KLS: 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.
KLS
Largest movements
- Receivables within one year +€13,339
up €13,339 (+26.2%), from €50,926 to €64,265
of which Trade receivables: +€14,256
- Tangible fixed assets +€2,282
up €2,282 (+227.7%), from €1,002 to €3,284
of which Other tangible fixed assets: +€1,903
- Trade debts +€23,717
up €23,717 (+536.7%), from €4,419 to €28,136
- Profit (loss) carried forward +€12,062
up €12,062 (+37.3%), from €32,296 to €44,359
- Tax, wage and social debts -€9,877
down €9,877 (-44.3%), from €22,286 to €12,410
of which Remuneration and social security: -€10,000
- Other debts -€9,848
down €9,848 (-35.0%), from €28,165 to €18,317
- Gross operating margin +€39,614
up €39,614 (+476.8%), from €8,308 to €47,922
- Other operating charges +€19,904
up €19,904 (+698.8%), from €2,848 to €22,752
- Taxes +€4,684
up €4,684 (+181.1%), from €2,587 to €7,271
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 | €90,167 | €106,222 | +€16,055 | +17.8% |
| Formation expenses | 20 | €210 | €0 | -€210 | -100.0% |
| Fixed assets | 21/28 | €1,002 | €3,284 | +€2,282 | +227.7% |
| Tangible fixed assets | 22/27 | €1,002 | €3,284 | +€2,282 | +227.7% |
| Plant, machinery and equipment | 23 | €0 | €836 | +€836 | |
| Furniture and vehicles | 24 | €1,002 | €545 | -€457 | -45.6% |
| Other tangible fixed assets | 26 | - | €1,903 | +€1,903 | |
| Current assets | 29/58 | €88,954 | €102,937 | +€13,983 | +15.7% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,926 | €64,265 | +€13,339 | +26.2% |
| Trade receivables | 40 | €45,333 | €59,588 | +€14,256 | +31.4% |
| Other amounts receivable | 41 | €5,593 | €4,676 | -€917 | -16.4% |
| Cash at bank and in hand | 54/58 | €35,028 | €35,438 | +€409 | +1.2% |
| Deferred charges and accrued income | 490/1 | - | €235 | +€235 | |
| Total equity and liabilities | 10/49 | €90,167 | €106,222 | +€16,055 | +17.8% |
| Equity | 10/15 | €35,296 | €47,359 | +€12,062 | +34.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,296 | €44,359 | +€12,062 | +37.3% |
| Amounts payable | 17/49 | €54,871 | €58,863 | +€3,992 | +7.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €54,871 | €58,863 | +€3,992 | +7.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,419 | €28,136 | +€23,717 | +536.7% |
| Suppliers | 440/4 | €4,419 | €28,136 | +€23,717 | +536.7% |
| Taxes, remuneration and social security | 45 | €22,286 | €12,410 | -€9,877 | -44.3% |
| Taxes | 450/3 | €10,786 | €10,910 | +€123 | +1.1% |
| Remuneration and social security | 454/9 | €11,500 | €1,500 | -€10,000 | -87.0% |
| Other amounts payable | 47/48 | €28,165 | €18,317 | -€9,848 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €889 | €1,260 | +€371 | +41.7% |
| Other operating charges | 640/8 | €2,848 | €22,752 | +€19,904 | +698.8% |
| Gross operating margin | 9900 | €8,308 | €47,922 | +€39,614 | +476.8% |
| Operating profit (loss) | 9901 | €4,571 | €23,910 | +€19,340 | +423.1% |
| Financial income | 75/76B | €11 | €4 | -€7 | -63.1% |
| Recurring financial income | 75 | €11 | €4 | -€7 | -63.1% |
| Financial charges | 65/66B | €3,982 | €3,981 | -€1 | 0.0% |
| Recurring financial charges | 65 | €3,982 | €3,981 | -€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €600 | €19,933 | +€19,333 | +3221.2% |
| Income taxes | 67/77 | €2,587 | €7,271 | +€4,684 | +181.1% |
| Profit (loss) for the period | 9904 | -€1,987 | €12,662 | +€14,649 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,987 | €12,662 | +€14,649 |
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 7 October 2026 via checked.be.