KLOECK: what changed
What changed
KLOECK
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€1,600
2024 · €302,406-€300,806
Equity
€1.3m
2024 · €1.3m+€1,600
Cash
€324,537
2024 · €354,992-€30,455
Balance sheet total
€2.1m
2024 · €2.1m-€59,411
Largest movements
Assets
- Current investments -€75,000
down €75,000 (-7.7%), from €969,577 to €894,577
- Cash -€30,455
down €30,455 (-8.6%), from €354,992 to €324,537
mainly Investment in fixed assets (net) (-€80,202) and Debts after one year (-€53,278)
- Financial fixed assets +€23,500
up €23,500 (+45.0%), from €52,250 to €75,750
Equity and liabilities
- Debts after one year -€53,278
down €53,278 (-8.7%), from €614,652 to €561,374
Income statement
- Gross operating margin -€181,969
down €181,969 (-41.9%), from €433,799 to €251,830
- Other operating charges +€126,792
up €126,792 (+4,304%), from €2,946 to €129,738
- Taxes -€69,278
down €69,278 (-61.2%), from €113,166 to €43,889
- Financial income -€41,095
down €41,095 (-52.6%), from €78,098 to €37,004
- Depreciation +€11,153
up €11,153 (+20.2%), from €55,290 to €66,443
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€302,406
Gross operating margin
-€181,969
Depreciation
-€11,153
Other operating charges
-€126,792
Financial income
-€41,095
Financial charges
-€9,074
Taxes
+€69,278
Result 2025
€1,600
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€27,285
Investment
-€5,202
Financing
-€52,538
Cash 2024
€354,992
From operations (derived)
+€27,285
Net result for the year
+€1,600
Depreciation
+€66,443
Receivables after one year
-€20,000
Receivables within one year
-€18,267
Deferred charges and accrued income
+€5,981
Trade debts
+€4,996
Tax, wage and social debts
-€2,757
Other debts
-€7,984
Accrued charges and deferred income
-€2,727
Investment (derived)
-€5,202
Investment in fixed assets (net)
-€80,202
Current investments
+€75,000
Financing
-€52,538
Debts after one year
-€53,278
Current portion of long-term debt
+€740
Cash 2025
€324,537
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,126,155 | €2,066,744 | -€59,411 | -2.8% |
| Fixed assets | 21/28 | €752,456 | €766,215 | +€13,759 | +1.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €700,206 | €690,465 | -€9,741 | -1.4% |
| Land and buildings | 22 | €678,223 | €630,921 | -€47,302 | -7.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €21,983 | €59,544 | +€37,561 | +171% |
| Financial fixed assets | 28 | €52,250 | €75,750 | +€23,500 | +45.0% |
| Current assets | 29/58 | €1,373,699 | €1,300,530 | -€73,169 | -5.3% |
| Amounts receivable after more than one year | 29 | €15,000 | €35,000 | +€20,000 | +133% |
| Other amounts receivable | 291 | €15,000 | €35,000 | +€20,000 | +133% |
| Amounts receivable within one year | 40/41 | €25,410 | €43,677 | +€18,267 | +71.9% |
| Trade receivables | 40 | €25,410 | €35,937 | +€10,527 | +41.4% |
| Other amounts receivable | 41 | - | €7,740 | +€7,740 | |
| Current investments | 50/53 | €969,577 | €894,577 | -€75,000 | -7.7% |
| Cash at bank and in hand | 54/58 | €354,992 | €324,537 | -€30,455 | -8.6% |
| Deferred charges and accrued income | 490/1 | €8,720 | €2,739 | -€5,981 | -68.6% |
| Total equity and liabilities | 10/49 | €2,126,155 | €2,066,744 | -€59,411 | -2.8% |
| Equity | 10/15 | €1,287,536 | €1,289,136 | +€1,600 | +0.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,212,536 | €1,214,136 | +€1,600 | +0.1% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €1,205,036 | €1,206,636 | +€1,600 | +0.1% |
| Amounts payable | 17/49 | €838,619 | €777,609 | -€61,010 | -7.3% |
| Amounts payable after more than one year | 17 | €614,652 | €561,374 | -€53,278 | -8.7% |
| Financial debts | 170/4 | €614,652 | €561,374 | -€53,278 | -8.7% |
| Amounts payable within one year | 42/48 | €193,892 | €188,886 | -€5,005 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €52,538 | €53,278 | +€740 | +1.4% |
| Trade debts | 44 | €1,226 | €6,222 | +€4,996 | +408% |
| Suppliers | 440/4 | €1,226 | €6,222 | +€4,996 | +408% |
| Taxes, remuneration and social security | 45 | €22,834 | €20,076 | -€2,757 | -12.1% |
| Taxes | 450/3 | €22,834 | €20,076 | -€2,757 | -12.1% |
| Other amounts payable | 47/48 | €117,294 | €109,310 | -€7,984 | -6.8% |
| Accrued charges and deferred income | 492/3 | €30,075 | €27,348 | -€2,727 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,290 | €66,443 | +€11,153 | +20.2% |
| Other operating charges | 640/8 | €2,946 | €129,738 | +€126,792 | +4,304% |
| Gross operating margin | 9900 | €433,799 | €251,830 | -€181,969 | -41.9% |
| Operating profit (loss) | 9901 | €375,563 | €55,648 | -€319,915 | -85.2% |
| Financial income | 75/76B | €78,098 | €37,004 | -€41,095 | -52.6% |
| Recurring financial income | 75 | €78,098 | €37,004 | -€41,095 | -52.6% |
| Financial charges | 65/66B | €38,089 | €47,163 | +€9,074 | +23.8% |
| Recurring financial charges | 65 | €38,089 | €32,163 | -€5,926 | -15.6% |
| Non-recurring financial charges | 66B | - | €15,000 | +€15,000 | |
| Profit (loss) for the period before taxes | 9903 | €415,572 | €45,488 | -€370,084 | -89.1% |
| Income taxes | 67/77 | €113,166 | €43,889 | -€69,278 | -61.2% |
| Profit (loss) for the period | 9904 | €302,406 | €1,600 | -€300,806 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €302,406 | €1,600 | -€300,806 | -99.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.