CLAWCOMPANY: 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.
CLAWCOMPANY
Largest movements
- Cash +€340,290
up €340,290 (+132%), from €258,033 to €598,322
mainly Net result for the year (+€199,053) and Tax, wage and social debts (+€100,149)
- Receivables within one year +€101,337
up €101,337 (+123%), from €82,261 to €183,598
of which Trade receivables: +€102,420
- Tangible fixed assets -€69,986
down €69,986 (-9.7%), from €723,958 to €653,972
- Stocks and contracts +€34,050
up €34,050 (+135%), from €25,208 to €59,257
- Reserves +€199,053
up €199,053 (+142%), from €140,428 to €339,481
- Tax, wage and social debts +€100,149
up €100,149 (+132%), from €75,988 to €176,137
of which Taxes: +€95,853
- Debts after one year +€78,941
up €78,941 (+13.3%), from €591,487 to €670,428
- Current portion of long-term debt +€21,429
up €21,429 (+44.8%), from €47,845 to €69,273
- Gross operating margin +€156,656
up €156,656 (+56.0%), from €279,567 to €436,224
- Taxes +€41,296
up €41,296 (+90.4%), from €45,697 to €86,993
- Staff costs +€26,091
up €26,091 (+121%), from €21,610 to €47,701
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 | €1,094,183 | €1,500,505 | +€406,322 | +37.1% |
| Fixed assets | 21/28 | €723,958 | €653,972 | -€69,986 | -9.7% |
| Tangible fixed assets | 22/27 | €723,958 | €653,972 | -€69,986 | -9.7% |
| Land and buildings | 22 | €576,941 | €549,326 | -€27,615 | -4.8% |
| Plant, machinery and equipment | 23 | €82,879 | €58,365 | -€24,514 | -29.6% |
| Furniture and vehicles | 24 | €64,138 | €46,280 | -€17,857 | -27.8% |
| Current assets | 29/58 | €370,225 | €846,533 | +€476,308 | +129% |
| Stocks and contracts in progress | 3 | €25,208 | €59,257 | +€34,050 | +135% |
| Stocks | 30/36 | €25,208 | €59,257 | +€34,050 | +135% |
| Amounts receivable within one year | 40/41 | €82,261 | €183,598 | +€101,337 | +123% |
| Trade receivables | 40 | €80,628 | €183,049 | +€102,420 | +127% |
| Other amounts receivable | 41 | €1,633 | €549 | -€1,084 | -66.4% |
| Cash at bank and in hand | 54/58 | €258,033 | €598,322 | +€340,290 | +132% |
| Deferred charges and accrued income | 490/1 | €4,723 | €5,355 | +€632 | +13.4% |
| Total equity and liabilities | 10/49 | €1,094,183 | €1,500,505 | +€406,322 | +37.1% |
| Equity | 10/15 | €160,428 | €359,481 | +€199,053 | +124% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €140,428 | €339,481 | +€199,053 | +142% |
| Distributable reserves | 133 | €140,428 | €339,481 | +€199,053 | +142% |
| Amounts payable | 17/49 | €933,755 | €1,141,024 | +€207,269 | +22.2% |
| Amounts payable after more than one year | 17 | €591,487 | €670,428 | +€78,941 | +13.3% |
| Financial debts | 170/4 | €591,487 | €670,428 | +€78,941 | +13.3% |
| Amounts payable within one year | 42/48 | €337,214 | €456,723 | +€119,509 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €47,845 | €69,273 | +€21,429 | +44.8% |
| Trade debts | 44 | €213,382 | €210,404 | -€2,977 | -1.4% |
| Suppliers | 440/4 | €213,382 | €210,404 | -€2,977 | -1.4% |
| Taxes, remuneration and social security | 45 | €75,988 | €176,137 | +€100,149 | +132% |
| Taxes | 450/3 | €68,900 | €164,753 | +€95,853 | +139% |
| Remuneration and social security | 454/9 | €7,087 | €11,384 | +€4,296 | +60.6% |
| Other amounts payable | 47/48 | €0 | €908 | +€908 | |
| Accrued charges and deferred income | 492/3 | €5,054 | €13,874 | +€8,820 | +175% |
| Remuneration, social security and pensions | 62 | €21,610 | €47,701 | +€26,091 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,128 | €69,986 | +€1,858 | +2.7% |
| Other operating charges | 640/8 | €6,445 | €7,262 | +€818 | +12.7% |
| Gross operating margin | 9900 | €279,567 | €436,224 | +€156,656 | +56.0% |
| Operating profit (loss) | 9901 | €183,385 | €311,274 | +€127,889 | +69.7% |
| Financial income | 75/76B | €296 | €0 | -€296 | -100% |
| Recurring financial income | 75 | €296 | €0 | -€296 | -100% |
| Financial charges | 65/66B | €25,940 | €25,228 | -€712 | -2.7% |
| Recurring financial charges | 65 | €25,940 | €25,228 | -€712 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €157,741 | €286,046 | +€128,305 | +81.3% |
| Income taxes | 67/77 | €45,697 | €86,993 | +€41,296 | +90.4% |
| Profit (loss) for the period | 9904 | €112,044 | €199,053 | +€87,009 | +77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €112,044 | €199,053 | +€87,009 | +77.7% |
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 30 October 2026 via checked.be.