CLAES Diederik: 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 Diederik
Largest movements
- Tangible fixed assets +€135,726
up €135,726 (+34.8%), from €390,144 to €525,871
of which Land and buildings: +€121,132
- Receivables within one year +€60,390
up €60,390 (+1,090%), from €5,541 to €65,931
of which Other amounts receivable: +€64,259
- Stocks and contracts +€56,437
up €56,437 (+58.6%), from €96,289 to €152,726
- Cash +€27,165
up €27,165 (+173%), from €15,709 to €42,874
mainly Debts after one year (+€162,546) and Net result for the year (+€51,038)
- Debts after one year +€162,546
up €162,546 (+140%), from €115,739 to €278,285
- Other debts +€37,527
up €37,527 (+92.0%), from €40,799 to €78,326
- Trade debts +€34,996
up €34,996 (+161%), from €21,774 to €56,770
- Reserves +€27,279
up €27,279 (+11.9%), from €230,167 to €257,446
- Tax, wage and social debts +€15,968
up €15,968 (+51.3%), from €31,135 to €47,103
of which Taxes: +€16,014
- Gross operating margin +€32,003
up €32,003 (+36.4%), from €88,001 to €120,005
- Depreciation +€5,089
up €5,089 (+13.3%), from €38,341 to €43,430
- Taxes +€2,826
up €2,826 (+18.0%), from €15,739 to €18,564
- Financial charges -€1,648
down €1,648 (-32.3%), from €5,107 to €3,459
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 | €511,297 | €792,034 | +€280,738 | +54.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €390,144 | €525,871 | +€135,726 | +34.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €390,144 | €525,871 | +€135,726 | +34.8% |
| Land and buildings | 22 | €338,329 | €459,460 | +€121,132 | +35.8% |
| Plant, machinery and equipment | 23 | €41,208 | €50,326 | +€9,118 | +22.1% |
| Furniture and vehicles | 24 | €10,607 | €16,084 | +€5,477 | +51.6% |
| Current assets | 29/58 | €121,153 | €266,164 | +€145,011 | +120% |
| Stocks and contracts in progress | 3 | €96,289 | €152,726 | +€56,437 | +58.6% |
| Stocks | 30/36 | €96,289 | €152,726 | +€56,437 | +58.6% |
| Amounts receivable within one year | 40/41 | €5,541 | €65,931 | +€60,390 | +1,090% |
| Trade receivables | 40 | €5,541 | €1,672 | -€3,869 | -69.8% |
| Other amounts receivable | 41 | - | €64,259 | +€64,259 | |
| Cash at bank and in hand | 54/58 | €15,709 | €42,874 | +€27,165 | +173% |
| Deferred charges and accrued income | 490/1 | €3,613 | €4,633 | +€1,020 | +28.2% |
| Total equity and liabilities | 10/49 | €511,297 | €792,034 | +€280,738 | +54.9% |
| Equity | 10/15 | €248,767 | €276,046 | +€27,279 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €230,167 | €257,446 | +€27,279 | +11.9% |
| Distributable reserves | 133 | €230,167 | €257,446 | +€27,279 | +11.9% |
| Provisions and deferred taxes | 16 | €19,962 | €12,500 | -€7,462 | -37.4% |
| Provisions for liabilities and charges | 160/5 | €19,962 | €12,500 | -€7,462 | -37.4% |
| Major repairs and maintenance | 162 | €12,500 | €12,500 | = | 0.0% |
| Environmental obligations | 163 | €7,462 | - | -€7,462 | |
| Amounts payable | 17/49 | €242,568 | €503,488 | +€260,920 | +108% |
| Amounts payable after more than one year | 17 | €115,739 | €278,285 | +€162,546 | +140% |
| Financial debts | 170/4 | €115,739 | €278,285 | +€162,546 | +140% |
| Amounts payable within one year | 42/48 | €126,266 | €219,653 | +€93,386 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €32,559 | €37,454 | +€4,895 | +15.0% |
| Trade debts | 44 | €21,774 | €56,770 | +€34,996 | +161% |
| Suppliers | 440/4 | €21,774 | €56,770 | +€34,996 | +161% |
| Taxes, remuneration and social security | 45 | €31,135 | €47,103 | +€15,968 | +51.3% |
| Taxes | 450/3 | €25,361 | €41,375 | +€16,014 | +63.1% |
| Remuneration and social security | 454/9 | €5,774 | €5,728 | -€46 | -0.8% |
| Other amounts payable | 47/48 | €40,799 | €78,326 | +€37,527 | +92.0% |
| Accrued charges and deferred income | 492/3 | €563 | €5,551 | +€4,988 | +886% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,341 | €43,430 | +€5,089 | +13.3% |
| Other operating charges | 640/8 | €3,223 | €3,608 | +€385 | +11.9% |
| Gross operating margin | 9900 | €88,001 | €120,005 | +€32,003 | +36.4% |
| Operating profit (loss) | 9901 | €46,437 | €72,966 | +€26,529 | +57.1% |
| Financial income | 75/76B | €3 | €95 | +€92 | +2,907% |
| Recurring financial income | 75 | €3 | €95 | +€92 | +2,907% |
| Financial charges | 65/66B | €5,107 | €3,459 | -€1,648 | -32.3% |
| Recurring financial charges | 65 | €5,107 | €3,459 | -€1,648 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €41,333 | €69,602 | +€28,269 | +68.4% |
| Income taxes | 67/77 | €15,739 | €18,564 | +€2,826 | +18.0% |
| Profit (loss) for the period | 9904 | €25,595 | €51,038 | +€25,443 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,595 | €51,038 | +€25,443 | +99.4% |
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 31 October 2026 via checked.be.