KLANDKO: 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.
KLANDKO
Largest movements
- Receivables within one year +€144,070
up €144,070 (+130.2%), from €110,666 to €254,736
of which Trade receivables: +€134,070
- Tangible fixed assets -€7,556
down €7,556 (-16.9%), from €44,606 to €37,050
of which Furniture and vehicles: -€7,036
- Stocks and contracts -€4,208
down €4,208 (-5.6%), from €74,500 to €70,292
- Trade debts +€94,691
up €94,691 (+227.1%), from €41,705 to €136,396
- Tax, wage and social debts +€24,008
up €24,008 (+96.0%), from €25,014 to €49,022
of which Taxes: +€17,497
- Other debts -€21,349
down €21,349 (-54.7%), from €39,014 to €17,666
- Profit (loss) carried forward +€18,681
up €18,681 (+16.6%), from €112,454 to €131,134
- Debts after one year +€5,384
up €5,384 (+26.3%), from €20,457 to €25,841
- Staff costs -€34,255
down €34,255 (-27.0%), from €126,899 to €92,644
- Taxes +€6,344
up €6,344, from -€835 to €5,508
- Gross operating margin -€2,800
down €2,800 (-2.1%), from €133,170 to €130,370
- Financial charges -€1,765
down €1,765 (-28.4%), from €6,210 to €4,445
- Other operating charges +€1,611
up €1,611, from €0 to €1,611
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 | €264,491 | €393,428 | +€128,937 | +48.7% |
| Fixed assets | 21/28 | €49,106 | €41,550 | -€7,556 | -15.4% |
| Tangible fixed assets | 22/27 | €44,606 | €37,050 | -€7,556 | -16.9% |
| Plant, machinery and equipment | 23 | €3,065 | €2,545 | -€520 | -17.0% |
| Furniture and vehicles | 24 | €35,719 | €28,683 | -€7,036 | -19.7% |
| Assets under construction and advance payments | 27 | €5,823 | €5,823 | = | 0.0% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €215,385 | €351,878 | +€136,493 | +63.4% |
| Stocks and contracts in progress | 3 | €74,500 | €70,292 | -€4,208 | -5.6% |
| Stocks | 30/36 | €74,500 | €70,292 | -€4,208 | -5.6% |
| Amounts receivable within one year | 40/41 | €110,666 | €254,736 | +€144,070 | +130.2% |
| Trade receivables | 40 | €100,550 | €234,620 | +€134,070 | +133.3% |
| Other amounts receivable | 41 | €10,116 | €20,116 | +€10,000 | +98.9% |
| Cash at bank and in hand | 54/58 | €29,642 | €26,850 | -€2,792 | -9.4% |
| Deferred charges and accrued income | 490/1 | €577 | €0 | -€577 | -100.0% |
| Total equity and liabilities | 10/49 | €264,491 | €393,428 | +€128,937 | +48.7% |
| Equity | 10/15 | €129,654 | €148,334 | +€18,681 | +14.4% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,454 | €131,134 | +€18,681 | +16.6% |
| Amounts payable | 17/49 | €134,837 | €245,094 | +€110,256 | +81.8% |
| Amounts payable after more than one year | 17 | €20,457 | €25,841 | +€5,384 | +26.3% |
| Financial debts | 170/4 | €20,457 | €25,841 | +€5,384 | +26.3% |
| Amounts payable within one year | 42/48 | €114,380 | €215,920 | +€101,540 | +88.8% |
| Current portion of amounts payable after more than one year | 42 | €8,647 | €12,837 | +€4,190 | +48.5% |
| Trade debts | 44 | €41,705 | €136,396 | +€94,691 | +227.1% |
| Suppliers | 440/4 | €41,705 | €136,396 | +€94,691 | +227.1% |
| Taxes, remuneration and social security | 45 | €25,014 | €49,022 | +€24,008 | +96.0% |
| Taxes | 450/3 | €10,810 | €28,307 | +€17,497 | +161.9% |
| Remuneration and social security | 454/9 | €14,205 | €20,715 | +€6,511 | +45.8% |
| Other amounts payable | 47/48 | €39,014 | €17,666 | -€21,349 | -54.7% |
| Accrued charges and deferred income | 492/3 | - | €3,332 | +€3,332 | |
| Remuneration, social security and pensions | 62 | €126,899 | €92,644 | -€34,255 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,556 | €7,556 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €1,611 | +€1,611 | |
| Gross operating margin | 9900 | €133,170 | €130,370 | -€2,800 | -2.1% |
| Operating profit (loss) | 9901 | -€1,286 | €28,558 | +€29,843 | |
| Financial income | 75/76B | €27 | €76 | +€49 | +182.8% |
| Recurring financial income | 75 | €27 | €76 | +€49 | +182.8% |
| Financial charges | 65/66B | €6,210 | €4,445 | -€1,765 | -28.4% |
| Recurring financial charges | 65 | €6,210 | €4,445 | -€1,765 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,469 | €24,189 | +€31,658 | |
| Income taxes | 67/77 | -€835 | €5,508 | +€6,344 | |
| Profit (loss) for the period | 9904 | -€6,633 | €18,681 | +€25,314 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,633 | €18,681 | +€25,314 |
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 12 October 2026 via checked.be.