F.C.M. CLARINVAL: 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.
F.C.M. CLARINVAL
Largest movements
- Tangible fixed assets -€59,332
down €59,332 (-15.3%), from €387,194 to €327,862
of which Plant, machinery and equipment: -€35,493
- Receivables within one year +€55,183
up €55,183 (+24.1%), from €229,193 to €284,376
of which Trade receivables: +€56,638
- Cash -€35,843
down €35,843 (-46.1%), from €77,824 to €41,981
mainly Debts after one year (-€70,605) and Receivables within one year (-€55,183)
- Debts after one year -€70,605
down €70,605 (-53.3%), from €132,403 to €61,798
- Tax, wage and social debts +€13,975
up €13,975 (+9.4%), from €148,078 to €162,054
of which Taxes: +€11,686
- Profit (loss) carried forward +€13,689
up €13,689 (+500%), from €2,739 to €16,427
- Turnover +€40,616
up €40,616 (+3.4%), from €1.2m to €1.2m
- Gross operating margin +€37,184
up €37,184 (+3.7%), from €995,468 to €1.0m
- Staff costs +€14,293
up €14,293 (+1.6%), from €888,057 to €902,349
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 | €749,803 | €713,345 | -€36,458 | -4.9% |
| Fixed assets | 21/28 | €387,648 | €328,317 | -€59,332 | -15.3% |
| Tangible fixed assets | 22/27 | €387,194 | €327,862 | -€59,332 | -15.3% |
| Land and buildings | 22 | €162,033 | €144,194 | -€17,838 | -11.0% |
| Plant, machinery and equipment | 23 | €194,673 | €159,181 | -€35,493 | -18.2% |
| Furniture and vehicles | 24 | €30,488 | €24,487 | -€6,001 | -19.7% |
| Financial fixed assets | 28 | €455 | €455 | = | 0.0% |
| Current assets | 29/58 | €362,154 | €385,028 | +€22,874 | +6.3% |
| Amounts receivable within one year | 40/41 | €229,193 | €284,376 | +€55,183 | +24.1% |
| Trade receivables | 40 | €207,880 | €264,518 | +€56,638 | +27.2% |
| Other amounts receivable | 41 | €21,313 | €19,857 | -€1,455 | -6.8% |
| Current investments | 50/53 | €54,999 | €58,547 | +€3,548 | +6.5% |
| Cash at bank and in hand | 54/58 | €77,824 | €41,981 | -€35,843 | -46.1% |
| Deferred charges and accrued income | 490/1 | €138 | €124 | -€14 | -10.2% |
| Total equity and liabilities | 10/49 | €749,803 | €713,345 | -€36,458 | -4.9% |
| Equity | 10/15 | €335,827 | €351,067 | +€15,239 | +4.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €292,397 | €295,135 | +€2,739 | +0.9% |
| Non-distributable reserves | 130/1 | €63,870 | €63,870 | = | 0.0% |
| Reserves not available under the articles | 1311 | €63,870 | €63,870 | = | 0.0% |
| Tax-exempt reserves | 132 | €95,179 | €95,179 | = | 0.0% |
| Distributable reserves | 133 | €133,347 | €136,086 | +€2,739 | +2.1% |
| Profit (loss) carried forward | 14 | €2,739 | €16,427 | +€13,689 | +500% |
| Investment grants | 15 | €10,692 | €9,504 | -€1,188 | -11.1% |
| Amounts payable | 17/49 | €413,976 | €362,278 | -€51,697 | -12.5% |
| Amounts payable after more than one year | 17 | €132,403 | €61,798 | -€70,605 | -53.3% |
| Financial debts | 170/4 | €132,403 | €61,798 | -€70,605 | -53.3% |
| Amounts payable within one year | 42/48 | €281,509 | €300,473 | +€18,964 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €69,339 | €70,605 | +€1,266 | +1.8% |
| Trade debts | 44 | €64,092 | €67,814 | +€3,722 | +5.8% |
| Suppliers | 440/4 | €64,092 | €67,814 | +€3,722 | +5.8% |
| Taxes, remuneration and social security | 45 | €148,078 | €162,054 | +€13,975 | +9.4% |
| Taxes | 450/3 | €30,044 | €41,731 | +€11,686 | +38.9% |
| Remuneration and social security | 454/9 | €118,034 | €120,323 | +€2,289 | +1.9% |
| Accrued charges and deferred income | 492/3 | €64 | €8 | -€56 | -88.2% |
| Turnover | 70 | €1,195,299 | €1,235,915 | +€40,616 | +3.4% |
| Non-recurring operating income | 76A | €3,783 | - | -€3,783 | |
| Goods, raw materials, services and sundry goods | 60/61 | €203,614 | €203,264 | -€350 | -0.2% |
| Remuneration, social security and pensions | 62 | €888,057 | €902,349 | +€14,293 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,844 | €79,163 | +€5,318 | +7.2% |
| Other operating charges | 640/8 | €21,301 | €18,582 | -€2,719 | -12.8% |
| Non-recurring operating charges | 66A | €1,045 | €1,744 | +€699 | +66.9% |
| Gross operating margin | 9900 | €995,468 | €1,032,651 | +€37,184 | +3.7% |
| Operating profit (loss) | 9901 | €11,221 | €30,813 | +€19,592 | +175% |
| Financial income | 75/76B | €1,275 | €1,265 | -€10 | -0.8% |
| Recurring financial income | 75 | €1,275 | €1,265 | -€10 | -0.8% |
| Financial charges | 65/66B | €5,444 | €4,665 | -€779 | -14.3% |
| Recurring financial charges | 65 | €5,444 | €4,665 | -€779 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €7,052 | €27,413 | +€20,362 | +289% |
| Income taxes | 67/77 | €4,313 | €10,986 | +€6,673 | +155% |
| Profit (loss) for the period | 9904 | €2,739 | €16,427 | +€13,689 | +500% |
| Profit (loss) for the period to be appropriated | 9905 | €2,739 | €16,427 | +€13,689 | +500% |
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 23 October 2026 via checked.be.