Clauwaert Sofie: 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.
Clauwaert Sofie
Largest movements
- Receivables within one year -€10,572
down €10,572 (-21.4%), from €49,323 to €38,751
of which Trade receivables: -€10,582
- Deferred charges and accrued income +€8,806
up €8,806 (+176%), from €5,000 to €13,806
- Reserves +€12,524
new in 2025: €12,524
- Debts after one year -€7,406
down €7,406 (-5.0%), from €149,126 to €141,720
- Current portion of long-term debt -€7,298
down €7,298 (-49.8%), from €14,661 to €7,364
- Gross operating margin -€11,831
down €11,831 (-30.4%), from €38,924 to €27,094
- Taxes -€1,063
down €1,063 (-16.5%), from €6,444 to €5,381
- Financial charges -€802
down €802 (-9.6%), from €8,391 to €7,589
- Other operating charges +€540
up €540 (+27.7%), from €1,948 to €2,488
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 | €338,751 | €335,395 | -€3,357 | -1.0% |
| Fixed assets | 21/28 | €268,703 | €267,320 | -€1,383 | -0.5% |
| Tangible fixed assets | 22/27 | €268,703 | €267,320 | -€1,383 | -0.5% |
| Land and buildings | 22 | €267,184 | €266,528 | -€656 | -0.2% |
| Plant, machinery and equipment | 23 | €1,519 | €0 | -€1,519 | -100% |
| Furniture and vehicles | 24 | - | €793 | +€793 | |
| Current assets | 29/58 | €70,048 | €68,074 | -€1,974 | -2.8% |
| Amounts receivable within one year | 40/41 | €49,323 | €38,751 | -€10,572 | -21.4% |
| Trade receivables | 40 | €10,582 | €0 | -€10,582 | -100% |
| Other amounts receivable | 41 | €38,741 | €38,751 | +€10 | 0.0% |
| Cash at bank and in hand | 54/58 | €15,725 | €15,517 | -€208 | -1.3% |
| Deferred charges and accrued income | 490/1 | €5,000 | €13,806 | +€8,806 | +176% |
| Total equity and liabilities | 10/49 | €338,751 | €335,395 | -€3,357 | -1.0% |
| Equity | 10/15 | €171,109 | €183,633 | +€12,524 | +7.3% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | - | €12,524 | +€12,524 | |
| Distributable reserves | 133 | - | €12,524 | +€12,524 | |
| Profit (loss) carried forward | 14 | €151,309 | €151,309 | = | 0.0% |
| Amounts payable | 17/49 | €167,642 | €151,761 | -€15,881 | -9.5% |
| Amounts payable after more than one year | 17 | €149,126 | €141,720 | -€7,406 | -5.0% |
| Financial debts | 170/4 | €149,126 | €141,720 | -€7,406 | -5.0% |
| Amounts payable within one year | 42/48 | €18,517 | €10,042 | -€8,475 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €14,661 | €7,364 | -€7,298 | -49.8% |
| Trade debts | 44 | €3,412 | €2,678 | -€734 | -21.5% |
| Suppliers | 440/4 | €3,412 | €2,678 | -€734 | -21.5% |
| Taxes, remuneration and social security | 45 | €444 | €0 | -€444 | -100% |
| Taxes | 450/3 | €444 | €0 | -€444 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224 | €1,383 | +€159 | +13.0% |
| Other operating charges | 640/8 | €1,948 | €2,488 | +€540 | +27.7% |
| Gross operating margin | 9900 | €38,924 | €27,094 | -€11,831 | -30.4% |
| Operating profit (loss) | 9901 | €35,752 | €23,223 | -€12,529 | -35.0% |
| Financial income | 75/76B | €1,950 | €2,271 | +€321 | +16.5% |
| Recurring financial income | 75 | €1,950 | €2,271 | +€321 | +16.5% |
| Financial charges | 65/66B | €8,391 | €7,589 | -€802 | -9.6% |
| Recurring financial charges | 65 | €8,391 | €7,589 | -€802 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €29,311 | €17,905 | -€11,406 | -38.9% |
| Income taxes | 67/77 | €6,444 | €5,381 | -€1,063 | -16.5% |
| Profit (loss) for the period | 9904 | €22,867 | €12,524 | -€10,343 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,867 | €12,524 | -€10,343 | -45.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.