K.L. ELECTRO: what changed
K.L. ELECTRO
Largest movements
- Receivables within one year +€512,291
up €512,291 (+216%), from €236,791 to €749,082
of which Other amounts receivable: +€364,424
- Cash -€221,147
down €221,147 (-79.8%), from €277,139 to €55,992
mainly Contributions, distributions and other (-€581,450) and Receivables within one year (-€512,291)
- Tangible fixed assets -€131,135
down €131,135 (-10.2%), from €1.3m to €1.2m
of which Land and buildings: -€68,533
- Financial fixed assets -€114,907
down €114,907 (-53.2%), from €216,090 to €101,183
- Other debts +€581,450
new in 2025: €581,450
- Reserves -€565,274
down €565,274 (-49.1%), from €1.2m to €585,770
of which Distributable reserves: -€565,274
- Debts after one year -€125,916
down €125,916 (-17.0%), from €739,059 to €613,143
- Current portion of long-term debt +€119,837
up €119,837 (+89.7%), from €133,622 to €253,459
- Tax, wage and social debts +€21,755
up €21,755 (+250%), from €8,700 to €30,455
of which Taxes: +€27,455
- Financial income -€348,243
down €348,243 (-99.1%), from €351,385 to €3,142
of which Financial income: -€348,907
- Gross operating margin +€193,052
up €193,052 (+280%), from €69,034 to €262,086
- Other operating charges +€29,556
up €29,556 (+46.0%), from €64,307 to €93,863
- Depreciation -€5,676
down €5,676 (-4.1%), from €136,811 to €131,135
- Taxes +€2,677
new in 2025: €2,677
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,047,926 | €2,088,916 | +€40,989 | +2.0% |
| Fixed assets | 21/28 | €1,499,456 | €1,253,414 | -€246,042 | -16.4% |
| Tangible fixed assets | 22/27 | €1,283,367 | €1,152,232 | -€131,135 | -10.2% |
| Land and buildings | 22 | €1,074,248 | €1,005,715 | -€68,533 | -6.4% |
| Plant, machinery and equipment | 23 | €16,213 | €12,299 | -€3,914 | -24.1% |
| Furniture and vehicles | 24 | €192,906 | €134,218 | -€58,688 | -30.4% |
| Financial fixed assets | 28 | €216,090 | €101,183 | -€114,907 | -53.2% |
| Current assets | 29/58 | €548,470 | €835,501 | +€287,031 | +52.3% |
| Amounts receivable within one year | 40/41 | €236,791 | €749,082 | +€512,291 | +216% |
| Trade receivables | 40 | €37,680 | €185,547 | +€147,867 | +392% |
| Other amounts receivable | 41 | €199,111 | €563,535 | +€364,424 | +183% |
| Current investments | 50/53 | €9,540 | €9,540 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €277,139 | €55,992 | -€221,147 | -79.8% |
| Deferred charges and accrued income | 490/1 | €25,000 | €20,887 | -€4,113 | -16.5% |
| Total equity and liabilities | 10/49 | €2,047,926 | €2,088,916 | +€40,989 | +2.0% |
| Equity | 10/15 | €1,158,744 | €593,470 | -€565,274 | -48.8% |
| Contributions | 10/11 | €7,700 | €7,700 | = | 0.0% |
| Reserves | 13 | €1,151,044 | €585,770 | -€565,274 | -49.1% |
| Tax-exempt reserves | 132 | €7,121 | €7,121 | = | 0.0% |
| Distributable reserves | 133 | €1,143,922 | €578,649 | -€565,274 | -49.4% |
| Amounts payable | 17/49 | €889,183 | €1,495,446 | +€606,263 | +68.2% |
| Amounts payable after more than one year | 17 | €739,059 | €613,143 | -€125,916 | -17.0% |
| Financial debts | 170/4 | €739,059 | €613,143 | -€125,916 | -17.0% |
| Amounts payable within one year | 42/48 | €150,124 | €882,303 | +€732,179 | +488% |
| Current portion of amounts payable after more than one year | 42 | €133,622 | €253,459 | +€119,837 | +89.7% |
| Trade debts | 44 | €7,802 | €16,939 | +€9,136 | +117% |
| Suppliers | 440/4 | €7,802 | €16,939 | +€9,136 | +117% |
| Taxes, remuneration and social security | 45 | €8,700 | €30,455 | +€21,755 | +250% |
| Taxes | 450/3 | €2,100 | €29,555 | +€27,455 | +1,307% |
| Remuneration and social security | 454/9 | €6,600 | €900 | -€5,700 | -86.4% |
| Other amounts payable | 47/48 | - | €581,450 | +€581,450 | |
| Non-recurring operating income | 76A | €1,500 | €7,501 | +€6,001 | +400% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,811 | €131,135 | -€5,676 | -4.1% |
| Other operating charges | 640/8 | €64,307 | €93,863 | +€29,556 | +46.0% |
| Gross operating margin | 9900 | €69,034 | €262,086 | +€193,052 | +280% |
| Operating profit (loss) | 9901 | -€132,085 | €37,088 | +€169,173 | |
| Financial income | 75/76B | €351,385 | €3,142 | -€348,243 | -99.1% |
| Recurring financial income | 75 | €351,385 | €2,478 | -€348,907 | -99.3% |
| Non-recurring financial income | 76B | - | €664 | +€664 | |
| Financial charges | 65/66B | €20,881 | €21,376 | +€495 | +2.4% |
| Recurring financial charges | 65 | €18,705 | €21,376 | +€2,671 | +14.3% |
| Non-recurring financial charges | 66B | €2,176 | - | -€2,176 | |
| Profit (loss) for the period before taxes | 9903 | €198,419 | €18,854 | -€179,565 | -90.5% |
| Income taxes | 67/77 | - | €2,677 | +€2,677 | |
| Profit (loss) for the period | 9904 | €198,419 | €16,177 | -€182,242 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €198,419 | €16,177 | -€182,242 | -91.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.