KOEN DE KLERCK: 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 DE KLERCK
Largest movements
- Receivables within one year -€34,670
down €34,670 (-80.9%), from €42,878 to €8,209
of which Trade receivables: -€26,111
- Cash -€24,137
down €24,137 (-11.6%), from €208,885 to €184,748
mainly Other debts (-€75,753) and Contributions, distributions and other (-€30,000)
- Other debts -€75,753
down €75,753 (-74.8%), from €101,253 to €25,500
- Profit (loss) carried forward +€20,375
up €20,375, from €0 to €20,375
- Financial income -€2,861
down €2,861 (-100%), from €2,861 to €0
- Gross operating margin -€2,437
down €2,437 (-3.3%), from €74,839 to €72,402
- Taxes -€1,441
down €1,441 (-7.9%), from €18,233 to €16,791
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,845 | €199,368 | -€58,478 | -22.7% |
| Current assets | 29/58 | €257,845 | €199,368 | -€58,478 | -22.7% |
| Amounts receivable within one year | 40/41 | €42,878 | €8,209 | -€34,670 | -80.9% |
| Trade receivables | 40 | €26,111 | €0 | -€26,111 | -100% |
| Other amounts receivable | 41 | €16,767 | €8,209 | -€8,559 | -51.0% |
| Cash at bank and in hand | 54/58 | €208,885 | €184,748 | -€24,137 | -11.6% |
| Deferred charges and accrued income | 490/1 | €6,083 | €6,411 | +€329 | +5.4% |
| Total equity and liabilities | 10/49 | €257,845 | €199,368 | -€58,478 | -22.7% |
| Equity | 10/15 | €135,870 | €156,245 | +€20,375 | +15.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €130,870 | €130,870 | = | 0.0% |
| Distributable reserves | 133 | €130,870 | €130,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €20,375 | +€20,375 | |
| Amounts payable | 17/49 | €121,976 | €43,123 | -€78,853 | -64.6% |
| Amounts payable within one year | 42/48 | €121,976 | €43,123 | -€78,853 | -64.6% |
| Trade debts | 44 | €14,966 | €13,055 | -€1,910 | -12.8% |
| Suppliers | 440/4 | €14,966 | €13,055 | -€1,910 | -12.8% |
| Taxes, remuneration and social security | 45 | €5,758 | €4,567 | -€1,190 | -20.7% |
| Taxes | 450/3 | €5,758 | €4,567 | -€1,190 | -20.7% |
| Other amounts payable | 47/48 | €101,253 | €25,500 | -€75,753 | -74.8% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €74,839 | €72,402 | -€2,437 | -3.3% |
| Operating profit (loss) | 9901 | €74,713 | €72,274 | -€2,439 | -3.3% |
| Financial income | 75/76B | €2,861 | €0 | -€2,861 | -100% |
| Recurring financial income | 75 | €2,861 | €0 | -€2,861 | -100% |
| Financial charges | 65/66B | €4,644 | €5,107 | +€464 | +10.0% |
| Recurring financial charges | 65 | €4,644 | €5,107 | +€464 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €72,930 | €67,166 | -€5,764 | -7.9% |
| Income taxes | 67/77 | €18,233 | €16,791 | -€1,441 | -7.9% |
| Profit (loss) for the period | 9904 | €54,698 | €50,375 | -€4,322 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,698 | €50,375 | -€4,322 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.