HET KLOKHUIS: 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.
HET KLOKHUIS
Largest movements
- Cash -€6,389
down €6,389 (-4.2%), from €151,397 to €145,009
mainly Trade debts (-€6,138) and Current portion of long-term debt (-€4,212)
- Tangible fixed assets -€3,389
down €3,389 (-100%), from €3,389 to €0
- Financial fixed assets -€2,500
down €2,500 (-99.3%), from €2,519 to €19
- Trade debts -€6,138
down €6,138 (-42.2%), from €14,528 to €8,390
- Current portion of long-term debt -€4,212
down €4,212 (-100%), from €4,212 to €0
- Reserves -€2,566
down €2,566 (-2.0%), from €129,099 to €126,533
of which Distributable reserves: -€2,566
- Tax, wage and social debts +€2,015
up €2,015 (+552%), from €365 to €2,380
- Gross operating margin -€39,917
down €39,917 (-94.0%), from €42,488 to €2,570
- Taxes -€9,880
down €9,880 (-100%), from €9,880 to €0
- Depreciation -€1,553
down €1,553 (-31.4%), from €4,942 to €3,389
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 | €175,886 | €164,230 | -€11,656 | -6.6% |
| Fixed assets | 21/28 | €5,908 | €19 | -€5,889 | -99.7% |
| Tangible fixed assets | 22/27 | €3,389 | €0 | -€3,389 | -100% |
| Furniture and vehicles | 24 | €3,389 | €0 | -€3,389 | -100% |
| Financial fixed assets | 28 | €2,519 | €19 | -€2,500 | -99.3% |
| Current assets | 29/58 | €169,978 | €164,211 | -€5,767 | -3.4% |
| Stocks and contracts in progress | 3 | €255 | €210 | -€45 | -17.6% |
| Stocks | 30/36 | €255 | €210 | -€45 | -17.6% |
| Amounts receivable within one year | 40/41 | €13,922 | €15,412 | +€1,490 | +10.7% |
| Trade receivables | 40 | €7,445 | €15,290 | +€7,845 | +105% |
| Other amounts receivable | 41 | €6,477 | €122 | -€6,354 | -98.1% |
| Cash at bank and in hand | 54/58 | €151,397 | €145,009 | -€6,389 | -4.2% |
| Deferred charges and accrued income | 490/1 | €4,404 | €3,581 | -€824 | -18.7% |
| Total equity and liabilities | 10/49 | €175,886 | €164,230 | -€11,656 | -6.6% |
| Equity | 10/15 | €147,699 | €145,133 | -€2,566 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,099 | €126,533 | -€2,566 | -2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €127,239 | €124,673 | -€2,566 | -2.0% |
| Amounts payable | 17/49 | €28,187 | €19,097 | -€9,090 | -32.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,187 | €19,097 | -€9,090 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €4,212 | €0 | -€4,212 | -100% |
| Trade debts | 44 | €14,528 | €8,390 | -€6,138 | -42.2% |
| Suppliers | 440/4 | €14,528 | €8,390 | -€6,138 | -42.2% |
| Taxes, remuneration and social security | 45 | €365 | €2,380 | +€2,015 | +552% |
| Taxes | 450/3 | €365 | €2,380 | +€2,015 | +552% |
| Other amounts payable | 47/48 | €9,082 | €8,326 | -€756 | -8.3% |
| Non-recurring operating income | 76A | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,942 | €3,389 | -€1,553 | -31.4% |
| Other operating charges | 640/8 | €889 | €945 | +€56 | +6.3% |
| Gross operating margin | 9900 | €42,488 | €2,570 | -€39,917 | -94.0% |
| Operating profit (loss) | 9901 | €36,656 | -€1,764 | -€38,420 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €875 | €802 | -€73 | -8.3% |
| Recurring financial charges | 65 | €875 | €802 | -€73 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €35,782 | -€2,566 | -€38,348 | |
| Income taxes | 67/77 | €9,880 | €0 | -€9,880 | -100% |
| Profit (loss) for the period | 9904 | €25,902 | -€2,566 | -€28,468 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,902 | -€2,566 | -€28,468 |
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 1 November 2026 via checked.be.