Claeyé: 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.
Claeyé
Largest movements
- Receivables within one year +€215,707
up €215,707 (+98,794%), from €218 to €215,925
of which Trade receivables: +€215,925
- Cash +€101,014
up €101,014 (+286%), from €35,262 to €136,276
mainly Net result for the year (+€228,491) and Tax, wage and social debts (+€123,643)
- Tangible fixed assets +€4,603
new in 2025: €4,603
- Reserves +€228,491
up €228,491 (+1,131%), from €20,210 to €248,702
- Tax, wage and social debts +€123,643
up €123,643 (+967%), from €12,785 to €136,429
- Other debts -€31,472
down €31,472 (-94.7%), from €33,250 to €1,778
- Gross operating margin +€276,980
up €276,980 (+1,013%), from €27,338 to €304,318
- Taxes +€64,344
up €64,344 (+955%), from €6,737 to €71,080
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 | €70,109 | €393,163 | +€323,054 | +461% |
| Fixed assets | 21/28 | €34,629 | €39,232 | +€4,603 | +13.3% |
| Tangible fixed assets | 22/27 | - | €4,603 | +€4,603 | |
| Furniture and vehicles | 24 | - | €4,603 | +€4,603 | |
| Financial fixed assets | 28 | €34,629 | €34,629 | = | 0.0% |
| Current assets | 29/58 | €35,480 | €353,931 | +€318,451 | +898% |
| Amounts receivable within one year | 40/41 | €218 | €215,925 | +€215,707 | +98,794% |
| Trade receivables | 40 | - | €215,925 | +€215,925 | |
| Other amounts receivable | 41 | €218 | €0 | -€218 | -100% |
| Cash at bank and in hand | 54/58 | €35,262 | €136,276 | +€101,014 | +286% |
| Deferred charges and accrued income | 490/1 | - | €1,730 | +€1,730 | |
| Total equity and liabilities | 10/49 | €70,109 | €393,163 | +€323,054 | +461% |
| Equity | 10/15 | €22,710 | €251,202 | +€228,491 | +1,006% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,210 | €248,702 | +€228,491 | +1,131% |
| Distributable reserves | 133 | €20,210 | €248,702 | +€228,491 | +1,131% |
| Amounts payable | 17/49 | €47,399 | €141,962 | +€94,563 | +200% |
| Amounts payable within one year | 42/48 | €47,399 | €141,962 | +€94,563 | +200% |
| Trade debts | 44 | €1,364 | €3,755 | +€2,391 | +175% |
| Suppliers | 440/4 | €1,364 | €3,755 | +€2,391 | +175% |
| Taxes, remuneration and social security | 45 | €12,785 | €136,429 | +€123,643 | +967% |
| Taxes | 450/3 | €12,785 | €136,429 | +€123,643 | +967% |
| Other amounts payable | 47/48 | €33,250 | €1,778 | -€31,472 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,086 | +€1,086 | |
| Other operating charges | 640/8 | €387 | €2,632 | +€2,245 | +580% |
| Gross operating margin | 9900 | €27,338 | €304,318 | +€276,980 | +1,013% |
| Operating profit (loss) | 9901 | €26,950 | €300,599 | +€273,649 | +1,015% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3 | €1,028 | +€1,024 | +30,395% |
| Recurring financial charges | 65 | €3 | €1,028 | +€1,024 | +30,395% |
| Profit (loss) for the period before taxes | 9903 | €26,947 | €299,572 | +€272,625 | +1,012% |
| Income taxes | 67/77 | €6,737 | €71,080 | +€64,344 | +955% |
| Profit (loss) for the period | 9904 | €20,210 | €228,491 | +€208,281 | +1,031% |
| Profit (loss) for the period to be appropriated | 9905 | €20,210 | €228,491 | +€208,281 | +1,031% |
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 23 October 2026 via checked.be.