Koen Clukkers: 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.
Koen Clukkers
Largest movements
- Cash -€302,700
down €302,700 (-67.6%), from €447,612 to €144,912
mainly Current investments (-€227,977) and Other debts (-€183,038)
- Current investments +€227,977
up €227,977 (+30.0%), from €759,174 to €987,151
- Receivables after one year +€142,000
up €142,000 (+23.4%), from €606,000 to €748,000
- Profit (loss) carried forward +€300,125
up €300,125 (+32.6%), from €921,972 to €1.2m
- Other debts -€183,038
down €183,038 (-27.9%), from €655,465 to €472,427
- Trade debts -€47,169
down €47,169 (-100.0%), from €47,191 to €23
- Financial charges +€79,643
up €79,643 (+373%), from €21,356 to €100,999
- Gross operating margin +€52,969
up €52,969 (+10.9%), from €485,681 to €538,650
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.
Derived cash bridge
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 | €1,841,794 | €1,914,164 | +€72,370 | +3.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €11,543 | €11,725 | +€183 | +1.6% |
| Tangible fixed assets | 22/27 | €11,543 | €11,725 | +€183 | +1.6% |
| Plant, machinery and equipment | 23 | €4,321 | €3,236 | -€1,086 | -25.1% |
| Furniture and vehicles | 24 | €7,221 | €8,490 | +€1,268 | +17.6% |
| Current assets | 29/58 | €1,830,252 | €1,902,439 | +€72,187 | +3.9% |
| Amounts receivable after more than one year | 29 | €606,000 | €748,000 | +€142,000 | +23.4% |
| Other amounts receivable | 291 | €606,000 | €748,000 | +€142,000 | +23.4% |
| Amounts receivable within one year | 40/41 | €4,397 | €7,978 | +€3,580 | +81.4% |
| Trade receivables | 40 | €159 | - | -€159 | |
| Other amounts receivable | 41 | €4,239 | €7,978 | +€3,739 | +88.2% |
| Current investments | 50/53 | €759,174 | €987,151 | +€227,977 | +30.0% |
| Cash at bank and in hand | 54/58 | €447,612 | €144,912 | -€302,700 | -67.6% |
| Deferred charges and accrued income | 490/1 | €13,068 | €14,398 | +€1,330 | +10.2% |
| Total equity and liabilities | 10/49 | €1,841,794 | €1,914,164 | +€72,370 | +3.9% |
| Equity | 10/15 | €1,118,556 | €1,418,681 | +€300,125 | +26.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €166,584 | €166,584 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €163,584 | €163,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | €921,972 | €1,222,097 | +€300,125 | +32.6% |
| Amounts payable | 17/49 | €723,238 | €495,483 | -€227,755 | -31.5% |
| Amounts payable within one year | 42/48 | €703,014 | €472,449 | -€230,565 | -32.8% |
| Trade debts | 44 | €47,191 | €23 | -€47,169 | -100.0% |
| Suppliers | 440/4 | €47,191 | €23 | -€47,169 | -100.0% |
| Taxes, remuneration and social security | 45 | €358 | - | -€358 | |
| Taxes | 450/3 | €358 | - | -€358 | |
| Other amounts payable | 47/48 | €655,465 | €472,427 | -€183,038 | -27.9% |
| Accrued charges and deferred income | 492/3 | €20,225 | €23,034 | +€2,810 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €2,562 | +€1,879 | +275% |
| Other operating charges | 640/8 | €1,623 | €2,253 | +€630 | +38.8% |
| Gross operating margin | 9900 | €485,681 | €538,650 | +€52,969 | +10.9% |
| Operating profit (loss) | 9901 | €483,375 | €533,835 | +€50,460 | +10.4% |
| Financial income | 75/76B | €20,377 | €23,302 | +€2,925 | +14.4% |
| Recurring financial income | 75 | €20,377 | €23,302 | +€2,925 | +14.4% |
| Financial charges | 65/66B | €21,356 | €100,999 | +€79,643 | +373% |
| Recurring financial charges | 65 | €21,356 | €100,999 | +€79,643 | +373% |
| Profit (loss) for the period before taxes | 9903 | €482,396 | €456,137 | -€26,258 | -5.4% |
| Income taxes | 67/77 | €127,312 | €129,399 | +€2,087 | +1.6% |
| Profit (loss) for the period | 9904 | €355,084 | €326,738 | -€28,346 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €355,084 | €326,738 | -€28,346 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.