CLAERHOUT G.: what changed
CLAERHOUT G.
Largest movements
- Cash +€39,469
up €39,469 (+15.8%), from €250,543 to €290,012
mainly Net result for the year (+€65,393) and Depreciation (+€41,088)
- Tangible fixed assets -€27,376
down €27,376 (-15.7%), from €174,057 to €146,682
of which Land and buildings: -€18,906
- Other debts +€37,335
up €37,335, from €0 to €37,335
- Reserves -€24,588
down €24,588 (-5.8%), from €424,711 to €400,123
of which Distributable reserves: -€24,588
- Tax, wage and social debts -€4,960
down €4,960 (-29.8%), from €16,618 to €11,658
of which Remuneration and social security: -€3,647
- Trade debts +€4,776
up €4,776 (+256%), from €1,862 to €6,638
- Financial charges -€5,438
down €5,438 (-60.1%), from €9,045 to €3,607
- Staff costs +€4,969
up €4,969 (+13.2%), from €37,515 to €42,484
- Gross operating margin -€3,023
down €3,023 (-1.6%), from €186,965 to €183,942
- Taxes -€2,743
down €2,743 (-9.7%), from €28,287 to €25,544
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,234 | €475,557 | +€13,323 | +2.9% |
| Fixed assets | 21/28 | €174,057 | €146,682 | -€27,376 | -15.7% |
| Tangible fixed assets | 22/27 | €174,057 | €146,682 | -€27,376 | -15.7% |
| Land and buildings | 22 | €108,047 | €89,142 | -€18,906 | -17.5% |
| Plant, machinery and equipment | 23 | €33,575 | €35,876 | +€2,301 | +6.9% |
| Furniture and vehicles | 24 | €32,435 | €21,664 | -€10,771 | -33.2% |
| Current assets | 29/58 | €288,176 | €328,875 | +€40,699 | +14.1% |
| Amounts receivable within one year | 40/41 | €17,789 | €18,537 | +€748 | +4.2% |
| Trade receivables | 40 | €5,622 | €7,541 | +€1,919 | +34.1% |
| Other amounts receivable | 41 | €12,167 | €10,996 | -€1,171 | -9.6% |
| Cash at bank and in hand | 54/58 | €250,543 | €290,012 | +€39,469 | +15.8% |
| Deferred charges and accrued income | 490/1 | €19,844 | €20,326 | +€481 | +2.4% |
| Total equity and liabilities | 10/49 | €462,234 | €475,557 | +€13,323 | +2.9% |
| Equity | 10/15 | €443,311 | €418,723 | -€24,588 | -5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €424,711 | €400,123 | -€24,588 | -5.8% |
| Non-distributable reserves | 130/1 | €1,772 | €1,772 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,772 | €1,772 | = | 0.0% |
| Tax-exempt reserves | 132 | €554 | €554 | = | 0.0% |
| Distributable reserves | 133 | €422,385 | €397,797 | -€24,588 | -5.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,923 | €56,834 | +€37,911 | +200% |
| Amounts payable within one year | 42/48 | €18,480 | €55,631 | +€37,151 | +201% |
| Trade debts | 44 | €1,862 | €6,638 | +€4,776 | +256% |
| Suppliers | 440/4 | €1,862 | €6,638 | +€4,776 | +256% |
| Taxes, remuneration and social security | 45 | €16,618 | €11,658 | -€4,960 | -29.8% |
| Taxes | 450/3 | €8,657 | €7,345 | -€1,312 | -15.2% |
| Remuneration and social security | 454/9 | €7,961 | €4,314 | -€3,647 | -45.8% |
| Other amounts payable | 47/48 | €0 | €37,335 | +€37,335 | |
| Accrued charges and deferred income | 492/3 | €443 | €1,202 | +€760 | +172% |
| Remuneration, social security and pensions | 62 | €37,515 | €42,484 | +€4,969 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,121 | €41,088 | -€1,033 | -2.5% |
| Other operating charges | 640/8 | €5,679 | €5,834 | +€154 | +2.7% |
| Gross operating margin | 9900 | €186,965 | €183,942 | -€3,023 | -1.6% |
| Operating profit (loss) | 9901 | €101,649 | €94,536 | -€7,113 | -7.0% |
| Financial income | 75/76B | €152 | €7 | -€145 | -95.6% |
| Recurring financial income | 75 | €152 | €7 | -€145 | -95.6% |
| Financial charges | 65/66B | €9,045 | €3,607 | -€5,438 | -60.1% |
| Recurring financial charges | 65 | €9,045 | €3,607 | -€5,438 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | €92,756 | €90,936 | -€1,820 | -2.0% |
| Income taxes | 67/77 | €28,287 | €25,544 | -€2,743 | -9.7% |
| Profit (loss) for the period | 9904 | €64,470 | €65,393 | +€923 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,470 | €65,393 | +€923 | +1.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.