KLEVERS: 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.
KLEVERS
Largest movements
- Tangible fixed assets +€84,898
up €84,898 (+218%), from €38,952 to €123,850
- Receivables within one year -€19,773
down €19,773 (-8.8%), from €224,059 to €204,286
of which Other amounts receivable: -€32,632
- Cash -€14,198
down €14,198 (-65.6%), from €21,634 to €7,436
mainly Investment in fixed assets (net) (-€116,313) and Tax, wage and social debts (-€36,220)
- Debts after one year +€54,791
up €54,791 (+175%), from €31,341 to €86,132
- Tax, wage and social debts -€36,220
down €36,220 (-84.8%), from €42,687 to €6,467
of which Taxes: -€38,105
- Current portion of long-term debt +€23,194
up €23,194 (+129%), from €17,930 to €41,124
- Profit (loss) carried forward +€14,697
up €14,697 (+21.2%), from €69,262 to €83,959
- Trade debts -€3,475
down €3,475 (-3.0%), from €115,332 to €111,857
- Gross operating margin +€21,565
up €21,565 (+33.1%), from €65,194 to €86,759
- Other operating charges +€13,253
up €13,253 (+108%), from €12,245 to €25,498
- Staff costs +€8,071
new in 2025: €8,071
- Depreciation +€7,147
up €7,147 (+29.4%), from €24,268 to €31,415
- Taxes -€2,006
down €2,006 (-24.8%), from €8,088 to €6,082
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 | €286,112 | €337,600 | +€51,488 | +18.0% |
| Fixed assets | 21/28 | €39,102 | €124,000 | +€84,898 | +217% |
| Tangible fixed assets | 22/27 | €38,952 | €123,850 | +€84,898 | +218% |
| Furniture and vehicles | 24 | €38,952 | €123,850 | +€84,898 | +218% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €247,010 | €213,599 | -€33,411 | -13.5% |
| Amounts receivable within one year | 40/41 | €224,059 | €204,286 | -€19,773 | -8.8% |
| Trade receivables | 40 | €149,064 | €161,922 | +€12,858 | +8.6% |
| Other amounts receivable | 41 | €74,995 | €42,363 | -€32,632 | -43.5% |
| Cash at bank and in hand | 54/58 | €21,634 | €7,436 | -€14,198 | -65.6% |
| Deferred charges and accrued income | 490/1 | €1,317 | €1,878 | +€561 | +42.6% |
| Total equity and liabilities | 10/49 | €286,112 | €337,600 | +€51,488 | +18.0% |
| Equity | 10/15 | €77,322 | €92,019 | +€14,697 | +19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| 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% |
| Profit (loss) carried forward | 14 | €69,262 | €83,959 | +€14,697 | +21.2% |
| Amounts payable | 17/49 | €208,790 | €245,580 | +€36,790 | +17.6% |
| Amounts payable after more than one year | 17 | €31,341 | €86,132 | +€54,791 | +175% |
| Financial debts | 170/4 | €31,341 | €86,132 | +€54,791 | +175% |
| Amounts payable within one year | 42/48 | €177,449 | €159,448 | -€18,001 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €17,930 | €41,124 | +€23,194 | +129% |
| Trade debts | 44 | €115,332 | €111,857 | -€3,475 | -3.0% |
| Suppliers | 440/4 | €115,332 | €111,857 | -€3,475 | -3.0% |
| Taxes, remuneration and social security | 45 | €42,687 | €6,467 | -€36,220 | -84.8% |
| Taxes | 450/3 | €41,187 | €3,082 | -€38,105 | -92.5% |
| Remuneration and social security | 454/9 | €1,500 | €3,385 | +€1,885 | +126% |
| Other amounts payable | 47/48 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | - | €8,071 | +€8,071 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,268 | €31,415 | +€7,147 | +29.4% |
| Other operating charges | 640/8 | €12,245 | €25,498 | +€13,253 | +108% |
| Gross operating margin | 9900 | €65,194 | €86,759 | +€21,565 | +33.1% |
| Operating profit (loss) | 9901 | €28,681 | €21,775 | -€6,906 | -24.1% |
| Financial income | 75/76B | €1,407 | €1,460 | +€53 | +3.8% |
| Recurring financial income | 75 | €1,407 | €1,460 | +€53 | +3.8% |
| Financial charges | 65/66B | €1,928 | €2,455 | +€527 | +27.3% |
| Recurring financial charges | 65 | €1,928 | €2,455 | +€527 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €28,160 | €20,780 | -€7,380 | -26.2% |
| Income taxes | 67/77 | €8,088 | €6,082 | -€2,006 | -24.8% |
| Profit (loss) for the period | 9904 | €20,072 | €14,698 | -€5,374 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,072 | €14,698 | -€5,374 | -26.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.