CLEMENTINE: 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.
CLEMENTINE
Largest movements
- Receivables within one year +€23,753
up €23,753 (+74.8%), from €31,754 to €55,507
of which Trade receivables: +€15,093
- Tangible fixed assets -€7,211
down €7,211 (-27.5%), from €26,208 to €18,998
of which Furniture and vehicles: -€3,985
- Deferred charges and accrued income +€5,566
up €5,566 (+732.8%), from €759 to €6,325
- Stocks and contracts -€3,416
down €3,416 (-6.0%), from €56,630 to €53,214
- Profit (loss) carried forward +€14,568
up €14,568, from -€6,855 to €7,713
- Other debts +€12,337
up €12,337 (+725.1%), from €1,701 to €14,038
- Tax, wage and social debts -€7,599
down €7,599 (-11.3%), from €67,103 to €59,504
of which Taxes: -€10,429
- Trade debts +€3,188
up €3,188 (+2.9%), from €110,275 to €113,463
- Advances received -€2,302
down €2,302 (-60.9%), from €3,780 to €1,479
- Staff costs -€6,510
down €6,510 (-1.2%), from €524,811 to €518,301
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 | €196,323 | €214,797 | +€18,474 | +9.4% |
| Fixed assets | 21/28 | €26,208 | €18,998 | -€7,211 | -27.5% |
| Tangible fixed assets | 22/27 | €26,208 | €18,998 | -€7,211 | -27.5% |
| Plant, machinery and equipment | 23 | €6,338 | €3,113 | -€3,226 | -50.9% |
| Furniture and vehicles | 24 | €19,870 | €15,885 | -€3,985 | -20.1% |
| Current assets | 29/58 | €170,115 | €195,799 | +€25,684 | +15.1% |
| Stocks and contracts in progress | 3 | €56,630 | €53,214 | -€3,416 | -6.0% |
| Stocks | 30/36 | €56,630 | €53,214 | -€3,416 | -6.0% |
| Amounts receivable within one year | 40/41 | €31,754 | €55,507 | +€23,753 | +74.8% |
| Trade receivables | 40 | €18,094 | €33,187 | +€15,093 | +83.4% |
| Other amounts receivable | 41 | €13,660 | €22,320 | +€8,660 | +63.4% |
| Cash at bank and in hand | 54/58 | €80,971 | €80,753 | -€219 | -0.3% |
| Deferred charges and accrued income | 490/1 | €759 | €6,325 | +€5,566 | +732.8% |
| Total equity and liabilities | 10/49 | €196,323 | €214,797 | +€18,474 | +9.4% |
| Equity | 10/15 | €11,745 | €26,313 | +€14,568 | +124.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,855 | €7,713 | +€14,568 | |
| Amounts payable | 17/49 | €184,578 | €188,484 | +€3,905 | +2.1% |
| Amounts payable within one year | 42/48 | €184,578 | €188,484 | +€3,905 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €1,719 | - | -€1,719 | |
| Trade debts | 44 | €110,275 | €113,463 | +€3,188 | +2.9% |
| Suppliers | 440/4 | €110,275 | €113,463 | +€3,188 | +2.9% |
| Advances received on contracts in progress | 46 | €3,780 | €1,479 | -€2,302 | -60.9% |
| Taxes, remuneration and social security | 45 | €67,103 | €59,504 | -€7,599 | -11.3% |
| Taxes | 450/3 | €19,707 | €9,278 | -€10,429 | -52.9% |
| Remuneration and social security | 454/9 | €47,396 | €50,226 | +€2,830 | +6.0% |
| Other amounts payable | 47/48 | €1,701 | €14,038 | +€12,337 | +725.1% |
| Remuneration, social security and pensions | 62 | €524,811 | €518,301 | -€6,510 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,856 | €10,705 | -€1,151 | -9.7% |
| Other operating charges | 640/8 | €6,324 | €3,789 | -€2,535 | -40.1% |
| Gross operating margin | 9900 | €560,484 | €556,959 | -€3,525 | -0.6% |
| Operating profit (loss) | 9901 | €17,494 | €24,164 | +€6,671 | +38.1% |
| Financial income | 75/76B | €24 | €20 | -€4 | -15.3% |
| Recurring financial income | 75 | €24 | €20 | -€4 | -15.3% |
| Financial charges | 65/66B | €6,527 | €5,170 | -€1,356 | -20.8% |
| Recurring financial charges | 65 | €6,527 | €5,170 | -€1,356 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €10,991 | €19,014 | +€8,023 | +73.0% |
| Income taxes | 67/77 | €160 | €4,446 | +€4,286 | +2678.9% |
| Profit (loss) for the period | 9904 | €10,831 | €14,568 | +€3,737 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,831 | €14,568 | +€3,737 | +34.5% |
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 29 September 2026 via checked.be.