KLUP: 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.
KLUP
Largest movements
- Cash +€86,552
up €86,552 (+147.6%), from €58,640 to €145,192
mainly Net result for the year (+€83,459) and Receivables within one year (+€40,163)
- Stocks and contracts +€56,849
up €56,849 (+50.3%), from €113,034 to €169,884
- Receivables within one year -€40,163
down €40,163 (-57.9%), from €69,417 to €29,253
of which Trade receivables: -€58,693
- Financial fixed assets -€32,700
down €32,700 (-85.6%), from €38,200 to €5,500
- Tangible fixed assets +€15,209
up €15,209 (+210.4%), from €7,227 to €22,436
of which Other tangible fixed assets: +€14,199
- Trade debts -€68,509
down €68,509 (-56.3%), from €121,780 to €53,272
- Profit (loss) carried forward +€49,459
up €49,459 (+75.0%), from €65,977 to €115,437
- Other debts +€34,130
up €34,130 (+42662.7%), from €80 to €34,210
- Short-term financial debts +€32,590
up €32,590 (+794.8%), from €4,100 to €36,690
- Debts after one year +€21,001
up €21,001 (+58.3%), from €36,000 to €57,001
of which Financial debts: +€33,001
- Gross operating margin +€53,435
up €53,435 (+83.2%), from €64,221 to €117,655
- Financial charges +€6,303
up €6,303 (+189.0%), from €3,334 to €9,637
- Other operating charges +€4,614
up €4,614 (+789.4%), from €584 to €5,198
- Depreciation +€2,349
up €2,349 (+116.6%), from €2,014 to €4,364
- Taxes -€1,864
down €1,864 (-10.7%), from €17,459 to €15,595
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 | €286,828 | €375,243 | +€88,415 | +30.8% |
| Fixed assets | 21/28 | €45,737 | €27,936 | -€17,801 | -38.9% |
| Intangible fixed assets | 21 | €310 | €0 | -€310 | -100.0% |
| Tangible fixed assets | 22/27 | €7,227 | €22,436 | +€15,209 | +210.4% |
| Furniture and vehicles | 24 | €1,069 | €2,079 | +€1,010 | +94.5% |
| Other tangible fixed assets | 26 | €6,158 | €20,357 | +€14,199 | +230.6% |
| Financial fixed assets | 28 | €38,200 | €5,500 | -€32,700 | -85.6% |
| Current assets | 29/58 | €241,091 | €347,307 | +€106,216 | +44.1% |
| Stocks and contracts in progress | 3 | €113,034 | €169,884 | +€56,849 | +50.3% |
| Stocks | 30/36 | €113,034 | €169,884 | +€56,849 | +50.3% |
| Amounts receivable within one year | 40/41 | €69,417 | €29,253 | -€40,163 | -57.9% |
| Trade receivables | 40 | €67,356 | €8,663 | -€58,693 | -87.1% |
| Other amounts receivable | 41 | €2,061 | €20,591 | +€18,530 | +899.1% |
| Cash at bank and in hand | 54/58 | €58,640 | €145,192 | +€86,552 | +147.6% |
| Deferred charges and accrued income | 490/1 | €0 | €2,978 | +€2,978 | |
| Total equity and liabilities | 10/49 | €286,828 | €375,243 | +€88,415 | +30.8% |
| Equity | 10/15 | €85,977 | €135,437 | +€49,459 | +57.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,977 | €115,437 | +€49,459 | +75.0% |
| Amounts payable | 17/49 | €200,850 | €239,806 | +€38,956 | +19.4% |
| Amounts payable after more than one year | 17 | €36,000 | €57,001 | +€21,001 | +58.3% |
| Financial debts | 170/4 | - | €33,001 | +€33,001 | |
| Other amounts payable | 178/9 | €36,000 | €24,000 | -€12,000 | -33.3% |
| Amounts payable within one year | 42/48 | €163,750 | €182,405 | +€18,655 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €12,928 | +€12,928 | |
| Financial debts | 43 | €4,100 | €36,690 | +€32,590 | +794.8% |
| Credit institutions | 430/8 | €4,100 | €36,690 | +€32,590 | +794.8% |
| Trade debts | 44 | €121,780 | €53,272 | -€68,509 | -56.3% |
| Suppliers | 440/4 | €121,780 | €53,272 | -€68,509 | -56.3% |
| Taxes, remuneration and social security | 45 | €37,790 | €45,305 | +€7,515 | +19.9% |
| Taxes | 450/3 | €37,790 | €45,305 | +€7,515 | +19.9% |
| Other amounts payable | 47/48 | €80 | €34,210 | +€34,130 | +42662.7% |
| Accrued charges and deferred income | 492/3 | €1,100 | €400 | -€700 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,014 | €4,364 | +€2,349 | +116.6% |
| Other operating charges | 640/8 | €584 | €5,198 | +€4,614 | +789.4% |
| Gross operating margin | 9900 | €64,221 | €117,655 | +€53,435 | +83.2% |
| Operating profit (loss) | 9901 | €61,622 | €108,093 | +€46,471 | +75.4% |
| Financial income | 75/76B | €93 | €598 | +€505 | +545.6% |
| Recurring financial income | 75 | €93 | €598 | +€505 | +545.6% |
| Financial charges | 65/66B | €3,334 | €9,637 | +€6,303 | +189.0% |
| Recurring financial charges | 65 | €3,334 | €9,637 | +€6,303 | +189.0% |
| Profit (loss) for the period before taxes | 9903 | €58,380 | €99,054 | +€40,674 | +69.7% |
| Income taxes | 67/77 | €17,459 | €15,595 | -€1,864 | -10.7% |
| Profit (loss) for the period | 9904 | €40,921 | €83,459 | +€42,538 | +104.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,921 | €83,459 | +€42,538 | +104.0% |
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.