CLEARING Brussels: 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.
CLEARING Brussels
Largest movements
- Receivables within one year +€2.0m
up €2.0m (+66.9%), from €3.0m to €5.0m
of which Other amounts receivable: +€2.1m
- Cash -€154,907
down €154,907 (-87.0%), from €178,109 to €23,202
mainly Receivables within one year (-€2.0m) and Net result for the year (-€388,385)
- Tangible fixed assets -€142,169
down €142,169 (-9.9%), from €1.4m to €1.3m
- Trade debts +€2.5m
up €2.5m (+124.8%), from €2.0m to €4.6m
- Profit (loss) carried forward -€388,385
down €388,385 (-27.9%), from €1.4m to €1.0m
- Other debts -€216,142
down €216,142 (-30.5%), from €707,947 to €491,804
- Tax, wage and social debts -€129,884
down €129,884 (-17.4%), from €746,508 to €616,623
of which Remuneration and social security: -€113,717
- Staff costs -€338,303
down €338,303 (-49.8%), from €679,988 to €341,685
- Gross operating margin -€322,595
down €322,595, from €276,698 to -€45,897
- Financial charges -€85,721
down €85,721 (-71.3%), from €120,187 to €34,466
- Financial income +€15,649
up €15,649 (+9.5%), from €164,762 to €180,410
- Depreciation -€5,394
down €5,394 (-3.6%), from €150,081 to €144,687
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,185,621 | €6,932,719 | +€1.7m | +33.7% |
| Fixed assets | 21/28 | €1,430,895 | €1,287,958 | -€142,937 | -10.0% |
| Intangible fixed assets | 21 | €768 | - | -€768 | |
| Tangible fixed assets | 22/27 | €1,430,127 | €1,287,958 | -€142,169 | -9.9% |
| Land and buildings | 22 | €1,136,152 | €1,073,833 | -€62,319 | -5.5% |
| Plant, machinery and equipment | 23 | €28,781 | €15,147 | -€13,634 | -47.4% |
| Furniture and vehicles | 24 | €31,225 | €16,983 | -€14,241 | -45.6% |
| Other tangible fixed assets | 26 | €233,969 | €181,993 | -€51,976 | -22.2% |
| Current assets | 29/58 | €3,754,726 | €5,644,762 | +€1.9m | +50.3% |
| Stocks and contracts in progress | 3 | €553,613 | €553,613 | = | 0.0% |
| Stocks | 30/36 | €553,613 | €553,613 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,023,005 | €5,044,612 | +€2.0m | +66.9% |
| Trade receivables | 40 | €999,325 | €943,489 | -€55,836 | -5.6% |
| Other amounts receivable | 41 | €2,023,679 | €4,101,123 | +€2.1m | +102.7% |
| Cash at bank and in hand | 54/58 | €178,109 | €23,202 | -€154,907 | -87.0% |
| Deferred charges and accrued income | 490/1 | - | €23,336 | +€23,336 | |
| Total equity and liabilities | 10/49 | €5,185,621 | €6,932,719 | +€1.7m | +33.7% |
| Equity | 10/15 | €1,400,197 | €1,011,813 | -€388,385 | -27.7% |
| Contributions | 10/11 | €8,670 | €8,670 | = | 0.0% |
| Capital | 10 | €8,670 | €8,670 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €9,930 | €9,930 | = | 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 | €1,389,667 | €1,001,283 | -€388,385 | -27.9% |
| Amounts payable | 17/49 | €3,785,424 | €5,920,907 | +€2.1m | +56.4% |
| Amounts payable after more than one year | 17 | €244,753 | €213,369 | -€31,384 | -12.8% |
| Financial debts | 170/4 | €244,753 | €213,369 | -€31,384 | -12.8% |
| Amounts payable within one year | 42/48 | €3,516,431 | €5,706,037 | +€2.2m | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €30,671 | €31,384 | +€713 | +2.3% |
| Trade debts | 44 | €2,031,306 | €4,566,226 | +€2.5m | +124.8% |
| Suppliers | 440/4 | €2,031,306 | €4,566,226 | +€2.5m | +124.8% |
| Taxes, remuneration and social security | 45 | €746,508 | €616,623 | -€129,884 | -17.4% |
| Taxes | 450/3 | €630,073 | €613,906 | -€16,167 | -2.6% |
| Remuneration and social security | 454/9 | €116,435 | €2,717 | -€113,717 | -97.7% |
| Other amounts payable | 47/48 | €707,947 | €491,804 | -€216,142 | -30.5% |
| Accrued charges and deferred income | 492/3 | €24,239 | €1,500 | -€22,739 | -93.8% |
| Remuneration, social security and pensions | 62 | €679,988 | €341,685 | -€338,303 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,081 | €144,687 | -€5,394 | -3.6% |
| Other operating charges | 640/8 | €3,362 | €2,060 | -€1,302 | -38.7% |
| Non-recurring operating charges | 66A | €5,447 | - | -€5,447 | |
| Gross operating margin | 9900 | €276,698 | -€45,897 | -€322,595 | |
| Operating profit (loss) | 9901 | -€562,179 | -€534,329 | +€27,850 | +5.0% |
| Financial income | 75/76B | €164,762 | €180,410 | +€15,649 | +9.5% |
| Recurring financial income | 75 | €164,762 | €180,410 | +€15,649 | +9.5% |
| Financial charges | 65/66B | €120,187 | €34,466 | -€85,721 | -71.3% |
| Recurring financial charges | 65 | €120,187 | €34,466 | -€85,721 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | -€517,605 | -€388,385 | +€129,220 | +25.0% |
| Profit (loss) for the period | 9904 | -€517,605 | -€388,385 | +€129,220 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€517,605 | -€388,385 | +€129,220 | +25.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.