Clearsky: what changed
Two financial 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.
Clearsky
Largest movements
- Receivables within one year +€10,235
up €10,235 (+4.3%), from €235,920 to €246,155
of which Other amounts receivable: +€31,805
- Tangible fixed assets -€7,053
down €7,053 (-25.2%), from €27,951 to €20,898
of which Plant, machinery and equipment: -€5,717
- Reserves +€26,741
up €26,741 (+13.6%), from €196,299 to €223,040
- Trade debts -€16,535
down €16,535 (-24.7%), from €66,845 to €50,310
- Current portion of long-term debt -€5,114
down €5,114 (-65.5%), from €7,807 to €2,693
- Gross operating margin -€14,454
down €14,454 (-14.5%), from €99,964 to €85,510
- Staff costs +€8,212
up €8,212 (+29.1%), from €28,186 to €36,398
- Taxes -€4,468
down €4,468 (-28.2%), from €15,839 to €11,371
- Financial income -€1,390
down €1,390 (-11.9%), from €11,718 to €10,328
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.
Derived cash bridge
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 | €375,725 | €381,218 | +€5,493 | +1.5% |
| Fixed assets | 21/28 | €30,551 | €23,498 | -€7,053 | -23.1% |
| Tangible fixed assets | 22/27 | €27,951 | €20,898 | -€7,053 | -25.2% |
| Plant, machinery and equipment | 23 | €24,859 | €19,142 | -€5,717 | -23.0% |
| Furniture and vehicles | 24 | €3,092 | €1,756 | -€1,336 | -43.2% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €345,174 | €357,721 | +€12,546 | +3.6% |
| Amounts receivable after more than one year | 29 | €100,747 | €100,747 | = | 0.0% |
| Other amounts receivable | 291 | €100,747 | €100,747 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €235,920 | €246,155 | +€10,235 | +4.3% |
| Trade receivables | 40 | €81,534 | €59,965 | -€21,570 | -26.5% |
| Other amounts receivable | 41 | €154,385 | €186,190 | +€31,805 | +20.6% |
| Cash at bank and in hand | 54/58 | €8,508 | €10,097 | +€1,590 | +18.7% |
| Deferred charges and accrued income | 490/1 | €0 | €722 | +€722 | |
| Total equity and liabilities | 10/49 | €375,725 | €381,218 | +€5,493 | +1.5% |
| Equity | 10/15 | €202,499 | €229,240 | +€26,741 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €196,299 | €223,040 | +€26,741 | +13.6% |
| Distributable reserves | 133 | €196,299 | €223,040 | +€26,741 | +13.6% |
| Amounts payable | 17/49 | €173,226 | €151,978 | -€21,248 | -12.3% |
| Amounts payable after more than one year | 17 | €2,693 | €0 | -€2,693 | -100% |
| Financial debts | 170/4 | €2,693 | €0 | -€2,693 | -100% |
| Amounts payable within one year | 42/48 | €170,533 | €151,978 | -€18,555 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €7,807 | €2,693 | -€5,114 | -65.5% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €66,845 | €50,310 | -€16,535 | -24.7% |
| Suppliers | 440/4 | €66,845 | €50,310 | -€16,535 | -24.7% |
| Taxes, remuneration and social security | 45 | €20,881 | €23,975 | +€3,094 | +14.8% |
| Taxes | 450/3 | €20,881 | €23,975 | +€3,094 | +14.8% |
| Remuneration, social security and pensions | 62 | €28,186 | €36,398 | +€8,212 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,566 | €12,048 | +€482 | +4.2% |
| Other operating charges | 640/8 | €1,965 | €1,804 | -€161 | -8.2% |
| Gross operating margin | 9900 | €99,964 | €85,510 | -€14,454 | -14.5% |
| Operating profit (loss) | 9901 | €58,247 | €35,260 | -€22,987 | -39.5% |
| Financial income | 75/76B | €11,718 | €10,328 | -€1,390 | -11.9% |
| Recurring financial income | 75 | €11,718 | €10,328 | -€1,390 | -11.9% |
| Financial charges | 65/66B | €7,164 | €7,476 | +€312 | +4.4% |
| Recurring financial charges | 65 | €7,164 | €7,476 | +€312 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €62,801 | €38,112 | -€24,689 | -39.3% |
| Income taxes | 67/77 | €15,839 | €11,371 | -€4,468 | -28.2% |
| Profit (loss) for the period | 9904 | €46,962 | €26,741 | -€20,221 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,962 | €26,741 | -€20,221 | -43.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.