KL TECHNICS: what changed
What changed
KL TECHNICS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€94,318
2024 · €73,343+€20,975
Equity
€586,668
2024 · €573,679+€12,989
Cash
€212,473
2024 · €51,431+€161,042
Balance sheet total
€815,130
2024 · €727,111+€88,019
Largest movements
Assets
- Cash +€161,042
up €161,042 (+313%), from €51,431 to €212,473
mainly Net result for the year (+€94,318) and Other debts (+€81,329)
- Receivables within one year -€68,406
down €68,406 (-12.4%), from €549,779 to €481,373
of which Trade receivables: -€69,194
Equity and liabilities
- Other debts +€81,329
new in 2025: €81,329
- Profit (loss) carried forward +€70,789
up €70,789 (+14.1%), from €501,619 to €572,408
- Reserves -€57,800
down €57,800 (-96.9%), from €59,660 to €1,860
of which Distributable reserves: -€57,800
- Debts after one year -€16,777
down €16,777 (-56.7%), from €29,594 to €12,817
Income statement
- Gross operating margin +€88,887
up €88,887 (+39.4%), from €225,437 to €314,325
- Staff costs +€59,831
up €59,831 (+71.1%), from €84,108 to €143,939
- Taxes +€7,067
up €7,067 (+34.7%), from €20,384 to €27,451
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.
Result 2024
€73,343
Gross operating margin
+€88,887
Staff costs
-€59,831
Depreciation
+€44
Other operating charges
-€687
Financial income
-€53
Financial charges
-€318
Taxes
-€7,067
Result 2025
€94,318
raises the resultlowers the result
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.
From operations
+€294,312
Investment
-€40,512
Financing
-€92,758
Cash 2024
€51,431
From operations (derived)
+€294,312
Net result for the year
+€94,318
Depreciation
+€45,231
Stocks and contracts
+€1,383
Receivables within one year
+€68,406
Deferred charges and accrued income
-€1,486
Trade debts
+€6,706
Tax, wage and social debts
-€1,577
Other debts
+€81,329
Investment (derived)
-€40,512
Investment in fixed assets (net)
-€40,512
Financing
-€92,758
Debts after one year
-€16,777
Current portion of long-term debt
-€2,360
Short-term financial debts
+€7,708
Contributions, distributions and other
-€81,329
Cash 2025
€212,473
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,111 | €815,130 | +€88,019 | +12.1% |
| Fixed assets | 21/28 | €93,131 | €88,412 | -€4,719 | -5.1% |
| Tangible fixed assets | 22/27 | €93,131 | €88,412 | -€4,719 | -5.1% |
| Plant, machinery and equipment | 23 | €14,321 | €10,761 | -€3,560 | -24.9% |
| Furniture and vehicles | 24 | €78,810 | €77,651 | -€1,160 | -1.5% |
| Current assets | 29/58 | €633,980 | €726,718 | +€92,738 | +14.6% |
| Stocks and contracts in progress | 3 | €26,455 | €25,072 | -€1,383 | -5.2% |
| Stocks | 30/36 | €26,455 | €25,072 | -€1,383 | -5.2% |
| Amounts receivable within one year | 40/41 | €549,779 | €481,373 | -€68,406 | -12.4% |
| Trade receivables | 40 | €131,599 | €62,405 | -€69,194 | -52.6% |
| Other amounts receivable | 41 | €418,180 | €418,968 | +€788 | +0.2% |
| Cash at bank and in hand | 54/58 | €51,431 | €212,473 | +€161,042 | +313% |
| Deferred charges and accrued income | 490/1 | €6,315 | €7,801 | +€1,486 | +23.5% |
| Total equity and liabilities | 10/49 | €727,111 | €815,130 | +€88,019 | +12.1% |
| Equity | 10/15 | €573,679 | €586,668 | +€12,989 | +2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €59,660 | €1,860 | -€57,800 | -96.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,800 | - | -€57,800 | |
| Profit (loss) carried forward | 14 | €501,619 | €572,408 | +€70,789 | +14.1% |
| Amounts payable | 17/49 | €153,432 | €228,462 | +€75,030 | +48.9% |
| Amounts payable after more than one year | 17 | €29,594 | €12,817 | -€16,777 | -56.7% |
| Financial debts | 170/4 | €29,594 | €12,817 | -€16,777 | -56.7% |
| Amounts payable within one year | 42/48 | €123,838 | €215,645 | +€91,807 | +74.1% |
| Current portion of amounts payable after more than one year | 42 | €19,136 | €16,777 | -€2,360 | -12.3% |
| Financial debts | 43 | €5,114 | €12,822 | +€7,708 | +151% |
| Credit institutions | 430/8 | €5,114 | €12,822 | +€7,708 | +151% |
| Trade debts | 44 | €92,121 | €98,828 | +€6,706 | +7.3% |
| Suppliers | 440/4 | €92,121 | €98,828 | +€6,706 | +7.3% |
| Taxes, remuneration and social security | 45 | €7,467 | €5,890 | -€1,577 | -21.1% |
| Taxes | 450/3 | €7,467 | €5,890 | -€1,577 | -21.1% |
| Other amounts payable | 47/48 | - | €81,329 | +€81,329 | |
| Remuneration, social security and pensions | 62 | €84,108 | €143,939 | +€59,831 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,276 | €45,231 | -€44 | -0.1% |
| Other operating charges | 640/8 | €1,395 | €2,082 | +€687 | +49.3% |
| Gross operating margin | 9900 | €225,437 | €314,325 | +€88,887 | +39.4% |
| Operating profit (loss) | 9901 | €94,659 | €123,072 | +€28,413 | +30.0% |
| Financial income | 75/76B | €1,605 | €1,552 | -€53 | -3.3% |
| Recurring financial income | 75 | €1,605 | €1,552 | -€53 | -3.3% |
| Financial charges | 65/66B | €2,537 | €2,855 | +€318 | +12.5% |
| Recurring financial charges | 65 | €2,537 | €2,855 | +€318 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €93,727 | €121,769 | +€28,042 | +29.9% |
| Income taxes | 67/77 | €20,384 | €27,451 | +€7,067 | +34.7% |
| Profit (loss) for the period | 9904 | €73,343 | €94,318 | +€20,975 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,343 | €94,318 | +€20,975 | +28.6% |
Next steps
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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 3 November 2026 via checked.be.