CLAYSTONE: 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.
CLAYSTONE
Largest movements
- Receivables within one year +€44,823
up €44,823 (+107.2%), from €41,803 to €86,626
of which Trade receivables: +€45,078
- Cash -€15,056
down €15,056 (-11.1%), from €135,404 to €120,347
mainly Trade debts (-€50,202) and Receivables within one year (-€44,823)
- Tangible fixed assets +€6,080
new in 2025: €6,080
- Stocks and contracts +€3,927
up €3,927 (+90.3%), from €4,347 to €8,274
- Profit (loss) carried forward +€62,462
up €62,462 (+8.7%), from -€719,450 to -€656,988
- Trade debts -€50,202
down €50,202 (-76.4%), from €65,723 to €15,522
- Other debts +€21,356
up €21,356 (+2.6%), from €813,600 to €834,956
- Accrued charges and deferred income +€5,500
new in 2025: €5,500
- Gross operating margin +€93,590
up €93,590 (+10876.5%), from €860 to €94,451
- Other operating charges +€26,375
up €26,375 (+611.0%), from €4,317 to €30,691
- Taxes +€15,903
no longer reported in 2025 (was -€15,903)
- Financial charges -€4,361
down €4,361 (-94.9%), from €4,595 to €234
- Depreciation -€1,951
down €1,951 (-64.7%), from €3,015 to €1,064
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 | €181,740 | €221,932 | +€40,192 | +22.1% |
| Fixed assets | 21/28 | €122 | €6,201 | +€6,080 | +4984.4% |
| Tangible fixed assets | 22/27 | - | €6,080 | +€6,080 | |
| Furniture and vehicles | 24 | - | €6,080 | +€6,080 | |
| Financial fixed assets | 28 | €122 | €122 | = | 0.0% |
| Current assets | 29/58 | €181,618 | €215,731 | +€34,113 | +18.8% |
| Stocks and contracts in progress | 3 | €4,347 | €8,274 | +€3,927 | +90.3% |
| Stocks | 30/36 | €4,347 | €8,274 | +€3,927 | +90.3% |
| Amounts receivable within one year | 40/41 | €41,803 | €86,626 | +€44,823 | +107.2% |
| Trade receivables | 40 | €41,548 | €86,626 | +€45,078 | +108.5% |
| Other amounts receivable | 41 | €255 | - | -€255 | |
| Cash at bank and in hand | 54/58 | €135,404 | €120,347 | -€15,056 | -11.1% |
| Deferred charges and accrued income | 490/1 | €64 | €483 | +€419 | +657.9% |
| Total equity and liabilities | 10/49 | €181,740 | €221,932 | +€40,192 | +22.1% |
| Equity | 10/15 | -€700,850 | -€638,388 | +€62,462 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€719,450 | -€656,988 | +€62,462 | +8.7% |
| Amounts payable | 17/49 | €882,590 | €860,320 | -€22,269 | -2.5% |
| Amounts payable within one year | 42/48 | €882,590 | €854,820 | -€27,769 | -3.1% |
| Trade debts | 44 | €65,723 | €15,522 | -€50,202 | -76.4% |
| Suppliers | 440/4 | €65,723 | €15,522 | -€50,202 | -76.4% |
| Taxes, remuneration and social security | 45 | €3,267 | €4,343 | +€1,076 | +32.9% |
| Taxes | 450/3 | €3,267 | €4,343 | +€1,076 | +32.9% |
| Other amounts payable | 47/48 | €813,600 | €834,956 | +€21,356 | +2.6% |
| Accrued charges and deferred income | 492/3 | - | €5,500 | +€5,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,015 | €1,064 | -€1,951 | -64.7% |
| Other operating charges | 640/8 | €4,317 | €30,691 | +€26,375 | +611.0% |
| Non-recurring operating charges | 66A | €36,138 | - | -€36,138 | |
| Gross operating margin | 9900 | €860 | €94,451 | +€93,590 | +10876.5% |
| Operating profit (loss) | 9901 | -€42,610 | €62,696 | +€105,305 | |
| Financial income | 75/76B | €674 | - | -€674 | |
| Recurring financial income | 75 | €674 | - | -€674 | |
| Financial charges | 65/66B | €4,595 | €234 | -€4,361 | -94.9% |
| Recurring financial charges | 65 | €4,595 | €234 | -€4,361 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | -€46,531 | €62,462 | +€108,993 | |
| Income taxes | 67/77 | -€15,903 | - | +€15,903 | |
| Profit (loss) for the period | 9904 | -€30,627 | €62,462 | +€93,089 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,627 | €62,462 | +€93,089 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.