KLOU: 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.
KLOU
Largest movements
- Cash -€24,222
down €24,222 (-57.8%), from €41,916 to €17,694
mainly Debts after one year (-€92,998) and Other debts (-€27,047)
- Tangible fixed assets +€21,204
new in 2025: €21,204
- Receivables within one year -€16,192
down €16,192 (-2.4%), from €679,062 to €662,870
of which Other amounts receivable: -€13,650
- Debts after one year -€92,998
down €92,998 (-31.1%), from €299,205 to €206,207
- Reserves +€73,385
up €73,385 (+53.0%), from €138,540 to €211,925
- Other debts -€27,047
down €27,047 (-3.7%), from €734,942 to €707,895
- Tax, wage and social debts +€25,891
up €25,891 (+75.3%), from €34,372 to €60,264
of which Taxes: +€17,911
- Gross operating margin -€18,199
down €18,199 (-14.1%), from €128,821 to €110,621
- Taxes -€4,280
down €4,280 (-18.7%), from €22,838 to €18,557
- Financial charges -€3,529
down €3,529 (-19.8%), from €17,840 to €14,311
- Staff costs +€1,964
new in 2025: €1,964
- Depreciation +€1,667
new in 2025: €1,667
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 | €1,373,881 | €1,354,671 | -€19,210 | -1.4% |
| Fixed assets | 21/28 | €652,903 | €674,107 | +€21,204 | +3.2% |
| Tangible fixed assets | 22/27 | - | €21,204 | +€21,204 | |
| Land and buildings | 22 | - | €21,204 | +€21,204 | |
| Financial fixed assets | 28 | €652,903 | €652,903 | = | 0.0% |
| Current assets | 29/58 | €720,978 | €680,564 | -€40,414 | -5.6% |
| Amounts receivable within one year | 40/41 | €679,062 | €662,870 | -€16,192 | -2.4% |
| Trade receivables | 40 | €35,062 | €32,520 | -€2,542 | -7.3% |
| Other amounts receivable | 41 | €644,000 | €630,350 | -€13,650 | -2.1% |
| Cash at bank and in hand | 54/58 | €41,916 | €17,694 | -€24,222 | -57.8% |
| Total equity and liabilities | 10/49 | €1,373,881 | €1,354,671 | -€19,210 | -1.4% |
| Equity | 10/15 | €213,540 | €286,925 | +€73,385 | +34.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €138,540 | €211,925 | +€73,385 | +53.0% |
| Distributable reserves | 133 | €138,540 | €211,925 | +€73,385 | +53.0% |
| Amounts payable | 17/49 | €1,160,341 | €1,067,746 | -€92,595 | -8.0% |
| Amounts payable after more than one year | 17 | €299,205 | €206,207 | -€92,998 | -31.1% |
| Financial debts | 170/4 | €299,205 | €206,207 | -€92,998 | -31.1% |
| Amounts payable within one year | 42/48 | €861,137 | €861,539 | +€403 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €89,326 | €92,998 | +€3,672 | +4.1% |
| Trade debts | 44 | €2,496 | €383 | -€2,113 | -84.7% |
| Suppliers | 440/4 | €2,496 | €383 | -€2,113 | -84.7% |
| Taxes, remuneration and social security | 45 | €34,372 | €60,264 | +€25,891 | +75.3% |
| Taxes | 450/3 | €34,372 | €52,284 | +€17,911 | +52.1% |
| Remuneration and social security | 454/9 | - | €7,980 | +€7,980 | |
| Other amounts payable | 47/48 | €734,942 | €707,895 | -€27,047 | -3.7% |
| Remuneration, social security and pensions | 62 | - | €1,964 | +€1,964 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,667 | +€1,667 | |
| Other operating charges | 640/8 | €405 | €738 | +€333 | +82.4% |
| Gross operating margin | 9900 | €128,821 | €110,621 | -€18,199 | -14.1% |
| Operating profit (loss) | 9901 | €128,416 | €106,253 | -€22,163 | -17.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,840 | €14,311 | -€3,529 | -19.8% |
| Recurring financial charges | 65 | €17,840 | €14,311 | -€3,529 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €110,576 | €91,942 | -€18,634 | -16.9% |
| Income taxes | 67/77 | €22,838 | €18,557 | -€4,280 | -18.7% |
| Profit (loss) for the period | 9904 | €87,738 | €73,385 | -€14,353 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €87,738 | €73,385 | -€14,353 | -16.4% |
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 4 October 2026 via checked.be.