CLASSANIC: 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.
What changed
CLASSANIC
NACE 31.002, Manufacture of furniture
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€254,242
2023 · €103,872+€150,371
Equity
€1.7m
2023 · €1.6m+€154,242
Cash
€71,151
2023 · €23,926+€47,225
Balance sheet total
€5.5m
2023 · €5.0m+€468,392
Largest movements
Assets
- Tangible fixed assets +€350,300
up €350,300 (+7.6%), from €4.6m to €5.0m
of which Land and buildings: +€347,243
- Receivables within one year +€67,281
up €67,281 (+23.5%), from €285,789 to €353,070
Equity and liabilities
- Reserves +€154,242
up €154,242 (+10.7%), from €1.4m to €1.6m
of which Distributable reserves: +€200,016
- Trade debts +€153,497
up €153,497 (+97.3%), from €157,801 to €311,298
- Tax, wage and social debts +€124,956
up €124,956 (+155.8%), from €80,187 to €205,143
of which Taxes: +€132,096
Income statement
- Gross operating margin +€223,679
up €223,679 (+40.6%), from €550,873 to €774,552
- Taxes +€75,912
up €75,912 (+307.9%), from €24,651 to €100,563
- Staff costs -€23,905
down €23,905 (-17.6%), from €135,837 to €111,932
- Depreciation +€22,792
up €22,792 (+13.0%), from €175,281 to €198,072
From the 2023 result to the 2024 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 2023
€103,872
Gross operating margin
+€223,679
Staff costs
+€23,905
Depreciation
-€22,792
Other operating charges
+€1,024
Financial income
+€78
Financial charges
+€389
Taxes
-€75,912
Result 2024
€254,242
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€653,804
Investment
-€548,372
Financing
-€58,207
Cash 2023
€23,926
From operations (derived)
+€653,804
Net result for the year
+€254,242
Depreciation
+€198,072
Receivables within one year
-€67,281
Deferred charges and accrued income
-€3,586
Provisions
-€19,227
Trade debts
+€153,497
Tax, wage and social debts
+€124,956
Other debts
+€36,499
Accrued charges and deferred income
-€23,368
Investment (derived)
-€548,372
Investment in fixed assets (net)
-€548,372
Financing
-€58,207
Debts after one year
+€33,142
Current portion of long-term debt
+€8,651
Contributions, distributions and other
-€100,000
Cash 2024
€71,151
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,996,139 | €5,464,530 | +€468,392 | +9.4% |
| Fixed assets | 21/28 | €4,637,372 | €4,987,672 | +€350,300 | +7.6% |
| Tangible fixed assets | 22/27 | €4,637,188 | €4,987,488 | +€350,300 | +7.6% |
| Land and buildings | 22 | €3,748,829 | €4,096,072 | +€347,243 | +9.3% |
| Plant, machinery and equipment | 23 | €677 | €9,166 | +€8,490 | +1254.7% |
| Furniture and vehicles | 24 | €6,860 | €1,428 | -€5,432 | -79.2% |
| Other tangible fixed assets | 26 | €880,822 | €880,822 | = | 0.0% |
| Financial fixed assets | 28 | €184 | €184 | = | 0.0% |
| Current assets | 29/58 | €358,767 | €476,859 | +€118,092 | +32.9% |
| Amounts receivable within one year | 40/41 | €285,789 | €353,070 | +€67,281 | +23.5% |
| Trade receivables | 40 | €285,789 | €353,070 | +€67,281 | +23.5% |
| Cash at bank and in hand | 54/58 | €23,926 | €71,151 | +€47,225 | +197.4% |
| Deferred charges and accrued income | 490/1 | €49,052 | €52,638 | +€3,586 | +7.3% |
| Total equity and liabilities | 10/49 | €4,996,139 | €5,464,530 | +€468,392 | +9.4% |
| Equity | 10/15 | €1,595,574 | €1,749,816 | +€154,242 | +9.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,442,384 | €1,596,626 | +€154,242 | +10.7% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €912,684 | €866,910 | -€45,774 | -5.0% |
| Distributable reserves | 133 | €514,700 | €714,716 | +€200,016 | +38.9% |
| Profit (loss) carried forward | 14 | €3,190 | €3,190 | = | 0.0% |
| Provisions and deferred taxes | 16 | €383,374 | €364,146 | -€19,227 | -5.0% |
| Deferred taxes | 168 | €383,374 | €364,146 | -€19,227 | -5.0% |
| Amounts payable | 17/49 | €3,017,191 | €3,350,568 | +€333,377 | +11.0% |
| Amounts payable after more than one year | 17 | €1,637,103 | €1,670,245 | +€33,142 | +2.0% |
| Financial debts | 170/4 | €1,637,103 | €1,670,245 | +€33,142 | +2.0% |
| Amounts payable within one year | 42/48 | €1,321,063 | €1,644,666 | +€323,603 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €210,990 | €219,641 | +€8,651 | +4.1% |
| Trade debts | 44 | €157,801 | €311,298 | +€153,497 | +97.3% |
| Suppliers | 440/4 | €157,801 | €311,298 | +€153,497 | +97.3% |
| Taxes, remuneration and social security | 45 | €80,187 | €205,143 | +€124,956 | +155.8% |
| Taxes | 450/3 | €64,254 | €196,350 | +€132,096 | +205.6% |
| Remuneration and social security | 454/9 | €15,933 | €8,793 | -€7,140 | -44.8% |
| Other amounts payable | 47/48 | €872,085 | €908,584 | +€36,499 | +4.2% |
| Accrued charges and deferred income | 492/3 | €59,025 | €35,657 | -€23,368 | -39.6% |
| Non-recurring operating income | 76A | - | €13,527 | +€13,527 | |
| Remuneration, social security and pensions | 62 | €135,837 | €111,932 | -€23,905 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,281 | €198,072 | +€22,792 | +13.0% |
| Other operating charges | 640/8 | €47,019 | €45,995 | -€1,024 | -2.2% |
| Gross operating margin | 9900 | €550,873 | €774,552 | +€223,679 | +40.6% |
| Operating profit (loss) | 9901 | €192,737 | €418,553 | +€225,816 | +117.2% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €83,442 | €83,053 | -€389 | -0.5% |
| Recurring financial charges | 65 | €83,442 | €83,053 | -€389 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €109,295 | €335,578 | +€226,283 | +207.0% |
| Transfer from deferred taxes | 780 | €19,227 | €19,227 | = | 0.0% |
| Income taxes | 67/77 | €24,651 | €100,563 | +€75,912 | +307.9% |
| Profit (loss) for the period | 9904 | €103,872 | €254,242 | +€150,371 | +144.8% |
| Transfer from tax-exempt reserves | 789 | €45,774 | €45,774 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €149,646 | €300,016 | +€150,371 | +100.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.