K.L.A. Projects: 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.L.A. Projects
Largest movements
- Cash +€22,554
up €22,554 (+97.3%), from €23,183 to €45,738
mainly Debts after one year (+€35,100) and Net result for the year (+€20,766)
- Receivables within one year -€16,404
down €16,404 (-46.3%), from €35,441 to €19,038
of which Trade receivables: -€21,781
- Deferred charges and accrued income +€14,536
up €14,536 (+352%), from €4,127 to €18,662
- Tangible fixed assets +€11,693
up €11,693 (+18.3%), from €64,043 to €75,735
of which Furniture and vehicles: +€13,072
- Financial fixed assets -€2,790
no longer reported in 2025 (was €2,790)
- Debts after one year +€35,100
up €35,100 (+99.0%), from €35,472 to €70,571
- Profit (loss) carried forward -€15,848
no longer reported in 2025 (was €15,848)
- Current portion of long-term debt +€13,657
up €13,657 (+99.7%), from €13,695 to €27,352
- Tax, wage and social debts -€4,631
down €4,631 (-56.1%), from €8,262 to €3,630
- Depreciation -€6,338
down €6,338 (-32.6%), from €19,445 to €13,107
- Gross operating margin +€4,509
up €4,509 (+10.5%), from €43,014 to €47,523
- Taxes +€1,123
up €1,123 (+25.7%), from €4,376 to €5,499
- Financial charges +€708
up €708 (+29.1%), from €2,433 to €3,141
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 | €129,584 | €159,173 | +€29,589 | +22.8% |
| Fixed assets | 21/28 | €66,833 | €75,735 | +€8,903 | +13.3% |
| Tangible fixed assets | 22/27 | €64,043 | €75,735 | +€11,693 | +18.3% |
| Furniture and vehicles | 24 | €54,339 | €67,411 | +€13,072 | +24.1% |
| Other tangible fixed assets | 26 | €9,704 | €8,325 | -€1,379 | -14.2% |
| Financial fixed assets | 28 | €2,790 | - | -€2,790 | |
| Current assets | 29/58 | €62,751 | €83,438 | +€20,686 | +33.0% |
| Amounts receivable within one year | 40/41 | €35,441 | €19,038 | -€16,404 | -46.3% |
| Trade receivables | 40 | €29,817 | €8,036 | -€21,781 | -73.0% |
| Other amounts receivable | 41 | €5,624 | €11,001 | +€5,377 | +95.6% |
| Cash at bank and in hand | 54/58 | €23,183 | €45,738 | +€22,554 | +97.3% |
| Deferred charges and accrued income | 490/1 | €4,127 | €18,662 | +€14,536 | +352% |
| Total equity and liabilities | 10/49 | €129,584 | €159,173 | +€29,589 | +22.8% |
| Equity | 10/15 | €40,140 | €24,291 | -€15,848 | -39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,691 | €5,691 | = | 0.0% |
| Distributable reserves | 133 | €5,691 | €5,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,848 | - | -€15,848 | |
| Amounts payable | 17/49 | €89,444 | €134,882 | +€45,438 | +50.8% |
| Amounts payable after more than one year | 17 | €35,472 | €70,571 | +€35,100 | +99.0% |
| Financial debts | 170/4 | €35,472 | €70,571 | +€35,100 | +99.0% |
| Amounts payable within one year | 42/48 | €53,973 | €64,310 | +€10,338 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €13,695 | €27,352 | +€13,657 | +99.7% |
| Trade debts | 44 | €405 | €1,677 | +€1,272 | +314% |
| Suppliers | 440/4 | €405 | €1,677 | +€1,272 | +314% |
| Taxes, remuneration and social security | 45 | €8,262 | €3,630 | -€4,631 | -56.1% |
| Taxes | 450/3 | €8,262 | €3,630 | -€4,631 | -56.1% |
| Other amounts payable | 47/48 | €31,612 | €31,651 | +€40 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,445 | €13,107 | -€6,338 | -32.6% |
| Other operating charges | 640/8 | €912 | €1,303 | +€391 | +42.9% |
| Non-recurring operating charges | 66A | - | €3,707 | +€3,707 | |
| Gross operating margin | 9900 | €43,014 | €47,523 | +€4,509 | +10.5% |
| Operating profit (loss) | 9901 | €22,657 | €29,405 | +€6,749 | +29.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,433 | €3,141 | +€708 | +29.1% |
| Recurring financial charges | 65 | €2,433 | €3,141 | +€708 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €20,224 | €26,265 | +€6,041 | +29.9% |
| Income taxes | 67/77 | €4,376 | €5,499 | +€1,123 | +25.7% |
| Profit (loss) for the period | 9904 | €15,848 | €20,766 | +€4,918 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,848 | €20,766 | +€4,918 | +31.0% |
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 22 October 2026 via checked.be.