CLAES SANDER: 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 SANDER
Largest movements
- Cash +€92,033
new in 2024: €92,033
mainly Net result for the year (+€134,658) and Stocks and contracts (+€57,869)
- Tangible fixed assets +€60,269
up €60,269 (+32.9%), from €183,014 to €243,283
of which Plant, machinery and equipment: +€52,218
- Stocks and contracts -€57,869
down €57,869 (-67.0%), from €86,394 to €28,525
- Receivables within one year +€13,569
up €13,569 (+6.4%), from €211,399 to €224,969
of which Other amounts receivable: +€45,251
- Reserves +€134,658
up €134,658 (+160%), from €83,952 to €218,610
- Trade debts -€78,086
down €78,086 (-53.1%), from €147,007 to €68,922
- Short-term financial debts +€31,865
up €31,865 (+43.6%), from €73,015 to €104,880
- Tax, wage and social debts +€20,957
up €20,957 (+115%), from €18,247 to €39,204
of which Taxes: +€15,818
- Current portion of long-term debt +€9,221
up €9,221 (+33.5%), from €27,490 to €36,712
- Gross operating margin +€285,280
up €285,280 (+246%), from €116,056 to €401,336
- Staff costs +€138,774
new in 2024: €138,774
- Taxes +€30,571
up €30,571 (+283%), from €10,816 to €41,388
- Depreciation +€15,960
up €15,960 (+40.9%), from €39,068 to €55,028
- Financial charges +€13,425
up €13,425 (+70.7%), from €18,990 to €32,416
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,911 | €598,254 | +€112,343 | +23.1% |
| Fixed assets | 21/28 | €186,119 | €246,388 | +€60,269 | +32.4% |
| Tangible fixed assets | 22/27 | €183,014 | €243,283 | +€60,269 | +32.9% |
| Plant, machinery and equipment | 23 | €97,728 | €149,946 | +€52,218 | +53.4% |
| Furniture and vehicles | 24 | €85,286 | €93,337 | +€8,050 | +9.4% |
| Financial fixed assets | 28 | €3,105 | €3,105 | = | 0.0% |
| Current assets | 29/58 | €299,791 | €351,866 | +€52,074 | +17.4% |
| Stocks and contracts in progress | 3 | €86,394 | €28,525 | -€57,869 | -67.0% |
| Stocks | 30/36 | €86,394 | €28,525 | -€57,869 | -67.0% |
| Amounts receivable within one year | 40/41 | €211,399 | €224,969 | +€13,569 | +6.4% |
| Trade receivables | 40 | €184,758 | €153,076 | -€31,681 | -17.1% |
| Other amounts receivable | 41 | €26,642 | €71,893 | +€45,251 | +170% |
| Cash at bank and in hand | 54/58 | - | €92,033 | +€92,033 | |
| Deferred charges and accrued income | 490/1 | €1,999 | €6,339 | +€4,341 | +217% |
| Total equity and liabilities | 10/49 | €485,911 | €598,254 | +€112,343 | +23.1% |
| Equity | 10/15 | €84,452 | €219,110 | +€134,658 | +159% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €83,952 | €218,610 | +€134,658 | +160% |
| Distributable reserves | 133 | €83,952 | €218,610 | +€134,658 | +160% |
| Amounts payable | 17/49 | €401,459 | €379,144 | -€22,315 | -5.6% |
| Amounts payable after more than one year | 17 | €129,148 | €129,395 | +€247 | +0.2% |
| Financial debts | 170/4 | €129,148 | €129,395 | +€247 | +0.2% |
| Amounts payable within one year | 42/48 | €272,311 | €249,718 | -€22,593 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €27,490 | €36,712 | +€9,221 | +33.5% |
| Financial debts | 43 | €73,015 | €104,880 | +€31,865 | +43.6% |
| Credit institutions | 430/8 | €73,015 | €104,880 | +€31,865 | +43.6% |
| Trade debts | 44 | €147,007 | €68,922 | -€78,086 | -53.1% |
| Suppliers | 440/4 | €147,007 | €68,922 | -€78,086 | -53.1% |
| Taxes, remuneration and social security | 45 | €18,247 | €39,204 | +€20,957 | +115% |
| Taxes | 450/3 | €18,247 | €34,066 | +€15,818 | +86.7% |
| Remuneration and social security | 454/9 | - | €5,139 | +€5,139 | |
| Other amounts payable | 47/48 | €6,551 | - | -€6,551 | |
| Accrued charges and deferred income | 492/3 | - | €31 | +€31 | |
| Remuneration, social security and pensions | 62 | - | €138,774 | +€138,774 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,068 | €55,028 | +€15,960 | +40.9% |
| Other operating charges | 640/8 | €1,030 | €1,192 | +€162 | +15.7% |
| Gross operating margin | 9900 | €116,056 | €401,336 | +€285,280 | +246% |
| Operating profit (loss) | 9901 | €75,957 | €206,343 | +€130,385 | +172% |
| Financial income | 75/76B | €79 | €2,118 | +€2,039 | +2,580% |
| Recurring financial income | 75 | €79 | €2,118 | +€2,039 | +2,580% |
| Financial charges | 65/66B | €18,990 | €32,416 | +€13,425 | +70.7% |
| Recurring financial charges | 65 | €18,990 | €32,416 | +€13,425 | +70.7% |
| Profit (loss) for the period before taxes | 9903 | €57,046 | €176,045 | +€118,999 | +209% |
| Income taxes | 67/77 | €10,816 | €41,388 | +€30,571 | +283% |
| Profit (loss) for the period | 9904 | €46,230 | €134,658 | +€88,428 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €46,230 | €134,658 | +€88,428 | +191% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.