CLAEYS VERLICHTING: 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 VERLICHTING
Largest movements
- Cash +€18,081
up €18,081 (+41.5%), from €43,609 to €61,690
mainly Short-term financial debts (+€40,000) and Deferred charges and accrued income (+€12,525)
- Deferred charges and accrued income -€12,525
down €12,525 (-79.2%), from €15,807 to €3,282
- Tangible fixed assets -€4,794
down €4,794 (-8.7%), from €55,300 to €50,506
of which Plant, machinery and equipment: -€2,935
- Reserves -€139,602
down €139,602 (-81.4%), from €171,551 to €31,948
of which Distributable reserves: -€139,602
- Contributions +€121,844
up €121,844 (+655%), from €18,600 to €140,444
- Short-term financial debts +€40,000
up €40,000 (+133%), from €30,000 to €70,000
- Profit (loss) carried forward -€19,886
new in 2025: -€19,886
- Tax, wage and social debts -€13,459
down €13,459 (-46.0%), from €29,252 to €15,793
of which Taxes: -€11,811
- Gross operating margin -€61,882
down €61,882 (-62.5%), from €98,986 to €37,103
- Financial charges +€2,568
up €2,568 (+50.7%), from €5,062 to €7,630
- Write-downs +€2,065
up €2,065, from -€565 to €1,500
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 | €362,323 | €356,798 | -€5,526 | -1.5% |
| Fixed assets | 21/28 | €75,050 | €70,156 | -€4,894 | -6.5% |
| Tangible fixed assets | 22/27 | €55,300 | €50,506 | -€4,794 | -8.7% |
| Land and buildings | 22 | €45,156 | €43,297 | -€1,859 | -4.1% |
| Plant, machinery and equipment | 23 | €10,143 | €7,209 | -€2,935 | -28.9% |
| Financial fixed assets | 28 | €19,750 | €19,650 | -€100 | -0.5% |
| Current assets | 29/58 | €287,274 | €286,642 | -€632 | -0.2% |
| Stocks and contracts in progress | 3 | €129,412 | €126,741 | -€2,671 | -2.1% |
| Stocks | 30/36 | €129,412 | €126,741 | -€2,671 | -2.1% |
| Amounts receivable within one year | 40/41 | €98,445 | €94,929 | -€3,516 | -3.6% |
| Trade receivables | 40 | €25,708 | €41,225 | +€15,517 | +60.4% |
| Other amounts receivable | 41 | €72,738 | €53,704 | -€19,034 | -26.2% |
| Cash at bank and in hand | 54/58 | €43,609 | €61,690 | +€18,081 | +41.5% |
| Deferred charges and accrued income | 490/1 | €15,807 | €3,282 | -€12,525 | -79.2% |
| Total equity and liabilities | 10/49 | €362,323 | €356,798 | -€5,526 | -1.5% |
| Equity | 10/15 | €190,151 | €152,506 | -€37,644 | -19.8% |
| Contributions | 10/11 | €18,600 | €140,444 | +€121,844 | +655% |
| Reserves | 13 | €171,551 | €31,948 | -€139,602 | -81.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,088 | €30,088 | = | 0.0% |
| Distributable reserves | 133 | €139,602 | €0 | -€139,602 | -100% |
| Profit (loss) carried forward | 14 | - | -€19,886 | -€19,886 | |
| Provisions and deferred taxes | 16 | €49,790 | €49,790 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €49,790 | €49,790 | = | 0.0% |
| Pensions and similar obligations | 160 | €49,790 | €49,790 | = | 0.0% |
| Amounts payable | 17/49 | €122,383 | €154,502 | +€32,119 | +26.2% |
| Amounts payable after more than one year | 17 | €15,605 | €6,283 | -€9,322 | -59.7% |
| Financial debts | 170/4 | €15,605 | €6,283 | -€9,322 | -59.7% |
| Amounts payable within one year | 42/48 | €106,652 | €144,322 | +€37,670 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €8,898 | €9,322 | +€424 | +4.8% |
| Financial debts | 43 | €30,000 | €70,000 | +€40,000 | +133% |
| Other loans | 439 | €30,000 | €70,000 | +€40,000 | +133% |
| Trade debts | 44 | €37,793 | €37,772 | -€21 | -0.1% |
| Suppliers | 440/4 | €37,793 | €37,772 | -€21 | -0.1% |
| Taxes, remuneration and social security | 45 | €29,252 | €15,793 | -€13,459 | -46.0% |
| Taxes | 450/3 | €22,207 | €10,396 | -€11,811 | -53.2% |
| Remuneration and social security | 454/9 | €7,045 | €5,397 | -€1,648 | -23.4% |
| Other amounts payable | 47/48 | €709 | €11,436 | +€10,727 | +1,513% |
| Accrued charges and deferred income | 492/3 | €126 | €3,896 | +€3,770 | +2,992% |
| Remuneration, social security and pensions | 62 | €37,983 | €37,971 | -€12 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,794 | €4,794 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€565 | €1,500 | +€2,065 | |
| Other operating charges | 640/8 | €5,607 | €4,796 | -€810 | -14.5% |
| Gross operating margin | 9900 | €98,986 | €37,103 | -€61,882 | -62.5% |
| Operating profit (loss) | 9901 | €51,167 | -€11,958 | -€63,125 | |
| Financial income | 75/76B | - | €92 | +€92 | |
| Recurring financial income | 75 | - | €92 | +€92 | |
| Financial charges | 65/66B | €5,062 | €7,630 | +€2,568 | +50.7% |
| Recurring financial charges | 65 | €5,062 | €7,630 | +€2,568 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €46,105 | -€19,495 | -€65,600 | |
| Income taxes | 67/77 | €346 | €391 | +€45 | +13.1% |
| Profit (loss) for the period | 9904 | €45,759 | -€19,886 | -€65,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,759 | -€19,886 | -€65,645 |
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.