CLADA: 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.
CLADA
Largest movements
- Deferred charges and accrued income +€11,574
up €11,574 (+888%), from €1,303 to €12,878
- Stocks and contracts +€4,000
up €4,000 (+19.1%), from €20,950 to €24,950
- Receivables within one year +€3,592
up €3,592 (+11.8%), from €30,438 to €34,030
of which Trade receivables: +€3,592
- Other debts +€15,579
up €15,579 (+65.1%), from €23,946 to €39,525
- Trade debts +€4,048
up €4,048 (+179%), from €2,263 to €6,311
- Tax, wage and social debts +€1,400
up €1,400 (+3.9%), from €35,522 to €36,921
of which Taxes: +€2,522
- Staff costs -€5,468
down €5,468 (-47.8%), from €11,444 to €5,976
- Depreciation +€3,180
new in 2025: €3,180
- Financial charges -€1,484
down €1,484 (-46.3%), from €3,207 to €1,723
- Taxes -€1,366
down €1,366 (-90.7%), from €1,507 to €141
- Gross operating margin -€1,328
down €1,328 (-8.6%), from €15,466 to €14,138
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 | €111,446 | €131,870 | +€20,425 | +18.3% |
| Fixed assets | 21/28 | €8,907 | €9,303 | +€396 | +4.4% |
| Tangible fixed assets | 22/27 | €7,488 | €7,883 | +€396 | +5.3% |
| Plant, machinery and equipment | 23 | €3,059 | €3,139 | +€80 | +2.6% |
| Furniture and vehicles | 24 | €4,429 | €4,744 | +€315 | +7.1% |
| Financial fixed assets | 28 | €1,420 | €1,420 | = | 0.0% |
| Current assets | 29/58 | €102,538 | €122,568 | +€20,029 | +19.5% |
| Stocks and contracts in progress | 3 | €20,950 | €24,950 | +€4,000 | +19.1% |
| Stocks | 30/36 | €20,950 | €24,950 | +€4,000 | +19.1% |
| Amounts receivable within one year | 40/41 | €30,438 | €34,030 | +€3,592 | +11.8% |
| Trade receivables | 40 | €30,408 | €34,000 | +€3,592 | +11.8% |
| Other amounts receivable | 41 | €30 | €30 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,846 | €50,710 | +€863 | +1.7% |
| Deferred charges and accrued income | 490/1 | €1,303 | €12,878 | +€11,574 | +888% |
| Total equity and liabilities | 10/49 | €111,446 | €131,870 | +€20,425 | +18.3% |
| Equity | 10/15 | €49,715 | €49,114 | -€601 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,115 | €30,514 | -€601 | -1.9% |
| Distributable reserves | 133 | €31,115 | €30,514 | -€601 | -1.9% |
| Amounts payable | 17/49 | €61,731 | €82,757 | +€21,026 | +34.1% |
| Amounts payable within one year | 42/48 | €61,731 | €82,757 | +€21,026 | +34.1% |
| Trade debts | 44 | €2,263 | €6,311 | +€4,048 | +179% |
| Suppliers | 440/4 | €2,263 | €6,311 | +€4,048 | +179% |
| Taxes, remuneration and social security | 45 | €35,522 | €36,921 | +€1,400 | +3.9% |
| Taxes | 450/3 | €10,860 | €13,382 | +€2,522 | +23.2% |
| Remuneration and social security | 454/9 | €24,662 | €23,540 | -€1,122 | -4.6% |
| Other amounts payable | 47/48 | €23,946 | €39,525 | +€15,579 | +65.1% |
| Remuneration, social security and pensions | 62 | €11,444 | €5,976 | -€5,468 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,180 | +€3,180 | |
| Other operating charges | 640/8 | €2,721 | €3,728 | +€1,008 | +37.0% |
| Gross operating margin | 9900 | €15,466 | €14,138 | -€1,328 | -8.6% |
| Operating profit (loss) | 9901 | €1,301 | €1,254 | -€47 | -3.6% |
| Financial income | 75/76B | €9 | €9 | +€0 | +4.6% |
| Recurring financial income | 75 | €9 | €9 | +€0 | +4.6% |
| Financial charges | 65/66B | €3,207 | €1,723 | -€1,484 | -46.3% |
| Recurring financial charges | 65 | €3,207 | €1,723 | -€1,484 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,897 | -€460 | +€1,437 | +75.7% |
| Income taxes | 67/77 | €1,507 | €141 | -€1,366 | -90.7% |
| Profit (loss) for the period | 9904 | -€3,405 | -€601 | +€2,803 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,405 | -€601 | +€2,803 | +82.3% |
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 14 October 2026 via checked.be.