Claroe: 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.
What changed
Claroe
NACE 47.721, Retail sale of footwear
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€108,460
2024 · €101,006+€7,454
Equity
€330,851
2024 · €247,391+€83,460
Cash
€194,630
2024 · €160,003+€34,627
Balance sheet total
€1.8m
2024 · €1.8m+€8,001
Largest movements
Assets
- Cash +€34,627
up €34,627 (+21.6%), from €160,003 to €194,630
mainly Net result for the year (+€108,460) and Depreciation (+€57,259)
Equity and liabilities
- Profit (loss) carried forward +€83,460
up €83,460 (+36.8%), from €226,931 to €310,391
- Debts after one year -€79,237
down €79,237 (-5.7%), from €1.4m to €1.3m
Income statement
- Gross operating margin +€11,566
up €11,566 (+4.7%), from €244,170 to €255,736
- Financial charges +€2,593
up €2,593 (+56.4%), from €4,594 to €7,187
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.
Result 2024
€101,006
Gross operating margin
+€11,566
Staff costs
-€1,717
Depreciation
-€489
Other operating charges
+€23
Financial income
-€1,742
Financial charges
-€2,593
Taxes
+€2,406
Result 2025
€108,460
raises the resultlowers the result
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.
From operations
+€212,724
Investment
-€73,860
Financing
-€104,237
Cash 2024
€160,003
From operations (derived)
+€212,724
Net result for the year
+€108,460
Depreciation
+€57,259
Stocks and contracts
+€16,928
Receivables within one year
+€8,770
Deferred charges and accrued income
+€17,529
Trade debts
-€4,011
Tax, wage and social debts
+€7,704
Smaller working-capital items
+€85
Investment (derived)
-€73,860
Investment in fixed assets (net)
-€73,860
Financing
-€104,237
Debts after one year
-€79,237
Contributions, distributions and other
-€25,000
Cash 2025
€194,630
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,762,760 | €1,770,761 | +€8,001 | +0.5% |
| Fixed assets | 21/28 | €1,425,275 | €1,441,876 | +€16,601 | +1.2% |
| Tangible fixed assets | 22/27 | €1,425,158 | €1,441,759 | +€16,601 | +1.2% |
| Land and buildings | 22 | €1,387,906 | €1,411,012 | +€23,106 | +1.7% |
| Plant, machinery and equipment | 23 | €4,846 | €2,184 | -€2,662 | -54.9% |
| Furniture and vehicles | 24 | €32,406 | €28,563 | -€3,843 | -11.9% |
| Financial fixed assets | 28 | €117 | €117 | = | 0.0% |
| Current assets | 29/58 | €337,485 | €328,885 | -€8,600 | -2.5% |
| Stocks and contracts in progress | 3 | €114,822 | €97,894 | -€16,928 | -14.7% |
| Stocks | 30/36 | €114,822 | €97,894 | -€16,928 | -14.7% |
| Amounts receivable within one year | 40/41 | €41,347 | €32,577 | -€8,770 | -21.2% |
| Trade receivables | 40 | €11,015 | €150 | -€10,865 | -98.6% |
| Other amounts receivable | 41 | €30,332 | €32,427 | +€2,095 | +6.9% |
| Cash at bank and in hand | 54/58 | €160,003 | €194,630 | +€34,627 | +21.6% |
| Deferred charges and accrued income | 490/1 | €21,313 | €3,784 | -€17,529 | -82.2% |
| Total equity and liabilities | 10/49 | €1,762,760 | €1,770,761 | +€8,001 | +0.5% |
| Equity | 10/15 | €247,391 | €330,851 | +€83,460 | +33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €226,931 | €310,391 | +€83,460 | +36.8% |
| Amounts payable | 17/49 | €1,515,369 | €1,439,910 | -€75,459 | -5.0% |
| Amounts payable after more than one year | 17 | €1,385,744 | €1,306,507 | -€79,237 | -5.7% |
| Financial debts | 170/4 | €1,385,744 | €1,306,507 | -€79,237 | -5.7% |
| Amounts payable within one year | 42/48 | €129,625 | €133,281 | +€3,656 | +2.8% |
| Trade debts | 44 | €47,665 | €43,654 | -€4,011 | -8.4% |
| Suppliers | 440/4 | €47,665 | €43,654 | -€4,011 | -8.4% |
| Taxes, remuneration and social security | 45 | €52,077 | €59,781 | +€7,704 | +14.8% |
| Taxes | 450/3 | €52,077 | €55,610 | +€3,533 | +6.8% |
| Remuneration and social security | 454/9 | - | €4,171 | +€4,171 | |
| Other amounts payable | 47/48 | €29,883 | €29,846 | -€37 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Remuneration, social security and pensions | 62 | €48,167 | €49,884 | +€1,717 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,770 | €57,259 | +€489 | +0.9% |
| Other operating charges | 640/8 | €8,611 | €8,588 | -€23 | -0.3% |
| Gross operating margin | 9900 | €244,170 | €255,736 | +€11,566 | +4.7% |
| Operating profit (loss) | 9901 | €130,622 | €140,005 | +€9,383 | +7.2% |
| Financial income | 75/76B | €4,957 | €3,215 | -€1,742 | -35.1% |
| Recurring financial income | 75 | €4,957 | €3,215 | -€1,742 | -35.1% |
| Financial charges | 65/66B | €4,594 | €7,187 | +€2,593 | +56.4% |
| Recurring financial charges | 65 | €4,594 | €7,187 | +€2,593 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €130,985 | €136,033 | +€5,048 | +3.9% |
| Income taxes | 67/77 | €29,979 | €27,573 | -€2,406 | -8.0% |
| Profit (loss) for the period | 9904 | €101,006 | €108,460 | +€7,454 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €101,006 | €108,460 | +€7,454 | +7.4% |
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 16 October 2026 via checked.be.