CLEMY'S: 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.
CLEMY'S
Largest movements
- Tangible fixed assets -€22,526
down €22,526 (-4.8%), from €465,179 to €442,653
of which Land and buildings: -€27,769
- Cash -€11,693
down €11,693 (-26.9%), from €43,413 to €31,720
mainly Debts after one year (-€44,043) and Investment in fixed assets (net) (-€14,058)
- Debts after one year -€44,043
down €44,043 (-23.3%), from €188,935 to €144,892
- Reserves +€19,646
up €19,646 (+21.7%), from €90,716 to €110,362
- Trade debts -€8,534
down €8,534 (-19.0%), from €44,956 to €36,422
- Staff costs -€40,838
down €40,838 (-28.8%), from €141,878 to €101,040
- Gross operating margin -€29,350
down €29,350 (-13.1%), from €223,930 to €194,581
- Taxes +€4,635
up €4,635 (+75.1%), from €6,175 to €10,811
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 | €532,241 | €501,019 | -€31,222 | -5.9% |
| Fixed assets | 21/28 | €466,748 | €443,278 | -€23,471 | -5.0% |
| Intangible fixed assets | 21 | €1,569 | €624 | -€945 | -60.2% |
| Tangible fixed assets | 22/27 | €465,179 | €442,653 | -€22,526 | -4.8% |
| Land and buildings | 22 | €455,184 | €427,415 | -€27,769 | -6.1% |
| Plant, machinery and equipment | 23 | €8,403 | €13,445 | +€5,042 | +60.0% |
| Furniture and vehicles | 24 | €1,592 | €1,793 | +€201 | +12.6% |
| Current assets | 29/58 | €65,493 | €57,741 | -€7,752 | -11.8% |
| Stocks and contracts in progress | 3 | €12,147 | €14,838 | +€2,690 | +22.1% |
| Stocks | 30/36 | €12,147 | €14,838 | +€2,690 | +22.1% |
| Amounts receivable within one year | 40/41 | €4,728 | €7,920 | +€3,192 | +67.5% |
| Trade receivables | 40 | €1,604 | €2,549 | +€945 | +58.9% |
| Other amounts receivable | 41 | €3,125 | €5,371 | +€2,246 | +71.9% |
| Cash at bank and in hand | 54/58 | €43,413 | €31,720 | -€11,693 | -26.9% |
| Deferred charges and accrued income | 490/1 | €5,204 | €3,264 | -€1,940 | -37.3% |
| Total equity and liabilities | 10/49 | €532,241 | €501,019 | -€31,222 | -5.9% |
| Equity | 10/15 | €135,716 | €155,362 | +€19,646 | +14.5% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €90,716 | €110,362 | +€19,646 | +21.7% |
| Distributable reserves | 133 | €90,716 | €110,362 | +€19,646 | +21.7% |
| Amounts payable | 17/49 | €396,525 | €345,657 | -€50,868 | -12.8% |
| Amounts payable after more than one year | 17 | €188,935 | €144,892 | -€44,043 | -23.3% |
| Financial debts | 170/4 | €188,935 | €144,892 | -€44,043 | -23.3% |
| Amounts payable within one year | 42/48 | €207,578 | €200,760 | -€6,818 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €51,373 | €51,762 | +€388 | +0.8% |
| Trade debts | 44 | €44,956 | €36,422 | -€8,534 | -19.0% |
| Suppliers | 440/4 | €44,956 | €36,422 | -€8,534 | -19.0% |
| Taxes, remuneration and social security | 45 | €21,868 | €20,929 | -€939 | -4.3% |
| Taxes | 450/3 | €5,970 | €5,310 | -€659 | -11.0% |
| Remuneration and social security | 454/9 | €15,899 | €15,619 | -€280 | -1.8% |
| Other amounts payable | 47/48 | €89,380 | €91,647 | +€2,267 | +2.5% |
| Accrued charges and deferred income | 492/3 | €12 | €5 | -€7 | -57.9% |
| Remuneration, social security and pensions | 62 | €141,878 | €101,040 | -€40,838 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,863 | €37,529 | +€1,666 | +4.6% |
| Other operating charges | 640/8 | €1,417 | €1,655 | +€238 | +16.8% |
| Non-recurring operating charges | 66A | €1 | €59 | +€58 | +4,045% |
| Gross operating margin | 9900 | €223,930 | €194,581 | -€29,350 | -13.1% |
| Operating profit (loss) | 9901 | €44,770 | €54,297 | +€9,527 | +21.3% |
| Financial income | 75/76B | €170 | €132 | -€38 | -22.3% |
| Recurring financial income | 75 | €170 | €132 | -€38 | -22.3% |
| Financial charges | 65/66B | €25,941 | €23,973 | -€1,968 | -7.6% |
| Recurring financial charges | 65 | €25,941 | €23,973 | -€1,968 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €19,000 | €30,456 | +€11,456 | +60.3% |
| Income taxes | 67/77 | €6,175 | €10,811 | +€4,635 | +75.1% |
| Profit (loss) for the period | 9904 | €12,825 | €19,646 | +€6,821 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,825 | €19,646 | +€6,821 | +53.2% |
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 20 October 2026 via checked.be.