CLACO: 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.
CLACO
Largest movements
- Receivables after one year -€115,000
down €115,000 (-15.9%), from €725,000 to €610,000
- Cash +€97,167
up €97,167 (+129.0%), from €75,339 to €172,506
mainly Other debts (+€235,764) and Receivables after one year (+€115,000)
- Receivables within one year -€16,282
down €16,282 (-25.0%), from €65,187 to €48,905
of which Trade receivables: -€17,183
- Reserves -€264,981
down €264,981 (-87.8%), from €301,656 to €36,675
- Other debts +€235,764
up €235,764 (+927.4%), from €25,421 to €261,185
- Gross operating margin -€13,291
down €13,291 (-23.7%), from €55,962 to €42,671
- Taxes -€2,136
down €2,136 (-17.1%), from €12,501 to €10,364
- Depreciation -€1,207
down €1,207 (-29.7%), from €4,063 to €2,857
- Financial income -€1,166
down €1,166 (-7.8%), from €14,983 to €13,817
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 | €870,382 | €839,220 | -€31,161 | -3.6% |
| Fixed assets | 21/28 | €4,780 | €7,732 | +€2,953 | +61.8% |
| Tangible fixed assets | 22/27 | €4,780 | €7,732 | +€2,953 | +61.8% |
| Furniture and vehicles | 24 | €801 | €5,721 | +€4,920 | +613.9% |
| Other tangible fixed assets | 26 | €3,978 | €2,011 | -€1,967 | -49.4% |
| Current assets | 29/58 | €865,602 | €831,488 | -€34,114 | -3.9% |
| Amounts receivable after more than one year | 29 | €725,000 | €610,000 | -€115,000 | -15.9% |
| Other amounts receivable | 291 | €725,000 | €610,000 | -€115,000 | -15.9% |
| Amounts receivable within one year | 40/41 | €65,187 | €48,905 | -€16,282 | -25.0% |
| Trade receivables | 40 | €46,223 | €29,040 | -€17,183 | -37.2% |
| Other amounts receivable | 41 | €18,964 | €19,865 | +€901 | +4.8% |
| Cash at bank and in hand | 54/58 | €75,339 | €172,506 | +€97,167 | +129.0% |
| Deferred charges and accrued income | 490/1 | €75 | €77 | +€1 | +1.9% |
| Total equity and liabilities | 10/49 | €870,382 | €839,220 | -€31,161 | -3.6% |
| Equity | 10/15 | €301,756 | €36,775 | -€264,981 | -87.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €301,656 | €36,675 | -€264,981 | -87.8% |
| Distributable reserves | 133 | €301,656 | €36,675 | -€264,981 | -87.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €568,625 | €802,445 | +€233,820 | +41.1% |
| Amounts payable after more than one year | 17 | €530,000 | €530,000 | = | 0.0% |
| Other amounts payable | 178/9 | €530,000 | €530,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,625 | €272,445 | +€233,820 | +605.4% |
| Trade debts | 44 | €5,190 | €4,426 | -€765 | -14.7% |
| Suppliers | 440/4 | €5,190 | €4,426 | -€765 | -14.7% |
| Taxes, remuneration and social security | 45 | €8,014 | €6,834 | -€1,180 | -14.7% |
| Taxes | 450/3 | €8,014 | €6,834 | -€1,180 | -14.7% |
| Other amounts payable | 47/48 | €25,421 | €261,185 | +€235,764 | +927.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,063 | €2,857 | -€1,207 | -29.7% |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | €55,962 | €42,671 | -€13,291 | -23.7% |
| Operating profit (loss) | 9901 | €51,285 | €39,187 | -€12,098 | -23.6% |
| Financial income | 75/76B | €14,983 | €13,817 | -€1,166 | -7.8% |
| Recurring financial income | 75 | €14,983 | €13,817 | -€1,166 | -7.8% |
| Financial charges | 65/66B | €6,539 | €6,444 | -€95 | -1.4% |
| Recurring financial charges | 65 | €6,539 | €6,444 | -€95 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €59,729 | €46,560 | -€13,170 | -22.0% |
| Income taxes | 67/77 | €12,501 | €10,364 | -€2,136 | -17.1% |
| Profit (loss) for the period | 9904 | €47,229 | €36,195 | -€11,033 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,229 | €36,195 | -€11,033 | -23.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.