K-LEAN: what changed
Two fiscal 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-LEAN
Largest movements
- Current investments +€75,000
up €75,000 (+15.0%), from €500,000 to €575,000
- Cash +€33,310
up €33,310 (+42.2%), from €78,945 to €112,255
mainly Net result for the year (+€130,747) and Depreciation (+€24,746)
- Tangible fixed assets -€24,746
down €24,746 (-15.0%), from €165,355 to €140,609
of which Furniture and vehicles: -€17,736
- Receivables within one year -€24,172
down €24,172 (-99.5%), from €24,300 to €128
- Reserves +€50,637
up €50,637 (+7.7%), from €654,261 to €704,898
- Tax, wage and social debts +€23,285
up €23,285 (+59.9%), from €38,869 to €62,154
- Debts after one year -€14,829
down €14,829 (-34.2%), from €43,298 to €28,468
- Depreciation +€13,971
up €13,971 (+129.7%), from €10,775 to €24,746
- Financial income -€8,006
down €8,006 (-44.8%), from €17,889 to €9,883
- Taxes -€7,117
down €7,117 (-11.1%), from €64,120 to €57,004
- Gross operating margin -€2,363
down €2,363 (-1.1%), from €208,412 to €206,049
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.
Cash bridge derived
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 | €770,265 | €829,214 | +€58,949 | +7.7% |
| Fixed assets | 21/28 | €165,355 | €140,609 | -€24,746 | -15.0% |
| Tangible fixed assets | 22/27 | €165,355 | €140,609 | -€24,746 | -15.0% |
| Land and buildings | 22 | €78,600 | €72,050 | -€6,550 | -8.3% |
| Plant, machinery and equipment | 23 | €2,194 | €1,734 | -€460 | -21.0% |
| Furniture and vehicles | 24 | €84,560 | €66,824 | -€17,736 | -21.0% |
| Current assets | 29/58 | €604,910 | €688,605 | +€83,695 | +13.8% |
| Amounts receivable within one year | 40/41 | €24,300 | €128 | -€24,172 | -99.5% |
| Trade receivables | 40 | €24,300 | €128 | -€24,172 | -99.5% |
| Current investments | 50/53 | €500,000 | €575,000 | +€75,000 | +15.0% |
| Cash at bank and in hand | 54/58 | €78,945 | €112,255 | +€33,310 | +42.2% |
| Deferred charges and accrued income | 490/1 | €1,665 | €1,222 | -€443 | -26.6% |
| Total equity and liabilities | 10/49 | €770,265 | €829,214 | +€58,949 | +7.7% |
| Equity | 10/15 | €672,861 | €723,498 | +€50,637 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €654,261 | €704,898 | +€50,637 | +7.7% |
| Distributable reserves | 133 | €654,261 | €704,898 | +€50,637 | +7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,404 | €105,716 | +€8,312 | +8.5% |
| Amounts payable after more than one year | 17 | €43,298 | €28,468 | -€14,829 | -34.2% |
| Financial debts | 170/4 | €43,298 | €28,468 | -€14,829 | -34.2% |
| Amounts payable within one year | 42/48 | €54,107 | €77,248 | +€23,141 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €14,356 | €14,829 | +€474 | +3.3% |
| Trade debts | 44 | €882 | €119 | -€763 | -86.5% |
| Suppliers | 440/4 | €882 | €119 | -€763 | -86.5% |
| Advances received on contracts in progress | 46 | - | €145 | +€145 | |
| Taxes, remuneration and social security | 45 | €38,869 | €62,154 | +€23,285 | +59.9% |
| Taxes | 450/3 | €38,869 | €62,154 | +€23,285 | +59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,775 | €24,746 | +€13,971 | +129.7% |
| Other operating charges | 640/8 | €1,687 | €1,609 | -€78 | -4.6% |
| Gross operating margin | 9900 | €208,412 | €206,049 | -€2,363 | -1.1% |
| Operating profit (loss) | 9901 | €195,950 | €179,694 | -€16,256 | -8.3% |
| Financial income | 75/76B | €17,889 | €9,883 | -€8,006 | -44.8% |
| Recurring financial income | 75 | €17,889 | €9,883 | -€8,006 | -44.8% |
| Financial charges | 65/66B | €533 | €1,827 | +€1,294 | +242.9% |
| Recurring financial charges | 65 | €533 | €1,827 | +€1,294 | +242.9% |
| Profit (loss) for the period before taxes | 9903 | €213,306 | €187,751 | -€25,556 | -12.0% |
| Income taxes | 67/77 | €64,120 | €57,004 | -€7,117 | -11.1% |
| Profit (loss) for the period | 9904 | €149,186 | €130,747 | -€18,439 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €149,186 | €130,747 | -€18,439 | -12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.