"CLAIRE NICOLAS": 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 NICOLAS"
Largest movements
- Cash +€23,778
up €23,778 (+419%), from €5,680 to €29,458
mainly Other debts (+€37,279) and Net result for the year (+€32,685)
- Intangible fixed assets -€12,500
down €12,500 (-12.6%), from €99,429 to €86,929
- Tangible fixed assets -€7,401
down €7,401 (-37.3%), from €19,837 to €12,436
of which Furniture and vehicles: -€7,617
- Deferred charges and accrued income +€1,941
up €1,941 (+136%), from €1,423 to €3,365
- Profit (loss) carried forward -€42,094
down €42,094 (-97.6%), from €43,107 to €1,013
- Other debts +€37,279
new in 2025: €37,279
- Reserves +€35,000
new in 2025: €35,000
- Debts after one year -€25,467
down €25,467 (-38.8%), from €65,622 to €40,155
- Trade debts -€3,090
down €3,090 (-41.2%), from €7,493 to €4,403
- Gross operating margin +€22,199
up €22,199 (+24.6%), from €90,409 to €112,608
- Other operating charges +€5,871
up €5,871 (+769%), from €764 to €6,634
- Taxes +€4,409
up €4,409 (+77.8%), from €5,666 to €10,075
- Depreciation -€4,009
down €4,009 (-17.2%), from €23,350 to €19,341
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 | €162,547 | €167,491 | +€4,944 | +3.0% |
| Fixed assets | 21/28 | €119,381 | €99,481 | -€19,901 | -16.7% |
| Intangible fixed assets | 21 | €99,429 | €86,929 | -€12,500 | -12.6% |
| Tangible fixed assets | 22/27 | €19,837 | €12,436 | -€7,401 | -37.3% |
| Furniture and vehicles | 24 | €12,682 | €5,065 | -€7,617 | -60.1% |
| Other tangible fixed assets | 26 | €7,155 | €7,371 | +€216 | +3.0% |
| Financial fixed assets | 28 | €116 | €116 | = | 0.0% |
| Current assets | 29/58 | €43,166 | €68,010 | +€24,844 | +57.6% |
| Amounts receivable within one year | 40/41 | €36,063 | €35,188 | -€875 | -2.4% |
| Trade receivables | 40 | €6,402 | €3,876 | -€2,526 | -39.5% |
| Other amounts receivable | 41 | €29,661 | €31,312 | +€1,651 | +5.6% |
| Cash at bank and in hand | 54/58 | €5,680 | €29,458 | +€23,778 | +419% |
| Deferred charges and accrued income | 490/1 | €1,423 | €3,365 | +€1,941 | +136% |
| Total equity and liabilities | 10/49 | €162,547 | €167,491 | +€4,944 | +3.0% |
| Equity | 10/15 | €46,107 | €39,013 | -€7,094 | -15.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €35,000 | +€35,000 | |
| Distributable reserves | 133 | - | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | €43,107 | €1,013 | -€42,094 | -97.6% |
| Amounts payable | 17/49 | €116,440 | €128,478 | +€12,038 | +10.3% |
| Amounts payable after more than one year | 17 | €65,622 | €40,155 | -€25,467 | -38.8% |
| Financial debts | 170/4 | €65,622 | €40,155 | -€25,467 | -38.8% |
| Amounts payable within one year | 42/48 | €50,817 | €88,322 | +€37,505 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | €24,471 | €25,467 | +€996 | +4.1% |
| Trade debts | 44 | €7,493 | €4,403 | -€3,090 | -41.2% |
| Suppliers | 440/4 | €7,493 | €4,403 | -€3,090 | -41.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,853 | €21,173 | +€2,320 | +12.3% |
| Taxes | 450/3 | €12,846 | €16,715 | +€3,870 | +30.1% |
| Remuneration and social security | 454/9 | €6,007 | €4,458 | -€1,549 | -25.8% |
| Other amounts payable | 47/48 | - | €37,279 | +€37,279 | |
| Non-recurring operating income | 76A | - | €3,346 | +€3,346 | |
| Remuneration, social security and pensions | 62 | €39,526 | €40,115 | +€589 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,350 | €19,341 | -€4,009 | -17.2% |
| Other operating charges | 640/8 | €764 | €6,634 | +€5,871 | +769% |
| Gross operating margin | 9900 | €90,409 | €112,608 | +€22,199 | +24.6% |
| Operating profit (loss) | 9901 | €26,769 | €46,518 | +€19,749 | +73.8% |
| Financial income | 75/76B | €991 | €1,506 | +€515 | +52.0% |
| Recurring financial income | 75 | €991 | €1,506 | +€515 | +52.0% |
| Financial charges | 65/66B | €4,465 | €5,264 | +€798 | +17.9% |
| Recurring financial charges | 65 | €4,465 | €5,264 | +€798 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €23,295 | €42,760 | +€19,466 | +83.6% |
| Income taxes | 67/77 | €5,666 | €10,075 | +€4,409 | +77.8% |
| Profit (loss) for the period | 9904 | €17,629 | €32,685 | +€15,056 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,629 | €32,685 | +€15,056 | +85.4% |
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 19 October 2026 via checked.be.