ECLAIRE: 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.
ECLAIRE
Largest movements
- Tangible fixed assets +€46,472
up €46,472 (+3225.0%), from €1,441 to €47,913
of which Leasing and similar rights: +€47,379
- Stocks and contracts +€37,388
up €37,388 (+111.4%), from €33,565 to €70,953
- Cash +€16,266
up €16,266 (+33.6%), from €48,474 to €64,740
mainly Net result for the year (+€68,884) and Trade debts (+€38,475)
- Profit (loss) carried forward +€68,884
up €68,884 (+40.4%), from -€170,485 to -€101,601
- Trade debts +€38,475
up €38,475 (+209.4%), from €18,374 to €56,849
- Debts after one year -€21,450
down €21,450 (-16.3%), from €131,324 to €109,874
of which Other amounts payable: -€35,000
- Current portion of long-term debt +€11,051
up €11,051 (+48.6%), from €22,729 to €33,780
- Tax, wage and social debts +€6,901
up €6,901 (+142.4%), from €4,846 to €11,747
of which Taxes: +€6,676
- Gross operating margin +€21,355
up €21,355 (+22.6%), from €94,514 to €115,869
- Staff costs +€9,993
up €9,993 (+37.2%), from €26,833 to €36,826
- Financial charges -€2,712
down €2,712 (-28.5%), from €9,513 to €6,801
- Depreciation -€1,774
down €1,774 (-23.9%), from €7,437 to €5,663
- Financial income -€1,597
down €1,597 (-28.5%), from €5,597 to €4,000
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 | €92,287 | €191,048 | +€98,761 | +107.0% |
| Fixed assets | 21/28 | €8,058 | €54,530 | +€46,472 | +576.7% |
| Tangible fixed assets | 22/27 | €1,441 | €47,913 | +€46,472 | +3225.0% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €900 | €535 | -€365 | -40.6% |
| Leasing and similar rights | 25 | - | €47,379 | +€47,379 | |
| Other tangible fixed assets | 26 | €541 | €0 | -€541 | -100.0% |
| Financial fixed assets | 28 | €6,617 | €6,617 | = | 0.0% |
| Current assets | 29/58 | €84,229 | €136,518 | +€52,288 | +62.1% |
| Stocks and contracts in progress | 3 | €33,565 | €70,953 | +€37,388 | +111.4% |
| Stocks | 30/36 | €33,565 | €70,953 | +€37,388 | +111.4% |
| Amounts receivable within one year | 40/41 | €1,105 | €730 | -€375 | -34.0% |
| Trade receivables | 40 | €742 | €0 | -€742 | -100.0% |
| Other amounts receivable | 41 | €363 | €730 | +€366 | +100.8% |
| Cash at bank and in hand | 54/58 | €48,474 | €64,740 | +€16,266 | +33.6% |
| Deferred charges and accrued income | 490/1 | €1,086 | €95 | -€991 | -91.2% |
| Total equity and liabilities | 10/49 | €92,287 | €191,048 | +€98,761 | +107.0% |
| Equity | 10/15 | -€150,034 | -€81,150 | +€68,884 | +45.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,485 | -€101,601 | +€68,884 | +40.4% |
| Amounts payable | 17/49 | €242,321 | €272,198 | +€29,877 | +12.3% |
| Amounts payable after more than one year | 17 | €131,324 | €109,874 | -€21,450 | -16.3% |
| Financial debts | 170/4 | €36,324 | €49,874 | +€13,550 | +37.3% |
| Other amounts payable | 178/9 | €95,000 | €60,000 | -€35,000 | -36.8% |
| Amounts payable within one year | 42/48 | €110,997 | €162,323 | +€51,327 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €22,729 | €33,780 | +€11,051 | +48.6% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €18,374 | €56,849 | +€38,475 | +209.4% |
| Suppliers | 440/4 | €18,374 | €56,849 | +€38,475 | +209.4% |
| Taxes, remuneration and social security | 45 | €4,846 | €11,747 | +€6,901 | +142.4% |
| Taxes | 450/3 | €2,935 | €9,611 | +€6,676 | +227.5% |
| Remuneration and social security | 454/9 | €1,911 | €2,137 | +€226 | +11.8% |
| Other amounts payable | 47/48 | €40,047 | €34,947 | -€5,101 | -12.7% |
| Remuneration, social security and pensions | 62 | €26,833 | €36,826 | +€9,993 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,437 | €5,663 | -€1,774 | -23.9% |
| Other operating charges | 640/8 | €2,850 | €1,373 | -€1,478 | -51.8% |
| Gross operating margin | 9900 | €94,514 | €115,869 | +€21,355 | +22.6% |
| Operating profit (loss) | 9901 | €57,394 | €72,008 | +€14,614 | +25.5% |
| Financial income | 75/76B | €5,597 | €4,000 | -€1,597 | -28.5% |
| Recurring financial income | 75 | €5,597 | €4,000 | -€1,597 | -28.5% |
| Financial charges | 65/66B | €9,513 | €6,801 | -€2,712 | -28.5% |
| Recurring financial charges | 65 | €9,513 | €6,801 | -€2,712 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €53,478 | €69,207 | +€15,729 | +29.4% |
| Income taxes | 67/77 | €305 | €323 | +€18 | +5.9% |
| Profit (loss) for the period | 9904 | €53,173 | €68,884 | +€15,711 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,173 | €68,884 | +€15,711 | +29.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.