DE KLUIS: 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.
DE KLUIS
Largest movements
- Tangible fixed assets -€67,928
down €67,928 (-5.6%), from €1.2m to €1.2m
of which Land and buildings: -€66,013
- Cash -€24,483
down €24,483 (-85.3%), from €28,696 to €4,212
mainly Debts after one year (-€104,245) and Other debts (-€53)
- Debts after one year -€104,245
down €104,245 (-11.0%), from €945,101 to €840,855
- Gross operating margin +€25,086
up €25,086 (+32.8%), from €76,437 to €101,522
- Depreciation -€7,174
down €7,174 (-9.6%), from €75,102 to €67,928
- Financial charges -€3,541
down €3,541 (-14.8%), from €23,956 to €20,416
- Other operating charges -€1,258
down €1,258 (-10.5%), from €11,977 to €10,719
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 | €1,261,189 | €1,168,777 | -€92,412 | -7.3% |
| Fixed assets | 21/28 | €1,221,821 | €1,153,892 | -€67,928 | -5.6% |
| Tangible fixed assets | 22/27 | €1,221,821 | €1,153,892 | -€67,928 | -5.6% |
| Land and buildings | 22 | €1,202,704 | €1,136,692 | -€66,013 | -5.5% |
| Other tangible fixed assets | 26 | €19,116 | €17,201 | -€1,916 | -10.0% |
| Current assets | 29/58 | €39,368 | €14,885 | -€24,483 | -62.2% |
| Amounts receivable within one year | 40/41 | €10,673 | €10,673 | = | 0.0% |
| Trade receivables | 40 | €10,622 | €10,622 | = | 0.0% |
| Other amounts receivable | 41 | €51 | €51 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,696 | €4,212 | -€24,483 | -85.3% |
| Total equity and liabilities | 10/49 | €1,261,189 | €1,168,777 | -€92,412 | -7.3% |
| Equity | 10/15 | €14,122 | €16,580 | +€2,459 | +17.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,456 | €3,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,456 | €3,456 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,456 | €3,456 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,335 | -€86,876 | +€2,459 | +2.8% |
| Amounts payable | 17/49 | €1,247,067 | €1,152,197 | -€94,871 | -7.6% |
| Amounts payable after more than one year | 17 | €945,101 | €840,855 | -€104,245 | -11.0% |
| Financial debts | 170/4 | €945,101 | €840,855 | -€104,245 | -11.0% |
| Amounts payable within one year | 42/48 | €301,966 | €311,341 | +€9,375 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €102,206 | €104,245 | +€2,039 | +2.0% |
| Trade debts | 44 | €23,567 | €30,957 | +€7,389 | +31.4% |
| Suppliers | 440/4 | €23,567 | €30,957 | +€7,389 | +31.4% |
| Other amounts payable | 47/48 | €176,193 | €176,139 | -€53 | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,102 | €67,928 | -€7,174 | -9.6% |
| Other operating charges | 640/8 | €11,977 | €10,719 | -€1,258 | -10.5% |
| Gross operating margin | 9900 | €76,437 | €101,522 | +€25,086 | +32.8% |
| Operating profit (loss) | 9901 | -€10,642 | €22,875 | +€33,517 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €23,956 | €20,416 | -€3,541 | -14.8% |
| Recurring financial charges | 65 | €23,956 | €20,416 | -€3,541 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,599 | €2,459 | +€37,058 | |
| Profit (loss) for the period | 9904 | -€34,599 | €2,459 | +€37,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,599 | €2,459 | +€37,058 |
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 5 October 2026 via checked.be.