CLAEYS & ZOON: 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 & ZOON
Largest movements
- Receivables within one year +€9,830
up €9,830 (+33.7%), from €29,175 to €39,005
of which Other amounts receivable: +€7,029
- Stocks and contracts +€925
up €925 (+20.6%), from €4,500 to €5,425
of which Contracts in progress: +€1,000
- Tangible fixed assets -€716
down €716 (-13.3%), from €5,386 to €4,670
of which Furniture and vehicles: -€1,403
- Trade debts +€8,153
up €8,153 (+57.0%), from €14,304 to €22,457
- Profit (loss) carried forward +€3,120
up €3,120 (+20.2%), from -€15,466 to -€12,345
- Short-term financial debts -€2,371
down €2,371 (-31.6%), from €7,501 to €5,130
- Tax, wage and social debts +€1,251
up €1,251 (+71.8%), from €1,741 to €2,992
of which Taxes: +€1,351
- Gross operating margin -€15,589
down €15,589 (-61.4%), from €25,373 to €9,784
- Write-downs +€1,407
new in 2025: €1,407
- Other operating charges -€643
down €643 (-48.1%), from €1,336 to €694
- Taxes +€417
up €417 (+44.7%), from €934 to €1,351
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,440 | €49,593 | +€10,153 | +25.7% |
| Fixed assets | 21/28 | €5,386 | €4,670 | -€716 | -13.3% |
| Tangible fixed assets | 22/27 | €5,386 | €4,670 | -€716 | -13.3% |
| Plant, machinery and equipment | 23 | €884 | €1,571 | +€687 | +77.7% |
| Furniture and vehicles | 24 | €4,502 | €3,099 | -€1,403 | -31.2% |
| Current assets | 29/58 | €34,054 | €44,923 | +€10,869 | +31.9% |
| Stocks and contracts in progress | 3 | €4,500 | €5,425 | +€925 | +20.6% |
| Stocks | 30/36 | €500 | €425 | -€75 | -15.0% |
| Contracts in progress | 37 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Amounts receivable within one year | 40/41 | €29,175 | €39,005 | +€9,830 | +33.7% |
| Trade receivables | 40 | €22,440 | €25,241 | +€2,801 | +12.5% |
| Other amounts receivable | 41 | €6,735 | €13,764 | +€7,029 | +104% |
| Deferred charges and accrued income | 490/1 | €379 | €493 | +€114 | +30.1% |
| Total equity and liabilities | 10/49 | €39,440 | €49,593 | +€10,153 | +25.7% |
| Equity | 10/15 | €14,994 | €18,114 | +€3,120 | +20.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €17,959 | €17,959 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €17,959 | €17,959 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,466 | -€12,345 | +€3,120 | +20.2% |
| Amounts payable | 17/49 | €24,446 | €31,479 | +€7,033 | +28.8% |
| Amounts payable within one year | 42/48 | €23,546 | €30,579 | +€7,033 | +29.9% |
| Financial debts | 43 | €7,501 | €5,130 | -€2,371 | -31.6% |
| Credit institutions | 430/8 | €7,501 | €5,130 | -€2,371 | -31.6% |
| Trade debts | 44 | €14,304 | €22,457 | +€8,153 | +57.0% |
| Suppliers | 440/4 | €14,304 | €22,457 | +€8,153 | +57.0% |
| Taxes, remuneration and social security | 45 | €1,741 | €2,992 | +€1,251 | +71.8% |
| Taxes | 450/3 | €891 | €2,242 | +€1,351 | +152% |
| Remuneration and social security | 454/9 | €850 | €750 | -€100 | -11.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €900 | €900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,888 | €1,828 | -€60 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,407 | +€1,407 | |
| Other operating charges | 640/8 | €1,336 | €694 | -€643 | -48.1% |
| Gross operating margin | 9900 | €25,373 | €9,784 | -€15,589 | -61.4% |
| Operating profit (loss) | 9901 | €22,150 | €5,856 | -€16,294 | -73.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,345 | €1,385 | +€40 | +3.0% |
| Recurring financial charges | 65 | €1,345 | €1,385 | +€40 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €20,805 | €4,471 | -€16,334 | -78.5% |
| Income taxes | 67/77 | €934 | €1,351 | +€417 | +44.7% |
| Profit (loss) for the period | 9904 | €19,871 | €3,120 | -€16,751 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,871 | €3,120 | -€16,751 | -84.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.