CLEREN DIRK: 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.
CLEREN DIRK
Largest movements
- Stocks and contracts -€370,982
down €370,982 (-88.2%), from €420,502 to €49,519
- Receivables within one year +€83,349
up €83,349 (+124%), from €66,954 to €150,302
of which Other amounts receivable: +€128,299
- Cash -€41,379
down €41,379 (-14.6%), from €283,534 to €242,155
mainly Other debts (-€184,468) and Receivables within one year (-€83,349)
- Tangible fixed assets -€24,298
down €24,298 (-6.2%), from €392,088 to €367,789
of which Furniture and vehicles: -€23,305
- Other debts -€184,468
down €184,468 (-85.2%), from €216,468 to €32,000
- Tax, wage and social debts -€62,772
down €62,772 (-75.4%), from €83,243 to €20,471
- Short-term financial debts -€45,010
down €45,010 (-47.4%), from €95,010 to €50,000
- Trade debts -€36,218
down €36,218 (-52.2%), from €69,403 to €33,184
- Debts after one year -€21,592
down €21,592 (-84.8%), from €25,459 to €3,868
- Gross operating margin -€175,866
down €175,866 (-59.6%), from €295,077 to €119,211
- Financial charges -€55,412
down €55,412 (-86.1%), from €64,370 to €8,958
of which Financial charges: -€50,329
- Taxes -€53,629
down €53,629 (-80.5%), from €66,591 to €12,962
- Other operating charges +€40,386
up €40,386 (+1,346%), from €3,000 to €43,386
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 | €1,168,313 | €813,658 | -€354,654 | -30.4% |
| Fixed assets | 21/28 | €392,088 | €367,789 | -€24,298 | -6.2% |
| Tangible fixed assets | 22/27 | €392,088 | €367,789 | -€24,298 | -6.2% |
| Land and buildings | 22 | €342,578 | €342,578 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,007 | €2,013 | -€994 | -33.0% |
| Furniture and vehicles | 24 | €46,503 | €23,198 | -€23,305 | -50.1% |
| Current assets | 29/58 | €776,225 | €445,869 | -€330,356 | -42.6% |
| Stocks and contracts in progress | 3 | €420,502 | €49,519 | -€370,982 | -88.2% |
| Stocks | 30/36 | €420,502 | €49,519 | -€370,982 | -88.2% |
| Amounts receivable within one year | 40/41 | €66,954 | €150,302 | +€83,349 | +124% |
| Trade receivables | 40 | €49,713 | €4,762 | -€44,950 | -90.4% |
| Other amounts receivable | 41 | €17,241 | €145,540 | +€128,299 | +744% |
| Cash at bank and in hand | 54/58 | €283,534 | €242,155 | -€41,379 | -14.6% |
| Deferred charges and accrued income | 490/1 | €5,236 | €3,892 | -€1,343 | -25.7% |
| Total equity and liabilities | 10/49 | €1,168,313 | €813,658 | -€354,654 | -30.4% |
| Equity | 10/15 | €657,531 | €652,543 | -€4,988 | -0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €645,131 | €640,143 | -€4,988 | -0.8% |
| Distributable reserves | 133 | €645,131 | €640,143 | -€4,988 | -0.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €510,782 | €161,115 | -€349,667 | -68.5% |
| Amounts payable after more than one year | 17 | €25,459 | €3,868 | -€21,592 | -84.8% |
| Financial debts | 170/4 | €25,459 | €3,868 | -€21,592 | -84.8% |
| Amounts payable within one year | 42/48 | €485,322 | €157,247 | -€328,075 | -67.6% |
| Current portion of amounts payable after more than one year | 42 | €21,197 | €21,592 | +€394 | +1.9% |
| Financial debts | 43 | €95,010 | €50,000 | -€45,010 | -47.4% |
| Credit institutions | 430/8 | €95,010 | €50,000 | -€45,010 | -47.4% |
| Trade debts | 44 | €69,403 | €33,184 | -€36,218 | -52.2% |
| Suppliers | 440/4 | €69,403 | €33,184 | -€36,218 | -52.2% |
| Taxes, remuneration and social security | 45 | €83,243 | €20,471 | -€62,772 | -75.4% |
| Taxes | 450/3 | €83,243 | €20,471 | -€62,772 | -75.4% |
| Other amounts payable | 47/48 | €216,468 | €32,000 | -€184,468 | -85.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,028 | €24,298 | +€270 | +1.1% |
| Other operating charges | 640/8 | €3,000 | €43,386 | +€40,386 | +1,346% |
| Non-recurring operating charges | 66A | - | €4,423 | +€4,423 | |
| Gross operating margin | 9900 | €295,077 | €119,211 | -€175,866 | -59.6% |
| Operating profit (loss) | 9901 | €268,049 | €47,104 | -€220,945 | -82.4% |
| Financial income | 75/76B | €65 | €1,828 | +€1,763 | +2,724% |
| Recurring financial income | 75 | €65 | €1,828 | +€1,763 | +2,724% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €64,370 | €8,958 | -€55,412 | -86.1% |
| Recurring financial charges | 65 | €59,287 | €8,958 | -€50,329 | -84.9% |
| Non-recurring financial charges | 66B | €5,083 | €0 | -€5,083 | -100% |
| Profit (loss) for the period before taxes | 9903 | €203,744 | €39,974 | -€163,770 | -80.4% |
| Income taxes | 67/77 | €66,591 | €12,962 | -€53,629 | -80.5% |
| Profit (loss) for the period | 9904 | €137,153 | €27,012 | -€110,140 | -80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €137,153 | €27,012 | -€110,140 | -80.3% |
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 16 October 2026 via checked.be.