KLC PROJECTS: 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.
KLC PROJECTS
Largest movements
- Receivables within one year +€17,109
up €17,109 (+34.6%), from €49,460 to €66,569
of which Trade receivables: +€46,509
- Reserves +€63,478
up €63,478 (+11.0%), from €578,048 to €641,525
of which Distributable reserves: +€63,478
- Debts after one year -€37,499
down €37,499 (-100%), from €37,499 to €0
- Current portion of long-term debt -€26,786
down €26,786 (-41.7%), from €64,286 to €37,499
- Other debts +€16,114
up €16,114 (+7.2%), from €222,893 to €239,007
- Gross operating margin +€6,206
up €6,206 (+26.6%), from €23,299 to €29,506
- Taxes +€3,856
up €3,856 (+166%), from €2,329 to €6,185
- Financial income +€966
up €966 (+1.5%), from €65,000 to €65,966
- Financial charges -€436
down €436 (-5.3%), from €8,288 to €7,852
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 | €950,555 | €968,199 | +€17,644 | +1.9% |
| Fixed assets | 21/28 | €900,000 | €900,000 | = | 0.0% |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €50,555 | €68,199 | +€17,644 | +34.9% |
| Amounts receivable within one year | 40/41 | €49,460 | €66,569 | +€17,109 | +34.6% |
| Trade receivables | 40 | €20,060 | €66,569 | +€46,509 | +232% |
| Other amounts receivable | 41 | €29,400 | €0 | -€29,400 | -100% |
| Cash at bank and in hand | 54/58 | €1,095 | €671 | -€424 | -38.7% |
| Deferred charges and accrued income | 490/1 | - | €958 | +€958 | |
| Total equity and liabilities | 10/49 | €950,555 | €968,199 | +€17,644 | +1.9% |
| Equity | 10/15 | €596,648 | €660,125 | +€63,478 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €578,048 | €641,525 | +€63,478 | +11.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €576,188 | €639,665 | +€63,478 | +11.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €353,907 | €308,074 | -€45,834 | -13.0% |
| Amounts payable after more than one year | 17 | €37,499 | €0 | -€37,499 | -100% |
| Financial debts | 170/4 | €37,499 | €0 | -€37,499 | -100% |
| Amounts payable within one year | 42/48 | €309,908 | €301,439 | -€8,469 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €64,286 | €37,499 | -€26,786 | -41.7% |
| Trade debts | 44 | €5,473 | €2,249 | -€3,224 | -58.9% |
| Suppliers | 440/4 | €5,473 | €2,249 | -€3,224 | -58.9% |
| Taxes, remuneration and social security | 45 | €17,256 | €22,683 | +€5,427 | +31.5% |
| Taxes | 450/3 | €17,256 | €22,683 | +€5,427 | +31.5% |
| Other amounts payable | 47/48 | €222,893 | €239,007 | +€16,114 | +7.2% |
| Accrued charges and deferred income | 492/3 | €6,500 | €6,635 | +€135 | +2.1% |
| Other operating charges | 640/8 | €1,860 | €1,972 | +€112 | +6.0% |
| Non-recurring operating charges | 66A | €642 | €985 | +€343 | +53.4% |
| Gross operating margin | 9900 | €23,299 | €29,506 | +€6,206 | +26.6% |
| Operating profit (loss) | 9901 | €20,797 | €26,549 | +€5,752 | +27.7% |
| Financial income | 75/76B | €65,000 | €65,966 | +€966 | +1.5% |
| Recurring financial income | 75 | €65,000 | €65,966 | +€966 | +1.5% |
| Financial charges | 65/66B | €8,288 | €7,852 | -€436 | -5.3% |
| Recurring financial charges | 65 | €8,288 | €7,852 | -€436 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €77,508 | €84,663 | +€7,154 | +9.2% |
| Income taxes | 67/77 | €2,329 | €6,185 | +€3,856 | +166% |
| Profit (loss) for the period | 9904 | €75,179 | €78,478 | +€3,298 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,179 | €78,478 | +€3,298 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.