K-KLIJNE: 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.
K-KLIJNE
Largest movements
- Tangible fixed assets -€4,269
down €4,269 (-12.7%), from €33,534 to €29,264
of which Plant, machinery and equipment: -€3,349
- Cash -€2,986
down €2,986 (-19.4%), from €15,367 to €12,380
mainly Other debts (-€6,828) and Investment in fixed assets (net) (-€4,495)
- Receivables within one year +€765
up €765 (+195%), from €393 to €1,159
of which Trade receivables: +€905
- Stocks and contracts -€710
down €710 (-7.6%), from €9,335 to €8,625
- Other debts -€6,828
down €6,828 (-11.7%), from €58,498 to €51,670
- Tax, wage and social debts +€5,282
up €5,282 (+19.0%), from €27,837 to €33,119
of which Taxes: +€4,527
- Trade debts -€3,521
down €3,521 (-15.2%), from €23,183 to €19,662
- Accrued charges and deferred income -€1,508
down €1,508 (-100%), from €1,508 to €0
- Profit (loss) carried forward -€836
down €836 (-1.7%), from -€50,363 to -€51,199
- Gross operating margin +€10,465
up €10,465 (+13.1%), from €80,131 to €90,595
- Staff costs +€10,440
up €10,440 (+16.0%), from €65,427 to €75,868
- Other operating charges +€1,022
up €1,022 (+103%), from €988 to €2,010
- Financial charges +€936
up €936 (+27.0%), from €3,471 to €4,406
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 | €61,663 | €54,252 | -€7,411 | -12.0% |
| Fixed assets | 21/28 | €33,534 | €29,264 | -€4,269 | -12.7% |
| Tangible fixed assets | 22/27 | €33,534 | €29,264 | -€4,269 | -12.7% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €14,027 | €10,678 | -€3,349 | -23.9% |
| Furniture and vehicles | 24 | €7,720 | €5,280 | -€2,439 | -31.6% |
| Other tangible fixed assets | 26 | €11,788 | €13,306 | +€1,518 | +12.9% |
| Current assets | 29/58 | €28,129 | €24,987 | -€3,142 | -11.2% |
| Stocks and contracts in progress | 3 | €9,335 | €8,625 | -€710 | -7.6% |
| Stocks | 30/36 | €9,335 | €8,625 | -€710 | -7.6% |
| Amounts receivable within one year | 40/41 | €393 | €1,159 | +€765 | +195% |
| Trade receivables | 40 | €0 | €905 | +€905 | |
| Other amounts receivable | 41 | €393 | €253 | -€140 | -35.6% |
| Cash at bank and in hand | 54/58 | €15,367 | €12,380 | -€2,986 | -19.4% |
| Deferred charges and accrued income | 490/1 | €3,034 | €2,823 | -€211 | -6.9% |
| Total equity and liabilities | 10/49 | €61,663 | €54,252 | -€7,411 | -12.0% |
| Equity | 10/15 | -€49,363 | -€50,199 | -€836 | -1.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,363 | -€51,199 | -€836 | -1.7% |
| Amounts payable | 17/49 | €111,026 | €104,451 | -€6,575 | -5.9% |
| Amounts payable within one year | 42/48 | €109,518 | €104,451 | -€5,067 | -4.6% |
| Trade debts | 44 | €23,183 | €19,662 | -€3,521 | -15.2% |
| Suppliers | 440/4 | €23,183 | €19,662 | -€3,521 | -15.2% |
| Taxes, remuneration and social security | 45 | €27,837 | €33,119 | +€5,282 | +19.0% |
| Taxes | 450/3 | €7,930 | €12,458 | +€4,527 | +57.1% |
| Remuneration and social security | 454/9 | €19,907 | €20,661 | +€754 | +3.8% |
| Other amounts payable | 47/48 | €58,498 | €51,670 | -€6,828 | -11.7% |
| Accrued charges and deferred income | 492/3 | €1,508 | €0 | -€1,508 | -100% |
| Remuneration, social security and pensions | 62 | €65,427 | €75,868 | +€10,440 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,104 | €8,765 | +€661 | +8.2% |
| Other operating charges | 640/8 | €988 | €2,010 | +€1,022 | +103% |
| Gross operating margin | 9900 | €80,131 | €90,595 | +€10,465 | +13.1% |
| Operating profit (loss) | 9901 | €5,611 | €3,953 | -€1,658 | -29.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €3,471 | €4,406 | +€936 | +27.0% |
| Recurring financial charges | 65 | €3,471 | €4,406 | +€936 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €2,141 | -€453 | -€2,594 | |
| Income taxes | 67/77 | €387 | €383 | -€5 | -1.2% |
| Profit (loss) for the period | 9904 | €1,753 | -€836 | -€2,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,753 | -€836 | -€2,589 |
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 26 October 2026 via checked.be.