CLAPS: 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.
CLAPS
Largest movements
- Tangible fixed assets -€33,841
down €33,841 (-4.8%), from €703,701 to €669,860
of which Land and buildings: -€21,969
- Other debts +€309,549
up €309,549 (+4459.0%), from €6,942 to €316,491
- Profit (loss) carried forward -€269,861
down €269,861 (-74.6%), from €361,735 to €91,874
- Tax, wage and social debts -€63,535
down €63,535 (-82.6%), from €76,952 to €13,417
of which Taxes: -€63,535
- Reserves -€26,576
no longer reported in 2025 (was €26,576)
- Debts after one year -€18,491
down €18,491 (-4.2%), from €442,091 to €423,600
of which Financial debts: -€21,691
- Gross operating margin -€60,291
down €60,291 (-56.5%), from €106,703 to €46,412
- Taxes -€14,373
down €14,373 (-97.7%), from €14,714 to €341
- Financial charges -€2,867
down €2,867 (-18.3%), from €15,700 to €12,833
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 | €1,005,700 | €955,174 | -€50,526 | -5.0% |
| Fixed assets | 21/28 | €703,701 | €669,860 | -€33,841 | -4.8% |
| Tangible fixed assets | 22/27 | €703,701 | €669,860 | -€33,841 | -4.8% |
| Land and buildings | 22 | €688,001 | €666,032 | -€21,969 | -3.2% |
| Plant, machinery and equipment | 23 | €576 | €1,002 | +€426 | +74.1% |
| Furniture and vehicles | 24 | €15,124 | €2,826 | -€12,298 | -81.3% |
| Current assets | 29/58 | €301,999 | €285,314 | -€16,685 | -5.5% |
| Amounts receivable within one year | 40/41 | €175,198 | €166,129 | -€9,069 | -5.2% |
| Trade receivables | 40 | €135,223 | €166,129 | +€30,906 | +22.9% |
| Other amounts receivable | 41 | €39,975 | - | -€39,975 | |
| Cash at bank and in hand | 54/58 | €126,801 | €119,185 | -€7,615 | -6.0% |
| Total equity and liabilities | 10/49 | €1,005,700 | €955,174 | -€50,526 | -5.0% |
| Equity | 10/15 | €391,311 | €94,874 | -€296,437 | -75.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,576 | - | -€26,576 | |
| Distributable reserves | 133 | €26,576 | - | -€26,576 | |
| Profit (loss) carried forward | 14 | €361,735 | €91,874 | -€269,861 | -74.6% |
| Amounts payable | 17/49 | €614,388 | €860,300 | +€245,911 | +40.0% |
| Amounts payable after more than one year | 17 | €442,091 | €423,600 | -€18,491 | -4.2% |
| Financial debts | 170/4 | €442,091 | €420,400 | -€21,691 | -4.9% |
| Other amounts payable | 178/9 | - | €3,200 | +€3,200 | |
| Amounts payable within one year | 42/48 | €172,297 | €436,700 | +€264,402 | +153.5% |
| Current portion of amounts payable after more than one year | 42 | €20,299 | €20,848 | +€549 | +2.7% |
| Trade debts | 44 | €68,104 | €85,944 | +€17,840 | +26.2% |
| Suppliers | 440/4 | €68,104 | €85,944 | +€17,840 | +26.2% |
| Taxes, remuneration and social security | 45 | €76,952 | €13,417 | -€63,535 | -82.6% |
| Taxes | 450/3 | €74,019 | €10,484 | -€63,535 | -85.8% |
| Remuneration and social security | 454/9 | €2,933 | €2,933 | = | 0.0% |
| Other amounts payable | 47/48 | €6,942 | €316,491 | +€309,549 | +4459.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,033 | €35,001 | -€32 | -0.1% |
| Other operating charges | 640/8 | €3,334 | €3,334 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €75 | +€75 | |
| Gross operating margin | 9900 | €106,703 | €46,412 | -€60,291 | -56.5% |
| Operating profit (loss) | 9901 | €68,336 | €8,001 | -€60,335 | -88.3% |
| Financial charges | 65/66B | €15,700 | €12,833 | -€2,867 | -18.3% |
| Recurring financial charges | 65 | €15,700 | €12,833 | -€2,867 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €52,636 | -€4,831 | -€57,467 | |
| Income taxes | 67/77 | €14,714 | €341 | -€14,373 | -97.7% |
| Profit (loss) for the period | 9904 | €37,922 | -€5,172 | -€43,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,922 | -€5,172 | -€43,094 |
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 7 October 2026 via checked.be.