Classo Technology Group: what changed
What changed
Classo Technology Group
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€340,184
31-12-2024 · -€514,252+€174,068
Equity
€1.8m
31-12-2024 · €2.1m-€279,418
Cash
€2.0m
31-12-2024 · €1.7m+€331,152
Balance sheet total
€22.9m
31-12-2024 · €21.1m+€1.8m
Largest movements
Assets
- Financial fixed assets +€1.6m
up €1.6m (+8.6%), from €18.5m to €20.1m
- Cash +€331,152
up €331,152 (+19.8%), from €1.7m to €2.0m
mainly Trade debts (+€831,113) and Debts after one year (+€696,803)
Equity and liabilities
- Trade debts +€831,113
up €831,113 (+461%), from €180,121 to €1.0m
- Debts after one year +€696,803
up €696,803 (+6.7%), from €10.3m to €11.0m
- Other debts +€460,854
up €460,854 (+6.7%), from €6.9m to €7.4m
- Profit (loss) carried forward -€340,184
down €340,184 (-593%), from -€57,344 to -€397,528
Income statement
- Turnover +€2.8m
new in 2025: €2.8m
- Services and other goods +€2.0m
new in 2025: €2.0m
- Financial income -€255,297
down €255,297 (-56.6%), from €451,121 to €195,824
- Financial charges +€210,215
up €210,215 (+21.7%), from €968,788 to €1.2m
- Gross operating margin -€179,025
no longer reported in 2025 (was €179,025)
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2024
-€514,252
Turnover
+€2.8m
Other operating income
+€1,396
Services and other goods
-€2.0m
Staff costs
+€36,517
Depreciation
-€9,963
Other operating charges
-€142
Other operating items
-€168,331
Financial income
-€255,297
Financial charges
-€210,215
Taxes
+€477
Result 31-12-2025
-€340,184
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.3m
Investment
-€1.6m
Financing
+€615,625
Cash 31-12-2024
€1.7m
From operations (derived)
+€1.3m
Net result for the year
-€340,184
Depreciation
+€52,079
Receivables within one year
+€166,570
Deferred charges and accrued income
-€33,490
Trade debts
+€831,113
Tax, wage and social debts
-€2,362
Other debts
+€460,854
Accrued charges and deferred income
+€209,304
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Financing
+€615,625
Debts after one year
+€696,803
Current portion of long-term debt
-€133,920
Short-term financial debts
-€8,024
Contributions, distributions and other
+€60,766
Cash 31-12-2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,120,090 | €22,894,440 | +€1.8m | +8.4% |
| Formation expenses | 20 | €183 | €0 | -€183 | -100% |
| Fixed assets | 21/28 | €18,614,278 | €20,190,738 | +€1.6m | +8.5% |
| Intangible fixed assets | 21 | €145,681 | €123,809 | -€21,872 | -15.0% |
| Tangible fixed assets | 22/27 | €0 | €1,173 | +€1,173 | |
| Furniture and vehicles | 24 | €0 | €1,173 | +€1,173 | |
| Financial fixed assets | 28 | €18,468,598 | €20,065,757 | +€1.6m | +8.6% |
| Affiliated companies | 280/1 | - | €20,065,757 | +€20.1m | |
| Participating interests | 280 | - | €18,228,598 | +€18.2m | |
| Amounts receivable | 281 | - | €1,837,159 | +€1.8m | |
| Current assets | 29/58 | €2,505,629 | €2,703,702 | +€198,073 | +7.9% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €806,860 | €640,291 | -€166,570 | -20.6% |
| Trade receivables | 40 | €286,966 | €626,310 | +€339,344 | +118% |
| Other amounts receivable | 41 | €519,894 | €13,981 | -€505,914 | -97.3% |
| Cash at bank and in hand | 54/58 | €1,670,757 | €2,001,909 | +€331,152 | +19.8% |
| Deferred charges and accrued income | 490/1 | €28,012 | €61,502 | +€33,490 | +120% |
| Total equity and liabilities | 10/49 | €21,120,090 | €22,894,440 | +€1.8m | +8.4% |
| Equity | 10/15 | €2,121,535 | €1,842,118 | -€279,418 | -13.2% |
| Contributions | 10/11 | €2,136,603 | €2,197,369 | +€60,766 | +2.8% |
| Reserves | 13 | €42,277 | €42,277 | = | 0.0% |
| Distributable reserves | 133 | €42,277 | €42,277 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,344 | -€397,528 | -€340,184 | -593% |
| Amounts payable | 17/49 | €18,998,555 | €21,052,322 | +€2.1m | +10.8% |
| Amounts payable after more than one year | 17 | €10,326,638 | €11,023,440 | +€696,803 | +6.7% |
| Financial debts | 170/4 | €10,326,638 | €11,023,440 | +€696,803 | +6.7% |
| Subordinated loans | 170 | - | €2,170,375 | +€2.2m | |
| Credit institutions | 173 | - | €0 | = | |
| Other loans | 174 | - | €8,853,065 | +€8.9m | |
| Amounts payable within one year | 42/48 | €8,558,177 | €9,705,838 | +€1.1m | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €1,461,333 | €1,327,413 | -€133,920 | -9.2% |
| Financial debts | 43 | €8,024 | €0 | -€8,024 | -100% |
| Credit institutions | 430/8 | €8,024 | €0 | -€8,024 | -100% |
| Trade debts | 44 | €180,121 | €1,011,235 | +€831,113 | +461% |
| Suppliers | 440/4 | €180,121 | €1,011,235 | +€831,113 | +461% |
| Taxes, remuneration and social security | 45 | €11,805 | €9,442 | -€2,362 | -20.0% |
| Taxes | 450/3 | €2,265 | €1,650 | -€616 | -27.2% |
| Remuneration and social security | 454/9 | €9,539 | €7,793 | -€1,747 | -18.3% |
| Other amounts payable | 47/48 | €6,896,894 | €7,357,748 | +€460,854 | +6.7% |
| Accrued charges and deferred income | 492/3 | €113,740 | €323,044 | +€209,304 | +184% |
| Operating income | 70/76A | - | €2,818,283 | +€2.8m | |
| Turnover | 70 | - | €2,791,085 | +€2.8m | |
| Other operating income | 74 | - | €1,396 | +€1,396 | |
| Non-recurring operating income | 76A | €0 | €25,802 | +€25,802 | |
| Operating charges | 60/66A | - | €2,175,245 | +€2.2m | |
| Services and other goods | 61 | - | €2,011,459 | +€2.0m | |
| Remuneration, social security and pensions | 62 | €108,598 | €72,081 | -€36,517 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,116 | €52,079 | +€9,963 | +23.7% |
| Other operating charges | 640/8 | €1,546 | €1,687 | +€142 | +9.2% |
| Non-recurring operating charges | 66A | €22,831 | €37,939 | +€15,108 | +66.2% |
| Gross operating margin | 9900 | €179,025 | - | -€179,025 | |
| Operating profit (loss) | 9901 | €3,934 | €643,038 | +€639,104 | +16,245% |
| Financial income | 75/76B | €451,121 | €195,824 | -€255,297 | -56.6% |
| Recurring financial income | 75 | €451,121 | €195,824 | -€255,297 | -56.6% |
| Income from financial fixed assets | 750 | - | €0 | = | |
| Income from current assets | 751 | - | €13,225 | +€13,225 | |
| Other financial income | 752/9 | - | €182,599 | +€182,599 | |
| Financial charges | 65/66B | €968,788 | €1,179,003 | +€210,215 | +21.7% |
| Recurring financial charges | 65 | €968,788 | €1,179,003 | +€210,215 | +21.7% |
| Debt charges | 650 | - | €921,697 | +€921,697 | |
| Other financial charges | 652/9 | - | €257,306 | +€257,306 | |
| Profit (loss) for the period before taxes | 9903 | -€513,732 | -€340,141 | +€173,591 | +33.8% |
| Income taxes | 67/77 | €519 | €42 | -€477 | -91.9% |
| Taxes | 670/3 | - | €42 | +€42 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€514,252 | -€340,184 | +€174,068 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€514,252 | -€340,184 | +€174,068 | +33.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.