CLAESSENS EXECUTIVE SERVICES: 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.
CLAESSENS EXECUTIVE SERVICES
Largest movements
- Cash +€135,027
up €135,027 (+179%), from €75,376 to €210,404
mainly Net result for the year (+€109,913) and Other debts (+€12,347)
- Receivables within one year -€10,937
down €10,937 (-40.9%), from €26,742 to €15,804
of which Trade receivables: -€26,742
- Reserves +€109,913
up €109,913 (+164%), from €66,831 to €176,744
- Other debts +€12,347
up €12,347 (+236%), from €5,241 to €17,588
- Gross operating margin +€57,061
up €57,061 (+67.6%), from €84,365 to €141,426
- Taxes +€13,976
up €13,976 (+81.9%), from €17,069 to €31,045
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 | €105,301 | €230,897 | +€125,596 | +119% |
| Fixed assets | 21/28 | €2,992 | €2,349 | -€643 | -21.5% |
| Tangible fixed assets | 22/27 | €2,992 | €2,349 | -€643 | -21.5% |
| Plant, machinery and equipment | 23 | €2,992 | €2,349 | -€643 | -21.5% |
| Current assets | 29/58 | €102,309 | €228,548 | +€126,239 | +123% |
| Amounts receivable within one year | 40/41 | €26,742 | €15,804 | -€10,937 | -40.9% |
| Trade receivables | 40 | €26,742 | €0 | -€26,742 | -100% |
| Other amounts receivable | 41 | - | €15,804 | +€15,804 | |
| Cash at bank and in hand | 54/58 | €75,376 | €210,404 | +€135,027 | +179% |
| Deferred charges and accrued income | 490/1 | €191 | €2,340 | +€2,149 | +1,125% |
| Total equity and liabilities | 10/49 | €105,301 | €230,897 | +€125,596 | +119% |
| Equity | 10/15 | €70,331 | €180,244 | +€109,913 | +156% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €66,831 | €176,744 | +€109,913 | +164% |
| Distributable reserves | 133 | €66,831 | €176,744 | +€109,913 | +164% |
| Amounts payable | 17/49 | €34,970 | €50,653 | +€15,683 | +44.8% |
| Amounts payable within one year | 42/48 | €34,970 | €50,653 | +€15,683 | +44.8% |
| Trade debts | 44 | €363 | €2,019 | +€1,656 | +456% |
| Suppliers | 440/4 | €363 | €2,019 | +€1,656 | +456% |
| Taxes, remuneration and social security | 45 | €29,366 | €31,045 | +€1,679 | +5.7% |
| Taxes | 450/3 | €29,366 | €31,045 | +€1,679 | +5.7% |
| Other amounts payable | 47/48 | €5,241 | €17,588 | +€12,347 | +236% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222 | €643 | +€421 | +190% |
| Other operating charges | 640/8 | €222 | €683 | +€460 | +207% |
| Gross operating margin | 9900 | €84,365 | €141,426 | +€57,061 | +67.6% |
| Operating profit (loss) | 9901 | €83,921 | €140,101 | +€56,180 | +66.9% |
| Financial income | 75/76B | - | €913 | +€913 | |
| Recurring financial income | 75 | - | €913 | +€913 | |
| Financial charges | 65/66B | €21 | €55 | +€35 | +166% |
| Recurring financial charges | 65 | €21 | €55 | +€35 | +166% |
| Profit (loss) for the period before taxes | 9903 | €83,900 | €140,959 | +€57,059 | +68.0% |
| Income taxes | 67/77 | €17,069 | €31,045 | +€13,976 | +81.9% |
| Profit (loss) for the period | 9904 | €66,831 | €109,913 | +€43,082 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,831 | €109,913 | +€43,082 | +64.5% |
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 29 October 2026 via checked.be.