KING CLAUDY: 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.
KING CLAUDY
Largest movements
- Receivables after one year +€103,989
up €103,989 (+2,305%), from €4,511 to €108,500
- Receivables within one year +€65,695
up €65,695 (+38.1%), from €172,434 to €238,129
of which Other amounts receivable: +€35,875
- Tangible fixed assets -€24,900
down €24,900 (-4.0%), from €629,275 to €604,375
of which Land and buildings: -€28,834
- Cash +€11,531
up €11,531 (+6.8%), from €169,732 to €181,263
mainly Net result for the year (+€182,258) and Depreciation (+€32,100)
- Reserves +€182,000
up €182,000 (+87.3%), from €208,500 to €390,500
- Debts after one year -€18,268
down €18,268 (-2.9%), from €627,964 to €609,696
- Tax, wage and social debts -€16,946
down €16,946 (-82.2%), from €20,613 to €3,667
of which Taxes: -€13,324
- Gross operating margin +€103,270
up €103,270 (+55.9%), from €184,887 to €288,157
- Taxes +€23,787
up €23,787 (+82.0%), from €29,005 to €52,792
- Other operating charges +€3,054
new in 2025: €3,054
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 | €976,110 | €1,134,203 | +€158,093 | +16.2% |
| Fixed assets | 21/28 | €629,275 | €604,375 | -€24,900 | -4.0% |
| Tangible fixed assets | 22/27 | €629,275 | €604,375 | -€24,900 | -4.0% |
| Land and buildings | 22 | €622,568 | €593,735 | -€28,834 | -4.6% |
| Other tangible fixed assets | 26 | €6,707 | €10,641 | +€3,934 | +58.6% |
| Current assets | 29/58 | €346,835 | €529,828 | +€182,993 | +52.8% |
| Amounts receivable after more than one year | 29 | €4,511 | €108,500 | +€103,989 | +2,305% |
| Other amounts receivable | 291 | €4,511 | €108,500 | +€103,989 | +2,305% |
| Amounts receivable within one year | 40/41 | €172,434 | €238,129 | +€65,695 | +38.1% |
| Trade receivables | 40 | €165,189 | €195,009 | +€29,820 | +18.1% |
| Other amounts receivable | 41 | €7,245 | €43,120 | +€35,875 | +495% |
| Cash at bank and in hand | 54/58 | €169,732 | €181,263 | +€11,531 | +6.8% |
| Deferred charges and accrued income | 490/1 | €158 | €1,936 | +€1,779 | +1,126% |
| Total equity and liabilities | 10/49 | €976,110 | €1,134,203 | +€158,093 | +16.2% |
| Equity | 10/15 | €210,644 | €392,902 | +€182,258 | +86.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €208,500 | €390,500 | +€182,000 | +87.3% |
| Distributable reserves | 133 | €208,500 | €390,500 | +€182,000 | +87.3% |
| Profit (loss) carried forward | 14 | €144 | €402 | +€258 | +179% |
| Amounts payable | 17/49 | €765,466 | €741,301 | -€24,165 | -3.2% |
| Amounts payable after more than one year | 17 | €627,964 | €609,696 | -€18,268 | -2.9% |
| Financial debts | 170/4 | €627,964 | €609,696 | -€18,268 | -2.9% |
| Amounts payable within one year | 42/48 | €122,759 | €109,618 | -€13,141 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €19,934 | €20,506 | +€572 | +2.9% |
| Trade debts | 44 | €82,212 | €85,055 | +€2,843 | +3.5% |
| Suppliers | 440/4 | €82,212 | €85,055 | +€2,843 | +3.5% |
| Taxes, remuneration and social security | 45 | €20,613 | €3,667 | -€16,946 | -82.2% |
| Taxes | 450/3 | €16,991 | €3,667 | -€13,324 | -78.4% |
| Remuneration and social security | 454/9 | €3,622 | - | -€3,622 | |
| Other amounts payable | 47/48 | - | €391 | +€391 | |
| Accrued charges and deferred income | 492/3 | €14,744 | €21,987 | +€7,244 | +49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,032 | €32,100 | +€2,068 | +6.9% |
| Other operating charges | 640/8 | - | €3,054 | +€3,054 | |
| Gross operating margin | 9900 | €184,887 | €288,157 | +€103,270 | +55.9% |
| Operating profit (loss) | 9901 | €154,855 | €253,003 | +€98,148 | +63.4% |
| Financial income | 75/76B | €158 | €1,936 | +€1,779 | +1,126% |
| Recurring financial income | 75 | €158 | €1,936 | +€1,779 | +1,126% |
| Financial charges | 65/66B | €18,502 | €19,890 | +€1,388 | +7.5% |
| Recurring financial charges | 65 | €18,502 | €19,890 | +€1,388 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €136,511 | €235,050 | +€98,538 | +72.2% |
| Income taxes | 67/77 | €29,005 | €52,792 | +€23,787 | +82.0% |
| Profit (loss) for the period | 9904 | €107,507 | €182,258 | +€74,751 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €107,507 | €182,258 | +€74,751 | +69.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.