KLEIN: what changed
KLEIN
Largest movements
- Receivables within one year +€20,305
up €20,305 (+2,872%), from €707 to €21,012
of which Trade receivables: +€19,762
- Cash -€19,810
down €19,810 (-34.8%), from €56,962 to €37,152
mainly Receivables within one year (-€20,305) and Debts after one year (-€8,633)
- Tangible fixed assets -€10,789
down €10,789 (-10.0%), from €107,431 to €96,641
of which Land and buildings: -€10,169
- Stocks and contracts -€4,517
down €4,517 (-8.9%), from €50,884 to €46,367
- Debts after one year -€8,633
down €8,633 (-7.0%), from €122,786 to €114,153
- Other debts -€3,057
down €3,057 (-18.9%), from €16,216 to €13,158
- Gross operating margin -€13,963
down €13,963 (-42.5%), from €32,860 to €18,897
- Write-downs -€6,000
down €6,000 (-100%), from €6,000 to €0
- Taxes -€2,378
down €2,378 (-78.3%), from €3,037 to €660
- Financial charges -€479
down €479 (-9.4%), from €5,094 to €4,616
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 | €216,624 | €202,235 | -€14,390 | -6.6% |
| Fixed assets | 21/28 | €107,431 | €96,641 | -€10,789 | -10.0% |
| Tangible fixed assets | 22/27 | €107,431 | €96,641 | -€10,789 | -10.0% |
| Land and buildings | 22 | €106,377 | €96,208 | -€10,169 | -9.6% |
| Plant, machinery and equipment | 23 | €1,053 | €433 | -€620 | -58.9% |
| Current assets | 29/58 | €109,194 | €105,593 | -€3,600 | -3.3% |
| Stocks and contracts in progress | 3 | €50,884 | €46,367 | -€4,517 | -8.9% |
| Stocks | 30/36 | €50,884 | €46,367 | -€4,517 | -8.9% |
| Amounts receivable within one year | 40/41 | €707 | €21,012 | +€20,305 | +2,872% |
| Trade receivables | 40 | €0 | €19,762 | +€19,762 | |
| Other amounts receivable | 41 | €707 | €1,250 | +€543 | +76.8% |
| Cash at bank and in hand | 54/58 | €56,962 | €37,152 | -€19,810 | -34.8% |
| Deferred charges and accrued income | 490/1 | €640 | €1,062 | +€422 | +65.9% |
| Total equity and liabilities | 10/49 | €216,624 | €202,235 | -€14,390 | -6.6% |
| Equity | 10/15 | €57,543 | €58,082 | +€539 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,943 | €39,482 | +€539 | +1.4% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €36,443 | €36,982 | +€539 | +1.5% |
| Amounts payable | 17/49 | €159,081 | €144,153 | -€14,929 | -9.4% |
| Amounts payable after more than one year | 17 | €122,786 | €114,153 | -€8,633 | -7.0% |
| Financial debts | 170/4 | €122,786 | €114,153 | -€8,633 | -7.0% |
| Amounts payable within one year | 42/48 | €36,296 | €29,957 | -€6,339 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €8,436 | €8,633 | +€197 | +2.3% |
| Trade debts | 44 | €7,250 | €5,491 | -€1,759 | -24.3% |
| Suppliers | 440/4 | €7,250 | €5,491 | -€1,759 | -24.3% |
| Taxes, remuneration and social security | 45 | €4,394 | €2,674 | -€1,719 | -39.1% |
| Taxes | 450/3 | €2,037 | €2,674 | +€637 | +31.3% |
| Remuneration and social security | 454/9 | €2,356 | €0 | -€2,356 | -100% |
| Other amounts payable | 47/48 | €16,216 | €13,158 | -€3,057 | -18.9% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Non-recurring operating income | 76A | €14,340 | €0 | -€14,340 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,789 | €10,789 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,000 | €0 | -€6,000 | -100% |
| Other operating charges | 640/8 | €2,411 | €2,427 | +€16 | +0.7% |
| Gross operating margin | 9900 | €32,860 | €18,897 | -€13,963 | -42.5% |
| Operating profit (loss) | 9901 | €13,660 | €5,681 | -€7,979 | -58.4% |
| Financial income | 75/76B | €332 | €134 | -€198 | -59.6% |
| Recurring financial income | 75 | €332 | €134 | -€198 | -59.6% |
| Financial charges | 65/66B | €5,094 | €4,616 | -€479 | -9.4% |
| Recurring financial charges | 65 | €5,094 | €4,616 | -€479 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €8,898 | €1,199 | -€7,698 | -86.5% |
| Income taxes | 67/77 | €3,037 | €660 | -€2,378 | -78.3% |
| Profit (loss) for the period | 9904 | €5,860 | €539 | -€5,321 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,860 | €539 | -€5,321 | -90.8% |
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.