C-lever.org: 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.
C-lever.org
Largest movements
- Receivables within one year -€256,915
down €256,915 (-79.4%), from €323,638 to €66,723
of which Trade receivables: -€243,797
- Cash +€117,967
up €117,967 (+54.2%), from €217,795 to €335,762
mainly Receivables within one year (+€256,915) and Depreciation (+€7,338)
- Intangible fixed assets -€7,338
down €7,338 (-62.0%), from €11,838 to €4,500
- Trade debts -€124,124
down €124,124 (-73.3%), from €169,256 to €45,132
- Tax, wage and social debts -€24,997
no longer reported in 2025 (was €24,997)
of which Remuneration and social security: -€17,347
- Staff costs -€57,494
down €57,494 (-92.1%), from €62,394 to €4,900
- Gross operating margin -€44,479
down €44,479 (-61.5%), from €72,302 to €27,823
- Financial charges +€7,201
up €7,201 (+322%), from €2,235 to €9,436
- Write-downs +€4,004
new in 2025: €4,004
- Depreciation -€1,568
down €1,568 (-17.6%), from €8,906 to €7,338
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 | €556,912 | €410,626 | -€146,286 | -26.3% |
| Fixed assets | 21/28 | €12,979 | €5,641 | -€7,338 | -56.5% |
| Intangible fixed assets | 21 | €11,838 | €4,500 | -€7,338 | -62.0% |
| Financial fixed assets | 28 | €1,141 | €1,141 | = | 0.0% |
| Current assets | 29/58 | €543,933 | €404,985 | -€138,948 | -25.5% |
| Amounts receivable within one year | 40/41 | €323,638 | €66,723 | -€256,915 | -79.4% |
| Trade receivables | 40 | €243,797 | - | -€243,797 | |
| Other amounts receivable | 41 | €79,840 | €66,723 | -€13,117 | -16.4% |
| Current investments | 50/53 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,795 | €335,762 | +€117,967 | +54.2% |
| Total equity and liabilities | 10/49 | €556,912 | €410,626 | -€146,286 | -26.3% |
| Equity | 10/15 | €362,659 | €363,994 | +€1,335 | +0.4% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €136,906 | €136,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,753 | €2,753 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,753 | €2,753 | = | 0.0% |
| Distributable reserves | 133 | €134,153 | €134,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | €753 | €2,089 | +€1,335 | +177% |
| Amounts payable | 17/49 | €194,253 | €46,632 | -€147,621 | -76.0% |
| Amounts payable within one year | 42/48 | €194,253 | €46,632 | -€147,621 | -76.0% |
| Trade debts | 44 | €169,256 | €45,132 | -€124,124 | -73.3% |
| Suppliers | 440/4 | €169,256 | €45,132 | -€124,124 | -73.3% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | €24,997 | - | -€24,997 | |
| Taxes | 450/3 | €7,650 | - | -€7,650 | |
| Remuneration and social security | 454/9 | €17,347 | - | -€17,347 | |
| Remuneration, social security and pensions | 62 | €62,394 | €4,900 | -€57,494 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,906 | €7,338 | -€1,568 | -17.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,004 | +€4,004 | |
| Other operating charges | 640/8 | €883 | €1,365 | +€482 | +54.5% |
| Gross operating margin | 9900 | €72,302 | €27,823 | -€44,479 | -61.5% |
| Operating profit (loss) | 9901 | €119 | €10,217 | +€10,098 | +8,501% |
| Financial income | 75/76B | €2,307 | €1,344 | -€963 | -41.8% |
| Recurring financial income | 75 | €2,307 | €1,344 | -€963 | -41.8% |
| Financial charges | 65/66B | €2,235 | €9,436 | +€7,201 | +322% |
| Recurring financial charges | 65 | €2,235 | €9,436 | +€7,201 | +322% |
| Profit (loss) for the period before taxes | 9903 | €190 | €2,125 | +€1,934 | +1,016% |
| Income taxes | 67/77 | €152 | €789 | +€637 | +419% |
| Profit (loss) for the period | 9904 | €38 | €1,335 | +€1,297 | +3,385% |
| Profit (loss) for the period to be appropriated | 9905 | €38 | €1,335 | +€1,297 | +3,385% |
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 19 October 2026 via checked.be.