CLARETHIS: 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.
CLARETHIS
Largest movements
- Tangible fixed assets -€24,391
down €24,391 (-21.5%), from €113,699 to €89,309
of which Furniture and vehicles: -€31,297
- Receivables within one year -€13,796
down €13,796 (-32.9%), from €41,965 to €28,169
of which Other amounts receivable: -€32,290
- Cash -€4,473
down €4,473 (-12.4%), from €35,962 to €31,489
mainly Net result for the year (-€27,994) and Investment in fixed assets (net) (-€14,492)
- Deferred charges and accrued income -€3,704
down €3,704 (-13.5%), from €27,519 to €23,815
- Profit (loss) carried forward -€27,994
down €27,994 (-78.6%), from €35,617 to €7,623
- Debts after one year -€13,978
down €13,978 (-32.0%), from €43,657 to €29,679
- Provisions -€3,507
down €3,507 (-9.4%), from €37,399 to €33,892
- Tax, wage and social debts -€2,460
down €2,460 (-34.0%), from €7,234 to €4,774
- Gross operating margin -€74,433
down €74,433 (-54.6%), from €136,214 to €61,781
- Taxes -€16,025
down €16,025 (-97.8%), from €16,382 to €357
- Financial charges +€5,812
up €5,812 (+12.7%), from €45,640 to €51,452
- Depreciation +€2,851
up €2,851 (+7.9%), from €36,032 to €38,883
- Financial income -€2,094
down €2,094 (-94.8%), from €2,209 to €114
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 | €219,146 | €172,781 | -€46,365 | -21.2% |
| Fixed assets | 21/28 | €113,699 | €89,309 | -€24,391 | -21.5% |
| Tangible fixed assets | 22/27 | €113,699 | €89,309 | -€24,391 | -21.5% |
| Plant, machinery and equipment | 23 | €1,136 | €8,043 | +€6,907 | +608% |
| Furniture and vehicles | 24 | €112,563 | €81,266 | -€31,297 | -27.8% |
| Current assets | 29/58 | €105,447 | €83,473 | -€21,974 | -20.8% |
| Amounts receivable within one year | 40/41 | €41,965 | €28,169 | -€13,796 | -32.9% |
| Trade receivables | 40 | - | €18,494 | +€18,494 | |
| Other amounts receivable | 41 | €41,965 | €9,675 | -€32,290 | -76.9% |
| Cash at bank and in hand | 54/58 | €35,962 | €31,489 | -€4,473 | -12.4% |
| Deferred charges and accrued income | 490/1 | €27,519 | €23,815 | -€3,704 | -13.5% |
| Total equity and liabilities | 10/49 | €219,146 | €172,781 | -€46,365 | -21.2% |
| Equity | 10/15 | €113,677 | €85,683 | -€27,994 | -24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,860 | €71,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,617 | €7,623 | -€27,994 | -78.6% |
| Provisions and deferred taxes | 16 | €37,399 | €33,892 | -€3,507 | -9.4% |
| Provisions for liabilities and charges | 160/5 | €37,399 | €33,892 | -€3,507 | -9.4% |
| Other liabilities and charges | 164/5 | €37,399 | €33,892 | -€3,507 | -9.4% |
| Amounts payable | 17/49 | €68,070 | €53,206 | -€14,864 | -21.8% |
| Amounts payable after more than one year | 17 | €43,657 | €29,679 | -€13,978 | -32.0% |
| Financial debts | 170/4 | €43,657 | €29,679 | -€13,978 | -32.0% |
| Amounts payable within one year | 42/48 | €23,326 | €22,429 | -€897 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €12,994 | €13,978 | +€984 | +7.6% |
| Trade debts | 44 | €3,098 | €3,677 | +€579 | +18.7% |
| Suppliers | 440/4 | €3,098 | €3,677 | +€579 | +18.7% |
| Taxes, remuneration and social security | 45 | €7,234 | €4,774 | -€2,460 | -34.0% |
| Taxes | 450/3 | €7,234 | €4,774 | -€2,460 | -34.0% |
| Accrued charges and deferred income | 492/3 | €1,087 | €1,098 | +€11 | +1.0% |
| Non-recurring operating income | 76A | €73,426 | - | -€73,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,032 | €38,883 | +€2,851 | +7.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,488 | -€3,507 | -€1,018 | -40.9% |
| Other operating charges | 640/8 | €1,626 | €2,705 | +€1,079 | +66.4% |
| Gross operating margin | 9900 | €136,214 | €61,781 | -€74,433 | -54.6% |
| Operating profit (loss) | 9901 | €101,045 | €23,701 | -€77,344 | -76.5% |
| Financial income | 75/76B | €2,209 | €114 | -€2,094 | -94.8% |
| Recurring financial income | 75 | €2,209 | €114 | -€2,094 | -94.8% |
| Financial charges | 65/66B | €45,640 | €51,452 | +€5,812 | +12.7% |
| Recurring financial charges | 65 | €45,640 | €51,452 | +€5,812 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €57,613 | -€27,637 | -€85,251 | |
| Income taxes | 67/77 | €16,382 | €357 | -€16,025 | -97.8% |
| Profit (loss) for the period | 9904 | €41,232 | -€27,994 | -€69,226 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,232 | -€27,994 | -€69,226 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.