CLEUTERPE: 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.
CLEUTERPE
Largest movements
- Receivables within one year +€23,947
up €23,947 (+17.8%), from €134,348 to €158,295
of which Trade receivables: +€12,879
- Cash -€17,582
down €17,582 (-74.1%), from €23,735 to €6,152
mainly Contributions, distributions and other (-€76,835) and Receivables within one year (-€23,947)
- Deferred charges and accrued income -€3,378
down €3,378 (-25.1%), from €13,475 to €10,098
- Tangible fixed assets -€2,411
down €2,411 (-16.1%), from €14,930 to €12,519
- Reserves -€85,592
down €85,592 (-50.5%), from €169,410 to €83,818
- Other debts +€76,835
new in 2025: €76,835
- Trade debts +€11,613
up €11,613 (+337.5%), from €3,441 to €15,055
- Tax, wage and social debts -€2,281
down €2,281 (-40.4%), from €5,650 to €3,369
- Gross operating margin -€31,110
down €31,110, from €25,128 to -€5,982
- Taxes -€6,157
down €6,157 (-96.0%), from €6,414 to €257
- Other operating charges +€4,070
up €4,070 (+482.9%), from €843 to €4,913
- Financial charges -€631
down €631 (-22.7%), from €2,787 to €2,155
- Depreciation +€333
up €333 (+16.0%), from €2,078 to €2,411
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 | €188,310 | €188,886 | +€575 | +0.3% |
| Fixed assets | 21/28 | €16,752 | €14,341 | -€2,411 | -14.4% |
| Tangible fixed assets | 22/27 | €14,930 | €12,519 | -€2,411 | -16.1% |
| Furniture and vehicles | 24 | €14,930 | €12,519 | -€2,411 | -16.1% |
| Financial fixed assets | 28 | €1,822 | €1,822 | = | 0.0% |
| Current assets | 29/58 | €171,558 | €174,545 | +€2,987 | +1.7% |
| Amounts receivable within one year | 40/41 | €134,348 | €158,295 | +€23,947 | +17.8% |
| Trade receivables | 40 | €7,921 | €20,800 | +€12,879 | +162.6% |
| Other amounts receivable | 41 | €126,427 | €137,495 | +€11,068 | +8.8% |
| Cash at bank and in hand | 54/58 | €23,735 | €6,152 | -€17,582 | -74.1% |
| Deferred charges and accrued income | 490/1 | €13,475 | €10,098 | -€3,378 | -25.1% |
| Total equity and liabilities | 10/49 | €188,310 | €188,886 | +€575 | +0.3% |
| Equity | 10/15 | €179,219 | €93,627 | -€85,592 | -47.8% |
| Contributions | 10/11 | €9,809 | €9,809 | = | 0.0% |
| Reserves | 13 | €169,410 | €83,818 | -€85,592 | -50.5% |
| Distributable reserves | 133 | €169,410 | €83,818 | -€85,592 | -50.5% |
| Amounts payable | 17/49 | €9,091 | €95,259 | +€86,167 | +947.8% |
| Amounts payable within one year | 42/48 | €9,091 | €95,259 | +€86,167 | +947.8% |
| Trade debts | 44 | €3,441 | €15,055 | +€11,613 | +337.5% |
| Suppliers | 440/4 | €3,441 | €15,055 | +€11,613 | +337.5% |
| Taxes, remuneration and social security | 45 | €5,650 | €3,369 | -€2,281 | -40.4% |
| Taxes | 450/3 | €5,650 | €3,369 | -€2,281 | -40.4% |
| Other amounts payable | 47/48 | - | €76,835 | +€76,835 | |
| Non-recurring operating income | 76A | €23,358 | - | -€23,358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,078 | €2,411 | +€333 | +16.0% |
| Other operating charges | 640/8 | €843 | €4,913 | +€4,070 | +482.9% |
| Gross operating margin | 9900 | €25,128 | -€5,982 | -€31,110 | |
| Operating profit (loss) | 9901 | €22,207 | -€13,307 | -€35,514 | |
| Financial income | 75/76B | €6,639 | €6,962 | +€323 | +4.9% |
| Recurring financial income | 75 | €6,639 | €6,962 | +€323 | +4.9% |
| Financial charges | 65/66B | €2,787 | €2,155 | -€631 | -22.7% |
| Recurring financial charges | 65 | €2,787 | €2,155 | -€631 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €26,059 | -€8,500 | -€34,560 | |
| Income taxes | 67/77 | €6,414 | €257 | -€6,157 | -96.0% |
| Profit (loss) for the period | 9904 | €19,645 | -€8,757 | -€28,402 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,645 | -€8,757 | -€28,402 |
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 8 October 2026 via checked.be.