KLOEN: 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.
KLOEN
Largest movements
- Tangible fixed assets -€7,935
down €7,935 (-35.6%), from €22,311 to €14,376
- Cash +€7,773
up €7,773 (+3.1%), from €250,266 to €258,039
mainly Other debts (+€10,000) and Depreciation (+€7,935)
- Receivables within one year +€6,102
up €6,102 (+79.0%), from €7,721 to €13,823
of which Other amounts receivable: +€8,000
- Reserves -€10,000
down €10,000 (-5.9%), from €169,859 to €159,859
- Other debts +€10,000
new in 2025: €10,000
- Trade debts +€7,757
up €7,757 (+1731.5%), from €448 to €8,205
- Gross operating margin -€23,771
down €23,771 (-29.9%), from €79,526 to €55,756
- Taxes -€5,322
down €5,322 (-60.3%), from €8,824 to €3,502
- Financial income +€3,158
up €3,158 (+329.1%), from €960 to €4,117
- Financial charges +€1,845
up €1,845 (+154.0%), from €1,198 to €3,043
- Staff costs +€1,818
up €1,818 (+4.1%), from €44,232 to €46,050
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 | €302,516 | €307,865 | +€5,349 | +1.8% |
| Fixed assets | 21/28 | €28,086 | €20,151 | -€7,935 | -28.3% |
| Tangible fixed assets | 22/27 | €22,311 | €14,376 | -€7,935 | -35.6% |
| Furniture and vehicles | 24 | €22,311 | €14,376 | -€7,935 | -35.6% |
| Financial fixed assets | 28 | €5,775 | €5,775 | = | 0.0% |
| Current assets | 29/58 | €274,431 | €287,714 | +€13,284 | +4.8% |
| Stocks and contracts in progress | 3 | €16,443 | €15,852 | -€591 | -3.6% |
| Stocks | 30/36 | €16,443 | €15,852 | -€591 | -3.6% |
| Amounts receivable within one year | 40/41 | €7,721 | €13,823 | +€6,102 | +79.0% |
| Trade receivables | 40 | €2,721 | €823 | -€1,898 | -69.8% |
| Other amounts receivable | 41 | €5,000 | €13,000 | +€8,000 | +160.0% |
| Cash at bank and in hand | 54/58 | €250,266 | €258,039 | +€7,773 | +3.1% |
| Total equity and liabilities | 10/49 | €302,516 | €307,865 | +€5,349 | +1.8% |
| Equity | 10/15 | €291,173 | €278,459 | -€12,715 | -4.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €169,859 | €159,859 | -€10,000 | -5.9% |
| Non-distributable reserves | 130/1 | €169,859 | €159,859 | -€10,000 | -5.9% |
| Reserves not available under the articles | 1311 | €169,859 | €159,859 | -€10,000 | -5.9% |
| Profit (loss) carried forward | 14 | €102,722 | €100,007 | -€2,715 | -2.6% |
| Amounts payable | 17/49 | €11,343 | €29,407 | +€18,064 | +159.3% |
| Amounts payable within one year | 42/48 | €11,343 | €29,407 | +€18,064 | +159.3% |
| Trade debts | 44 | €448 | €8,205 | +€7,757 | +1731.5% |
| Suppliers | 440/4 | €448 | €8,205 | +€7,757 | +1731.5% |
| Taxes, remuneration and social security | 45 | €10,895 | €11,202 | +€307 | +2.8% |
| Taxes | 450/3 | €9,090 | €8,308 | -€782 | -8.6% |
| Remuneration and social security | 454/9 | €1,805 | €2,893 | +€1,088 | +60.3% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €44,232 | €46,050 | +€1,818 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,935 | €7,935 | = | 0.0% |
| Other operating charges | 640/8 | €2,020 | €2,058 | +€38 | +1.9% |
| Gross operating margin | 9900 | €79,526 | €55,756 | -€23,771 | -29.9% |
| Operating profit (loss) | 9901 | €25,340 | -€287 | -€25,626 | |
| Financial income | 75/76B | €960 | €4,117 | +€3,158 | +329.1% |
| Recurring financial income | 75 | €960 | €4,117 | +€3,158 | +329.1% |
| Financial charges | 65/66B | €1,198 | €3,043 | +€1,845 | +154.0% |
| Recurring financial charges | 65 | €1,198 | €3,043 | +€1,845 | +154.0% |
| Profit (loss) for the period before taxes | 9903 | €25,101 | €787 | -€24,314 | -96.9% |
| Income taxes | 67/77 | €8,824 | €3,502 | -€5,322 | -60.3% |
| Profit (loss) for the period | 9904 | €16,277 | -€2,715 | -€18,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,277 | -€2,715 | -€18,992 |
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.