CLAUDE IMMO: 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.
CLAUDE IMMO
Largest movements
- Tangible fixed assets +€516,871
up €516,871 (+50.9%), from €1.0m to €1.5m
of which Land and buildings: +€598,430
- Cash +€82,050
up €82,050 (+55.3%), from €148,473 to €230,523
mainly Debts after one year (+€534,136) and Other debts (+€62,487)
- Debts after one year +€534,136
up €534,136 (+72.4%), from €738,192 to €1.3m
- Other debts +€62,487
up €62,487 (+18.9%), from €330,713 to €393,200
- Current portion of long-term debt +€19,713
up €19,713 (+65.5%), from €30,083 to €49,795
- Gross operating margin +€53,314
up €53,314 (+515.6%), from €10,340 to €63,654
- Financial charges +€15,710
up €15,710 (+88.7%), from €17,709 to €33,419
- Depreciation +€5,864
up €5,864 (+18.8%), from €31,239 to €37,104
- Other operating charges +€4,917
new in 2024: €4,917
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,164,087 | €1,767,074 | +€602,987 | +51.8% |
| Fixed assets | 21/28 | €1,015,033 | €1,531,904 | +€516,871 | +50.9% |
| Tangible fixed assets | 22/27 | €1,015,033 | €1,531,904 | +€516,871 | +50.9% |
| Land and buildings | 22 | €457,700 | €1,056,130 | +€598,430 | +130.7% |
| Leasing and similar rights | 25 | €487,622 | €461,974 | -€25,648 | -5.3% |
| Assets under construction and advance payments | 27 | €69,711 | €13,800 | -€55,911 | -80.2% |
| Current assets | 29/58 | €149,054 | €235,170 | +€86,116 | +57.8% |
| Amounts receivable within one year | 40/41 | €581 | €0 | -€581 | -100.0% |
| Other amounts receivable | 41 | €581 | €0 | -€581 | -100.0% |
| Cash at bank and in hand | 54/58 | €148,473 | €230,523 | +€82,050 | +55.3% |
| Deferred charges and accrued income | 490/1 | - | €4,647 | +€4,647 | |
| Total equity and liabilities | 10/49 | €1,164,087 | €1,767,074 | +€602,987 | +51.8% |
| Equity | 10/15 | €61,392 | €49,606 | -€11,786 | -19.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,608 | -€50,394 | -€11,786 | -30.5% |
| Amounts payable | 17/49 | €1,102,695 | €1,717,468 | +€614,773 | +55.8% |
| Amounts payable after more than one year | 17 | €738,192 | €1,272,329 | +€534,136 | +72.4% |
| Financial debts | 170/4 | €738,192 | €1,272,329 | +€534,136 | +72.4% |
| Amounts payable within one year | 42/48 | €364,502 | €445,139 | +€80,637 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €30,083 | €49,795 | +€19,713 | +65.5% |
| Trade debts | 44 | €3,706 | €2,143 | -€1,563 | -42.2% |
| Suppliers | 440/4 | €3,706 | €2,143 | -€1,563 | -42.2% |
| Other amounts payable | 47/48 | €330,713 | €393,200 | +€62,487 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,239 | €37,104 | +€5,864 | +18.8% |
| Other operating charges | 640/8 | - | €4,917 | +€4,917 | |
| Gross operating margin | 9900 | €10,340 | €63,654 | +€53,314 | +515.6% |
| Operating profit (loss) | 9901 | -€20,899 | €21,633 | +€42,532 | |
| Financial charges | 65/66B | €17,709 | €33,419 | +€15,710 | +88.7% |
| Recurring financial charges | 65 | €17,709 | €33,419 | +€15,710 | +88.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,608 | -€11,786 | +€26,822 | +69.5% |
| Profit (loss) for the period | 9904 | -€38,608 | -€11,786 | +€26,822 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,608 | -€11,786 | +€26,822 | +69.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.