The Wild Claw: 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.
The Wild Claw
Largest movements
- Receivables within one year +€19,496
up €19,496 (+31.3%), from €62,294 to €81,790
of which Trade receivables: +€10,766
- Cash -€5,038
down €5,038 (-94.4%), from €5,338 to €299
mainly Receivables within one year (-€19,496) and Tax, wage and social debts (-€12,006)
- Deferred charges and accrued income -€2,475
no longer reported in 2025 (was €2,475)
- Profit (loss) carried forward +€15,482
up €15,482 (+53.6%), from €28,900 to €44,382
- Tax, wage and social debts -€12,006
down €12,006 (-31.7%), from €37,901 to €25,895
of which Taxes: -€6,988
- Current portion of long-term debt +€6,032
new in 2025: €6,032
- Advances received +€4,277
new in 2025: €4,277
- Accrued charges and deferred income -€3,547
no longer reported in 2025 (was €3,547)
- Staff costs -€25,037
down €25,037 (-52.6%), from €47,567 to €22,530
- Gross operating margin -€10,458
down €10,458 (-18.9%), from €55,464 to €45,005
- Other operating charges -€3,936
down €3,936 (-79.9%), from €4,924 to €988
- Taxes +€3,556
new in 2025: €3,556
- Financial charges +€1,967
up €1,967 (+1,317%), from €149 to €2,116
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 | €72,348 | €82,586 | +€10,238 | +14.2% |
| Fixed assets | 21/28 | €1,490 | €497 | -€992 | -66.6% |
| Tangible fixed assets | 22/27 | €925 | €497 | -€427 | -46.2% |
| Plant, machinery and equipment | 23 | €925 | €497 | -€427 | -46.2% |
| Financial fixed assets | 28 | €565 | €0 | -€565 | -100% |
| Current assets | 29/58 | €70,858 | €82,089 | +€11,231 | +15.8% |
| Amounts receivable after more than one year | 29 | €752 | - | -€752 | |
| Other amounts receivable | 291 | €752 | - | -€752 | |
| Amounts receivable within one year | 40/41 | €62,294 | €81,790 | +€19,496 | +31.3% |
| Trade receivables | 40 | - | €10,766 | +€10,766 | |
| Other amounts receivable | 41 | €62,294 | €71,023 | +€8,729 | +14.0% |
| Cash at bank and in hand | 54/58 | €5,338 | €299 | -€5,038 | -94.4% |
| Deferred charges and accrued income | 490/1 | €2,475 | - | -€2,475 | |
| Total equity and liabilities | 10/49 | €72,348 | €82,586 | +€10,238 | +14.2% |
| Equity | 10/15 | €30,900 | €46,382 | +€15,482 | +50.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,900 | €44,382 | +€15,482 | +53.6% |
| Amounts payable | 17/49 | €41,448 | €36,204 | -€5,244 | -12.7% |
| Amounts payable within one year | 42/48 | €37,901 | €36,204 | -€1,697 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,032 | +€6,032 | |
| Advances received on contracts in progress | 46 | - | €4,277 | +€4,277 | |
| Taxes, remuneration and social security | 45 | €37,901 | €25,895 | -€12,006 | -31.7% |
| Taxes | 450/3 | €31,125 | €24,137 | -€6,988 | -22.5% |
| Remuneration and social security | 454/9 | €6,776 | €1,758 | -€5,018 | -74.1% |
| Accrued charges and deferred income | 492/3 | €3,547 | - | -€3,547 | |
| Non-recurring operating income | 76A | - | €6,776 | +€6,776 | |
| Remuneration, social security and pensions | 62 | €47,567 | €22,530 | -€25,037 | -52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €427 | +€70 | +19.5% |
| Other operating charges | 640/8 | €4,924 | €988 | -€3,936 | -79.9% |
| Gross operating margin | 9900 | €55,464 | €45,005 | -€10,458 | -18.9% |
| Operating profit (loss) | 9901 | €2,614 | €21,060 | +€18,446 | +706% |
| Financial income | 75/76B | €0 | €94 | +€94 | +156,617% |
| Recurring financial income | 75 | €0 | €94 | +€94 | +156,617% |
| Financial charges | 65/66B | €149 | €2,116 | +€1,967 | +1,317% |
| Recurring financial charges | 65 | €149 | €2,116 | +€1,967 | +1,317% |
| Profit (loss) for the period before taxes | 9903 | €2,465 | €19,038 | +€16,573 | +672% |
| Income taxes | 67/77 | - | €3,556 | +€3,556 | |
| Profit (loss) for the period | 9904 | €2,465 | €15,482 | +€13,017 | +528% |
| Profit (loss) for the period to be appropriated | 9905 | €2,465 | €15,482 | +€13,017 | +528% |
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 15 October 2026 via checked.be.