CLEMDEM: what changed
CLEMDEM
Largest movements
- Receivables within one year +€58,530
up €58,530 (+7,314%), from €800 to €59,330
of which Other amounts receivable: +€45,365
- Cash -€58,376
down €58,376 (-51.3%), from €113,833 to €55,457
mainly Receivables within one year (-€58,530) and Contributions, distributions and other (-€27,965)
- Tangible fixed assets -€6,245
down €6,245 (-53.1%), from €11,760 to €5,515
- Deferred charges and accrued income +€1,698
new in 2025: €1,698
- Tax, wage and social debts +€4,725
up €4,725 (+48.7%), from €9,708 to €14,433
of which Remuneration and social security: +€2,800
- Current portion of long-term debt -€4,678
down €4,678 (-66.3%), from €7,052 to €2,374
- Other debts -€4,000
down €4,000 (-12.5%), from €31,965 to €27,965
- Debts after one year -€2,374
no longer reported in 2025 (was €2,374)
- Trade debts +€1,733
up €1,733 (+1,126%), from €154 to €1,887
- Gross operating margin -€5,072
down €5,072 (-10.2%), from €49,577 to €44,505
- Financial income +€1,040
up €1,040 (+130%), from €800 to €1,840
- Taxes -€632
down €632 (-6.7%), from €9,448 to €8,816
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,394 | €122,000 | -€4,393 | -3.5% |
| Fixed assets | 21/28 | €11,760 | €5,515 | -€6,245 | -53.1% |
| Tangible fixed assets | 22/27 | €11,760 | €5,515 | -€6,245 | -53.1% |
| Furniture and vehicles | 24 | €11,760 | €5,515 | -€6,245 | -53.1% |
| Current assets | 29/58 | €114,634 | €116,485 | +€1,851 | +1.6% |
| Amounts receivable within one year | 40/41 | €800 | €59,330 | +€58,530 | +7,314% |
| Trade receivables | 40 | - | €13,165 | +€13,165 | |
| Other amounts receivable | 41 | €800 | €46,165 | +€45,365 | +5,669% |
| Cash at bank and in hand | 54/58 | €113,833 | €55,457 | -€58,376 | -51.3% |
| Deferred charges and accrued income | 490/1 | - | €1,698 | +€1,698 | |
| Total equity and liabilities | 10/49 | €126,394 | €122,000 | -€4,393 | -3.5% |
| Equity | 10/15 | €75,141 | €75,141 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €73,141 | €73,141 | = | 0.0% |
| Distributable reserves | 133 | €73,141 | €73,141 | = | 0.0% |
| Amounts payable | 17/49 | €51,253 | €46,860 | -€4,393 | -8.6% |
| Amounts payable after more than one year | 17 | €2,374 | - | -€2,374 | |
| Financial debts | 170/4 | €2,374 | - | -€2,374 | |
| Amounts payable within one year | 42/48 | €48,879 | €46,660 | -€2,219 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €7,052 | €2,374 | -€4,678 | -66.3% |
| Trade debts | 44 | €154 | €1,887 | +€1,733 | +1,126% |
| Suppliers | 440/4 | €154 | €1,887 | +€1,733 | +1,126% |
| Taxes, remuneration and social security | 45 | €9,708 | €14,433 | +€4,725 | +48.7% |
| Taxes | 450/3 | €9,708 | €11,633 | +€1,925 | +19.8% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €31,965 | €27,965 | -€4,000 | -12.5% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,338 | €8,536 | +€197 | +2.4% |
| Other operating charges | 640/8 | €1,228 | €798 | -€430 | -35.0% |
| Gross operating margin | 9900 | €49,577 | €44,505 | -€5,072 | -10.2% |
| Operating profit (loss) | 9901 | €40,010 | €35,171 | -€4,839 | -12.1% |
| Financial income | 75/76B | €800 | €1,840 | +€1,040 | +130% |
| Recurring financial income | 75 | €800 | €1,840 | +€1,040 | +130% |
| Financial charges | 65/66B | €344 | €230 | -€113 | -33.0% |
| Recurring financial charges | 65 | €344 | €230 | -€113 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €40,466 | €36,781 | -€3,685 | -9.1% |
| Income taxes | 67/77 | €9,448 | €8,816 | -€632 | -6.7% |
| Profit (loss) for the period | 9904 | €31,018 | €27,965 | -€3,053 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,018 | €27,965 | -€3,053 | -9.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.