KLEIN LONDEN: 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 LONDEN
Largest movements
- Current investments -€700,000
down €700,000 (-100%), from €700,000 to €0
- Cash +€497,589
up €497,589 (+108%), from €458,741 to €956,330
mainly Current investments (+€700,000) and Net result for the year (+€203,821)
- Stocks and contracts +€84,865
up €84,865 (+19.3%), from €439,570 to €524,435
- Other debts -€211,526
down €211,526 (-25.8%), from €819,256 to €607,730
- Reserves +€203,821
up €203,821 (+29.8%), from €683,618 to €887,440
- Debts after one year -€75,000
down €75,000 (-52.2%), from €143,750 to €68,750
- Trade debts -€28,974
down €28,974 (-21.8%), from €132,828 to €103,854
- Gross operating margin +€209,978
up €209,978 (+31.8%), from €660,963 to €870,940
- Taxes +€65,180
up €65,180 (+181%), from €35,957 to €101,137
- Depreciation +€10,230
up €10,230 (+11.9%), from €86,251 to €96,481
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 | €2,111,707 | €2,008,754 | -€102,953 | -4.9% |
| Fixed assets | 21/28 | €430,867 | €434,941 | +€4,074 | +0.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | 0.0% |
| Tangible fixed assets | 22/27 | €430,867 | €434,941 | +€4,074 | +0.9% |
| Land and buildings | 22 | €124,584 | €323,632 | +€199,047 | +160% |
| Plant, machinery and equipment | 23 | €26,939 | €20,594 | -€6,345 | -23.6% |
| Furniture and vehicles | 24 | €29,501 | €90,715 | +€61,214 | +207% |
| Other tangible fixed assets | 26 | €249,842 | €0 | -€249,842 | -100% |
| Current assets | 29/58 | €1,680,840 | €1,573,813 | -€107,027 | -6.4% |
| Stocks and contracts in progress | 3 | €439,570 | €524,435 | +€84,865 | +19.3% |
| Stocks | 30/36 | €439,570 | €524,435 | +€84,865 | +19.3% |
| Amounts receivable within one year | 40/41 | €68,911 | €77,914 | +€9,003 | +13.1% |
| Trade receivables | 40 | €28,424 | €27,409 | -€1,015 | -3.6% |
| Other amounts receivable | 41 | €40,487 | €50,505 | +€10,019 | +24.7% |
| Current investments | 50/53 | €700,000 | €0 | -€700,000 | -100% |
| Cash at bank and in hand | 54/58 | €458,741 | €956,330 | +€497,589 | +108% |
| Deferred charges and accrued income | 490/1 | €13,619 | €15,135 | +€1,516 | +11.1% |
| Total equity and liabilities | 10/49 | €2,111,707 | €2,008,754 | -€102,953 | -4.9% |
| Equity | 10/15 | €783,627 | €987,449 | +€203,821 | +26.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €683,618 | €887,440 | +€203,821 | +29.8% |
| Distributable reserves | 133 | €683,618 | €887,440 | +€203,821 | +29.8% |
| Profit (loss) carried forward | 14 | €9 | €9 | = | 0.0% |
| Amounts payable | 17/49 | €1,328,080 | €1,021,306 | -€306,774 | -23.1% |
| Amounts payable after more than one year | 17 | €143,750 | €68,750 | -€75,000 | -52.2% |
| Financial debts | 170/4 | €143,750 | €68,750 | -€75,000 | -52.2% |
| Amounts payable within one year | 42/48 | €1,135,227 | €904,055 | -€231,172 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 43 | €111 | €21 | -€90 | -81.1% |
| Credit institutions | 430/8 | €111 | €21 | -€90 | -81.1% |
| Trade debts | 44 | €132,828 | €103,854 | -€28,974 | -21.8% |
| Suppliers | 440/4 | €132,828 | €103,854 | -€28,974 | -21.8% |
| Taxes, remuneration and social security | 45 | €108,032 | €117,450 | +€9,418 | +8.7% |
| Taxes | 450/3 | €38,805 | €47,853 | +€9,049 | +23.3% |
| Remuneration and social security | 454/9 | €69,227 | €69,597 | +€370 | +0.5% |
| Other amounts payable | 47/48 | €819,256 | €607,730 | -€211,526 | -25.8% |
| Accrued charges and deferred income | 492/3 | €49,103 | €48,501 | -€602 | -1.2% |
| Non-recurring operating income | 76A | €0 | €1,102 | +€1,102 | |
| Remuneration, social security and pensions | 62 | €433,959 | €442,585 | +€8,626 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,251 | €96,481 | +€10,230 | +11.9% |
| Other operating charges | 640/8 | €12,405 | €12,685 | +€281 | +2.3% |
| Gross operating margin | 9900 | €660,963 | €870,940 | +€209,978 | +31.8% |
| Operating profit (loss) | 9901 | €128,348 | €319,189 | +€190,842 | +149% |
| Financial income | 75/76B | €50,636 | €53,586 | +€2,951 | +5.8% |
| Recurring financial income | 75 | €50,636 | €53,586 | +€2,951 | +5.8% |
| Financial charges | 65/66B | €67,346 | €67,817 | +€471 | +0.7% |
| Recurring financial charges | 65 | €67,346 | €67,817 | +€471 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €111,638 | €304,958 | +€193,321 | +173% |
| Income taxes | 67/77 | €35,957 | €101,137 | +€65,180 | +181% |
| Profit (loss) for the period | 9904 | €75,681 | €203,821 | +€128,140 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €75,681 | €203,821 | +€128,140 | +169% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.