CLEARVOLT: 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.
CLEARVOLT
Largest movements
- Receivables within one year -€110,221
down €110,221 (-61.1%), from €180,257 to €70,037
of which Other amounts receivable: -€71,857
- Tangible fixed assets -€96,646
down €96,646 (-2.8%), from €3.5m to €3.4m
of which Land and buildings: -€88,292
- Profit (loss) carried forward -€117,608
down €117,608 (-23.9%), from -€492,745 to -€610,353
- Other debts -€98,990
down €98,990 (-52.0%), from €190,257 to €91,267
- Gross operating margin -€22,739
down €22,739 (-20.1%), from €113,286 to €90,547
- Staff costs +€7,602
up €7,602 (+8.8%), from €86,308 to €93,910
- Depreciation -€1,976
down €1,976 (-1.9%), from €103,671 to €101,695
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 | €3,694,103 | €3,483,935 | -€210,168 | -5.7% |
| Fixed assets | 21/28 | €3,496,500 | €3,399,319 | -€97,181 | -2.8% |
| Tangible fixed assets | 22/27 | €3,495,965 | €3,399,319 | -€96,646 | -2.8% |
| Land and buildings | 22 | €3,473,978 | €3,385,686 | -€88,292 | -2.5% |
| Plant, machinery and equipment | 23 | €5,024 | €7,650 | +€2,626 | +52.3% |
| Furniture and vehicles | 24 | €16,964 | €5,983 | -€10,980 | -64.7% |
| Financial fixed assets | 28 | €535 | - | -€535 | |
| Current assets | 29/58 | €197,603 | €84,616 | -€112,987 | -57.2% |
| Stocks and contracts in progress | 3 | €1,832 | €1,832 | = | 0.0% |
| Stocks | 30/36 | €1,832 | €1,832 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €180,257 | €70,037 | -€110,221 | -61.1% |
| Trade receivables | 40 | €104,362 | €65,999 | -€38,364 | -36.8% |
| Other amounts receivable | 41 | €75,895 | €4,038 | -€71,857 | -94.7% |
| Cash at bank and in hand | 54/58 | €15,514 | €12,747 | -€2,766 | -17.8% |
| Total equity and liabilities | 10/49 | €3,694,103 | €3,483,935 | -€210,168 | -5.7% |
| Equity | 10/15 | €3,497,258 | €3,379,649 | -€117,608 | -3.4% |
| Contributions | 10/11 | €3,989,958 | €3,989,958 | = | 0.0% |
| Capital | 10 | €3,989,958 | €3,989,958 | = | 0.0% |
| Issued capital | 100 | €3,989,958 | €3,989,958 | = | 0.0% |
| Reserves | 13 | €44 | €44 | = | 0.0% |
| Tax-exempt reserves | 132 | €44 | €44 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€492,745 | -€610,353 | -€117,608 | -23.9% |
| Amounts payable | 17/49 | €196,846 | €104,286 | -€92,560 | -47.0% |
| Amounts payable within one year | 42/48 | €195,369 | €104,286 | -€91,083 | -46.6% |
| Trade debts | 44 | €5,111 | €5,069 | -€42 | -0.8% |
| Suppliers | 440/4 | €5,111 | €5,069 | -€42 | -0.8% |
| Taxes, remuneration and social security | 45 | €1 | €7,950 | +€7,949 | +722656.4% |
| Taxes | 450/3 | - | €308 | +€308 | |
| Remuneration and social security | 454/9 | €1 | €7,642 | +€7,641 | +694645.5% |
| Other amounts payable | 47/48 | €190,257 | €91,267 | -€98,990 | -52.0% |
| Accrued charges and deferred income | 492/3 | €1,477 | - | -€1,477 | |
| Remuneration, social security and pensions | 62 | €86,308 | €93,910 | +€7,602 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,671 | €101,695 | -€1,976 | -1.9% |
| Other operating charges | 640/8 | €12,651 | €12,318 | -€333 | -2.6% |
| Gross operating margin | 9900 | €113,286 | €90,547 | -€22,739 | -20.1% |
| Operating profit (loss) | 9901 | -€89,344 | -€117,376 | -€28,032 | -31.4% |
| Financial charges | 65/66B | €556 | €232 | -€324 | -58.2% |
| Recurring financial charges | 65 | €556 | €232 | -€324 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | -€89,900 | -€117,608 | -€27,708 | -30.8% |
| Profit (loss) for the period | 9904 | -€89,900 | -€117,608 | -€27,708 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,900 | -€117,608 | -€27,708 | -30.8% |
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 6 October 2026 via checked.be.