CLAUS-ULE: 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-ULE
Largest movements
- Stocks and contracts -€3,376
no longer reported in 2025 (was €3,376)
- Receivables within one year -€2,356
down €2,356 (-48.7%), from €4,834 to €2,478
- Profit (loss) carried forward -€3,151
down €3,151 (-23.2%), from -€13,574 to -€16,725
- Trade debts -€1,595
down €1,595 (-72.4%), from €2,204 to €609
- Tax, wage and social debts -€1,133
no longer reported in 2025 (was €1,133)
- Short-term financial debts +€148
up €148 (+4.3%), from €3,447 to €3,595
- Financial charges +€549
up €549 (+202%), from €271 to €820
- Gross operating margin +€332
up €332 (+13.9%), from -€2,382 to -€2,050
- Financial income -€75
down €75 (-29.2%), from €255 to €180
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,210 | €2,478 | -€5,732 | -69.8% |
| Current assets | 29/58 | €8,210 | €2,478 | -€5,732 | -69.8% |
| Stocks and contracts in progress | 3 | €3,376 | - | -€3,376 | |
| Stocks | 30/36 | €3,376 | - | -€3,376 | |
| Amounts receivable within one year | 40/41 | €4,834 | €2,478 | -€2,356 | -48.7% |
| Other amounts receivable | 41 | €4,834 | €2,478 | -€2,356 | -48.7% |
| Total equity and liabilities | 10/49 | €8,210 | €2,478 | -€5,732 | -69.8% |
| Equity | 10/15 | €1,426 | -€1,725 | -€3,151 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,574 | -€16,725 | -€3,151 | -23.2% |
| Amounts payable | 17/49 | €6,784 | €4,204 | -€2,581 | -38.0% |
| Amounts payable within one year | 42/48 | €6,784 | €4,204 | -€2,581 | -38.0% |
| Financial debts | 43 | €3,447 | €3,595 | +€148 | +4.3% |
| Credit institutions | 430/8 | €3,447 | €3,595 | +€148 | +4.3% |
| Trade debts | 44 | €2,204 | €609 | -€1,595 | -72.4% |
| Suppliers | 440/4 | €2,204 | €609 | -€1,595 | -72.4% |
| Taxes, remuneration and social security | 45 | €1,133 | - | -€1,133 | |
| Taxes | 450/3 | €1,133 | - | -€1,133 | |
| Other operating charges | 640/8 | €444 | €462 | +€17 | +3.9% |
| Gross operating margin | 9900 | -€2,382 | -€2,050 | +€332 | +13.9% |
| Operating profit (loss) | 9901 | -€2,827 | -€2,512 | +€315 | +11.1% |
| Financial income | 75/76B | €255 | €180 | -€75 | -29.2% |
| Recurring financial income | 75 | €255 | €180 | -€75 | -29.2% |
| Financial charges | 65/66B | €271 | €820 | +€549 | +202% |
| Recurring financial charges | 65 | €271 | €820 | +€549 | +202% |
| Profit (loss) for the period before taxes | 9903 | -€2,843 | -€3,151 | -€308 | -10.8% |
| Profit (loss) for the period | 9904 | -€2,843 | -€3,151 | -€308 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,843 | -€3,151 | -€308 | -10.8% |
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 17 October 2026 via checked.be.