Claire Decoene: 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.
Claire Decoene
Largest movements
- Receivables within one year -€8,152
down €8,152 (-39.0%), from €20,922 to €12,770
of which Trade receivables: -€6,512
- Cash -€7,609
down €7,609 (-8.6%), from €88,299 to €80,690
mainly Contributions, distributions and other (-€29,777) and Trade debts (-€4,250)
- Reserves -€29,777
down €29,777 (-25.7%), from €115,708 to €85,931
- Other debts +€18,521
up €18,521, from €0 to €18,521
- Trade debts -€4,250
down €4,250 (-100%), from €4,250 to €0
- Profit (loss) carried forward -€3,995
down €3,995 (-21.2%), from €18,815 to €14,821
- Accrued charges and deferred income +€3,180
new in 2025: €3,180
- Gross operating margin -€28,060
down €28,060, from €24,755 to -€3,305
- Taxes -€5,412
down €5,412 (-97.4%), from €5,554 to €143
- Financial income -€789
down €789 (-78.7%), from €1,003 to €214
- Other operating charges -€421
down €421 (-51.3%), from €821 to €400
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 | €138,773 | €122,903 | -€15,870 | -11.4% |
| Fixed assets | 21/28 | €1,014 | €653 | -€361 | -35.6% |
| Tangible fixed assets | 22/27 | €1,014 | €653 | -€361 | -35.6% |
| Furniture and vehicles | 24 | €1,014 | €653 | -€361 | -35.6% |
| Current assets | 29/58 | €137,760 | €122,251 | -€15,509 | -11.3% |
| Amounts receivable after more than one year | 29 | €28,000 | €28,000 | = | 0.0% |
| Other amounts receivable | 291 | €28,000 | €28,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,922 | €12,770 | -€8,152 | -39.0% |
| Trade receivables | 40 | €8,937 | €2,425 | -€6,512 | -72.9% |
| Other amounts receivable | 41 | €11,985 | €10,345 | -€1,640 | -13.7% |
| Cash at bank and in hand | 54/58 | €88,299 | €80,690 | -€7,609 | -8.6% |
| Deferred charges and accrued income | 490/1 | €539 | €791 | +€252 | +46.8% |
| Total equity and liabilities | 10/49 | €138,773 | €122,903 | -€15,870 | -11.4% |
| Equity | 10/15 | €134,523 | €100,752 | -€33,771 | -25.1% |
| Reserves | 13 | €115,708 | €85,931 | -€29,777 | -25.7% |
| Distributable reserves | 133 | €115,708 | €85,931 | -€29,777 | -25.7% |
| Profit (loss) carried forward | 14 | €18,815 | €14,821 | -€3,995 | -21.2% |
| Amounts payable | 17/49 | €4,250 | €22,152 | +€17,902 | +421% |
| Amounts payable within one year | 42/48 | €4,250 | €18,971 | +€14,721 | +346% |
| Trade debts | 44 | €4,250 | €0 | -€4,250 | -100% |
| Suppliers | 440/4 | €4,250 | €0 | -€4,250 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €450 | +€450 | |
| Taxes | 450/3 | €0 | €450 | +€450 | |
| Other amounts payable | 47/48 | €0 | €18,521 | +€18,521 | |
| Accrued charges and deferred income | 492/3 | - | €3,180 | +€3,180 | |
| Non-recurring operating income | 76A | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €361 | -€207 | -36.5% |
| Other operating charges | 640/8 | €821 | €400 | -€421 | -51.3% |
| Gross operating margin | 9900 | €24,755 | -€3,305 | -€28,060 | |
| Operating profit (loss) | 9901 | €23,367 | -€4,066 | -€27,432 | |
| Financial income | 75/76B | €1,003 | €214 | -€789 | -78.7% |
| Recurring financial income | 75 | €1,003 | €214 | -€789 | -78.7% |
| Financial charges | 65/66B | €0 | €0 | -€0 | -100% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period before taxes | 9903 | €24,369 | -€3,852 | -€28,221 | |
| Income taxes | 67/77 | €5,554 | €143 | -€5,412 | -97.4% |
| Profit (loss) for the period | 9904 | €18,815 | -€3,995 | -€22,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,815 | -€3,995 | -€22,810 |
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 27 October 2026 via checked.be.