CLAMAD: 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.
CLAMAD
Largest movements
- Deferred charges and accrued income +€19,200
new in 2025: €19,200
- Receivables within one year -€9,054
down €9,054 (-14.9%), from €60,678 to €51,624
of which Trade receivables: -€43,423
- Cash +€1,344
up €1,344 (+93.3%), from €1,440 to €2,785
mainly Receivables within one year (+€9,054) and Trade debts (+€5,806)
- Trade debts +€5,806
up €5,806 (+60.3%), from €9,623 to €15,429
- Profit (loss) carried forward +€5,685
up €5,685 (+16.8%), from €33,896 to €39,580
- Gross operating margin -€2,551
down €2,551 (-24.8%), from €10,283 to €7,732
- Other operating charges +€1,050
new in 2025: €1,050
- Taxes +€997
new in 2025: €997
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 | €62,119 | €73,609 | +€11,490 | +18.5% |
| Current assets | 29/58 | €62,119 | €73,609 | +€11,490 | +18.5% |
| Amounts receivable within one year | 40/41 | €60,678 | €51,624 | -€9,054 | -14.9% |
| Trade receivables | 40 | €46,148 | €2,725 | -€43,423 | -94.1% |
| Other amounts receivable | 41 | €14,530 | €48,899 | +€34,369 | +236.5% |
| Cash at bank and in hand | 54/58 | €1,440 | €2,785 | +€1,344 | +93.3% |
| Deferred charges and accrued income | 490/1 | - | €19,200 | +€19,200 | |
| Total equity and liabilities | 10/49 | €62,119 | €73,609 | +€11,490 | +18.5% |
| Equity | 10/15 | €52,496 | €58,180 | +€5,685 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,896 | €39,580 | +€5,685 | +16.8% |
| Amounts payable | 17/49 | €9,623 | €15,429 | +€5,806 | +60.3% |
| Amounts payable within one year | 42/48 | €9,623 | €15,429 | +€5,806 | +60.3% |
| Trade debts | 44 | €9,623 | €15,429 | +€5,806 | +60.3% |
| Suppliers | 440/4 | €9,623 | €15,429 | +€5,806 | +60.3% |
| Other operating charges | 640/8 | - | €1,050 | +€1,050 | |
| Gross operating margin | 9900 | €10,283 | €7,732 | -€2,551 | -24.8% |
| Operating profit (loss) | 9901 | €10,283 | €6,682 | -€3,601 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €10,283 | €6,682 | -€3,601 | -35.0% |
| Income taxes | 67/77 | - | €997 | +€997 | |
| Profit (loss) for the period | 9904 | €10,283 | €5,685 | -€4,599 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,283 | €5,685 | -€4,599 | -44.7% |
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 5 October 2026 via checked.be.