KLEWARE PROJECTS: 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.
KLEWARE PROJECTS
Largest movements
- Cash +€39,238
up €39,238 (+111.2%), from €35,295 to €74,533
mainly Net result for the year (+€45,632) and Deferred charges and accrued income (+€10,151)
- Deferred charges and accrued income -€10,151
down €10,151 (-56.6%), from €17,920 to €7,769
- Receivables within one year +€1,383
up €1,383 (+10.6%), from €13,042 to €14,424
of which Other amounts receivable: +€1,382
- Reserves +€30,000
up €30,000 (+152.4%), from €19,681 to €49,681
of which Distributable reserves: +€30,000
- Advances received -€22,315
down €22,315 (-76.1%), from €29,315 to €7,000
- Profit (loss) carried forward +€15,632
up €15,632 (+76.0%), from -€20,578 to -€4,946
- Trade debts +€9,106
up €9,106 (+52.4%), from €17,387 to €26,492
- Other debts -€2,128
down €2,128 (-13.5%), from €15,792 to €13,664
- Gross operating margin +€57,736
up €57,736, from -€5,100 to €52,636
- Taxes +€5,000
new in 2025: €5,000
- Depreciation +€1,734
up €1,734, from €0 to €1,734
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 | €69,578 | €100,772 | +€31,194 | +44.8% |
| Fixed assets | 21/28 | €3,322 | €4,046 | +€724 | +21.8% |
| Tangible fixed assets | 22/27 | €3,322 | €4,046 | +€724 | +21.8% |
| Plant, machinery and equipment | 23 | €3,322 | €4,046 | +€724 | +21.8% |
| Current assets | 29/58 | €66,256 | €96,727 | +€30,470 | +46.0% |
| Amounts receivable within one year | 40/41 | €13,042 | €14,424 | +€1,383 | +10.6% |
| Trade receivables | 40 | €13,042 | €13,043 | +€1 | 0.0% |
| Other amounts receivable | 41 | €0 | €1,382 | +€1,382 | |
| Cash at bank and in hand | 54/58 | €35,295 | €74,533 | +€39,238 | +111.2% |
| Deferred charges and accrued income | 490/1 | €17,920 | €7,769 | -€10,151 | -56.6% |
| Total equity and liabilities | 10/49 | €69,578 | €100,772 | +€31,194 | +44.8% |
| Equity | 10/15 | €6,539 | €52,171 | +€45,632 | +697.8% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €19,681 | €49,681 | +€30,000 | +152.4% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €17,698 | €47,698 | +€30,000 | +169.5% |
| Profit (loss) carried forward | 14 | -€20,578 | -€4,946 | +€15,632 | +76.0% |
| Amounts payable | 17/49 | €63,039 | €48,601 | -€14,438 | -22.9% |
| Amounts payable within one year | 42/48 | €63,039 | €47,156 | -€15,882 | -25.2% |
| Trade debts | 44 | €17,387 | €26,492 | +€9,106 | +52.4% |
| Suppliers | 440/4 | €17,387 | €26,492 | +€9,106 | +52.4% |
| Advances received on contracts in progress | 46 | €29,315 | €7,000 | -€22,315 | -76.1% |
| Taxes, remuneration and social security | 45 | €545 | - | -€545 | |
| Taxes | 450/3 | €545 | - | -€545 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €15,792 | €13,664 | -€2,128 | -13.5% |
| Accrued charges and deferred income | 492/3 | - | €1,445 | +€1,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,734 | +€1,734 | |
| Other operating charges | 640/8 | €150 | €0 | -€150 | -100.0% |
| Gross operating margin | 9900 | -€5,100 | €52,636 | +€57,736 | |
| Operating profit (loss) | 9901 | -€5,250 | €50,902 | +€56,152 | |
| Financial income | 75/76B | €1 | €2 | +€0 | +27.3% |
| Recurring financial income | 75 | €1 | €2 | +€0 | +27.3% |
| Financial charges | 65/66B | €74 | €271 | +€198 | +267.9% |
| Recurring financial charges | 65 | €74 | €271 | +€198 | +267.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,323 | €50,632 | +€55,955 | |
| Income taxes | 67/77 | - | €5,000 | +€5,000 | |
| Profit (loss) for the period | 9904 | -€5,323 | €45,632 | +€50,955 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,323 | €45,632 | +€50,955 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.