CLAES & MARIS: 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 & MARIS
Largest movements
- Tangible fixed assets -€85,997
down €85,997 (-63.0%), from €136,583 to €50,586
of which Furniture and vehicles: -€71,457
- Current investments +€40,469
up €40,469 (+15.0%), from €270,038 to €310,507
- Deferred charges and accrued income +€38,266
up €38,266 (+727%), from €5,262 to €43,529
- Receivables within one year -€7,590
down €7,590 (-4.2%), from €178,894 to €171,304
of which Other amounts receivable: -€10,816
- Trade debts +€40,228
up €40,228 (+64.0%), from €62,868 to €103,096
- Debts after one year -€38,003
down €38,003 (-85.9%), from €44,253 to €6,250
- Current portion of long-term debt -€24,276
down €24,276 (-65.1%), from €37,276 to €13,000
- Tax, wage and social debts -€8,642
down €8,642 (-100%), from €8,642 to €0
of which Remuneration and social security: -€6,382
- Reserves +€8,474
up €8,474 (+1.4%), from €589,217 to €597,692
of which Distributable reserves: +€8,474
- Gross operating margin -€89,386
down €89,386 (-37.0%), from €241,790 to €152,404
- Staff costs -€20,695
down €20,695 (-84.5%), from €24,489 to €3,794
- Depreciation -€18,242
down €18,242 (-50.1%), from €36,436 to €18,194
- Taxes -€13,563
down €13,563 (-25.9%), from €52,432 to €38,869
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 | €750,168 | €727,952 | -€22,216 | -3.0% |
| Fixed assets | 21/28 | €136,583 | €50,586 | -€85,997 | -63.0% |
| Tangible fixed assets | 22/27 | €136,583 | €50,586 | -€85,997 | -63.0% |
| Land and buildings | 22 | €62,354 | €47,533 | -€14,821 | -23.8% |
| Plant, machinery and equipment | 23 | €1,646 | €1,927 | +€281 | +17.1% |
| Furniture and vehicles | 24 | €72,582 | €1,125 | -€71,457 | -98.5% |
| Current assets | 29/58 | €613,585 | €677,366 | +€63,781 | +10.4% |
| Amounts receivable within one year | 40/41 | €178,894 | €171,304 | -€7,590 | -4.2% |
| Trade receivables | 40 | €129,101 | €132,327 | +€3,226 | +2.5% |
| Other amounts receivable | 41 | €49,793 | €38,977 | -€10,816 | -21.7% |
| Current investments | 50/53 | €270,038 | €310,507 | +€40,469 | +15.0% |
| Cash at bank and in hand | 54/58 | €159,391 | €152,027 | -€7,364 | -4.6% |
| Deferred charges and accrued income | 490/1 | €5,262 | €43,529 | +€38,266 | +727% |
| Total equity and liabilities | 10/49 | €750,168 | €727,952 | -€22,216 | -3.0% |
| Equity | 10/15 | €595,417 | €603,892 | +€8,474 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €589,217 | €597,692 | +€8,474 | +1.4% |
| Tax-exempt reserves | 132 | €30,731 | €30,731 | = | 0.0% |
| Distributable reserves | 133 | €558,486 | €566,960 | +€8,474 | +1.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €154,751 | €124,060 | -€30,691 | -19.8% |
| Amounts payable after more than one year | 17 | €44,253 | €6,250 | -€38,003 | -85.9% |
| Financial debts | 170/4 | €44,253 | €6,250 | -€38,003 | -85.9% |
| Amounts payable within one year | 42/48 | €110,410 | €117,721 | +€7,311 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €37,276 | €13,000 | -€24,276 | -65.1% |
| Trade debts | 44 | €62,868 | €103,096 | +€40,228 | +64.0% |
| Suppliers | 440/4 | €62,868 | €103,096 | +€40,228 | +64.0% |
| Taxes, remuneration and social security | 45 | €8,642 | €0 | -€8,642 | -100% |
| Taxes | 450/3 | €2,259 | €0 | -€2,259 | -100% |
| Remuneration and social security | 454/9 | €6,382 | €0 | -€6,382 | -100% |
| Other amounts payable | 47/48 | €1,625 | €1,625 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Non-recurring operating income | 76A | - | €6,380 | +€6,380 | |
| Remuneration, social security and pensions | 62 | €24,489 | €3,794 | -€20,695 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,436 | €18,194 | -€18,242 | -50.1% |
| Other operating charges | 640/8 | €35,111 | €33,070 | -€2,040 | -5.8% |
| Gross operating margin | 9900 | €241,790 | €152,404 | -€89,386 | -37.0% |
| Operating profit (loss) | 9901 | €145,754 | €97,345 | -€48,409 | -33.2% |
| Financial income | 75/76B | €4,462 | €2,238 | -€2,224 | -49.8% |
| Recurring financial income | 75 | €4,462 | €2,238 | -€2,224 | -49.8% |
| Financial charges | 65/66B | €8,506 | €8,040 | -€466 | -5.5% |
| Recurring financial charges | 65 | €8,506 | €8,040 | -€466 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €141,710 | €91,543 | -€50,167 | -35.4% |
| Income taxes | 67/77 | €52,432 | €38,869 | -€13,563 | -25.9% |
| Profit (loss) for the period | 9904 | €89,278 | €52,674 | -€36,603 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,278 | €52,674 | -€36,603 | -41.0% |
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 20 October 2026 via checked.be.