CLARENHOF: 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.
CLARENHOF
Largest movements
- Receivables within one year -€107,758
down €107,758 (-9.5%), from €1.1m to €1.0m
of which Other amounts receivable: -€102,521
- Tangible fixed assets -€42,189
down €42,189 (-7.4%), from €572,347 to €530,158
- Tax, wage and social debts -€99,366
down €99,366 (-69.6%), from €142,734 to €43,368
- Debts after one year -€65,935
down €65,935 (-12.3%), from €538,108 to €472,173
- Profit (loss) carried forward +€42,850
up €42,850 (+29.2%), from €146,519 to €189,369
- Reserves -€23,245
down €23,245 (-7.1%), from €325,177 to €301,932
- Gross operating margin -€34,122
down €34,122 (-28.8%), from €118,470 to €84,348
- Taxes -€12,171
down €12,171 (-43.8%), from €27,769 to €15,599
- Other operating charges +€7,500
up €7,500 (+690%), from €1,088 to €8,588
- Financial charges +€1,491
up €1,491 (+9.7%), from €15,313 to €16,804
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 | €1,707,091 | €1,555,993 | -€151,098 | -8.9% |
| Fixed assets | 21/28 | €572,347 | €530,158 | -€42,189 | -7.4% |
| Tangible fixed assets | 22/27 | €572,347 | €530,158 | -€42,189 | -7.4% |
| Land and buildings | 22 | €572,347 | €530,158 | -€42,189 | -7.4% |
| Current assets | 29/58 | €1,134,744 | €1,025,835 | -€108,909 | -9.6% |
| Amounts receivable within one year | 40/41 | €1,132,349 | €1,024,592 | -€107,758 | -9.5% |
| Trade receivables | 40 | €5,237 | - | -€5,237 | |
| Other amounts receivable | 41 | €1,127,112 | €1,024,592 | -€102,521 | -9.1% |
| Cash at bank and in hand | 54/58 | €1,894 | €1,243 | -€651 | -34.4% |
| Deferred charges and accrued income | 490/1 | €500 | - | -€500 | |
| Total equity and liabilities | 10/49 | €1,707,091 | €1,555,993 | -€151,098 | -8.9% |
| Equity | 10/15 | €846,695 | €866,301 | +€19,605 | +2.3% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €325,177 | €301,932 | -€23,245 | -7.1% |
| Tax-exempt reserves | 132 | €325,177 | €301,932 | -€23,245 | -7.1% |
| Profit (loss) carried forward | 14 | €146,519 | €189,369 | +€42,850 | +29.2% |
| Provisions and deferred taxes | 16 | €108,392 | €100,644 | -€7,748 | -7.1% |
| Deferred taxes | 168 | €108,392 | €100,644 | -€7,748 | -7.1% |
| Amounts payable | 17/49 | €752,003 | €589,048 | -€162,955 | -21.7% |
| Amounts payable after more than one year | 17 | €538,108 | €472,173 | -€65,935 | -12.3% |
| Financial debts | 170/4 | €538,108 | €472,173 | -€65,935 | -12.3% |
| Amounts payable within one year | 42/48 | €213,545 | €116,525 | -€97,020 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €69,745 | €71,367 | +€1,623 | +2.3% |
| Trade debts | 44 | €1,066 | €1,790 | +€724 | +68.0% |
| Suppliers | 440/4 | €1,066 | €1,790 | +€724 | +68.0% |
| Taxes, remuneration and social security | 45 | €142,734 | €43,368 | -€99,366 | -69.6% |
| Taxes | 450/3 | €142,734 | €43,368 | -€99,366 | -69.6% |
| Accrued charges and deferred income | 492/3 | €350 | €350 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,209 | €42,189 | -€20 | 0.0% |
| Other operating charges | 640/8 | €1,088 | €8,588 | +€7,500 | +690% |
| Gross operating margin | 9900 | €118,470 | €84,348 | -€34,122 | -28.8% |
| Operating profit (loss) | 9901 | €75,174 | €33,572 | -€41,602 | -55.3% |
| Financial income | 75/76B | €11,052 | €10,688 | -€363 | -3.3% |
| Recurring financial income | 75 | €11,052 | €10,688 | -€363 | -3.3% |
| Financial charges | 65/66B | €15,313 | €16,804 | +€1,491 | +9.7% |
| Recurring financial charges | 65 | €15,313 | €16,804 | +€1,491 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €70,912 | €27,455 | -€43,456 | -61.3% |
| Transfer from deferred taxes | 780 | €7,748 | €7,748 | = | 0.0% |
| Income taxes | 67/77 | €27,769 | €15,599 | -€12,171 | -43.8% |
| Profit (loss) for the period | 9904 | €50,891 | €19,605 | -€31,286 | -61.5% |
| Transfer from tax-exempt reserves | 789 | €23,245 | €23,245 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,136 | €42,850 | -€31,286 | -42.2% |
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 22 October 2026 via checked.be.