KLERELEM: 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.
KLERELEM
Largest movements
- Cash -€47,288
down €47,288 (-38.4%), from €123,115 to €75,827
mainly Other debts (-€98,429) and Receivables within one year (-€23,669)
- Receivables within one year +€23,669
up €23,669 (+93.9%), from €25,210 to €48,879
of which Trade receivables: +€23,343
- Deferred charges and accrued income -€13,428
down €13,428 (-97.5%), from €13,766 to €339
- Tangible fixed assets -€7,233
down €7,233 (-16.3%), from €44,359 to €37,126
of which Other tangible fixed assets: -€5,550
- Other debts -€98,429
down €98,429 (-68.2%), from €144,411 to €45,982
- Profit (loss) carried forward +€27,926
up €27,926, from €0 to €27,926
- Trade debts +€20,383
up €20,383 (+68.4%), from €29,797 to €50,180
- Tax, wage and social debts +€5,602
up €5,602 (+25.8%), from €21,677 to €27,279
of which Taxes: +€6,297
- Turnover +€21,957
up €21,957 (+6.5%), from €335,921 to €357,878
- Taxes +€18,112
up €18,112, from -€3,087 to €15,025
- Purchases and services +€15,384
up €15,384 (+7.6%), from €203,265 to €218,649
- Gross operating margin +€12,990
up €12,990 (+9.6%), from €135,830 to €148,820
- Other operating charges +€12,024
up €12,024 (+297.7%), from €4,039 to €16,063
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,345 | €172,280 | -€44,065 | -20.4% |
| Fixed assets | 21/28 | €44,419 | €37,186 | -€7,233 | -16.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €44,359 | €37,126 | -€7,233 | -16.3% |
| Plant, machinery and equipment | 23 | €3,151 | €5,514 | +€2,362 | +75.0% |
| Furniture and vehicles | 24 | €7,265 | €3,220 | -€4,045 | -55.7% |
| Other tangible fixed assets | 26 | €33,943 | €28,392 | -€5,550 | -16.4% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €171,926 | €135,094 | -€36,832 | -21.4% |
| Stocks and contracts in progress | 3 | €9,835 | €10,050 | +€215 | +2.2% |
| Stocks | 30/36 | €9,835 | €10,050 | +€215 | +2.2% |
| Amounts receivable within one year | 40/41 | €25,210 | €48,879 | +€23,669 | +93.9% |
| Trade receivables | 40 | €23,619 | €46,962 | +€23,343 | +98.8% |
| Other amounts receivable | 41 | €1,591 | €1,917 | +€326 | +20.5% |
| Cash at bank and in hand | 54/58 | €123,115 | €75,827 | -€47,288 | -38.4% |
| Deferred charges and accrued income | 490/1 | €13,766 | €339 | -€13,428 | -97.5% |
| Total equity and liabilities | 10/49 | €216,345 | €172,280 | -€44,065 | -20.4% |
| Equity | 10/15 | €20,460 | €48,386 | +€27,926 | +136.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €27,926 | +€27,926 | |
| Amounts payable | 17/49 | €195,885 | €123,895 | -€71,991 | -36.8% |
| Amounts payable within one year | 42/48 | €195,885 | €123,441 | -€72,444 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €29,797 | €50,180 | +€20,383 | +68.4% |
| Suppliers | 440/4 | €29,797 | €50,180 | +€20,383 | +68.4% |
| Taxes, remuneration and social security | 45 | €21,677 | €27,279 | +€5,602 | +25.8% |
| Taxes | 450/3 | €12,078 | €18,375 | +€6,297 | +52.1% |
| Remuneration and social security | 454/9 | €9,598 | €8,904 | -€694 | -7.2% |
| Other amounts payable | 47/48 | €144,411 | €45,982 | -€98,429 | -68.2% |
| Accrued charges and deferred income | 492/3 | €0 | €453 | +€453 | |
| Turnover | 70 | €335,921 | €357,878 | +€21,957 | +6.5% |
| Non-recurring operating income | 76A | - | €1 | +€1 | |
| Goods, raw materials, services and sundry goods | 60/61 | €203,265 | €218,649 | +€15,384 | +7.6% |
| Remuneration, social security and pensions | 62 | €84,191 | €91,725 | +€7,534 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,289 | €7,078 | -€9,211 | -56.5% |
| Other operating charges | 640/8 | €4,039 | €16,063 | +€12,024 | +297.7% |
| Non-recurring operating charges | 66A | €11 | - | -€11 | |
| Gross operating margin | 9900 | €135,830 | €148,820 | +€12,990 | +9.6% |
| Operating profit (loss) | 9901 | €31,300 | €33,954 | +€2,653 | +8.5% |
| Financial income | 75/76B | €10 | €10,253 | +€10,243 | +103256.4% |
| Recurring financial income | 75 | €10 | €10,253 | +€10,243 | +103256.4% |
| Financial charges | 65/66B | €660 | €1,255 | +€595 | +90.2% |
| Recurring financial charges | 65 | €660 | €516 | -€144 | -21.8% |
| Non-recurring financial charges | 66B | - | €739 | +€739 | |
| Profit (loss) for the period before taxes | 9903 | €30,650 | €42,951 | +€12,301 | +40.1% |
| Income taxes | 67/77 | -€3,087 | €15,025 | +€18,112 | |
| Profit (loss) for the period | 9904 | €33,737 | €27,926 | -€5,811 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,737 | €27,926 | -€5,811 | -17.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.