CLAEVE: what changed
Two fiscal 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.
CLAEVE
Largest movements
- Cash +€28,882
up €28,882 (+52.0%), from €55,593 to €84,475
mainly Net result for the year (+€28,864) and Receivables within one year (+€6,002)
- Receivables within one year -€6,002
down €6,002 (-14.8%), from €40,507 to €34,505
of which Trade receivables: -€7,201
- Tangible fixed assets -€4,385
down €4,385 (-67.5%), from €6,500 to €2,115
- Profit (loss) carried forward +€28,864
up €28,864 (+40.0%), from €72,185 to €101,049
- Tax, wage and social debts -€10,716
down €10,716 (-45.1%), from €23,776 to €13,060
- Gross operating margin -€10,151
down €10,151 (-19.7%), from €51,478 to €41,326
- Taxes -€1,881
down €1,881 (-18.0%), from €10,444 to €8,564
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.
Cash bridge derived
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 | €102,787 | €121,288 | +€18,501 | +18.0% |
| Fixed assets | 21/28 | €6,500 | €2,115 | -€4,385 | -67.5% |
| Tangible fixed assets | 22/27 | €6,500 | €2,115 | -€4,385 | -67.5% |
| Furniture and vehicles | 24 | €6,500 | €2,115 | -€4,385 | -67.5% |
| Current assets | 29/58 | €96,287 | €119,173 | +€22,886 | +23.8% |
| Amounts receivable within one year | 40/41 | €40,507 | €34,505 | -€6,002 | -14.8% |
| Trade receivables | 40 | €7,201 | €0 | -€7,201 | -100.0% |
| Other amounts receivable | 41 | €33,306 | €34,505 | +€1,199 | +3.6% |
| Cash at bank and in hand | 54/58 | €55,593 | €84,475 | +€28,882 | +52.0% |
| Deferred charges and accrued income | 490/1 | €187 | €194 | +€6 | +3.4% |
| Total equity and liabilities | 10/49 | €102,787 | €121,288 | +€18,501 | +18.0% |
| Equity | 10/15 | €77,185 | €106,049 | +€28,864 | +37.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,185 | €101,049 | +€28,864 | +40.0% |
| Amounts payable | 17/49 | €25,602 | €15,239 | -€10,363 | -40.5% |
| Amounts payable within one year | 42/48 | €25,602 | €15,239 | -€10,363 | -40.5% |
| Trade debts | 44 | €1,826 | €2,179 | +€353 | +19.3% |
| Suppliers | 440/4 | €1,826 | €2,179 | +€353 | +19.3% |
| Taxes, remuneration and social security | 45 | €23,776 | €13,060 | -€10,716 | -45.1% |
| Taxes | 450/3 | €23,776 | €13,060 | -€10,716 | -45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,385 | €4,385 | = | 0.0% |
| Other operating charges | 640/8 | €1,172 | €1,327 | +€156 | +13.3% |
| Gross operating margin | 9900 | €51,478 | €41,326 | -€10,151 | -19.7% |
| Operating profit (loss) | 9901 | €45,921 | €35,614 | -€10,307 | -22.4% |
| Financial income | 75/76B | €1,957 | €1,855 | -€103 | -5.2% |
| Recurring financial income | 75 | €1,957 | €1,855 | -€103 | -5.2% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €47,834 | €37,428 | -€10,407 | -21.8% |
| Income taxes | 67/77 | €10,444 | €8,564 | -€1,881 | -18.0% |
| Profit (loss) for the period | 9904 | €37,390 | €28,864 | -€8,526 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,390 | €28,864 | -€8,526 | -22.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.