CLB M&C: 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.
CLB M&C
Largest movements
- Intangible fixed assets -€28,571
down €28,571 (-17.6%), from €162,022 to €133,450
- Cash +€26,641
up €26,641 (+56.8%), from €46,943 to €73,584
mainly Depreciation (+€28,571) and Tax, wage and social debts (+€12,178)
- Receivables within one year +€14,194
up €14,194 (+39.5%), from €35,901 to €50,095
of which Trade receivables: +€16,134
- Tax, wage and social debts +€12,178
new in 2025: €12,178
- Profit (loss) carried forward -€5,294
down €5,294 (-9.4%), from -€56,382 to -€61,676
- Debts after one year +€3,157
up €3,157 (+4.0%), from €78,919 to €82,075
- Gross operating margin +€40,143
up €40,143, from -€12,557 to €27,586
- Depreciation -€9,407
down €9,407 (-24.8%), from €37,978 to €28,571
- Financial charges -€1,058
down €1,058 (-21.6%), from €4,904 to €3,846
- Other operating charges -€481
down €481 (-51.0%), from €943 to €462
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 | €244,866 | €257,326 | +€12,460 | +5.1% |
| Fixed assets | 21/28 | €162,022 | €133,450 | -€28,571 | -17.6% |
| Intangible fixed assets | 21 | €162,022 | €133,450 | -€28,571 | -17.6% |
| Current assets | 29/58 | €82,844 | €123,875 | +€41,031 | +49.5% |
| Amounts receivable within one year | 40/41 | €35,901 | €50,095 | +€14,194 | +39.5% |
| Trade receivables | 40 | €32,218 | €48,352 | +€16,134 | +50.1% |
| Other amounts receivable | 41 | €3,683 | €1,743 | -€1,940 | -52.7% |
| Cash at bank and in hand | 54/58 | €46,943 | €73,584 | +€26,641 | +56.8% |
| Deferred charges and accrued income | 490/1 | - | €196 | +€196 | |
| Total equity and liabilities | 10/49 | €244,866 | €257,326 | +€12,460 | +5.1% |
| Equity | 10/15 | €143,618 | €138,324 | -€5,294 | -3.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,382 | -€61,676 | -€5,294 | -9.4% |
| Amounts payable | 17/49 | €101,248 | €119,002 | +€17,753 | +17.5% |
| Amounts payable after more than one year | 17 | €78,919 | €82,075 | +€3,157 | +4.0% |
| Financial debts | 170/4 | €78,919 | €82,075 | +€3,157 | +4.0% |
| Amounts payable within one year | 42/48 | €21,023 | €35,252 | +€14,228 | +67.7% |
| Trade debts | 44 | €21,023 | €23,074 | +€2,050 | +9.8% |
| Suppliers | 440/4 | €21,023 | €23,074 | +€2,050 | +9.8% |
| Taxes, remuneration and social security | 45 | - | €12,178 | +€12,178 | |
| Taxes | 450/3 | - | €12,178 | +€12,178 | |
| Accrued charges and deferred income | 492/3 | €1,306 | €1,675 | +€368 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,978 | €28,571 | -€9,407 | -24.8% |
| Other operating charges | 640/8 | €943 | €462 | -€481 | -51.0% |
| Gross operating margin | 9900 | -€12,557 | €27,586 | +€40,143 | |
| Operating profit (loss) | 9901 | -€51,478 | -€1,447 | +€50,031 | +97.2% |
| Financial charges | 65/66B | €4,904 | €3,846 | -€1,058 | -21.6% |
| Recurring financial charges | 65 | €4,904 | €3,846 | -€1,058 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€56,382 | -€5,294 | +€51,088 | +90.6% |
| Profit (loss) for the period | 9904 | -€56,382 | -€5,294 | +€51,088 | +90.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,382 | -€5,294 | +€51,088 | +90.6% |
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 29 September 2026 via checked.be.