KLK: 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.
KLK
Largest movements
- Tangible fixed assets -€300,209
down €300,209 (-100.0%), from €300,209 to €0
- Cash -€25,191
down €25,191 (-42.9%), from €58,684 to €33,493
mainly Other debts (-€314,040) and Receivables within one year (-€18,613)
- Receivables within one year +€18,613
up €18,613 (+265.7%), from €7,007 to €25,620
of which Trade receivables: +€24,620
- Other debts -€314,040
down €314,040 (-100.0%), from €314,040 to €0
- Provisions +€7,135
new in 2026: €7,135
- Gross operating margin -€59,742
down €59,742 (-85.8%), from €69,613 to €9,871
- Depreciation -€10,352
down €10,352 (-100.0%), from €10,352 to €0
- Taxes -€6,755
down €6,755, from €5,993 to -€761
- Financial charges -€4,879
down €4,879 (-98.8%), from €4,939 to €60
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.
Cash bridge derived
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 | €366,068 | €59,261 | -€306,807 | -83.8% |
| Fixed assets | 21/28 | €300,209 | €0 | -€300,209 | -100.0% |
| Tangible fixed assets | 22/27 | €300,209 | €0 | -€300,209 | -100.0% |
| Land and buildings | 22 | €300,209 | €0 | -€300,209 | -100.0% |
| Current assets | 29/58 | €65,859 | €59,261 | -€6,598 | -10.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €7,007 | €25,620 | +€18,613 | +265.7% |
| Trade receivables | 40 | €0 | €24,620 | +€24,620 | |
| Other amounts receivable | 41 | €7,007 | €1,000 | -€6,007 | -85.7% |
| Cash at bank and in hand | 54/58 | €58,684 | €33,493 | -€25,191 | -42.9% |
| Deferred charges and accrued income | 490/1 | €169 | €149 | -€20 | -12.1% |
| Total equity and liabilities | 10/49 | €366,068 | €59,261 | -€306,807 | -83.8% |
| Equity | 10/15 | €51,849 | €49,991 | -€1,858 | -3.6% |
| Contributions | 10/11 | €40,400 | €40,400 | = | 0.0% |
| Reserves | 13 | €11,449 | €11,449 | = | 0.0% |
| Distributable reserves | 133 | €11,449 | €11,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,858 | -€1,858 | |
| Provisions and deferred taxes | 16 | - | €7,135 | +€7,135 | |
| Provisions for liabilities and charges | 160/5 | - | €7,135 | +€7,135 | |
| Other liabilities and charges | 164/5 | - | €7,135 | +€7,135 | |
| Amounts payable | 17/49 | €314,219 | €2,136 | -€312,084 | -99.3% |
| Amounts payable within one year | 42/48 | €314,219 | €2,136 | -€312,084 | -99.3% |
| Trade debts | 44 | €180 | €2,136 | +€1,956 | +1087.9% |
| Suppliers | 440/4 | €180 | €2,136 | +€1,956 | +1087.9% |
| Other amounts payable | 47/48 | €314,040 | €0 | -€314,040 | -100.0% |
| Non-recurring operating income | 76A | €74,874 | €0 | -€74,874 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,352 | €0 | -€10,352 | -100.0% |
| Other operating charges | 640/8 | €2,213 | €2,226 | +€13 | +0.6% |
| Non-recurring operating charges | 66A | - | €10,209 | +€10,209 | |
| Gross operating margin | 9900 | €69,613 | €9,871 | -€59,742 | -85.8% |
| Operating profit (loss) | 9901 | €57,048 | -€2,564 | -€59,612 | |
| Financial income | 75/76B | €0 | €5 | +€5 | +1804.0% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1804.0% |
| Financial charges | 65/66B | €4,939 | €60 | -€4,879 | -98.8% |
| Recurring financial charges | 65 | €4,939 | €60 | -€4,879 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €52,109 | -€2,619 | -€54,728 | |
| Income taxes | 67/77 | €5,993 | -€761 | -€6,755 | |
| Profit (loss) for the period | 9904 | €46,115 | -€1,858 | -€47,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,115 | -€1,858 | -€47,973 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.