CLERTIMMO: 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.
CLERTIMMO
Largest movements
- Tangible fixed assets +€22,461
up €22,461 (+4.2%), from €531,879 to €554,340
- Cash -€12,231
down €12,231 (-42.7%), from €28,662 to €16,431
mainly Investment in fixed assets (net) (-€52,133) and Debts after one year (-€10,700)
- Profit (loss) carried forward +€26,479
up €26,479, from -€26,474 to €5
- Debts after one year -€10,700
down €10,700 (-2.9%), from €367,955 to €357,255
- Accrued charges and deferred income -€8,303
no longer reported in 2025 (was €8,303)
- Current portion of long-term debt +€5,921
up €5,921 (+14.8%), from €40,130 to €46,052
- Gross operating margin +€9,458
up €9,458 (+14.8%), from €64,105 to €73,564
- Depreciation +€3,999
up €3,999 (+15.6%), from €25,673 to €29,672
- Financial charges +€982
up €982 (+13.2%), from €7,461 to €8,443
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 | €560,541 | €573,812 | +€13,271 | +2.4% |
| Fixed assets | 21/28 | €531,879 | €554,340 | +€22,461 | +4.2% |
| Tangible fixed assets | 22/27 | €531,879 | €554,340 | +€22,461 | +4.2% |
| Land and buildings | 22 | €531,879 | €554,340 | +€22,461 | +4.2% |
| Current assets | 29/58 | €28,662 | €19,472 | -€9,190 | -32.1% |
| Cash at bank and in hand | 54/58 | €28,662 | €16,431 | -€12,231 | -42.7% |
| Deferred charges and accrued income | 490/1 | - | €3,041 | +€3,041 | |
| Total equity and liabilities | 10/49 | €560,541 | €573,812 | +€13,271 | +2.4% |
| Equity | 10/15 | -€24,474 | €2,005 | +€26,479 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,474 | €5 | +€26,479 | |
| Amounts payable | 17/49 | €585,015 | €571,806 | -€13,208 | -2.3% |
| Amounts payable after more than one year | 17 | €367,955 | €357,255 | -€10,700 | -2.9% |
| Financial debts | 170/4 | €367,955 | €357,255 | -€10,700 | -2.9% |
| Amounts payable within one year | 42/48 | €208,756 | €214,552 | +€5,795 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €40,130 | €46,052 | +€5,921 | +14.8% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Other amounts payable | 47/48 | €168,500 | €168,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,303 | - | -€8,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,673 | €29,672 | +€3,999 | +15.6% |
| Other operating charges | 640/8 | €8,943 | €8,969 | +€26 | +0.3% |
| Gross operating margin | 9900 | €64,105 | €73,564 | +€9,458 | +14.8% |
| Operating profit (loss) | 9901 | €29,489 | €34,922 | +€5,433 | +18.4% |
| Financial charges | 65/66B | €7,461 | €8,443 | +€982 | +13.2% |
| Recurring financial charges | 65 | €7,461 | €8,443 | +€982 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €22,028 | €26,479 | +€4,451 | +20.2% |
| Profit (loss) for the period | 9904 | €22,028 | €26,479 | +€4,451 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,028 | €26,479 | +€4,451 | +20.2% |
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 15 October 2026 via checked.be.