CLAMASKIN: 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.
CLAMASKIN
Largest movements
- Cash -€19,333
down €19,333 (-22.1%), from €87,513 to €68,180
mainly Trade debts (-€12,889) and Debts after one year (-€7,721)
- Tangible fixed assets -€6,256
down €6,256 (-3.8%), from €163,100 to €156,844
of which Land and buildings: -€7,348
- Trade debts -€12,889
down €12,889 (-97.0%), from €13,289 to €401
- Debts after one year -€7,721
down €7,721 (-7.8%), from €99,386 to €91,665
- Other debts -€4,360
down €4,360 (-26.8%), from €16,278 to €11,918
- Tax, wage and social debts -€4,015
down €4,015 (-60.1%), from €6,685 to €2,670
- Gross operating margin -€12,169
down €12,169 (-40.5%), from €30,038 to €17,870
- Taxes -€3,003
down €3,003 (-56.5%), from €5,312 to €2,309
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 | €294,112 | €268,058 | -€26,055 | -8.9% |
| Fixed assets | 21/28 | €163,100 | €156,844 | -€6,256 | -3.8% |
| Tangible fixed assets | 22/27 | €163,100 | €156,844 | -€6,256 | -3.8% |
| Land and buildings | 22 | €162,995 | €155,646 | -€7,348 | -4.5% |
| Plant, machinery and equipment | 23 | €105 | €0 | -€105 | -100.0% |
| Furniture and vehicles | 24 | - | €1,198 | +€1,198 | |
| Current assets | 29/58 | €131,012 | €111,213 | -€19,799 | -15.1% |
| Amounts receivable within one year | 40/41 | €38,878 | €39,502 | +€625 | +1.6% |
| Trade receivables | 40 | €25,562 | €16,490 | -€9,073 | -35.5% |
| Other amounts receivable | 41 | €13,315 | €23,013 | +€9,697 | +72.8% |
| Cash at bank and in hand | 54/58 | €87,513 | €68,180 | -€19,333 | -22.1% |
| Deferred charges and accrued income | 490/1 | €4,622 | €3,532 | -€1,091 | -23.6% |
| Total equity and liabilities | 10/49 | €294,112 | €268,058 | -€26,055 | -8.9% |
| Equity | 10/15 | €149,002 | €151,723 | +€2,722 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €115,760 | €118,460 | +€2,700 | +2.3% |
| Distributable reserves | 133 | €115,760 | €118,460 | +€2,700 | +2.3% |
| Profit (loss) carried forward | 14 | €20,842 | €20,863 | +€22 | +0.1% |
| Amounts payable | 17/49 | €145,111 | €116,334 | -€28,777 | -19.8% |
| Amounts payable after more than one year | 17 | €99,386 | €91,665 | -€7,721 | -7.8% |
| Financial debts | 170/4 | €99,386 | €91,665 | -€7,721 | -7.8% |
| Amounts payable within one year | 42/48 | €45,724 | €24,669 | -€21,055 | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €8,185 | €8,415 | +€230 | +2.8% |
| Financial debts | 43 | €1,287 | €1,265 | -€22 | -1.7% |
| Credit institutions | 430/8 | €1,287 | €1,265 | -€22 | -1.7% |
| Trade debts | 44 | €13,289 | €401 | -€12,889 | -97.0% |
| Suppliers | 440/4 | €13,289 | €401 | -€12,889 | -97.0% |
| Taxes, remuneration and social security | 45 | €6,685 | €2,670 | -€4,015 | -60.1% |
| Taxes | 450/3 | €6,685 | €2,670 | -€4,015 | -60.1% |
| Other amounts payable | 47/48 | €16,278 | €11,918 | -€4,360 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,545 | €7,684 | +€139 | +1.8% |
| Other operating charges | 640/8 | €2,028 | €1,779 | -€250 | -12.3% |
| Gross operating margin | 9900 | €30,038 | €17,870 | -€12,169 | -40.5% |
| Operating profit (loss) | 9901 | €20,465 | €8,407 | -€12,058 | -58.9% |
| Financial income | 75/76B | €761 | €581 | -€180 | -23.7% |
| Recurring financial income | 75 | €761 | €581 | -€180 | -23.7% |
| Financial charges | 65/66B | €4,194 | €3,957 | -€237 | -5.6% |
| Recurring financial charges | 65 | €4,194 | €3,957 | -€237 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €17,032 | €5,031 | -€12,002 | -70.5% |
| Income taxes | 67/77 | €5,312 | €2,309 | -€3,003 | -56.5% |
| Profit (loss) for the period | 9904 | €11,721 | €2,722 | -€8,999 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,721 | €2,722 | -€8,999 | -76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.