SHARON CLAEYS: 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.
SHARON CLAEYS
Largest movements
- Cash +€56,828
up €56,828 (+96.8%), from €58,722 to €115,550
mainly Other debts (+€44,785) and Receivables within one year (+€20,442)
- Receivables within one year -€20,442
down €20,442 (-36.8%), from €55,554 to €35,113
of which Trade receivables: -€23,199
- Tangible fixed assets -€14,305
down €14,305 (-31.9%), from €44,838 to €30,533
- Stocks and contracts -€7,793
down €7,793 (-9.7%), from €80,226 to €72,433
- Other debts +€44,785
up €44,785 (+294%), from €15,215 to €60,000
- Reserves -€41,509
down €41,509 (-45.2%), from €91,871 to €50,362
- Trade debts +€15,901
up €15,901 (+23.9%), from €66,505 to €82,406
- Debts after one year -€13,172
down €13,172 (-43.2%), from €30,477 to €17,306
- Tax, wage and social debts +€7,578
up €7,578 (+28.7%), from €26,387 to €33,965
of which Taxes: +€4,511
- Gross operating margin +€21,819
up €21,819 (+17.4%), from €125,737 to €147,556
- Taxes +€5,271
up €5,271 (+160%), from €3,296 to €8,567
- Other operating charges +€2,411
up €2,411 (+381%), from €632 to €3,043
- Staff costs +€2,348
up €2,348 (+2.4%), from €96,344 to €98,692
- Financial charges +€1,607
up €1,607 (+38.0%), from €4,229 to €5,835
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 | €249,171 | €262,211 | +€13,040 | +5.2% |
| Fixed assets | 21/28 | €52,028 | €37,723 | -€14,305 | -27.5% |
| Tangible fixed assets | 22/27 | €44,838 | €30,533 | -€14,305 | -31.9% |
| Furniture and vehicles | 24 | €44,838 | €30,533 | -€14,305 | -31.9% |
| Financial fixed assets | 28 | €7,190 | €7,190 | = | 0.0% |
| Current assets | 29/58 | €197,143 | €224,488 | +€27,345 | +13.9% |
| Stocks and contracts in progress | 3 | €80,226 | €72,433 | -€7,793 | -9.7% |
| Stocks | 30/36 | €80,226 | €72,433 | -€7,793 | -9.7% |
| Amounts receivable within one year | 40/41 | €55,554 | €35,113 | -€20,442 | -36.8% |
| Trade receivables | 40 | €32,443 | €9,245 | -€23,199 | -71.5% |
| Other amounts receivable | 41 | €23,111 | €25,868 | +€2,757 | +11.9% |
| Cash at bank and in hand | 54/58 | €58,722 | €115,550 | +€56,828 | +96.8% |
| Deferred charges and accrued income | 490/1 | €2,641 | €1,393 | -€1,248 | -47.3% |
| Total equity and liabilities | 10/49 | €249,171 | €262,211 | +€13,040 | +5.2% |
| Equity | 10/15 | €96,871 | €55,362 | -€41,509 | -42.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €91,871 | €50,362 | -€41,509 | -45.2% |
| Distributable reserves | 133 | €91,871 | €50,362 | -€41,509 | -45.2% |
| Amounts payable | 17/49 | €152,300 | €206,849 | +€54,549 | +35.8% |
| Amounts payable after more than one year | 17 | €30,477 | €17,306 | -€13,172 | -43.2% |
| Financial debts | 170/4 | €30,477 | €17,306 | -€13,172 | -43.2% |
| Amounts payable within one year | 42/48 | €120,709 | €189,543 | +€68,834 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €12,602 | €13,172 | +€570 | +4.5% |
| Trade debts | 44 | €66,505 | €82,406 | +€15,901 | +23.9% |
| Suppliers | 440/4 | €66,505 | €82,406 | +€15,901 | +23.9% |
| Taxes, remuneration and social security | 45 | €26,387 | €33,965 | +€7,578 | +28.7% |
| Taxes | 450/3 | €7,933 | €12,444 | +€4,511 | +56.9% |
| Remuneration and social security | 454/9 | €18,454 | €21,520 | +€3,067 | +16.6% |
| Other amounts payable | 47/48 | €15,215 | €60,000 | +€44,785 | +294% |
| Accrued charges and deferred income | 492/3 | €1,113 | €0 | -€1,113 | -100.0% |
| Remuneration, social security and pensions | 62 | €96,344 | €98,692 | +€2,348 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,305 | €14,305 | = | 0.0% |
| Other operating charges | 640/8 | €632 | €3,043 | +€2,411 | +381% |
| Gross operating margin | 9900 | €125,737 | €147,556 | +€21,819 | +17.4% |
| Operating profit (loss) | 9901 | €14,455 | €31,516 | +€17,060 | +118% |
| Financial income | 75/76B | €1,053 | €1,378 | +€326 | +30.9% |
| Recurring financial income | 75 | €1,053 | €1,378 | +€326 | +30.9% |
| Financial charges | 65/66B | €4,229 | €5,835 | +€1,607 | +38.0% |
| Recurring financial charges | 65 | €4,229 | €5,835 | +€1,607 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €11,280 | €27,059 | +€15,779 | +140% |
| Income taxes | 67/77 | €3,296 | €8,567 | +€5,271 | +160% |
| Profit (loss) for the period | 9904 | €7,984 | €18,491 | +€10,508 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €7,984 | €18,491 | +€10,508 | +132% |
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 16 October 2026 via checked.be.