CLB Academy: 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.
CLB Academy
Largest movements
- Cash +€101,637
up €101,637 (+150%), from €67,596 to €169,233
mainly Net result for the year (+€89,466) and Depreciation (+€9,750)
- Tangible fixed assets -€9,750
down €9,750 (-22.7%), from €42,930 to €33,180
of which Furniture and vehicles: -€8,880
- Receivables within one year -€2,968
down €2,968 (-7.3%), from €40,428 to €37,460
of which Other amounts receivable: -€7,241
- Reserves +€72,730
new in 2025: €72,730
- Profit (loss) carried forward +€16,736
no longer reported in 2025 (was -€16,736)
- Accrued charges and deferred income -€7,203
down €7,203 (-96.4%), from €7,470 to €268
- Debts after one year -€6,797
down €6,797 (-9.5%), from €71,855 to €65,058
- Tax, wage and social debts +€6,646
up €6,646 (+20.5%), from €32,421 to €39,067
of which Taxes: +€12,957
- Gross operating margin +€77,642
up €77,642 (+63.3%), from €122,693 to €200,335
- Taxes +€33,263
up €33,263 (+5,002%), from €665 to €33,928
- Staff costs -€30,048
down €30,048 (-32.6%), from €92,040 to €61,992
- Depreciation +€4,102
up €4,102 (+72.6%), from €5,648 to €9,750
- Financial income -€2,338
down €2,338 (-97.1%), from €2,407 to €69
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 | €152,513 | €240,243 | +€87,731 | +57.5% |
| Fixed assets | 21/28 | €42,930 | €33,180 | -€9,750 | -22.7% |
| Tangible fixed assets | 22/27 | €42,930 | €33,180 | -€9,750 | -22.7% |
| Plant, machinery and equipment | 23 | €1,099 | €230 | -€870 | -79.1% |
| Furniture and vehicles | 24 | €41,830 | €32,950 | -€8,880 | -21.2% |
| Current assets | 29/58 | €109,583 | €207,064 | +€97,481 | +89.0% |
| Amounts receivable within one year | 40/41 | €40,428 | €37,460 | -€2,968 | -7.3% |
| Trade receivables | 40 | €28,852 | €33,125 | +€4,273 | +14.8% |
| Other amounts receivable | 41 | €11,576 | €4,335 | -€7,241 | -62.6% |
| Cash at bank and in hand | 54/58 | €67,596 | €169,233 | +€101,637 | +150% |
| Deferred charges and accrued income | 490/1 | €1,559 | €370 | -€1,189 | -76.2% |
| Total equity and liabilities | 10/49 | €152,513 | €240,243 | +€87,731 | +57.5% |
| Equity | 10/15 | €3,264 | €92,730 | +€89,466 | +2,741% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €72,730 | +€72,730 | |
| Distributable reserves | 133 | - | €72,730 | +€72,730 | |
| Profit (loss) carried forward | 14 | -€16,736 | - | +€16,736 | |
| Amounts payable | 17/49 | €149,249 | €147,513 | -€1,736 | -1.2% |
| Amounts payable after more than one year | 17 | €71,855 | €65,058 | -€6,797 | -9.5% |
| Financial debts | 170/4 | €71,855 | €65,058 | -€6,797 | -9.5% |
| Amounts payable within one year | 42/48 | €69,923 | €82,187 | +€12,264 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €6,547 | €6,797 | +€250 | +3.8% |
| Trade debts | 44 | €20,303 | €23,444 | +€3,141 | +15.5% |
| Suppliers | 440/4 | €20,303 | €23,444 | +€3,141 | +15.5% |
| Taxes, remuneration and social security | 45 | €32,421 | €39,067 | +€6,646 | +20.5% |
| Taxes | 450/3 | €16,961 | €29,919 | +€12,957 | +76.4% |
| Remuneration and social security | 454/9 | €15,460 | €9,148 | -€6,311 | -40.8% |
| Other amounts payable | 47/48 | €10,653 | €12,879 | +€2,226 | +20.9% |
| Accrued charges and deferred income | 492/3 | €7,470 | €268 | -€7,203 | -96.4% |
| Non-recurring operating income | 76A | - | €75 | +€75 | |
| Remuneration, social security and pensions | 62 | €92,040 | €61,992 | -€30,048 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,648 | €9,750 | +€4,102 | +72.6% |
| Other operating charges | 640/8 | €734 | €603 | -€131 | -17.9% |
| Non-recurring operating charges | 66A | €1,361 | - | -€1,361 | |
| Gross operating margin | 9900 | €122,693 | €200,335 | +€77,642 | +63.3% |
| Operating profit (loss) | 9901 | €22,910 | €127,990 | +€105,080 | +459% |
| Financial income | 75/76B | €2,407 | €69 | -€2,338 | -97.1% |
| Recurring financial income | 75 | €2,407 | €69 | -€2,338 | -97.1% |
| Financial charges | 65/66B | €4,067 | €4,665 | +€598 | +14.7% |
| Recurring financial charges | 65 | €4,067 | €4,665 | +€598 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €21,250 | €123,394 | +€102,144 | +481% |
| Income taxes | 67/77 | €665 | €33,928 | +€33,263 | +5,002% |
| Profit (loss) for the period | 9904 | €20,585 | €89,466 | +€68,881 | +335% |
| Profit (loss) for the period to be appropriated | 9905 | €20,585 | €89,466 | +€68,881 | +335% |
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 19 October 2026 via checked.be.