O-Claire: 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.
O-Claire
Largest movements
- Receivables within one year +€42,015
up €42,015 (+289%), from €14,540 to €56,555
of which Trade receivables: +€26,326
- Intangible fixed assets -€16,000
down €16,000 (-16.9%), from €94,641 to €78,641
- Stocks and contracts +€6,766
up €6,766 (+96.7%), from €7,000 to €13,766
- Tangible fixed assets -€6,573
down €6,573 (-29.2%), from €22,529 to €15,955
- Cash -€2,218
down €2,218 (-44.5%), from €4,981 to €2,764
mainly Receivables within one year (-€42,015) and Debts after one year (-€24,182)
- Trade debts +€26,348
up €26,348 (+162%), from €16,270 to €42,618
- Debts after one year -€24,182
down €24,182 (-32.9%), from €73,535 to €49,353
- Short-term financial debts +€22,167
new in 2025: €22,167
- Other debts -€7,687
down €7,687 (-43.5%), from €17,687 to €10,000
- Reserves +€4,988
up €4,988 (+35.8%), from €13,916 to €18,903
- Gross operating margin +€24,137
up €24,137 (+45.0%), from €53,687 to €77,824
- Staff costs +€14,546
up €14,546 (+62.5%), from €23,280 to €37,826
- Financial charges +€2,829
up €2,829 (+61.5%), from €4,598 to €7,427
- Taxes +€1,551
up €1,551 (+403%), from €385 to €1,936
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 | €147,191 | €172,829 | +€25,638 | +17.4% |
| Fixed assets | 21/28 | €117,170 | €94,597 | -€22,573 | -19.3% |
| Intangible fixed assets | 21 | €94,641 | €78,641 | -€16,000 | -16.9% |
| Tangible fixed assets | 22/27 | €22,529 | €15,955 | -€6,573 | -29.2% |
| Furniture and vehicles | 24 | €22,529 | €15,955 | -€6,573 | -29.2% |
| Current assets | 29/58 | €30,021 | €78,233 | +€48,211 | +161% |
| Stocks and contracts in progress | 3 | €7,000 | €13,766 | +€6,766 | +96.7% |
| Stocks | 30/36 | €7,000 | €13,766 | +€6,766 | +96.7% |
| Amounts receivable within one year | 40/41 | €14,540 | €56,555 | +€42,015 | +289% |
| Trade receivables | 40 | €10,648 | €36,975 | +€26,326 | +247% |
| Other amounts receivable | 41 | €3,892 | €19,580 | +€15,689 | +403% |
| Cash at bank and in hand | 54/58 | €4,981 | €2,764 | -€2,218 | -44.5% |
| Deferred charges and accrued income | 490/1 | €3,500 | €5,148 | +€1,648 | +47.1% |
| Total equity and liabilities | 10/49 | €147,191 | €172,829 | +€25,638 | +17.4% |
| Equity | 10/15 | €15,916 | €20,903 | +€4,988 | +31.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,916 | €18,903 | +€4,988 | +35.8% |
| Distributable reserves | 133 | €13,916 | €18,903 | +€4,988 | +35.8% |
| Amounts payable | 17/49 | €131,275 | €151,926 | +€20,651 | +15.7% |
| Amounts payable after more than one year | 17 | €73,535 | €49,353 | -€24,182 | -32.9% |
| Financial debts | 170/4 | €73,535 | €49,353 | -€24,182 | -32.9% |
| Amounts payable within one year | 42/48 | €57,741 | €102,573 | +€44,833 | +77.6% |
| Current portion of amounts payable after more than one year | 42 | €23,166 | €24,182 | +€1,016 | +4.4% |
| Financial debts | 43 | - | €22,167 | +€22,167 | |
| Credit institutions | 430/8 | - | €22,167 | +€22,167 | |
| Trade debts | 44 | €16,270 | €42,618 | +€26,348 | +162% |
| Suppliers | 440/4 | €16,270 | €42,618 | +€26,348 | +162% |
| Taxes, remuneration and social security | 45 | €617 | €3,605 | +€2,988 | +484% |
| Taxes | 450/3 | €385 | €1,965 | +€1,580 | +410% |
| Remuneration and social security | 454/9 | €232 | €1,641 | +€1,408 | +607% |
| Other amounts payable | 47/48 | €17,687 | €10,000 | -€7,687 | -43.5% |
| Remuneration, social security and pensions | 62 | €23,280 | €37,826 | +€14,546 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,326 | €24,962 | +€635 | +2.6% |
| Other operating charges | 640/8 | €848 | €685 | -€164 | -19.3% |
| Gross operating margin | 9900 | €53,687 | €77,824 | +€24,137 | +45.0% |
| Operating profit (loss) | 9901 | €5,233 | €14,351 | +€9,119 | +174% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100% |
| Financial charges | 65/66B | €4,598 | €7,427 | +€2,829 | +61.5% |
| Recurring financial charges | 65 | €4,598 | €7,427 | +€2,829 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €658 | €6,924 | +€6,266 | +952% |
| Income taxes | 67/77 | €385 | €1,936 | +€1,551 | +403% |
| Profit (loss) for the period | 9904 | €273 | €4,988 | +€4,714 | +1,726% |
| Profit (loss) for the period to be appropriated | 9905 | €273 | €4,988 | +€4,714 | +1,726% |
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 19 October 2026 via checked.be.