CLARONZA: 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.
CLARONZA
Largest movements
- Tangible fixed assets +€39,805
up €39,805 (+128.7%), from €30,937 to €70,742
of which Furniture and vehicles: +€65,191
- Current investments -€17,215
down €17,215 (-11.6%), from €147,998 to €130,783
- Cash +€3,504
up €3,504 (+695.3%), from €504 to €4,008
mainly Debts after one year (+€60,052) and Net result for the year (+€41,538)
- Debts after one year +€60,052
up €60,052 (+600.5%), from €10,000 to €70,052
of which Other amounts payable: +€60,052
- Reserves -€22,387
down €22,387 (-12.9%), from €172,911 to €150,524
- Current portion of long-term debt -€12,644
no longer reported in 2025 (was €12,644)
- Other debts +€6,606
up €6,606 (+168.1%), from €3,930 to €10,535
- Trade debts -€5,182
down €5,182 (-48.9%), from €10,602 to €5,420
- Depreciation -€12,843
down €12,843 (-69.7%), from €18,438 to €5,595
- Taxes +€6,415
up €6,415 (+39.1%), from €16,399 to €22,815
- Gross operating margin +€5,045
up €5,045 (+7.5%), from €67,307 to €72,352
- Financial income +€835
up €835 (+197.6%), from €423 to €1,258
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 | €230,763 | €255,251 | +€24,488 | +10.6% |
| Fixed assets | 21/28 | €30,937 | €70,742 | +€39,805 | +128.7% |
| Tangible fixed assets | 22/27 | €30,937 | €70,742 | +€39,805 | +128.7% |
| Plant, machinery and equipment | 23 | €2,396 | €1,609 | -€787 | -32.8% |
| Furniture and vehicles | 24 | €3,941 | €69,133 | +€65,191 | +1654.0% |
| Leasing and similar rights | 25 | €24,600 | - | -€24,600 | |
| Current assets | 29/58 | €199,826 | €184,509 | -€15,317 | -7.7% |
| Amounts receivable within one year | 40/41 | €49,092 | €46,628 | -€2,464 | -5.0% |
| Trade receivables | 40 | €47,024 | €39,682 | -€7,342 | -15.6% |
| Other amounts receivable | 41 | €2,068 | €6,946 | +€4,879 | +236.0% |
| Current investments | 50/53 | €147,998 | €130,783 | -€17,215 | -11.6% |
| Cash at bank and in hand | 54/58 | €504 | €4,008 | +€3,504 | +695.3% |
| Deferred charges and accrued income | 490/1 | €2,232 | €3,090 | +€858 | +38.5% |
| Total equity and liabilities | 10/49 | €230,763 | €255,251 | +€24,488 | +10.6% |
| Equity | 10/15 | €185,957 | €163,570 | -€22,387 | -12.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €172,911 | €150,524 | -€22,387 | -12.9% |
| Distributable reserves | 133 | €172,911 | €150,524 | -€22,387 | -12.9% |
| Profit (loss) carried forward | 14 | €646 | €646 | = | 0.0% |
| Amounts payable | 17/49 | €44,806 | €91,681 | +€46,875 | +104.6% |
| Amounts payable after more than one year | 17 | €10,000 | €70,052 | +€60,052 | +600.5% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | - | €60,052 | +€60,052 | |
| Amounts payable within one year | 42/48 | €34,806 | €21,629 | -€13,177 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €12,644 | - | -€12,644 | |
| Trade debts | 44 | €10,602 | €5,420 | -€5,182 | -48.9% |
| Suppliers | 440/4 | €10,602 | €5,420 | -€5,182 | -48.9% |
| Taxes, remuneration and social security | 45 | €7,631 | €5,674 | -€1,957 | -25.6% |
| Taxes | 450/3 | €7,631 | €5,674 | -€1,957 | -25.6% |
| Other amounts payable | 47/48 | €3,930 | €10,535 | +€6,606 | +168.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,438 | €5,595 | -€12,843 | -69.7% |
| Other operating charges | 640/8 | €1,507 | €1,000 | -€507 | -33.7% |
| Non-recurring operating charges | 66A | - | €505 | +€505 | |
| Gross operating margin | 9900 | €67,307 | €72,352 | +€5,045 | +7.5% |
| Operating profit (loss) | 9901 | €47,362 | €65,251 | +€17,890 | +37.8% |
| Financial income | 75/76B | €423 | €1,258 | +€835 | +197.6% |
| Recurring financial income | 75 | €423 | €1,258 | +€835 | +197.6% |
| Financial charges | 65/66B | €1,602 | €2,156 | +€554 | +34.6% |
| Recurring financial charges | 65 | €1,602 | €2,156 | +€554 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €46,182 | €64,353 | +€18,171 | +39.3% |
| Income taxes | 67/77 | €16,399 | €22,815 | +€6,415 | +39.1% |
| Profit (loss) for the period | 9904 | €29,783 | €41,538 | +€11,755 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,783 | €41,538 | +€11,755 | +39.5% |
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.