BART CLAES INSTALLATIES: 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.
BART CLAES INSTALLATIES
Largest movements
- Receivables within one year -€84,934
down €84,934 (-39.6%), from €214,423 to €129,490
of which Trade receivables: -€88,943
- Tangible fixed assets +€27,305
up €27,305 (+681%), from €4,012 to €31,317
of which Furniture and vehicles: +€28,479
- Cash +€2,477
up €2,477 (+777%), from €319 to €2,796
mainly Receivables within one year (+€84,934) and Debts after one year (+€38,144)
- Trade debts -€109,122
down €109,122 (-93.9%), from €116,171 to €7,049
- Debts after one year +€38,144
new in 2025: €38,144
- Reserves +€7,688
up €7,688 (+7.8%), from €98,528 to €106,217
of which Distributable reserves: +€7,688
- Current portion of long-term debt +€4,990
new in 2025: €4,990
- Short-term financial debts +€3,858
new in 2025: €3,858
- Staff costs -€18,846
down €18,846 (-45.3%), from €41,626 to €22,780
- Gross operating margin +€6,363
up €6,363 (+15.9%), from €39,942 to €46,305
- Financial income -€4,436
down €4,436 (-99.5%), from €4,457 to €22
- Other operating charges +€2,699
up €2,699 (+66.8%), from €4,043 to €6,742
- Taxes +€1,932
up €1,932 (+1,045%), from €185 to €2,117
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.
Derived cash bridge
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 | €223,555 | €168,787 | -€54,768 | -24.5% |
| Fixed assets | 21/28 | €4,012 | €31,317 | +€27,305 | +681% |
| Tangible fixed assets | 22/27 | €4,012 | €31,317 | +€27,305 | +681% |
| Land and buildings | 22 | €1,260 | €840 | -€420 | -33.3% |
| Plant, machinery and equipment | 23 | €2,526 | €1,772 | -€754 | -29.9% |
| Furniture and vehicles | 24 | €226 | €28,705 | +€28,479 | +12,605% |
| Current assets | 29/58 | €219,542 | €137,470 | -€82,072 | -37.4% |
| Stocks and contracts in progress | 3 | €4,800 | €4,800 | = | 0.0% |
| Stocks | 30/36 | €4,800 | €4,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €214,423 | €129,490 | -€84,934 | -39.6% |
| Trade receivables | 40 | €124,821 | €35,878 | -€88,943 | -71.3% |
| Other amounts receivable | 41 | €89,603 | €93,612 | +€4,009 | +4.5% |
| Cash at bank and in hand | 54/58 | €319 | €2,796 | +€2,477 | +777% |
| Deferred charges and accrued income | 490/1 | - | €384 | +€384 | |
| Total equity and liabilities | 10/49 | €223,555 | €168,787 | -€54,768 | -24.5% |
| Equity | 10/15 | €104,728 | €112,417 | +€7,688 | +7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,528 | €106,217 | +€7,688 | +7.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,100 | €17,100 | = | 0.0% |
| Distributable reserves | 133 | €79,568 | €87,257 | +€7,688 | +9.7% |
| Amounts payable | 17/49 | €118,826 | €56,370 | -€62,456 | -52.6% |
| Amounts payable after more than one year | 17 | - | €38,144 | +€38,144 | |
| Financial debts | 170/4 | - | €38,144 | +€38,144 | |
| Amounts payable within one year | 42/48 | €118,826 | €18,227 | -€100,600 | -84.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,990 | +€4,990 | |
| Financial debts | 43 | - | €3,858 | +€3,858 | |
| Other loans | 439 | - | €3,858 | +€3,858 | |
| Trade debts | 44 | €116,171 | €7,049 | -€109,122 | -93.9% |
| Suppliers | 440/4 | €116,171 | €7,049 | -€109,122 | -93.9% |
| Taxes, remuneration and social security | 45 | €2,655 | €2,329 | -€326 | -12.3% |
| Taxes | 450/3 | €185 | €2,302 | +€2,117 | +1,145% |
| Remuneration and social security | 454/9 | €2,470 | €27 | -€2,443 | -98.9% |
| Remuneration, social security and pensions | 62 | €41,626 | €22,780 | -€18,846 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,577 | €2,754 | +€1,178 | +74.7% |
| Other operating charges | 640/8 | €4,043 | €6,742 | +€2,699 | +66.8% |
| Gross operating margin | 9900 | €39,942 | €46,305 | +€6,363 | +15.9% |
| Operating profit (loss) | 9901 | -€7,304 | €14,029 | +€21,333 | |
| Financial income | 75/76B | €4,457 | €22 | -€4,436 | -99.5% |
| Recurring financial income | 75 | €4,457 | €22 | -€4,436 | -99.5% |
| Financial charges | 65/66B | €3,145 | €4,245 | +€1,100 | +35.0% |
| Recurring financial charges | 65 | €3,145 | €4,245 | +€1,100 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,991 | €9,806 | +€15,797 | |
| Income taxes | 67/77 | €185 | €2,117 | +€1,932 | +1,045% |
| Profit (loss) for the period | 9904 | -€6,176 | €7,688 | +€13,864 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,176 | €7,688 | +€13,864 |
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 1 November 2026 via checked.be.