CLAREMBEAU: 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.
CLAREMBEAU
Largest movements
- Tangible fixed assets -€32,318
down €32,318 (-49.0%), from €65,890 to €33,572
of which Plant, machinery and equipment: -€22,504
- Stocks and contracts -€8,459
down €8,459 (-51.2%), from €16,519 to €8,060
- Receivables within one year +€5,207
up €5,207 (+36.8%), from €14,156 to €19,363
of which Other amounts receivable: +€8,855
- Financial fixed assets +€4,500
up €4,500 (+1029.7%), from €437 to €4,937
- Intangible fixed assets -€2,974
down €2,974 (-37.4%), from €7,959 to €4,985
- Other debts +€16,830
up €16,830 (+27.3%), from €61,682 to €78,513
- Tax, wage and social debts -€15,043
down €15,043 (-65.0%), from €23,137 to €8,094
of which Remuneration and social security: -€13,278
- Current portion of long-term debt -€11,336
down €11,336 (-49.0%), from €23,130 to €11,795
- Profit (loss) carried forward -€10,159
down €10,159 (-16.8%), from -€60,472 to -€70,631
- Debts after one year -€8,142
down €8,142 (-32.7%), from €24,917 to €16,775
- Staff costs -€26,291
down €26,291 (-42.1%), from €62,447 to €36,156
- Gross operating margin -€23,593
down €23,593 (-28.4%), from €83,217 to €59,623
- Financial charges +€2,720
up €2,720 (+96.2%), from €2,827 to €5,547
- Other operating charges -€2,196
down €2,196 (-97.1%), from €2,262 to €66
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 | €107,507 | €72,916 | -€34,591 | -32.2% |
| Fixed assets | 21/28 | €74,286 | €43,494 | -€30,792 | -41.5% |
| Intangible fixed assets | 21 | €7,959 | €4,985 | -€2,974 | -37.4% |
| Tangible fixed assets | 22/27 | €65,890 | €33,572 | -€32,318 | -49.0% |
| Land and buildings | 22 | €7,228 | - | -€7,228 | |
| Plant, machinery and equipment | 23 | €53,665 | €31,161 | -€22,504 | -41.9% |
| Furniture and vehicles | 24 | €4,996 | €2,411 | -€2,585 | -51.7% |
| Financial fixed assets | 28 | €437 | €4,937 | +€4,500 | +1029.7% |
| Current assets | 29/58 | €33,221 | €29,422 | -€3,799 | -11.4% |
| Stocks and contracts in progress | 3 | €16,519 | €8,060 | -€8,459 | -51.2% |
| Stocks | 30/36 | €16,519 | €8,060 | -€8,459 | -51.2% |
| Amounts receivable within one year | 40/41 | €14,156 | €19,363 | +€5,207 | +36.8% |
| Trade receivables | 40 | €10,568 | €6,920 | -€3,648 | -34.5% |
| Other amounts receivable | 41 | €3,588 | €12,443 | +€8,855 | +246.8% |
| Cash at bank and in hand | 54/58 | €2,153 | €1,999 | -€154 | -7.1% |
| Deferred charges and accrued income | 490/1 | €393 | - | -€393 | |
| Total equity and liabilities | 10/49 | €107,507 | €72,916 | -€34,591 | -32.2% |
| Equity | 10/15 | -€40,472 | -€50,631 | -€10,159 | -25.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€60,472 | -€70,631 | -€10,159 | -16.8% |
| Amounts payable | 17/49 | €147,979 | €123,547 | -€24,432 | -16.5% |
| Amounts payable after more than one year | 17 | €24,917 | €16,775 | -€8,142 | -32.7% |
| Financial debts | 170/4 | €24,917 | €16,775 | -€8,142 | -32.7% |
| Amounts payable within one year | 42/48 | €123,062 | €106,772 | -€16,290 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €23,130 | €11,795 | -€11,336 | -49.0% |
| Financial debts | 43 | €2,761 | €3,211 | +€449 | +16.3% |
| Credit institutions | 430/8 | €2,761 | €3,211 | +€449 | +16.3% |
| Trade debts | 44 | €12,352 | €5,161 | -€7,191 | -58.2% |
| Suppliers | 440/4 | €12,352 | €5,161 | -€7,191 | -58.2% |
| Taxes, remuneration and social security | 45 | €23,137 | €8,094 | -€15,043 | -65.0% |
| Taxes | 450/3 | €5,480 | €3,714 | -€1,765 | -32.2% |
| Remuneration and social security | 454/9 | €17,657 | €4,380 | -€13,278 | -75.2% |
| Other amounts payable | 47/48 | €61,682 | €78,513 | +€16,830 | +27.3% |
| Non-recurring operating income | 76A | €2,099 | €6,726 | +€4,627 | +220.5% |
| Remuneration, social security and pensions | 62 | €62,447 | €36,156 | -€26,291 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,633 | €28,064 | -€570 | -2.0% |
| Other operating charges | 640/8 | €2,262 | €66 | -€2,196 | -97.1% |
| Non-recurring operating charges | 66A | €585 | - | -€585 | |
| Gross operating margin | 9900 | €83,217 | €59,623 | -€23,593 | -28.4% |
| Operating profit (loss) | 9901 | -€10,710 | -€4,662 | +€6,048 | +56.5% |
| Financial income | 75/76B | €48 | €50 | +€2 | +3.3% |
| Recurring financial income | 75 | €48 | €50 | +€2 | +3.3% |
| Financial charges | 65/66B | €2,827 | €5,547 | +€2,720 | +96.2% |
| Recurring financial charges | 65 | €2,827 | €5,547 | +€2,720 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,489 | -€10,159 | +€3,330 | +24.7% |
| Profit (loss) for the period | 9904 | -€13,489 | -€10,159 | +€3,330 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,489 | -€10,159 | +€3,330 | +24.7% |
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 10 October 2026 via checked.be.