KLAAR: 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.
KLAAR
Largest movements
- Tangible fixed assets +€49,402
up €49,402 (+20818.4%), from €237 to €49,639
- Cash +€34,798
up €34,798 (+103.5%), from €33,631 to €68,429
mainly Net result for the year (+€64,202) and Debts after one year (+€35,096)
- Receivables within one year +€3,073
up €3,073 (+1112.9%), from €276 to €3,350
- Reserves +€56,955
up €56,955 (+392.1%), from €14,527 to €71,482
- Debts after one year +€35,096
new in 2025: €35,096
- Other debts -€20,000
down €20,000 (-34.4%), from €58,115 to €38,115
- Current portion of long-term debt +€8,510
new in 2025: €8,510
- Tax, wage and social debts +€7,247
up €7,247 (+178.1%), from €4,070 to €11,316
- Gross operating margin +€40,648
up €40,648 (+117.7%), from €34,541 to €75,189
- Taxes +€3,330
up €3,330 (+81.8%), from €4,070 to €7,400
- Depreciation +€1,984
up €1,984 (+1220.0%), from €163 to €2,147
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 | €81,644 | €168,918 | +€87,274 | +106.9% |
| Fixed assets | 21/28 | €47,737 | €97,139 | +€49,402 | +103.5% |
| Tangible fixed assets | 22/27 | €237 | €49,639 | +€49,402 | +20818.4% |
| Furniture and vehicles | 24 | €237 | €49,639 | +€49,402 | +20818.4% |
| Financial fixed assets | 28 | €47,500 | €47,500 | = | 0.0% |
| Current assets | 29/58 | €33,907 | €71,779 | +€37,872 | +111.7% |
| Amounts receivable within one year | 40/41 | €276 | €3,350 | +€3,073 | +1112.9% |
| Other amounts receivable | 41 | €276 | €3,350 | +€3,073 | +1112.9% |
| Cash at bank and in hand | 54/58 | €33,631 | €68,429 | +€34,798 | +103.5% |
| Total equity and liabilities | 10/49 | €81,644 | €168,918 | +€87,274 | +106.9% |
| Equity | 10/15 | €17,527 | €74,482 | +€56,955 | +325.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,527 | €71,482 | +€56,955 | +392.1% |
| Distributable reserves | 133 | €14,527 | €71,482 | +€56,955 | +392.1% |
| Amounts payable | 17/49 | €64,117 | €94,436 | +€30,319 | +47.3% |
| Amounts payable after more than one year | 17 | - | €35,096 | +€35,096 | |
| Financial debts | 170/4 | - | €35,096 | +€35,096 | |
| Amounts payable within one year | 42/48 | €64,117 | €59,339 | -€4,778 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,510 | +€8,510 | |
| Trade debts | 44 | €1,932 | €1,398 | -€534 | -27.7% |
| Suppliers | 440/4 | €1,932 | €1,398 | -€534 | -27.7% |
| Taxes, remuneration and social security | 45 | €4,070 | €11,316 | +€7,247 | +178.1% |
| Taxes | 450/3 | €4,070 | €11,316 | +€7,247 | +178.1% |
| Other amounts payable | 47/48 | €58,115 | €38,115 | -€20,000 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €2,147 | +€1,984 | +1220.0% |
| Other operating charges | 640/8 | €449 | €999 | +€550 | +122.3% |
| Gross operating margin | 9900 | €34,541 | €75,189 | +€40,648 | +117.7% |
| Operating profit (loss) | 9901 | €33,929 | €72,043 | +€38,115 | +112.3% |
| Financial charges | 65/66B | €72 | €442 | +€369 | +509.6% |
| Recurring financial charges | 65 | €72 | €442 | +€369 | +509.6% |
| Profit (loss) for the period before taxes | 9903 | €33,856 | €71,602 | +€37,745 | +111.5% |
| Income taxes | 67/77 | €4,070 | €7,400 | +€3,330 | +81.8% |
| Profit (loss) for the period | 9904 | €29,787 | €64,202 | +€34,415 | +115.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,787 | €64,202 | +€34,415 | +115.5% |
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.