CLENIO: 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.
CLENIO
Largest movements
- Receivables within one year -€232,225
down €232,225 (-50.2%), from €462,433 to €230,209
of which Other amounts receivable: -€284,503
- Current investments +€200,000
up €200,000 (+100.0%), from €200,000 to €400,000
- Tangible fixed assets +€52,695
up €52,695 (+55.5%), from €95,009 to €147,704
of which Land and buildings: +€69,704
- Cash +€26,695
up €26,695 (+61.6%), from €43,321 to €70,016
mainly Receivables within one year (+€232,225) and Net result for the year (+€219,453)
- Reserves +€96,750
up €96,750 (+40.2%), from €240,820 to €337,570
of which Distributable reserves: +€96,750
- Other debts -€53,017
down €53,017 (-26.0%), from €203,714 to €150,697
- Financial income -€168,343
down €168,343 (-59.1%), from €284,916 to €116,573
- Gross operating margin +€14,421
up €14,421 (+8.9%), from €162,854 to €177,275
- Depreciation +€7,462
up €7,462 (+34.7%), from €21,495 to €28,957
- Taxes -€1,870
down €1,870 (-11.3%), from €16,610 to €14,739
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 | €837,451 | €884,617 | +€47,165 | +5.6% |
| Fixed assets | 21/28 | €131,697 | €184,392 | +€52,695 | +40.0% |
| Tangible fixed assets | 22/27 | €95,009 | €147,704 | +€52,695 | +55.5% |
| Land and buildings | 22 | €70,482 | €140,185 | +€69,704 | +98.9% |
| Plant, machinery and equipment | 23 | €24,528 | €7,519 | -€17,009 | -69.3% |
| Financial fixed assets | 28 | €36,688 | €36,688 | = | 0.0% |
| Current assets | 29/58 | €705,754 | €700,224 | -€5,530 | -0.8% |
| Amounts receivable within one year | 40/41 | €462,433 | €230,209 | -€232,225 | -50.2% |
| Trade receivables | 40 | €81,930 | €134,209 | +€52,279 | +63.8% |
| Other amounts receivable | 41 | €380,503 | €96,000 | -€284,503 | -74.8% |
| Current investments | 50/53 | €200,000 | €400,000 | +€200,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €43,321 | €70,016 | +€26,695 | +61.6% |
| Total equity and liabilities | 10/49 | €837,451 | €884,617 | +€47,165 | +5.6% |
| Equity | 10/15 | €603,254 | €703,869 | +€100,615 | +16.7% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Revaluation surpluses | 12 | €890 | €890 | = | 0.0% |
| Reserves | 13 | €240,820 | €337,570 | +€96,750 | +40.2% |
| Tax-exempt reserves | 132 | €83,161 | €83,161 | = | 0.0% |
| Distributable reserves | 133 | €157,658 | €254,408 | +€96,750 | +61.4% |
| Profit (loss) carried forward | 14 | €289,192 | €293,645 | +€4,453 | +1.5% |
| Investment grants | 15 | €2,943 | €2,354 | -€589 | -20.0% |
| Amounts payable | 17/49 | €234,197 | €180,748 | -€53,449 | -22.8% |
| Amounts payable within one year | 42/48 | €234,197 | €180,748 | -€53,449 | -22.8% |
| Trade debts | 44 | €6,452 | €2,108 | -€4,344 | -67.3% |
| Suppliers | 440/4 | €6,452 | €2,108 | -€4,344 | -67.3% |
| Taxes, remuneration and social security | 45 | €24,031 | €27,942 | +€3,911 | +16.3% |
| Taxes | 450/3 | €24,031 | €27,942 | +€3,911 | +16.3% |
| Other amounts payable | 47/48 | €203,714 | €150,697 | -€53,017 | -26.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €14,712 | €16,337 | +€1,625 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,495 | €28,957 | +€7,462 | +34.7% |
| Other operating charges | 640/8 | €508 | €524 | +€16 | +3.1% |
| Gross operating margin | 9900 | €162,854 | €177,275 | +€14,421 | +8.9% |
| Operating profit (loss) | 9901 | €126,138 | €131,457 | +€5,319 | +4.2% |
| Financial income | 75/76B | €284,916 | €116,573 | -€168,343 | -59.1% |
| Recurring financial income | 75 | €284,916 | €116,573 | -€168,343 | -59.1% |
| Financial charges | 65/66B | €12,172 | €13,837 | +€1,666 | +13.7% |
| Recurring financial charges | 65 | €12,172 | €13,837 | +€1,666 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €398,883 | €234,192 | -€164,690 | -41.3% |
| Income taxes | 67/77 | €16,610 | €14,739 | -€1,870 | -11.3% |
| Profit (loss) for the period | 9904 | €382,273 | €219,453 | -€162,820 | -42.6% |
| Transfer from tax-exempt reserves | 789 | €6,995 | - | -€6,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €389,268 | €219,453 | -€169,815 | -43.6% |
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 5 October 2026 via checked.be.