -€7,423 | -21.2% |
| Current assets | 29/58 | €90,389 | €69,937 | -€20,451 | -22.6% |
| Amounts receivable within one year | 40/41 | €10,783 | €4,018 | -€6,765 | -62.7% |
| Trade receivables | 40 | €0 | €2,304 | +€2,304 | |
| Other amounts receivable | 41 | €10,783 | €1,714 | -€9,069 | -84.1% |
| Cash at bank and in hand | 54/58 | €76,946 | €62,956 | -€13,990 | -18.2% |
| Deferred charges and accrued income | 490/1 | €2,660 | €2,964 | +€304 | +11.4% |
| Total equity and liabilities | 10/49 | €125,455 | €97,581 | -€27,874 | -22.2% |
| Equity | 10/15 | €65,845 | €91,544 | +€25,699 | +39.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €64,270 | €66,754 | +€2,484 | +3.9% |
| Distributable reserves | 133 | €64,270 | €66,754 | +€2,484 | +3.9% |
| Profit (loss) carried forward | 14 | -€23,215 | €0 | +€23,215 | |
| Amounts payable | 17/49 | €59,610 | €6,038 | -€53,573 | -89.9% |
| Amounts payable within one year | 42/48 | €59,610 | €6,038 | -€53,573 | -89.9% |
| Trade debts | 44 | €1,125 | €4,982 | +€3,857 | +343% |
| Suppliers | 440/4 | €1,125 | €4,982 | +€3,857 | +343% |
| Taxes, remuneration and social security | 45 | €1,084 | €1,056 | -€28 | -2.6% |
| Taxes | 450/3 | €1,084 | €1,056 | -€28 | -2.6% |
| Other amounts payable | 47/48 | €57,401 | €0 | -€57,401 | -100% |
| Turnover | 70 | €115,902 | - | -€115,902 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €61,834 | - | -€61,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,911 | €7,423 | -€488 | -6.2% |
| Other operating charges | 640/8 | €605 | €625 | +€19 | +3.2% |
| Gross operating margin | 9900 | €54,068 | €46,100 | -€7,968 | -14.7% |
| Operating profit (loss) | 9901 | €45,551 | €38,052 | -€7,499 | -16.5% |
| Financial charges | 65/66B | €162 | €190 | +€28 | +17.3% |
| Recurring financial charges | 65 | €162 | €190 | +€28 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €45,389 | €37,862 | -€7,527 | -16.6% |
| Income taxes | 67/77 | €12,593 | €12,163 | -€430 | -3.4% |
| Profit (loss) for the period | 9904 | €32,796 | €25,699 | -€7,097 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,796 | €25,699 | -€7,097 | -21.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.