CLAES K: 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 K
Largest movements
- Receivables within one year +€25,182
up €25,182 (+54.1%), from €46,557 to €71,739
of which Trade receivables: +€34,458
- Tangible fixed assets -€6,455
down €6,455 (-11.5%), from €56,119 to €49,664
of which Furniture and vehicles: -€3,783
- Other debts +€29,437
up €29,437 (+42.9%), from €68,541 to €97,978
- Profit (loss) carried forward -€13,322
down €13,322 (-25.4%), from -€52,348 to -€65,670
- Trade debts +€7,796
up €7,796 (+145%), from €5,389 to €13,185
- Tax, wage and social debts -€5,133
down €5,133 (-64.8%), from €7,920 to €2,787
- Short-term financial debts +€4,122
up €4,122 (+25.6%), from €16,108 to €20,230
- Gross operating margin -€3,707
down €3,707 (-18.5%), from €20,003 to €16,296
- Staff costs -€3,006
down €3,006 (-13.8%), from €21,817 to €18,811
- Depreciation +€2,910
up €2,910 (+82.0%), from €3,547 to €6,457
- Financial charges +€1,569
up €1,569 (+126%), from €1,246 to €2,815
- Other operating charges -€1,047
down €1,047 (-40.5%), from €2,583 to €1,536
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 | €137,933 | €156,156 | +€18,223 | +13.2% |
| Fixed assets | 21/28 | €67,612 | €61,157 | -€6,455 | -9.5% |
| Tangible fixed assets | 22/27 | €56,119 | €49,664 | -€6,455 | -11.5% |
| Land and buildings | 22 | €12,000 | €12,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,102 | €7,163 | -€1,939 | -21.3% |
| Furniture and vehicles | 24 | €10,068 | €6,285 | -€3,783 | -37.6% |
| Other tangible fixed assets | 26 | €4,400 | €3,667 | -€733 | -16.7% |
| Assets under construction and advance payments | 27 | €20,549 | €20,549 | = | 0.0% |
| Financial fixed assets | 28 | €11,493 | €11,493 | = | 0.0% |
| Current assets | 29/58 | €70,321 | €94,999 | +€24,678 | +35.1% |
| Stocks and contracts in progress | 3 | €15,128 | €15,128 | = | 0.0% |
| Stocks | 30/36 | €15,128 | €15,128 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,557 | €71,739 | +€25,182 | +54.1% |
| Trade receivables | 40 | €20,136 | €54,594 | +€34,458 | +171% |
| Other amounts receivable | 41 | €26,421 | €17,145 | -€9,276 | -35.1% |
| Cash at bank and in hand | 54/58 | €1,065 | €441 | -€624 | -58.6% |
| Deferred charges and accrued income | 490/1 | €7,571 | €7,691 | +€120 | +1.6% |
| Total equity and liabilities | 10/49 | €137,933 | €156,156 | +€18,223 | +13.2% |
| Equity | 10/15 | €31,505 | €18,183 | -€13,322 | -42.3% |
| Contributions | 10/11 | €48,600 | €48,600 | = | 0.0% |
| Revaluation surpluses | 12 | €23,502 | €23,502 | = | 0.0% |
| Reserves | 13 | €11,751 | €11,751 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,751 | €11,751 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,751 | €11,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,348 | -€65,670 | -€13,322 | -25.4% |
| Amounts payable | 17/49 | €106,428 | €137,973 | +€31,545 | +29.6% |
| Amounts payable after more than one year | 17 | €2,556 | - | -€2,556 | |
| Financial debts | 170/4 | €2,556 | - | -€2,556 | |
| Amounts payable within one year | 42/48 | €103,872 | €137,973 | +€34,101 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €5,914 | €3,793 | -€2,121 | -35.9% |
| Financial debts | 43 | €16,108 | €20,230 | +€4,122 | +25.6% |
| Credit institutions | 430/8 | €16,108 | €20,230 | +€4,122 | +25.6% |
| Trade debts | 44 | €5,389 | €13,185 | +€7,796 | +145% |
| Suppliers | 440/4 | €5,389 | €13,185 | +€7,796 | +145% |
| Taxes, remuneration and social security | 45 | €7,920 | €2,787 | -€5,133 | -64.8% |
| Taxes | 450/3 | €7,920 | €2,787 | -€5,133 | -64.8% |
| Other amounts payable | 47/48 | €68,541 | €97,978 | +€29,437 | +42.9% |
| Remuneration, social security and pensions | 62 | €21,817 | €18,811 | -€3,006 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,547 | €6,457 | +€2,910 | +82.0% |
| Other operating charges | 640/8 | €2,583 | €1,536 | -€1,047 | -40.5% |
| Gross operating margin | 9900 | €20,003 | €16,296 | -€3,707 | -18.5% |
| Operating profit (loss) | 9901 | -€7,944 | -€10,508 | -€2,564 | -32.3% |
| Financial charges | 65/66B | €1,246 | €2,815 | +€1,569 | +126% |
| Recurring financial charges | 65 | €1,246 | €2,815 | +€1,569 | +126% |
| Profit (loss) for the period before taxes | 9903 | -€9,190 | -€13,323 | -€4,133 | -45.0% |
| Profit (loss) for the period | 9904 | -€9,190 | -€13,323 | -€4,133 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,190 | -€13,323 | -€4,133 | -45.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.