NAND KLINKERS: what changed
What changed
NAND KLINKERS
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€2,507
2024 · €1,943+€564
Equity
€36,546
2024 · €34,039+€2,507
Cash
€10,569
2024 · €12,956-€2,387
Balance sheet total
€256,649
2024 · €268,937-€12,288
Largest movements
Assets
- Tangible fixed assets -€25,229
down €25,229 (-13.2%), from €191,328 to €166,100
of which Other tangible fixed assets: -€19,856
- Receivables within one year +€7,311
up €7,311 (+137%), from €5,346 to €12,656
of which Trade receivables: +€6,435
- Stocks and contracts +€5,140
up €5,140 (+9.4%), from €54,681 to €59,821
- Deferred charges and accrued income +€2,877
up €2,877 (+62.2%), from €4,627 to €7,504
Equity and liabilities
- Debts after one year -€35,618
down €35,618 (-31.7%), from €112,279 to €76,661
- Trade debts +€12,575
up €12,575 (+46.1%), from €27,270 to €39,845
- Other debts +€6,306
up €6,306 (+27.6%), from €22,869 to €29,175
- Current portion of long-term debt +€2,917
up €2,917 (+7.4%), from €39,550 to €42,468
Income statement
- Other operating charges +€6,286
up €6,286 (+121%), from €5,191 to €11,477
- Gross operating margin +€4,846
up €4,846 (+8.1%), from €59,608 to €64,453
- Financial charges -€2,439
down €2,439 (-18.4%), from €13,280 to €10,841
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
€1,943
Gross operating margin
+€4,846
Staff costs
-€185
Depreciation
-€589
Other operating charges
-€6,286
Financial income
+€331
Financial charges
+€2,439
Taxes
+€9
Result 2025
€2,507
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
+€43,953
Investment
-€13,640
Financing
-€32,700
Cash 2024
€12,956
From operations (derived)
+€43,953
Net result for the year
+€2,507
Depreciation
+€38,869
Stocks and contracts
-€5,140
Receivables within one year
-€7,311
Deferred charges and accrued income
-€2,877
Trade debts
+€12,575
Tax, wage and social debts
-€546
Other debts
+€6,306
Accrued charges and deferred income
-€428
Investment (derived)
-€13,640
Investment in fixed assets (net)
-€13,640
Financing
-€32,700
Debts after one year
-€35,618
Current portion of long-term debt
+€2,917
Cash 2025
€10,569
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,937 | €256,649 | -€12,288 | -4.6% |
| Fixed assets | 21/28 | €191,328 | €166,100 | -€25,229 | -13.2% |
| Tangible fixed assets | 22/27 | €191,328 | €166,100 | -€25,229 | -13.2% |
| Land and buildings | 22 | €15,115 | €13,482 | -€1,633 | -10.8% |
| Plant, machinery and equipment | 23 | €17,924 | €15,075 | -€2,849 | -15.9% |
| Furniture and vehicles | 24 | €1,611 | €721 | -€890 | -55.3% |
| Other tangible fixed assets | 26 | €156,679 | €136,822 | -€19,856 | -12.7% |
| Current assets | 29/58 | €77,609 | €90,550 | +€12,941 | +16.7% |
| Stocks and contracts in progress | 3 | €54,681 | €59,821 | +€5,140 | +9.4% |
| Stocks | 30/36 | €54,681 | €59,821 | +€5,140 | +9.4% |
| Amounts receivable within one year | 40/41 | €5,346 | €12,656 | +€7,311 | +137% |
| Trade receivables | 40 | €5,346 | €11,781 | +€6,435 | +120% |
| Other amounts receivable | 41 | - | €876 | +€876 | |
| Cash at bank and in hand | 54/58 | €12,956 | €10,569 | -€2,387 | -18.4% |
| Deferred charges and accrued income | 490/1 | €4,627 | €7,504 | +€2,877 | +62.2% |
| Total equity and liabilities | 10/49 | €268,937 | €256,649 | -€12,288 | -4.6% |
| Equity | 10/15 | €34,039 | €36,546 | +€2,507 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,439 | €17,946 | +€2,507 | +16.2% |
| Distributable reserves | 133 | €15,439 | €17,946 | +€2,507 | +16.2% |
| Amounts payable | 17/49 | €234,898 | €220,103 | -€14,794 | -6.3% |
| Amounts payable after more than one year | 17 | €112,279 | €76,661 | -€35,618 | -31.7% |
| Financial debts | 170/4 | €112,279 | €76,661 | -€35,618 | -31.7% |
| Amounts payable within one year | 42/48 | €119,439 | €140,690 | +€21,251 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €39,550 | €42,468 | +€2,917 | +7.4% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €27,270 | €39,845 | +€12,575 | +46.1% |
| Suppliers | 440/4 | €27,270 | €39,845 | +€12,575 | +46.1% |
| Taxes, remuneration and social security | 45 | €4,750 | €4,203 | -€546 | -11.5% |
| Taxes | 450/3 | €3,250 | €4,203 | +€954 | +29.3% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €22,869 | €29,175 | +€6,306 | +27.6% |
| Accrued charges and deferred income | 492/3 | €3,180 | €2,752 | -€428 | -13.5% |
| Non-recurring operating income | 76A | €7,000 | - | -€7,000 | |
| Remuneration, social security and pensions | 62 | - | €185 | +€185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,280 | €38,869 | +€589 | +1.5% |
| Other operating charges | 640/8 | €5,191 | €11,477 | +€6,286 | +121% |
| Gross operating margin | 9900 | €59,608 | €64,453 | +€4,846 | +8.1% |
| Operating profit (loss) | 9901 | €16,137 | €13,923 | -€2,214 | -13.7% |
| Financial income | 75/76B | €75 | €406 | +€331 | +442% |
| Recurring financial income | 75 | €75 | €406 | +€331 | +442% |
| Financial charges | 65/66B | €13,280 | €10,841 | -€2,439 | -18.4% |
| Recurring financial charges | 65 | €13,280 | €10,841 | -€2,439 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €2,932 | €3,487 | +€555 | +18.9% |
| Income taxes | 67/77 | €989 | €981 | -€9 | -0.9% |
| Profit (loss) for the period | 9904 | €1,943 | €2,507 | +€564 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,943 | €2,507 | +€564 | +29.0% |
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 3 November 2026 via checked.be.