AL CLAEYS: 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.
AL CLAEYS
Largest movements
- Cash +€704,889
up €704,889 (+67.7%), from €1.0m to €1.7m
mainly Current investments (+€450,000) and Net result for the year (+€406,038)
- Current investments -€450,000
down €450,000 (-33.3%), from €1.4m to €900,000
- Receivables within one year -€366,123
down €366,123 (-46.9%), from €779,961 to €413,838
of which Trade receivables: -€366,123
- Tangible fixed assets -€47,855
down €47,855 (-30.4%), from €157,373 to €109,518
of which Plant, machinery and equipment: -€34,497
- Other debts +€200,000
up €200,000 (+50.0%), from €400,000 to €600,000
- Profit (loss) carried forward -€193,962
down €193,962 (-19.1%), from €1.0m to €822,208
- Trade debts -€159,865
down €159,865 (-40.8%), from €391,960 to €232,095
- Gross operating margin -€491,901
down €491,901 (-28.8%), from €1.7m to €1.2m
- Staff costs -€126,970
down €126,970 (-15.1%), from €839,065 to €712,095
- Taxes -€68,340
down €68,340 (-32.4%), from €210,943 to €142,603
- Financial income +€54,199
up €54,199 (+768%), from €7,058 to €61,257
- Write-downs -€44,183
down €44,183, from €21,998 to -€22,186
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,423,752 | €3,273,428 | -€150,324 | -4.4% |
| Fixed assets | 21/28 | €157,373 | €109,518 | -€47,855 | -30.4% |
| Tangible fixed assets | 22/27 | €157,373 | €109,518 | -€47,855 | -30.4% |
| Plant, machinery and equipment | 23 | €120,982 | €86,486 | -€34,497 | -28.5% |
| Furniture and vehicles | 24 | €13,078 | €7,725 | -€5,354 | -40.9% |
| Other tangible fixed assets | 26 | €23,313 | €15,308 | -€8,005 | -34.3% |
| Current assets | 29/58 | €3,266,379 | €3,163,910 | -€102,469 | -3.1% |
| Stocks and contracts in progress | 3 | €80,714 | €81,126 | +€412 | +0.5% |
| Stocks | 30/36 | €80,714 | €81,126 | +€412 | +0.5% |
| Amounts receivable within one year | 40/41 | €779,961 | €413,838 | -€366,123 | -46.9% |
| Trade receivables | 40 | €779,301 | €413,179 | -€366,123 | -47.0% |
| Other amounts receivable | 41 | €660 | €660 | = | 0.0% |
| Current investments | 50/53 | €1,350,000 | €900,000 | -€450,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €1,041,480 | €1,746,369 | +€704,889 | +67.7% |
| Deferred charges and accrued income | 490/1 | €14,223 | €22,576 | +€8,353 | +58.7% |
| Total equity and liabilities | 10/49 | €3,423,752 | €3,273,428 | -€150,324 | -4.4% |
| Equity | 10/15 | €1,929,423 | €1,735,461 | -€193,962 | -10.1% |
| Contributions | 10/11 | €101,211 | €101,211 | = | 0.0% |
| Capital | 10 | €95,578 | €95,578 | = | 0.0% |
| Issued capital | 100 | €95,578 | €95,578 | = | 0.0% |
| Contributions outside capital | 11 | €5,634 | €5,634 | = | 0.0% |
| Share premium | 1100/10 | €5,634 | €5,634 | = | 0.0% |
| Reserves | 13 | €812,042 | €812,042 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,558 | €9,558 | = | 0.0% |
| Legal reserve | 130 | €9,558 | €9,558 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,131 | €5,131 | = | 0.0% |
| Distributable reserves | 133 | €797,353 | €797,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,016,170 | €822,208 | -€193,962 | -19.1% |
| Provisions and deferred taxes | 16 | €497,000 | €483,000 | -€14,000 | -2.8% |
| Provisions for liabilities and charges | 160/5 | €497,000 | €483,000 | -€14,000 | -2.8% |
| Major repairs and maintenance | 162 | €20,000 | €18,000 | -€2,000 | -10.0% |
| Environmental obligations | 163 | €229,000 | €220,000 | -€9,000 | -3.9% |
| Other liabilities and charges | 164/5 | €248,000 | €245,000 | -€3,000 | -1.2% |
| Amounts payable | 17/49 | €997,329 | €1,054,967 | +€57,638 | +5.8% |
| Amounts payable within one year | 42/48 | €991,329 | €1,048,467 | +€57,138 | +5.8% |
| Trade debts | 44 | €391,960 | €232,095 | -€159,865 | -40.8% |
| Suppliers | 440/4 | €391,960 | €232,095 | -€159,865 | -40.8% |
| Taxes, remuneration and social security | 45 | €199,369 | €216,372 | +€17,003 | +8.5% |
| Taxes | 450/3 | €51,979 | €95,470 | +€43,491 | +83.7% |
| Remuneration and social security | 454/9 | €147,390 | €120,902 | -€26,488 | -18.0% |
| Other amounts payable | 47/48 | €400,000 | €600,000 | +€200,000 | +50.0% |
| Accrued charges and deferred income | 492/3 | €6,000 | €6,500 | +€500 | +8.3% |
| Non-recurring operating income | 76A | €0 | €15,531 | +€15,531 | |
| Remuneration, social security and pensions | 62 | €839,065 | €712,095 | -€126,970 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,852 | €47,855 | -€1,997 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,998 | -€22,186 | -€44,183 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€24,500 | -€14,000 | +€10,500 | +42.9% |
| Other operating charges | 640/8 | €2,666 | €2,823 | +€157 | +5.9% |
| Gross operating margin | 9900 | €1,706,873 | €1,214,972 | -€491,901 | -28.8% |
| Operating profit (loss) | 9901 | €817,793 | €488,386 | -€329,407 | -40.3% |
| Financial income | 75/76B | €7,058 | €61,257 | +€54,199 | +768% |
| Recurring financial income | 75 | €7,058 | €61,257 | +€54,199 | +768% |
| Financial charges | 65/66B | €672 | €1,001 | +€329 | +48.9% |
| Recurring financial charges | 65 | €672 | €1,001 | +€329 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €824,178 | €548,641 | -€275,537 | -33.4% |
| Income taxes | 67/77 | €210,943 | €142,603 | -€68,340 | -32.4% |
| Profit (loss) for the period | 9904 | €613,235 | €406,038 | -€207,197 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €613,235 | €406,038 | -€207,197 | -33.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.