CLC PROTECT: 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.
CLC PROTECT
Largest movements
- Cash -€48,822
down €48,822 (-15.1%), from €323,330 to €274,508
mainly Debts after one year (-€116,662) and Investment in fixed assets (net) (-€98,720)
- Tangible fixed assets -€31,300
down €31,300 (-3.0%), from €1.0m to €1.0m
of which Furniture and vehicles: -€33,169
- Debts after one year -€116,662
down €116,662 (-16.3%), from €715,447 to €598,785
- Reserves +€65,000
up €65,000 (+22.1%), from €294,100 to €359,100
of which Distributable reserves: +€65,000
- Other debts +€40,716
up €40,716 (+2161.6%), from €1,884 to €42,599
- Profit (loss) carried forward -€40,588
down €40,588 (-11.5%), from €352,653 to €312,065
- Trade debts -€22,406
down €22,406 (-25.6%), from €87,590 to €65,184
- Gross operating margin +€163,101
up €163,101 (+31.0%), from €525,782 to €688,883
- Staff costs +€48,224
up €48,224 (+13.5%), from €357,729 to €405,953
- Write-downs +€34,298
no longer reported in 2025 (was -€34,298)
- Taxes +€26,707
up €26,707 (+377.9%), from €7,068 to €33,775
- Other operating charges +€10,249
up €10,249 (+97.1%), from €10,554 to €20,802
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 | €1,718,694 | €1,652,665 | -€66,030 | -3.8% |
| Fixed assets | 21/28 | €1,047,971 | €1,025,172 | -€22,800 | -2.2% |
| Tangible fixed assets | 22/27 | €1,044,903 | €1,013,604 | -€31,300 | -3.0% |
| Land and buildings | 22 | €548,985 | €542,777 | -€6,208 | -1.1% |
| Plant, machinery and equipment | 23 | €376,278 | €389,362 | +€13,085 | +3.5% |
| Furniture and vehicles | 24 | €83,208 | €50,040 | -€33,169 | -39.9% |
| Leasing and similar rights | 25 | €803 | - | -€803 | |
| Other tangible fixed assets | 26 | €35,629 | €31,425 | -€4,204 | -11.8% |
| Financial fixed assets | 28 | €3,068 | €11,568 | +€8,500 | +277.1% |
| Current assets | 29/58 | €670,723 | €627,493 | -€43,230 | -6.4% |
| Stocks and contracts in progress | 3 | €78,498 | €82,648 | +€4,150 | +5.3% |
| Stocks | 30/36 | €78,498 | €82,648 | +€4,150 | +5.3% |
| Amounts receivable within one year | 40/41 | €254,402 | €256,386 | +€1,984 | +0.8% |
| Trade receivables | 40 | €235,633 | €238,101 | +€2,467 | +1.0% |
| Other amounts receivable | 41 | €18,769 | €18,286 | -€484 | -2.6% |
| Cash at bank and in hand | 54/58 | €323,330 | €274,508 | -€48,822 | -15.1% |
| Deferred charges and accrued income | 490/1 | €14,493 | €13,952 | -€541 | -3.7% |
| Total equity and liabilities | 10/49 | €1,718,694 | €1,652,665 | -€66,030 | -3.8% |
| Equity | 10/15 | €668,751 | €689,765 | +€21,014 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €294,100 | €359,100 | +€65,000 | +22.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €292,240 | €357,240 | +€65,000 | +22.2% |
| Profit (loss) carried forward | 14 | €352,653 | €312,065 | -€40,588 | -11.5% |
| Investment grants | 15 | €3,398 | - | -€3,398 | |
| Amounts payable | 17/49 | €1,049,944 | €962,900 | -€87,044 | -8.3% |
| Amounts payable after more than one year | 17 | €715,447 | €598,785 | -€116,662 | -16.3% |
| Financial debts | 170/4 | €715,447 | €598,785 | -€116,662 | -16.3% |
| Amounts payable within one year | 42/48 | €329,535 | €355,135 | +€25,600 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €125,628 | €116,662 | -€8,966 | -7.1% |
| Financial debts | 43 | - | €4,929 | +€4,929 | |
| Other loans | 439 | - | €4,929 | +€4,929 | |
| Trade debts | 44 | €87,590 | €65,184 | -€22,406 | -25.6% |
| Suppliers | 440/4 | €87,590 | €65,184 | -€22,406 | -25.6% |
| Taxes, remuneration and social security | 45 | €114,434 | €125,762 | +€11,328 | +9.9% |
| Taxes | 450/3 | €55,337 | €63,225 | +€7,888 | +14.3% |
| Remuneration and social security | 454/9 | €59,097 | €62,537 | +€3,440 | +5.8% |
| Other amounts payable | 47/48 | €1,884 | €42,599 | +€40,716 | +2161.6% |
| Accrued charges and deferred income | 492/3 | €4,962 | €8,980 | +€4,018 | +81.0% |
| Non-recurring operating income | 76A | €16,529 | - | -€16,529 | |
| Remuneration, social security and pensions | 62 | €357,729 | €405,953 | +€48,224 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,580 | €121,519 | -€6,061 | -4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,298 | - | +€34,298 | |
| Other operating charges | 640/8 | €10,554 | €20,802 | +€10,249 | +97.1% |
| Non-recurring operating charges | 66A | €2,182 | €302 | -€1,881 | -86.2% |
| Gross operating margin | 9900 | €525,782 | €688,883 | +€163,101 | +31.0% |
| Operating profit (loss) | 9901 | €62,034 | €140,307 | +€78,272 | +126.2% |
| Financial income | 75/76B | €6,772 | €5,391 | -€1,381 | -20.4% |
| Recurring financial income | 75 | €6,772 | €5,391 | -€1,381 | -20.4% |
| Financial charges | 65/66B | €30,668 | €27,510 | -€3,158 | -10.3% |
| Recurring financial charges | 65 | €30,668 | €27,510 | -€3,158 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €38,138 | €118,187 | +€80,049 | +209.9% |
| Income taxes | 67/77 | €7,068 | €33,775 | +€26,707 | +377.9% |
| Profit (loss) for the period | 9904 | €31,071 | €84,412 | +€53,342 | +171.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,071 | €84,412 | +€53,342 | +171.7% |
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 4 October 2026 via checked.be.