Klareco: 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.
Klareco
Largest movements
- Receivables within one year +€114,687
up €114,687 (+169.6%), from €67,609 to €182,296
- Cash +€69,386
up €69,386 (+382.7%), from €18,130 to €87,516
mainly Tax, wage and social debts (+€57,912) and Accrued charges and deferred income (+€53,066)
- Deferred charges and accrued income +€3,263
up €3,263 (+77.9%), from €4,187 to €7,450
- Tax, wage and social debts +€57,912
up €57,912 (+125.9%), from €46,005 to €103,917
of which Taxes: +€48,161
- Accrued charges and deferred income +€53,066
up €53,066 (+5682.8%), from €934 to €54,000
- Provisions +€44,486
new in 2025: €44,486
- Profit (loss) carried forward +€34,431
new in 2025: €34,431
- Other debts -€15,342
down €15,342 (-94.8%), from €16,177 to €834
- Gross operating margin +€168,647
up €168,647 (+465.1%), from €36,261 to €204,908
- Staff costs +€79,000
up €79,000 (+548.3%), from €14,407 to €93,408
- Provisions +€44,486
new in 2025: €44,486
- Taxes +€17,266
up €17,266 (+550.0%), from €3,139 to €20,405
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 | €100,182 | €287,301 | +€187,120 | +186.8% |
| Fixed assets | 21/28 | €10,256 | €10,039 | -€217 | -2.1% |
| Tangible fixed assets | 22/27 | €5,856 | €5,639 | -€217 | -3.7% |
| Plant, machinery and equipment | 23 | €4,878 | €2,092 | -€2,786 | -57.1% |
| Furniture and vehicles | 24 | €978 | €3,547 | +€2,569 | +262.7% |
| Financial fixed assets | 28 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €89,926 | €277,262 | +€187,337 | +208.3% |
| Amounts receivable within one year | 40/41 | €67,609 | €182,296 | +€114,687 | +169.6% |
| Trade receivables | 40 | €67,609 | €182,296 | +€114,687 | +169.6% |
| Cash at bank and in hand | 54/58 | €18,130 | €87,516 | +€69,386 | +382.7% |
| Deferred charges and accrued income | 490/1 | €4,187 | €7,450 | +€3,263 | +77.9% |
| Total equity and liabilities | 10/49 | €100,182 | €287,301 | +€187,120 | +186.8% |
| Equity | 10/15 | €28,843 | €63,274 | +€34,431 | +119.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,843 | €23,843 | = | 0.0% |
| Distributable reserves | 133 | €23,843 | €23,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €34,431 | +€34,431 | |
| Provisions and deferred taxes | 16 | - | €44,486 | +€44,486 | |
| Provisions for liabilities and charges | 160/5 | - | €44,486 | +€44,486 | |
| Other liabilities and charges | 164/5 | - | €44,486 | +€44,486 | |
| Amounts payable | 17/49 | €71,338 | €179,541 | +€108,202 | +151.7% |
| Amounts payable within one year | 42/48 | €70,405 | €125,541 | +€55,136 | +78.3% |
| Trade debts | 44 | €8,223 | €20,789 | +€12,566 | +152.8% |
| Suppliers | 440/4 | €8,223 | €20,789 | +€12,566 | +152.8% |
| Taxes, remuneration and social security | 45 | €46,005 | €103,917 | +€57,912 | +125.9% |
| Taxes | 450/3 | €15,456 | €63,617 | +€48,161 | +311.6% |
| Remuneration and social security | 454/9 | €30,549 | €40,300 | +€9,751 | +31.9% |
| Other amounts payable | 47/48 | €16,177 | €834 | -€15,342 | -94.8% |
| Accrued charges and deferred income | 492/3 | €934 | €54,000 | +€53,066 | +5682.8% |
| Remuneration, social security and pensions | 62 | €14,407 | €93,408 | +€79,000 | +548.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,910 | €3,482 | +€572 | +19.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €44,486 | +€44,486 | |
| Other operating charges | 640/8 | €552 | €40 | -€512 | -92.8% |
| Non-recurring operating charges | 66A | - | €5,236 | +€5,236 | |
| Gross operating margin | 9900 | €36,261 | €204,908 | +€168,647 | +465.1% |
| Operating profit (loss) | 9901 | €18,391 | €58,257 | +€39,865 | +216.8% |
| Financial income | 75/76B | €25 | €27 | +€2 | +7.0% |
| Recurring financial income | 75 | €25 | €27 | +€2 | +7.0% |
| Financial charges | 65/66B | €2,937 | €3,448 | +€510 | +17.4% |
| Recurring financial charges | 65 | €2,937 | €3,448 | +€510 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €15,479 | €54,836 | +€39,357 | +254.3% |
| Income taxes | 67/77 | €3,139 | €20,405 | +€17,266 | +550.0% |
| Profit (loss) for the period | 9904 | €12,340 | €34,431 | +€22,091 | +179.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,340 | €34,431 | +€22,091 | +179.0% |
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 7 October 2026 via checked.be.