KLOKHUIS: 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.
KLOKHUIS
Largest movements
- Cash +€20,911
up €20,911 (+43.1%), from €48,492 to €69,403
mainly Net result for the year (+€14,267) and Depreciation (+€10,851)
- Tangible fixed assets -€10,851
down €10,851 (-29.1%), from €37,227 to €26,375
- Receivables within one year +€3,309
up €3,309 (+14.8%), from €22,353 to €25,663
of which Trade receivables: +€5,949
- Stocks and contracts -€2,787
down €2,787 (-27.2%), from €10,243 to €7,455
- Reserves +€14,267
up €14,267 (+23.2%), from €61,431 to €75,697
of which Distributable reserves: +€14,267
- Debts after one year -€4,183
down €4,183 (-56.4%), from €7,422 to €3,240
- Trade debts -€2,620
down €2,620 (-17.6%), from €14,911 to €12,290
- Tax, wage and social debts +€2,199
up €2,199 (+8.6%), from €25,501 to €27,700
of which Taxes: +€1,537
- Gross operating margin +€35,705
up €35,705 (+36.2%), from €98,563 to €134,267
- Staff costs +€24,713
up €24,713 (+30.8%), from €80,316 to €105,029
- Taxes +€1,665
up €1,665 (+285%), from €585 to €2,251
- Depreciation +€1,581
up €1,581 (+17.1%), from €9,270 to €10,851
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.
Derived cash bridge
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 | €119,815 | €130,396 | +€10,582 | +8.8% |
| Fixed assets | 21/28 | €37,227 | €26,375 | -€10,851 | -29.1% |
| Tangible fixed assets | 22/27 | €37,227 | €26,375 | -€10,851 | -29.1% |
| Land and buildings | 22 | €13,268 | €10,979 | -€2,289 | -17.3% |
| Plant, machinery and equipment | 23 | €12,292 | €7,730 | -€4,562 | -37.1% |
| Furniture and vehicles | 24 | €11,667 | €7,667 | -€4,000 | -34.3% |
| Current assets | 29/58 | €82,588 | €104,021 | +€21,433 | +26.0% |
| Stocks and contracts in progress | 3 | €10,243 | €7,455 | -€2,787 | -27.2% |
| Stocks | 30/36 | €10,243 | €7,455 | -€2,787 | -27.2% |
| Amounts receivable within one year | 40/41 | €22,353 | €25,663 | +€3,309 | +14.8% |
| Trade receivables | 40 | €6,456 | €12,405 | +€5,949 | +92.2% |
| Other amounts receivable | 41 | €15,898 | €13,258 | -€2,640 | -16.6% |
| Cash at bank and in hand | 54/58 | €48,492 | €69,403 | +€20,911 | +43.1% |
| Deferred charges and accrued income | 490/1 | €1,500 | €1,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €119,815 | €130,396 | +€10,582 | +8.8% |
| Equity | 10/15 | €67,631 | €81,897 | +€14,267 | +21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,431 | €75,697 | +€14,267 | +23.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,571 | €73,837 | +€14,267 | +23.9% |
| Amounts payable | 17/49 | €52,184 | €48,499 | -€3,685 | -7.1% |
| Amounts payable after more than one year | 17 | €7,422 | €3,240 | -€4,183 | -56.4% |
| Financial debts | 170/4 | €7,422 | €3,240 | -€4,183 | -56.4% |
| Amounts payable within one year | 42/48 | €44,762 | €45,259 | +€498 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,031 | €4,183 | +€151 | +3.8% |
| Trade debts | 44 | €14,911 | €12,290 | -€2,620 | -17.6% |
| Suppliers | 440/4 | €14,911 | €12,290 | -€2,620 | -17.6% |
| Taxes, remuneration and social security | 45 | €25,501 | €27,700 | +€2,199 | +8.6% |
| Taxes | 450/3 | €15,895 | €17,432 | +€1,537 | +9.7% |
| Remuneration and social security | 454/9 | €9,606 | €10,268 | +€662 | +6.9% |
| Other amounts payable | 47/48 | €318 | €1,086 | +€767 | +241% |
| Remuneration, social security and pensions | 62 | €80,316 | €105,029 | +€24,713 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,270 | €10,851 | +€1,581 | +17.1% |
| Other operating charges | 640/8 | €878 | €1,498 | +€619 | +70.5% |
| Gross operating margin | 9900 | €98,563 | €134,267 | +€35,705 | +36.2% |
| Operating profit (loss) | 9901 | €8,098 | €16,889 | +€8,791 | +109% |
| Financial income | 75/76B | €275 | €123 | -€151 | -55.1% |
| Recurring financial income | 75 | €275 | €123 | -€151 | -55.1% |
| Financial charges | 65/66B | €733 | €496 | -€237 | -32.4% |
| Recurring financial charges | 65 | €733 | €496 | -€237 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €7,640 | €16,517 | +€8,877 | +116% |
| Income taxes | 67/77 | €585 | €2,251 | +€1,665 | +285% |
| Profit (loss) for the period | 9904 | €7,055 | €14,267 | +€7,212 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €7,055 | €14,267 | +€7,212 | +102% |
Source: filed annual accounts (NBB), financial years ended 31 May 2025 and 31 May 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.