CAROLINE CLIJMANS: what changed
CAROLINE CLIJMANS
Largest movements
- Cash -€28,374
down €28,374 (-51.8%), from €54,800 to €26,426
mainly Contributions, distributions and other (-€30,833) and Other debts (-€16,955)
- Intangible fixed assets -€12,000
down €12,000 (-50.0%), from €24,000 to €12,000
- Other debts -€16,955
down €16,955 (-33.3%), from €50,898 to €33,943
- Reserves -€16,160
down €16,160 (-36.2%), from €44,590 to €28,429
of which Distributable reserves: -€15,906
- Tax, wage and social debts -€8,414
down €8,414 (-56.8%), from €14,813 to €6,400
- Trade debts +€1,818
up €1,818 (+136%), from €1,336 to €3,155
- Gross operating margin -€41,024
down €41,024 (-49.9%), from €82,255 to €41,230
- Taxes -€11,286
down €11,286 (-63.1%), from €17,874 to €6,588
- Depreciation +€1,277
up €1,277 (+7.9%), from €16,067 to €17,344
- Financial charges +€860
up €860 (+132%), from €653 to €1,513
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 | €130,237 | €90,526 | -€39,711 | -30.5% |
| Fixed assets | 21/28 | €39,291 | €27,288 | -€12,003 | -30.5% |
| Intangible fixed assets | 21 | €24,000 | €12,000 | -€12,000 | -50.0% |
| Tangible fixed assets | 22/27 | €15,291 | €15,288 | -€3 | 0.0% |
| Furniture and vehicles | 24 | €15,291 | €15,288 | -€3 | 0.0% |
| Current assets | 29/58 | €90,946 | €63,239 | -€27,708 | -30.5% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,597 | €25,131 | +€533 | +2.2% |
| Trade receivables | 40 | €22,196 | €19,718 | -€2,478 | -11.2% |
| Other amounts receivable | 41 | €2,401 | €5,412 | +€3,012 | +125% |
| Cash at bank and in hand | 54/58 | €54,800 | €26,426 | -€28,374 | -51.8% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,682 | +€133 | +8.6% |
| Total equity and liabilities | 10/49 | €130,237 | €90,526 | -€39,711 | -30.5% |
| Equity | 10/15 | €63,190 | €47,029 | -€16,160 | -25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,590 | €28,429 | -€16,160 | -36.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,606 | -€254 | -13.7% |
| Reserves not available under the articles | 1311 | €1,860 | €1,606 | -€254 | -13.7% |
| Distributable reserves | 133 | €42,730 | €26,824 | -€15,906 | -37.2% |
| Amounts payable | 17/49 | €67,047 | €43,497 | -€23,550 | -35.1% |
| Amounts payable within one year | 42/48 | €67,047 | €43,497 | -€23,550 | -35.1% |
| Trade debts | 44 | €1,336 | €3,155 | +€1,818 | +136% |
| Suppliers | 440/4 | €1,336 | €3,155 | +€1,818 | +136% |
| Taxes, remuneration and social security | 45 | €14,813 | €6,400 | -€8,414 | -56.8% |
| Taxes | 450/3 | €14,813 | €6,400 | -€8,414 | -56.8% |
| Other amounts payable | 47/48 | €50,898 | €33,943 | -€16,955 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,067 | €17,344 | +€1,277 | +7.9% |
| Other operating charges | 640/8 | €1,227 | €1,273 | +€46 | +3.8% |
| Gross operating margin | 9900 | €82,255 | €41,230 | -€41,024 | -49.9% |
| Operating profit (loss) | 9901 | €64,961 | €22,613 | -€42,347 | -65.2% |
| Financial income | 75/76B | €4 | €160 | +€156 | +3,891% |
| Recurring financial income | 75 | €4 | €160 | +€156 | +3,891% |
| Financial charges | 65/66B | €653 | €1,513 | +€860 | +132% |
| Recurring financial charges | 65 | €653 | €1,513 | +€860 | +132% |
| Profit (loss) for the period before taxes | 9903 | €64,312 | €21,260 | -€43,052 | -66.9% |
| Income taxes | 67/77 | €17,874 | €6,588 | -€11,286 | -63.1% |
| Profit (loss) for the period | 9904 | €46,438 | €14,673 | -€31,765 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,438 | €14,673 | -€31,765 | -68.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.