KLEIN NEDERLO: 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 NEDERLO
Largest movements
- Tangible fixed assets -€54,887
down €54,887 (-20.6%), from €266,015 to €211,128
of which Other tangible fixed assets: -€38,152
- Cash +€25,334
up €25,334 (+162%), from €15,607 to €40,941
mainly Net result for the year (+€87,661) and Depreciation (+€72,624)
- Deferred charges and accrued income +€20,194
up €20,194 (+140%), from €14,388 to €34,582
- Receivables after one year -€19,452
down €19,452 (-12.4%), from €156,997 to €137,546
- Receivables within one year +€7,502
up €7,502 (+48.0%), from €15,645 to €23,147
of which Other amounts receivable: +€12,480
- Reserves +€87,661
up €87,661 (+94.9%), from €92,418 to €180,079
- Other debts -€55,473
down €55,473 (-99.9%), from €55,551 to €77
- Trade debts -€35,219
down €35,219 (-27.3%), from €129,122 to €93,903
- Debts after one year -€34,679
down €34,679 (-35.8%), from €96,825 to €62,146
- Tax, wage and social debts +€30,288
up €30,288 (+103%), from €29,339 to €59,626
of which Taxes: +€30,940
- Gross operating margin +€149,497
up €149,497 (+30.6%), from €488,229 to €637,726
- Staff costs +€59,138
up €59,138 (+16.9%), from €350,119 to €409,256
- Taxes +€27,387
up €27,387 (+253%), from €10,838 to €38,225
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,667 | €459,529 | -€25,138 | -5.2% |
| Fixed assets | 21/28 | €266,015 | €211,128 | -€54,887 | -20.6% |
| Tangible fixed assets | 22/27 | €266,015 | €211,128 | -€54,887 | -20.6% |
| Plant, machinery and equipment | 23 | €42,442 | €50,096 | +€7,654 | +18.0% |
| Furniture and vehicles | 24 | €67,894 | €43,505 | -€24,389 | -35.9% |
| Other tangible fixed assets | 26 | €155,680 | €117,528 | -€38,152 | -24.5% |
| Current assets | 29/58 | €218,652 | €248,401 | +€29,749 | +13.6% |
| Amounts receivable after more than one year | 29 | €156,997 | €137,546 | -€19,452 | -12.4% |
| Other amounts receivable | 291 | €156,997 | €137,546 | -€19,452 | -12.4% |
| Stocks and contracts in progress | 3 | €16,015 | €12,186 | -€3,829 | -23.9% |
| Stocks | 30/36 | €16,015 | €12,186 | -€3,829 | -23.9% |
| Amounts receivable within one year | 40/41 | €15,645 | €23,147 | +€7,502 | +48.0% |
| Trade receivables | 40 | €5,877 | €899 | -€4,978 | -84.7% |
| Other amounts receivable | 41 | €9,767 | €22,248 | +€12,480 | +128% |
| Cash at bank and in hand | 54/58 | €15,607 | €40,941 | +€25,334 | +162% |
| Deferred charges and accrued income | 490/1 | €14,388 | €34,582 | +€20,194 | +140% |
| Total equity and liabilities | 10/49 | €484,667 | €459,529 | -€25,138 | -5.2% |
| Equity | 10/15 | €111,418 | €199,079 | +€87,661 | +78.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €92,418 | €180,079 | +€87,661 | +94.9% |
| Distributable reserves | 133 | €92,418 | €180,079 | +€87,661 | +94.9% |
| Amounts payable | 17/49 | €373,249 | €260,450 | -€112,799 | -30.2% |
| Amounts payable after more than one year | 17 | €96,825 | €62,146 | -€34,679 | -35.8% |
| Financial debts | 170/4 | €96,825 | €62,146 | -€34,679 | -35.8% |
| Amounts payable within one year | 42/48 | €276,324 | €198,304 | -€78,020 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €39,915 | €34,679 | -€5,235 | -13.1% |
| Financial debts | 43 | €19,141 | €4,746 | -€14,395 | -75.2% |
| Credit institutions | 430/8 | €19,141 | €4,746 | -€14,395 | -75.2% |
| Trade debts | 44 | €129,122 | €93,903 | -€35,219 | -27.3% |
| Suppliers | 440/4 | €129,122 | €93,903 | -€35,219 | -27.3% |
| Advances received on contracts in progress | 46 | €3,257 | €5,272 | +€2,015 | +61.9% |
| Taxes, remuneration and social security | 45 | €29,339 | €59,626 | +€30,288 | +103% |
| Taxes | 450/3 | €7,051 | €37,991 | +€30,940 | +439% |
| Remuneration and social security | 454/9 | €22,288 | €21,636 | -€652 | -2.9% |
| Other amounts payable | 47/48 | €55,551 | €77 | -€55,473 | -99.9% |
| Accrued charges and deferred income | 492/3 | €100 | €0 | -€100 | -100% |
| Remuneration, social security and pensions | 62 | €350,119 | €409,256 | +€59,138 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,688 | €72,624 | -€2,064 | -2.8% |
| Other operating charges | 640/8 | €7,811 | €12,165 | +€4,355 | +55.8% |
| Gross operating margin | 9900 | €488,229 | €637,726 | +€149,497 | +30.6% |
| Operating profit (loss) | 9901 | €55,612 | €143,681 | +€88,068 | +158% |
| Financial income | 75/76B | €3,952 | €25 | -€3,927 | -99.4% |
| Recurring financial income | 75 | €3,952 | €25 | -€3,927 | -99.4% |
| Financial charges | 65/66B | €20,730 | €17,820 | -€2,910 | -14.0% |
| Recurring financial charges | 65 | €20,730 | €17,820 | -€2,910 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €38,834 | €125,886 | +€87,051 | +224% |
| Income taxes | 67/77 | €10,838 | €38,225 | +€27,387 | +253% |
| Profit (loss) for the period | 9904 | €27,996 | €87,661 | +€59,665 | +213% |
| Profit (loss) for the period to be appropriated | 9905 | €27,996 | €87,661 | +€59,665 | +213% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.