Group Claro: 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.
Group Claro
Largest movements
- Receivables within one year +€6,062
up €6,062 (+76.2%), from €7,957 to €14,019
of which Trade receivables: +€8,092
- Cash +€1,855
up €1,855 (+35.5%), from €5,227 to €7,082
mainly Trade debts (+€9,834) and Net result for the year (+€1,025)
- Trade debts +€9,834
new in 2025: €9,834
- Other debts -€2,600
no longer reported in 2025 (was €2,600)
- Reserves +€1,025
up €1,025 (+17.3%), from €5,918 to €6,943
- Tax, wage and social debts -€342
down €342 (-12.8%), from €2,666 to €2,324
of which Taxes: -€1,529
- Purchases and services +€44,473
up €44,473 (+99.1%), from €44,877 to €89,350
- Turnover +€34,609
up €34,609 (+60.2%), from €57,461 to €92,069
- Gross operating margin -€9,865
down €9,865 (-78.4%), from €12,584 to €2,719
- Taxes -€1,520
down €1,520 (-57.0%), from €2,666 to €1,146
- Depreciation -€1,128
no longer reported in 2025 (was €1,128)
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 | €13,183 | €21,101 | +€7,917 | +60.1% |
| Current assets | 29/58 | €13,183 | €21,101 | +€7,917 | +60.1% |
| Amounts receivable within one year | 40/41 | €7,957 | €14,019 | +€6,062 | +76.2% |
| Trade receivables | 40 | €5,680 | €13,773 | +€8,092 | +142.5% |
| Other amounts receivable | 41 | €2,276 | €247 | -€2,030 | -89.2% |
| Cash at bank and in hand | 54/58 | €5,227 | €7,082 | +€1,855 | +35.5% |
| Total equity and liabilities | 10/49 | €13,183 | €21,101 | +€7,917 | +60.1% |
| Equity | 10/15 | €7,918 | €8,943 | +€1,025 | +13.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,918 | €6,943 | +€1,025 | +17.3% |
| Distributable reserves | 133 | €5,918 | €6,943 | +€1,025 | +17.3% |
| Amounts payable | 17/49 | €5,266 | €12,158 | +€6,892 | +130.9% |
| Amounts payable within one year | 42/48 | €5,266 | €12,158 | +€6,892 | +130.9% |
| Trade debts | 44 | - | €9,834 | +€9,834 | |
| Suppliers | 440/4 | - | €9,834 | +€9,834 | |
| Taxes, remuneration and social security | 45 | €2,666 | €2,324 | -€342 | -12.8% |
| Taxes | 450/3 | €2,666 | €1,137 | -€1,529 | -57.4% |
| Remuneration and social security | 454/9 | - | €1,187 | +€1,187 | |
| Other amounts payable | 47/48 | €2,600 | - | -€2,600 | |
| Turnover | 70 | €57,461 | €92,069 | +€34,609 | +60.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,877 | €89,350 | +€44,473 | +99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | - | -€1,128 | |
| Other operating charges | 640/8 | €211 | €346 | +€134 | +63.5% |
| Gross operating margin | 9900 | €12,584 | €2,719 | -€9,865 | -78.4% |
| Operating profit (loss) | 9901 | €11,244 | €2,374 | -€8,870 | -78.9% |
| Financial charges | 65/66B | €61 | €202 | +€142 | +233.8% |
| Recurring financial charges | 65 | €61 | €202 | +€142 | +233.8% |
| Profit (loss) for the period before taxes | 9903 | €11,183 | €2,171 | -€9,012 | -80.6% |
| Income taxes | 67/77 | €2,666 | €1,146 | -€1,520 | -57.0% |
| Profit (loss) for the period | 9904 | €8,518 | €1,025 | -€7,492 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,518 | €1,025 | -€7,492 | -88.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.