KALUC: 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.
What changed
KALUC
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€95,653
2024 · -€105,998+€10,345
Equity
€335,650
2024 · €431,302-€95,653
Cash
€3,591
2024 · €841+€2,750
Balance sheet total
€798,691
2024 · €901,706-€103,016
Largest movements
Assets
- Tangible fixed assets -€108,325
down €108,325 (-13.9%), from €778,569 to €670,244
of which Land and buildings: -€92,252
Equity and liabilities
- Profit (loss) carried forward -€87,269
down €87,269 (-7.9%), from -€1.1m to -€1.2m
Income statement
- Staff costs -€14,447
down €14,447 (-71.7%), from €20,149 to €5,702
- Financial charges +€5,874
up €5,874, from -€5,860 to €14
- Gross operating margin +€2,904
up €2,904 (+13.5%), from €21,468 to €24,372
- Financial income -€920
down €920 (-34.0%), from €2,705 to €1,784
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.
Result 2024
-€105,998
Gross operating margin
+€2,904
Staff costs
+€14,447
Depreciation
-€121
Other operating charges
-€114
Financial income
-€920
Financial charges
-€5,874
Taxes
+€23
Result 2025
-€95,653
raises the resultlowers the result
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.
From operations
+€4,058
Investment
-€1,453
Financing
+€145
Cash 2024
€841
From operations (derived)
+€4,058
Net result for the year
-€95,653
Depreciation
+€108,325
Receivables within one year
-€1,299
Deferred charges and accrued income
+€192
Provisions
-€2,795
Trade debts
-€1,400
Tax, wage and social debts
-€1,748
Other debts
-€2,355
Accrued charges and deferred income
+€790
Investment (derived)
-€1,453
Current investments
-€1,453
Financing
+€145
Debts after one year
+€145
Cash 2025
€3,591
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €901,706 | €798,691 | -€103,016 | -11.4% |
| Fixed assets | 21/28 | €781,292 | €672,966 | -€108,325 | -13.9% |
| Tangible fixed assets | 22/27 | €778,569 | €670,244 | -€108,325 | -13.9% |
| Land and buildings | 22 | €597,949 | €505,697 | -€92,252 | -15.4% |
| Plant, machinery and equipment | 23 | €2,487 | €1,720 | -€767 | -30.8% |
| Furniture and vehicles | 24 | €16,774 | €1,468 | -€15,306 | -91.3% |
| Other tangible fixed assets | 26 | €161,359 | €161,359 | = | 0.0% |
| Financial fixed assets | 28 | €2,723 | €2,723 | = | 0.0% |
| Current assets | 29/58 | €120,415 | €125,724 | +€5,310 | +4.4% |
| Amounts receivable after more than one year | 29 | €16,336 | €16,336 | = | 0.0% |
| Other amounts receivable | 291 | €16,336 | €16,336 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,151 | €2,450 | +€1,299 | +113% |
| Trade receivables | 40 | €1,016 | €518 | -€498 | -49.0% |
| Other amounts receivable | 41 | €135 | €1,932 | +€1,797 | +1,328% |
| Current investments | 50/53 | €98,743 | €100,196 | +€1,453 | +1.5% |
| Cash at bank and in hand | 54/58 | €841 | €3,591 | +€2,750 | +327% |
| Deferred charges and accrued income | 490/1 | €3,344 | €3,152 | -€192 | -5.7% |
| Total equity and liabilities | 10/49 | €901,706 | €798,691 | -€103,016 | -11.4% |
| Equity | 10/15 | €431,302 | €335,650 | -€95,653 | -22.2% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €41,921 | €33,537 | -€8,384 | -20.0% |
| Tax-exempt reserves | 132 | €41,921 | €33,537 | -€8,384 | -20.0% |
| Profit (loss) carried forward | 14 | -€1,110,619 | -€1,197,888 | -€87,269 | -7.9% |
| Provisions and deferred taxes | 16 | €13,974 | €11,179 | -€2,795 | -20.0% |
| Deferred taxes | 168 | €13,974 | €11,179 | -€2,795 | -20.0% |
| Amounts payable | 17/49 | €456,430 | €451,862 | -€4,568 | -1.0% |
| Amounts payable after more than one year | 17 | €1,375 | €1,520 | +€145 | +10.5% |
| Other amounts payable | 178/9 | €1,375 | €1,520 | +€145 | +10.5% |
| Amounts payable within one year | 42/48 | €455,055 | €449,552 | -€5,503 | -1.2% |
| Trade debts | 44 | €3,963 | €2,563 | -€1,400 | -35.3% |
| Suppliers | 440/4 | €3,963 | €2,563 | -€1,400 | -35.3% |
| Taxes, remuneration and social security | 45 | €2,764 | €1,016 | -€1,748 | -63.2% |
| Taxes | 450/3 | €668 | €1,016 | +€348 | +52.2% |
| Remuneration and social security | 454/9 | €2,096 | €0 | -€2,096 | -100% |
| Other amounts payable | 47/48 | €448,328 | €445,973 | -€2,355 | -0.5% |
| Accrued charges and deferred income | 492/3 | €0 | €790 | +€790 | |
| Remuneration, social security and pensions | 62 | €20,149 | €5,702 | -€14,447 | -71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,204 | €108,325 | +€121 | +0.1% |
| Other operating charges | 640/8 | €9,686 | €9,800 | +€114 | +1.2% |
| Gross operating margin | 9900 | €21,468 | €24,372 | +€2,904 | +13.5% |
| Operating profit (loss) | 9901 | -€116,571 | -€99,455 | +€17,116 | +14.7% |
| Financial income | 75/76B | €2,705 | €1,784 | -€920 | -34.0% |
| Recurring financial income | 75 | €2,705 | €1,784 | -€920 | -34.0% |
| Financial charges | 65/66B | -€5,860 | €14 | +€5,874 | |
| Recurring financial charges | 65 | -€5,860 | €14 | +€5,874 | |
| Profit (loss) for the period before taxes | 9903 | -€108,007 | -€97,685 | +€10,322 | +9.6% |
| Transfer from deferred taxes | 780 | €2,795 | €2,795 | = | 0.0% |
| Income taxes | 67/77 | €786 | €763 | -€23 | -2.9% |
| Profit (loss) for the period | 9904 | -€105,998 | -€95,653 | +€10,345 | +9.8% |
| Transfer from tax-exempt reserves | 789 | €8,384 | €8,384 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,613 | -€87,269 | +€10,345 | +10.6% |
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 27 October 2026 via checked.be.