CLAUJUMA: 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.
CLAUJUMA
Largest movements
- Financial fixed assets +€364,000
new in 2025: €364,000
- Tangible fixed assets -€170,928
down €170,928 (-31.7%), from €539,222 to €368,294
of which Plant, machinery and equipment: -€164,895
- Cash -€22,721
down €22,721 (-89.7%), from €25,331 to €2,610
mainly Investment in fixed assets (net) (-€228,388) and Tax, wage and social debts (-€31,626)
- Receivables within one year +€18,157
up €18,157 (+541%), from €3,359 to €21,517
of which Other amounts receivable: +€17,264
- Debts after one year +€148,835
up €148,835 (+175%), from €85,187 to €234,023
- Other debts +€75,138
up €75,138 (+70.3%), from €106,900 to €182,038
- Tax, wage and social debts -€31,626
down €31,626 (-54.5%), from €58,034 to €26,408
- Reserves -€10,361
down €10,361 (-5.2%), from €201,002 to €190,641
- Taxes -€18,040
down €18,040 (-98.7%), from €18,276 to €236
- Gross operating margin -€14,582
down €14,582 (-10.8%), from €134,747 to €120,164
- Depreciation -€12,518
down €12,518 (-26.2%), from €47,834 to €35,316
- Financial charges +€2,396
up €2,396 (+64.4%), from €3,719 to €6,116
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.
Derived cash bridge
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 | €568,007 | €758,092 | +€190,085 | +33.5% |
| Fixed assets | 21/28 | €539,222 | €732,294 | +€193,072 | +35.8% |
| Tangible fixed assets | 22/27 | €539,222 | €368,294 | -€170,928 | -31.7% |
| Plant, machinery and equipment | 23 | €533,188 | €368,294 | -€164,895 | -30.9% |
| Furniture and vehicles | 24 | €6,033 | €0 | -€6,033 | -100.0% |
| Financial fixed assets | 28 | - | €364,000 | +€364,000 | |
| Current assets | 29/58 | €28,785 | €25,798 | -€2,987 | -10.4% |
| Stocks and contracts in progress | 3 | €95 | €43 | -€52 | -54.7% |
| Stocks | 30/36 | €95 | €43 | -€52 | -54.7% |
| Amounts receivable within one year | 40/41 | €3,359 | €21,517 | +€18,157 | +541% |
| Trade receivables | 40 | €2,309 | €3,203 | +€893 | +38.7% |
| Other amounts receivable | 41 | €1,050 | €18,314 | +€17,264 | +1,644% |
| Cash at bank and in hand | 54/58 | €25,331 | €2,610 | -€22,721 | -89.7% |
| Deferred charges and accrued income | 490/1 | - | €1,628 | +€1,628 | |
| Total equity and liabilities | 10/49 | €568,007 | €758,092 | +€190,085 | +33.5% |
| Equity | 10/15 | €223,002 | €212,641 | -€10,361 | -4.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €201,002 | €190,641 | -€10,361 | -5.2% |
| Distributable reserves | 133 | €201,002 | €190,641 | -€10,361 | -5.2% |
| Amounts payable | 17/49 | €345,005 | €545,451 | +€200,447 | +58.1% |
| Amounts payable after more than one year | 17 | €85,187 | €234,023 | +€148,835 | +175% |
| Financial debts | 170/4 | €85,187 | €234,023 | +€148,835 | +175% |
| Amounts payable within one year | 42/48 | €259,817 | €308,226 | +€48,409 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €89,523 | €90,414 | +€891 | +1.0% |
| Trade debts | 44 | €5,361 | €9,366 | +€4,005 | +74.7% |
| Suppliers | 440/4 | €5,361 | €9,366 | +€4,005 | +74.7% |
| Taxes, remuneration and social security | 45 | €58,034 | €26,408 | -€31,626 | -54.5% |
| Taxes | 450/3 | €58,034 | €26,408 | -€31,626 | -54.5% |
| Other amounts payable | 47/48 | €106,900 | €182,038 | +€75,138 | +70.3% |
| Accrued charges and deferred income | 492/3 | - | €3,203 | +€3,203 | |
| Remuneration, social security and pensions | 62 | €272 | - | -€272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,834 | €35,316 | -€12,518 | -26.2% |
| Other operating charges | 640/8 | €3,510 | €3,246 | -€263 | -7.5% |
| Non-recurring operating charges | 66A | - | €85,612 | +€85,612 | |
| Gross operating margin | 9900 | €134,747 | €120,164 | -€14,582 | -10.8% |
| Operating profit (loss) | 9901 | €83,131 | -€4,010 | -€87,140 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,719 | €6,116 | +€2,396 | +64.4% |
| Recurring financial charges | 65 | €3,719 | €6,116 | +€2,396 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €79,411 | -€10,125 | -€89,536 | |
| Income taxes | 67/77 | €18,276 | €236 | -€18,040 | -98.7% |
| Profit (loss) for the period | 9904 | €61,135 | -€10,361 | -€71,497 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,135 | -€10,361 | -€71,497 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.