CLAUDE Laetitia: what changed
CLAUDE Laetitia
Largest movements
- Cash -€92,811
down €92,811 (-66.6%), from €139,392 to €46,582
mainly Contributions, distributions and other (-€206,400) and Tax, wage and social debts (-€31,800)
- Receivables within one year -€19,771
down €19,771 (-47.6%), from €41,556 to €21,785
of which Other amounts receivable: -€19,786
- Receivables after one year -€7,000
down €7,000 (-100%), from €7,000 to €0
- Deferred charges and accrued income +€3,084
up €3,084 (+393%), from €785 to €3,869
- Reserves -€145,000
down €145,000 (-100%), from €145,000 to €0
- Other debts +€61,400
new in 2025: €61,400
- Tax, wage and social debts -€31,800
down €31,800 (-85.7%), from €37,107 to €5,307
- Gross operating margin -€4,536
down €4,536 (-5.5%), from €82,738 to €78,203
- Taxes -€953
down €953 (-5.3%), from €18,110 to €17,157
Change in the result, 2024 to 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.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,128 | €72,964 | -€117,164 | -61.6% |
| Fixed assets | 21/28 | €1,395 | €728 | -€666 | -47.8% |
| Tangible fixed assets | 22/27 | €1,395 | €728 | -€666 | -47.8% |
| Furniture and vehicles | 24 | €1,395 | €728 | -€666 | -47.8% |
| Current assets | 29/58 | €188,734 | €72,236 | -€116,498 | -61.7% |
| Amounts receivable after more than one year | 29 | €7,000 | €0 | -€7,000 | -100% |
| Other amounts receivable | 291 | €7,000 | €0 | -€7,000 | -100% |
| Amounts receivable within one year | 40/41 | €41,556 | €21,785 | -€19,771 | -47.6% |
| Trade receivables | 40 | - | €15 | +€15 | |
| Other amounts receivable | 41 | €41,556 | €21,770 | -€19,786 | -47.6% |
| Cash at bank and in hand | 54/58 | €139,392 | €46,582 | -€92,811 | -66.6% |
| Deferred charges and accrued income | 490/1 | €785 | €3,869 | +€3,084 | +393% |
| Total equity and liabilities | 10/49 | €190,128 | €72,964 | -€117,164 | -61.6% |
| Equity | 10/15 | €151,958 | €5,077 | -€146,880 | -96.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €145,000 | €0 | -€145,000 | -100% |
| Distributable reserves | 133 | €145,000 | €0 | -€145,000 | -100% |
| Profit (loss) carried forward | 14 | €1,958 | €77 | -€1,880 | -96.1% |
| Amounts payable | 17/49 | €38,171 | €67,887 | +€29,716 | +77.9% |
| Amounts payable within one year | 42/48 | €38,171 | €67,887 | +€29,716 | +77.9% |
| Trade debts | 44 | €1,064 | €1,180 | +€116 | +10.9% |
| Suppliers | 440/4 | €1,064 | €1,180 | +€116 | +10.9% |
| Taxes, remuneration and social security | 45 | €37,107 | €5,307 | -€31,800 | -85.7% |
| Taxes | 450/3 | €37,107 | €5,307 | -€31,800 | -85.7% |
| Other amounts payable | 47/48 | - | €61,400 | +€61,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €604 | €666 | +€62 | +10.2% |
| Other operating charges | 640/8 | €1,016 | €521 | -€495 | -48.7% |
| Gross operating margin | 9900 | €82,738 | €78,203 | -€4,536 | -5.5% |
| Operating profit (loss) | 9901 | €81,118 | €77,015 | -€4,103 | -5.1% |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.5% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.5% |
| Financial charges | 65/66B | €170 | €338 | +€168 | +99.0% |
| Recurring financial charges | 65 | €170 | €338 | +€168 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €80,954 | €76,677 | -€4,277 | -5.3% |
| Income taxes | 67/77 | €18,110 | €17,157 | -€953 | -5.3% |
| Profit (loss) for the period | 9904 | €62,844 | €59,520 | -€3,324 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,844 | €59,520 | -€3,324 | -5.3% |
Next steps
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 2 November 2026 via checked.be.