N.V. CLAES: 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.
N.V. CLAES
Largest movements
- Tangible fixed assets +€13,255
up €13,255 (+17.8%), from €74,368 to €87,623
of which Other tangible fixed assets: +€13,255
- Profit (loss) carried forward +€12,008
up €12,008 (+13.3%), from -€90,397 to -€78,390
- Depreciation -€10,502
down €10,502 (-93.8%), from €11,199 to €696
- Gross operating margin -€273
down €273 (-1.3%), from €20,641 to €20,368
- Financial income +€240
up €240 (+144%), from €167 to €407
- Other operating charges +€236
up €236 (+3.1%), from €7,573 to €7,809
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 | €219,470 | €231,477 | +€12,008 | +5.5% |
| Fixed assets | 21/28 | €74,368 | €87,623 | +€13,255 | +17.8% |
| Tangible fixed assets | 22/27 | €74,368 | €87,623 | +€13,255 | +17.8% |
| Land and buildings | 22 | €74,368 | €74,368 | = | 0.0% |
| Other tangible fixed assets | 26 | - | €13,255 | +€13,255 | |
| Current assets | 29/58 | €145,102 | €143,854 | -€1,248 | -0.9% |
| Amounts receivable within one year | 40/41 | €4,650 | €4,650 | = | 0.0% |
| Other amounts receivable | 41 | €4,650 | €4,650 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €140,452 | €139,204 | -€1,248 | -0.9% |
| Total equity and liabilities | 10/49 | €219,470 | €231,477 | +€12,008 | +5.5% |
| Equity | 10/15 | €219,470 | €231,477 | +€12,008 | +5.5% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Issued capital | 100 | €309,867 | €309,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,397 | -€78,390 | +€12,008 | +13.3% |
| Amounts payable | 17/49 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,199 | €696 | -€10,502 | -93.8% |
| Other operating charges | 640/8 | €7,573 | €7,809 | +€236 | +3.1% |
| Gross operating margin | 9900 | €20,641 | €20,368 | -€273 | -1.3% |
| Operating profit (loss) | 9901 | €1,869 | €11,863 | +€9,993 | +535% |
| Financial income | 75/76B | €167 | €407 | +€240 | +144% |
| Recurring financial income | 75 | €167 | €407 | +€240 | +144% |
| Financial charges | 65/66B | €140 | €262 | +€122 | +87.2% |
| Recurring financial charges | 65 | €140 | €262 | +€122 | +87.2% |
| Profit (loss) for the period before taxes | 9903 | €1,896 | €12,008 | +€10,111 | +533% |
| Income taxes | 67/77 | €50 | €0 | -€50 | -100% |
| Profit (loss) for the period | 9904 | €1,846 | €12,008 | +€10,161 | +550% |
| Profit (loss) for the period to be appropriated | 9905 | €1,846 | €12,008 | +€10,161 | +550% |
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 14 October 2026 via checked.be.