KLAFEL: 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.
KLAFEL
Largest movements
- Cash -€3,623
down €3,623 (-6.1%), from €58,929 to €55,306
mainly Net result for the year (-€5,875) and Tax, wage and social debts (-€1,542)
- Profit (loss) carried forward -€5,875
new in 2025: -€5,875
- Other debts +€2,843
up €2,843 (+56.0%), from €5,073 to €7,916
- Tax, wage and social debts -€1,542
down €1,542 (-98.1%), from €1,572 to €31
- Gross operating margin -€7,930
down €7,930, from €5,807 to -€2,123
- Write-downs +€2,632
up €2,632, from €0 to €2,632
- Taxes -€1,547
down €1,547 (-100.0%), from €1,547 to €0
- Financial income -€83
down €83 (-92.1%), from €90 to €7
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 | €66,447 | €61,890 | -€4,557 | -6.9% |
| Fixed assets | 21/28 | €1,629 | €1,229 | -€400 | -24.5% |
| Tangible fixed assets | 22/27 | €1,629 | €1,229 | -€400 | -24.5% |
| Furniture and vehicles | 24 | €1,629 | €1,229 | -€400 | -24.5% |
| Current assets | 29/58 | €64,817 | €60,660 | -€4,157 | -6.4% |
| Amounts receivable within one year | 40/41 | €5,888 | €5,354 | -€534 | -9.1% |
| Trade receivables | 40 | €5,338 | €4,679 | -€659 | -12.3% |
| Other amounts receivable | 41 | €550 | €675 | +€125 | +22.7% |
| Cash at bank and in hand | 54/58 | €58,929 | €55,306 | -€3,623 | -6.1% |
| Total equity and liabilities | 10/49 | €66,447 | €61,890 | -€4,557 | -6.9% |
| Equity | 10/15 | €59,801 | €53,926 | -€5,875 | -9.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €57,801 | €57,801 | = | 0.0% |
| Distributable reserves | 133 | €57,801 | €57,801 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,875 | -€5,875 | |
| Amounts payable | 17/49 | €6,645 | €7,963 | +€1,318 | +19.8% |
| Amounts payable within one year | 42/48 | €6,645 | €7,963 | +€1,318 | +19.8% |
| Trade debts | 44 | €0 | €17 | +€17 | |
| Suppliers | 440/4 | €0 | €17 | +€17 | |
| Taxes, remuneration and social security | 45 | €1,572 | €31 | -€1,542 | -98.1% |
| Taxes | 450/3 | €1,572 | €31 | -€1,542 | -98.1% |
| Other amounts payable | 47/48 | €5,073 | €7,916 | +€2,843 | +56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370 | €400 | +€30 | +8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €2,632 | +€2,632 | |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €5,807 | -€2,123 | -€7,930 | |
| Operating profit (loss) | 9901 | €4,937 | -€5,669 | -€10,606 | |
| Financial income | 75/76B | €90 | €7 | -€83 | -92.1% |
| Recurring financial income | 75 | €90 | €7 | -€83 | -92.1% |
| Financial charges | 65/66B | €156 | €213 | +€57 | +36.4% |
| Recurring financial charges | 65 | €156 | €213 | +€57 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €4,871 | -€5,875 | -€10,746 | |
| Income taxes | 67/77 | €1,547 | €0 | -€1,547 | -100.0% |
| Profit (loss) for the period | 9904 | €3,324 | -€5,875 | -€9,199 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,324 | -€5,875 | -€9,199 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.