KLEDING NOA: 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.
KLEDING NOA
Largest movements
- Receivables within one year -€19,726
down €19,726 (-53.2%), from €37,058 to €17,332
of which Trade receivables: -€19,443
- Cash +€7,919
up €7,919 (+16.5%), from €47,887 to €55,805
mainly Depreciation (+€20,967) and Receivables within one year (+€19,726)
- Stocks and contracts +€6,207
up €6,207 (+8.3%), from €74,519 to €80,726
- Tangible fixed assets -€4,420
down €4,420 (-4.7%), from €93,646 to €89,226
of which Furniture and vehicles: -€2,613
- Trade debts -€18,532
down €18,532 (-60.5%), from €30,657 to €12,124
- Reserves +€14,670
up €14,670 (+18.1%), from €80,832 to €95,502
of which Distributable reserves: +€14,670
- Debts after one year -€10,272
down €10,272 (-18.7%), from €54,920 to €44,648
- Current portion of long-term debt +€3,249
up €3,249 (+18.7%), from €17,389 to €20,638
- Staff costs +€11,828
up €11,828 (+45.5%), from €25,993 to €37,821
- Gross operating margin +€2,218
up €2,218 (+2.8%), from €80,043 to €82,261
- Taxes -€2,027
down €2,027 (-18.4%), from €11,013 to €8,986
- Depreciation +€1,517
up €1,517 (+7.8%), from €19,449 to €20,967
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 | €253,468 | €245,117 | -€8,351 | -3.3% |
| Fixed assets | 21/28 | €93,741 | €89,321 | -€4,420 | -4.7% |
| Tangible fixed assets | 22/27 | €93,646 | €89,226 | -€4,420 | -4.7% |
| Land and buildings | 22 | €15,812 | €15,574 | -€238 | -1.5% |
| Plant, machinery and equipment | 23 | €2,818 | €2,704 | -€114 | -4.0% |
| Furniture and vehicles | 24 | €66,168 | €63,555 | -€2,613 | -3.9% |
| Other tangible fixed assets | 26 | €8,848 | €7,392 | -€1,456 | -16.5% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €159,727 | €155,796 | -€3,931 | -2.5% |
| Stocks and contracts in progress | 3 | €74,519 | €80,726 | +€6,207 | +8.3% |
| Stocks | 30/36 | €74,519 | €80,726 | +€6,207 | +8.3% |
| Amounts receivable within one year | 40/41 | €37,058 | €17,332 | -€19,726 | -53.2% |
| Trade receivables | 40 | €25,604 | €6,162 | -€19,443 | -75.9% |
| Other amounts receivable | 41 | €11,454 | €11,170 | -€284 | -2.5% |
| Cash at bank and in hand | 54/58 | €47,887 | €55,805 | +€7,919 | +16.5% |
| Deferred charges and accrued income | 490/1 | €264 | €1,933 | +€1,669 | +631.5% |
| Total equity and liabilities | 10/49 | €253,468 | €245,117 | -€8,351 | -3.3% |
| Equity | 10/15 | €124,832 | €139,503 | +€14,670 | +11.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €80,832 | €95,502 | +€14,670 | +18.1% |
| Tax-exempt reserves | 132 | €112 | €112 | = | 0.0% |
| Distributable reserves | 133 | €80,720 | €95,390 | +€14,670 | +18.2% |
| Profit (loss) carried forward | 14 | €31,601 | €31,601 | +€0 | 0.0% |
| Amounts payable | 17/49 | €128,636 | €105,614 | -€23,022 | -17.9% |
| Amounts payable after more than one year | 17 | €54,920 | €44,648 | -€10,272 | -18.7% |
| Financial debts | 170/4 | €54,920 | €44,648 | -€10,272 | -18.7% |
| Amounts payable within one year | 42/48 | €73,716 | €60,966 | -€12,750 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €17,389 | €20,638 | +€3,249 | +18.7% |
| Trade debts | 44 | €30,657 | €12,124 | -€18,532 | -60.5% |
| Suppliers | 440/4 | €30,657 | €12,124 | -€18,532 | -60.5% |
| Taxes, remuneration and social security | 45 | €25,671 | €28,205 | +€2,534 | +9.9% |
| Taxes | 450/3 | €22,394 | €24,820 | +€2,426 | +10.8% |
| Remuneration and social security | 454/9 | €3,277 | €3,384 | +€108 | +3.3% |
| Remuneration, social security and pensions | 62 | €25,993 | €37,821 | +€11,828 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,449 | €20,967 | +€1,517 | +7.8% |
| Other operating charges | 640/8 | €951 | €1,361 | +€410 | +43.1% |
| Gross operating margin | 9900 | €80,043 | €82,261 | +€2,218 | +2.8% |
| Operating profit (loss) | 9901 | €33,649 | €22,112 | -€11,538 | -34.3% |
| Financial income | 75/76B | €4,794 | €5,281 | +€487 | +10.2% |
| Recurring financial income | 75 | €4,794 | €5,281 | +€487 | +10.2% |
| Financial charges | 65/66B | €4,227 | €3,736 | -€490 | -11.6% |
| Recurring financial charges | 65 | €4,227 | €3,736 | -€490 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €34,216 | €23,656 | -€10,560 | -30.9% |
| Income taxes | 67/77 | €11,013 | €8,986 | -€2,027 | -18.4% |
| Profit (loss) for the period | 9904 | €23,204 | €14,670 | -€8,533 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,204 | €14,670 | -€8,533 | -36.8% |
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 10 October 2026 via checked.be.