VOEGWERKEN CLAEYS: what changed
VOEGWERKEN CLAEYS
Largest movements
- Cash +€7,756
up €7,756 (+7.5%), from €103,547 to €111,303
mainly Depreciation (+€13,290) and Net result for the year (+€10,968)
- Tangible fixed assets -€4,014
down €4,014 (-3.7%), from €107,200 to €103,186
of which Furniture and vehicles: -€6,769
- Receivables within one year -€2,690
down €2,690 (-10.2%), from €26,333 to €23,642
of which Trade receivables: -€2,690
- Debts after one year -€6,828
down €6,828 (-35.0%), from €19,492 to €12,664
- Current portion of long-term debt -€5,312
down €5,312 (-43.8%), from €12,140 to €6,828
- Other debts +€4,978
up €4,978 (+24.8%), from €20,044 to €25,022
- Reserves +€4,968
up €4,968 (+3.2%), from €156,065 to €161,033
of which Distributable reserves: +€4,968
- Trade debts +€4,564
up €4,564 (+50.7%), from €9,010 to €13,574
- Staff costs -€15,634
down €15,634 (-100%), from €15,634 to €0
- Gross operating margin -€11,361
down €11,361 (-22.2%), from €51,194 to €39,834
- Other operating charges +€6,811
up €6,811 (+662%), from €1,029 to €7,840
- Taxes -€2,415
down €2,415 (-34.8%), from €6,950 to €4,535
- Financial charges +€622
up €622 (+21.5%), from €2,898 to €3,520
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,328 | €240,407 | +€1,078 | +0.5% |
| Fixed assets | 21/28 | €107,200 | €103,186 | -€4,014 | -3.7% |
| Tangible fixed assets | 22/27 | €107,200 | €103,186 | -€4,014 | -3.7% |
| Land and buildings | 22 | €80,995 | €84,420 | +€3,425 | +4.2% |
| Plant, machinery and equipment | 23 | €984 | €314 | -€670 | -68.1% |
| Furniture and vehicles | 24 | €25,220 | €18,452 | -€6,769 | -26.8% |
| Current assets | 29/58 | €132,129 | €137,221 | +€5,092 | +3.9% |
| Amounts receivable after more than one year | 29 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,333 | €23,642 | -€2,690 | -10.2% |
| Trade receivables | 40 | €26,333 | €23,642 | -€2,690 | -10.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €103,547 | €111,303 | +€7,756 | +7.5% |
| Deferred charges and accrued income | 490/1 | €1,249 | €1,276 | +€27 | +2.1% |
| Total equity and liabilities | 10/49 | €239,328 | €240,407 | +€1,078 | +0.5% |
| Equity | 10/15 | €174,665 | €179,633 | +€4,968 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,065 | €161,033 | +€4,968 | +3.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,717 | €2,717 | = | 0.0% |
| Distributable reserves | 133 | €153,348 | €158,316 | +€4,968 | +3.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €64,663 | €60,774 | -€3,890 | -6.0% |
| Amounts payable after more than one year | 17 | €19,492 | €12,664 | -€6,828 | -35.0% |
| Financial debts | 170/4 | €19,492 | €12,664 | -€6,828 | -35.0% |
| Amounts payable within one year | 42/48 | €45,171 | €48,110 | +€2,938 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €12,140 | €6,828 | -€5,312 | -43.8% |
| Trade debts | 44 | €9,010 | €13,574 | +€4,564 | +50.7% |
| Suppliers | 440/4 | €9,010 | €13,574 | +€4,564 | +50.7% |
| Taxes, remuneration and social security | 45 | €3,978 | €2,686 | -€1,292 | -32.5% |
| Taxes | 450/3 | €3,978 | €2,686 | -€1,292 | -32.5% |
| Other amounts payable | 47/48 | €20,044 | €25,022 | +€4,978 | +24.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €15,634 | €0 | -€15,634 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,821 | €13,290 | +€469 | +3.7% |
| Other operating charges | 640/8 | €1,029 | €7,840 | +€6,811 | +662% |
| Gross operating margin | 9900 | €51,194 | €39,834 | -€11,361 | -22.2% |
| Operating profit (loss) | 9901 | €21,711 | €18,703 | -€3,007 | -13.9% |
| Financial income | 75/76B | €215 | €320 | +€105 | +49.1% |
| Recurring financial income | 75 | €215 | €320 | +€105 | +49.1% |
| Financial charges | 65/66B | €2,898 | €3,520 | +€622 | +21.5% |
| Recurring financial charges | 65 | €2,898 | €3,520 | +€622 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €19,027 | €15,503 | -€3,524 | -18.5% |
| Income taxes | 67/77 | €6,950 | €4,535 | -€2,415 | -34.8% |
| Profit (loss) for the period | 9904 | €12,077 | €10,968 | -€1,109 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,077 | €10,968 | -€1,109 | -9.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.