KLEDING OCTAAF: 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.
What changed
KLEDING OCTAAF
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€200,587
2024 · €11,902-€212,489
Equity
€545,568
2024 · €746,155-€200,587
Cash
€245,661
2024 · €26,660+€219,002
Balance sheet total
€1.6m
2024 · €1.9m-€333,681
Largest movements
Assets
- Stocks and contracts -€496,007
down €496,007 (-48.8%), from €1.0m to €519,679
- Cash +€219,002
up €219,002 (+821%), from €26,660 to €245,661
mainly Stocks and contracts (+€496,007) and Deferred charges and accrued income (+€22,961)
- Deferred charges and accrued income -€22,961
down €22,961 (-83.2%), from €27,601 to €4,640
Equity and liabilities
- Profit (loss) carried forward -€200,587
down €200,587 (-83.5%), from -€240,102 to -€440,689
- Short-term financial debts -€52,189
down €52,189 (-5.1%), from €1.0m to €977,047
- Trade debts -€29,203
down €29,203 (-84.1%), from €34,742 to €5,538
- Current portion of long-term debt -€22,339
down €22,339 (-60.2%), from €37,090 to €14,751
Income statement
- Gross operating margin -€272,016
down €272,016 (-96.0%), from €283,456 to €11,440
- Write-downs -€30,708
down €30,708, from €1,697 to -€29,011
- Staff costs -€28,775
down €28,775 (-15.1%), from €190,654 to €161,879
- Other operating charges +€8,555
up €8,555 (+48.8%), from €17,542 to €26,098
- Financial charges -€4,561
down €4,561 (-10.6%), from €43,032 to €38,471
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.
Result 2024
€11,902
Gross operating margin
-€272,016
Staff costs
+€28,775
Depreciation
+€256
Write-downs
+€30,708
Other operating charges
-€8,555
Financial income
+€3,795
Financial charges
+€4,561
Taxes
-€13
Result 2025
-€200,587
raises the resultlowers the result
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.
From operations
+€298,251
Investment
+€12,980
Financing
-€92,229
Cash 2024
€26,660
From operations (derived)
+€298,251
Net result for the year
-€200,587
Depreciation
+€9,228
Stocks and contracts
+€496,007
Receivables within one year
+€11,506
Deferred charges and accrued income
+€22,961
Trade debts
-€29,203
Tax, wage and social debts
-€9,165
Other debts
+€304
Accrued charges and deferred income
-€2,800
Investment (derived)
+€12,980
Investment in fixed assets (net)
+€12,980
Financing
-€92,229
Debts after one year
-€17,701
Current portion of long-term debt
-€22,339
Short-term financial debts
-€52,189
Cash 2025
€245,661
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,907,503 | €1,573,823 | -€333,681 | -17.5% |
| Formation expenses | 20 | €15,718 | €2,738 | -€12,980 | -82.6% |
| Fixed assets | 21/28 | €808,482 | €799,254 | -€9,228 | -1.1% |
| Tangible fixed assets | 22/27 | €807,798 | €798,570 | -€9,228 | -1.1% |
| Land and buildings | 22 | €754,113 | €753,666 | -€447 | -0.1% |
| Plant, machinery and equipment | 23 | €3,216 | €2,636 | -€580 | -18.0% |
| Furniture and vehicles | 24 | €847 | €415 | -€432 | -51.0% |
| Other tangible fixed assets | 26 | €49,622 | €41,853 | -€7,769 | -15.7% |
| Financial fixed assets | 28 | €684 | €684 | = | 0.0% |
| Current assets | 29/58 | €1,083,303 | €771,831 | -€311,472 | -28.8% |
| Stocks and contracts in progress | 3 | €1,015,686 | €519,679 | -€496,007 | -48.8% |
| Stocks | 30/36 | €1,015,686 | €519,679 | -€496,007 | -48.8% |
| Amounts receivable within one year | 40/41 | €13,356 | €1,850 | -€11,506 | -86.1% |
| Trade receivables | 40 | €13,356 | €1,850 | -€11,506 | -86.1% |
| Cash at bank and in hand | 54/58 | €26,660 | €245,661 | +€219,002 | +821% |
| Deferred charges and accrued income | 490/1 | €27,601 | €4,640 | -€22,961 | -83.2% |
| Total equity and liabilities | 10/49 | €1,907,503 | €1,573,823 | -€333,681 | -17.5% |
| Equity | 10/15 | €746,155 | €545,568 | -€200,587 | -26.9% |
| Contributions | 10/11 | €654,933 | €654,933 | = | 0.0% |
| Capital | 10 | €654,933 | €654,933 | = | 0.0% |
| Issued capital | 100 | €654,933 | €654,933 | = | 0.0% |
| Reserves | 13 | €331,323 | €331,323 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,493 | €15,493 | = | 0.0% |
| Legal reserve | 130 | €15,493 | €15,493 | = | 0.0% |
| Distributable reserves | 133 | €315,830 | €315,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,102 | -€440,689 | -€200,587 | -83.5% |
| Amounts payable | 17/49 | €1,161,348 | €1,028,255 | -€133,093 | -11.5% |
| Amounts payable after more than one year | 17 | €17,701 | - | -€17,701 | |
| Financial debts | 170/4 | €17,701 | - | -€17,701 | |
| Amounts payable within one year | 42/48 | €1,140,847 | €1,028,255 | -€112,592 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €37,090 | €14,751 | -€22,339 | -60.2% |
| Financial debts | 43 | €1,029,236 | €977,047 | -€52,189 | -5.1% |
| Credit institutions | 430/8 | €1,029,236 | €977,047 | -€52,189 | -5.1% |
| Trade debts | 44 | €34,742 | €5,538 | -€29,203 | -84.1% |
| Suppliers | 440/4 | €34,742 | €5,538 | -€29,203 | -84.1% |
| Taxes, remuneration and social security | 45 | €39,443 | €30,278 | -€9,165 | -23.2% |
| Taxes | 450/3 | €20,816 | €24,259 | +€3,443 | +16.5% |
| Remuneration and social security | 454/9 | €18,627 | €6,019 | -€12,607 | -67.7% |
| Other amounts payable | 47/48 | €337 | €640 | +€304 | +90.2% |
| Accrued charges and deferred income | 492/3 | €2,800 | - | -€2,800 | |
| Remuneration, social security and pensions | 62 | €190,654 | €161,879 | -€28,775 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,484 | €9,228 | -€256 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,697 | -€29,011 | -€30,708 | |
| Other operating charges | 640/8 | €17,542 | €26,098 | +€8,555 | +48.8% |
| Non-recurring operating charges | 66A | €12,980 | €12,980 | = | 0.0% |
| Gross operating margin | 9900 | €283,456 | €11,440 | -€272,016 | -96.0% |
| Operating profit (loss) | 9901 | €51,098 | -€169,734 | -€220,831 | |
| Financial income | 75/76B | €4,081 | €7,875 | +€3,795 | +93.0% |
| Recurring financial income | 75 | €4,081 | €7,875 | +€3,795 | +93.0% |
| Financial charges | 65/66B | €43,032 | €38,471 | -€4,561 | -10.6% |
| Recurring financial charges | 65 | €43,032 | €38,471 | -€4,561 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €12,147 | -€200,329 | -€212,476 | |
| Income taxes | 67/77 | €245 | €258 | +€13 | +5.3% |
| Profit (loss) for the period | 9904 | €11,902 | -€200,587 | -€212,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,902 | -€200,587 | -€212,489 |
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 16 October 2026 via checked.be.