DE KLUSBUS: 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 KLUSBUS
Largest movements
- Tangible fixed assets +€8,652
up €8,652 (+21.6%), from €39,983 to €48,636
of which Land and buildings: +€14,498
- Cash +€8,640
up €8,640 (+12.2%), from €70,681 to €79,321
mainly Net result for the year (+€52,586) and Depreciation (+€13,186)
- Deferred charges and accrued income +€2,666
new in 2025: €2,666
- Financial fixed assets -€2,202
no longer reported in 2025 (was €2,202)
- Profit (loss) carried forward +€52,586
up €52,586 (+59.2%), from €88,835 to €141,422
- Trade debts -€34,157
down €34,157 (-75.6%), from €45,201 to €11,044
- Tax, wage and social debts +€7,234
up €7,234 (+1,688%), from €429 to €7,663
- Current portion of long-term debt -€2,989
down €2,989 (-52.0%), from €5,749 to €2,760
- Debts after one year -€2,760
down €2,760 (-26.8%), from €10,293 to €7,532
- Gross operating margin +€44,401
up €44,401 (+102%), from €43,384 to €87,785
- Taxes +€7,231
up €7,231 (+100%), from €7,199 to €14,430
- Depreciation +€3,369
up €3,369 (+34.3%), from €9,817 to €13,186
- Other operating charges +€2,349
up €2,349 (+114%), from €2,061 to €4,409
- Financial charges +€1,637
up €1,637 (+66.6%), from €2,459 to €4,096
of which Financial charges: +€1,284
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.
Derived cash bridge
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 | €153,869 | €172,561 | +€18,692 | +12.1% |
| Fixed assets | 21/28 | €44,519 | €50,370 | +€5,850 | +13.1% |
| Intangible fixed assets | 21 | €2,334 | €1,734 | -€600 | -25.7% |
| Tangible fixed assets | 22/27 | €39,983 | €48,636 | +€8,652 | +21.6% |
| Land and buildings | 22 | €1,161 | €15,658 | +€14,498 | +1,249% |
| Plant, machinery and equipment | 23 | €8,976 | €15,446 | +€6,470 | +72.1% |
| Furniture and vehicles | 24 | €11,217 | €17,531 | +€6,314 | +56.3% |
| Leasing and similar rights | 25 | €12,875 | - | -€12,875 | |
| Other tangible fixed assets | 26 | €5,755 | - | -€5,755 | |
| Financial fixed assets | 28 | €2,202 | - | -€2,202 | |
| Current assets | 29/58 | €109,349 | €122,191 | +€12,842 | +11.7% |
| Amounts receivable within one year | 40/41 | €38,668 | €40,204 | +€1,536 | +4.0% |
| Trade receivables | 40 | €23,992 | €19,803 | -€4,189 | -17.5% |
| Other amounts receivable | 41 | €14,676 | €20,401 | +€5,725 | +39.0% |
| Cash at bank and in hand | 54/58 | €70,681 | €79,321 | +€8,640 | +12.2% |
| Deferred charges and accrued income | 490/1 | - | €2,666 | +€2,666 | |
| Total equity and liabilities | 10/49 | €153,869 | €172,561 | +€18,692 | +12.1% |
| Equity | 10/15 | €90,335 | €142,922 | +€52,586 | +58.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,835 | €141,422 | +€52,586 | +59.2% |
| Amounts payable | 17/49 | €63,533 | €29,639 | -€33,894 | -53.3% |
| Amounts payable after more than one year | 17 | €10,293 | €7,532 | -€2,760 | -26.8% |
| Financial debts | 170/4 | €10,293 | €7,532 | -€2,760 | -26.8% |
| Amounts payable within one year | 42/48 | €53,240 | €21,467 | -€31,773 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €5,749 | €2,760 | -€2,989 | -52.0% |
| Trade debts | 44 | €45,201 | €11,044 | -€34,157 | -75.6% |
| Suppliers | 440/4 | €45,201 | €11,044 | -€34,157 | -75.6% |
| Taxes, remuneration and social security | 45 | €429 | €7,663 | +€7,234 | +1,688% |
| Taxes | 450/3 | €429 | €7,663 | +€7,234 | +1,688% |
| Other amounts payable | 47/48 | €1,862 | - | -€1,862 | |
| Accrued charges and deferred income | 492/3 | - | €640 | +€640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,817 | €13,186 | +€3,369 | +34.3% |
| Other operating charges | 640/8 | €2,061 | €4,409 | +€2,349 | +114% |
| Gross operating margin | 9900 | €43,384 | €87,785 | +€44,401 | +102% |
| Operating profit (loss) | 9901 | €31,507 | €70,189 | +€38,683 | +123% |
| Financial income | 75/76B | €925 | €922 | -€3 | -0.3% |
| Recurring financial income | 75 | €925 | €922 | -€3 | -0.3% |
| Financial charges | 65/66B | €2,459 | €4,096 | +€1,637 | +66.6% |
| Recurring financial charges | 65 | €2,459 | €3,743 | +€1,284 | +52.2% |
| Non-recurring financial charges | 66B | - | €352 | +€352 | |
| Profit (loss) for the period before taxes | 9903 | €29,973 | €67,016 | +€37,043 | +124% |
| Income taxes | 67/77 | €7,199 | €14,430 | +€7,231 | +100% |
| Profit (loss) for the period | 9904 | €22,774 | €52,586 | +€29,813 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €22,774 | €52,586 | +€29,813 | +131% |
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 13 October 2026 via checked.be.