CLARA B.: 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.
CLARA B.
Largest movements
- Receivables within one year -€69,327
down €69,327 (-37.5%), from €185,091 to €115,764
of which Trade receivables: -€53,609
- Cash +€17,083
up €17,083 (+135.7%), from €12,590 to €29,673
mainly Receivables within one year (+€69,327) and Depreciation (+€4,455)
- Tax, wage and social debts -€24,090
down €24,090 (-79.4%), from €30,344 to €6,254
- Profit (loss) carried forward -€20,132
down €20,132 (-37.5%), from €53,744 to €33,612
- Trade debts -€6,992
down €6,992 (-44.7%), from €15,625 to €8,633
- Gross operating margin -€110,734
down €110,734, from €97,489 to -€13,245
- Taxes -€29,940
down €29,940 (-99.5%), from €30,084 to €144
- Depreciation -€1,546
down €1,546 (-25.8%), from €6,001 to €4,455
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 | €221,769 | €170,653 | -€51,116 | -23.0% |
| Fixed assets | 21/28 | €23,103 | €24,174 | +€1,071 | +4.6% |
| Tangible fixed assets | 22/27 | €23,103 | €24,174 | +€1,071 | +4.6% |
| Plant, machinery and equipment | 23 | €20,106 | €21,747 | +€1,641 | +8.2% |
| Furniture and vehicles | 24 | €2,997 | €2,427 | -€570 | -19.0% |
| Current assets | 29/58 | €198,666 | €146,479 | -€52,187 | -26.3% |
| Amounts receivable within one year | 40/41 | €185,091 | €115,764 | -€69,327 | -37.5% |
| Trade receivables | 40 | €60,994 | €7,385 | -€53,609 | -87.9% |
| Other amounts receivable | 41 | €124,097 | €108,379 | -€15,718 | -12.7% |
| Cash at bank and in hand | 54/58 | €12,590 | €29,673 | +€17,083 | +135.7% |
| Deferred charges and accrued income | 490/1 | €985 | €1,042 | +€57 | +5.8% |
| Total equity and liabilities | 10/49 | €221,769 | €170,653 | -€51,116 | -23.0% |
| Equity | 10/15 | €175,800 | €155,668 | -€20,132 | -11.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €115,859 | €115,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €114,000 | €114,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,744 | €33,612 | -€20,132 | -37.5% |
| Amounts payable | 17/49 | €45,969 | €14,985 | -€30,984 | -67.4% |
| Amounts payable within one year | 42/48 | €45,969 | €14,887 | -€31,082 | -67.6% |
| Trade debts | 44 | €15,625 | €8,633 | -€6,992 | -44.7% |
| Suppliers | 440/4 | €15,625 | €8,633 | -€6,992 | -44.7% |
| Taxes, remuneration and social security | 45 | €30,344 | €6,254 | -€24,090 | -79.4% |
| Taxes | 450/3 | €30,344 | €6,254 | -€24,090 | -79.4% |
| Accrued charges and deferred income | 492/3 | - | €98 | +€98 | |
| Non-recurring operating income | 76A | - | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,001 | €4,455 | -€1,546 | -25.8% |
| Other operating charges | 640/8 | €2,301 | €2,129 | -€172 | -7.5% |
| Gross operating margin | 9900 | €97,489 | -€13,245 | -€110,734 | |
| Operating profit (loss) | 9901 | €89,187 | -€19,829 | -€109,016 | |
| Financial income | 75/76B | €35 | €106 | +€71 | +202.9% |
| Recurring financial income | 75 | €35 | €106 | +€71 | +202.9% |
| Financial charges | 65/66B | €502 | €265 | -€237 | -47.2% |
| Recurring financial charges | 65 | €502 | €265 | -€237 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €88,720 | -€19,988 | -€108,708 | |
| Income taxes | 67/77 | €30,084 | €144 | -€29,940 | -99.5% |
| Profit (loss) for the period | 9904 | €58,636 | -€20,132 | -€78,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,636 | -€20,132 | -€78,768 |
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 4 October 2026 via checked.be.