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CLAGO: 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.

What changed

CLAGO

BE 0837.138.209
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,116
2023 · €13,418+€1,698
Equity
€72,393
2023 · €60,196+€12,197
Cash
€94,273
2023 · €94,490-€217
Balance sheet total
€102,415
2023 · €104,915-€2,500

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€3,624

    down €3,624 (-65.7%), from €5,516 to €1,892

    of which Furniture and vehicles: -€2,898

  • Deferred charges and accrued income +€1,341

    up €1,341 (+27.3%), from €4,909 to €6,250

Equity and liabilities
  • Other debts -€16,004

    down €16,004 (-39.5%), from €40,530 to €24,526

  • Reserves +€12,197

    up €12,197 (+40.4%), from €30,196 to €42,393

Income statement
  • Depreciation -€6,069

    down €6,069 (-62.6%), from €9,692 to €3,624

  • Gross operating margin -€4,220

    down €4,220 (-12.9%), from €32,641 to €28,421

  • Financial charges +€628

    up €628 (+49.9%), from €1,258 to €1,886

  • Taxes -€466

    down €466 (-6.5%), from €7,137 to €6,671

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €13,418
Gross operating margin -€4,220
Depreciation +€6,069
Other operating charges +€7
Financial income +€5
Financial charges -€628
Taxes +€466
Result 2024 €15,116

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€2,702
Investment €0
Financing -€2,919
Cash 2023 €94,490
Net result for the year +€15,116
Depreciation +€3,624
Deferred charges and accrued income -€1,341
Trade debts -€125
Tax, wage and social debts +€1,003
Other debts -€16,004
Accrued charges and deferred income +€429
Contributions, distributions and other -€2,919
Cash 2024 €94,273
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €104,915 €102,415 -€2,500 -2.4%
Fixed assets 21/28 €5,516 €1,892 -€3,624 -65.7%
Tangible fixed assets 22/27 €5,516 €1,892 -€3,624 -65.7%
Plant, machinery and equipment 23 €2,618 €1,892 -€726 -27.7%
Furniture and vehicles 24 €2,898 - -€2,898
Current assets 29/58 €99,399 €100,523 +€1,124 +1.1%
Cash at bank and in hand 54/58 €94,490 €94,273 -€217 -0.2%
Deferred charges and accrued income 490/1 €4,909 €6,250 +€1,341 +27.3%
Total equity and liabilities 10/49 €104,915 €102,415 -€2,500 -2.4%
Equity 10/15 €60,196 €72,393 +€12,197 +20.3%
Contributions 10/11 €30,000 €30,000 = 0.0%
Reserves 13 €30,196 €42,393 +€12,197 +40.4%
Distributable reserves 133 €30,196 €42,393 +€12,197 +40.4%
Amounts payable 17/49 €44,719 €30,022 -€14,697 -32.9%
Amounts payable within one year 42/48 €43,922 €28,797 -€15,126 -34.4%
Trade debts 44 €1,473 €1,349 -€125 -8.5%
Suppliers 440/4 €1,473 €1,349 -€125 -8.5%
Taxes, remuneration and social security 45 €1,919 €2,922 +€1,003 +52.2%
Taxes 450/3 €1,919 €2,922 +€1,003 +52.2%
Other amounts payable 47/48 €40,530 €24,526 -€16,004 -39.5%
Accrued charges and deferred income 492/3 €797 €1,226 +€429 +53.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,692 €3,624 -€6,069 -62.6%
Other operating charges 640/8 €1,136 €1,129 -€7 -0.6%
Gross operating margin 9900 €32,641 €28,421 -€4,220 -12.9%
Operating profit (loss) 9901 €21,813 €23,669 +€1,856 +8.5%
Financial income 75/76B €0 €5 +€5 +47400.0%
Recurring financial income 75 €0 €5 +€5 +47400.0%
Financial charges 65/66B €1,258 €1,886 +€628 +49.9%
Recurring financial charges 65 €1,258 €1,886 +€628 +49.9%
Profit (loss) for the period before taxes 9903 €20,555 €21,788 +€1,232 +6.0%
Income taxes 67/77 €7,137 €6,671 -€466 -6.5%
Profit (loss) for the period 9904 €13,418 €15,116 +€1,698 +12.7%
Profit (loss) for the period to be appropriated 9905 €13,418 €15,116 +€1,698 +12.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.