KLUSSEN MATHIJS: 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.
KLUSSEN MATHIJS
Largest movements
- Cash +€12,521
up €12,521 (+93.4%), from €13,411 to €25,932
mainly Net result for the year (+€7,660) and Receivables within one year (+€3,562)
- Receivables within one year -€3,562
down €3,562 (-51.5%), from €6,919 to €3,357
of which Trade receivables: -€2,605
- Deferred charges and accrued income -€485
down €485 (-68.9%), from €704 to €219
- Reserves +€23,127
new in 2025: €23,127
- Profit (loss) carried forward -€15,467
no longer reported in 2025 (was €15,467)
- Trade debts +€986
up €986 (+232.5%), from €424 to €1,410
- Gross operating margin -€4,458
down €4,458 (-29.0%), from €15,395 to €10,938
- Taxes -€916
down €916 (-28.0%), from €3,274 to €2,358
- Other operating charges -€241
down €241 (-100.0%), from €241 to €0
- Financial charges -€210
down €210 (-22.6%), from €932 to €722
- Depreciation +€181
up €181 (+1044.7%), from €17 to €198
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 | €21,477 | €30,206 | +€8,729 | +40.6% |
| Fixed assets | 21/28 | €443 | €698 | +€255 | +57.7% |
| Tangible fixed assets | 22/27 | €443 | €698 | +€255 | +57.7% |
| Plant, machinery and equipment | 23 | - | €347 | +€347 | |
| Furniture and vehicles | 24 | €443 | €351 | -€92 | -20.8% |
| Current assets | 29/58 | €21,034 | €29,508 | +€8,474 | +40.3% |
| Amounts receivable within one year | 40/41 | €6,919 | €3,357 | -€3,562 | -51.5% |
| Trade receivables | 40 | €5,394 | €2,789 | -€2,605 | -48.3% |
| Other amounts receivable | 41 | €1,525 | €568 | -€957 | -62.8% |
| Cash at bank and in hand | 54/58 | €13,411 | €25,932 | +€12,521 | +93.4% |
| Deferred charges and accrued income | 490/1 | €704 | €219 | -€485 | -68.9% |
| Total equity and liabilities | 10/49 | €21,477 | €30,206 | +€8,729 | +40.6% |
| Equity | 10/15 | €17,967 | €25,627 | +€7,660 | +42.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €23,127 | +€23,127 | |
| Distributable reserves | 133 | - | €23,127 | +€23,127 | |
| Profit (loss) carried forward | 14 | €15,467 | - | -€15,467 | |
| Amounts payable | 17/49 | €3,510 | €4,579 | +€1,069 | +30.5% |
| Amounts payable within one year | 42/48 | €3,510 | €4,579 | +€1,069 | +30.5% |
| Trade debts | 44 | €424 | €1,410 | +€986 | +232.5% |
| Suppliers | 440/4 | €424 | €1,410 | +€986 | +232.5% |
| Taxes, remuneration and social security | 45 | €3,086 | €3,131 | +€45 | +1.5% |
| Taxes | 450/3 | €3,086 | €3,131 | +€45 | +1.5% |
| Other amounts payable | 47/48 | - | €38 | +€38 | |
| Non-recurring operating income | 76A | - | €310 | +€310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17 | €198 | +€181 | +1044.7% |
| Other operating charges | 640/8 | €241 | €0 | -€241 | -100.0% |
| Gross operating margin | 9900 | €15,395 | €10,938 | -€4,458 | -29.0% |
| Operating profit (loss) | 9901 | €15,137 | €10,739 | -€4,397 | -29.1% |
| Financial income | 75/76B | €108 | €0 | -€108 | -99.9% |
| Recurring financial income | 75 | €108 | €0 | -€108 | -99.9% |
| Financial charges | 65/66B | €932 | €722 | -€210 | -22.6% |
| Recurring financial charges | 65 | €932 | €722 | -€210 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €14,313 | €10,018 | -€4,295 | -30.0% |
| Income taxes | 67/77 | €3,274 | €2,358 | -€916 | -28.0% |
| Profit (loss) for the period | 9904 | €11,039 | €7,660 | -€3,379 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,039 | €7,660 | -€3,379 | -30.6% |
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 3 October 2026 via checked.be.