CLEAR WIND: 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.
CLEAR WIND
Largest movements
- Receivables within one year +€25,852
up €25,852 (+92.4%), from €27,991 to €53,844
of which Trade receivables: +€20,958
- Cash -€21,258
down €21,258 (-22.7%), from €93,792 to €72,534
mainly Receivables within one year (-€25,852) and Investment in fixed assets (net) (-€18,211)
- Tangible fixed assets +€11,615
up €11,615 (+196.6%), from €5,907 to €17,522
- Profit (loss) carried forward +€23,709
up €23,709 (+21.1%), from €112,130 to €135,839
- Other debts -€7,500
no longer reported in 2025 (was €7,500)
- Taxes -€3,862
no longer reported in 2025 (was €3,862)
- Depreciation +€3,642
up €3,642 (+123.3%), from €2,954 to €6,596
- Gross operating margin -€3,242
down €3,242 (-9.1%), from €35,535 to €32,293
- Other operating charges +€1,420
up €1,420 (+319.7%), from €444 to €1,864
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 | €127,690 | €143,899 | +€16,209 | +12.7% |
| Fixed assets | 21/28 | €5,907 | €17,522 | +€11,615 | +196.6% |
| Tangible fixed assets | 22/27 | €5,907 | €17,522 | +€11,615 | +196.6% |
| Furniture and vehicles | 24 | €5,907 | €17,522 | +€11,615 | +196.6% |
| Current assets | 29/58 | €121,783 | €126,377 | +€4,594 | +3.8% |
| Amounts receivable within one year | 40/41 | €27,991 | €53,844 | +€25,852 | +92.4% |
| Trade receivables | 40 | €25,028 | €45,985 | +€20,958 | +83.7% |
| Other amounts receivable | 41 | €2,964 | €7,859 | +€4,895 | +165.2% |
| Cash at bank and in hand | 54/58 | €93,792 | €72,534 | -€21,258 | -22.7% |
| Total equity and liabilities | 10/49 | €127,690 | €143,899 | +€16,209 | +12.7% |
| Equity | 10/15 | €120,190 | €143,899 | +€23,709 | +19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,130 | €135,839 | +€23,709 | +21.1% |
| Amounts payable | 17/49 | €7,500 | - | -€7,500 | |
| Amounts payable within one year | 42/48 | €7,500 | - | -€7,500 | |
| Other amounts payable | 47/48 | €7,500 | - | -€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,954 | €6,596 | +€3,642 | +123.3% |
| Other operating charges | 640/8 | €444 | €1,864 | +€1,420 | +319.7% |
| Gross operating margin | 9900 | €35,535 | €32,293 | -€3,242 | -9.1% |
| Operating profit (loss) | 9901 | €32,137 | €23,833 | -€8,304 | -25.8% |
| Financial charges | 65/66B | - | €124 | +€124 | |
| Recurring financial charges | 65 | - | €124 | +€124 | |
| Profit (loss) for the period before taxes | 9903 | €32,137 | €23,709 | -€8,428 | -26.2% |
| Income taxes | 67/77 | €3,862 | - | -€3,862 | |
| Profit (loss) for the period | 9904 | €28,275 | €23,709 | -€4,566 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,275 | €23,709 | -€4,566 | -16.1% |
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 7 October 2026 via checked.be.