CLEURENCIDERS: 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.
CLEURENCIDERS
Largest movements
- Stocks and contracts -€15,000
down €15,000 (-24.5%), from €61,103 to €46,103
- Cash +€13,136
up €13,136 (+121%), from €10,858 to €23,993
mainly Stocks and contracts (+€15,000) and Current portion of long-term debt (+€2,363)
- Tangible fixed assets -€2,088
down €2,088 (-16.4%), from €12,771 to €10,683
- Receivables within one year -€1,087
down €1,087 (-35.8%), from €3,039 to €1,952
of which Trade receivables: -€1,133
- Debts after one year -€9,973
down €9,973 (-19.8%), from €50,430 to €40,457
- Current portion of long-term debt +€2,363
up €2,363 (+46.2%), from €5,118 to €7,481
- Accrued charges and deferred income +€1,920
up €1,920 (+23.5%), from €8,160 to €10,080
- Reserves +€985
up €985 (+11.8%), from €8,329 to €9,314
- Other operating charges +€571
up €571 (+49.0%), from €1,167 to €1,739
- Financial charges -€516
down €516 (-23.4%), from €2,210 to €1,693
- Gross operating margin +€503
up €503 (+7.9%), from €6,346 to €6,849
- Depreciation +€293
up €293 (+16.3%), from €1,795 to €2,088
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 | €88,200 | €83,228 | -€4,972 | -5.6% |
| Fixed assets | 21/28 | €12,771 | €10,683 | -€2,088 | -16.4% |
| Tangible fixed assets | 22/27 | €12,771 | €10,683 | -€2,088 | -16.4% |
| Plant, machinery and equipment | 23 | €12,771 | €10,683 | -€2,088 | -16.4% |
| Current assets | 29/58 | €75,429 | €72,545 | -€2,884 | -3.8% |
| Amounts receivable after more than one year | 29 | €400 | €400 | = | 0.0% |
| Other amounts receivable | 291 | €400 | €400 | = | 0.0% |
| Stocks and contracts in progress | 3 | €61,103 | €46,103 | -€15,000 | -24.5% |
| Stocks | 30/36 | €61,103 | €46,103 | -€15,000 | -24.5% |
| Amounts receivable within one year | 40/41 | €3,039 | €1,952 | -€1,087 | -35.8% |
| Trade receivables | 40 | €3,039 | €1,906 | -€1,133 | -37.3% |
| Other amounts receivable | 41 | - | €46 | +€46 | |
| Cash at bank and in hand | 54/58 | €10,858 | €23,993 | +€13,136 | +121% |
| Deferred charges and accrued income | 490/1 | €30 | €98 | +€68 | +225% |
| Total equity and liabilities | 10/49 | €88,200 | €83,228 | -€4,972 | -5.6% |
| Equity | 10/15 | €13,329 | €14,314 | +€985 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,329 | €9,314 | +€985 | +11.8% |
| Distributable reserves | 133 | €8,329 | €9,314 | +€985 | +11.8% |
| Amounts payable | 17/49 | €74,871 | €68,914 | -€5,957 | -8.0% |
| Amounts payable after more than one year | 17 | €50,430 | €40,457 | -€9,973 | -19.8% |
| Financial debts | 170/4 | €50,430 | €40,457 | -€9,973 | -19.8% |
| Amounts payable within one year | 42/48 | €16,281 | €18,377 | +€2,096 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €5,118 | €7,481 | +€2,363 | +46.2% |
| Trade debts | 44 | €251 | €347 | +€96 | +38.2% |
| Suppliers | 440/4 | €251 | €347 | +€96 | +38.2% |
| Taxes, remuneration and social security | 45 | €3,794 | €3,117 | -€676 | -17.8% |
| Taxes | 450/3 | €3,794 | €3,117 | -€676 | -17.8% |
| Other amounts payable | 47/48 | €7,118 | €7,433 | +€314 | +4.4% |
| Accrued charges and deferred income | 492/3 | €8,160 | €10,080 | +€1,920 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,795 | €2,088 | +€293 | +16.3% |
| Other operating charges | 640/8 | €1,167 | €1,739 | +€571 | +49.0% |
| Gross operating margin | 9900 | €6,346 | €6,849 | +€503 | +7.9% |
| Operating profit (loss) | 9901 | €3,384 | €3,022 | -€361 | -10.7% |
| Financial income | 75/76B | €6 | €1 | -€5 | -82.0% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -82.0% |
| Financial charges | 65/66B | €2,210 | €1,693 | -€516 | -23.4% |
| Recurring financial charges | 65 | €2,210 | €1,693 | -€516 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €1,179 | €1,330 | +€151 | +12.8% |
| Income taxes | 67/77 | €314 | €346 | +€31 | +9.9% |
| Profit (loss) for the period | 9904 | €865 | €985 | +€120 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €865 | €985 | +€120 | +13.8% |
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 23 October 2026 via checked.be.