KLEVERKEM: 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.
KLEVERKEM
Largest movements
- Receivables within one year +€947,044
up €947,044 (+146%), from €648,118 to €1.6m
of which Trade receivables: +€923,661
- Stocks and contracts -€174,565
down €174,565 (-13.8%), from €1.3m to €1.1m
- Cash +€145,013
up €145,013 (+114%), from €126,794 to €271,807
mainly Net result for the year (+€706,283) and Trade debts (+€368,389)
- Profit (loss) carried forward +€706,282
up €706,282 (+90.3%), from €782,369 to €1.5m
- Trade debts +€368,389
up €368,389 (+86.0%), from €428,118 to €796,507
- Tax, wage and social debts -€83,514
down €83,514 (-72.4%), from €115,410 to €31,896
of which Taxes: -€80,014
- Debts after one year -€67,293
down €67,293 (-17.1%), from €393,794 to €326,501
of which Other amounts payable: -€50,000
- Short-term financial debts -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Gross operating margin +€687,335
up €687,335 (+199%), from €345,099 to €1.0m
- Taxes +€170,245
up €170,245 (+264%), from €64,372 to €234,617
- Financial charges +€84,045
up €84,045 (+92.6%), from €90,755 to €174,800
- Financial income +€78,171
up €78,171 (+280%), from €27,932 to €106,103
- Depreciation +€11,832
up €11,832 (+138%), from €8,561 to €20,393
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 | €2,137,020 | €3,034,639 | +€897,619 | +42.0% |
| Fixed assets | 21/28 | €90,742 | €70,349 | -€20,393 | -22.5% |
| Intangible fixed assets | 21 | €1,905 | €1,484 | -€421 | -22.1% |
| Tangible fixed assets | 22/27 | €88,837 | €68,864 | -€19,973 | -22.5% |
| Plant, machinery and equipment | 23 | €230 | €172 | -€58 | -25.2% |
| Furniture and vehicles | 24 | €1,026 | €385 | -€641 | -62.5% |
| Leasing and similar rights | 25 | €85,231 | €66,791 | -€18,440 | -21.6% |
| Other tangible fixed assets | 26 | €2,350 | €1,516 | -€834 | -35.5% |
| Current assets | 29/58 | €2,046,278 | €2,964,290 | +€918,012 | +44.9% |
| Stocks and contracts in progress | 3 | €1,268,156 | €1,093,591 | -€174,565 | -13.8% |
| Stocks | 30/36 | €1,268,156 | €1,093,591 | -€174,565 | -13.8% |
| Amounts receivable within one year | 40/41 | €648,118 | €1,595,162 | +€947,044 | +146% |
| Trade receivables | 40 | €648,118 | €1,571,779 | +€923,661 | +143% |
| Other amounts receivable | 41 | - | €23,383 | +€23,383 | |
| Cash at bank and in hand | 54/58 | €126,794 | €271,807 | +€145,013 | +114% |
| Deferred charges and accrued income | 490/1 | €3,210 | €3,730 | +€520 | +16.2% |
| Total equity and liabilities | 10/49 | €2,137,020 | €3,034,639 | +€897,619 | +42.0% |
| Equity | 10/15 | €907,369 | €1,613,651 | +€706,282 | +77.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €782,369 | €1,488,651 | +€706,282 | +90.3% |
| Amounts payable | 17/49 | €1,229,651 | €1,420,988 | +€191,337 | +15.6% |
| Amounts payable after more than one year | 17 | €393,794 | €326,501 | -€67,293 | -17.1% |
| Financial debts | 170/4 | €68,794 | €51,501 | -€17,293 | -25.1% |
| Other amounts payable | 178/9 | €325,000 | €275,000 | -€50,000 | -15.4% |
| Amounts payable within one year | 42/48 | €811,734 | €1,047,108 | +€235,374 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €16,654 | €17,293 | +€639 | +3.8% |
| Financial debts | 43 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Credit institutions | 430/8 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Trade debts | 44 | €428,118 | €796,507 | +€368,389 | +86.0% |
| Suppliers | 440/4 | €428,118 | €796,507 | +€368,389 | +86.0% |
| Taxes, remuneration and social security | 45 | €115,410 | €31,896 | -€83,514 | -72.4% |
| Taxes | 450/3 | €111,910 | €31,896 | -€80,014 | -71.5% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Other amounts payable | 47/48 | €1,552 | €1,411 | -€141 | -9.1% |
| Accrued charges and deferred income | 492/3 | €24,123 | €47,379 | +€23,256 | +96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,561 | €20,393 | +€11,832 | +138% |
| Other operating charges | 640/8 | €4,510 | €2,444 | -€2,066 | -45.8% |
| Non-recurring operating charges | 66A | €2,603 | - | -€2,603 | |
| Gross operating margin | 9900 | €345,099 | €1,032,434 | +€687,335 | +199% |
| Operating profit (loss) | 9901 | €329,425 | €1,009,596 | +€680,171 | +206% |
| Financial income | 75/76B | €27,932 | €106,103 | +€78,171 | +280% |
| Recurring financial income | 75 | €27,932 | €106,103 | +€78,171 | +280% |
| Financial charges | 65/66B | €90,755 | €174,800 | +€84,045 | +92.6% |
| Recurring financial charges | 65 | €90,755 | €174,800 | +€84,045 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €266,602 | €940,900 | +€674,298 | +253% |
| Income taxes | 67/77 | €64,372 | €234,617 | +€170,245 | +264% |
| Profit (loss) for the period | 9904 | €202,230 | €706,283 | +€504,053 | +249% |
| Profit (loss) for the period to be appropriated | 9905 | €202,230 | €706,283 | +€504,053 | +249% |
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 23 October 2026 via checked.be.