CLdN IT Applications: what changed
CLdN IT Applications
Largest movements
- Current investments +€1.3m
new in 2025: €1.3m
- Receivables within one year +€1.2m
up €1.2m (+96.0%), from €1.3m to €2.5m
of which Trade receivables: +€1.3m
- Cash -€397,674
down €397,674 (-89.0%), from €446,647 to €48,973
mainly Current investments (-€1.3m) and Receivables within one year (-€1.2m)
- Tangible fixed assets +€383,508
up €383,508 (+52.8%), from €726,216 to €1.1m
of which Furniture and vehicles: +€369,900
- Trade debts +€2.0m
up €2.0m (+640%), from €312,078 to €2.3m
- Profit (loss) carried forward +€502,729
up €502,729 (+76.2%), from €659,904 to €1.2m
- Tax, wage and social debts +€354,112
up €354,112 (+38.6%), from €918,147 to €1.3m
of which Remuneration and social security: +€245,634
- Short-term financial debts -€300,599
no longer reported in 2025 (was €300,599)
- Gross operating margin +€2.4m
up €2.4m (+58.1%), from €4.2m to €6.7m
- Staff costs +€1.6m
up €1.6m (+39.5%), from €4.0m to €5.6m
- Taxes +€200,064
up €200,064 (+830%), from €24,103 to €224,167
- Depreciation +€91,129
up €91,129 (+47.4%), from €192,221 to €283,350
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,465,728 | €5,019,431 | +€2.6m | +104% |
| Fixed assets | 21/28 | €726,341 | €1,109,849 | +€383,508 | +52.8% |
| Tangible fixed assets | 22/27 | €726,216 | €1,109,724 | +€383,508 | +52.8% |
| Land and buildings | 22 | €3,717 | €3,292 | -€424 | -11.4% |
| Plant, machinery and equipment | 23 | €37,366 | €51,398 | +€14,033 | +37.6% |
| Furniture and vehicles | 24 | €685,133 | €1,055,033 | +€369,900 | +54.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €1,739,387 | €3,909,582 | +€2.2m | +125% |
| Amounts receivable within one year | 40/41 | €1,291,549 | €2,531,857 | +€1.2m | +96.0% |
| Trade receivables | 40 | €1,142,268 | €2,436,733 | +€1.3m | +113% |
| Other amounts receivable | 41 | €149,281 | €95,124 | -€54,158 | -36.3% |
| Current investments | 50/53 | - | €1,326,000 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €446,647 | €48,973 | -€397,674 | -89.0% |
| Deferred charges and accrued income | 490/1 | €1,190 | €2,752 | +€1,561 | +131% |
| Total equity and liabilities | 10/49 | €2,465,728 | €5,019,431 | +€2.6m | +104% |
| Equity | 10/15 | €934,904 | €1,437,634 | +€502,729 | +53.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €659,904 | €1,162,634 | +€502,729 | +76.2% |
| Amounts payable | 17/49 | €1,530,823 | €3,581,797 | +€2.1m | +134% |
| Amounts payable within one year | 42/48 | €1,530,823 | €3,581,797 | +€2.1m | +134% |
| Financial debts | 43 | €300,599 | - | -€300,599 | |
| Other loans | 439 | €300,599 | - | -€300,599 | |
| Trade debts | 44 | €312,078 | €2,309,539 | +€2.0m | +640% |
| Suppliers | 440/4 | €312,078 | €2,309,539 | +€2.0m | +640% |
| Taxes, remuneration and social security | 45 | €918,147 | €1,272,258 | +€354,112 | +38.6% |
| Taxes | 450/3 | €226,890 | €335,368 | +€108,478 | +47.8% |
| Remuneration and social security | 454/9 | €691,257 | €936,891 | +€245,634 | +35.5% |
| Non-recurring operating income | 76A | €21,146 | €1,046 | -€20,100 | -95.1% |
| Remuneration, social security and pensions | 62 | €4,002,109 | €5,584,618 | +€1.6m | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,221 | €283,350 | +€91,129 | +47.4% |
| Other operating charges | 640/8 | €14,348 | €16,151 | +€1,803 | +12.6% |
| Non-recurring operating charges | 66A | €8,362 | - | -€8,362 | |
| Gross operating margin | 9900 | €4,208,833 | €6,654,228 | +€2.4m | +58.1% |
| Operating profit (loss) | 9901 | -€8,206 | €770,109 | +€778,315 | |
| Financial income | 75/76B | €283 | €1,970 | +€1,688 | +597% |
| Recurring financial income | 75 | €283 | €1,970 | +€1,688 | +597% |
| Financial charges | 65/66B | €2,437 | €45,184 | +€42,747 | +1,754% |
| Recurring financial charges | 65 | €2,437 | €45,184 | +€42,747 | +1,754% |
| Profit (loss) for the period before taxes | 9903 | -€10,360 | €726,896 | +€737,256 | |
| Income taxes | 67/77 | €24,103 | €224,167 | +€200,064 | +830% |
| Profit (loss) for the period | 9904 | -€34,463 | €502,729 | +€537,192 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,463 | €502,729 | +€537,192 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.