KLEOPATRA: 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.
KLEOPATRA
Largest movements
- Tangible fixed assets -€20,750
down €20,750 (-38.9%), from €53,403 to €32,653
- Deferred charges and accrued income -€12,000
down €12,000 (-70.5%), from €17,015 to €5,015
- Receivables within one year -€3,955
down €3,955 (-3.0%), from €133,490 to €129,534
of which Other amounts receivable: -€6,496
- Profit (loss) carried forward -€26,433
down €26,433, from €16,726 to -€9,707
- Trade debts -€5,496
down €5,496 (-11.8%), from €46,421 to €40,925
- Debts after one year -€3,500
down €3,500 (-5.6%), from €62,000 to €58,500
- Depreciation -€14,790
down €14,790 (-51.7%), from €28,591 to €13,800
- Gross operating margin -€11,286
down €11,286, from €5,072 to -€6,214
- Financial income -€2,510
no longer reported in 2025 (was €2,510)
- Other operating charges +€98
up €98 (+97.5%), from €100 to €198
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 | €204,766 | €167,455 | -€37,311 | -18.2% |
| Fixed assets | 21/28 | €53,403 | €32,653 | -€20,750 | -38.9% |
| Tangible fixed assets | 22/27 | €53,403 | €32,653 | -€20,750 | -38.9% |
| Land and buildings | 22 | €37,729 | €28,731 | -€8,998 | -23.8% |
| Plant, machinery and equipment | 23 | €8,654 | €3,922 | -€4,732 | -54.7% |
| Furniture and vehicles | 24 | €7,021 | - | -€7,021 | |
| Current assets | 29/58 | €151,363 | €134,803 | -€16,561 | -10.9% |
| Amounts receivable within one year | 40/41 | €133,490 | €129,534 | -€3,955 | -3.0% |
| Trade receivables | 40 | €41,189 | €43,730 | +€2,541 | +6.2% |
| Other amounts receivable | 41 | €92,301 | €85,804 | -€6,496 | -7.0% |
| Cash at bank and in hand | 54/58 | €858 | €253 | -€605 | -70.5% |
| Deferred charges and accrued income | 490/1 | €17,015 | €5,015 | -€12,000 | -70.5% |
| Total equity and liabilities | 10/49 | €204,766 | €167,455 | -€37,311 | -18.2% |
| Equity | 10/15 | €38,726 | €12,293 | -€26,433 | -68.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,726 | -€9,707 | -€26,433 | |
| Amounts payable | 17/49 | €166,040 | €155,162 | -€10,878 | -6.6% |
| Amounts payable after more than one year | 17 | €62,000 | €58,500 | -€3,500 | -5.6% |
| Financial debts | 170/4 | €62,000 | €58,500 | -€3,500 | -5.6% |
| Amounts payable within one year | 42/48 | €51,950 | €44,572 | -€7,378 | -14.2% |
| Trade debts | 44 | €46,421 | €40,925 | -€5,496 | -11.8% |
| Suppliers | 440/4 | €46,421 | €40,925 | -€5,496 | -11.8% |
| Taxes, remuneration and social security | 45 | - | €82 | +€82 | |
| Taxes | 450/3 | - | €82 | +€82 | |
| Other amounts payable | 47/48 | €5,529 | €3,566 | -€1,963 | -35.5% |
| Accrued charges and deferred income | 492/3 | €52,090 | €52,090 | = | 0.0% |
| Non-recurring operating income | 76A | €6,657 | €2,884 | -€3,773 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,591 | €13,800 | -€14,790 | -51.7% |
| Other operating charges | 640/8 | €100 | €198 | +€98 | +97.5% |
| Non-recurring operating charges | 66A | - | €5,934 | +€5,934 | |
| Gross operating margin | 9900 | €5,072 | -€6,214 | -€11,286 | |
| Operating profit (loss) | 9901 | -€23,618 | -€26,146 | -€2,527 | -10.7% |
| Financial income | 75/76B | €2,510 | - | -€2,510 | |
| Recurring financial income | 75 | €2,510 | - | -€2,510 | |
| Financial charges | 65/66B | €343 | €288 | -€55 | -16.1% |
| Recurring financial charges | 65 | €343 | €288 | -€55 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,451 | -€26,433 | -€4,983 | -23.2% |
| Profit (loss) for the period | 9904 | -€21,451 | -€26,433 | -€4,983 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,451 | -€26,433 | -€4,983 | -23.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.