CLOQUETTE ETS: 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.
What changed
CLOQUETTE ETS
NACE 46.851, Wholesale of industrial chemicals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€675,288
2024 · €935,850-€260,562
Equity
€7.5m
2024 · €7.1m+€380,295
Cash
€234,667
2024 · €158,767+€75,900
Balance sheet total
€8.3m
2024 · €8.1m+€205,176
Largest movements
Assets
- Current investments +€578,887
up €578,887 (+16.6%), from €3.5m to €4.1m
- Tangible fixed assets -€193,792
down €193,792 (-8.9%), from €2.2m to €2.0m
of which Plant, machinery and equipment: -€232,690
- Stocks and contracts -€162,673
down €162,673 (-17.3%), from €937,722 to €775,049
Equity and liabilities
- Profit (loss) carried forward +€412,788
up €412,788 (+6.9%), from €5.9m to €6.4m
- Other debts -€234,605
down €234,605 (-42.0%), from €559,085 to €324,480
Income statement
- Gross operating margin -€368,546
down €368,546 (-13.6%), from €2.7m to €2.3m
- Staff costs +€61,379
up €61,379 (+7.8%), from €783,587 to €844,966
- Depreciation -€56,968
down €56,968 (-7.5%), from €758,973 to €702,005
- Financial income +€55,383
up €55,383 (+39.3%), from €141,036 to €196,419
- Taxes -€53,291
down €53,291 (-17.2%), from €309,123 to €255,832
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.
Result 2024
€935,850
Gross operating margin
-€368,546
Staff costs
-€61,379
Depreciation
+€56,968
Write-downs
+€840
Other operating charges
+€1,407
Financial income
+€55,383
Financial charges
+€1,476
Taxes
+€53,291
Result 2025
€675,288
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.
From operations
+€1.5m
Investment
-€1.1m
Financing
-€294,994
Cash 2024
€158,767
From operations (derived)
+€1.5m
Net result for the year
+€675,288
Depreciation
+€702,005
Stocks and contracts
+€162,673
Receivables within one year
+€43,159
Deferred charges and accrued income
+€49,986
Trade debts
+€62,767
Tax, wage and social debts
-€3,280
Other debts
-€234,605
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€508,213
Current investments
-€578,887
Financing
-€294,994
Contributions, distributions and other
-€294,994
Cash 2025
€234,667
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,084,126 | €8,289,302 | +€205,176 | +2.5% |
| Fixed assets | 21/28 | €2,187,476 | €1,993,684 | -€193,792 | -8.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,187,476 | €1,993,684 | -€193,792 | -8.9% |
| Land and buildings | 22 | €650,796 | €624,038 | -€26,759 | -4.1% |
| Plant, machinery and equipment | 23 | €1,297,717 | €1,065,027 | -€232,690 | -17.9% |
| Furniture and vehicles | 24 | €238,963 | €304,620 | +€65,657 | +27.5% |
| Current assets | 29/58 | €5,896,650 | €6,295,618 | +€398,968 | +6.8% |
| Stocks and contracts in progress | 3 | €937,722 | €775,049 | -€162,673 | -17.3% |
| Stocks | 30/36 | €937,722 | €775,049 | -€162,673 | -17.3% |
| Amounts receivable within one year | 40/41 | €1,267,986 | €1,224,827 | -€43,159 | -3.4% |
| Trade receivables | 40 | €1,266,025 | €983,002 | -€283,023 | -22.4% |
| Other amounts receivable | 41 | €1,961 | €241,825 | +€239,864 | +12230.6% |
| Current investments | 50/53 | €3,482,174 | €4,061,061 | +€578,887 | +16.6% |
| Cash at bank and in hand | 54/58 | €158,767 | €234,667 | +€75,900 | +47.8% |
| Deferred charges and accrued income | 490/1 | €50,000 | €14 | -€49,986 | -100.0% |
| Total equity and liabilities | 10/49 | €8,084,126 | €8,289,302 | +€205,176 | +2.5% |
| Equity | 10/15 | €7,128,729 | €7,509,024 | +€380,295 | +5.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,034,156 | €1,042,656 | +€8,500 | +0.8% |
| Tax-exempt reserves | 132 | €664,697 | €673,197 | +€8,500 | +1.3% |
| Distributable reserves | 133 | €369,459 | €369,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,942,647 | €6,355,435 | +€412,788 | +6.9% |
| Investment grants | 15 | €133,334 | €92,340 | -€40,994 | -30.7% |
| Amounts payable | 17/49 | €955,397 | €780,278 | -€175,119 | -18.3% |
| Amounts payable within one year | 42/48 | €955,397 | €780,278 | -€175,119 | -18.3% |
| Trade debts | 44 | €289,610 | €352,377 | +€62,767 | +21.7% |
| Suppliers | 440/4 | €289,610 | €352,377 | +€62,767 | +21.7% |
| Taxes, remuneration and social security | 45 | €106,702 | €103,422 | -€3,280 | -3.1% |
| Taxes | 450/3 | €13,620 | €18,776 | +€5,156 | +37.9% |
| Remuneration and social security | 454/9 | €93,082 | €84,646 | -€8,436 | -9.1% |
| Other amounts payable | 47/48 | €559,085 | €324,480 | -€234,605 | -42.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €783,587 | €844,966 | +€61,379 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758,973 | €702,005 | -€56,968 | -7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €840 | - | -€840 | |
| Other operating charges | 640/8 | €31,293 | €29,887 | -€1,407 | -4.5% |
| Gross operating margin | 9900 | €2,708,892 | €2,340,346 | -€368,546 | -13.6% |
| Operating profit (loss) | 9901 | €1,134,200 | €763,489 | -€370,711 | -32.7% |
| Financial income | 75/76B | €141,036 | €196,419 | +€55,383 | +39.3% |
| Recurring financial income | 75 | €141,036 | €196,419 | +€55,383 | +39.3% |
| Financial charges | 65/66B | €30,263 | €28,787 | -€1,476 | -4.9% |
| Recurring financial charges | 65 | €30,263 | €28,787 | -€1,476 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €1,244,973 | €931,121 | -€313,853 | -25.2% |
| Income taxes | 67/77 | €309,123 | €255,832 | -€53,291 | -17.2% |
| Profit (loss) for the period | 9904 | €935,850 | €675,288 | -€260,562 | -27.8% |
| Transfer from tax-exempt reserves | 789 | €71,200 | - | -€71,200 | |
| Transfer to tax-exempt reserves | 689 | €210,500 | - | -€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €796,550 | €675,288 | -€121,262 | -15.2% |
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 6 October 2026 via checked.be.