KLT: what changed
KLT
Largest movements
- Tangible fixed assets -€33,502
down €33,502 (-71.6%), from €46,759 to €13,256
of which Furniture and vehicles: -€31,272
- Cash -€9,717
down €9,717 (-3.9%), from €250,697 to €240,980
mainly Net result for the year (-€32,618) and Tax, wage and social debts (-€9,782)
- Reserves -€25,669
down €25,669 (-10.5%), from €244,500 to €218,831
- Tax, wage and social debts -€9,782
down €9,782 (-32.7%), from €29,909 to €20,127
- Debts after one year -€8,517
no longer reported in 2025 (was €8,517)
- Profit (loss) carried forward -€6,949
new in 2025: -€6,949
- Current portion of long-term debt +€4,525
up €4,525 (+113%), from €3,993 to €8,517
- Gross operating margin -€197,193
down €197,193, from €177,841 to -€19,352
- Taxes -€17,374
down €17,374 (-100%), from €17,374 to €0
- Other operating charges +€13,331
up €13,331 (+1,929%), from €691 to €14,022
- Depreciation -€9,081
down €9,081 (-77.0%), from €11,789 to €2,708
- Financial income +€3,793
up €3,793 (+1,510%), from €251 to €4,044
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 | €306,258 | €257,828 | -€48,429 | -15.8% |
| Fixed assets | 21/28 | €46,759 | €13,256 | -€33,502 | -71.6% |
| Tangible fixed assets | 22/27 | €46,759 | €13,256 | -€33,502 | -71.6% |
| Plant, machinery and equipment | 23 | €347 | €0 | -€347 | -100% |
| Furniture and vehicles | 24 | €31,860 | €588 | -€31,272 | -98.2% |
| Other tangible fixed assets | 26 | €14,552 | €12,669 | -€1,883 | -12.9% |
| Current assets | 29/58 | €259,499 | €244,572 | -€14,927 | -5.8% |
| Amounts receivable within one year | 40/41 | €6,161 | €3,592 | -€2,570 | -41.7% |
| Trade receivables | 40 | €5,695 | €3,000 | -€2,695 | -47.3% |
| Other amounts receivable | 41 | €467 | €592 | +€125 | +26.8% |
| Cash at bank and in hand | 54/58 | €250,697 | €240,980 | -€9,717 | -3.9% |
| Deferred charges and accrued income | 490/1 | €2,641 | - | -€2,641 | |
| Total equity and liabilities | 10/49 | €306,258 | €257,828 | -€48,429 | -15.8% |
| Equity | 10/15 | €250,700 | €218,082 | -€32,618 | -13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €244,500 | €218,831 | -€25,669 | -10.5% |
| Distributable reserves | 133 | €244,500 | €218,831 | -€25,669 | -10.5% |
| Profit (loss) carried forward | 14 | - | -€6,949 | -€6,949 | |
| Amounts payable | 17/49 | €55,558 | €39,747 | -€15,811 | -28.5% |
| Amounts payable after more than one year | 17 | €8,517 | - | -€8,517 | |
| Financial debts | 170/4 | €8,517 | - | -€8,517 | |
| Amounts payable within one year | 42/48 | €47,041 | €39,747 | -€7,294 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €3,993 | €8,517 | +€4,525 | +113% |
| Trade debts | 44 | €1,614 | - | -€1,614 | |
| Suppliers | 440/4 | €1,614 | - | -€1,614 | |
| Taxes, remuneration and social security | 45 | €29,909 | €20,127 | -€9,782 | -32.7% |
| Taxes | 450/3 | €29,909 | €20,127 | -€9,782 | -32.7% |
| Other amounts payable | 47/48 | €11,524 | €11,102 | -€422 | -3.7% |
| Non-recurring operating income | 76A | €165,000 | - | -€165,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,789 | €2,708 | -€9,081 | -77.0% |
| Other operating charges | 640/8 | €691 | €14,022 | +€13,331 | +1,929% |
| Gross operating margin | 9900 | €177,841 | -€19,352 | -€197,193 | |
| Operating profit (loss) | 9901 | €165,361 | -€36,082 | -€201,443 | |
| Financial income | 75/76B | €251 | €4,044 | +€3,793 | +1,510% |
| Recurring financial income | 75 | €251 | €4,044 | +€3,793 | +1,510% |
| Financial charges | 65/66B | €1,353 | €580 | -€772 | -57.1% |
| Recurring financial charges | 65 | €1,353 | €580 | -€772 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €164,260 | -€32,618 | -€196,878 | |
| Income taxes | 67/77 | €17,374 | €0 | -€17,374 | -100% |
| Profit (loss) for the period | 9904 | €146,886 | -€32,618 | -€179,504 | |
| Profit (loss) for the period to be appropriated | 9905 | €146,886 | -€32,618 | -€179,504 |
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.