KL FUTURING: 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.
KL FUTURING
Largest movements
- Current investments +€45,000
up €45,000 (+150%), from €30,000 to €75,000
- Cash -€11,895
down €11,895 (-35.6%), from €33,392 to €21,497
mainly Contributions, distributions and other (-€102,060) and Current investments (-€45,000)
- Deferred charges and accrued income -€5,552
down €5,552 (-61.9%), from €8,964 to €3,412
- Tangible fixed assets -€2,850
down €2,850 (-23.4%), from €12,200 to €9,350
of which Plant, machinery and equipment: -€2,282
- Other debts +€12,073
up €12,073 (+15.9%), from €75,782 to €87,855
- Tax, wage and social debts +€9,194
up €9,194 (+48.6%), from €18,916 to €28,111
of which Taxes: +€9,121
- Current portion of long-term debt +€3,294
new in 2025: €3,294
- Gross operating margin +€17,268
up €17,268 (+14.5%), from €119,250 to €136,518
- Taxes +€2,881
up €2,881 (+10.6%), from €27,089 to €29,970
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 | €104,813 | €129,260 | +€24,447 | +23.3% |
| Fixed assets | 21/28 | €16,100 | €13,250 | -€2,850 | -17.7% |
| Tangible fixed assets | 22/27 | €12,200 | €9,350 | -€2,850 | -23.4% |
| Plant, machinery and equipment | 23 | €11,633 | €9,350 | -€2,282 | -19.6% |
| Other tangible fixed assets | 26 | €567 | - | -€567 | |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €88,713 | €116,009 | +€27,296 | +30.8% |
| Amounts receivable within one year | 40/41 | €16,357 | €16,100 | -€257 | -1.6% |
| Trade receivables | 40 | €257 | - | -€257 | |
| Other amounts receivable | 41 | €16,100 | €16,100 | = | 0.0% |
| Current investments | 50/53 | €30,000 | €75,000 | +€45,000 | +150% |
| Cash at bank and in hand | 54/58 | €33,392 | €21,497 | -€11,895 | -35.6% |
| Deferred charges and accrued income | 490/1 | €8,964 | €3,412 | -€5,552 | -61.9% |
| Total equity and liabilities | 10/49 | €104,813 | €129,260 | +€24,447 | +23.3% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €94,813 | €119,260 | +€24,447 | +25.8% |
| Amounts payable within one year | 42/48 | €94,813 | €119,260 | +€24,447 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,294 | +€3,294 | |
| Trade debts | 44 | €115 | - | -€115 | |
| Suppliers | 440/4 | €115 | - | -€115 | |
| Taxes, remuneration and social security | 45 | €18,916 | €28,111 | +€9,194 | +48.6% |
| Taxes | 450/3 | €18,916 | €28,037 | +€9,121 | +48.2% |
| Remuneration and social security | 454/9 | - | €73 | +€73 | |
| Other amounts payable | 47/48 | €75,782 | €87,855 | +€12,073 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,431 | €4,567 | +€135 | +3.1% |
| Other operating charges | 640/8 | €740 | €250 | -€490 | -66.2% |
| Gross operating margin | 9900 | €119,250 | €136,518 | +€17,268 | +14.5% |
| Operating profit (loss) | 9901 | €114,078 | €131,701 | +€17,623 | +15.4% |
| Financial income | 75/76B | €1,129 | €768 | -€361 | -32.0% |
| Recurring financial income | 75 | €1,129 | €768 | -€361 | -32.0% |
| Financial charges | 65/66B | €396 | €438 | +€42 | +10.7% |
| Recurring financial charges | 65 | €396 | €438 | +€42 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €114,811 | €132,031 | +€17,220 | +15.0% |
| Income taxes | 67/77 | €27,089 | €29,970 | +€2,881 | +10.6% |
| Profit (loss) for the period | 9904 | €87,722 | €102,060 | +€14,339 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €87,722 | €102,060 | +€14,339 | +16.3% |
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.