C.S. CLAES: 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.
C.S. CLAES
Largest movements
- Stocks and contracts -€158,783
down €158,783 (-57.4%), from €276,733 to €117,950
of which Stocks: -€158,783
- Deferred charges and accrued income +€18,979
up €18,979 (+98.4%), from €19,290 to €38,269
- Receivables within one year -€15,158
down €15,158 (-18.1%), from €83,534 to €68,376
of which Other amounts receivable: -€14,476
- Profit (loss) carried forward -€202,464
down €202,464 (-389%), from -€52,090 to -€254,554
- Short-term financial debts +€120,830
up €120,830 (+414%), from €29,170 to €150,000
- Debts after one year -€72,212
down €72,212 (-44.9%), from €160,785 to €88,573
of which Financial debts: -€55,427
- Gross operating margin -€281,015
down €281,015, from €128,616 to -€152,399
- Staff costs -€68,541
down €68,541 (-64.9%), from €105,569 to €37,028
- Taxes -€7,767
down €7,767 (-62.2%), from €12,484 to €4,718
- Other operating charges -€4,463
down €4,463 (-99.9%), from €4,466 to €3
- Financial income -€2,729
no longer reported in 2024 (was €2,729)
of which Financial income: -€2,729
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 | €399,080 | €243,831 | -€155,249 | -38.9% |
| Fixed assets | 21/28 | €17,983 | €17,983 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,983 | €17,983 | = | 0.0% |
| Plant, machinery and equipment | 23 | €17,983 | €17,983 | = | 0.0% |
| Current assets | 29/58 | €381,096 | €225,847 | -€155,249 | -40.7% |
| Stocks and contracts in progress | 3 | €276,733 | €117,950 | -€158,783 | -57.4% |
| Stocks | 30/36 | €268,083 | €109,300 | -€158,783 | -59.2% |
| Contracts in progress | 37 | €8,650 | €8,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,534 | €68,376 | -€15,158 | -18.1% |
| Trade receivables | 40 | €68,439 | €67,757 | -€682 | -1.0% |
| Other amounts receivable | 41 | €15,095 | €620 | -€14,476 | -95.9% |
| Cash at bank and in hand | 54/58 | €1,539 | €1,252 | -€287 | -18.7% |
| Deferred charges and accrued income | 490/1 | €19,290 | €38,269 | +€18,979 | +98.4% |
| Total equity and liabilities | 10/49 | €399,080 | €243,831 | -€155,249 | -38.9% |
| Equity | 10/15 | €203,132 | €668 | -€202,464 | -99.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €230,432 | €230,432 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,691 | €8,691 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Other | 1319 | €6,213 | €6,213 | = | 0.0% |
| Distributable reserves | 133 | €221,741 | €221,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,090 | -€254,554 | -€202,464 | -389% |
| Amounts payable | 17/49 | €195,948 | €243,163 | +€47,215 | +24.1% |
| Amounts payable after more than one year | 17 | €160,785 | €88,573 | -€72,212 | -44.9% |
| Financial debts | 170/4 | €144,000 | €88,573 | -€55,427 | -38.5% |
| Other amounts payable | 178/9 | €16,785 | - | -€16,785 | |
| Amounts payable within one year | 42/48 | €35,163 | €154,590 | +€119,427 | +340% |
| Financial debts | 43 | €29,170 | €150,000 | +€120,830 | +414% |
| Credit institutions | 430/8 | €29,170 | €150,000 | +€120,830 | +414% |
| Trade debts | 44 | €5,993 | €2,203 | -€3,789 | -63.2% |
| Suppliers | 440/4 | €5,993 | €2,203 | -€3,789 | -63.2% |
| Taxes, remuneration and social security | 45 | - | €2,386 | +€2,386 | |
| Taxes | 450/3 | - | €2,386 | +€2,386 | |
| Remuneration, social security and pensions | 62 | €105,569 | €37,028 | -€68,541 | -64.9% |
| Other operating charges | 640/8 | €4,466 | €3 | -€4,463 | -99.9% |
| Gross operating margin | 9900 | €128,616 | -€152,399 | -€281,015 | |
| Operating profit (loss) | 9901 | €18,582 | -€189,430 | -€208,012 | |
| Financial income | 75/76B | €2,729 | - | -€2,729 | |
| Recurring financial income | 75 | €2,729 | - | -€2,729 | |
| Non-recurring financial income | 76B | €2,729 | - | -€2,729 | |
| Financial charges | 65/66B | €7,839 | €8,316 | +€477 | +6.1% |
| Recurring financial charges | 65 | €7,839 | €8,316 | +€477 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €13,472 | -€197,747 | -€211,219 | |
| Income taxes | 67/77 | €12,484 | €4,718 | -€7,767 | -62.2% |
| Profit (loss) for the period | 9904 | €988 | -€202,464 | -€203,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €988 | -€202,464 | -€203,452 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.