CLADESC: 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.
CLADESC
Largest movements
- Cash -€40,460
down €40,460 (-54.7%), from €73,947 to €33,487
mainly Contributions, distributions and other (-€74,290) and Tax, wage and social debts (-€7,832)
- Tangible fixed assets +€4,496
up €4,496 (+464.7%), from €967 to €5,463
of which Furniture and vehicles: +€4,668
- Receivables within one year -€1,448
down €1,448 (-21.3%), from €6,811 to €5,363
- Profit (loss) carried forward -€57,499
no longer reported in 2025 (was €57,499)
- Other debts +€28,607
up €28,607 (+108.2%), from €26,441 to €55,048
- Tax, wage and social debts -€7,832
no longer reported in 2025 (was €7,832)
- Gross operating margin -€17,614
down €17,614 (-43.4%), from €40,629 to €23,015
- Taxes -€3,529
down €3,529 (-43.1%), from €8,189 to €4,659
- Other operating charges -€622
down €622 (-56.7%), from €1,096 to €475
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 | €95,140 | €57,744 | -€37,396 | -39.3% |
| Fixed assets | 21/28 | €967 | €5,463 | +€4,496 | +464.7% |
| Tangible fixed assets | 22/27 | €967 | €5,463 | +€4,496 | +464.7% |
| Plant, machinery and equipment | 23 | €259 | €86 | -€173 | -66.7% |
| Furniture and vehicles | 24 | €708 | €5,377 | +€4,668 | +659.1% |
| Current assets | 29/58 | €94,173 | €52,281 | -€41,892 | -44.5% |
| Amounts receivable within one year | 40/41 | €6,811 | €5,363 | -€1,448 | -21.3% |
| Other amounts receivable | 41 | €6,811 | €5,363 | -€1,448 | -21.3% |
| Cash at bank and in hand | 54/58 | €73,947 | €33,487 | -€40,460 | -54.7% |
| Deferred charges and accrued income | 490/1 | €13,414 | €13,430 | +€17 | +0.1% |
| Total equity and liabilities | 10/49 | €95,140 | €57,744 | -€37,396 | -39.3% |
| Equity | 10/15 | €59,499 | €2,000 | -€57,499 | -96.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,499 | - | -€57,499 | |
| Amounts payable | 17/49 | €35,641 | €55,744 | +€20,103 | +56.4% |
| Amounts payable within one year | 42/48 | €35,641 | €55,744 | +€20,103 | +56.4% |
| Trade debts | 44 | €1,368 | €696 | -€672 | -49.1% |
| Suppliers | 440/4 | €1,368 | €696 | -€672 | -49.1% |
| Taxes, remuneration and social security | 45 | €7,832 | - | -€7,832 | |
| Taxes | 450/3 | €7,832 | - | -€7,832 | |
| Other amounts payable | 47/48 | €26,441 | €55,048 | +€28,607 | +108.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603 | €876 | +€274 | +45.4% |
| Other operating charges | 640/8 | €1,096 | €475 | -€622 | -56.7% |
| Gross operating margin | 9900 | €40,629 | €23,015 | -€17,614 | -43.4% |
| Operating profit (loss) | 9901 | €38,930 | €21,664 | -€17,266 | -44.4% |
| Financial income | 75/76B | €87 | - | -€87 | |
| Recurring financial income | 75 | €87 | - | -€87 | |
| Financial charges | 65/66B | €215 | €214 | -€1 | -0.5% |
| Recurring financial charges | 65 | €215 | €214 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €38,802 | €21,450 | -€17,352 | -44.7% |
| Income taxes | 67/77 | €8,189 | €4,659 | -€3,529 | -43.1% |
| Profit (loss) for the period | 9904 | €30,613 | €16,790 | -€13,823 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,613 | €16,790 | -€13,823 | -45.2% |
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 7 October 2026 via checked.be.