KLASH: 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.
KLASH
Largest movements
- Receivables within one year -€38,532
down €38,532 (-75.7%), from €50,868 to €12,336
- Cash +€17,481
up €17,481 (+2052.9%), from €852 to €18,333
mainly Receivables within one year (+€38,532) and Depreciation (+€2,915)
- Deferred charges and accrued income +€2,812
up €2,812 (+506.8%), from €555 to €3,367
- Tangible fixed assets -€1,924
down €1,924 (-21.8%), from €8,820 to €6,897
of which Plant, machinery and equipment: -€1,232
- Profit (loss) carried forward -€12,498
down €12,498 (-52.6%), from €23,753 to €11,256
- Tax, wage and social debts -€4,548
down €4,548 (-31.3%), from €14,542 to €9,994
of which Taxes: -€4,554
- Other debts -€1,707
down €1,707 (-14.3%), from €11,933 to €10,225
- Trade debts -€1,409
down €1,409 (-24.4%), from €5,772 to €4,363
- Gross operating margin -€25,016
down €25,016, from €16,330 to -€8,686
- Taxes -€2,360
down €2,360 (-88.3%), from €2,674 to €314
- Depreciation +€657
up €657 (+29.1%), from €2,258 to €2,915
- Other operating charges -€191
down €191 (-43.5%), from €440 to €249
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 | €61,094 | €40,932 | -€20,162 | -33.0% |
| Fixed assets | 21/28 | €8,820 | €6,897 | -€1,924 | -21.8% |
| Tangible fixed assets | 22/27 | €8,820 | €6,897 | -€1,924 | -21.8% |
| Land and buildings | 22 | €3,402 | €2,827 | -€575 | -16.9% |
| Plant, machinery and equipment | 23 | €4,914 | €3,681 | -€1,232 | -25.1% |
| Furniture and vehicles | 24 | €505 | €388 | -€116 | -23.1% |
| Current assets | 29/58 | €52,274 | €34,036 | -€18,238 | -34.9% |
| Amounts receivable within one year | 40/41 | €50,868 | €12,336 | -€38,532 | -75.7% |
| Trade receivables | 40 | €50,868 | €12,336 | -€38,532 | -75.7% |
| Cash at bank and in hand | 54/58 | €852 | €18,333 | +€17,481 | +2052.9% |
| Deferred charges and accrued income | 490/1 | €555 | €3,367 | +€2,812 | +506.8% |
| Total equity and liabilities | 10/49 | €61,094 | €40,932 | -€20,162 | -33.0% |
| Equity | 10/15 | €28,753 | €16,256 | -€12,498 | -43.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,753 | €11,256 | -€12,498 | -52.6% |
| Amounts payable | 17/49 | €32,341 | €24,677 | -€7,665 | -23.7% |
| Amounts payable within one year | 42/48 | €32,341 | €24,677 | -€7,665 | -23.7% |
| Trade debts | 44 | €5,772 | €4,363 | -€1,409 | -24.4% |
| Suppliers | 440/4 | €5,772 | €4,363 | -€1,409 | -24.4% |
| Advances received on contracts in progress | 46 | €95 | €95 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,542 | €9,994 | -€4,548 | -31.3% |
| Taxes | 450/3 | €11,863 | €7,309 | -€4,554 | -38.4% |
| Remuneration and social security | 454/9 | €2,679 | €2,685 | +€6 | +0.2% |
| Other amounts payable | 47/48 | €11,933 | €10,225 | -€1,707 | -14.3% |
| Non-recurring operating income | 76A | €3,195 | - | -€3,195 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,258 | €2,915 | +€657 | +29.1% |
| Other operating charges | 640/8 | €440 | €249 | -€191 | -43.5% |
| Gross operating margin | 9900 | €16,330 | -€8,686 | -€25,016 | |
| Operating profit (loss) | 9901 | €13,632 | -€11,849 | -€25,482 | |
| Financial income | 75/76B | €36 | €0 | -€36 | -99.7% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -99.7% |
| Financial charges | 65/66B | €317 | €335 | +€18 | +5.6% |
| Recurring financial charges | 65 | €317 | €335 | +€18 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €13,352 | -€12,184 | -€25,536 | |
| Income taxes | 67/77 | €2,674 | €314 | -€2,360 | -88.3% |
| Profit (loss) for the period | 9904 | €10,678 | -€12,498 | -€23,175 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,678 | -€12,498 | -€23,175 |
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 8 October 2026 via checked.be.