Klementina: what changed
Two fiscal 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.
Klementina
Largest movements
- Current investments +€70,000
up €70,000 (+53.8%), from €130,000 to €200,000
- Receivables within one year -€59,856
down €59,856 (-65.4%), from €91,586 to €31,731
of which Trade receivables: -€70,616
- Other debts +€366,845
up €366,845 (+52624.4%), from €697 to €367,542
- Reserves -€317,471
down €317,471 (-37.6%), from €843,754 to €526,283
- Debts after one year -€26,897
down €26,897 (-10.8%), from €249,436 to €222,539
- Tax, wage and social debts -€18,897
down €18,897 (-34.5%), from €54,737 to €35,840
- Gross operating margin -€93,784
down €93,784 (-17.7%), from €528,631 to €434,847
- Taxes -€17,666
down €17,666 (-14.5%), from €121,669 to €104,003
- Other operating charges +€13,110
up €13,110 (+790.0%), from €1,659 to €14,769
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 | €1,177,110 | €1,185,717 | +€8,607 | +0.7% |
| Fixed assets | 21/28 | €688,161 | €679,081 | -€9,079 | -1.3% |
| Tangible fixed assets | 22/27 | €688,161 | €679,081 | -€9,079 | -1.3% |
| Land and buildings | 22 | €645,578 | €640,710 | -€4,868 | -0.8% |
| Plant, machinery and equipment | 23 | €35,684 | €31,673 | -€4,011 | -11.2% |
| Furniture and vehicles | 24 | €1,898 | €1,698 | -€200 | -10.5% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €488,949 | €506,635 | +€17,687 | +3.6% |
| Amounts receivable within one year | 40/41 | €91,586 | €31,731 | -€59,856 | -65.4% |
| Trade receivables | 40 | €85,424 | €14,808 | -€70,616 | -82.7% |
| Other amounts receivable | 41 | €6,162 | €16,923 | +€10,760 | +174.6% |
| Current investments | 50/53 | €130,000 | €200,000 | +€70,000 | +53.8% |
| Cash at bank and in hand | 54/58 | €262,337 | €271,358 | +€9,021 | +3.4% |
| Deferred charges and accrued income | 490/1 | €5,026 | €3,547 | -€1,479 | -29.4% |
| Total equity and liabilities | 10/49 | €1,177,110 | €1,185,717 | +€8,607 | +0.7% |
| Equity | 10/15 | €845,754 | €528,283 | -€317,471 | -37.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €843,754 | €526,283 | -€317,471 | -37.6% |
| Distributable reserves | 133 | €843,754 | €526,283 | -€317,471 | -37.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €331,355 | €657,433 | +€326,078 | +98.4% |
| Amounts payable after more than one year | 17 | €249,436 | €222,539 | -€26,897 | -10.8% |
| Financial debts | 170/4 | €249,436 | €222,539 | -€26,897 | -10.8% |
| Amounts payable within one year | 42/48 | €81,746 | €434,894 | +€353,148 | +432.0% |
| Current portion of amounts payable after more than one year | 42 | €25,817 | €26,897 | +€1,080 | +4.2% |
| Trade debts | 44 | €494 | €4,615 | +€4,120 | +833.3% |
| Suppliers | 440/4 | €494 | €4,615 | +€4,120 | +833.3% |
| Taxes, remuneration and social security | 45 | €54,737 | €35,840 | -€18,897 | -34.5% |
| Taxes | 450/3 | €54,737 | €35,840 | -€18,897 | -34.5% |
| Other amounts payable | 47/48 | €697 | €367,542 | +€366,845 | +52624.4% |
| Accrued charges and deferred income | 492/3 | €173 | €0 | -€173 | -100.0% |
| Non-recurring operating income | 76A | - | €6,560 | +€6,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,999 | €17,058 | -€3,940 | -18.8% |
| Other operating charges | 640/8 | €1,659 | €14,769 | +€13,110 | +790.0% |
| Gross operating margin | 9900 | €528,631 | €434,847 | -€93,784 | -17.7% |
| Operating profit (loss) | 9901 | €505,972 | €403,019 | -€102,953 | -20.3% |
| Financial income | 75/76B | €4,556 | €3,242 | -€1,314 | -28.8% |
| Recurring financial income | 75 | €4,556 | €3,242 | -€1,314 | -28.8% |
| Financial charges | 65/66B | €12,717 | €13,729 | +€1,012 | +8.0% |
| Recurring financial charges | 65 | €12,717 | €13,729 | +€1,012 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €497,812 | €392,532 | -€105,280 | -21.1% |
| Income taxes | 67/77 | €121,669 | €104,003 | -€17,666 | -14.5% |
| Profit (loss) for the period | 9904 | €376,143 | €288,529 | -€87,614 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €376,143 | €288,529 | -€87,614 | -23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.