Debaes - Claeys: 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.
Debaes - Claeys
Largest movements
- Receivables within one year +€9,146
up €9,146 (+167%), from €5,465 to €14,611
of which Trade receivables: +€9,293
- Cash -€3,825
down €3,825 (-11.9%), from €32,121 to €28,295
mainly Receivables within one year (-€9,146) and Contributions, distributions and other (-€6,319)
- Stocks and contracts -€2,573
down €2,573 (-75.2%), from €3,419 to €847
- Tangible fixed assets -€2,333
down €2,333 (-6.3%), from €37,274 to €34,941
of which Furniture and vehicles: -€3,019
- Reserves -€4,098
down €4,098 (-9.6%), from €42,829 to €38,731
of which Distributable reserves: -€4,098
- Trade debts +€3,486
up €3,486 (+66.8%), from €5,218 to €8,703
- Tax, wage and social debts +€1,565
up €1,565 (+43.3%), from €3,610 to €5,175
- Gross operating margin -€8,763
down €8,763 (-42.4%), from €20,652 to €11,888
- Taxes -€1,148
down €1,148 (-56.0%), from €2,052 to €904
- Depreciation -€684
down €684 (-11.4%), from €6,027 to €5,343
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 | €78,771 | €79,763 | +€992 | +1.3% |
| Fixed assets | 21/28 | €37,557 | €35,224 | -€2,333 | -6.2% |
| Tangible fixed assets | 22/27 | €37,274 | €34,941 | -€2,333 | -6.3% |
| Land and buildings | 22 | €28,248 | €26,935 | -€1,314 | -4.6% |
| Plant, machinery and equipment | 23 | €1,865 | €3,865 | +€2,000 | +107% |
| Furniture and vehicles | 24 | €7,160 | €4,141 | -€3,019 | -42.2% |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €41,214 | €44,539 | +€3,325 | +8.1% |
| Stocks and contracts in progress | 3 | €3,419 | €847 | -€2,573 | -75.2% |
| Stocks | 30/36 | €3,419 | €847 | -€2,573 | -75.2% |
| Amounts receivable within one year | 40/41 | €5,465 | €14,611 | +€9,146 | +167% |
| Trade receivables | 40 | €5,318 | €14,611 | +€9,293 | +175% |
| Other amounts receivable | 41 | €147 | €0 | -€147 | -100% |
| Cash at bank and in hand | 54/58 | €32,121 | €28,295 | -€3,825 | -11.9% |
| Deferred charges and accrued income | 490/1 | €209 | €786 | +€577 | +276% |
| Total equity and liabilities | 10/49 | €78,771 | €79,763 | +€992 | +1.3% |
| Equity | 10/15 | €61,429 | €57,331 | -€4,098 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,829 | €38,731 | -€4,098 | -9.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €40,970 | €36,871 | -€4,098 | -10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,342 | €22,433 | +€5,091 | +29.4% |
| Amounts payable within one year | 42/48 | €17,342 | €22,433 | +€5,091 | +29.4% |
| Trade debts | 44 | €5,218 | €8,703 | +€3,486 | +66.8% |
| Suppliers | 440/4 | €5,218 | €8,703 | +€3,486 | +66.8% |
| Taxes, remuneration and social security | 45 | €3,610 | €5,175 | +€1,565 | +43.3% |
| Taxes | 450/3 | €3,610 | €5,175 | +€1,565 | +43.3% |
| Other amounts payable | 47/48 | €8,514 | €8,554 | +€40 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,027 | €5,343 | -€684 | -11.4% |
| Other operating charges | 640/8 | €3,199 | €3,298 | +€99 | +3.1% |
| Gross operating margin | 9900 | €20,652 | €11,888 | -€8,763 | -42.4% |
| Operating profit (loss) | 9901 | €11,425 | €3,247 | -€8,178 | -71.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €66 | €122 | +€56 | +84.2% |
| Recurring financial charges | 65 | €66 | €122 | +€56 | +84.2% |
| Profit (loss) for the period before taxes | 9903 | €11,359 | €3,125 | -€8,234 | -72.5% |
| Income taxes | 67/77 | €2,052 | €904 | -€1,148 | -56.0% |
| Profit (loss) for the period | 9904 | €9,307 | €2,221 | -€7,086 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,307 | €2,221 | -€7,086 | -76.1% |
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 17 October 2026 via checked.be.