ANNICK CLAESSENS: what changed
Two fiscal 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.
ANNICK CLAESSENS
Largest movements
- Cash +€23,722
up €23,722 (+28.7%), from €82,597 to €106,319
mainly Net result for the year (+€15,317) and Depreciation (+€9,167)
- Tangible fixed assets -€9,167
down €9,167 (-25.2%), from €36,384 to €27,217
- Receivables within one year -€2,598
down €2,598 (-39.2%), from €6,630 to €4,032
of which Other amounts receivable: -€2,598
- Profit (loss) carried forward +€13,859
up €13,859 (+76.9%), from -€18,020 to -€4,161
- Debts after one year -€7,000
down €7,000 (-23.3%), from €30,000 to €23,000
- Other debts +€3,463
up €3,463 (+7870.5%), from €44 to €3,507
- Tax, wage and social debts +€2,623
new in 2025: €2,623
of which Remuneration and social security: +€2,000
- Gross operating margin +€33,244
up €33,244, from -€3,343 to €29,901
- Other operating charges +€462
up €462 (+23.3%), from €1,986 to €2,448
- Financial charges -€461
down €461 (-15.3%), from €3,019 to €2,558
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.
Cash bridge derived
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 | €129,807 | €142,328 | +€12,521 | +9.6% |
| Fixed assets | 21/28 | €37,359 | €28,192 | -€9,167 | -24.5% |
| Tangible fixed assets | 22/27 | €36,384 | €27,217 | -€9,167 | -25.2% |
| Furniture and vehicles | 24 | €36,384 | €27,217 | -€9,167 | -25.2% |
| Financial fixed assets | 28 | €975 | €975 | = | 0.0% |
| Current assets | 29/58 | €92,448 | €114,136 | +€21,688 | +23.5% |
| Amounts receivable within one year | 40/41 | €6,630 | €4,032 | -€2,598 | -39.2% |
| Trade receivables | 40 | €145 | €145 | = | 0.0% |
| Other amounts receivable | 41 | €6,485 | €3,887 | -€2,598 | -40.1% |
| Cash at bank and in hand | 54/58 | €82,597 | €106,319 | +€23,722 | +28.7% |
| Deferred charges and accrued income | 490/1 | €3,221 | €3,785 | +€564 | +17.5% |
| Total equity and liabilities | 10/49 | €129,807 | €142,328 | +€12,521 | +9.6% |
| Equity | 10/15 | €99,430 | €113,029 | +€13,599 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,850 | €98,590 | -€260 | -0.3% |
| Distributable reserves | 133 | €98,850 | €98,590 | -€260 | -0.3% |
| Profit (loss) carried forward | 14 | -€18,020 | -€4,161 | +€13,859 | +76.9% |
| Amounts payable | 17/49 | €30,377 | €29,299 | -€1,078 | -3.5% |
| Amounts payable after more than one year | 17 | €30,000 | €23,000 | -€7,000 | -23.3% |
| Other amounts payable | 178/9 | €30,000 | €23,000 | -€7,000 | -23.3% |
| Amounts payable within one year | 42/48 | €377 | €6,299 | +€5,922 | +1570.8% |
| Trade debts | 44 | €333 | €169 | -€164 | -49.2% |
| Suppliers | 440/4 | €333 | €169 | -€164 | -49.2% |
| Taxes, remuneration and social security | 45 | - | €2,623 | +€2,623 | |
| Taxes | 450/3 | - | €623 | +€623 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €44 | €3,507 | +€3,463 | +7870.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,322 | €9,167 | -€155 | -1.7% |
| Other operating charges | 640/8 | €1,986 | €2,448 | +€462 | +23.3% |
| Gross operating margin | 9900 | -€3,343 | €29,901 | +€33,244 | |
| Operating profit (loss) | 9901 | -€14,651 | €18,286 | +€32,937 | |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €3,019 | €2,558 | -€461 | -15.3% |
| Recurring financial charges | 65 | €3,019 | €2,558 | -€461 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,670 | €15,754 | +€33,424 | |
| Income taxes | 67/77 | €350 | €437 | +€87 | +24.9% |
| Profit (loss) for the period | 9904 | -€18,020 | €15,317 | +€33,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,020 | €15,317 | +€33,337 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.