CLEMORE: 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.
CLEMORE
Largest movements
- Cash +€51,122
up €51,122 (+749%), from €6,823 to €57,945
mainly Net result for the year (+€53,133) and Other debts (+€25,000)
- Receivables within one year -€5,473
down €5,473 (-5.2%), from €104,785 to €99,312
of which Trade receivables: -€22,000
- Tangible fixed assets -€5,384
down €5,384 (-13.0%), from €41,313 to €35,929
of which Other tangible fixed assets: -€6,193
- Reserves +€155,200
new in 2025: €155,200
- Profit (loss) carried forward -€137,980
down €137,980 (-100%), from €137,980 to €0
- Other debts +€25,000
new in 2025: €25,000
- Trade debts -€4,264
down €4,264 (-100%), from €4,264 to €0
- Tax, wage and social debts +€3,458
up €3,458 (+74.0%), from €4,674 to €8,132
- Gross operating margin +€37,986
up €37,986 (+149%), from €25,556 to €63,543
- Taxes +€3,970
up €3,970 (+111%), from €3,575 to €7,546
- Depreciation -€2,113
down €2,113 (-23.8%), from €8,865 to €6,752
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.
Derived cash bridge
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 | €153,805 | €195,132 | +€41,327 | +26.9% |
| Fixed assets | 21/28 | €41,313 | €35,929 | -€5,384 | -13.0% |
| Tangible fixed assets | 22/27 | €41,313 | €35,929 | -€5,384 | -13.0% |
| Furniture and vehicles | 24 | €273 | €1,082 | +€809 | +296% |
| Other tangible fixed assets | 26 | €41,039 | €34,847 | -€6,193 | -15.1% |
| Current assets | 29/58 | €112,493 | €159,203 | +€46,710 | +41.5% |
| Amounts receivable within one year | 40/41 | €104,785 | €99,312 | -€5,473 | -5.2% |
| Trade receivables | 40 | €22,000 | - | -€22,000 | |
| Other amounts receivable | 41 | €82,785 | €99,312 | +€16,527 | +20.0% |
| Cash at bank and in hand | 54/58 | €6,823 | €57,945 | +€51,122 | +749% |
| Deferred charges and accrued income | 490/1 | €885 | €1,946 | +€1,061 | +120% |
| Total equity and liabilities | 10/49 | €153,805 | €195,132 | +€41,327 | +26.9% |
| Equity | 10/15 | €144,780 | €162,000 | +€17,220 | +11.9% |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Reserves | 13 | - | €155,200 | +€155,200 | |
| Distributable reserves | 133 | - | €155,200 | +€155,200 | |
| Profit (loss) carried forward | 14 | €137,980 | €0 | -€137,980 | -100% |
| Amounts payable | 17/49 | €9,026 | €33,132 | +€24,106 | +267% |
| Amounts payable within one year | 42/48 | €8,938 | €33,132 | +€24,194 | +271% |
| Trade debts | 44 | €4,264 | €0 | -€4,264 | -100% |
| Suppliers | 440/4 | €4,264 | €0 | -€4,264 | -100% |
| Taxes, remuneration and social security | 45 | €4,674 | €8,132 | +€3,458 | +74.0% |
| Taxes | 450/3 | €4,674 | €8,132 | +€3,458 | +74.0% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Accrued charges and deferred income | 492/3 | €88 | €0 | -€88 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,865 | €6,752 | -€2,113 | -23.8% |
| Other operating charges | 640/8 | €1,053 | €444 | -€609 | -57.8% |
| Gross operating margin | 9900 | €25,556 | €63,543 | +€37,986 | +149% |
| Operating profit (loss) | 9901 | €15,639 | €56,347 | +€40,708 | +260% |
| Financial income | 75/76B | €4,464 | €4,889 | +€425 | +9.5% |
| Recurring financial income | 75 | €4,464 | €4,889 | +€425 | +9.5% |
| Financial charges | 65/66B | €259 | €558 | +€299 | +116% |
| Recurring financial charges | 65 | €259 | €558 | +€299 | +116% |
| Profit (loss) for the period before taxes | 9903 | €19,844 | €60,678 | +€40,834 | +206% |
| Income taxes | 67/77 | €3,575 | €7,546 | +€3,970 | +111% |
| Profit (loss) for the period | 9904 | €16,269 | €53,133 | +€36,864 | +227% |
| Profit (loss) for the period to be appropriated | 9905 | €16,269 | €53,133 | +€36,864 | +227% |
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 14 October 2026 via checked.be.