CLAEMA: 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.
CLAEMA
Largest movements
- Current investments +€22,252
up €22,252 (+216.7%), from €10,270 to €32,522
- Cash -€18,106
down €18,106 (-47.2%), from €38,383 to €20,277
mainly Investment in fixed assets (net) (-€39,552) and Other debts (-€34,540)
- Tangible fixed assets -€15,893
down €15,893 (-2.9%), from €542,180 to €526,286
of which Land and buildings: -€20,198
- Other debts -€34,540
down €34,540 (-48.5%), from €71,144 to €36,604
- Reserves +€22,129
up €22,129 (+7.8%), from €284,059 to €306,188
of which Distributable reserves: +€22,129
- Gross operating margin -€27,033
down €27,033 (-19.4%), from €139,120 to €112,088
- Taxes -€10,441
down €10,441 (-51.6%), from €20,239 to €9,798
- Depreciation +€5,367
up €5,367 (+10.7%), from €50,079 to €55,446
- Financial charges -€2,795
down €2,795 (-41.8%), from €6,694 to €3,899
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 | €599,684 | €591,490 | -€8,195 | -1.4% |
| Fixed assets | 21/28 | €542,180 | €526,286 | -€15,893 | -2.9% |
| Tangible fixed assets | 22/27 | €542,180 | €526,286 | -€15,893 | -2.9% |
| Land and buildings | 22 | €542,180 | €521,982 | -€20,198 | -3.7% |
| Plant, machinery and equipment | 23 | - | €4,304 | +€4,304 | |
| Current assets | 29/58 | €57,505 | €65,203 | +€7,699 | +13.4% |
| Amounts receivable within one year | 40/41 | - | €2,711 | +€2,711 | |
| Other amounts receivable | 41 | - | €2,711 | +€2,711 | |
| Current investments | 50/53 | €10,270 | €32,522 | +€22,252 | +216.7% |
| Cash at bank and in hand | 54/58 | €38,383 | €20,277 | -€18,106 | -47.2% |
| Deferred charges and accrued income | 490/1 | €8,851 | €9,694 | +€842 | +9.5% |
| Total equity and liabilities | 10/49 | €599,684 | €591,490 | -€8,195 | -1.4% |
| Equity | 10/15 | €484,059 | €506,188 | +€22,129 | +4.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €284,059 | €306,188 | +€22,129 | +7.8% |
| Non-distributable reserves | 130/1 | €75,979 | €75,979 | = | 0.0% |
| Legal reserve | 130 | €75,979 | €75,979 | = | 0.0% |
| Distributable reserves | 133 | €208,079 | €230,208 | +€22,129 | +10.6% |
| Amounts payable | 17/49 | €115,625 | €85,302 | -€30,323 | -26.2% |
| Amounts payable within one year | 42/48 | €90,263 | €56,155 | -€34,107 | -37.8% |
| Trade debts | 44 | €6,134 | €6,567 | +€433 | +7.1% |
| Suppliers | 440/4 | €6,134 | €6,567 | +€433 | +7.1% |
| Taxes, remuneration and social security | 45 | €12,985 | €12,985 | = | 0.0% |
| Taxes | 450/3 | €12,985 | €12,985 | = | 0.0% |
| Other amounts payable | 47/48 | €71,144 | €36,604 | -€34,540 | -48.5% |
| Accrued charges and deferred income | 492/3 | €25,363 | €29,147 | +€3,784 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,079 | €55,446 | +€5,367 | +10.7% |
| Other operating charges | 640/8 | €20,519 | €21,006 | +€486 | +2.4% |
| Gross operating margin | 9900 | €139,120 | €112,088 | -€27,033 | -19.4% |
| Operating profit (loss) | 9901 | €68,522 | €35,636 | -€32,886 | -48.0% |
| Financial income | 75/76B | €0 | €190 | +€190 | +111564.7% |
| Recurring financial income | 75 | €0 | €190 | +€190 | +111564.7% |
| Financial charges | 65/66B | €6,694 | €3,899 | -€2,795 | -41.8% |
| Recurring financial charges | 65 | €6,694 | €3,899 | -€2,795 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €61,828 | €31,927 | -€29,901 | -48.4% |
| Income taxes | 67/77 | €20,239 | €9,798 | -€10,441 | -51.6% |
| Profit (loss) for the period | 9904 | €41,589 | €22,129 | -€19,460 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,589 | €22,129 | -€19,460 | -46.8% |
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 3 October 2026 via checked.be.