KLINKERS: 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.
KLINKERS
Largest movements
- Cash +€76,817
up €76,817 (+714.3%), from €10,754 to €87,571
mainly Receivables within one year (+€55,640) and Net result for the year (+€18,329)
- Receivables within one year -€55,640
down €55,640 (-68.5%), from €81,235 to €25,596
of which Trade receivables: -€59,827
- Tangible fixed assets -€9,624
down €9,624 (-15.5%), from €62,231 to €52,606
of which Other tangible fixed assets: -€9,558
- Stocks and contracts -€3,530
down €3,530 (-66.1%), from €5,340 to €1,810
- Debts after one year -€10,588
down €10,588 (-21.4%), from €49,480 to €38,892
- Profit (loss) carried forward +€9,651
up €9,651, from -€9,651 to €0
- Reserves +€8,678
up €8,678 (+19.0%), from €45,586 to €54,264
- Trade debts -€6,475
down €6,475 (-29.1%), from €22,224 to €15,749
- Accrued charges and deferred income +€4,750
new in 2025: €4,750
- Gross operating margin +€21,012
up €21,012 (+101.0%), from €20,795 to €41,807
- Taxes +€3,285
up €3,285 (+944.2%), from €348 to €3,633
- Depreciation +€945
up €945 (+8.5%), from €11,130 to €12,074
- Financial charges -€854
down €854 (-13.2%), from €6,480 to €5,626
- Financial income +€571
up €571 (+90.5%), from €631 to €1,202
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 | €168,011 | €176,307 | +€8,295 | +4.9% |
| Fixed assets | 21/28 | €67,671 | €58,046 | -€9,624 | -14.2% |
| Tangible fixed assets | 22/27 | €62,231 | €52,606 | -€9,624 | -15.5% |
| Plant, machinery and equipment | 23 | €3,264 | €4,712 | +€1,448 | +44.4% |
| Furniture and vehicles | 24 | €3,876 | €2,362 | -€1,515 | -39.1% |
| Other tangible fixed assets | 26 | €55,091 | €45,533 | -€9,558 | -17.3% |
| Financial fixed assets | 28 | €5,440 | €5,440 | = | 0.0% |
| Current assets | 29/58 | €100,341 | €118,260 | +€17,920 | +17.9% |
| Stocks and contracts in progress | 3 | €5,340 | €1,810 | -€3,530 | -66.1% |
| Stocks | 30/36 | €5,340 | €1,810 | -€3,530 | -66.1% |
| Amounts receivable within one year | 40/41 | €81,235 | €25,596 | -€55,640 | -68.5% |
| Trade receivables | 40 | €70,545 | €10,718 | -€59,827 | -84.8% |
| Other amounts receivable | 41 | €10,690 | €14,878 | +€4,187 | +39.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,754 | €87,571 | +€76,817 | +714.3% |
| Deferred charges and accrued income | 490/1 | €3,012 | €3,284 | +€272 | +9.0% |
| Total equity and liabilities | 10/49 | €168,011 | €176,307 | +€8,295 | +4.9% |
| Equity | 10/15 | €85,935 | €104,264 | +€18,329 | +21.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €45,586 | €54,264 | +€8,678 | +19.0% |
| Distributable reserves | 133 | €45,586 | €54,264 | +€8,678 | +19.0% |
| Profit (loss) carried forward | 14 | -€9,651 | €0 | +€9,651 | |
| Amounts payable | 17/49 | €82,076 | €72,043 | -€10,034 | -12.2% |
| Amounts payable after more than one year | 17 | €49,480 | €38,892 | -€10,588 | -21.4% |
| Financial debts | 170/4 | €49,480 | €38,892 | -€10,588 | -21.4% |
| Amounts payable within one year | 42/48 | €32,597 | €28,401 | -€4,196 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €10,364 | €10,588 | +€224 | +2.2% |
| Financial debts | 43 | €9 | €9 | = | 0.0% |
| Credit institutions | 430/8 | €9 | €9 | = | 0.0% |
| Trade debts | 44 | €22,224 | €15,749 | -€6,475 | -29.1% |
| Suppliers | 440/4 | €22,224 | €15,749 | -€6,475 | -29.1% |
| Taxes, remuneration and social security | 45 | - | €2,055 | +€2,055 | |
| Taxes | 450/3 | - | €155 | +€155 | |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Accrued charges and deferred income | 492/3 | - | €4,750 | +€4,750 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €146 | €0 | -€146 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,130 | €12,074 | +€945 | +8.5% |
| Other operating charges | 640/8 | €3,504 | €3,346 | -€158 | -4.5% |
| Gross operating margin | 9900 | €20,795 | €41,807 | +€21,012 | +101.0% |
| Operating profit (loss) | 9901 | €6,015 | €26,386 | +€20,371 | +338.6% |
| Financial income | 75/76B | €631 | €1,202 | +€571 | +90.5% |
| Recurring financial income | 75 | €631 | €1,202 | +€571 | +90.5% |
| Financial charges | 65/66B | €6,480 | €5,626 | -€854 | -13.2% |
| Recurring financial charges | 65 | €6,480 | €5,626 | -€854 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €166 | €21,962 | +€21,796 | +13141.3% |
| Income taxes | 67/77 | €348 | €3,633 | +€3,285 | +944.2% |
| Profit (loss) for the period | 9904 | -€182 | €18,329 | +€18,511 | |
| Profit (loss) for the period to be appropriated | 9905 | -€182 | €18,329 | +€18,511 |
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 10 October 2026 via checked.be.