KLEI: 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.
KLEI
Largest movements
- Receivables within one year +€10,901
up €10,901 (+414.9%), from €2,627 to €13,528
of which Other amounts receivable: +€5,912
- Tangible fixed assets -€8,540
down €8,540 (-8.1%), from €105,449 to €96,909
of which Other tangible fixed assets: -€7,824
- Cash -€3,822
down €3,822 (-9.8%), from €38,911 to €35,089
mainly Investment in fixed assets (net) (-€13,251) and Receivables within one year (-€10,901)
- Deferred charges and accrued income -€2,995
down €2,995 (-46.9%), from €6,389 to €3,394
- Debts after one year -€10,637
down €10,637 (-100.0%), from €10,637 to €0
- Tax, wage and social debts +€5,464
up €5,464 (+20.6%), from €26,526 to €31,990
of which Remuneration and social security: +€8,277
- Reserves +€2,397
new in 2025: €2,397
- Profit (loss) carried forward +€1,784
up €1,784, from -€1,784 to €0
- Gross operating margin +€10,645
up €10,645 (+6.8%), from €156,280 to €166,925
- Staff costs +€6,052
up €6,052 (+4.9%), from €123,411 to €129,462
- Financial income +€1,801
up €1,801 (+16198.4%), from €11 to €1,812
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 | €166,697 | €164,000 | -€2,697 | -1.6% |
| Formation expenses | 20 | €1,119 | €545 | -€574 | -51.3% |
| Fixed assets | 21/28 | €107,300 | €99,784 | -€7,516 | -7.0% |
| Intangible fixed assets | 21 | €1,851 | €2,876 | +€1,024 | +55.3% |
| Tangible fixed assets | 22/27 | €105,449 | €96,909 | -€8,540 | -8.1% |
| Plant, machinery and equipment | 23 | €11,979 | €11,417 | -€561 | -4.7% |
| Furniture and vehicles | 24 | €315 | €160 | -€155 | -49.3% |
| Other tangible fixed assets | 26 | €93,156 | €85,332 | -€7,824 | -8.4% |
| Current assets | 29/58 | €58,278 | €63,671 | +€5,393 | +9.3% |
| Stocks and contracts in progress | 3 | €10,351 | €11,660 | +€1,309 | +12.6% |
| Stocks | 30/36 | €10,351 | €11,660 | +€1,309 | +12.6% |
| Amounts receivable within one year | 40/41 | €2,627 | €13,528 | +€10,901 | +414.9% |
| Trade receivables | 40 | - | €4,989 | +€4,989 | |
| Other amounts receivable | 41 | €2,627 | €8,540 | +€5,912 | +225.0% |
| Cash at bank and in hand | 54/58 | €38,911 | €35,089 | -€3,822 | -9.8% |
| Deferred charges and accrued income | 490/1 | €6,389 | €3,394 | -€2,995 | -46.9% |
| Total equity and liabilities | 10/49 | €166,697 | €164,000 | -€2,697 | -1.6% |
| Equity | 10/15 | €95,716 | €99,897 | +€4,181 | +4.4% |
| Contributions | 10/11 | €97,500 | €97,500 | = | 0.0% |
| Reserves | 13 | - | €2,397 | +€2,397 | |
| Distributable reserves | 133 | - | €2,397 | +€2,397 | |
| Profit (loss) carried forward | 14 | -€1,784 | €0 | +€1,784 | |
| Amounts payable | 17/49 | €70,981 | €64,103 | -€6,878 | -9.7% |
| Amounts payable after more than one year | 17 | €10,637 | €0 | -€10,637 | -100.0% |
| Other amounts payable | 178/9 | €10,637 | €0 | -€10,637 | -100.0% |
| Amounts payable within one year | 42/48 | €60,075 | €64,018 | +€3,943 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €11,411 | €10,637 | -€774 | -6.8% |
| Trade debts | 44 | €21,963 | €21,117 | -€847 | -3.9% |
| Suppliers | 440/4 | €21,963 | €21,117 | -€847 | -3.9% |
| Taxes, remuneration and social security | 45 | €26,526 | €31,990 | +€5,464 | +20.6% |
| Taxes | 450/3 | €17,898 | €15,085 | -€2,813 | -15.7% |
| Remuneration and social security | 454/9 | €8,628 | €16,905 | +€8,277 | +95.9% |
| Other amounts payable | 47/48 | €175 | €275 | +€100 | +57.2% |
| Accrued charges and deferred income | 492/3 | €270 | €86 | -€185 | -68.3% |
| Remuneration, social security and pensions | 62 | €123,411 | €129,462 | +€6,052 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,876 | €21,341 | -€535 | -2.4% |
| Other operating charges | 640/8 | €5,223 | €6,220 | +€997 | +19.1% |
| Gross operating margin | 9900 | €156,280 | €166,925 | +€10,645 | +6.8% |
| Operating profit (loss) | 9901 | €5,770 | €9,901 | +€4,131 | +71.6% |
| Financial income | 75/76B | €11 | €1,812 | +€1,801 | +16198.4% |
| Recurring financial income | 75 | €11 | €1,812 | +€1,801 | +16198.4% |
| Financial charges | 65/66B | €5,755 | €5,939 | +€183 | +3.2% |
| Recurring financial charges | 65 | €5,755 | €5,939 | +€183 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €26 | €5,775 | +€5,749 | +22110.2% |
| Income taxes | 67/77 | €16 | €1,594 | +€1,578 | +9672.8% |
| Profit (loss) for the period | 9904 | €10 | €4,181 | +€4,171 | +43044.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10 | €4,181 | +€4,171 | +43044.7% |
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 11 October 2026 via checked.be.