ONDERNEMING CLAES: 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.
ONDERNEMING CLAES
Largest movements
- Cash -€30,618
down €30,618 (-96.7%), from €31,663 to €1,044
mainly Investment in fixed assets (net) (-€49,583) and Receivables within one year (-€30,011)
- Receivables within one year +€30,011
up €30,011 (+19.5%), from €153,798 to €183,809
of which Trade receivables: +€38,609
- Tangible fixed assets -€22,524
down €22,524 (-6.0%), from €377,551 to €355,027
of which Furniture and vehicles: -€13,591
- Debts after one year -€23,325
down €23,325 (-11.3%), from €206,979 to €183,654
- Reserves +€18,507
up €18,507 (+15.7%), from €117,897 to €136,404
- Other debts -€12,415
down €12,415 (-20.7%), from €60,029 to €47,614
- Trade debts -€5,938
down €5,938 (-6.3%), from €93,698 to €87,760
- Gross operating margin +€21,114
up €21,114 (+13.3%), from €158,799 to €179,913
- Depreciation +€17,885
up €17,885 (+33.0%), from €54,222 to €72,107
- Staff costs +€6,347
up €6,347 (+11.1%), from €57,251 to €63,599
- Financial charges +€2,911
up €2,911 (+30.2%), from €9,653 to €12,563
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 | €573,010 | €550,816 | -€22,194 | -3.9% |
| Fixed assets | 21/28 | €377,551 | €355,027 | -€22,524 | -6.0% |
| Tangible fixed assets | 22/27 | €377,551 | €355,027 | -€22,524 | -6.0% |
| Land and buildings | 22 | €75,046 | €70,411 | -€4,634 | -6.2% |
| Plant, machinery and equipment | 23 | €45,808 | €43,267 | -€2,541 | -5.5% |
| Furniture and vehicles | 24 | €40,466 | €26,875 | -€13,591 | -33.6% |
| Leasing and similar rights | 25 | €216,232 | €214,474 | -€1,758 | -0.8% |
| Current assets | 29/58 | €195,459 | €195,789 | +€330 | +0.2% |
| Stocks and contracts in progress | 3 | €8,725 | €8,725 | = | 0.0% |
| Stocks | 30/36 | €8,725 | €8,725 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €153,798 | €183,809 | +€30,011 | +19.5% |
| Trade receivables | 40 | €136,033 | €174,642 | +€38,609 | +28.4% |
| Other amounts receivable | 41 | €17,765 | €9,168 | -€8,597 | -48.4% |
| Cash at bank and in hand | 54/58 | €31,663 | €1,044 | -€30,618 | -96.7% |
| Deferred charges and accrued income | 490/1 | €1,273 | €2,210 | +€937 | +73.6% |
| Total equity and liabilities | 10/49 | €573,010 | €550,816 | -€22,194 | -3.9% |
| Equity | 10/15 | €132,578 | €151,085 | +€18,507 | +14.0% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €117,897 | €136,404 | +€18,507 | +15.7% |
| Distributable reserves | 133 | €117,897 | €136,404 | +€18,507 | +15.7% |
| Profit (loss) carried forward | 14 | €2,081 | €2,081 | = | 0.0% |
| Amounts payable | 17/49 | €440,432 | €399,731 | -€40,701 | -9.2% |
| Amounts payable after more than one year | 17 | €206,979 | €183,654 | -€23,325 | -11.3% |
| Financial debts | 170/4 | €206,979 | €183,654 | -€23,325 | -11.3% |
| Amounts payable within one year | 42/48 | €231,900 | €215,044 | -€16,856 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €54,426 | €54,821 | +€395 | +0.7% |
| Trade debts | 44 | €93,698 | €87,760 | -€5,938 | -6.3% |
| Suppliers | 440/4 | €93,698 | €87,760 | -€5,938 | -6.3% |
| Taxes, remuneration and social security | 45 | €23,747 | €24,849 | +€1,102 | +4.6% |
| Taxes | 450/3 | €12,889 | €17,839 | +€4,950 | +38.4% |
| Remuneration and social security | 454/9 | €10,858 | €7,011 | -€3,848 | -35.4% |
| Other amounts payable | 47/48 | €60,029 | €47,614 | -€12,415 | -20.7% |
| Accrued charges and deferred income | 492/3 | €1,553 | €1,033 | -€520 | -33.5% |
| Remuneration, social security and pensions | 62 | €57,251 | €63,599 | +€6,347 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,222 | €72,107 | +€17,885 | +33.0% |
| Other operating charges | 640/8 | €4,261 | €5,055 | +€793 | +18.6% |
| Gross operating margin | 9900 | €158,799 | €179,913 | +€21,114 | +13.3% |
| Operating profit (loss) | 9901 | €43,064 | €39,153 | -€3,911 | -9.1% |
| Financial income | 75/76B | €62 | €7 | -€55 | -88.8% |
| Recurring financial income | 75 | €62 | €7 | -€55 | -88.8% |
| Financial charges | 65/66B | €9,653 | €12,563 | +€2,911 | +30.2% |
| Recurring financial charges | 65 | €9,653 | €12,563 | +€2,911 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €33,474 | €26,597 | -€6,877 | -20.5% |
| Income taxes | 67/77 | €9,749 | €8,089 | -€1,660 | -17.0% |
| Profit (loss) for the period | 9904 | €23,724 | €18,507 | -€5,217 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,724 | €18,507 | -€5,217 | -22.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.