CLAEYS: 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.
CLAEYS
Largest movements
- Cash +€44,329
up €44,329 (+35.1%), from €126,322 to €170,650
mainly Depreciation (+€27,231) and Net result for the year (+€17,272)
- Tangible fixed assets -€20,231
down €20,231 (-36.9%), from €54,759 to €34,529
of which Furniture and vehicles: -€17,014
- Receivables within one year -€12,251
down €12,251 (-46.9%), from €26,120 to €13,869
of which Trade receivables: -€12,251
- Deferred charges and accrued income +€2,589
up €2,589 (+18.0%), from €14,389 to €16,978
- Reserves +€17,272
up €17,272 (+15.3%), from €112,969 to €130,240
- Trade debts -€12,206
down €12,206 (-59.2%), from €20,632 to €8,426
- Tax, wage and social debts +€8,893
up €8,893 (+78.1%), from €11,382 to €20,275
- Taxes +€5,042
up €5,042 (+207.7%), from €2,427 to €7,469
- Depreciation -€4,635
down €4,635 (-14.5%), from €31,865 to €27,231
- Financial charges -€1,572
down €1,572 (-28.9%), from €5,440 to €3,869
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 | €221,590 | €236,026 | +€14,436 | +6.5% |
| Fixed assets | 21/28 | €54,759 | €34,529 | -€20,231 | -36.9% |
| Tangible fixed assets | 22/27 | €54,759 | €34,529 | -€20,231 | -36.9% |
| Land and buildings | 22 | €15,424 | €12,794 | -€2,629 | -17.0% |
| Plant, machinery and equipment | 23 | €17,383 | €16,795 | -€588 | -3.4% |
| Furniture and vehicles | 24 | €21,953 | €4,939 | -€17,014 | -77.5% |
| Current assets | 29/58 | €166,830 | €201,497 | +€34,667 | +20.8% |
| Amounts receivable within one year | 40/41 | €26,120 | €13,869 | -€12,251 | -46.9% |
| Trade receivables | 40 | €25,701 | €13,450 | -€12,251 | -47.7% |
| Other amounts receivable | 41 | €418 | €418 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €126,322 | €170,650 | +€44,329 | +35.1% |
| Deferred charges and accrued income | 490/1 | €14,389 | €16,978 | +€2,589 | +18.0% |
| Total equity and liabilities | 10/49 | €221,590 | €236,026 | +€14,436 | +6.5% |
| Equity | 10/15 | €131,569 | €148,840 | +€17,272 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,969 | €130,240 | +€17,272 | +15.3% |
| Distributable reserves | 133 | €112,969 | €130,240 | +€17,272 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €90,021 | €87,185 | -€2,836 | -3.2% |
| Amounts payable within one year | 42/48 | €90,021 | €85,505 | -€4,516 | -5.0% |
| Trade debts | 44 | €20,632 | €8,426 | -€12,206 | -59.2% |
| Suppliers | 440/4 | €20,632 | €8,426 | -€12,206 | -59.2% |
| Taxes, remuneration and social security | 45 | €11,382 | €20,275 | +€8,893 | +78.1% |
| Taxes | 450/3 | €11,382 | €20,275 | +€8,893 | +78.1% |
| Other amounts payable | 47/48 | €58,008 | €56,804 | -€1,203 | -2.1% |
| Accrued charges and deferred income | 492/3 | €0 | €1,680 | +€1,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,865 | €27,231 | -€4,635 | -14.5% |
| Other operating charges | 640/8 | €1,756 | €1,868 | +€113 | +6.4% |
| Gross operating margin | 9900 | €58,039 | €57,709 | -€331 | -0.6% |
| Operating profit (loss) | 9901 | €24,418 | €28,610 | +€4,191 | +17.2% |
| Financial charges | 65/66B | €5,440 | €3,869 | -€1,572 | -28.9% |
| Recurring financial charges | 65 | €5,440 | €3,869 | -€1,572 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €18,978 | €24,741 | +€5,763 | +30.4% |
| Income taxes | 67/77 | €2,427 | €7,469 | +€5,042 | +207.7% |
| Profit (loss) for the period | 9904 | €16,550 | €17,272 | +€721 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,550 | €17,272 | +€721 | +4.4% |
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 3 October 2026 via checked.be.