CL-GO Management: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
CL-GO Management
Largest movements
- Receivables within one year -€27,967
down €27,967 (-52.4%), from €53,361 to €25,394
of which Trade receivables: -€30,010
- Cash -€1,116
down €1,116 (-6.4%), from €17,317 to €16,200
mainly Other debts (-€27,413) and Trade debts (-€21,579)
- Other debts -€27,413
down €27,413 (-78.9%), from €34,756 to €7,343
- Trade debts -€21,579
down €21,579 (-89.7%), from €24,063 to €2,484
- Profit (loss) carried forward +€12,707
up €12,707, from €0 to €12,707
- Tax, wage and social debts +€8,650
up €8,650 (+149%), from €5,811 to €14,461
of which Taxes: +€8,650
- Short-term financial debts -€1,350
no longer reported in 2025 (was €1,350)
- Gross operating margin -€8,805
down €8,805 (-31.0%), from €28,362 to €19,557
- Taxes -€2,848
down €2,848 (-42.8%), from €6,648 to €3,800
- Financial charges -€2,743
down €2,743 (-95.9%), from €2,859 to €116
- Other operating charges -€1,770
down €1,770 (-57.6%), from €3,073 to €1,303
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 | €85,230 | €55,595 | -€29,635 | -34.8% |
| Fixed assets | 21/28 | €13,348 | €12,871 | -€477 | -3.6% |
| Tangible fixed assets | 22/27 | €13,348 | €12,871 | -€477 | -3.6% |
| Land and buildings | 22 | €6,835 | €6,557 | -€278 | -4.1% |
| Furniture and vehicles | 24 | €2,637 | €2,654 | +€18 | +0.7% |
| Other tangible fixed assets | 26 | €3,876 | €3,660 | -€216 | -5.6% |
| Current assets | 29/58 | €71,883 | €42,724 | -€29,159 | -40.6% |
| Amounts receivable within one year | 40/41 | €53,361 | €25,394 | -€27,967 | -52.4% |
| Trade receivables | 40 | €44,612 | €14,602 | -€30,010 | -67.3% |
| Other amounts receivable | 41 | €8,749 | €10,792 | +€2,043 | +23.4% |
| Cash at bank and in hand | 54/58 | €17,317 | €16,200 | -€1,116 | -6.4% |
| Deferred charges and accrued income | 490/1 | €1,205 | €1,130 | -€75 | -6.2% |
| Total equity and liabilities | 10/49 | €85,230 | €55,595 | -€29,635 | -34.8% |
| Equity | 10/15 | €18,600 | €31,307 | +€12,707 | +68.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €12,707 | +€12,707 | |
| Amounts payable | 17/49 | €66,630 | €24,288 | -€42,342 | -63.5% |
| Amounts payable within one year | 42/48 | €65,980 | €24,288 | -€41,691 | -63.2% |
| Financial debts | 43 | €1,350 | - | -€1,350 | |
| Credit institutions | 430/8 | €1,350 | - | -€1,350 | |
| Trade debts | 44 | €24,063 | €2,484 | -€21,579 | -89.7% |
| Suppliers | 440/4 | €24,063 | €2,484 | -€21,579 | -89.7% |
| Taxes, remuneration and social security | 45 | €5,811 | €14,461 | +€8,650 | +149% |
| Taxes | 450/3 | €5,811 | €14,461 | +€8,650 | +149% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €34,756 | €7,343 | -€27,413 | -78.9% |
| Accrued charges and deferred income | 492/3 | €651 | - | -€651 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,529 | €1,632 | +€103 | +6.7% |
| Other operating charges | 640/8 | €3,073 | €1,303 | -€1,770 | -57.6% |
| Gross operating margin | 9900 | €28,362 | €19,557 | -€8,805 | -31.0% |
| Operating profit (loss) | 9901 | €23,761 | €16,623 | -€7,138 | -30.0% |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Financial charges | 65/66B | €2,859 | €116 | -€2,743 | -95.9% |
| Recurring financial charges | 65 | €2,859 | €116 | -€2,743 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €20,924 | €16,507 | -€4,417 | -21.1% |
| Income taxes | 67/77 | €6,648 | €3,800 | -€2,848 | -42.8% |
| Profit (loss) for the period | 9904 | €14,275 | €12,707 | -€1,569 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,275 | €12,707 | -€1,569 | -11.0% |
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 1 November 2026 via checked.be.