KLINGDIS: 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.
KLINGDIS
Largest movements
- Tangible fixed assets +€560,223
up €560,223 (+237%), from €236,164 to €796,387
of which Land and buildings: +€556,888
- Cash -€417,511
down €417,511 (-92.8%), from €449,910 to €32,399
mainly Investment in fixed assets (net) (-€601,195) and Trade debts (-€2,570)
- Receivables within one year -€52,000
no longer reported in 2026 (was €52,000)
- Other debts +€46,490
up €46,490 (+5.7%), from €812,538 to €859,028
- Debts after one year +€31,935
new in 2026: €31,935
- Current portion of long-term debt +€9,593
new in 2026: €9,593
- Depreciation +€21,484
up €21,484 (+110%), from €19,487 to €40,972
- Gross operating margin +€17,143
up €17,143 (+48.1%), from €35,627 to €52,770
- Financial charges +€2,180
up €2,180 (+5,012%), from €44 to €2,224
of which Financial charges: +€2,180
- Other operating charges +€1,692
up €1,692 (+96.9%), from €1,746 to €3,439
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €738,074 | €829,659 | +€91,584 | +12.4% |
| Fixed assets | 21/28 | €236,164 | €796,387 | +€560,223 | +237% |
| Tangible fixed assets | 22/27 | €236,164 | €796,387 | +€560,223 | +237% |
| Land and buildings | 22 | €233,351 | €790,240 | +€556,888 | +239% |
| Plant, machinery and equipment | 23 | €1,608 | €1,128 | -€480 | -29.8% |
| Furniture and vehicles | 24 | €1,205 | €5,020 | +€3,814 | +316% |
| Current assets | 29/58 | €501,910 | €33,271 | -€468,639 | -93.4% |
| Amounts receivable within one year | 40/41 | €52,000 | - | -€52,000 | |
| Other amounts receivable | 41 | €52,000 | - | -€52,000 | |
| Cash at bank and in hand | 54/58 | €449,910 | €32,399 | -€417,511 | -92.8% |
| Deferred charges and accrued income | 490/1 | - | €872 | +€872 | |
| Total equity and liabilities | 10/49 | €738,074 | €829,659 | +€91,584 | +12.4% |
| Equity | 10/15 | -€77,384 | -€71,248 | +€6,136 | +7.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,584 | -€139,448 | +€6,136 | +4.2% |
| Amounts payable | 17/49 | €815,459 | €900,907 | +€85,448 | +10.5% |
| Amounts payable after more than one year | 17 | - | €31,935 | +€31,935 | |
| Financial debts | 170/4 | - | €31,935 | +€31,935 | |
| Amounts payable within one year | 42/48 | €815,459 | €868,972 | +€53,513 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,593 | +€9,593 | |
| Trade debts | 44 | €2,921 | €351 | -€2,570 | -88.0% |
| Suppliers | 440/4 | €2,921 | €351 | -€2,570 | -88.0% |
| Other amounts payable | 47/48 | €812,538 | €859,028 | +€46,490 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,487 | €40,972 | +€21,484 | +110% |
| Other operating charges | 640/8 | €1,746 | €3,439 | +€1,692 | +96.9% |
| Gross operating margin | 9900 | €35,627 | €52,770 | +€17,143 | +48.1% |
| Operating profit (loss) | 9901 | €14,394 | €8,360 | -€6,034 | -41.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €2,224 | +€2,180 | +5,012% |
| Recurring financial charges | 65 | €44 | €2,224 | +€2,180 | +5,012% |
| Non-recurring financial charges | 66B | €44 | - | -€44 | |
| Profit (loss) for the period before taxes | 9903 | €14,350 | €6,136 | -€8,214 | -57.2% |
| Profit (loss) for the period | 9904 | €14,350 | €6,136 | -€8,214 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,350 | €6,136 | -€8,214 | -57.2% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.