CLEVER CONSULT: 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.
CLEVER CONSULT
Largest movements
- Current investments +€46,830
up €46,830 (+6.8%), from €692,100 to €738,930
- Cash -€25,015
down €25,015 (-23.5%), from €106,493 to €81,478
mainly Contributions, distributions and other (-€87,790) and Current investments (-€46,830)
- Profit (loss) carried forward +€75,391
up €75,391 (+80.0%), from €94,209 to €169,600
- Reserves -€41,152
down €41,152 (-7.5%), from €551,186 to €510,034
- Financial income -€94,081
down €94,081 (-93.9%), from €100,199 to €6,119
- Gross operating margin +€16,789
up €16,789 (+11.6%), from €144,430 to €161,218
- Taxes -€10,129
down €10,129 (-20.1%), from €50,485 to €40,356
- Financial charges -€3,457
down €3,457 (-56.0%), from €6,174 to €2,718
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 | €802,460 | €829,847 | +€27,388 | +3.4% |
| Fixed assets | 21/28 | €1,810 | €3,699 | +€1,889 | +104.4% |
| Tangible fixed assets | 22/27 | €1,810 | €3,699 | +€1,889 | +104.4% |
| Plant, machinery and equipment | 23 | €622 | €323 | -€299 | -48.1% |
| Furniture and vehicles | 24 | €1,188 | €3,376 | +€2,188 | +184.2% |
| Current assets | 29/58 | €800,650 | €826,148 | +€25,498 | +3.2% |
| Amounts receivable within one year | 40/41 | €363 | €3,582 | +€3,219 | +886.6% |
| Trade receivables | 40 | €363 | €2,103 | +€1,740 | +479.2% |
| Other amounts receivable | 41 | - | €1,479 | +€1,479 | |
| Current investments | 50/53 | €692,100 | €738,930 | +€46,830 | +6.8% |
| Cash at bank and in hand | 54/58 | €106,493 | €81,478 | -€25,015 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,694 | €2,159 | +€464 | +27.4% |
| Total equity and liabilities | 10/49 | €802,460 | €829,847 | +€27,388 | +3.4% |
| Equity | 10/15 | €651,595 | €685,835 | +€34,239 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €551,186 | €510,034 | -€41,152 | -7.5% |
| Distributable reserves | 133 | €551,186 | €510,034 | -€41,152 | -7.5% |
| Profit (loss) carried forward | 14 | €94,209 | €169,600 | +€75,391 | +80.0% |
| Amounts payable | 17/49 | €150,864 | €144,013 | -€6,852 | -4.5% |
| Amounts payable within one year | 42/48 | €150,798 | €144,003 | -€6,795 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €10,171 | €10,226 | +€55 | +0.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,259 | €2,442 | +€1,183 | +94.0% |
| Suppliers | 440/4 | €1,259 | €2,442 | +€1,183 | +94.0% |
| Taxes, remuneration and social security | 45 | €51,301 | €43,103 | -€8,197 | -16.0% |
| Taxes | 450/3 | €51,301 | €43,103 | -€8,197 | -16.0% |
| Other amounts payable | 47/48 | €88,067 | €88,232 | +€165 | +0.2% |
| Accrued charges and deferred income | 492/3 | €67 | €10 | -€57 | -85.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €1,417 | +€849 | +149.6% |
| Other operating charges | 640/8 | €694 | €818 | +€124 | +17.8% |
| Gross operating margin | 9900 | €144,430 | €161,218 | +€16,789 | +11.6% |
| Operating profit (loss) | 9901 | €143,168 | €158,984 | +€15,816 | +11.0% |
| Financial income | 75/76B | €100,199 | €6,119 | -€94,081 | -93.9% |
| Recurring financial income | 75 | €100,199 | €6,119 | -€94,081 | -93.9% |
| Financial charges | 65/66B | €6,174 | €2,718 | -€3,457 | -56.0% |
| Recurring financial charges | 65 | €6,174 | €2,718 | -€3,457 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €237,193 | €162,385 | -€74,808 | -31.5% |
| Income taxes | 67/77 | €50,485 | €40,356 | -€10,129 | -20.1% |
| Profit (loss) for the period | 9904 | €186,709 | €122,029 | -€64,679 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €186,709 | €122,029 | -€64,679 | -34.6% |
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 5 October 2026 via checked.be.