EMILIE CLAEYS: what changed
EMILIE CLAEYS
Largest movements
- Receivables within one year +€97,977
up €97,977 (+147%), from €66,463 to €164,440
of which Other amounts receivable: +€97,977
- Cash -€42,105
down €42,105 (-66.7%), from €63,091 to €20,986
mainly Contributions, distributions and other (-€150,000) and Receivables within one year (-€97,977)
- Tangible fixed assets +€12,380
up €12,380 (+74.9%), from €16,533 to €28,913
of which Other tangible fixed assets: +€8,335
- Deferred charges and accrued income -€4,762
down €4,762 (-44.9%), from €10,616 to €5,854
- Other debts +€78,000
up €78,000 (+108%), from €72,000 to €150,000
- Profit (loss) carried forward +€22,714
up €22,714 (+2,826%), from €804 to €23,517
- Tax, wage and social debts -€13,578
down €13,578 (-45.3%), from €29,968 to €16,390
- Trade debts -€13,029
down €13,029 (-95.9%), from €13,580 to €551
- Accrued charges and deferred income -€10,616
down €10,616 (-100%), from €10,616 to €0
- Gross operating margin -€94,421
down €94,421 (-29.3%), from €322,140 to €227,719
- Taxes -€13,578
down €13,578 (-20.3%), from €66,968 to €53,390
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,703 | €220,193 | +€63,490 | +40.5% |
| Fixed assets | 21/28 | €16,533 | €28,913 | +€12,380 | +74.9% |
| Tangible fixed assets | 22/27 | €16,533 | €28,913 | +€12,380 | +74.9% |
| Furniture and vehicles | 24 | €9,372 | €13,417 | +€4,045 | +43.2% |
| Other tangible fixed assets | 26 | €7,161 | €15,496 | +€8,335 | +116% |
| Current assets | 29/58 | €140,170 | €191,280 | +€51,110 | +36.5% |
| Amounts receivable within one year | 40/41 | €66,463 | €164,440 | +€97,977 | +147% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €66,463 | €164,440 | +€97,977 | +147% |
| Cash at bank and in hand | 54/58 | €63,091 | €20,986 | -€42,105 | -66.7% |
| Deferred charges and accrued income | 490/1 | €10,616 | €5,854 | -€4,762 | -44.9% |
| Total equity and liabilities | 10/49 | €156,703 | €220,193 | +€63,490 | +40.5% |
| Equity | 10/15 | €30,539 | €53,253 | +€22,714 | +74.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €29,636 | €29,636 | = | 0.0% |
| Distributable reserves | 133 | €29,636 | €29,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | €804 | €23,517 | +€22,714 | +2,826% |
| Amounts payable | 17/49 | €126,164 | €166,941 | +€40,777 | +32.3% |
| Amounts payable within one year | 42/48 | €115,548 | €166,941 | +€51,393 | +44.5% |
| Trade debts | 44 | €13,580 | €551 | -€13,029 | -95.9% |
| Suppliers | 440/4 | €13,580 | €551 | -€13,029 | -95.9% |
| Taxes, remuneration and social security | 45 | €29,968 | €16,390 | -€13,578 | -45.3% |
| Taxes | 450/3 | €29,968 | €16,390 | -€13,578 | -45.3% |
| Other amounts payable | 47/48 | €72,000 | €150,000 | +€78,000 | +108% |
| Accrued charges and deferred income | 492/3 | €10,616 | €0 | -€10,616 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,847 | €4,799 | +€1,952 | +68.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €322,140 | €227,719 | -€94,421 | -29.3% |
| Operating profit (loss) | 9901 | €318,906 | €222,521 | -€96,385 | -30.2% |
| Financial income | 75/76B | €442 | €3,643 | +€3,201 | +724% |
| Recurring financial income | 75 | €442 | €3,643 | +€3,201 | +724% |
| Financial charges | 65/66B | €95 | €60 | -€34 | -36.5% |
| Recurring financial charges | 65 | €95 | €60 | -€34 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €319,253 | €226,104 | -€93,150 | -29.2% |
| Income taxes | 67/77 | €66,968 | €53,390 | -€13,578 | -20.3% |
| Profit (loss) for the period | 9904 | €252,285 | €172,714 | -€79,572 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €252,285 | €172,714 | -€79,572 | -31.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.