Clasimco: 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.
Clasimco
Largest movements
- Cash +€496,231
up €496,231 (+67.1%), from €740,050 to €1.2m
mainly Net result for the year (+€1.1m) and Depreciation (+€63,703)
- Current investments +€388,392
up €388,392 (+7.0%), from €5.5m to €5.9m
- Reserves +€1.1m
up €1.1m (+18.1%), from €5.9m to €7.0m
of which Non-distributable reserves: +€1.1m
- Other debts -€125,396
down €125,396 (-42.7%), from €293,807 to €168,411
- Tax, wage and social debts -€117,934
down €117,934 (-44.4%), from €265,776 to €147,842
- Gross operating margin -€714,194
down €714,194 (-31.8%), from €2.2m to €1.5m
- Taxes -€212,733
down €212,733 (-29.9%), from €710,989 to €498,256
- Financial income +€39,874
up €39,874 (+39.3%), from €101,537 to €141,411
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 | €6,522,870 | €7,348,658 | +€825,788 | +12.7% |
| Fixed assets | 21/28 | €228,175 | €168,342 | -€59,833 | -26.2% |
| Tangible fixed assets | 22/27 | €108,175 | €48,342 | -€59,833 | -55.3% |
| Land and buildings | 22 | €94,135 | €34,926 | -€59,209 | -62.9% |
| Plant, machinery and equipment | 23 | €3,070 | €2,181 | -€889 | -28.9% |
| Furniture and vehicles | 24 | €10,970 | €11,234 | +€264 | +2.4% |
| Financial fixed assets | 28 | €120,000 | €120,000 | = | 0.0% |
| Current assets | 29/58 | €6,294,696 | €7,180,316 | +€885,621 | +14.1% |
| Amounts receivable within one year | 40/41 | €949 | €1,423 | +€474 | +49.9% |
| Trade receivables | 40 | €561 | - | -€561 | |
| Other amounts receivable | 41 | €388 | €1,423 | +€1,035 | +267% |
| Current investments | 50/53 | €5,547,875 | €5,936,267 | +€388,392 | +7.0% |
| Cash at bank and in hand | 54/58 | €740,050 | €1,236,281 | +€496,231 | +67.1% |
| Deferred charges and accrued income | 490/1 | €5,822 | €6,346 | +€524 | +9.0% |
| Total equity and liabilities | 10/49 | €6,522,870 | €7,348,658 | +€825,788 | +12.7% |
| Equity | 10/15 | €5,930,765 | €7,001,279 | +€1.1m | +18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,917,419 | €6,987,933 | +€1.1m | +18.1% |
| Non-distributable reserves | 130/1 | €5,915,750 | €6,986,264 | +€1.1m | +18.1% |
| Reserves not available under the articles | 1311 | €77,550 | €77,550 | = | 0.0% |
| Other | 1319 | €5,838,200 | €6,908,714 | +€1.1m | +18.3% |
| Tax-exempt reserves | 132 | €1,669 | €1,669 | = | 0.0% |
| Profit (loss) carried forward | 14 | €947 | €947 | = | 0.0% |
| Amounts payable | 17/49 | €592,105 | €347,379 | -€244,726 | -41.3% |
| Amounts payable within one year | 42/48 | €565,251 | €328,811 | -€236,440 | -41.8% |
| Trade debts | 44 | €5,668 | €12,558 | +€6,890 | +122% |
| Suppliers | 440/4 | €5,668 | €12,558 | +€6,890 | +122% |
| Taxes, remuneration and social security | 45 | €265,776 | €147,842 | -€117,934 | -44.4% |
| Taxes | 450/3 | €265,776 | €147,842 | -€117,934 | -44.4% |
| Other amounts payable | 47/48 | €293,807 | €168,411 | -€125,396 | -42.7% |
| Accrued charges and deferred income | 492/3 | €26,854 | €18,567 | -€8,286 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,616 | €63,703 | -€2,913 | -4.4% |
| Other operating charges | 640/8 | €4,158 | €4,884 | +€726 | +17.5% |
| Non-recurring operating charges | 66A | €486 | €248 | -€238 | -49.1% |
| Gross operating margin | 9900 | €2,244,453 | €1,530,260 | -€714,194 | -31.8% |
| Operating profit (loss) | 9901 | €2,173,194 | €1,461,426 | -€711,768 | -32.8% |
| Financial income | 75/76B | €101,537 | €141,411 | +€39,874 | +39.3% |
| Recurring financial income | 75 | €101,537 | €141,411 | +€39,874 | +39.3% |
| Financial charges | 65/66B | €32,657 | €34,066 | +€1,409 | +4.3% |
| Recurring financial charges | 65 | €32,657 | €34,066 | +€1,409 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €2,242,074 | €1,568,770 | -€673,303 | -30.0% |
| Income taxes | 67/77 | €710,989 | €498,256 | -€212,733 | -29.9% |
| Profit (loss) for the period | 9904 | €1,531,085 | €1,070,514 | -€460,570 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,531,085 | €1,070,514 | -€460,570 | -30.1% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.