MK KLIMMO: what changed
MK KLIMMO
Largest movements
- Receivables within one year +€29,550
up €29,550 (+129%), from €22,922 to €52,472
of which Trade receivables: +€30,691
- Cash -€28,585
down €28,585 (-70.1%), from €40,786 to €12,201
mainly Debts after one year (-€38,251) and Receivables within one year (-€29,550)
- Tangible fixed assets -€23,292
down €23,292 (-4.9%), from €473,073 to €449,781
- Debts after one year -€38,251
down €38,251 (-10.7%), from €355,883 to €317,632
- Reserves +€30,000
up €30,000 (+28.6%), from €105,000 to €135,000
- Tax, wage and social debts -€13,751
down €13,751 (-63.1%), from €21,793 to €8,041
- Gross operating margin -€9,855
down €9,855 (-10.1%), from €97,514 to €87,658
- Write-downs +€9,381
new in 2025: €9,381
- Taxes -€5,453
down €5,453 (-32.6%), from €16,739 to €11,286
- Financial charges -€1,391
down €1,391 (-11.5%), from €12,090 to €10,699
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 | €537,803 | €515,476 | -€22,327 | -4.2% |
| Fixed assets | 21/28 | €474,095 | €450,803 | -€23,292 | -4.9% |
| Tangible fixed assets | 22/27 | €473,073 | €449,781 | -€23,292 | -4.9% |
| Land and buildings | 22 | €473,073 | €449,781 | -€23,292 | -4.9% |
| Financial fixed assets | 28 | €1,022 | €1,022 | = | 0.0% |
| Current assets | 29/58 | €63,708 | €64,673 | +€965 | +1.5% |
| Amounts receivable within one year | 40/41 | €22,922 | €52,472 | +€29,550 | +129% |
| Trade receivables | 40 | €18,067 | €48,758 | +€30,691 | +170% |
| Other amounts receivable | 41 | €4,854 | €3,714 | -€1,140 | -23.5% |
| Cash at bank and in hand | 54/58 | €40,786 | €12,201 | -€28,585 | -70.1% |
| Total equity and liabilities | 10/49 | €537,803 | €515,476 | -€22,327 | -4.2% |
| Equity | 10/15 | €119,771 | €149,915 | +€30,144 | +25.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €105,000 | €135,000 | +€30,000 | +28.6% |
| Distributable reserves | 133 | €105,000 | €135,000 | +€30,000 | +28.6% |
| Profit (loss) carried forward | 14 | €9,771 | €9,915 | +€144 | +1.5% |
| Amounts payable | 17/49 | €418,031 | €365,560 | -€52,471 | -12.6% |
| Amounts payable after more than one year | 17 | €355,883 | €317,632 | -€38,251 | -10.7% |
| Financial debts | 170/4 | €355,883 | €317,632 | -€38,251 | -10.7% |
| Amounts payable within one year | 42/48 | €62,148 | €47,929 | -€14,220 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €37,202 | €38,251 | +€1,049 | +2.8% |
| Trade debts | 44 | €3,154 | €1,636 | -€1,518 | -48.1% |
| Suppliers | 440/4 | €3,154 | €1,636 | -€1,518 | -48.1% |
| Taxes, remuneration and social security | 45 | €21,793 | €8,041 | -€13,751 | -63.1% |
| Taxes | 450/3 | €21,793 | €8,041 | -€13,751 | -63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,292 | €23,292 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,381 | +€9,381 | |
| Other operating charges | 640/8 | €2,778 | €2,856 | +€79 | +2.8% |
| Gross operating margin | 9900 | €97,514 | €87,658 | -€9,855 | -10.1% |
| Operating profit (loss) | 9901 | €71,444 | €52,129 | -€19,315 | -27.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -3.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -3.2% |
| Financial charges | 65/66B | €12,090 | €10,699 | -€1,391 | -11.5% |
| Recurring financial charges | 65 | €12,090 | €10,699 | -€1,391 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €59,354 | €41,430 | -€17,924 | -30.2% |
| Income taxes | 67/77 | €16,739 | €11,286 | -€5,453 | -32.6% |
| Profit (loss) for the period | 9904 | €42,615 | €30,144 | -€12,471 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,615 | €30,144 | -€12,471 | -29.3% |
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 4 November 2026 via checked.be.