CL2: 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.
CL2
Largest movements
- Current investments -€307,493
down €307,493 (-100.0%), from €307,493 to €0
- Tangible fixed assets -€37,716
down €37,716 (-8.8%), from €427,173 to €389,457
of which Land and buildings: -€40,687
- Other debts -€252,992
down €252,992 (-65.1%), from €388,811 to €135,819
- Tax, wage and social debts -€35,167
down €35,167 (-66.7%), from €52,722 to €17,555
of which Taxes: -€31,617
- Debts after one year -€31,069
down €31,069 (-47.4%), from €65,553 to €34,484
of which Financial debts: -€31,069
- Reserves -€10,000
down €10,000 (-7.4%), from €135,000 to €125,000
of which Distributable reserves: -€10,000
- Gross operating margin +€32,981
up €32,981 (+64.0%), from €51,568 to €84,548
- Financial income -€8,178
no longer reported in 2025 (was €8,178)
- Other operating charges -€4,799
down €4,799 (-46.0%), from €10,429 to €5,630
- Taxes -€1,360
down €1,360, from €991 to -€369
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 | €856,102 | €518,807 | -€337,296 | -39.4% |
| Fixed assets | 21/28 | €427,173 | €391,457 | -€35,716 | -8.4% |
| Tangible fixed assets | 22/27 | €427,173 | €389,457 | -€37,716 | -8.8% |
| Land and buildings | 22 | €427,173 | €386,486 | -€40,687 | -9.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €2,971 | +€2,971 | |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €428,929 | €127,349 | -€301,580 | -70.3% |
| Amounts receivable within one year | 40/41 | €62,996 | €66,494 | +€3,498 | +5.6% |
| Trade receivables | 40 | €61,045 | €58,329 | -€2,716 | -4.4% |
| Other amounts receivable | 41 | €1,952 | €8,165 | +€6,213 | +318.3% |
| Current investments | 50/53 | €307,493 | €0 | -€307,493 | -100.0% |
| Cash at bank and in hand | 54/58 | €53,381 | €55,680 | +€2,300 | +4.3% |
| Deferred charges and accrued income | 490/1 | €5,059 | €5,175 | +€116 | +2.3% |
| Total equity and liabilities | 10/49 | €856,102 | €518,807 | -€337,296 | -39.4% |
| Equity | 10/15 | €334,474 | €322,171 | -€12,304 | -3.7% |
| Contributions | 10/11 | €194,567 | €194,567 | = | 0.0% |
| Reserves | 13 | €135,000 | €125,000 | -€10,000 | -7.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €130,000 | €120,000 | -€10,000 | -7.7% |
| Profit (loss) carried forward | 14 | €4,908 | €2,604 | -€2,304 | -46.9% |
| Amounts payable | 17/49 | €521,628 | €196,636 | -€324,992 | -62.3% |
| Amounts payable after more than one year | 17 | €65,553 | €34,484 | -€31,069 | -47.4% |
| Financial debts | 170/4 | €65,553 | €34,484 | -€31,069 | -47.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €454,211 | €160,529 | -€293,682 | -64.7% |
| Current portion of amounts payable after more than one year | 42 | €10,131 | €6,909 | -€3,221 | -31.8% |
| Trade debts | 44 | €2,547 | €246 | -€2,302 | -90.4% |
| Suppliers | 440/4 | €2,547 | €246 | -€2,302 | -90.4% |
| Taxes, remuneration and social security | 45 | €52,722 | €17,555 | -€35,167 | -66.7% |
| Taxes | 450/3 | €39,236 | €7,619 | -€31,617 | -80.6% |
| Remuneration and social security | 454/9 | €13,486 | €9,937 | -€3,550 | -26.3% |
| Other amounts payable | 47/48 | €388,811 | €135,819 | -€252,992 | -65.1% |
| Accrued charges and deferred income | 492/3 | €1,864 | €1,622 | -€241 | -13.0% |
| Remuneration, social security and pensions | 62 | €44,380 | €44,995 | +€615 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,778 | €40,846 | +€68 | +0.2% |
| Other operating charges | 640/8 | €10,429 | €5,630 | -€4,799 | -46.0% |
| Gross operating margin | 9900 | €51,568 | €84,548 | +€32,981 | +64.0% |
| Operating profit (loss) | 9901 | -€44,019 | -€6,922 | +€37,097 | +84.3% |
| Financial income | 75/76B | €8,178 | - | -€8,178 | |
| Recurring financial income | 75 | €8,178 | - | -€8,178 | |
| Financial charges | 65/66B | €6,411 | €5,750 | -€661 | -10.3% |
| Recurring financial charges | 65 | €6,411 | €5,750 | -€661 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,252 | -€12,672 | +€29,580 | +70.0% |
| Income taxes | 67/77 | €991 | -€369 | -€1,360 | |
| Profit (loss) for the period | 9904 | -€43,243 | -€12,304 | +€30,940 | +71.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,243 | -€12,304 | +€30,940 | +71.5% |
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 6 October 2026 via checked.be.