KLEOS: 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.
KLEOS
Largest movements
- Current investments +€62,811
up €62,811 (+27.4%), from €228,946 to €291,757
- Receivables after one year +€27,995
new in 2025: €27,995
- Cash -€23,666
down €23,666 (-5.9%), from €402,969 to €379,303
mainly Current investments (-€62,811) and Receivables after one year (-€27,995)
- Other debts +€41,696
up €41,696 (+29.5%), from €141,523 to €183,219
- Profit (loss) carried forward +€13,689
up €13,689 (+1.6%), from €836,983 to €850,672
- Financial income -€443,648
down €443,648 (-93.4%), from €475,132 to €31,484
- Gross operating margin -€6,869
down €6,869 (-36.8%), from €18,687 to €11,818
- Taxes +€3,481
up €3,481, from -€512 to €2,969
- Financial charges +€1,020
up €1,020 (+8.8%), from €11,655 to €12,675
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 | €1,134,525 | €1,192,915 | +€58,390 | +5.1% |
| Fixed assets | 21/28 | €502,610 | €493,860 | -€8,750 | -1.7% |
| Tangible fixed assets | 22/27 | €130,770 | €122,020 | -€8,750 | -6.7% |
| Land and buildings | 22 | €130,770 | €122,020 | -€8,750 | -6.7% |
| Financial fixed assets | 28 | €371,840 | €371,840 | = | 0.0% |
| Current assets | 29/58 | €631,915 | €699,055 | +€67,140 | +10.6% |
| Amounts receivable after more than one year | 29 | - | €27,995 | +€27,995 | |
| Other amounts receivable | 291 | - | €27,995 | +€27,995 | |
| Current investments | 50/53 | €228,946 | €291,757 | +€62,811 | +27.4% |
| Cash at bank and in hand | 54/58 | €402,969 | €379,303 | -€23,666 | -5.9% |
| Total equity and liabilities | 10/49 | €1,134,525 | €1,192,915 | +€58,390 | +5.1% |
| Equity | 10/15 | €902,549 | €916,238 | +€13,689 | +1.5% |
| Contributions | 10/11 | €61,600 | €61,600 | = | 0.0% |
| Capital | 10 | €61,600 | €61,600 | = | 0.0% |
| Issued capital | 100 | €61,600 | €61,600 | = | 0.0% |
| Reserves | 13 | €3,966 | €3,966 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,966 | €3,966 | = | 0.0% |
| Legal reserve | 130 | €3,966 | €3,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | €836,983 | €850,672 | +€13,689 | +1.6% |
| Provisions and deferred taxes | 16 | €86,989 | €86,989 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €86,989 | €86,989 | = | 0.0% |
| Pensions and similar obligations | 160 | €86,989 | €86,989 | = | 0.0% |
| Amounts payable | 17/49 | €144,987 | €189,688 | +€44,701 | +30.8% |
| Amounts payable within one year | 42/48 | €141,913 | €186,524 | +€44,611 | +31.4% |
| Taxes, remuneration and social security | 45 | €390 | €3,305 | +€2,915 | +747.4% |
| Taxes | 450/3 | €390 | €3,305 | +€2,915 | +747.4% |
| Other amounts payable | 47/48 | €141,523 | €183,219 | +€41,696 | +29.5% |
| Accrued charges and deferred income | 492/3 | €3,074 | €3,164 | +€90 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,750 | €8,750 | = | 0.0% |
| Other operating charges | 640/8 | €5,035 | €5,210 | +€175 | +3.5% |
| Gross operating margin | 9900 | €18,687 | €11,818 | -€6,869 | -36.8% |
| Operating profit (loss) | 9901 | €4,902 | -€2,142 | -€7,044 | |
| Financial income | 75/76B | €475,132 | €31,484 | -€443,648 | -93.4% |
| Recurring financial income | 75 | €475,132 | €31,484 | -€443,648 | -93.4% |
| Financial charges | 65/66B | €11,655 | €12,675 | +€1,020 | +8.8% |
| Recurring financial charges | 65 | €11,655 | €12,675 | +€1,020 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €468,379 | €16,667 | -€451,712 | -96.4% |
| Income taxes | 67/77 | -€512 | €2,969 | +€3,481 | |
| Profit (loss) for the period | 9904 | €468,891 | €13,698 | -€455,193 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €468,891 | €13,698 | -€455,193 | -97.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.