CLAVIUS: what changed
Two fiscal 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.
CLAVIUS
Largest movements
- Receivables within one year +€90,387
up €90,387 (+76.9%), from €117,474 to €207,861
of which Trade receivables: +€92,222
- Profit (loss) carried forward +€160,838
up €160,838 (+224.0%), from €71,818 to €232,656
- Other debts -€81,195
down €81,195 (-33.7%), from €240,781 to €159,586
- Tax, wage and social debts +€31,730
up €31,730 (+266.4%), from €11,909 to €43,638
of which Taxes: +€38,560
- Trade debts -€15,097
down €15,097 (-68.0%), from €22,191 to €7,094
- Accrued charges and deferred income +€14,347
up €14,347 (+102.9%), from €13,937 to €28,284
- Gross operating margin +€137,317
up €137,317 (+72.3%), from €189,805 to €327,122
- Taxes +€33,131
up €33,131 (+214.1%), from €15,474 to €48,605
- Staff costs +€22,578
up €22,578 (+41.5%), from €54,397 to €76,974
- Other operating charges +€15,280
up €15,280 (+1614.4%), from €946 to €16,226
- Depreciation -€7,168
down €7,168 (-22.9%), from €31,324 to €24,156
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.
Cash bridge derived
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 | €399,397 | €490,906 | +€91,509 | +22.9% |
| Fixed assets | 21/28 | €181,090 | €180,320 | -€770 | -0.4% |
| Intangible fixed assets | 21 | €3,334 | €3,765 | +€431 | +12.9% |
| Tangible fixed assets | 22/27 | €177,581 | €176,380 | -€1,201 | -0.7% |
| Plant, machinery and equipment | 23 | €130,241 | €125,742 | -€4,499 | -3.5% |
| Furniture and vehicles | 24 | €16,419 | €23,927 | +€7,508 | +45.7% |
| Other tangible fixed assets | 26 | €30,921 | €26,710 | -€4,210 | -13.6% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €218,308 | €310,586 | +€92,279 | +42.3% |
| Amounts receivable within one year | 40/41 | €117,474 | €207,861 | +€90,387 | +76.9% |
| Trade receivables | 40 | €115,639 | €207,861 | +€92,222 | +79.8% |
| Other amounts receivable | 41 | €1,835 | - | -€1,835 | |
| Cash at bank and in hand | 54/58 | €100,834 | €102,725 | +€1,891 | +1.9% |
| Total equity and liabilities | 10/49 | €399,397 | €490,906 | +€91,509 | +22.9% |
| Equity | 10/15 | €74,318 | €235,156 | +€160,838 | +216.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,818 | €232,656 | +€160,838 | +224.0% |
| Amounts payable | 17/49 | €325,080 | €255,750 | -€69,330 | -21.3% |
| Amounts payable after more than one year | 17 | €19,119 | €11,682 | -€7,437 | -38.9% |
| Financial debts | 170/4 | €19,119 | €11,682 | -€7,437 | -38.9% |
| Amounts payable within one year | 42/48 | €292,023 | €215,785 | -€76,239 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €17,142 | €5,466 | -€11,677 | -68.1% |
| Trade debts | 44 | €22,191 | €7,094 | -€15,097 | -68.0% |
| Suppliers | 440/4 | €22,191 | €7,094 | -€15,097 | -68.0% |
| Taxes, remuneration and social security | 45 | €11,909 | €43,638 | +€31,730 | +266.4% |
| Taxes | 450/3 | €5,078 | €43,638 | +€38,560 | +759.3% |
| Remuneration and social security | 454/9 | €6,830 | - | -€6,830 | |
| Other amounts payable | 47/48 | €240,781 | €159,586 | -€81,195 | -33.7% |
| Accrued charges and deferred income | 492/3 | €13,937 | €28,284 | +€14,347 | +102.9% |
| Remuneration, social security and pensions | 62 | €54,397 | €76,974 | +€22,578 | +41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,324 | €24,156 | -€7,168 | -22.9% |
| Other operating charges | 640/8 | €946 | €16,226 | +€15,280 | +1614.4% |
| Gross operating margin | 9900 | €189,805 | €327,122 | +€137,317 | +72.3% |
| Operating profit (loss) | 9901 | €103,138 | €209,765 | +€106,627 | +103.4% |
| Financial income | 75/76B | €1,068 | €539 | -€529 | -49.6% |
| Recurring financial income | 75 | €1,068 | €539 | -€529 | -49.6% |
| Financial charges | 65/66B | €907 | €860 | -€46 | -5.1% |
| Recurring financial charges | 65 | €907 | €860 | -€46 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €103,299 | €209,444 | +€106,144 | +102.8% |
| Income taxes | 67/77 | €15,474 | €48,605 | +€33,131 | +214.1% |
| Profit (loss) for the period | 9904 | €87,825 | €160,838 | +€73,013 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,825 | €160,838 | +€73,013 | +83.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.