Klaas Claeyssens: what changed
Klaas Claeyssens
Largest movements
- Tangible fixed assets -€31,109
down €31,109 (-7.0%), from €443,085 to €411,976
of which Land and buildings: -€30,561
- Financial fixed assets +€18,000
new in 2025: €18,000
- Receivables within one year +€17,594
up €17,594 (+58.0%), from €30,340 to €47,934
of which Trade receivables: +€17,594
- Cash +€6,471
up €6,471 (+364%), from €1,778 to €8,249
mainly Depreciation (+€31,109) and Other debts (+€24,765)
- Other debts +€24,765
up €24,765 (+27.3%), from €90,599 to €115,365
- Debts after one year -€23,793
down €23,793 (-5.9%), from €400,803 to €377,010
- Profit (loss) carried forward +€9,893
up €9,893 (+20.4%), from -€48,424 to -€38,532
- Gross operating margin +€24,656
up €24,656 (+93.2%), from €26,461 to €51,116
- Staff costs -€2,303
down €2,303 (-100%), from €2,303 to €0
- Other operating charges +€2,096
up €2,096 (+272%), from €770 to €2,865
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 | €475,203 | €486,609 | +€11,405 | +2.4% |
| Fixed assets | 21/28 | €443,085 | €429,976 | -€13,109 | -3.0% |
| Tangible fixed assets | 22/27 | €443,085 | €411,976 | -€31,109 | -7.0% |
| Land and buildings | 22 | €438,935 | €408,374 | -€30,561 | -7.0% |
| Plant, machinery and equipment | 23 | €4,150 | €3,602 | -€548 | -13.2% |
| Financial fixed assets | 28 | - | €18,000 | +€18,000 | |
| Current assets | 29/58 | €32,118 | €56,632 | +€24,514 | +76.3% |
| Amounts receivable within one year | 40/41 | €30,340 | €47,934 | +€17,594 | +58.0% |
| Trade receivables | 40 | €340 | €17,934 | +€17,594 | +5,171% |
| Other amounts receivable | 41 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,778 | €8,249 | +€6,471 | +364% |
| Deferred charges and accrued income | 490/1 | - | €449 | +€449 | |
| Total equity and liabilities | 10/49 | €475,203 | €486,609 | +€11,405 | +2.4% |
| Equity | 10/15 | -€43,424 | -€33,532 | +€9,893 | +22.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,424 | -€38,532 | +€9,893 | +20.4% |
| Amounts payable | 17/49 | €518,628 | €520,140 | +€1,513 | +0.3% |
| Amounts payable after more than one year | 17 | €400,803 | €377,010 | -€23,793 | -5.9% |
| Financial debts | 170/4 | €400,803 | €377,010 | -€23,793 | -5.9% |
| Amounts payable within one year | 42/48 | €115,279 | €140,585 | +€25,306 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €23,390 | €23,793 | +€402 | +1.7% |
| Trade debts | 44 | €0 | €40 | +€40 | |
| Suppliers | 440/4 | €0 | €40 | +€40 | |
| Taxes, remuneration and social security | 45 | €1,289 | €1,388 | +€99 | +7.7% |
| Taxes | 450/3 | €1,289 | €1,388 | +€99 | +7.7% |
| Other amounts payable | 47/48 | €90,599 | €115,365 | +€24,765 | +27.3% |
| Accrued charges and deferred income | 492/3 | €2,546 | €2,545 | -€1 | 0.0% |
| Remuneration, social security and pensions | 62 | €2,303 | €0 | -€2,303 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,924 | €31,109 | +€184 | +0.6% |
| Other operating charges | 640/8 | €770 | €2,865 | +€2,096 | +272% |
| Gross operating margin | 9900 | €26,461 | €51,116 | +€24,656 | +93.2% |
| Operating profit (loss) | 9901 | -€7,536 | €17,142 | +€24,679 | |
| Financial charges | 65/66B | €7,604 | €7,250 | -€354 | -4.7% |
| Recurring financial charges | 65 | €7,604 | €7,250 | -€354 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,140 | €9,893 | +€25,033 | |
| Profit (loss) for the period | 9904 | -€15,140 | €9,893 | +€25,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,140 | €9,893 | +€25,033 |
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 4 November 2026 via checked.be.