KLAUWAERTS: 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.
KLAUWAERTS
Largest movements
- Receivables within one year +€80,784
up €80,784 (+21.2%), from €381,889 to €462,672
- Reserves +€71,479
up €71,479 (+20.0%), from €356,629 to €428,107
- Tax, wage and social debts +€13,212
up €13,212 (+1,405%), from €941 to €14,152
- Taxes +€14,152
new in 2025: €14,152
- Financial income +€1,881
up €1,881 (+9.1%), from €20,693 to €22,574
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.
Derived cash bridge
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 | €382,870 | €463,170 | +€80,299 | +21.0% |
| Current assets | 29/58 | €382,870 | €463,170 | +€80,299 | +21.0% |
| Amounts receivable within one year | 40/41 | €381,889 | €462,672 | +€80,784 | +21.2% |
| Other amounts receivable | 41 | €381,889 | €462,672 | +€80,784 | +21.2% |
| Cash at bank and in hand | 54/58 | €982 | €497 | -€484 | -49.3% |
| Total equity and liabilities | 10/49 | €382,870 | €463,170 | +€80,299 | +21.0% |
| Equity | 10/15 | €375,629 | €447,107 | +€71,479 | +19.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €356,629 | €428,107 | +€71,479 | +20.0% |
| Distributable reserves | 133 | €356,629 | €428,107 | +€71,479 | +20.0% |
| Amounts payable | 17/49 | €7,242 | €16,063 | +€8,821 | +122% |
| Amounts payable within one year | 42/48 | €7,178 | €15,997 | +€8,819 | +123% |
| Trade debts | 44 | €6,238 | €1,845 | -€4,393 | -70.4% |
| Suppliers | 440/4 | €6,238 | €1,845 | -€4,393 | -70.4% |
| Taxes, remuneration and social security | 45 | €941 | €14,152 | +€13,212 | +1,405% |
| Taxes | 450/3 | €941 | €14,152 | +€13,212 | +1,405% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Other operating charges | 640/8 | €701 | €424 | -€277 | -39.5% |
| Gross operating margin | 9900 | €63,436 | €63,527 | +€91 | +0.1% |
| Operating profit (loss) | 9901 | €62,734 | €63,103 | +€369 | +0.6% |
| Financial income | 75/76B | €20,693 | €22,574 | +€1,881 | +9.1% |
| Recurring financial income | 75 | €20,693 | €22,574 | +€1,881 | +9.1% |
| Financial charges | 65/66B | €32 | €47 | +€15 | +47.8% |
| Recurring financial charges | 65 | €32 | €47 | +€15 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €83,396 | €85,631 | +€2,235 | +2.7% |
| Income taxes | 67/77 | - | €14,152 | +€14,152 | |
| Profit (loss) for the period | 9904 | €83,396 | €71,479 | -€11,918 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,396 | €71,479 | -€11,918 | -14.3% |
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 18 October 2026 via checked.be.