CLARYS: 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.
CLARYS
Largest movements
- Cash -€92,230
down €92,230 (-33.0%), from €279,841 to €187,611
mainly Other debts (-€90,719) and Contributions, distributions and other (-€62,000)
- Tangible fixed assets -€55,782
down €55,782 (-34.8%), from €160,221 to €104,440
of which Plant, machinery and equipment: -€37,336
- Receivables within one year -€37,067
down €37,067 (-20.2%), from €183,746 to €146,679
of which Trade receivables: -€47,909
- Other debts -€90,719
down €90,719 (-91.6%), from €99,028 to €8,309
- Debts after one year -€40,423
down €40,423 (-48.9%), from €82,698 to €42,275
- Reserves -€39,226
down €39,226 (-9.1%), from €430,501 to €391,275
- Trade debts +€21,697
up €21,697 (+78.4%), from €27,677 to €49,375
- Tax, wage and social debts -€18,756
down €18,756 (-60.5%), from €30,988 to €12,232
of which Remuneration and social security: -€16,163
- Gross operating margin -€61,363
down €61,363 (-19.6%), from €312,935 to €251,573
- Depreciation -€30,018
down €30,018 (-35.0%), from €85,800 to €55,782
- Staff costs +€16,585
up €16,585 (+11.6%), from €142,915 to €159,500
- Taxes -€13,673
down €13,673 (-59.8%), from €22,863 to €9,190
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 | €739,831 | €562,888 | -€176,943 | -23.9% |
| Fixed assets | 21/28 | €160,221 | €104,575 | -€55,647 | -34.7% |
| Tangible fixed assets | 22/27 | €160,221 | €104,440 | -€55,782 | -34.8% |
| Land and buildings | 22 | €47,727 | €30,527 | -€17,200 | -36.0% |
| Plant, machinery and equipment | 23 | €109,896 | €72,560 | -€37,336 | -34.0% |
| Furniture and vehicles | 24 | €2,598 | €1,352 | -€1,246 | -48.0% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €579,610 | €458,314 | -€121,296 | -20.9% |
| Stocks and contracts in progress | 3 | €105,812 | €108,448 | +€2,636 | +2.5% |
| Stocks | 30/36 | €105,812 | €108,448 | +€2,636 | +2.5% |
| Amounts receivable within one year | 40/41 | €183,746 | €146,679 | -€37,067 | -20.2% |
| Trade receivables | 40 | €182,618 | €134,709 | -€47,909 | -26.2% |
| Other amounts receivable | 41 | €1,128 | €11,969 | +€10,841 | +961.0% |
| Cash at bank and in hand | 54/58 | €279,841 | €187,611 | -€92,230 | -33.0% |
| Deferred charges and accrued income | 490/1 | €10,212 | €15,576 | +€5,365 | +52.5% |
| Total equity and liabilities | 10/49 | €739,831 | €562,888 | -€176,943 | -23.9% |
| Equity | 10/15 | €449,501 | €410,275 | -€39,226 | -8.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €430,501 | €391,275 | -€39,226 | -9.1% |
| Distributable reserves | 133 | €430,501 | €391,275 | -€39,226 | -9.1% |
| Amounts payable | 17/49 | €290,330 | €152,614 | -€137,717 | -47.4% |
| Amounts payable after more than one year | 17 | €82,698 | €42,275 | -€40,423 | -48.9% |
| Financial debts | 170/4 | €82,698 | €42,275 | -€40,423 | -48.9% |
| Amounts payable within one year | 42/48 | €206,783 | €110,338 | -€96,445 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €49,090 | €40,423 | -€8,666 | -17.7% |
| Trade debts | 44 | €27,677 | €49,375 | +€21,697 | +78.4% |
| Suppliers | 440/4 | €27,677 | €49,375 | +€21,697 | +78.4% |
| Taxes, remuneration and social security | 45 | €30,988 | €12,232 | -€18,756 | -60.5% |
| Taxes | 450/3 | €14,198 | €11,605 | -€2,593 | -18.3% |
| Remuneration and social security | 454/9 | €16,790 | €626 | -€16,163 | -96.3% |
| Other amounts payable | 47/48 | €99,028 | €8,309 | -€90,719 | -91.6% |
| Accrued charges and deferred income | 492/3 | €849 | - | -€849 | |
| Remuneration, social security and pensions | 62 | €142,915 | €159,500 | +€16,585 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,800 | €55,782 | -€30,018 | -35.0% |
| Other operating charges | 640/8 | €1,534 | €1,809 | +€276 | +18.0% |
| Gross operating margin | 9900 | €312,935 | €251,573 | -€61,363 | -19.6% |
| Operating profit (loss) | 9901 | €82,687 | €34,482 | -€48,205 | -58.3% |
| Financial income | 75/76B | €4,443 | €4,260 | -€183 | -4.1% |
| Recurring financial income | 75 | €4,443 | €4,260 | -€183 | -4.1% |
| Financial charges | 65/66B | €8,014 | €6,778 | -€1,236 | -15.4% |
| Recurring financial charges | 65 | €8,014 | €6,778 | -€1,236 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €79,116 | €31,964 | -€47,152 | -59.6% |
| Income taxes | 67/77 | €22,863 | €9,190 | -€13,673 | -59.8% |
| Profit (loss) for the period | 9904 | €56,253 | €22,774 | -€33,479 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,253 | €22,774 | -€33,479 | -59.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.