KLAK: 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.
KLAK
Largest movements
- Cash -€11,822
down €11,822 (-32.9%), from €35,972 to €24,149
mainly Debts after one year (-€23,174) and Trade debts (-€8,999)
- Tangible fixed assets -€10,062
down €10,062 (-3.0%), from €340,593 to €330,531
of which Land and buildings: -€10,062
- Stocks and contracts +€8,727
up €8,727 (+9.6%), from €90,674 to €99,400
- Intangible fixed assets -€8,257
down €8,257 (-26.4%), from €31,335 to €23,078
- Debts after one year -€23,174
down €23,174 (-7.7%), from €300,849 to €277,676
- Profit (loss) carried forward +€17,994
up €17,994 (+21.1%), from €85,195 to €103,189
- Tax, wage and social debts +€10,027
up €10,027 (+35.0%), from €28,678 to €38,705
of which Taxes: +€6,646
- Trade debts -€8,999
down €8,999 (-39.7%), from €22,684 to €13,685
- Other debts -€8,652
down €8,652 (-100.0%), from €8,652 to €0
- Gross operating margin -€11,564
down €11,564 (-13.3%), from €86,992 to €75,428
- Financial charges +€3,855
up €3,855 (+21.0%), from €18,341 to €22,197
- Depreciation -€2,863
down €2,863 (-13.5%), from €21,182 to €18,319
- Taxes -€2,332
down €2,332 (-21.4%), from €10,878 to €8,545
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 | €508,236 | €490,882 | -€17,354 | -3.4% |
| Fixed assets | 21/28 | €372,028 | €353,609 | -€18,419 | -5.0% |
| Intangible fixed assets | 21 | €31,335 | €23,078 | -€8,257 | -26.4% |
| Tangible fixed assets | 22/27 | €340,593 | €330,531 | -€10,062 | -3.0% |
| Land and buildings | 22 | €340,593 | €330,531 | -€10,062 | -3.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €100 | €0 | -€100 | -100.0% |
| Current assets | 29/58 | €136,208 | €137,273 | +€1,065 | +0.8% |
| Stocks and contracts in progress | 3 | €90,674 | €99,400 | +€8,727 | +9.6% |
| Stocks | 30/36 | €90,674 | €99,400 | +€8,727 | +9.6% |
| Amounts receivable within one year | 40/41 | €8,438 | €13,235 | +€4,796 | +56.8% |
| Trade receivables | 40 | €160 | €727 | +€567 | +354.8% |
| Other amounts receivable | 41 | €8,278 | €12,507 | +€4,229 | +51.1% |
| Cash at bank and in hand | 54/58 | €35,972 | €24,149 | -€11,822 | -32.9% |
| Deferred charges and accrued income | 490/1 | €1,124 | €488 | -€636 | -56.6% |
| Total equity and liabilities | 10/49 | €508,236 | €490,882 | -€17,354 | -3.4% |
| Equity | 10/15 | €105,655 | €123,649 | +€17,994 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,195 | €103,189 | +€17,994 | +21.1% |
| Amounts payable | 17/49 | €402,580 | €367,233 | -€35,348 | -8.8% |
| Amounts payable after more than one year | 17 | €300,849 | €277,676 | -€23,174 | -7.7% |
| Financial debts | 170/4 | €300,849 | €277,676 | -€23,174 | -7.7% |
| Amounts payable within one year | 42/48 | €93,928 | €84,355 | -€9,573 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €33,914 | €31,965 | -€1,949 | -5.7% |
| Trade debts | 44 | €22,684 | €13,685 | -€8,999 | -39.7% |
| Suppliers | 440/4 | €22,684 | €13,685 | -€8,999 | -39.7% |
| Taxes, remuneration and social security | 45 | €28,678 | €38,705 | +€10,027 | +35.0% |
| Taxes | 450/3 | €28,059 | €34,705 | +€6,646 | +23.7% |
| Remuneration and social security | 454/9 | €619 | €4,000 | +€3,381 | +545.8% |
| Other amounts payable | 47/48 | €8,652 | €0 | -€8,652 | -100.0% |
| Accrued charges and deferred income | 492/3 | €7,803 | €5,202 | -€2,601 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,182 | €18,319 | -€2,863 | -13.5% |
| Other operating charges | 640/8 | €6,454 | €5,749 | -€705 | -10.9% |
| Non-recurring operating charges | 66A | €1,496 | €4,103 | +€2,608 | +174.3% |
| Gross operating margin | 9900 | €86,992 | €75,428 | -€11,564 | -13.3% |
| Operating profit (loss) | 9901 | €57,861 | €47,257 | -€10,604 | -18.3% |
| Financial income | 75/76B | €957 | €1,479 | +€522 | +54.6% |
| Recurring financial income | 75 | €957 | €1,479 | +€522 | +54.6% |
| Financial charges | 65/66B | €18,341 | €22,197 | +€3,855 | +21.0% |
| Recurring financial charges | 65 | €18,341 | €22,197 | +€3,855 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €40,476 | €26,539 | -€13,937 | -34.4% |
| Income taxes | 67/77 | €10,878 | €8,545 | -€2,332 | -21.4% |
| Profit (loss) for the period | 9904 | €29,598 | €17,994 | -€11,605 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,598 | €17,994 | -€11,605 | -39.2% |
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 6 October 2026 via checked.be.