Cleoju: 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.
Cleoju
Largest movements
- Receivables within one year -€20,012
down €20,012 (-79.0%), from €25,340 to €5,328
of which Trade receivables: -€21,529
- Cash -€4,661
down €4,661 (-82.5%), from €5,651 to €989
mainly Net result for the year (-€38,864) and Trade debts (-€8,183)
- Tangible fixed assets -€3,100
down €3,100 (-31.5%), from €9,845 to €6,745
of which Furniture and vehicles: -€3,411
- Deferred charges and accrued income +€2,480
up €2,480 (+977%), from €254 to €2,734
- Stocks and contracts +€641
up €641 (+17.0%), from €3,778 to €4,419
- Profit (loss) carried forward -€38,865
down €38,865 (-82.9%), from -€46,875 to -€85,739
- Other debts +€20,715
up €20,715 (+121%), from €17,177 to €37,893
- Trade debts -€8,183
down €8,183 (-13.0%), from €63,111 to €54,928
- Short-term financial debts +€3,400
new in 2024: €3,400
- Tax, wage and social debts -€2,168
down €2,168 (-96.2%), from €2,253 to €85
of which Remuneration and social security: -€1,360
- Staff costs -€24,900
down €24,900 (-91.2%), from €27,309 to €2,409
- Gross operating margin -€14,162
down €14,162 (-222%), from -€6,377 to -€20,539
- Financial charges +€6,006
up €6,006 (+561%), from €1,070 to €7,076
- Other operating charges +€3,133
up €3,133 (+180%), from €1,739 to €4,872
- Depreciation -€344
down €344 (-8.0%), from €4,315 to €3,972
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,666 | €28,566 | -€25,100 | -46.8% |
| Fixed assets | 21/28 | €18,644 | €15,095 | -€3,548 | -19.0% |
| Intangible fixed assets | 21 | €281 | €165 | -€116 | -41.3% |
| Tangible fixed assets | 22/27 | €9,845 | €6,745 | -€3,100 | -31.5% |
| Plant, machinery and equipment | 23 | €1,901 | €2,212 | +€311 | +16.4% |
| Furniture and vehicles | 24 | €7,944 | €4,533 | -€3,411 | -42.9% |
| Financial fixed assets | 28 | €8,518 | €8,185 | -€333 | -3.9% |
| Current assets | 29/58 | €35,022 | €13,470 | -€21,552 | -61.5% |
| Stocks and contracts in progress | 3 | €3,778 | €4,419 | +€641 | +17.0% |
| Stocks | 30/36 | €3,778 | €4,419 | +€641 | +17.0% |
| Amounts receivable within one year | 40/41 | €25,340 | €5,328 | -€20,012 | -79.0% |
| Trade receivables | 40 | €25,272 | €3,743 | -€21,529 | -85.2% |
| Other amounts receivable | 41 | €69 | €1,585 | +€1,516 | +2,205% |
| Cash at bank and in hand | 54/58 | €5,651 | €989 | -€4,661 | -82.5% |
| Deferred charges and accrued income | 490/1 | €254 | €2,734 | +€2,480 | +977% |
| Total equity and liabilities | 10/49 | €53,666 | €28,566 | -€25,100 | -46.8% |
| Equity | 10/15 | -€28,875 | -€67,739 | -€38,865 | -135% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,875 | -€85,739 | -€38,865 | -82.9% |
| Amounts payable | 17/49 | €82,541 | €96,305 | +€13,764 | +16.7% |
| Amounts payable within one year | 42/48 | €82,541 | €96,305 | +€13,764 | +16.7% |
| Financial debts | 43 | - | €3,400 | +€3,400 | |
| Credit institutions | 430/8 | - | €3,400 | +€3,400 | |
| Trade debts | 44 | €63,111 | €54,928 | -€8,183 | -13.0% |
| Suppliers | 440/4 | €63,111 | €54,928 | -€8,183 | -13.0% |
| Taxes, remuneration and social security | 45 | €2,253 | €85 | -€2,168 | -96.2% |
| Taxes | 450/3 | €893 | €85 | -€808 | -90.5% |
| Remuneration and social security | 454/9 | €1,360 | - | -€1,360 | |
| Other amounts payable | 47/48 | €17,177 | €37,893 | +€20,715 | +121% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €27,309 | €2,409 | -€24,900 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,315 | €3,972 | -€344 | -8.0% |
| Other operating charges | 640/8 | €1,739 | €4,872 | +€3,133 | +180% |
| Gross operating margin | 9900 | -€6,377 | -€20,539 | -€14,162 | -222% |
| Operating profit (loss) | 9901 | -€39,741 | -€31,792 | +€7,949 | +20.0% |
| Financial income | 75/76B | €79 | €4 | -€75 | -94.5% |
| Recurring financial income | 75 | €79 | €4 | -€75 | -94.5% |
| Financial charges | 65/66B | €1,070 | €7,076 | +€6,006 | +561% |
| Recurring financial charges | 65 | €1,070 | €7,076 | +€6,006 | +561% |
| Profit (loss) for the period before taxes | 9903 | -€40,732 | -€38,864 | +€1,867 | +4.6% |
| Profit (loss) for the period | 9904 | -€40,732 | -€38,864 | +€1,867 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,732 | -€38,864 | +€1,867 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.