KLAP: 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.
KLAP
Largest movements
- Cash +€44,684
up €44,684 (+28.6%), from €156,488 to €201,172
mainly Net result for the year (+€45,843) and Depreciation (+€8,869)
- Tangible fixed assets -€5,869
down €5,869 (-30.9%), from €18,979 to €13,110
of which Plant, machinery and equipment: -€3,850
- Reserves +€45,843
up €45,843 (+5048.5%), from €908 to €46,751
- Current portion of long-term debt -€5,106
down €5,106 (-74.7%), from €6,840 to €1,734
- Gross operating margin +€68,927
up €68,927 (+33.1%), from €208,451 to €277,379
- Staff costs +€18,301
up €18,301 (+10.3%), from €177,853 to €196,153
- Taxes +€14,800
up €14,800 (+473.9%), from €3,123 to €17,923
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 | €187,715 | €228,130 | +€40,415 | +21.5% |
| Fixed assets | 21/28 | €19,798 | €13,929 | -€5,869 | -29.6% |
| Tangible fixed assets | 22/27 | €18,979 | €13,110 | -€5,869 | -30.9% |
| Land and buildings | 22 | €4,571 | €3,842 | -€729 | -16.0% |
| Plant, machinery and equipment | 23 | €12,897 | €9,047 | -€3,850 | -29.9% |
| Furniture and vehicles | 24 | €1,511 | €222 | -€1,289 | -85.3% |
| Financial fixed assets | 28 | €819 | €819 | = | 0.0% |
| Current assets | 29/58 | €167,917 | €214,201 | +€46,284 | +27.6% |
| Stocks and contracts in progress | 3 | €6,551 | €7,609 | +€1,058 | +16.2% |
| Stocks | 30/36 | €6,551 | €7,609 | +€1,058 | +16.2% |
| Amounts receivable within one year | 40/41 | €3,822 | €3,035 | -€787 | -20.6% |
| Trade receivables | 40 | €3,822 | €3,035 | -€787 | -20.6% |
| Cash at bank and in hand | 54/58 | €156,488 | €201,172 | +€44,684 | +28.6% |
| Deferred charges and accrued income | 490/1 | €1,056 | €2,385 | +€1,329 | +125.8% |
| Total equity and liabilities | 10/49 | €187,715 | €228,130 | +€40,415 | +21.5% |
| Equity | 10/15 | €128,972 | €174,815 | +€45,843 | +35.5% |
| Contributions | 10/11 | €37,600 | €37,600 | = | 0.0% |
| Reserves | 13 | €908 | €46,751 | +€45,843 | +5048.5% |
| Distributable reserves | 133 | €908 | €46,751 | +€45,843 | +5048.5% |
| Profit (loss) carried forward | 14 | €90,464 | €90,464 | = | 0.0% |
| Amounts payable | 17/49 | €58,743 | €53,315 | -€5,428 | -9.2% |
| Amounts payable after more than one year | 17 | €1,734 | €0 | -€1,734 | -100.0% |
| Financial debts | 170/4 | €1,734 | €0 | -€1,734 | -100.0% |
| Amounts payable within one year | 42/48 | €57,009 | €53,315 | -€3,695 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €6,840 | €1,734 | -€5,106 | -74.7% |
| Trade debts | 44 | €21,887 | €23,250 | +€1,363 | +6.2% |
| Suppliers | 440/4 | €21,887 | €23,250 | +€1,363 | +6.2% |
| Taxes, remuneration and social security | 45 | €28,282 | €28,331 | +€49 | +0.2% |
| Taxes | 450/3 | €13,564 | €15,165 | +€1,602 | +11.8% |
| Remuneration and social security | 454/9 | €14,719 | €13,166 | -€1,553 | -10.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €177,853 | €196,153 | +€18,301 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,644 | €8,869 | -€775 | -8.0% |
| Other operating charges | 640/8 | €5,314 | €5,119 | -€195 | -3.7% |
| Gross operating margin | 9900 | €208,451 | €277,379 | +€68,927 | +33.1% |
| Operating profit (loss) | 9901 | €15,641 | €67,237 | +€51,597 | +329.9% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.3% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.3% |
| Financial charges | 65/66B | €2,077 | €3,471 | +€1,394 | +67.1% |
| Recurring financial charges | 65 | €2,077 | €3,471 | +€1,394 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €13,578 | €63,766 | +€50,188 | +369.6% |
| Income taxes | 67/77 | €3,123 | €17,923 | +€14,800 | +473.9% |
| Profit (loss) for the period | 9904 | €10,455 | €45,843 | +€35,388 | +338.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,455 | €45,843 | +€35,388 | +338.5% |
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 2 October 2026 via checked.be.