J.Klaykens: 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.
J.Klaykens
Largest movements
- Receivables after one year +€237,071
up €237,071 (+38.9%), from €610,154 to €847,225
- Cash +€117,876
up €117,876 (+139%), from €84,812 to €202,687
mainly Net result for the year (+€405,936) and Tax, wage and social debts (+€8,971)
- Reserves +€342,500
up €342,500 (+53.3%), from €642,360 to €984,860
- Gross operating margin +€203,867
up €203,867 (+56.6%), from €360,246 to €564,114
- Taxes +€66,886
up €66,886 (+56.6%), from €118,072 to €184,959
- Financial income +€9,702
up €9,702 (+48.2%), from €20,146 to €29,848
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 | €700,701 | €1,058,073 | +€357,372 | +51.0% |
| Fixed assets | 21/28 | €4,030 | €6,308 | +€2,278 | +56.5% |
| Tangible fixed assets | 22/27 | €1,468 | €3,746 | +€2,278 | +155% |
| Plant, machinery and equipment | 23 | - | €957 | +€957 | |
| Furniture and vehicles | 24 | €1,468 | €2,789 | +€1,321 | +90.0% |
| Financial fixed assets | 28 | €2,562 | €2,562 | = | 0.0% |
| Current assets | 29/58 | €696,671 | €1,051,766 | +€355,095 | +51.0% |
| Amounts receivable after more than one year | 29 | €610,154 | €847,225 | +€237,071 | +38.9% |
| Other amounts receivable | 291 | €610,154 | €847,225 | +€237,071 | +38.9% |
| Amounts receivable within one year | 40/41 | €1,706 | €1,853 | +€148 | +8.7% |
| Other amounts receivable | 41 | €1,706 | €1,853 | +€148 | +8.7% |
| Cash at bank and in hand | 54/58 | €84,812 | €202,687 | +€117,876 | +139% |
| Total equity and liabilities | 10/49 | €700,701 | €1,058,073 | +€357,372 | +51.0% |
| Equity | 10/15 | €658,556 | €1,006,992 | +€348,436 | +52.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €642,360 | €984,860 | +€342,500 | +53.3% |
| Distributable reserves | 133 | €642,360 | €984,860 | +€342,500 | +53.3% |
| Profit (loss) carried forward | 14 | €3,796 | €9,732 | +€5,936 | +156% |
| Amounts payable | 17/49 | €42,145 | €51,081 | +€8,936 | +21.2% |
| Amounts payable within one year | 42/48 | €42,145 | €45,891 | +€3,745 | +8.9% |
| Trade debts | 44 | €10,120 | €4,894 | -€5,226 | -51.6% |
| Suppliers | 440/4 | €10,120 | €4,894 | -€5,226 | -51.6% |
| Taxes, remuneration and social security | 45 | €32,025 | €40,996 | +€8,971 | +28.0% |
| Taxes | 450/3 | €32,025 | €40,996 | +€8,971 | +28.0% |
| Accrued charges and deferred income | 492/3 | - | €5,191 | +€5,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,060 | €1,254 | +€195 | +18.4% |
| Other operating charges | 640/8 | €1,074 | €1,105 | +€31 | +2.9% |
| Gross operating margin | 9900 | €360,246 | €564,114 | +€203,867 | +56.6% |
| Operating profit (loss) | 9901 | €358,113 | €561,755 | +€203,642 | +56.9% |
| Financial income | 75/76B | €20,146 | €29,848 | +€9,702 | +48.2% |
| Recurring financial income | 75 | €20,146 | €29,848 | +€9,702 | +48.2% |
| Financial charges | 65/66B | €623 | €708 | +€85 | +13.6% |
| Recurring financial charges | 65 | €623 | €708 | +€85 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €377,636 | €590,895 | +€213,259 | +56.5% |
| Income taxes | 67/77 | €118,072 | €184,959 | +€66,886 | +56.6% |
| Profit (loss) for the period | 9904 | €259,564 | €405,936 | +€146,373 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €259,564 | €405,936 | +€146,373 | +56.4% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.