CLEARCUT: 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.
CLEARCUT
Largest movements
- Receivables within one year -€27,294
down €27,294 (-50.7%), from €53,782 to €26,488
of which Trade receivables: -€33,131
- Tangible fixed assets +€10,850
up €10,850 (+549.2%), from €1,976 to €12,826
of which Furniture and vehicles: +€11,069
- Cash +€9,718
up €9,718 (+25.6%), from €37,978 to €47,696
mainly Receivables within one year (+€27,294) and Tax, wage and social debts (+€2,894)
- Other debts -€7,848
no longer reported in 2025 (was €7,848)
- Profit (loss) carried forward -€3,006
new in 2025: -€3,006
- Tax, wage and social debts +€2,894
up €2,894 (+70.7%), from €4,093 to €6,987
- Trade debts +€1,164
up €1,164 (+41.3%), from €2,820 to €3,984
- Gross operating margin -€12,744
down €12,744 (-87.6%), from €14,552 to €1,809
- Taxes -€3,844
down €3,844 (-63.6%), from €6,047 to €2,203
- Write-downs +€2,684
no longer reported in 2025 (was -€2,684)
- Depreciation +€1,423
up €1,423 (+668.7%), from €213 to €1,636
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 | €95,637 | €89,113 | -€6,524 | -6.8% |
| Fixed assets | 21/28 | €1,976 | €12,826 | +€10,850 | +549.2% |
| Tangible fixed assets | 22/27 | €1,976 | €12,826 | +€10,850 | +549.2% |
| Furniture and vehicles | 24 | - | €11,069 | +€11,069 | |
| Other tangible fixed assets | 26 | €1,976 | €1,757 | -€219 | -11.1% |
| Current assets | 29/58 | €93,662 | €76,287 | -€17,375 | -18.6% |
| Amounts receivable within one year | 40/41 | €53,782 | €26,488 | -€27,294 | -50.7% |
| Trade receivables | 40 | €40,829 | €7,698 | -€33,131 | -81.1% |
| Other amounts receivable | 41 | €12,953 | €18,791 | +€5,837 | +45.1% |
| Cash at bank and in hand | 54/58 | €37,978 | €47,696 | +€9,718 | +25.6% |
| Deferred charges and accrued income | 490/1 | €1,902 | €2,103 | +€201 | +10.6% |
| Total equity and liabilities | 10/49 | €95,637 | €89,113 | -€6,524 | -6.8% |
| Equity | 10/15 | €80,877 | €77,871 | -€3,006 | -3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,677 | €74,677 | = | 0.0% |
| Non-distributable reserves | 130/1 | €885 | €885 | = | 0.0% |
| Reserves not available under the articles | 1311 | €885 | €885 | = | 0.0% |
| Distributable reserves | 133 | €73,792 | €73,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,006 | -€3,006 | |
| Amounts payable | 17/49 | €14,761 | €11,242 | -€3,518 | -23.8% |
| Amounts payable within one year | 42/48 | €14,761 | €10,971 | -€3,790 | -25.7% |
| Trade debts | 44 | €2,820 | €3,984 | +€1,164 | +41.3% |
| Suppliers | 440/4 | €2,820 | €3,984 | +€1,164 | +41.3% |
| Taxes, remuneration and social security | 45 | €4,093 | €6,987 | +€2,894 | +70.7% |
| Taxes | 450/3 | €4,093 | €6,987 | +€2,894 | +70.7% |
| Other amounts payable | 47/48 | €7,848 | - | -€7,848 | |
| Accrued charges and deferred income | 492/3 | - | €271 | +€271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213 | €1,636 | +€1,423 | +668.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,684 | - | +€2,684 | |
| Other operating charges | 640/8 | €964 | €835 | -€129 | -13.4% |
| Gross operating margin | 9900 | €14,552 | €1,809 | -€12,744 | -87.6% |
| Operating profit (loss) | 9901 | €16,060 | -€663 | -€16,722 | |
| Financial income | 75/76B | €150 | €196 | +€46 | +30.5% |
| Recurring financial income | 75 | €150 | €196 | +€46 | +30.5% |
| Financial charges | 65/66B | €249 | €336 | +€87 | +34.9% |
| Recurring financial charges | 65 | €249 | €336 | +€87 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €15,961 | -€803 | -€16,763 | |
| Income taxes | 67/77 | €6,047 | €2,203 | -€3,844 | -63.6% |
| Profit (loss) for the period | 9904 | €9,914 | -€3,006 | -€12,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,914 | -€3,006 | -€12,920 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.