Claes Presentations: 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 Presentations
Largest movements
- Cash -€30,776
down €30,776 (-54.7%), from €56,224 to €25,448
mainly Net result for the year (-€16,943) and Receivables within one year (-€9,409)
- Receivables within one year +€9,409
up €9,409 (+153%), from €6,132 to €15,541
- Profit (loss) carried forward -€16,942
down €16,942 (-69.2%), from €24,500 to €7,558
- Trade debts -€3,343
down €3,343 (-98.7%), from €3,387 to €44
- Other debts -€2,337
down €2,337 (-17.3%), from €13,492 to €11,155
- Tax, wage and social debts +€1,254
up €1,254 (+63.7%), from €1,968 to €3,222
- Gross operating margin -€9,304
down €9,304 (-102%), from -€9,094 to -€18,398
- Taxes -€1,551
new in 2025: -€1,551
- Financial charges -€199
down €199 (-67.5%), from €295 to €96
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 | €62,356 | €40,989 | -€21,367 | -34.3% |
| Current assets | 29/58 | €62,356 | €40,989 | -€21,367 | -34.3% |
| Amounts receivable within one year | 40/41 | €6,132 | €15,541 | +€9,409 | +153% |
| Trade receivables | 40 | €6,132 | €15,541 | +€9,409 | +153% |
| Cash at bank and in hand | 54/58 | €56,224 | €25,448 | -€30,776 | -54.7% |
| Total equity and liabilities | 10/49 | €62,356 | €40,989 | -€21,367 | -34.3% |
| Equity | 10/15 | €43,509 | €26,568 | -€16,941 | -38.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €409 | €410 | +€1 | +0.2% |
| Non-distributable reserves | 130/1 | €409 | €410 | +€1 | +0.2% |
| Reserves not available under the articles | 1311 | €409 | €410 | +€1 | +0.2% |
| Profit (loss) carried forward | 14 | €24,500 | €7,558 | -€16,942 | -69.2% |
| Amounts payable | 17/49 | €18,847 | €14,421 | -€4,426 | -23.5% |
| Amounts payable within one year | 42/48 | €18,847 | €14,421 | -€4,426 | -23.5% |
| Trade debts | 44 | €3,387 | €44 | -€3,343 | -98.7% |
| Suppliers | 440/4 | €3,387 | €44 | -€3,343 | -98.7% |
| Taxes, remuneration and social security | 45 | €1,968 | €3,222 | +€1,254 | +63.7% |
| Taxes | 450/3 | €1,968 | €3,222 | +€1,254 | +63.7% |
| Other amounts payable | 47/48 | €13,492 | €11,155 | -€2,337 | -17.3% |
| Gross operating margin | 9900 | -€9,094 | -€18,398 | -€9,304 | -102% |
| Operating profit (loss) | 9901 | -€9,094 | -€18,398 | -€9,304 | -102% |
| Financial charges | 65/66B | €295 | €96 | -€199 | -67.5% |
| Recurring financial charges | 65 | €295 | €96 | -€199 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,389 | -€18,494 | -€9,105 | -97.0% |
| Income taxes | 67/77 | - | -€1,551 | -€1,551 | |
| Profit (loss) for the period | 9904 | -€9,389 | -€16,943 | -€7,554 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,389 | -€16,943 | -€7,554 | -80.5% |
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 25 October 2026 via checked.be.