KLAAZCUTZ: 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.
KLAAZCUTZ
Largest movements
- Cash +€60,578
up €60,578 (+42.6%), from €142,124 to €202,702
mainly Net result for the year (+€113,606) and Other debts (+€38,641)
- Receivables within one year +€8,486
up €8,486 (+51.0%), from €16,636 to €25,122
of which Trade receivables: +€12,388
- Reserves +€51,753
up €51,753 (+59.8%), from €86,598 to €138,351
- Other debts +€38,641
up €38,641 (+156%), from €24,760 to €63,402
- Debts after one year -€38,000
down €38,000 (-100%), from €38,000 to €0
- Trade debts +€8,381
up €8,381 (+539%), from €1,554 to €9,935
- Tax, wage and social debts +€5,141
up €5,141 (+240%), from €2,145 to €7,286
of which Taxes: +€7,171
- Gross operating margin +€156,872
up €156,872 (+1,628%), from €9,638 to €166,510
- Taxes +€46,415
up €46,415 (+2,321%), from €2,000 to €48,414
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 | €167,491 | €233,557 | +€66,066 | +39.4% |
| Fixed assets | 21/28 | €4,682 | €2,947 | -€1,735 | -37.1% |
| Tangible fixed assets | 22/27 | €4,682 | €2,947 | -€1,735 | -37.1% |
| Plant, machinery and equipment | 23 | €398 | €282 | -€116 | -29.0% |
| Furniture and vehicles | 24 | €4,284 | €2,665 | -€1,619 | -37.8% |
| Current assets | 29/58 | €162,809 | €230,610 | +€67,801 | +41.6% |
| Amounts receivable within one year | 40/41 | €16,636 | €25,122 | +€8,486 | +51.0% |
| Trade receivables | 40 | €5,740 | €18,129 | +€12,388 | +216% |
| Other amounts receivable | 41 | €10,895 | €6,993 | -€3,903 | -35.8% |
| Cash at bank and in hand | 54/58 | €142,124 | €202,702 | +€60,578 | +42.6% |
| Deferred charges and accrued income | 490/1 | €4,049 | €2,787 | -€1,262 | -31.2% |
| Total equity and liabilities | 10/49 | €167,491 | €233,557 | +€66,066 | +39.4% |
| Equity | 10/15 | €98,998 | €150,751 | +€51,753 | +52.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €86,598 | €138,351 | +€51,753 | +59.8% |
| Distributable reserves | 133 | €86,598 | €138,351 | +€51,753 | +59.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €68,493 | €82,806 | +€14,313 | +20.9% |
| Amounts payable after more than one year | 17 | €38,000 | €0 | -€38,000 | -100% |
| Financial debts | 170/4 | €38,000 | €0 | -€38,000 | -100% |
| Amounts payable within one year | 42/48 | €30,493 | €82,648 | +€52,155 | +171% |
| Financial debts | 43 | €2,033 | €2,025 | -€8 | -0.4% |
| Credit institutions | 430/8 | €2,033 | €2,025 | -€8 | -0.4% |
| Trade debts | 44 | €1,554 | €9,935 | +€8,381 | +539% |
| Suppliers | 440/4 | €1,554 | €9,935 | +€8,381 | +539% |
| Taxes, remuneration and social security | 45 | €2,145 | €7,286 | +€5,141 | +240% |
| Taxes | 450/3 | €115 | €7,286 | +€7,171 | +6,248% |
| Remuneration and social security | 454/9 | €2,030 | €0 | -€2,030 | -100% |
| Other amounts payable | 47/48 | €24,760 | €63,402 | +€38,641 | +156% |
| Accrued charges and deferred income | 492/3 | - | €158 | +€158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,092 | €1,735 | -€357 | -17.1% |
| Other operating charges | 640/8 | €922 | €885 | -€37 | -4.0% |
| Gross operating margin | 9900 | €9,638 | €166,510 | +€156,872 | +1,628% |
| Operating profit (loss) | 9901 | €6,624 | €163,889 | +€157,265 | +2,374% |
| Financial income | 75/76B | €1,427 | €1,285 | -€142 | -10.0% |
| Recurring financial income | 75 | €1,427 | €1,285 | -€142 | -10.0% |
| Financial charges | 65/66B | €2,699 | €3,154 | +€456 | +16.9% |
| Recurring financial charges | 65 | €2,699 | €3,154 | +€456 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €5,353 | €162,020 | +€156,667 | +2,927% |
| Income taxes | 67/77 | €2,000 | €48,414 | +€46,415 | +2,321% |
| Profit (loss) for the period | 9904 | €3,353 | €113,606 | +€110,253 | +3,288% |
| Profit (loss) for the period to be appropriated | 9905 | €3,353 | €113,606 | +€110,253 | +3,288% |
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 23 October 2026 via checked.be.