In De Klok: 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.
In De Klok
Largest movements
- Cash +€22,796
up €22,796 (+85.4%), from €26,701 to €49,497
mainly Net result for the year (+€30,820) and Other debts (+€18,755)
- Tangible fixed assets +€17,419
up €17,419 (+147%), from €11,859 to €29,278
of which Plant, machinery and equipment: +€18,673
- Deferred charges and accrued income +€1,889
new in 2025: €1,889
- Reserves +€30,820
up €30,820 (+240%), from €12,850 to €43,669
- Other debts +€18,755
up €18,755 (+325%), from €5,764 to €24,520
- Tax, wage and social debts -€4,542
down €4,542 (-39.3%), from €11,573 to €7,031
of which Remuneration and social security: -€2,378
- Trade debts -€2,234
down €2,234 (-20.0%), from €11,162 to €8,928
- Staff costs -€16,130
down €16,130 (-27.1%), from €59,532 to €43,402
- Gross operating margin +€11,044
up €11,044 (+14.2%), from €77,917 to €88,961
- Taxes +€4,564
up €4,564 (+160%), from €2,859 to €7,423
- Depreciation +€4,030
up €4,030 (+225%), from €1,791 to €5,821
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 | €43,848 | €86,647 | +€42,799 | +97.6% |
| Fixed assets | 21/28 | €11,859 | €29,278 | +€17,419 | +147% |
| Tangible fixed assets | 22/27 | €11,859 | €29,278 | +€17,419 | +147% |
| Plant, machinery and equipment | 23 | €6,927 | €25,600 | +€18,673 | +270% |
| Furniture and vehicles | 24 | €4,933 | €3,679 | -€1,254 | -25.4% |
| Current assets | 29/58 | €31,989 | €57,369 | +€25,380 | +79.3% |
| Stocks and contracts in progress | 3 | €1,976 | €2,075 | +€99 | +5.0% |
| Stocks | 30/36 | €1,976 | €2,075 | +€99 | +5.0% |
| Amounts receivable within one year | 40/41 | €3,312 | €3,908 | +€596 | +18.0% |
| Other amounts receivable | 41 | €3,312 | €3,908 | +€596 | +18.0% |
| Cash at bank and in hand | 54/58 | €26,701 | €49,497 | +€22,796 | +85.4% |
| Deferred charges and accrued income | 490/1 | - | €1,889 | +€1,889 | |
| Total equity and liabilities | 10/49 | €43,848 | €86,647 | +€42,799 | +97.6% |
| Equity | 10/15 | €15,350 | €46,169 | +€30,820 | +201% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,850 | €43,669 | +€30,820 | +240% |
| Distributable reserves | 133 | €12,850 | €43,669 | +€30,820 | +240% |
| Amounts payable | 17/49 | €28,499 | €40,478 | +€11,979 | +42.0% |
| Amounts payable within one year | 42/48 | €28,499 | €40,478 | +€11,979 | +42.0% |
| Trade debts | 44 | €11,162 | €8,928 | -€2,234 | -20.0% |
| Suppliers | 440/4 | €11,162 | €8,928 | -€2,234 | -20.0% |
| Taxes, remuneration and social security | 45 | €11,573 | €7,031 | -€4,542 | -39.3% |
| Taxes | 450/3 | €6,539 | €4,375 | -€2,165 | -33.1% |
| Remuneration and social security | 454/9 | €5,033 | €2,656 | -€2,378 | -47.2% |
| Other amounts payable | 47/48 | €5,764 | €24,520 | +€18,755 | +325% |
| Remuneration, social security and pensions | 62 | €59,532 | €43,402 | -€16,130 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,791 | €5,821 | +€4,030 | +225% |
| Other operating charges | 640/8 | €392 | €520 | +€128 | +32.6% |
| Gross operating margin | 9900 | €77,917 | €88,961 | +€11,044 | +14.2% |
| Operating profit (loss) | 9901 | €16,202 | €39,218 | +€23,016 | +142% |
| Financial charges | 65/66B | €494 | €976 | +€482 | +97.7% |
| Recurring financial charges | 65 | €494 | €976 | +€482 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €15,708 | €38,242 | +€22,534 | +143% |
| Income taxes | 67/77 | €2,859 | €7,423 | +€4,564 | +160% |
| Profit (loss) for the period | 9904 | €12,850 | €30,820 | +€17,970 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €12,850 | €30,820 | +€17,970 | +140% |
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 21 October 2026 via checked.be.