Claeys-Achten: 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.
Claeys-Achten
Largest movements
- Deferred charges and accrued income +€24,686
up €24,686 (+819%), from €3,012 to €27,698
- Cash +€3,946
up €3,946 (+1.3%), from €311,418 to €315,364
mainly Trade debts (+€78,428) and Net result for the year (+€4,915)
- Trade debts +€78,428
up €78,428 (+48.1%), from €162,922 to €241,350
- Accrued charges and deferred income -€20,984
down €20,984 (-99.8%), from €21,031 to €47
- Reserves -€15,085
down €15,085 (-21.2%), from €71,259 to €56,174
- Other debts -€14,335
down €14,335 (-46.9%), from €30,598 to €16,263
- Gross operating margin -€40,599
down €40,599 (-74.8%), from €54,268 to €13,669
- Taxes -€9,045
down €9,045 (-65.8%), from €13,748 to €4,703
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 | €322,598 | €353,467 | +€30,869 | +9.6% |
| Fixed assets | 21/28 | €8,167 | €10,320 | +€2,152 | +26.4% |
| Tangible fixed assets | 22/27 | €6,458 | €8,611 | +€2,152 | +33.3% |
| Land and buildings | 22 | €1,283 | €975 | -€308 | -24.0% |
| Plant, machinery and equipment | 23 | €1,091 | €1,167 | +€76 | +6.9% |
| Furniture and vehicles | 24 | €4,084 | €6,469 | +€2,385 | +58.4% |
| Financial fixed assets | 28 | €1,709 | €1,709 | = | 0.0% |
| Current assets | 29/58 | €314,430 | €343,147 | +€28,716 | +9.1% |
| Amounts receivable within one year | 40/41 | - | €85 | +€85 | |
| Other amounts receivable | 41 | - | €85 | +€85 | |
| Cash at bank and in hand | 54/58 | €311,418 | €315,364 | +€3,946 | +1.3% |
| Deferred charges and accrued income | 490/1 | €3,012 | €27,698 | +€24,686 | +819% |
| Total equity and liabilities | 10/49 | €322,598 | €353,467 | +€30,869 | +9.6% |
| Equity | 10/15 | €89,809 | €74,724 | -€15,085 | -16.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €71,259 | €56,174 | -€15,085 | -21.2% |
| Distributable reserves | 133 | €71,259 | €56,174 | -€15,085 | -21.2% |
| Amounts payable | 17/49 | €232,789 | €278,743 | +€45,954 | +19.7% |
| Amounts payable within one year | 42/48 | €211,758 | €278,696 | +€66,938 | +31.6% |
| Trade debts | 44 | €162,922 | €241,350 | +€78,428 | +48.1% |
| Suppliers | 440/4 | €162,922 | €241,350 | +€78,428 | +48.1% |
| Taxes, remuneration and social security | 45 | €18,238 | €21,084 | +€2,846 | +15.6% |
| Taxes | 450/3 | €14,238 | €17,084 | +€2,846 | +20.0% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €30,598 | €16,263 | -€14,335 | -46.9% |
| Accrued charges and deferred income | 492/3 | €21,031 | €47 | -€20,984 | -99.8% |
| Non-recurring operating income | 76A | €15,806 | €12,126 | -€3,680 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,608 | €3,131 | +€523 | +20.0% |
| Other operating charges | 640/8 | €1,265 | €1,307 | +€42 | +3.4% |
| Gross operating margin | 9900 | €54,268 | €13,669 | -€40,599 | -74.8% |
| Operating profit (loss) | 9901 | €50,395 | €9,231 | -€41,164 | -81.7% |
| Financial income | 75/76B | €885 | €589 | -€296 | -33.4% |
| Recurring financial income | 75 | €885 | €589 | -€296 | -33.4% |
| Financial charges | 65/66B | €607 | €203 | -€405 | -66.6% |
| Recurring financial charges | 65 | €607 | €203 | -€405 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | €50,673 | €9,617 | -€41,055 | -81.0% |
| Income taxes | 67/77 | €13,748 | €4,703 | -€9,045 | -65.8% |
| Profit (loss) for the period | 9904 | €36,925 | €4,915 | -€32,010 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,925 | €4,915 | -€32,010 | -86.7% |
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.