B&A 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.
B&A CLAEYS
Largest movements
- Receivables within one year +€58,258
up €58,258 (+76.7%), from €75,982 to €134,240
of which Trade receivables: +€58,258
- Tangible fixed assets +€38,043
up €38,043 (+39.5%), from €96,230 to €134,274
of which Plant, machinery and equipment: +€43,493
- Cash -€26,428
down €26,428 (-14.7%), from €180,239 to €153,811
mainly Receivables within one year (-€58,258) and Investment in fixed assets (net) (-€57,043)
- Reserves +€80,189
up €80,189 (+32.8%), from €244,501 to €324,690
- Trade debts -€14,531
down €14,531 (-40.0%), from €36,294 to €21,762
- Tax, wage and social debts +€12,084
up €12,084 (+55.6%), from €21,750 to €33,834
of which Taxes: +€12,084
- Debts after one year -€10,000
down €10,000 (-27.9%), from €35,833 to €25,833
- Gross operating margin +€42,698
up €42,698 (+47.3%), from €90,355 to €133,053
- Depreciation +€11,069
up €11,069 (+139.6%), from €7,931 to €19,000
- Taxes +€8,742
up €8,742 (+40.8%), from €21,428 to €30,170
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 | €365,247 | €432,116 | +€66,869 | +18.3% |
| Fixed assets | 21/28 | €96,230 | €134,274 | +€38,043 | +39.5% |
| Tangible fixed assets | 22/27 | €96,230 | €134,274 | +€38,043 | +39.5% |
| Land and buildings | 22 | €8,928 | €8,031 | -€897 | -10.0% |
| Plant, machinery and equipment | 23 | €74,050 | €117,543 | +€43,493 | +58.7% |
| Furniture and vehicles | 24 | €13,253 | €8,699 | -€4,553 | -34.4% |
| Current assets | 29/58 | €269,016 | €297,842 | +€28,826 | +10.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €5,427 | €3,949 | -€1,478 | -27.2% |
| Stocks | 30/36 | €5,427 | €3,949 | -€1,478 | -27.2% |
| Amounts receivable within one year | 40/41 | €75,982 | €134,240 | +€58,258 | +76.7% |
| Trade receivables | 40 | €75,982 | €134,240 | +€58,258 | +76.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €180,239 | €153,811 | -€26,428 | -14.7% |
| Deferred charges and accrued income | 490/1 | €7,368 | €5,842 | -€1,527 | -20.7% |
| Total equity and liabilities | 10/49 | €365,247 | €432,116 | +€66,869 | +18.3% |
| Equity | 10/15 | €256,904 | €337,093 | +€80,189 | +31.2% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €244,501 | €324,690 | +€80,189 | +32.8% |
| Distributable reserves | 133 | €244,501 | €324,690 | +€80,189 | +32.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,343 | €95,023 | -€13,320 | -12.3% |
| Amounts payable after more than one year | 17 | €35,833 | €25,833 | -€10,000 | -27.9% |
| Financial debts | 170/4 | €35,833 | €25,833 | -€10,000 | -27.9% |
| Amounts payable within one year | 42/48 | €72,510 | €69,190 | -€3,320 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 43 | €591 | €295 | -€296 | -50.1% |
| Credit institutions | 430/8 | €591 | €295 | -€296 | -50.1% |
| Trade debts | 44 | €36,294 | €21,762 | -€14,531 | -40.0% |
| Suppliers | 440/4 | €36,294 | €21,762 | -€14,531 | -40.0% |
| Taxes, remuneration and social security | 45 | €21,750 | €33,834 | +€12,084 | +55.6% |
| Taxes | 450/3 | €18,750 | €30,834 | +€12,084 | +64.4% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,875 | €3,299 | -€576 | -14.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,931 | €19,000 | +€11,069 | +139.6% |
| Other operating charges | 640/8 | €1,388 | €1,825 | +€437 | +31.5% |
| Gross operating margin | 9900 | €90,355 | €133,053 | +€42,698 | +47.3% |
| Operating profit (loss) | 9901 | €81,036 | €112,229 | +€31,193 | +38.5% |
| Financial income | 75/76B | €742 | €534 | -€208 | -28.0% |
| Recurring financial income | 75 | €742 | €534 | -€208 | -28.0% |
| Financial charges | 65/66B | €1,717 | €2,404 | +€687 | +40.0% |
| Recurring financial charges | 65 | €1,717 | €2,404 | +€687 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €80,061 | €110,359 | +€30,298 | +37.8% |
| Income taxes | 67/77 | €21,428 | €30,170 | +€8,742 | +40.8% |
| Profit (loss) for the period | 9904 | €58,633 | €80,189 | +€21,556 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,633 | €80,189 | +€21,556 | +36.8% |
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 12 October 2026 via checked.be.