Verwarming Claes: 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.
Verwarming Claes
Largest movements
- Tangible fixed assets +€74,792
up €74,792 (+65.5%), from €114,204 to €188,996
of which Furniture and vehicles: +€90,896
- Cash +€24,709
up €24,709 (+8.7%), from €284,238 to €308,947
mainly Other debts (+€82,764) and Net result for the year (+€31,578)
- Receivables within one year +€10,242
up €10,242 (+9.9%), from €103,971 to €114,213
of which Trade receivables: +€13,630
- Other debts +€82,764
up €82,764 (+26,575%), from €311 to €83,075
- Reserves -€48,490
down €48,490 (-13.1%), from €370,044 to €321,555
of which Distributable reserves: -€46,490
- Debts after one year +€31,187
up €31,187 (+48.2%), from €64,731 to €95,918
- Tax, wage and social debts +€22,632
up €22,632 (+479%), from €4,728 to €27,359
of which Taxes: +€19,211
- Current portion of long-term debt +€15,204
up €15,204 (+72.6%), from €20,944 to €36,147
- Gross operating margin +€75,328
up €75,328 (+108%), from €70,027 to €145,355
- Staff costs +€15,928
up €15,928 (+31.0%), from €51,353 to €67,281
- Taxes +€13,375
up €13,375 (+32,439%), from €41 to €13,416
- Depreciation +€10,574
up €10,574 (+64.2%), from €16,462 to €27,036
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 | €509,327 | €620,117 | +€110,790 | +21.8% |
| Fixed assets | 21/28 | €114,204 | €188,996 | +€74,792 | +65.5% |
| Tangible fixed assets | 22/27 | €114,204 | €188,996 | +€74,792 | +65.5% |
| Land and buildings | 22 | €105,954 | €94,138 | -€11,816 | -11.2% |
| Furniture and vehicles | 24 | €1,016 | €91,912 | +€90,896 | +8,945% |
| Leasing and similar rights | 25 | €7,233 | €2,945 | -€4,288 | -59.3% |
| Current assets | 29/58 | €395,124 | €431,121 | +€35,998 | +9.1% |
| Stocks and contracts in progress | 3 | €4,700 | €4,700 | = | 0.0% |
| Stocks | 30/36 | €4,700 | €4,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,971 | €114,213 | +€10,242 | +9.9% |
| Trade receivables | 40 | €95,159 | €108,788 | +€13,630 | +14.3% |
| Other amounts receivable | 41 | €8,812 | €5,424 | -€3,388 | -38.4% |
| Cash at bank and in hand | 54/58 | €284,238 | €308,947 | +€24,709 | +8.7% |
| Deferred charges and accrued income | 490/1 | €2,215 | €3,261 | +€1,047 | +47.3% |
| Total equity and liabilities | 10/49 | €509,327 | €620,117 | +€110,790 | +21.8% |
| Equity | 10/15 | €377,044 | €328,555 | -€48,490 | -12.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €370,044 | €321,555 | -€48,490 | -13.1% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €368,044 | €321,555 | -€46,490 | -12.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €132,283 | €291,563 | +€159,280 | +120% |
| Amounts payable after more than one year | 17 | €64,731 | €95,918 | +€31,187 | +48.2% |
| Financial debts | 170/4 | €64,731 | €95,918 | +€31,187 | +48.2% |
| Amounts payable within one year | 42/48 | €63,952 | €192,045 | +€128,093 | +200% |
| Current portion of amounts payable after more than one year | 42 | €20,944 | €36,147 | +€15,204 | +72.6% |
| Trade debts | 44 | €37,969 | €45,463 | +€7,494 | +19.7% |
| Suppliers | 440/4 | €37,969 | €45,463 | +€7,494 | +19.7% |
| Taxes, remuneration and social security | 45 | €4,728 | €27,359 | +€22,632 | +479% |
| Taxes | 450/3 | €1,306 | €20,517 | +€19,211 | +1,471% |
| Remuneration and social security | 454/9 | €3,422 | €6,843 | +€3,421 | +100.0% |
| Other amounts payable | 47/48 | €311 | €83,075 | +€82,764 | +26,575% |
| Accrued charges and deferred income | 492/3 | €3,600 | €3,600 | = | 0.0% |
| Non-recurring operating income | 76A | €21,808 | €207 | -€21,602 | -99.1% |
| Remuneration, social security and pensions | 62 | €51,353 | €67,281 | +€15,928 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,462 | €27,036 | +€10,574 | +64.2% |
| Other operating charges | 640/8 | €3,034 | €3,847 | +€813 | +26.8% |
| Gross operating margin | 9900 | €70,027 | €145,355 | +€75,328 | +108% |
| Operating profit (loss) | 9901 | -€822 | €47,191 | +€48,013 | |
| Financial income | 75/76B | €411 | €1,397 | +€986 | +240% |
| Recurring financial income | 75 | €411 | €1,397 | +€986 | +240% |
| Financial charges | 65/66B | €2,323 | €3,594 | +€1,271 | +54.7% |
| Recurring financial charges | 65 | €2,323 | €3,594 | +€1,271 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,735 | €44,994 | +€47,728 | |
| Income taxes | 67/77 | €41 | €13,416 | +€13,375 | +32,439% |
| Profit (loss) for the period | 9904 | -€2,776 | €31,578 | +€34,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,776 | €31,578 | +€34,354 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.