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.
CLAES
Largest movements
- Receivables within one year -€122,891
down €122,891 (-51.8%), from €237,122 to €114,230
of which Other amounts receivable: -€104,921
- Cash +€68,840
up €68,840 (+1,482%), from €4,644 to €73,485
mainly Receivables within one year (+€122,891) and Depreciation (+€3,525)
- Tangible fixed assets -€3,525
down €3,525 (-100%), from €3,525 to €0
of which Furniture and vehicles: -€3,525
- Other debts -€31,249
down €31,249 (-100%), from €31,249 to €0
- Tax, wage and social debts -€15,145
down €15,145 (-100%), from €15,145 to €0
of which Taxes: -€15,145
- Profit (loss) carried forward -€10,304
down €10,304 (-35.0%), from €29,440 to €19,136
- Gross operating margin -€268,008
down €268,008, from €256,946 to -€11,061
- Staff costs -€48,908
down €48,908 (-100%), from €48,908 to €0
- Taxes -€15,282
down €15,282 (-97.9%), from €15,612 to €330
- Other operating charges -€14,764
down €14,764 (-95.7%), from €15,420 to €656
- Depreciation +€3,525
up €3,525, from €0 to €3,525
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 | €298,142 | €240,102 | -€58,040 | -19.5% |
| Fixed assets | 21/28 | €3,525 | €0 | -€3,525 | -100% |
| Tangible fixed assets | 22/27 | €3,525 | €0 | -€3,525 | -100% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,525 | €0 | -€3,525 | -100% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €294,617 | €240,102 | -€54,515 | -18.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €237,122 | €114,230 | -€122,891 | -51.8% |
| Trade receivables | 40 | €121,363 | €103,392 | -€17,971 | -14.8% |
| Other amounts receivable | 41 | €115,759 | €10,838 | -€104,921 | -90.6% |
| Current investments | 50/53 | €52,388 | €52,388 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,644 | €73,485 | +€68,840 | +1,482% |
| Deferred charges and accrued income | 490/1 | €463 | €0 | -€463 | -100% |
| Total equity and liabilities | 10/49 | €298,142 | €240,102 | -€58,040 | -19.5% |
| Equity | 10/15 | €248,901 | €238,598 | -€10,304 | -4.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €213,264 | €213,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €211,264 | €211,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,440 | €19,136 | -€10,304 | -35.0% |
| Amounts payable | 17/49 | €49,241 | €1,505 | -€47,736 | -96.9% |
| Amounts payable within one year | 42/48 | €49,241 | €1,505 | -€47,736 | -96.9% |
| Trade debts | 44 | €2,846 | €1,505 | -€1,341 | -47.1% |
| Suppliers | 440/4 | €2,846 | €1,505 | -€1,341 | -47.1% |
| Taxes, remuneration and social security | 45 | €15,145 | €0 | -€15,145 | -100% |
| Taxes | 450/3 | €15,145 | €0 | -€15,145 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,249 | €0 | -€31,249 | -100% |
| Non-recurring operating income | 76A | €245,332 | €0 | -€245,332 | -100% |
| Remuneration, social security and pensions | 62 | €48,908 | €0 | -€48,908 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €3,525 | +€3,525 | |
| Other operating charges | 640/8 | €15,420 | €656 | -€14,764 | -95.7% |
| Gross operating margin | 9900 | €256,946 | -€11,061 | -€268,008 | |
| Operating profit (loss) | 9901 | €192,618 | -€15,242 | -€207,860 | |
| Financial income | 75/76B | €4,519 | €6,328 | +€1,809 | +40.0% |
| Recurring financial income | 75 | €4,519 | €6,328 | +€1,809 | +40.0% |
| Financial charges | 65/66B | €2,085 | €1,059 | -€1,025 | -49.2% |
| Recurring financial charges | 65 | €2,085 | €1,059 | -€1,025 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €195,052 | -€9,974 | -€205,026 | |
| Income taxes | 67/77 | €15,612 | €330 | -€15,282 | -97.9% |
| Profit (loss) for the period | 9904 | €179,440 | -€10,304 | -€189,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €179,440 | -€10,304 | -€189,744 |
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 14 October 2026 via checked.be.