KLINKUP: 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.
KLINKUP
Largest movements
- Receivables within one year +€34,196
up €34,196 (+74.1%), from €46,155 to €80,351
of which Trade receivables: +€41,648
- Tangible fixed assets -€12,057
down €12,057 (-5.5%), from €217,636 to €205,579
of which Plant, machinery and equipment: -€14,183
- Reserves +€67,964
up €67,964 (+66.9%), from €101,582 to €169,546
of which Distributable reserves: +€67,964
- Other debts -€51,649
down €51,649 (-53.2%), from €97,064 to €45,415
- Tax, wage and social debts +€13,255
up €13,255 (+359.8%), from €3,684 to €16,939
of which Taxes: +€13,179
- Debts after one year -€10,453
down €10,453 (-7.0%), from €148,950 to €138,496
- Trade debts +€6,704
up €6,704 (+94.6%), from €7,086 to €13,790
- Gross operating margin +€41,530
up €41,530 (+27.0%), from €153,678 to €195,207
- Taxes +€12,147
up €12,147 (+86.4%), from €14,062 to €26,209
- Staff costs +€11,928
up €11,928 (+27.1%), from €44,090 to €56,017
- Depreciation -€8,965
down €8,965 (-21.5%), from €41,756 to €32,791
- Financial charges -€2,293
down €2,293 (-18.6%), from €12,344 to €10,051
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 | €385,935 | €411,116 | +€25,182 | +6.5% |
| Fixed assets | 21/28 | €218,836 | €206,984 | -€11,852 | -5.4% |
| Tangible fixed assets | 22/27 | €217,636 | €205,579 | -€12,057 | -5.5% |
| Land and buildings | 22 | €181,836 | €173,263 | -€8,573 | -4.7% |
| Plant, machinery and equipment | 23 | €28,376 | €14,193 | -€14,183 | -50.0% |
| Furniture and vehicles | 24 | €7,424 | €8,123 | +€699 | +9.4% |
| Assets under construction and advance payments | 27 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | €1,200 | €1,405 | +€205 | +17.1% |
| Current assets | 29/58 | €167,099 | €204,132 | +€37,034 | +22.2% |
| Stocks and contracts in progress | 3 | €29,165 | €25,828 | -€3,337 | -11.4% |
| Stocks | 30/36 | €29,165 | €25,828 | -€3,337 | -11.4% |
| Amounts receivable within one year | 40/41 | €46,155 | €80,351 | +€34,196 | +74.1% |
| Trade receivables | 40 | €27,082 | €68,730 | +€41,648 | +153.8% |
| Other amounts receivable | 41 | €19,073 | €11,621 | -€7,452 | -39.1% |
| Cash at bank and in hand | 54/58 | €83,405 | €86,357 | +€2,951 | +3.5% |
| Deferred charges and accrued income | 490/1 | €8,373 | €11,597 | +€3,224 | +38.5% |
| Total equity and liabilities | 10/49 | €385,935 | €411,116 | +€25,182 | +6.5% |
| Equity | 10/15 | €118,915 | €186,022 | +€67,107 | +56.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,582 | €169,546 | +€67,964 | +66.9% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €100,962 | €168,926 | +€67,964 | +67.3% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Investment grants | 15 | €11,133 | €10,276 | -€856 | -7.7% |
| Amounts payable | 17/49 | €267,020 | €225,094 | -€41,925 | -15.7% |
| Amounts payable after more than one year | 17 | €148,950 | €138,496 | -€10,453 | -7.0% |
| Financial debts | 170/4 | €148,950 | €138,496 | -€10,453 | -7.0% |
| Amounts payable within one year | 42/48 | €118,070 | €86,598 | -€31,472 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €10,236 | €10,453 | +€217 | +2.1% |
| Trade debts | 44 | €7,086 | €13,790 | +€6,704 | +94.6% |
| Suppliers | 440/4 | €7,086 | €13,790 | +€6,704 | +94.6% |
| Taxes, remuneration and social security | 45 | €3,684 | €16,939 | +€13,255 | +359.8% |
| Taxes | 450/3 | €284 | €13,463 | +€13,179 | +4647.6% |
| Remuneration and social security | 454/9 | €3,400 | €3,476 | +€76 | +2.2% |
| Other amounts payable | 47/48 | €97,064 | €45,415 | -€51,649 | -53.2% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €44,090 | €56,017 | +€11,928 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,756 | €32,791 | -€8,965 | -21.5% |
| Other operating charges | 640/8 | €4,145 | €3,037 | -€1,108 | -26.7% |
| Gross operating margin | 9900 | €153,678 | €195,207 | +€41,530 | +27.0% |
| Operating profit (loss) | 9901 | €63,687 | €103,362 | +€39,674 | +62.3% |
| Financial income | 75/76B | €1,151 | €862 | -€289 | -25.1% |
| Recurring financial income | 75 | €1,151 | €862 | -€289 | -25.1% |
| Financial charges | 65/66B | €12,344 | €10,051 | -€2,293 | -18.6% |
| Recurring financial charges | 65 | €12,344 | €10,051 | -€2,293 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €52,495 | €94,173 | +€41,678 | +79.4% |
| Income taxes | 67/77 | €14,062 | €26,209 | +€12,147 | +86.4% |
| Profit (loss) for the period | 9904 | €38,433 | €67,964 | +€29,531 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,433 | €67,964 | +€29,531 | +76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.