't KLEIN OFFER: 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.
't KLEIN OFFER
Largest movements
- Tangible fixed assets -€5,163
down €5,163 (-21.2%), from €24,318 to €19,155
of which Furniture and vehicles: -€4,832
- Cash -€3,701
down €3,701 (-34.9%), from €10,617 to €6,916
mainly Trade debts (-€5,955) and Debts after one year (-€4,111)
- Receivables within one year -€1,724
down €1,724 (-31.1%), from €5,542 to €3,818
- Stocks and contracts -€1,038
down €1,038 (-27.7%), from €3,754 to €2,715
- Trade debts -€5,955
down €5,955 (-95.6%), from €6,230 to €275
- Debts after one year -€4,111
down €4,111 (-25.1%), from €16,370 to €12,260
- Profit (loss) carried forward -€2,234
down €2,234 (-23.8%), from -€9,398 to -€11,632
- Accrued charges and deferred income +€555
new in 2025: €555
- Depreciation +€2,630
up €2,630 (+91.3%), from €2,881 to €5,511
- Gross operating margin -€448
down €448 (-8.9%), from €5,030 to €4,582
- Other operating charges -€388
down €388 (-37.7%), from €1,030 to €642
- Financial charges +€358
up €358 (+45.9%), from €780 to €1,138
- Taxes -€195
down €195 (-100%), from €195 to €0
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,614 | €32,859 | -€11,755 | -26.3% |
| Fixed assets | 21/28 | €24,469 | €19,306 | -€5,163 | -21.1% |
| Tangible fixed assets | 22/27 | €24,318 | €19,155 | -€5,163 | -21.2% |
| Plant, machinery and equipment | 23 | €1,636 | €1,305 | -€331 | -20.2% |
| Furniture and vehicles | 24 | €22,682 | €17,850 | -€4,832 | -21.3% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €20,145 | €13,553 | -€6,592 | -32.7% |
| Stocks and contracts in progress | 3 | €3,754 | €2,715 | -€1,038 | -27.7% |
| Stocks | 30/36 | €3,754 | €2,715 | -€1,038 | -27.7% |
| Amounts receivable within one year | 40/41 | €5,542 | €3,818 | -€1,724 | -31.1% |
| Other amounts receivable | 41 | €5,542 | €3,818 | -€1,724 | -31.1% |
| Cash at bank and in hand | 54/58 | €10,617 | €6,916 | -€3,701 | -34.9% |
| Deferred charges and accrued income | 490/1 | €233 | €103 | -€129 | -55.6% |
| Total equity and liabilities | 10/49 | €44,614 | €32,859 | -€11,755 | -26.3% |
| Equity | 10/15 | €17,882 | €15,648 | -€2,234 | -12.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €2,480 | €2,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,398 | -€11,632 | -€2,234 | -23.8% |
| Amounts payable | 17/49 | €26,732 | €17,211 | -€9,521 | -35.6% |
| Amounts payable after more than one year | 17 | €16,370 | €12,260 | -€4,111 | -25.1% |
| Financial debts | 170/4 | €16,370 | €12,260 | -€4,111 | -25.1% |
| Amounts payable within one year | 42/48 | €10,362 | €4,396 | -€5,966 | -57.6% |
| Current portion of amounts payable after more than one year | 42 | €3,938 | €4,111 | +€173 | +4.4% |
| Trade debts | 44 | €6,230 | €275 | -€5,955 | -95.6% |
| Suppliers | 440/4 | €6,230 | €275 | -€5,955 | -95.6% |
| Taxes, remuneration and social security | 45 | €195 | €11 | -€184 | -94.4% |
| Taxes | 450/3 | €195 | €11 | -€184 | -94.4% |
| Accrued charges and deferred income | 492/3 | - | €555 | +€555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,881 | €5,511 | +€2,630 | +91.3% |
| Other operating charges | 640/8 | €1,030 | €642 | -€388 | -37.7% |
| Gross operating margin | 9900 | €5,030 | €4,582 | -€448 | -8.9% |
| Operating profit (loss) | 9901 | €1,119 | -€1,571 | -€2,690 | |
| Financial income | 75/76B | €434 | €475 | +€41 | +9.4% |
| Recurring financial income | 75 | €434 | €475 | +€41 | +9.4% |
| Financial charges | 65/66B | €780 | €1,138 | +€358 | +45.9% |
| Recurring financial charges | 65 | €780 | €1,138 | +€358 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €773 | -€2,234 | -€3,007 | |
| Income taxes | 67/77 | €195 | €0 | -€195 | -100% |
| Profit (loss) for the period | 9904 | €578 | -€2,234 | -€2,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €578 | -€2,234 | -€2,812 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.