CLAROY: 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.
CLAROY
Largest movements
- Cash -€21,747
down €21,747 (-30.6%), from €71,075 to €49,329
mainly Net result for the year (-€24,770) and Tax, wage and social debts (-€6,331)
- Tangible fixed assets -€21,079
down €21,079 (-25.9%), from €81,333 to €60,254
of which Furniture and vehicles: -€17,799
- Profit (loss) carried forward -€24,770
down €24,770 (-17.3%), from €143,204 to €118,434
- Tax, wage and social debts -€6,331
down €6,331 (-34.4%), from €18,399 to €12,068
of which Taxes: -€5,331
- Gross operating margin -€55,890
down €55,890, from €46,909 to -€8,981
- Taxes -€8,682
down €8,682 (-96.1%), from €9,037 to €355
- Financial income +€2,751
up €2,751 (+35.3%), from €7,784 to €10,535
- Depreciation -€1,444
down €1,444 (-5.9%), from €24,513 to €23,069
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 | €571,675 | €538,856 | -€32,819 | -5.7% |
| Fixed assets | 21/28 | €81,333 | €60,254 | -€21,079 | -25.9% |
| Tangible fixed assets | 22/27 | €81,333 | €60,254 | -€21,079 | -25.9% |
| Land and buildings | 22 | €4,738 | €3,301 | -€1,437 | -30.3% |
| Plant, machinery and equipment | 23 | €12,608 | €10,764 | -€1,844 | -14.6% |
| Furniture and vehicles | 24 | €63,987 | €46,188 | -€17,799 | -27.8% |
| Current assets | 29/58 | €490,341 | €478,601 | -€11,740 | -2.4% |
| Amounts receivable within one year | 40/41 | €60,078 | €64,742 | +€4,664 | +7.8% |
| Trade receivables | 40 | €47,673 | €35,675 | -€11,998 | -25.2% |
| Other amounts receivable | 41 | €12,405 | €29,067 | +€16,662 | +134.3% |
| Current investments | 50/53 | €355,449 | €360,653 | +€5,204 | +1.5% |
| Cash at bank and in hand | 54/58 | €71,075 | €49,329 | -€21,747 | -30.6% |
| Deferred charges and accrued income | 490/1 | €3,739 | €3,878 | +€139 | +3.7% |
| Total equity and liabilities | 10/49 | €571,675 | €538,856 | -€32,819 | -5.7% |
| Equity | 10/15 | €538,296 | €513,526 | -€24,770 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €376,492 | €376,492 | = | 0.0% |
| Tax-exempt reserves | 132 | €162,108 | €162,108 | = | 0.0% |
| Distributable reserves | 133 | €214,384 | €214,384 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,204 | €118,434 | -€24,770 | -17.3% |
| Amounts payable | 17/49 | €33,379 | €25,330 | -€8,049 | -24.1% |
| Amounts payable within one year | 42/48 | €32,595 | €24,425 | -€8,170 | -25.1% |
| Trade debts | 44 | €14,196 | €12,357 | -€1,839 | -13.0% |
| Suppliers | 440/4 | €14,196 | €12,357 | -€1,839 | -13.0% |
| Taxes, remuneration and social security | 45 | €18,399 | €12,068 | -€6,331 | -34.4% |
| Taxes | 450/3 | €12,399 | €7,068 | -€5,331 | -43.0% |
| Remuneration and social security | 454/9 | €6,000 | €5,000 | -€1,000 | -16.7% |
| Accrued charges and deferred income | 492/3 | €784 | €905 | +€121 | +15.4% |
| Non-recurring operating income | 76A | €4,500 | €4,000 | -€500 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,513 | €23,069 | -€1,444 | -5.9% |
| Other operating charges | 640/8 | €2,541 | €2,716 | +€175 | +6.9% |
| Gross operating margin | 9900 | €46,909 | -€8,981 | -€55,890 | |
| Operating profit (loss) | 9901 | €19,855 | -€34,766 | -€54,621 | |
| Financial income | 75/76B | €7,784 | €10,535 | +€2,751 | +35.3% |
| Recurring financial income | 75 | €7,784 | €10,535 | +€2,751 | +35.3% |
| Financial charges | 65/66B | €193 | €184 | -€9 | -4.6% |
| Recurring financial charges | 65 | €193 | €184 | -€9 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €27,446 | -€24,415 | -€51,861 | |
| Income taxes | 67/77 | €9,037 | €355 | -€8,682 | -96.1% |
| Profit (loss) for the period | 9904 | €18,409 | -€24,770 | -€43,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,409 | -€24,770 | -€43,179 |
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 11 October 2026 via checked.be.