CLAES & GOSSEYE: 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 & GOSSEYE
Largest movements
- Cash +€57,552
up €57,552 (+195%), from €29,454 to €87,006
mainly Net result for the year (+€167,401) and Depreciation (+€46,826)
- Tangible fixed assets -€24,963
down €24,963 (-9.7%), from €256,218 to €231,255
of which Land and buildings: -€20,118
- Receivables within one year +€24,660
up €24,660 (+52.5%), from €46,965 to €71,624
of which Other amounts receivable: +€15,820
- Intangible fixed assets -€21,864
down €21,864 (-100.0%), from €21,867 to €3
- Current investments +€12,090
up €12,090 (+2.4%), from €507,606 to €519,696
- Reserves +€88,242
up €88,242 (+22.9%), from €384,952 to €473,195
- Debts after one year -€16,342
down €16,342 (-7.4%), from €219,722 to €203,380
- Accrued charges and deferred income -€11,908
down €11,908 (-31.2%), from €38,106 to €26,199
- Other debts -€10,147
down €10,147 (-23.5%), from €43,264 to €33,117
- Staff costs -€28,785
down €28,785 (-10.4%), from €277,473 to €248,689
- Financial income +€23,825
up €23,825 (+246%), from €9,681 to €33,505
- Depreciation -€19,367
down €19,367 (-29.3%), from €66,194 to €46,826
- Gross operating margin -€16,755
down €16,755 (-3.2%), from €521,638 to €504,883
- Taxes +€10,914
up €10,914 (+20.5%), from €53,318 to €64,232
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 | €874,979 | €915,320 | +€40,341 | +4.6% |
| Fixed assets | 21/28 | €282,569 | €235,742 | -€46,826 | -16.6% |
| Intangible fixed assets | 21 | €21,867 | €3 | -€21,864 | -100.0% |
| Tangible fixed assets | 22/27 | €256,218 | €231,255 | -€24,963 | -9.7% |
| Land and buildings | 22 | €238,172 | €218,055 | -€20,118 | -8.4% |
| Furniture and vehicles | 24 | €8,195 | €4,838 | -€3,358 | -41.0% |
| Other tangible fixed assets | 26 | €9,850 | €8,363 | -€1,487 | -15.1% |
| Financial fixed assets | 28 | €4,484 | €4,484 | = | 0.0% |
| Current assets | 29/58 | €592,410 | €679,577 | +€87,168 | +14.7% |
| Amounts receivable within one year | 40/41 | €46,965 | €71,624 | +€24,660 | +52.5% |
| Trade receivables | 40 | €46,965 | €55,805 | +€8,840 | +18.8% |
| Other amounts receivable | 41 | - | €15,820 | +€15,820 | |
| Current investments | 50/53 | €507,606 | €519,696 | +€12,090 | +2.4% |
| Cash at bank and in hand | 54/58 | €29,454 | €87,006 | +€57,552 | +195% |
| Deferred charges and accrued income | 490/1 | €8,385 | €1,251 | -€7,134 | -85.1% |
| Total equity and liabilities | 10/49 | €874,979 | €915,320 | +€40,341 | +4.6% |
| Equity | 10/15 | €456,389 | €543,790 | +€87,401 | +19.2% |
| Contributions | 10/11 | €60,500 | €60,500 | = | 0.0% |
| Reserves | 13 | €384,952 | €473,195 | +€88,242 | +22.9% |
| Distributable reserves | 133 | €384,952 | €473,195 | +€88,242 | +22.9% |
| Investment grants | 15 | €10,937 | €10,096 | -€841 | -7.7% |
| Provisions and deferred taxes | 16 | €4,594 | €4,241 | -€353 | -7.7% |
| Deferred taxes | 168 | €4,594 | €4,241 | -€353 | -7.7% |
| Amounts payable | 17/49 | €413,996 | €367,289 | -€46,707 | -11.3% |
| Amounts payable after more than one year | 17 | €219,722 | €203,380 | -€16,342 | -7.4% |
| Financial debts | 170/4 | €219,722 | €203,380 | -€16,342 | -7.4% |
| Amounts payable within one year | 42/48 | €156,167 | €137,711 | -€18,457 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €49,971 | €51,342 | +€1,372 | +2.7% |
| Financial debts | 43 | €626 | €25 | -€601 | -96.0% |
| Credit institutions | 430/8 | €626 | €25 | -€601 | -96.0% |
| Trade debts | 44 | €21,710 | €20,654 | -€1,056 | -4.9% |
| Suppliers | 440/4 | €21,710 | €20,654 | -€1,056 | -4.9% |
| Taxes, remuneration and social security | 45 | €40,598 | €32,573 | -€8,024 | -19.8% |
| Taxes | 450/3 | €8,597 | - | -€8,597 | |
| Remuneration and social security | 454/9 | €32,000 | €32,573 | +€573 | +1.8% |
| Other amounts payable | 47/48 | €43,264 | €33,117 | -€10,147 | -23.5% |
| Accrued charges and deferred income | 492/3 | €38,106 | €26,199 | -€11,908 | -31.2% |
| Remuneration, social security and pensions | 62 | €277,473 | €248,689 | -€28,785 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,194 | €46,826 | -€19,367 | -29.3% |
| Other operating charges | 640/8 | €3,777 | €569 | -€3,208 | -84.9% |
| Non-recurring operating charges | 66A | €1,442 | - | -€1,442 | |
| Gross operating margin | 9900 | €521,638 | €504,883 | -€16,755 | -3.2% |
| Operating profit (loss) | 9901 | €172,752 | €208,799 | +€36,046 | +20.9% |
| Financial income | 75/76B | €9,681 | €33,505 | +€23,825 | +246% |
| Recurring financial income | 75 | €9,681 | €33,505 | +€23,825 | +246% |
| Financial charges | 65/66B | €7,357 | €11,024 | +€3,667 | +49.8% |
| Recurring financial charges | 65 | €7,357 | €11,024 | +€3,667 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | €175,075 | €231,280 | +€56,204 | +32.1% |
| Transfer from deferred taxes | 780 | €353 | €353 | = | 0.0% |
| Income taxes | 67/77 | €53,318 | €64,232 | +€10,914 | +20.5% |
| Profit (loss) for the period | 9904 | €122,111 | €167,401 | +€45,290 | +37.1% |
| Transfer from tax-exempt reserves | 789 | €841 | €841 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,952 | €168,242 | +€45,290 | +36.8% |
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 29 October 2026 via checked.be.