THERMEN CLAIREAURIK: 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.
THERMEN CLAIREAURIK
Largest movements
- Cash +€138,440
up €138,440 (+188%), from €73,461 to €211,901
mainly Net result for the year (+€294,980) and Depreciation (+€146,090)
- Receivables within one year +€58,251
up €58,251 (+4.0%), from €1.4m to €1.5m
of which Other amounts receivable: +€55,582
- Tangible fixed assets -€34,893
down €34,893 (-2.2%), from €1.6m to €1.6m
of which Land and buildings: -€77,228
- Profit (loss) carried forward +€300,328
up €300,328 (+38.3%), from -€784,043 to -€483,716
- Short-term financial debts -€43,489
down €43,489 (-13.6%), from €318,901 to €275,412
of which Other loans: -€43,489
- Debts after one year -€42,231
down €42,231 (-27.0%), from €156,447 to €114,216
- Other debts -€34,882
down €34,882 (-21.9%), from €159,146 to €124,264
- Depreciation +€26,930
up €26,930 (+22.6%), from €119,160 to €146,090
- Gross operating margin -€26,464
down €26,464 (-5.6%), from €474,403 to €447,939
- Financial income +€7,124
up €7,124 (+49,786%), from €14 to €7,139
- Financial charges -€5,037
down €5,037 (-35.0%), from €14,388 to €9,351
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 | €3,150,784 | €3,322,533 | +€171,749 | +5.5% |
| Fixed assets | 21/28 | €1,592,749 | €1,557,856 | -€34,893 | -2.2% |
| Tangible fixed assets | 22/27 | €1,592,749 | €1,557,856 | -€34,893 | -2.2% |
| Land and buildings | 22 | €1,347,951 | €1,270,724 | -€77,228 | -5.7% |
| Plant, machinery and equipment | 23 | €92,757 | €140,276 | +€47,519 | +51.2% |
| Furniture and vehicles | 24 | €140,807 | €136,129 | -€4,678 | -3.3% |
| Other tangible fixed assets | 26 | €11,235 | €10,729 | -€506 | -4.5% |
| Current assets | 29/58 | €1,558,034 | €1,764,676 | +€206,642 | +13.3% |
| Stocks and contracts in progress | 3 | €29,734 | €37,447 | +€7,713 | +25.9% |
| Stocks | 30/36 | €29,734 | €37,447 | +€7,713 | +25.9% |
| Amounts receivable within one year | 40/41 | €1,447,427 | €1,505,679 | +€58,251 | +4.0% |
| Trade receivables | 40 | €3,181 | €5,850 | +€2,669 | +83.9% |
| Other amounts receivable | 41 | €1,444,246 | €1,499,829 | +€55,582 | +3.8% |
| Cash at bank and in hand | 54/58 | €73,461 | €211,901 | +€138,440 | +188% |
| Deferred charges and accrued income | 490/1 | €7,413 | €9,650 | +€2,237 | +30.2% |
| Total equity and liabilities | 10/49 | €3,150,784 | €3,322,533 | +€171,749 | +5.5% |
| Equity | 10/15 | €2,428,385 | €2,716,284 | +€287,900 | +11.9% |
| Contributions | 10/11 | €3,200,000 | €3,200,000 | = | 0.0% |
| Reserves | 13 | €5,348 | - | -€5,348 | |
| Tax-exempt reserves | 132 | €5,348 | - | -€5,348 | |
| Profit (loss) carried forward | 14 | -€784,043 | -€483,716 | +€300,328 | +38.3% |
| Investment grants | 15 | €7,080 | - | -€7,080 | |
| Amounts payable | 17/49 | €722,399 | €606,248 | -€116,151 | -16.1% |
| Amounts payable after more than one year | 17 | €156,447 | €114,216 | -€42,231 | -27.0% |
| Financial debts | 170/4 | €156,447 | €114,216 | -€42,231 | -27.0% |
| Amounts payable within one year | 42/48 | €565,952 | €486,808 | -€79,144 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €56,723 | €73,687 | +€16,964 | +29.9% |
| Financial debts | 43 | €318,901 | €275,412 | -€43,489 | -13.6% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €318,901 | €275,412 | -€43,489 | -13.6% |
| Trade debts | 44 | €25,181 | €12,281 | -€12,899 | -51.2% |
| Suppliers | 440/4 | €25,181 | €12,281 | -€12,899 | -51.2% |
| Taxes, remuneration and social security | 45 | €6,001 | €1,163 | -€4,837 | -80.6% |
| Taxes | 450/3 | €6,001 | €1,163 | -€4,837 | -80.6% |
| Other amounts payable | 47/48 | €159,146 | €124,264 | -€34,882 | -21.9% |
| Accrued charges and deferred income | 492/3 | - | €5,224 | +€5,224 | |
| Remuneration, social security and pensions | 62 | €1,470 | €1,290 | -€180 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,160 | €146,090 | +€26,930 | +22.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,481 | - | -€4,481 | |
| Other operating charges | 640/8 | - | €2,705 | +€2,705 | |
| Gross operating margin | 9900 | €474,403 | €447,939 | -€26,464 | -5.6% |
| Operating profit (loss) | 9901 | €349,292 | €297,854 | -€51,437 | -14.7% |
| Financial income | 75/76B | €14 | €7,139 | +€7,124 | +49,786% |
| Recurring financial income | 75 | €14 | €7,139 | +€7,124 | +49,786% |
| Financial charges | 65/66B | €14,388 | €9,351 | -€5,037 | -35.0% |
| Recurring financial charges | 65 | €14,388 | €9,351 | -€5,037 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €334,918 | €295,642 | -€39,276 | -11.7% |
| Income taxes | 67/77 | €295 | €662 | +€367 | +125% |
| Profit (loss) for the period | 9904 | €334,623 | €294,980 | -€39,643 | -11.8% |
| Transfer from tax-exempt reserves | 789 | €4,786 | €5,348 | +€562 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €339,409 | €300,328 | -€39,081 | -11.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.