KLIPCO: 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.
KLIPCO
Largest movements
- Receivables within one year -€540,533
down €540,533 (-69.7%), from €775,504 to €234,971
of which Other amounts receivable: -€535,283
- Current investments +€109,218
up €109,218 (+5.5%), from €2.0m to €2.1m
- Tangible fixed assets -€40,653
down €40,653 (-6.9%), from €591,750 to €551,096
of which Furniture and vehicles: -€23,808
- Other debts -€290,316
down €290,316 (-61.6%), from €471,613 to €181,297
- Reserves -€205,050
down €205,050 (-11.6%), from €1.8m to €1.6m
- Gross operating margin +€155,070
up €155,070, from -€88,585 to €66,486
- Financial income +€46,478
up €46,478 (+33.5%), from €138,725 to €185,203
of which Financial income: +€46,478
- Taxes +€15,941
up €15,941 (+3,147%), from €507 to €16,448
- Financial charges +€2,206
up €2,206 (+7.7%), from €28,711 to €30,916
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 | €3,451,820 | €2,981,890 | -€469,930 | -13.6% |
| Fixed assets | 21/28 | €591,750 | €551,096 | -€40,653 | -6.9% |
| Tangible fixed assets | 22/27 | €591,750 | €551,096 | -€40,653 | -6.9% |
| Land and buildings | 22 | €517,940 | €501,652 | -€16,288 | -3.1% |
| Plant, machinery and equipment | 23 | €2,007 | €1,450 | -€557 | -27.8% |
| Furniture and vehicles | 24 | €71,803 | €47,994 | -€23,808 | -33.2% |
| Current assets | 29/58 | €2,860,070 | €2,430,794 | -€429,276 | -15.0% |
| Amounts receivable within one year | 40/41 | €775,504 | €234,971 | -€540,533 | -69.7% |
| Trade receivables | 40 | €5,250 | €0 | -€5,250 | -100% |
| Other amounts receivable | 41 | €770,254 | €234,971 | -€535,283 | -69.5% |
| Current investments | 50/53 | €1,983,419 | €2,092,637 | +€109,218 | +5.5% |
| Cash at bank and in hand | 54/58 | €100,273 | €101,482 | +€1,209 | +1.2% |
| Deferred charges and accrued income | 490/1 | €874 | €1,704 | +€830 | +95.0% |
| Total equity and liabilities | 10/49 | €3,451,820 | €2,981,890 | -€469,930 | -13.6% |
| Equity | 10/15 | €2,971,370 | €2,766,321 | -€205,050 | -6.9% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €1,772,593 | €1,567,544 | -€205,050 | -11.6% |
| Distributable reserves | 133 | €1,772,593 | €1,567,544 | -€205,050 | -11.6% |
| Profit (loss) carried forward | 14 | €973,777 | €973,777 | = | 0.0% |
| Amounts payable | 17/49 | €480,450 | €215,570 | -€264,880 | -55.1% |
| Amounts payable within one year | 42/48 | €479,491 | €205,580 | -€273,911 | -57.1% |
| Trade debts | 44 | €676 | €179 | -€497 | -73.5% |
| Suppliers | 440/4 | €676 | €179 | -€497 | -73.5% |
| Taxes, remuneration and social security | 45 | €7,202 | €24,105 | +€16,903 | +235% |
| Taxes | 450/3 | €1,249 | €21,095 | +€19,846 | +1,589% |
| Remuneration and social security | 454/9 | €5,953 | €3,009 | -€2,944 | -49.5% |
| Other amounts payable | 47/48 | €471,613 | €181,297 | -€290,316 | -61.6% |
| Accrued charges and deferred income | 492/3 | €959 | €9,989 | +€9,031 | +942% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,653 | €40,653 | = | 0.0% |
| Other operating charges | 640/8 | €4,027 | €4,084 | +€57 | +1.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€88,585 | €66,486 | +€155,070 | |
| Operating profit (loss) | 9901 | -€133,265 | €21,748 | +€155,013 | |
| Financial income | 75/76B | €138,725 | €185,203 | +€46,478 | +33.5% |
| Recurring financial income | 75 | €138,725 | €185,203 | +€46,478 | +33.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €28,711 | €30,916 | +€2,206 | +7.7% |
| Recurring financial charges | 65 | €28,711 | €30,916 | +€2,206 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,251 | €176,035 | +€199,285 | |
| Income taxes | 67/77 | €507 | €16,448 | +€15,941 | +3,147% |
| Profit (loss) for the period | 9904 | -€23,757 | €159,587 | +€183,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,757 | €159,587 | +€183,344 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.