KLARYS: 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.
KLARYS
Largest movements
- Stocks and contracts -€1.3m
down €1.3m (-29.6%), from €4.3m to €3.0m
- Short-term financial debts -€643,417
down €643,417 (-79.3%), from €811,030 to €167,613
- Debts after one year -€618,700
down €618,700 (-11.6%), from €5.3m to €4.7m
of which Financial debts: -€609,199
- Trade debts +€115,702
up €115,702 (+25.0%), from €462,906 to €578,608
- Profit (loss) carried forward -€97,861
down €97,861 (-1.8%), from -€5.4m to -€5.5m
- Write-downs -€224,317
no longer reported in 2024 (was €224,317)
- Financial charges -€67,253
down €67,253 (-47.5%), from €141,453 to €74,200
of which Non-recurring financial charges: -€100,000
- Gross operating margin -€6,943
down €6,943 (-48.0%), from -€14,457 to -€21,400
- Financial income -€2,863
down €2,863 (-72.2%), from €3,966 to €1,103
of which Financial income: -€2,701
- Other operating charges +€2,054
up €2,054 (+156.7%), from €1,310 to €3,364
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,340,694 | €3,093,712 | -€1.2m | -28.7% |
| Current assets | 29/58 | €4,340,694 | €3,093,712 | -€1.2m | -28.7% |
| Stocks and contracts in progress | 3 | €4,250,000 | €2,991,029 | -€1.3m | -29.6% |
| Stocks | 30/36 | €4,250,000 | €2,991,029 | -€1.3m | -29.6% |
| Amounts receivable within one year | 40/41 | €90,694 | €101,373 | +€10,679 | +11.8% |
| Trade receivables | 40 | €86,851 | €87,456 | +€605 | +0.7% |
| Other amounts receivable | 41 | €3,843 | €13,917 | +€10,074 | +262.2% |
| Cash at bank and in hand | 54/58 | €0 | €1,310 | +€1,310 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,340,694 | €3,093,712 | -€1.2m | -28.7% |
| Equity | 10/15 | -€2,675,320 | -€2,773,181 | -€97,861 | -3.7% |
| Contributions | 10/11 | €2,740,000 | €2,740,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,425,320 | -€5,523,181 | -€97,861 | -1.8% |
| Amounts payable | 17/49 | €7,016,014 | €5,866,893 | -€1.1m | -16.4% |
| Amounts payable after more than one year | 17 | €5,328,666 | €4,709,966 | -€618,700 | -11.6% |
| Financial debts | 170/4 | €609,199 | - | -€609,199 | |
| Other amounts payable | 178/9 | €4,719,466 | €4,709,966 | -€9,500 | -0.2% |
| Amounts payable within one year | 42/48 | €1,687,348 | €1,156,927 | -€530,421 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €404,547 | €409,199 | +€4,652 | +1.1% |
| Financial debts | 43 | €811,030 | €167,613 | -€643,417 | -79.3% |
| Credit institutions | 430/8 | €811,030 | €167,613 | -€643,417 | -79.3% |
| Trade debts | 44 | €462,906 | €578,608 | +€115,702 | +25.0% |
| Suppliers | 440/4 | €462,906 | €578,608 | +€115,702 | +25.0% |
| Taxes, remuneration and social security | 45 | €1,357 | €1,357 | -€0 | 0.0% |
| Taxes | 450/3 | €1,357 | €1,357 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €7,508 | €150 | -€7,358 | -98.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €224,317 | - | -€224,317 | |
| Other operating charges | 640/8 | €1,310 | €3,364 | +€2,054 | +156.7% |
| Gross operating margin | 9900 | -€14,457 | -€21,400 | -€6,943 | -48.0% |
| Operating profit (loss) | 9901 | -€240,084 | -€24,764 | +€215,320 | +89.7% |
| Financial income | 75/76B | €3,966 | €1,103 | -€2,863 | -72.2% |
| Recurring financial income | 75 | €3,804 | €1,103 | -€2,701 | -71.0% |
| Non-recurring financial income | 76B | €162 | - | -€162 | |
| Financial charges | 65/66B | €141,453 | €74,200 | -€67,253 | -47.5% |
| Recurring financial charges | 65 | €41,453 | €74,200 | +€32,747 | +79.0% |
| Non-recurring financial charges | 66B | €100,000 | - | -€100,000 | |
| Profit (loss) for the period before taxes | 9903 | -€377,571 | -€97,861 | +€279,710 | +74.1% |
| Income taxes | 67/77 | €12 | - | -€12 | |
| Profit (loss) for the period | 9904 | -€377,583 | -€97,861 | +€279,722 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€377,583 | -€97,861 | +€279,722 | +74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.