CLOVIS CARRELAGE: 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.
CLOVIS CARRELAGE
Largest movements
- Stocks and contracts -€18,896
down €18,896 (-21.4%), from €88,269 to €69,373
- Deferred charges and accrued income +€11,845
up €11,845 (+592%), from €2,002 to €13,847
- Intangible fixed assets -€5,909
down €5,909 (-33.3%), from €17,727 to €11,818
- Receivables within one year -€5,326
down €5,326 (-19.2%), from €27,782 to €22,455
of which Other amounts receivable: -€4,381
- Cash +€4,985
up €4,985 (+21.5%), from €23,202 to €28,187
mainly Net result for the year (+€23,632) and Stocks and contracts (+€18,896)
- Trade debts -€26,699
down €26,699 (-29.4%), from €90,904 to €64,205
- Profit (loss) carried forward +€19,016
up €19,016, from -€19,016 to €0
- Debts after one year -€14,038
down €14,038 (-35.4%), from €39,612 to €25,574
- Other debts +€5,212
up €5,212 (+286%), from €1,823 to €7,035
- Reserves +€4,616
up €4,616 (+306%), from €1,509 to €6,125
of which Distributable reserves: +€4,616
- Gross operating margin +€17,548
up €17,548 (+51.7%), from €33,933 to €51,481
- Taxes +€5,380
up €5,380 (+616%), from €873 to €6,254
- Depreciation -€4,946
down €4,946 (-41.9%), from €11,817 to €6,871
- Staff costs -€1,946
down €1,946 (-19.4%), from €10,055 to €8,109
- Financial charges -€631
down €631 (-12.0%), from €5,240 to €4,610
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 | €164,173 | €150,992 | -€13,181 | -8.0% |
| Fixed assets | 21/28 | €22,919 | €17,130 | -€5,789 | -25.3% |
| Intangible fixed assets | 21 | €17,727 | €11,818 | -€5,909 | -33.3% |
| Tangible fixed assets | 22/27 | €5,192 | €5,312 | +€120 | +2.3% |
| Land and buildings | 22 | €5,192 | €4,437 | -€755 | -14.5% |
| Furniture and vehicles | 24 | - | €875 | +€875 | |
| Current assets | 29/58 | €141,254 | €133,862 | -€7,392 | -5.2% |
| Stocks and contracts in progress | 3 | €88,269 | €69,373 | -€18,896 | -21.4% |
| Stocks | 30/36 | €88,269 | €69,373 | -€18,896 | -21.4% |
| Amounts receivable within one year | 40/41 | €27,782 | €22,455 | -€5,326 | -19.2% |
| Trade receivables | 40 | €22,361 | €21,416 | -€945 | -4.2% |
| Other amounts receivable | 41 | €5,421 | €1,039 | -€4,381 | -80.8% |
| Cash at bank and in hand | 54/58 | €23,202 | €28,187 | +€4,985 | +21.5% |
| Deferred charges and accrued income | 490/1 | €2,002 | €13,847 | +€11,845 | +592% |
| Total equity and liabilities | 10/49 | €164,173 | €150,992 | -€13,181 | -8.0% |
| Equity | 10/15 | €1,093 | €24,725 | +€23,632 | +2,162% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,509 | €6,125 | +€4,616 | +306% |
| Non-distributable reserves | 130/1 | €1,509 | €1,509 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,509 | €1,509 | = | 0.0% |
| Distributable reserves | 133 | - | €4,616 | +€4,616 | |
| Profit (loss) carried forward | 14 | -€19,016 | €0 | +€19,016 | |
| Amounts payable | 17/49 | €163,080 | €126,267 | -€36,813 | -22.6% |
| Amounts payable after more than one year | 17 | €39,612 | €25,574 | -€14,038 | -35.4% |
| Financial debts | 170/4 | €39,612 | €25,574 | -€14,038 | -35.4% |
| Amounts payable within one year | 42/48 | €123,468 | €100,693 | -€22,775 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €13,634 | €14,038 | +€404 | +3.0% |
| Financial debts | 43 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Credit institutions | 430/8 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Trade debts | 44 | €90,904 | €64,205 | -€26,699 | -29.4% |
| Suppliers | 440/4 | €90,904 | €64,205 | -€26,699 | -29.4% |
| Taxes, remuneration and social security | 45 | €11,107 | €11,415 | +€308 | +2.8% |
| Taxes | 450/3 | €9,890 | €11,265 | +€1,375 | +13.9% |
| Remuneration and social security | 454/9 | €1,217 | €150 | -€1,067 | -87.7% |
| Other amounts payable | 47/48 | €1,823 | €7,035 | +€5,212 | +286% |
| Non-recurring operating income | 76A | €1,407 | €0 | -€1,407 | -100% |
| Remuneration, social security and pensions | 62 | €10,055 | €8,109 | -€1,946 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,817 | €6,871 | -€4,946 | -41.9% |
| Other operating charges | 640/8 | €1,891 | €2,005 | +€114 | +6.0% |
| Non-recurring operating charges | 66A | €3,831 | €0 | -€3,831 | -100% |
| Gross operating margin | 9900 | €33,933 | €51,481 | +€17,548 | +51.7% |
| Operating profit (loss) | 9901 | €6,338 | €34,496 | +€28,157 | +444% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €5,240 | €4,610 | -€631 | -12.0% |
| Recurring financial charges | 65 | €5,240 | €4,610 | -€631 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €1,101 | €29,886 | +€28,785 | +2,614% |
| Income taxes | 67/77 | €873 | €6,254 | +€5,380 | +616% |
| Profit (loss) for the period | 9904 | €228 | €23,632 | +€23,404 | +10,282% |
| Profit (loss) for the period to be appropriated | 9905 | €228 | €23,632 | +€23,404 | +10,282% |
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 14 October 2026 via checked.be.