CL-Systems: what changed
Two fiscal 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.
CL-Systems
Largest movements
- Stocks and contracts +€20,197
up €20,197 (+76.7%), from €26,315 to €46,511
of which Stocks: +€20,197
- Tangible fixed assets -€6,289
down €6,289 (-25.4%), from €24,721 to €18,432
of which Leasing and similar rights: -€5,640
- Receivables within one year +€5,236
up €5,236 (+30.6%), from €17,133 to €22,369
of which Trade receivables: +€4,319
- Cash +€3,200
up €3,200 (+10.5%), from €30,341 to €33,540
mainly Net result for the year (+€32,248) and Depreciation (+€7,568)
- Reserves +€32,248
up €32,248 (+52.0%), from €62,038 to €94,286
- Trade debts -€7,118
down €7,118 (-76.0%), from €9,368 to €2,250
- Debts after one year -€5,858
down €5,858 (-33.6%), from €17,449 to €11,591
of which Financial debts: -€5,858
- Tax, wage and social debts +€2,689
up €2,689 (+272.8%), from €986 to €3,675
of which Remuneration and social security: +€2,075
- Gross operating margin +€4,615
up €4,615 (+10.0%), from €46,265 to €50,881
- Taxes +€803
up €803 (+10.5%), from €7,660 to €8,463
- Financial charges -€722
down €722 (-24.7%), from €2,923 to €2,201
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.
Cash bridge derived
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 | €100,518 | €122,972 | +€22,453 | +22.3% |
| Fixed assets | 21/28 | €24,721 | €18,432 | -€6,289 | -25.4% |
| Tangible fixed assets | 22/27 | €24,721 | €18,432 | -€6,289 | -25.4% |
| Land and buildings | 22 | €385 | €335 | -€50 | -13.0% |
| Plant, machinery and equipment | 23 | €1,966 | €1,905 | -€62 | -3.1% |
| Furniture and vehicles | 24 | €4,045 | €3,508 | -€537 | -13.3% |
| Leasing and similar rights | 25 | €18,325 | €12,685 | -€5,640 | -30.8% |
| Current assets | 29/58 | €75,797 | €104,539 | +€28,742 | +37.9% |
| Stocks and contracts in progress | 3 | €26,315 | €46,511 | +€20,197 | +76.7% |
| Stocks | 30/36 | €21,161 | €41,357 | +€20,197 | +95.4% |
| Contracts in progress | 37 | €5,154 | €5,154 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,133 | €22,369 | +€5,236 | +30.6% |
| Trade receivables | 40 | €15,789 | €20,108 | +€4,319 | +27.4% |
| Other amounts receivable | 41 | €1,344 | €2,261 | +€917 | +68.2% |
| Cash at bank and in hand | 54/58 | €30,341 | €33,540 | +€3,200 | +10.5% |
| Deferred charges and accrued income | 490/1 | €2,009 | €2,119 | +€110 | +5.5% |
| Total equity and liabilities | 10/49 | €100,518 | €122,972 | +€22,453 | +22.3% |
| Equity | 10/15 | €64,038 | €96,286 | +€32,248 | +50.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €62,038 | €94,286 | +€32,248 | +52.0% |
| Distributable reserves | 133 | €62,038 | €94,286 | +€32,248 | +52.0% |
| Amounts payable | 17/49 | €36,480 | €26,686 | -€9,794 | -26.8% |
| Amounts payable after more than one year | 17 | €17,449 | €11,591 | -€5,858 | -33.6% |
| Financial debts | 170/4 | €12,449 | €6,591 | -€5,858 | -47.1% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,630 | €14,340 | -€4,290 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €4,529 | €5,443 | +€914 | +20.2% |
| Trade debts | 44 | €9,368 | €2,250 | -€7,118 | -76.0% |
| Suppliers | 440/4 | €9,368 | €2,250 | -€7,118 | -76.0% |
| Taxes, remuneration and social security | 45 | €986 | €3,675 | +€2,689 | +272.8% |
| Taxes | 450/3 | €986 | €1,600 | +€614 | +62.3% |
| Remuneration and social security | 454/9 | - | €2,075 | +€2,075 | |
| Other amounts payable | 47/48 | €3,746 | €2,972 | -€775 | -20.7% |
| Accrued charges and deferred income | 492/3 | €401 | €755 | +€354 | +88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,169 | €7,568 | +€399 | +5.6% |
| Other operating charges | 640/8 | €370 | €821 | +€451 | +121.8% |
| Gross operating margin | 9900 | €46,265 | €50,881 | +€4,615 | +10.0% |
| Operating profit (loss) | 9901 | €38,726 | €42,492 | +€3,766 | +9.7% |
| Financial income | 75/76B | €662 | €420 | -€242 | -36.6% |
| Recurring financial income | 75 | €662 | €420 | -€242 | -36.6% |
| Financial charges | 65/66B | €2,923 | €2,201 | -€722 | -24.7% |
| Recurring financial charges | 65 | €2,923 | €2,201 | -€722 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €36,465 | €40,711 | +€4,245 | +11.6% |
| Income taxes | 67/77 | €7,660 | €8,463 | +€803 | +10.5% |
| Profit (loss) for the period | 9904 | €28,805 | €32,248 | +€3,442 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,805 | €32,248 | +€3,442 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.