Clementine: 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.
Clementine
Largest movements
- Tangible fixed assets -€6,646
down €6,646 (-15.2%), from €43,688 to €37,042
of which Other tangible fixed assets: -€6,402
- Cash -€4,629
down €4,629 (-45.1%), from €10,258 to €5,629
mainly Debts after one year (-€5,730) and Other debts (-€4,648)
- Receivables within one year +€4,131
up €4,131 (+532.9%), from €775 to €4,906
of which Trade receivables: +€2,130
- Debts after one year -€5,730
down €5,730 (-39.3%), from €14,574 to €8,844
- Other debts -€4,648
down €4,648 (-31.2%), from €14,901 to €10,253
- Trade debts -€3,947
down €3,947 (-92.2%), from €4,282 to €335
- Reserves +€3,692
up €3,692 (+26.7%), from €13,828 to €17,520
- Tax, wage and social debts +€2,622
up €2,622 (+397.3%), from €660 to €3,283
- Other operating charges -€1,382
down €1,382 (-40.0%), from €3,459 to €2,077
- Gross operating margin -€1,116
down €1,116 (-7.1%), from €15,776 to €14,660
- Depreciation +€942
up €942 (+16.5%), from €5,704 to €6,646
- Financial income +€675
up €675 (+3600.4%), from €19 to €694
- Taxes +€608
up €608 (+50.3%), from €1,209 to €1,817
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 | €55,707 | €48,659 | -€7,048 | -12.7% |
| Fixed assets | 21/28 | €43,688 | €37,042 | -€6,646 | -15.2% |
| Tangible fixed assets | 22/27 | €43,688 | €37,042 | -€6,646 | -15.2% |
| Furniture and vehicles | 24 | €482 | €239 | -€244 | -50.6% |
| Other tangible fixed assets | 26 | €43,206 | €36,804 | -€6,402 | -14.8% |
| Current assets | 29/58 | €12,019 | €11,617 | -€402 | -3.3% |
| Amounts receivable within one year | 40/41 | €775 | €4,906 | +€4,131 | +532.9% |
| Trade receivables | 40 | €740 | €2,870 | +€2,130 | +287.6% |
| Other amounts receivable | 41 | €35 | €2,036 | +€2,001 | +5765.0% |
| Cash at bank and in hand | 54/58 | €10,258 | €5,629 | -€4,629 | -45.1% |
| Deferred charges and accrued income | 490/1 | €986 | €1,082 | +€96 | +9.7% |
| Total equity and liabilities | 10/49 | €55,707 | €48,659 | -€7,048 | -12.7% |
| Equity | 10/15 | €15,828 | €19,520 | +€3,692 | +23.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,828 | €17,520 | +€3,692 | +26.7% |
| Distributable reserves | 133 | €13,828 | €17,520 | +€3,692 | +26.7% |
| Amounts payable | 17/49 | €39,878 | €29,139 | -€10,739 | -26.9% |
| Amounts payable after more than one year | 17 | €14,574 | €8,844 | -€5,730 | -39.3% |
| Financial debts | 170/4 | €14,574 | €8,844 | -€5,730 | -39.3% |
| Amounts payable within one year | 42/48 | €25,304 | €20,295 | -€5,009 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €5,462 | €6,425 | +€963 | +17.6% |
| Trade debts | 44 | €4,282 | €335 | -€3,947 | -92.2% |
| Suppliers | 440/4 | €4,282 | €335 | -€3,947 | -92.2% |
| Taxes, remuneration and social security | 45 | €660 | €3,283 | +€2,622 | +397.3% |
| Taxes | 450/3 | €660 | €3,283 | +€2,622 | +397.3% |
| Other amounts payable | 47/48 | €14,901 | €10,253 | -€4,648 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,704 | €6,646 | +€942 | +16.5% |
| Other operating charges | 640/8 | €3,459 | €2,077 | -€1,382 | -40.0% |
| Gross operating margin | 9900 | €15,776 | €14,660 | -€1,116 | -7.1% |
| Operating profit (loss) | 9901 | €6,613 | €5,937 | -€676 | -10.2% |
| Financial income | 75/76B | €19 | €694 | +€675 | +3600.4% |
| Recurring financial income | 75 | €19 | €694 | +€675 | +3600.4% |
| Financial charges | 65/66B | €1,493 | €1,122 | -€371 | -24.8% |
| Recurring financial charges | 65 | €1,493 | €1,122 | -€371 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €5,139 | €5,509 | +€370 | +7.2% |
| Income taxes | 67/77 | €1,209 | €1,817 | +€608 | +50.3% |
| Profit (loss) for the period | 9904 | €3,930 | €3,692 | -€238 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,930 | €3,692 | -€238 | -6.1% |
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 11 October 2026 via checked.be.