LE KLEYER: what changed
LE KLEYER
Largest movements
- Receivables within one year +€25,595
up €25,595 (+216%), from €11,874 to €37,469
of which Other amounts receivable: +€18,563
- Tangible fixed assets -€23,157
down €23,157 (-27.2%), from €85,139 to €61,982
of which Leasing and similar rights: -€12,352
- Cash +€11,796
up €11,796 (+10.4%), from €113,955 to €125,751
mainly Net result for the year (+€41,545) and Depreciation (+€26,682)
- Financial fixed assets -€7,717
down €7,717 (-100%), from €7,717 to €0
- Stocks and contracts -€4,004
down €4,004 (-19.6%), from €20,406 to €16,402
- Tax, wage and social debts -€50,139
down €50,139 (-49.5%), from €101,295 to €51,155
of which Remuneration and social security: -€39,536
- Profit (loss) carried forward +€41,545
up €41,545 (+66.4%), from -€62,565 to -€21,020
- Trade debts +€21,296
up €21,296 (+93.7%), from €22,719 to €44,016
- Debts after one year -€19,854
down €19,854 (-43.5%), from €45,592 to €25,738
- Current portion of long-term debt +€11,104
up €11,104 (+56.1%), from €19,793 to €30,898
- Staff costs -€60,013
down €60,013 (-11.7%), from €514,187 to €454,174
- Gross operating margin +€36,075
up €36,075 (+7.2%), from €503,257 to €539,332
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,539 | €241,927 | +€2,388 | +1.0% |
| Fixed assets | 21/28 | €92,856 | €61,982 | -€30,875 | -33.2% |
| Tangible fixed assets | 22/27 | €85,139 | €61,982 | -€23,157 | -27.2% |
| Plant, machinery and equipment | 23 | €5,033 | €1,815 | -€3,219 | -63.9% |
| Furniture and vehicles | 24 | €32,176 | €26,365 | -€5,812 | -18.1% |
| Leasing and similar rights | 25 | €35,096 | €22,744 | -€12,352 | -35.2% |
| Other tangible fixed assets | 26 | €12,833 | €11,058 | -€1,775 | -13.8% |
| Financial fixed assets | 28 | €7,717 | €0 | -€7,717 | -100% |
| Current assets | 29/58 | €146,683 | €179,946 | +€33,263 | +22.7% |
| Stocks and contracts in progress | 3 | €20,406 | €16,402 | -€4,004 | -19.6% |
| Stocks | 30/36 | €20,406 | €16,402 | -€4,004 | -19.6% |
| Amounts receivable within one year | 40/41 | €11,874 | €37,469 | +€25,595 | +216% |
| Trade receivables | 40 | €2,074 | €9,105 | +€7,032 | +339% |
| Other amounts receivable | 41 | €9,800 | €28,363 | +€18,563 | +189% |
| Cash at bank and in hand | 54/58 | €113,955 | €125,751 | +€11,796 | +10.4% |
| Deferred charges and accrued income | 490/1 | €448 | €324 | -€124 | -27.7% |
| Total equity and liabilities | 10/49 | €239,539 | €241,927 | +€2,388 | +1.0% |
| Equity | 10/15 | €38,488 | €80,032 | +€41,545 | +108% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €61,053 | €61,053 | = | 0.0% |
| Distributable reserves | 133 | €61,053 | €61,053 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,565 | -€21,020 | +€41,545 | +66.4% |
| Amounts payable | 17/49 | €201,052 | €161,895 | -€39,157 | -19.5% |
| Amounts payable after more than one year | 17 | €45,592 | €25,738 | -€19,854 | -43.5% |
| Financial debts | 170/4 | €45,592 | €25,738 | -€19,854 | -43.5% |
| Amounts payable within one year | 42/48 | €154,584 | €135,263 | -€19,322 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €19,793 | €30,898 | +€11,104 | +56.1% |
| Trade debts | 44 | €22,719 | €44,016 | +€21,296 | +93.7% |
| Suppliers | 440/4 | €22,719 | €44,016 | +€21,296 | +93.7% |
| Taxes, remuneration and social security | 45 | €101,295 | €51,155 | -€50,139 | -49.5% |
| Taxes | 450/3 | €35,504 | €24,901 | -€10,603 | -29.9% |
| Remuneration and social security | 454/9 | €65,790 | €26,254 | -€39,536 | -60.1% |
| Other amounts payable | 47/48 | €10,777 | €9,194 | -€1,583 | -14.7% |
| Accrued charges and deferred income | 492/3 | €876 | €895 | +€19 | +2.1% |
| Remuneration, social security and pensions | 62 | €514,187 | €454,174 | -€60,013 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,176 | €26,682 | +€1,506 | +6.0% |
| Other operating charges | 640/8 | €10,518 | €7,307 | -€3,210 | -30.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €503,257 | €539,332 | +€36,075 | +7.2% |
| Operating profit (loss) | 9901 | -€46,623 | €51,169 | +€97,792 | |
| Financial income | 75/76B | €502 | €301 | -€201 | -40.1% |
| Recurring financial income | 75 | €502 | €301 | -€201 | -40.1% |
| Financial charges | 65/66B | €7,862 | €9,778 | +€1,916 | +24.4% |
| Recurring financial charges | 65 | €7,862 | €9,778 | +€1,916 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | -€53,983 | €41,692 | +€95,675 | |
| Income taxes | 67/77 | €273 | €147 | -€126 | -46.2% |
| Profit (loss) for the period | 9904 | -€54,256 | €41,545 | +€95,801 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,256 | €41,545 | +€95,801 |
Next steps
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 3 November 2026 via checked.be.