KLH GROUP: 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.
KLH GROUP
Largest movements
- Receivables within one year +€261,504
up €261,504 (+218%), from €119,917 to €381,421
of which Other amounts receivable: +€220,504
- Tangible fixed assets -€57,328
down €57,328 (-5.9%), from €969,583 to €912,255
of which Land and buildings: -€49,895
- Profit (loss) carried forward +€495,906
up €495,906 (+519%), from €95,563 to €591,469
- Debts after one year -€282,643
down €282,643 (-47.8%), from €591,866 to €309,224
- Contributions -€250,000
down €250,000 (-27.2%), from €920,333 to €670,333
- Other debts +€239,717
up €239,717 (+258%), from €92,861 to €332,578
- Current portion of long-term debt -€22,378
down €22,378 (-47.7%), from €46,865 to €24,488
- Financial income +€489,907
up €489,907 (+525,990%), from €93 to €490,000
- Gross operating margin +€8,915
up €8,915 (+11.8%), from €75,256 to €84,172
- Depreciation +€1,297
up €1,297 (+2.3%), from €56,031 to €57,328
- Taxes +€1,045
new in 2025: €1,045
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 | €1,798,156 | €1,990,837 | +€192,681 | +10.7% |
| Fixed assets | 21/28 | €1,655,633 | €1,598,255 | -€57,378 | -3.5% |
| Tangible fixed assets | 22/27 | €969,583 | €912,255 | -€57,328 | -5.9% |
| Land and buildings | 22 | €940,006 | €890,110 | -€49,895 | -5.3% |
| Plant, machinery and equipment | 23 | €22,093 | €18,596 | -€3,497 | -15.8% |
| Furniture and vehicles | 24 | €7,484 | €3,549 | -€3,936 | -52.6% |
| Financial fixed assets | 28 | €686,050 | €686,000 | -€50 | 0.0% |
| Current assets | 29/58 | €142,523 | €392,582 | +€250,059 | +175% |
| Amounts receivable within one year | 40/41 | €119,917 | €381,421 | +€261,504 | +218% |
| Trade receivables | 40 | €34,305 | €75,305 | +€41,000 | +120% |
| Other amounts receivable | 41 | €85,612 | €306,116 | +€220,504 | +258% |
| Cash at bank and in hand | 54/58 | €20,980 | €11,161 | -€9,819 | -46.8% |
| Deferred charges and accrued income | 490/1 | €1,626 | - | -€1,626 | |
| Total equity and liabilities | 10/49 | €1,798,156 | €1,990,837 | +€192,681 | +10.7% |
| Equity | 10/15 | €1,066,563 | €1,312,469 | +€245,906 | +23.1% |
| Contributions | 10/11 | €920,333 | €670,333 | -€250,000 | -27.2% |
| Reserves | 13 | €50,667 | €50,667 | = | 0.0% |
| Distributable reserves | 133 | €50,667 | €50,667 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,563 | €591,469 | +€495,906 | +519% |
| Amounts payable | 17/49 | €731,593 | €678,368 | -€53,225 | -7.3% |
| Amounts payable after more than one year | 17 | €591,866 | €309,224 | -€282,643 | -47.8% |
| Financial debts | 170/4 | €591,866 | €309,224 | -€282,643 | -47.8% |
| Amounts payable within one year | 42/48 | €139,727 | €369,144 | +€229,418 | +164% |
| Current portion of amounts payable after more than one year | 42 | €46,865 | €24,488 | -€22,378 | -47.7% |
| Trade debts | 44 | - | €750 | +€750 | |
| Suppliers | 440/4 | - | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | - | €11,328 | +€11,328 | |
| Taxes | 450/3 | - | €11,328 | +€11,328 | |
| Other amounts payable | 47/48 | €92,861 | €332,578 | +€239,717 | +258% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,031 | €57,328 | +€1,297 | +2.3% |
| Other operating charges | 640/8 | €4,507 | €4,684 | +€178 | +3.9% |
| Gross operating margin | 9900 | €75,256 | €84,172 | +€8,915 | +11.8% |
| Operating profit (loss) | 9901 | €14,719 | €22,159 | +€7,441 | +50.6% |
| Financial income | 75/76B | €93 | €490,000 | +€489,907 | +525,990% |
| Recurring financial income | 75 | €93 | €490,000 | +€489,907 | +525,990% |
| Financial charges | 65/66B | €15,786 | €15,208 | -€578 | -3.7% |
| Recurring financial charges | 65 | €15,786 | €15,208 | -€578 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€974 | €496,951 | +€497,926 | |
| Income taxes | 67/77 | - | €1,045 | +€1,045 | |
| Profit (loss) for the period | 9904 | -€974 | €495,906 | +€496,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€974 | €495,906 | +€496,880 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.