CLAUS & PARTNERS: 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.
CLAUS & PARTNERS
Largest movements
- Cash -€11,192
down €11,192 (-19.9%), from €56,140 to €44,947
mainly Net result for the year (-€10,996) and Other debts (-€2,482)
- Tangible fixed assets -€2,004
down €2,004 (-25.3%), from €7,915 to €5,911
of which Furniture and vehicles: -€1,143
- Receivables within one year -€1,558
down €1,558 (-21.4%), from €7,291 to €5,733
of which Trade receivables: -€4,230
- Reserves -€10,996
down €10,996 (-18.2%), from €60,459 to €49,463
of which Distributable reserves: -€10,996
- Other debts -€2,482
down €2,482 (-85.1%), from €2,918 to €435
- Tax, wage and social debts -€1,121
no longer reported in 2025 (was €1,121)
- Gross operating margin -€49,994
down €49,994, from €44,759 to -€5,235
- Other operating charges -€12,341
down €12,341 (-91.2%), from €13,529 to €1,188
- Taxes -€9,628
down €9,628 (-96.8%), from €9,945 to €317
- Depreciation +€726
up €726 (+22.5%), from €3,229 to €3,955
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 | €71,842 | €57,055 | -€14,787 | -20.6% |
| Fixed assets | 21/28 | €7,915 | €5,911 | -€2,004 | -25.3% |
| Tangible fixed assets | 22/27 | €7,915 | €5,911 | -€2,004 | -25.3% |
| Plant, machinery and equipment | 23 | €2,114 | €1,252 | -€861 | -40.8% |
| Furniture and vehicles | 24 | €5,802 | €4,659 | -€1,143 | -19.7% |
| Current assets | 29/58 | €63,926 | €51,144 | -€12,783 | -20.0% |
| Amounts receivable within one year | 40/41 | €7,291 | €5,733 | -€1,558 | -21.4% |
| Trade receivables | 40 | €5,034 | €804 | -€4,230 | -84.0% |
| Other amounts receivable | 41 | €2,258 | €4,929 | +€2,672 | +118% |
| Cash at bank and in hand | 54/58 | €56,140 | €44,947 | -€11,192 | -19.9% |
| Deferred charges and accrued income | 490/1 | €495 | €463 | -€32 | -6.5% |
| Total equity and liabilities | 10/49 | €71,842 | €57,055 | -€14,787 | -20.6% |
| Equity | 10/15 | €66,659 | €55,663 | -€10,996 | -16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,459 | €49,463 | -€10,996 | -18.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,599 | €47,603 | -€10,996 | -18.8% |
| Amounts payable | 17/49 | €5,182 | €1,392 | -€3,791 | -73.1% |
| Amounts payable within one year | 42/48 | €5,182 | €1,392 | -€3,791 | -73.1% |
| Trade debts | 44 | €1,143 | €957 | -€187 | -16.4% |
| Suppliers | 440/4 | €1,143 | €957 | -€187 | -16.4% |
| Taxes, remuneration and social security | 45 | €1,121 | - | -€1,121 | |
| Taxes | 450/3 | €1,121 | - | -€1,121 | |
| Other amounts payable | 47/48 | €2,918 | €435 | -€2,482 | -85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,229 | €3,955 | +€726 | +22.5% |
| Other operating charges | 640/8 | €13,529 | €1,188 | -€12,341 | -91.2% |
| Gross operating margin | 9900 | €44,759 | -€5,235 | -€49,994 | |
| Operating profit (loss) | 9901 | €28,002 | -€10,377 | -€38,379 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €401 | €302 | -€99 | -24.6% |
| Recurring financial charges | 65 | €401 | €302 | -€99 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €27,605 | -€10,680 | -€38,285 | |
| Income taxes | 67/77 | €9,945 | €317 | -€9,628 | -96.8% |
| Profit (loss) for the period | 9904 | €17,661 | -€10,996 | -€28,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,661 | -€10,996 | -€28,657 |
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 24 October 2026 via checked.be.