CLEMENCO: 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.
CLEMENCO
Largest movements
- Current investments +€1.9m
up €1.9m (+97.7%), from €1.9m to €3.8m
- Cash -€1.1m
down €1.1m (-31.2%), from €3.5m to €2.4m
mainly Current investments (-€1.9m) and Contributions, distributions and other (-€360,000)
- Tangible fixed assets -€103,860
down €103,860 (-8.7%), from €1.2m to €1.1m
of which Land and buildings: -€75,653
- Reserves +€444,298
up €444,298 (+11.7%), from €3.8m to €4.2m
of which Distributable reserves: +€236,000
- Other debts +€149,114
up €149,114 (+69.6%), from €214,156 to €363,270
- Tax, wage and social debts +€100,722
up €100,722 (+94.0%), from €107,137 to €207,860
of which Taxes: +€108,564
- Trade debts -€98,603
down €98,603 (-12.9%), from €762,554 to €663,950
- Depreciation -€74,324
down €74,324 (-41.7%), from €178,183 to €103,860
- Gross operating margin +€40,633
up €40,633 (+2.4%), from €1.7m to €1.7m
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 | €6,845,043 | €7,478,719 | +€633,676 | +9.3% |
| Fixed assets | 21/28 | €1,189,385 | €1,085,525 | -€103,860 | -8.7% |
| Tangible fixed assets | 22/27 | €1,189,385 | €1,085,525 | -€103,860 | -8.7% |
| Land and buildings | 22 | €1,131,810 | €1,056,157 | -€75,653 | -6.7% |
| Plant, machinery and equipment | 23 | €38,095 | €20,014 | -€18,081 | -47.5% |
| Furniture and vehicles | 24 | €19,479 | €9,354 | -€10,125 | -52.0% |
| Current assets | 29/58 | €5,655,658 | €6,393,193 | +€737,535 | +13.0% |
| Stocks and contracts in progress | 3 | €120,422 | €104,958 | -€15,464 | -12.8% |
| Stocks | 30/36 | €120,422 | €104,958 | -€15,464 | -12.8% |
| Amounts receivable within one year | 40/41 | €88,585 | €85,140 | -€3,446 | -3.9% |
| Trade receivables | 40 | €39,399 | €79,601 | +€40,202 | +102.0% |
| Other amounts receivable | 41 | €49,186 | €5,539 | -€43,647 | -88.7% |
| Current investments | 50/53 | €1,903,406 | €3,762,916 | +€1.9m | +97.7% |
| Cash at bank and in hand | 54/58 | €3,524,262 | €2,423,989 | -€1.1m | -31.2% |
| Deferred charges and accrued income | 490/1 | €18,983 | €16,190 | -€2,793 | -14.7% |
| Total equity and liabilities | 10/49 | €6,845,043 | €7,478,719 | +€633,676 | +9.3% |
| Equity | 10/15 | €5,734,653 | €6,179,921 | +€445,268 | +7.8% |
| Contributions | 10/11 | €1,390,649 | €1,390,649 | = | 0.0% |
| Reserves | 13 | €3,785,159 | €4,229,457 | +€444,298 | +11.7% |
| Tax-exempt reserves | 132 | €552,789 | €761,086 | +€208,298 | +37.7% |
| Distributable reserves | 133 | €3,232,371 | €3,468,371 | +€236,000 | +7.3% |
| Profit (loss) carried forward | 14 | €558,845 | €559,815 | +€970 | +0.2% |
| Provisions and deferred taxes | 16 | €19,621 | €18,887 | -€734 | -3.7% |
| Provisions for liabilities and charges | 160/5 | €5,000 | €5,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,000 | €5,000 | = | 0.0% |
| Deferred taxes | 168 | €14,621 | €13,887 | -€734 | -5.0% |
| Amounts payable | 17/49 | €1,090,768 | €1,279,910 | +€189,142 | +17.3% |
| Amounts payable within one year | 42/48 | €1,083,848 | €1,235,080 | +€151,233 | +14.0% |
| Trade debts | 44 | €762,554 | €663,950 | -€98,603 | -12.9% |
| Suppliers | 440/4 | €762,554 | €663,950 | -€98,603 | -12.9% |
| Taxes, remuneration and social security | 45 | €107,137 | €207,860 | +€100,722 | +94.0% |
| Taxes | 450/3 | €25,750 | €134,313 | +€108,564 | +421.6% |
| Remuneration and social security | 454/9 | €81,388 | €73,546 | -€7,841 | -9.6% |
| Other amounts payable | 47/48 | €214,156 | €363,270 | +€149,114 | +69.6% |
| Accrued charges and deferred income | 492/3 | €6,921 | €44,830 | +€37,909 | +547.8% |
| Remuneration, social security and pensions | 62 | €539,914 | €546,235 | +€6,322 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,183 | €103,860 | -€74,324 | -41.7% |
| Other operating charges | 640/8 | €40,157 | €40,830 | +€673 | +1.7% |
| Gross operating margin | 9900 | €1,687,947 | €1,728,579 | +€40,633 | +2.4% |
| Operating profit (loss) | 9901 | €929,692 | €1,037,655 | +€107,962 | +11.6% |
| Financial income | 75/76B | €84,284 | €90,199 | +€5,916 | +7.0% |
| Recurring financial income | 75 | €84,284 | €90,199 | +€5,916 | +7.0% |
| Financial charges | 65/66B | €12,591 | €5,491 | -€7,100 | -56.4% |
| Recurring financial charges | 65 | €12,591 | €5,491 | -€7,100 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €1,001,385 | €1,122,363 | +€120,978 | +12.1% |
| Transfer from deferred taxes | 780 | €734 | €734 | = | 0.0% |
| Income taxes | 67/77 | €321,051 | €317,829 | -€3,222 | -1.0% |
| Profit (loss) for the period | 9904 | €681,068 | €805,268 | +€124,200 | +18.2% |
| Transfer from tax-exempt reserves | 789 | €141,702 | €2,202 | -€139,500 | -98.4% |
| Transfer to tax-exempt reserves | 689 | €185,240 | €210,500 | +€25,260 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €637,530 | €596,970 | -€40,560 | -6.4% |
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 5 October 2026 via checked.be.