CLADELA: 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.
CLADELA
Largest movements
- Cash -€6,986
down €6,986 (-75.3%), from €9,272 to €2,287
mainly Trade debts (-€9,188) and Other debts (-€8,687)
- Tangible fixed assets -€5,375
down €5,375 (-41.1%), from €13,081 to €7,707
of which Plant, machinery and equipment: -€3,904
- Stocks and contracts -€1,866
down €1,866 (-2.3%), from €81,717 to €79,850
- Trade debts -€9,188
down €9,188 (-54.8%), from €16,779 to €7,591
- Other debts -€8,687
down €8,687 (-30.5%), from €28,517 to €19,830
- Profit (loss) carried forward +€3,246
up €3,246 (+3.0%), from -€108,971 to -€105,724
- Gross operating margin -€1,173
down €1,173 (-10.0%), from €11,720 to €10,547
- Depreciation +€954
up €954 (+21.9%), from €4,353 to €5,307
- Financial charges +€303
up €303 (+62.9%), from €482 to €785
- Other operating charges -€230
down €230 (-17.4%), from €1,322 to €1,092
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 | €109,581 | €95,354 | -€14,227 | -13.0% |
| Fixed assets | 21/28 | €13,081 | €7,707 | -€5,375 | -41.1% |
| Tangible fixed assets | 22/27 | €13,081 | €7,707 | -€5,375 | -41.1% |
| Land and buildings | 22 | €4,829 | €3,857 | -€972 | -20.1% |
| Plant, machinery and equipment | 23 | €7,397 | €3,493 | -€3,904 | -52.8% |
| Furniture and vehicles | 24 | €855 | €357 | -€498 | -58.2% |
| Current assets | 29/58 | €96,500 | €87,647 | -€8,852 | -9.2% |
| Stocks and contracts in progress | 3 | €81,717 | €79,850 | -€1,866 | -2.3% |
| Stocks | 30/36 | €81,717 | €79,850 | -€1,866 | -2.3% |
| Amounts receivable within one year | 40/41 | €5,510 | €5,510 | -€0 | 0.0% |
| Trade receivables | 40 | €5,510 | €5,442 | -€68 | -1.2% |
| Other amounts receivable | 41 | - | €68 | +€68 | |
| Cash at bank and in hand | 54/58 | €9,272 | €2,287 | -€6,986 | -75.3% |
| Total equity and liabilities | 10/49 | €109,581 | €95,354 | -€14,227 | -13.0% |
| Equity | 10/15 | -€88,971 | -€85,724 | +€3,246 | +3.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,971 | -€105,724 | +€3,246 | +3.0% |
| Amounts payable | 17/49 | €198,552 | €181,078 | -€17,474 | -8.8% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,552 | €31,078 | -€17,474 | -36.0% |
| Trade debts | 44 | €16,779 | €7,591 | -€9,188 | -54.8% |
| Suppliers | 440/4 | €16,779 | €7,591 | -€9,188 | -54.8% |
| Taxes, remuneration and social security | 45 | €3,256 | €3,657 | +€401 | +12.3% |
| Taxes | 450/3 | €3,256 | €3,263 | +€7 | +0.2% |
| Remuneration and social security | 454/9 | - | €395 | +€395 | |
| Other amounts payable | 47/48 | €28,517 | €19,830 | -€8,687 | -30.5% |
| Non-recurring operating income | 76A | €300 | €4,094 | +€3,794 | +1,265% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,353 | €5,307 | +€954 | +21.9% |
| Other operating charges | 640/8 | €1,322 | €1,092 | -€230 | -17.4% |
| Gross operating margin | 9900 | €11,720 | €10,547 | -€1,173 | -10.0% |
| Operating profit (loss) | 9901 | €6,045 | €4,148 | -€1,897 | -31.4% |
| Financial income | 75/76B | €12 | €51 | +€39 | +321% |
| Recurring financial income | 75 | €12 | €51 | +€39 | +321% |
| Financial charges | 65/66B | €482 | €785 | +€303 | +62.9% |
| Recurring financial charges | 65 | €482 | €785 | +€303 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | €5,575 | €3,414 | -€2,161 | -38.8% |
| Income taxes | 67/77 | €167 | €167 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | €5,408 | €3,246 | -€2,161 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,408 | €3,246 | -€2,161 | -40.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.