CLAST: 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.
CLAST
Largest movements
- Cash +€100,294
up €100,294 (+91.8%), from €109,281 to €209,575
mainly Net result for the year (+€95,260) and Receivables within one year (+€20,489)
- Receivables within one year -€20,489
down €20,489 (-53.2%), from €38,518 to €18,029
of which Trade receivables: -€20,489
- Tangible fixed assets -€16,943
down €16,943 (-3.7%), from €454,850 to €437,907
- Reserves +€68,575
up €68,575 (+13.2%), from €518,027 to €586,602
of which Distributable reserves: +€78,594
- Debts after one year -€12,979
down €12,979 (-47.7%), from €27,203 to €14,225
- Short-term financial debts +€11,728
new in 2025: €11,728
- Gross operating margin +€16,587
up €16,587 (+10.8%), from €153,746 to €170,333
- Taxes +€6,856
up €6,856 (+18.3%), from €37,523 to €44,379
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 | €929,233 | €991,526 | +€62,294 | +6.7% |
| Fixed assets | 21/28 | €578,600 | €561,658 | -€16,943 | -2.9% |
| Tangible fixed assets | 22/27 | €454,850 | €437,907 | -€16,943 | -3.7% |
| Land and buildings | 22 | €454,850 | €437,907 | -€16,943 | -3.7% |
| Financial fixed assets | 28 | €123,751 | €123,751 | = | 0.0% |
| Current assets | 29/58 | €350,633 | €429,869 | +€79,236 | +22.6% |
| Amounts receivable within one year | 40/41 | €38,518 | €18,029 | -€20,489 | -53.2% |
| Trade receivables | 40 | €38,518 | €18,029 | -€20,489 | -53.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,281 | €209,575 | +€100,294 | +91.8% |
| Deferred charges and accrued income | 490/1 | €2,833 | €2,265 | -€568 | -20.0% |
| Total equity and liabilities | 10/49 | €929,233 | €991,526 | +€62,294 | +6.7% |
| Equity | 10/15 | €620,762 | €689,337 | +€68,575 | +11.0% |
| Contributions | 10/11 | €102,735 | €102,735 | = | 0.0% |
| Reserves | 13 | €518,027 | €586,602 | +€68,575 | +13.2% |
| Tax-exempt reserves | 132 | €177,619 | €167,600 | -€10,019 | -5.6% |
| Distributable reserves | 133 | €340,408 | €419,002 | +€78,594 | +23.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €54,815 | €51,475 | -€3,340 | -6.1% |
| Deferred taxes | 168 | €54,815 | €51,475 | -€3,340 | -6.1% |
| Amounts payable | 17/49 | €253,655 | €250,714 | -€2,942 | -1.2% |
| Amounts payable after more than one year | 17 | €27,203 | €14,225 | -€12,979 | -47.7% |
| Financial debts | 170/4 | €27,203 | €14,225 | -€12,979 | -47.7% |
| Amounts payable within one year | 42/48 | €226,045 | €236,273 | +€10,228 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €12,835 | €12,979 | +€144 | +1.1% |
| Financial debts | 43 | - | €11,728 | +€11,728 | |
| Credit institutions | 430/8 | - | €11,728 | +€11,728 | |
| Trade debts | 44 | €0 | €254 | +€254 | |
| Suppliers | 440/4 | €0 | €254 | +€254 | |
| Taxes, remuneration and social security | 45 | €19,604 | €26,255 | +€6,651 | +33.9% |
| Taxes | 450/3 | €19,604 | €26,255 | +€6,651 | +33.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €193,607 | €185,058 | -€8,548 | -4.4% |
| Accrued charges and deferred income | 492/3 | €407 | €216 | -€191 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,278 | €16,943 | -€335 | -1.9% |
| Other operating charges | 640/8 | €11,277 | €11,030 | -€246 | -2.2% |
| Gross operating margin | 9900 | €153,746 | €170,333 | +€16,587 | +10.8% |
| Operating profit (loss) | 9901 | €125,192 | €142,360 | +€17,168 | +13.7% |
| Financial income | 75/76B | €5,371 | €5,583 | +€213 | +4.0% |
| Recurring financial income | 75 | €5,371 | €5,583 | +€213 | +4.0% |
| Financial charges | 65/66B | €12,627 | €11,645 | -€982 | -7.8% |
| Recurring financial charges | 65 | €12,627 | €11,645 | -€982 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €117,936 | €136,299 | +€18,363 | +15.6% |
| Transfer from deferred taxes | 780 | €3,340 | €3,340 | = | 0.0% |
| Income taxes | 67/77 | €37,523 | €44,379 | +€6,856 | +18.3% |
| Profit (loss) for the period | 9904 | €83,753 | €95,260 | +€11,507 | +13.7% |
| Transfer from tax-exempt reserves | 789 | €10,019 | €10,019 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,772 | €105,278 | +€11,507 | +12.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.