Claeysberghe: 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.
Claeysberghe
Largest movements
- Tangible fixed assets -€48,270
down €48,270 (-8.0%), from €607,134 to €558,864
of which Land and buildings: -€31,198
- Cash +€31,582
up €31,582 (+14.8%), from €212,889 to €244,471
mainly Net result for the year (+€61,310) and Depreciation (+€48,270)
- Current investments +€29,268
up €29,268 (+85.7%), from €34,146 to €63,414
- Debts after one year -€42,695
down €42,695 (-9.9%), from €430,129 to €387,434
- Other debts +€38,966
up €38,966 (+30.9%), from €126,185 to €165,151
- Reserves +€21,279
up €21,279 (+9.4%), from €225,391 to €246,670
of which Distributable reserves: +€21,279
- Tax, wage and social debts -€10,520
down €10,520 (-25.1%), from €41,871 to €31,352
of which Remuneration and social security: -€6,218
- Depreciation +€24,002
up €24,002 (+98.9%), from €24,268 to €48,270
- Gross operating margin +€20,602
up €20,602 (+10.7%), from €191,840 to €212,442
- Staff costs -€5,282
down €5,282 (-7.5%), from €70,573 to €65,291
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 | €892,119 | €901,614 | +€9,495 | +1.1% |
| Fixed assets | 21/28 | €607,424 | €559,154 | -€48,270 | -7.9% |
| Tangible fixed assets | 22/27 | €607,134 | €558,864 | -€48,270 | -8.0% |
| Land and buildings | 22 | €553,954 | €522,756 | -€31,198 | -5.6% |
| Plant, machinery and equipment | 23 | €2,627 | €873 | -€1,754 | -66.8% |
| Furniture and vehicles | 24 | €50,554 | €35,236 | -€15,318 | -30.3% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €284,695 | €342,460 | +€57,764 | +20.3% |
| Stocks and contracts in progress | 3 | €35,115 | €30,228 | -€4,887 | -13.9% |
| Stocks | 30/36 | €35,115 | €30,228 | -€4,887 | -13.9% |
| Amounts receivable within one year | 40/41 | €1,138 | €2,059 | +€921 | +80.9% |
| Trade receivables | 40 | €75 | €491 | +€415 | +552.2% |
| Other amounts receivable | 41 | €1,063 | €1,569 | +€506 | +47.6% |
| Current investments | 50/53 | €34,146 | €63,414 | +€29,268 | +85.7% |
| Cash at bank and in hand | 54/58 | €212,889 | €244,471 | +€31,582 | +14.8% |
| Deferred charges and accrued income | 490/1 | €1,407 | €2,287 | +€880 | +62.6% |
| Total equity and liabilities | 10/49 | €892,119 | €901,614 | +€9,495 | +1.1% |
| Equity | 10/15 | €243,991 | €265,270 | +€21,279 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,391 | €246,670 | +€21,279 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,531 | €244,810 | +€21,279 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €648,128 | €636,343 | -€11,785 | -1.8% |
| Amounts payable after more than one year | 17 | €430,129 | €387,434 | -€42,695 | -9.9% |
| Financial debts | 170/4 | €430,129 | €387,434 | -€42,695 | -9.9% |
| Amounts payable within one year | 42/48 | €217,999 | €248,909 | +€30,910 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €41,839 | €42,695 | +€855 | +2.0% |
| Trade debts | 44 | €8,103 | €9,712 | +€1,609 | +19.9% |
| Suppliers | 440/4 | €8,103 | €9,712 | +€1,609 | +19.9% |
| Taxes, remuneration and social security | 45 | €41,871 | €31,352 | -€10,520 | -25.1% |
| Taxes | 450/3 | €26,504 | €22,202 | -€4,302 | -16.2% |
| Remuneration and social security | 454/9 | €15,368 | €9,150 | -€6,218 | -40.5% |
| Other amounts payable | 47/48 | €126,185 | €165,151 | +€38,966 | +30.9% |
| Remuneration, social security and pensions | 62 | €70,573 | €65,291 | -€5,282 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,268 | €48,270 | +€24,002 | +98.9% |
| Other operating charges | 640/8 | €2,997 | €2,901 | -€96 | -3.2% |
| Gross operating margin | 9900 | €191,840 | €212,442 | +€20,602 | +10.7% |
| Operating profit (loss) | 9901 | €94,003 | €95,980 | +€1,977 | +2.1% |
| Financial income | 75/76B | €902 | €2,817 | +€1,915 | +212.2% |
| Recurring financial income | 75 | €902 | €2,817 | +€1,915 | +212.2% |
| Financial charges | 65/66B | €12,407 | €12,577 | +€170 | +1.4% |
| Recurring financial charges | 65 | €12,407 | €12,577 | +€170 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €82,497 | €86,220 | +€3,722 | +4.5% |
| Income taxes | 67/77 | €22,829 | €24,909 | +€2,080 | +9.1% |
| Profit (loss) for the period | 9904 | €59,669 | €61,310 | +€1,642 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,669 | €61,310 | +€1,642 | +2.8% |
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 12 October 2026 via checked.be.