Cleench & Co: 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.
Cleench & Co
Largest movements
- Intangible fixed assets -€57,412
down €57,412 (-30.7%), from €186,707 to €129,295
- Cash -€18,797
down €18,797 (-14.9%), from €126,281 to €107,483
mainly Investment in fixed assets (net) (-€43,660) and Trade debts (-€31,457)
- Tangible fixed assets +€17,571
up €17,571 (+24.1%), from €72,920 to €90,491
of which Other tangible fixed assets: +€12,937
- Receivables within one year +€13,996
up €13,996 (+130.6%), from €10,715 to €24,711
of which Other amounts receivable: +€21,346
- Trade debts -€31,457
down €31,457 (-22.0%), from €142,852 to €111,396
- Other debts -€16,560
down €16,560 (-11.5%), from €144,296 to €127,736
- Debts after one year -€7,465
down €7,465 (-37.4%), from €19,947 to €12,482
- Reserves +€7,338
up €7,338 (+12.2%), from €60,308 to €67,645
- Gross operating margin -€33,167
down €33,167 (-9.6%), from €344,223 to €311,055
- Taxes -€13,781
down €13,781 (-80.7%), from €17,070 to €3,289
- Staff costs +€9,940
up €9,940 (+5.3%), from €188,528 to €198,468
- Depreciation +€8,658
up €8,658 (+11.6%), from €74,842 to €83,501
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 | €418,087 | €371,658 | -€46,428 | -11.1% |
| Fixed assets | 21/28 | €259,969 | €220,128 | -€39,841 | -15.3% |
| Intangible fixed assets | 21 | €186,707 | €129,295 | -€57,412 | -30.7% |
| Tangible fixed assets | 22/27 | €72,920 | €90,491 | +€17,571 | +24.1% |
| Land and buildings | 22 | - | €1,320 | +€1,320 | |
| Plant, machinery and equipment | 23 | €63,657 | €74,107 | +€10,450 | +16.4% |
| Furniture and vehicles | 24 | €8,154 | €1,017 | -€7,137 | -87.5% |
| Other tangible fixed assets | 26 | €1,110 | €14,048 | +€12,937 | +1165.4% |
| Financial fixed assets | 28 | €341 | €341 | = | 0.0% |
| Current assets | 29/58 | €158,118 | €151,531 | -€6,587 | -4.2% |
| Stocks and contracts in progress | 3 | €15,848 | €17,422 | +€1,575 | +9.9% |
| Stocks | 30/36 | €15,848 | €17,422 | +€1,575 | +9.9% |
| Amounts receivable within one year | 40/41 | €10,715 | €24,711 | +€13,996 | +130.6% |
| Trade receivables | 40 | €7,350 | - | -€7,350 | |
| Other amounts receivable | 41 | €3,366 | €24,711 | +€21,346 | +634.2% |
| Cash at bank and in hand | 54/58 | €126,281 | €107,483 | -€18,797 | -14.9% |
| Deferred charges and accrued income | 490/1 | €5,274 | €1,913 | -€3,361 | -63.7% |
| Total equity and liabilities | 10/49 | €418,087 | €371,658 | -€46,428 | -11.1% |
| Equity | 10/15 | €64,108 | €71,445 | +€7,338 | +11.4% |
| Contributions | 10/11 | €3,800 | €3,800 | = | 0.0% |
| Reserves | 13 | €60,308 | €67,645 | +€7,338 | +12.2% |
| Distributable reserves | 133 | €60,308 | €67,645 | +€7,338 | +12.2% |
| Amounts payable | 17/49 | €353,979 | €300,213 | -€53,766 | -15.2% |
| Amounts payable after more than one year | 17 | €19,947 | €12,482 | -€7,465 | -37.4% |
| Financial debts | 170/4 | €19,947 | €12,482 | -€7,465 | -37.4% |
| Amounts payable within one year | 42/48 | €334,031 | €287,731 | -€46,301 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €7,158 | €7,465 | +€308 | +4.3% |
| Trade debts | 44 | €142,852 | €111,396 | -€31,457 | -22.0% |
| Suppliers | 440/4 | €142,852 | €111,396 | -€31,457 | -22.0% |
| Taxes, remuneration and social security | 45 | €39,725 | €41,134 | +€1,408 | +3.5% |
| Taxes | 450/3 | €18,497 | €18,694 | +€197 | +1.1% |
| Remuneration and social security | 454/9 | €21,228 | €22,440 | +€1,212 | +5.7% |
| Other amounts payable | 47/48 | €144,296 | €127,736 | -€16,560 | -11.5% |
| Remuneration, social security and pensions | 62 | €188,528 | €198,468 | +€9,940 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,842 | €83,501 | +€8,658 | +11.6% |
| Other operating charges | 640/8 | €3,444 | €3,811 | +€368 | +10.7% |
| Gross operating margin | 9900 | €344,223 | €311,055 | -€33,167 | -9.6% |
| Operating profit (loss) | 9901 | €77,409 | €25,275 | -€52,134 | -67.3% |
| Financial income | 75/76B | €49 | €25 | -€23 | -48.0% |
| Recurring financial income | 75 | €49 | €25 | -€23 | -48.0% |
| Financial charges | 65/66B | €16,180 | €14,674 | -€1,505 | -9.3% |
| Recurring financial charges | 65 | €16,180 | €14,674 | -€1,505 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €61,278 | €10,626 | -€50,652 | -82.7% |
| Income taxes | 67/77 | €17,070 | €3,289 | -€13,781 | -80.7% |
| Profit (loss) for the period | 9904 | €44,208 | €7,338 | -€36,870 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,208 | €7,338 | -€36,870 | -83.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.