KORTE KLAREN: what changed
What changed
KORTE KLAREN
filed annual accounts (NBB)
Net result for the year
€33,672
2024 · €29,899+€3,772
Equity
€134,728
2024 · €101,056+€33,672
Cash
€16,275
2024 · €18,704-€2,429
Balance sheet total
€783,118
2024 · €798,129-€15,012
Largest movements
Assets
- Tangible fixed assets -€28,350
down €28,350 (-3.7%), from €774,518 to €746,168
- Receivables within one year +€15,708
up €15,708 (+1,039%), from €1,512 to €17,220
of which Trade receivables: +€8,425
Equity and liabilities
- Debts after one year -€50,684
down €50,684 (-10.8%), from €470,821 to €420,137
- Reserves +€33,672
up €33,672 (+35.5%), from €94,756 to €128,428
Income statement
- Gross operating margin +€3,147
up €3,147 (+3.2%), from €98,775 to €101,921
- Financial charges -€1,727
down €1,727 (-8.5%), from €20,233 to €18,506
- Taxes +€1,510
up €1,510 (+10.6%), from €14,205 to €15,716
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,899
Gross operating margin
+€3,147
Other operating charges
+€410
Financial charges
+€1,727
Taxes
-€1,510
Result 2025
€33,672
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€42,101
Investment
€0
Financing
-€44,530
Cash 2024
€18,704
From operations (derived)
+€42,101
Net result for the year
+€33,672
Depreciation
+€28,350
Receivables within one year
-€15,708
Deferred charges and accrued income
-€60
Trade debts
+€1,901
Tax, wage and social debts
-€6,195
Accrued charges and deferred income
+€141
Financing
-€44,530
Debts after one year
-€50,684
Current portion of long-term debt
+€6,153
Cash 2025
€16,275
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €798,129 | €783,118 | -€15,012 | -1.9% |
| Fixed assets | 21/28 | €776,133 | €747,783 | -€28,350 | -3.7% |
| Tangible fixed assets | 22/27 | €774,518 | €746,168 | -€28,350 | -3.7% |
| Land and buildings | 22 | €774,518 | €746,168 | -€28,350 | -3.7% |
| Financial fixed assets | 28 | €1,615 | €1,615 | = | 0.0% |
| Current assets | 29/58 | €21,997 | €35,335 | +€13,339 | +60.6% |
| Amounts receivable within one year | 40/41 | €1,512 | €17,220 | +€15,708 | +1,039% |
| Trade receivables | 40 | €1,512 | €9,937 | +€8,425 | +557% |
| Other amounts receivable | 41 | - | €7,283 | +€7,283 | |
| Cash at bank and in hand | 54/58 | €18,704 | €16,275 | -€2,429 | -13.0% |
| Deferred charges and accrued income | 490/1 | €1,781 | €1,841 | +€60 | +3.4% |
| Total equity and liabilities | 10/49 | €798,129 | €783,118 | -€15,012 | -1.9% |
| Equity | 10/15 | €101,056 | €134,728 | +€33,672 | +33.3% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €94,756 | €128,428 | +€33,672 | +35.5% |
| Distributable reserves | 133 | €94,756 | €128,428 | +€33,672 | +35.5% |
| Amounts payable | 17/49 | €697,073 | €648,390 | -€48,683 | -7.0% |
| Amounts payable after more than one year | 17 | €470,821 | €420,137 | -€50,684 | -10.8% |
| Financial debts | 170/4 | €470,821 | €420,137 | -€50,684 | -10.8% |
| Amounts payable within one year | 42/48 | €217,008 | €218,868 | +€1,859 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €48,864 | €55,017 | +€6,153 | +12.6% |
| Trade debts | 44 | €24,578 | €26,479 | +€1,901 | +7.7% |
| Suppliers | 440/4 | €24,578 | €26,479 | +€1,901 | +7.7% |
| Taxes, remuneration and social security | 45 | €10,404 | €4,208 | -€6,195 | -59.5% |
| Taxes | 450/3 | €10,404 | €4,208 | -€6,195 | -59.5% |
| Other amounts payable | 47/48 | €133,163 | €133,163 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,244 | €9,385 | +€141 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,350 | €28,350 | = | 0.0% |
| Other operating charges | 640/8 | €6,087 | €5,678 | -€410 | -6.7% |
| Gross operating margin | 9900 | €98,775 | €101,921 | +€3,147 | +3.2% |
| Operating profit (loss) | 9901 | €64,338 | €67,894 | +€3,556 | +5.5% |
| Financial charges | 65/66B | €20,233 | €18,506 | -€1,727 | -8.5% |
| Recurring financial charges | 65 | €20,233 | €18,506 | -€1,727 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €44,105 | €49,387 | +€5,283 | +12.0% |
| Income taxes | 67/77 | €14,205 | €15,716 | +€1,510 | +10.6% |
| Profit (loss) for the period | 9904 | €29,899 | €33,672 | +€3,772 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,899 | €33,672 | +€3,772 | +12.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.