KLEIN BARNUM: 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.
KLEIN BARNUM
Largest movements
- Cash -€31,068
down €31,068 (-20.7%), from €149,931 to €118,863
mainly Trade debts (-€59,125) and Contributions, distributions and other (-€48,000)
- Receivables within one year -€18,452
down €18,452 (-12.4%), from €149,156 to €130,703
of which Other amounts receivable: -€16,487
- Trade debts -€59,125
down €59,125 (-45.6%), from €129,532 to €70,408
- Accrued charges and deferred income +€43,500
new in 2025: €43,500
- Reserves -€34,868
down €34,868 (-71.8%), from €48,551 to €13,683
of which Distributable reserves: -€34,868
- Gross operating margin -€44,469
down €44,469 (-33.3%), from €133,657 to €89,188
- Staff costs -€1,491
down €1,491 (-2.1%), from €69,703 to €68,212
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 | €304,406 | €253,713 | -€50,693 | -16.7% |
| Fixed assets | 21/28 | €2,871 | €2,114 | -€757 | -26.4% |
| Tangible fixed assets | 22/27 | €2,871 | €2,114 | -€757 | -26.4% |
| Furniture and vehicles | 24 | €2,871 | €2,114 | -€757 | -26.4% |
| Current assets | 29/58 | €301,535 | €251,599 | -€49,936 | -16.6% |
| Amounts receivable within one year | 40/41 | €149,156 | €130,703 | -€18,452 | -12.4% |
| Trade receivables | 40 | €110,551 | €108,586 | -€1,965 | -1.8% |
| Other amounts receivable | 41 | €38,604 | €22,117 | -€16,487 | -42.7% |
| Cash at bank and in hand | 54/58 | €149,931 | €118,863 | -€31,068 | -20.7% |
| Deferred charges and accrued income | 490/1 | €2,449 | €2,033 | -€415 | -17.0% |
| Total equity and liabilities | 10/49 | €304,406 | €253,713 | -€50,693 | -16.7% |
| Equity | 10/15 | €107,851 | €72,983 | -€34,868 | -32.3% |
| Contributions | 10/11 | €59,300 | €59,300 | = | 0.0% |
| Reserves | 13 | €48,551 | €13,683 | -€34,868 | -71.8% |
| Non-distributable reserves | 130/1 | €5,930 | €5,930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,930 | €5,930 | = | 0.0% |
| Distributable reserves | 133 | €42,621 | €7,753 | -€34,868 | -81.8% |
| Amounts payable | 17/49 | €196,555 | €180,730 | -€15,825 | -8.1% |
| Amounts payable within one year | 42/48 | €196,555 | €137,230 | -€59,325 | -30.2% |
| Trade debts | 44 | €129,532 | €70,408 | -€59,125 | -45.6% |
| Suppliers | 440/4 | €129,532 | €70,408 | -€59,125 | -45.6% |
| Taxes, remuneration and social security | 45 | €43,023 | €42,815 | -€208 | -0.5% |
| Taxes | 450/3 | €34,274 | €34,104 | -€171 | -0.5% |
| Remuneration and social security | 454/9 | €8,749 | €8,711 | -€37 | -0.4% |
| Other amounts payable | 47/48 | €24,000 | €24,008 | +€8 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €43,500 | +€43,500 | |
| Remuneration, social security and pensions | 62 | €69,703 | €68,212 | -€1,491 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,043 | €2,252 | +€209 | +10.2% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €133,657 | €89,188 | -€44,469 | -33.3% |
| Operating profit (loss) | 9901 | €61,383 | €18,180 | -€43,203 | -70.4% |
| Financial income | 75/76B | €3 | €339 | +€336 | +11,465% |
| Recurring financial income | 75 | €3 | €339 | +€336 | +11,465% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +1.6% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €61,331 | €18,464 | -€42,868 | -69.9% |
| Income taxes | 67/77 | €6,163 | €5,331 | -€831 | -13.5% |
| Profit (loss) for the period | 9904 | €55,169 | €13,132 | -€42,036 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,169 | €13,132 | -€42,036 | -76.2% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.