KLEX: 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.
KLEX
Largest movements
- Cash -€3,188
down €3,188 (-78.7%), from €4,051 to €863
mainly Net result for the year (-€7,999) and Receivables within one year (-€2,668)
- Receivables within one year +€2,668
up €2,668 (+2.1%), from €128,119 to €130,787
of which Other amounts receivable: +€2,776
- Tangible fixed assets -€1,497
down €1,497 (-100.0%), from €1,497 to €0
- Reserves -€7,999
down €7,999 (-10.8%), from €74,338 to €66,339
of which Distributable reserves: -€7,999
- Other debts +€7,325
up €7,325 (+17.4%), from €42,064 to €49,389
- Debts after one year -€2,240
down €2,240 (-62.4%), from €3,587 to €1,348
- Gross operating margin +€7,826
up €7,826 (+59.9%), from -€13,056 to -€5,230
- Depreciation -€1,429
down €1,429 (-48.9%), from €2,926 to €1,497
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 | €133,667 | €131,650 | -€2,017 | -1.5% |
| Fixed assets | 21/28 | €1,497 | €0 | -€1,497 | -100.0% |
| Tangible fixed assets | 22/27 | €1,497 | €0 | -€1,497 | -100.0% |
| Furniture and vehicles | 24 | €1,497 | €0 | -€1,497 | -100.0% |
| Current assets | 29/58 | €132,170 | €131,650 | -€520 | -0.4% |
| Amounts receivable within one year | 40/41 | €128,119 | €130,787 | +€2,668 | +2.1% |
| Trade receivables | 40 | €108 | - | -€108 | |
| Other amounts receivable | 41 | €128,011 | €130,787 | +€2,776 | +2.2% |
| Cash at bank and in hand | 54/58 | €4,051 | €863 | -€3,188 | -78.7% |
| Total equity and liabilities | 10/49 | €133,667 | €131,650 | -€2,017 | -1.5% |
| Equity | 10/15 | €85,538 | €77,539 | -€7,999 | -9.4% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €74,338 | €66,339 | -€7,999 | -10.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €72,483 | €64,484 | -€7,999 | -11.0% |
| Amounts payable | 17/49 | €48,128 | €54,111 | +€5,982 | +12.4% |
| Amounts payable after more than one year | 17 | €3,587 | €1,348 | -€2,240 | -62.4% |
| Financial debts | 170/4 | €3,587 | €1,348 | -€2,240 | -62.4% |
| Amounts payable within one year | 42/48 | €44,541 | €52,763 | +€8,222 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €2,154 | €2,240 | +€86 | +4.0% |
| Trade debts | 44 | - | €864 | +€864 | |
| Suppliers | 440/4 | - | €864 | +€864 | |
| Taxes, remuneration and social security | 45 | €323 | €271 | -€52 | -16.2% |
| Taxes | 450/3 | €323 | €271 | -€52 | -16.2% |
| Other amounts payable | 47/48 | €42,064 | €49,389 | +€7,325 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,926 | €1,497 | -€1,429 | -48.9% |
| Other operating charges | 640/8 | €805 | €816 | +€11 | +1.3% |
| Gross operating margin | 9900 | -€13,056 | -€5,230 | +€7,826 | +59.9% |
| Operating profit (loss) | 9901 | -€16,787 | -€7,542 | +€9,245 | +55.1% |
| Financial charges | 65/66B | €389 | €318 | -€72 | -18.4% |
| Recurring financial charges | 65 | €389 | €318 | -€72 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,176 | -€7,860 | +€9,317 | +54.2% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€17,308 | -€7,999 | +€9,309 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,308 | -€7,999 | +€9,309 | +53.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.