KLACKEN: 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.
KLACKEN
Largest movements
- Receivables within one year -€176,441
down €176,441 (-92.0%), from €191,855 to €15,414
of which Other amounts receivable: -€145,631
- Tangible fixed assets -€82,954
down €82,954 (-6.6%), from €1.3m to €1.2m
of which Plant, machinery and equipment: -€65,771
- Cash +€65,489
up €65,489 (+116%), from €56,565 to €122,054
mainly Receivables within one year (+€176,441) and Depreciation (+€157,871)
- Financial fixed assets +€50,000
up €50,000 (+2.9%), from €1.7m to €1.8m
- Profit (loss) carried forward -€111,571
down €111,571 (-11.6%), from -€964,566 to -€1.1m
- Gross operating margin -€90,608
down €90,608, from €90,441 to -€167
- Financial income -€26,032
down €26,032 (-17.3%), from €150,386 to €124,354
of which Financial income: -€50,000
- Depreciation -€6,449
down €6,449 (-3.9%), from €164,320 to €157,871
- Financial charges +€3,468
up €3,468 (+17.5%), from €19,781 to €23,248
of which Non-recurring financial charges: +€2,730
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 | €3,227,735 | €3,089,514 | -€138,221 | -4.3% |
| Fixed assets | 21/28 | €2,975,077 | €2,942,123 | -€32,954 | -1.1% |
| Tangible fixed assets | 22/27 | €1,265,077 | €1,182,123 | -€82,954 | -6.6% |
| Land and buildings | 22 | €411,885 | €393,253 | -€18,632 | -4.5% |
| Plant, machinery and equipment | 23 | €703,449 | €637,678 | -€65,771 | -9.3% |
| Furniture and vehicles | 24 | €32,504 | €30,669 | -€1,835 | -5.6% |
| Other tangible fixed assets | 26 | €117,239 | €120,523 | +€3,284 | +2.8% |
| Financial fixed assets | 28 | €1,710,000 | €1,760,000 | +€50,000 | +2.9% |
| Current assets | 29/58 | €252,658 | €147,392 | -€105,266 | -41.7% |
| Amounts receivable within one year | 40/41 | €191,855 | €15,414 | -€176,441 | -92.0% |
| Trade receivables | 40 | €41,855 | €11,045 | -€30,809 | -73.6% |
| Other amounts receivable | 41 | €150,000 | €4,369 | -€145,631 | -97.1% |
| Cash at bank and in hand | 54/58 | €56,565 | €122,054 | +€65,489 | +116% |
| Deferred charges and accrued income | 490/1 | €4,238 | €9,923 | +€5,686 | +134% |
| Total equity and liabilities | 10/49 | €3,227,735 | €3,089,514 | -€138,221 | -4.3% |
| Equity | 10/15 | €579,943 | €468,372 | -€111,571 | -19.2% |
| Contributions | 10/11 | €1,544,509 | €1,544,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€964,566 | -€1,076,137 | -€111,571 | -11.6% |
| Amounts payable | 17/49 | €2,647,792 | €2,621,142 | -€26,650 | -1.0% |
| Amounts payable after more than one year | 17 | €2,430,560 | €2,410,873 | -€19,688 | -0.8% |
| Financial debts | 170/4 | €846,719 | €696,510 | -€150,209 | -17.7% |
| Other amounts payable | 178/9 | €1,583,841 | €1,714,362 | +€130,522 | +8.2% |
| Amounts payable within one year | 42/48 | €217,231 | €209,043 | -€8,188 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €169,915 | €152,742 | -€17,173 | -10.1% |
| Trade debts | 44 | €10,044 | €34,427 | +€24,383 | +243% |
| Suppliers | 440/4 | €10,044 | €34,427 | +€24,383 | +243% |
| Taxes, remuneration and social security | 45 | €33,194 | €21,333 | -€11,862 | -35.7% |
| Taxes | 450/3 | €18,379 | €9,629 | -€8,751 | -47.6% |
| Remuneration and social security | 454/9 | €14,815 | €11,704 | -€3,111 | -21.0% |
| Other amounts payable | 47/48 | €4,078 | €541 | -€3,537 | -86.7% |
| Accrued charges and deferred income | 492/3 | - | €1,227 | +€1,227 | |
| Remuneration, social security and pensions | 62 | €51,368 | €51,198 | -€170 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,320 | €157,871 | -€6,449 | -3.9% |
| Other operating charges | 640/8 | €2,852 | €3,442 | +€589 | +20.7% |
| Gross operating margin | 9900 | €90,441 | -€167 | -€90,608 | |
| Operating profit (loss) | 9901 | -€128,099 | -€212,677 | -€84,578 | -66.0% |
| Financial income | 75/76B | €150,386 | €124,354 | -€26,032 | -17.3% |
| Recurring financial income | 75 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Non-recurring financial income | 76B | €386 | €24,354 | +€23,968 | +6,211% |
| Financial charges | 65/66B | €19,781 | €23,248 | +€3,468 | +17.5% |
| Recurring financial charges | 65 | €19,781 | €20,519 | +€738 | +3.7% |
| Non-recurring financial charges | 66B | - | €2,730 | +€2,730 | |
| Profit (loss) for the period before taxes | 9903 | €2,506 | -€111,571 | -€114,077 | |
| Profit (loss) for the period | 9904 | €2,506 | -€111,571 | -€114,077 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,506 | -€111,571 | -€114,077 |
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 20 October 2026 via checked.be.