CLEVER LOGISTICS: 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.
CLEVER LOGISTICS
Largest movements
- Receivables within one year -€62,767
down €62,767 (-43.3%), from €144,908 to €82,141
of which Trade receivables: -€65,558
- Deferred charges and accrued income -€35,313
down €35,313 (-89.0%), from €39,660 to €4,347
- Cash -€18,829
down €18,829 (-80.1%), from €23,503 to €4,673
mainly Net result for the year (-€57,320) and Trade debts (-€51,345)
- Profit (loss) carried forward -€57,320
new in 2025: -€57,320
- Trade debts -€51,345
down €51,345 (-44.9%), from €114,254 to €62,908
- Tax, wage and social debts -€5,283
down €5,283 (-31.4%), from €16,840 to €11,558
of which Remuneration and social security: -€3,480
- Gross operating margin -€83,869
down €83,869, from €30,687 to -€53,182
- Other operating charges -€11,488
down €11,488 (-95.3%), from €12,057 to €570
- Taxes -€5,731
no longer reported in 2025 (was €5,731)
- Staff costs +€2,680
no longer reported in 2025 (was -€2,680)
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 | €390,984 | €274,075 | -€116,910 | -29.9% |
| Fixed assets | 21/28 | €182,914 | €182,914 | = | 0.0% |
| Intangible fixed assets | 21 | €140,219 | €140,219 | = | 0.0% |
| Tangible fixed assets | 22/27 | €42,695 | €42,695 | = | 0.0% |
| Plant, machinery and equipment | 23 | €31,902 | €31,902 | = | 0.0% |
| Furniture and vehicles | 24 | €10,793 | €10,793 | = | 0.0% |
| Current assets | 29/58 | €208,071 | €91,161 | -€116,910 | -56.2% |
| Amounts receivable within one year | 40/41 | €144,908 | €82,141 | -€62,767 | -43.3% |
| Trade receivables | 40 | €142,908 | €77,350 | -€65,558 | -45.9% |
| Other amounts receivable | 41 | €2,000 | €4,791 | +€2,791 | +140% |
| Cash at bank and in hand | 54/58 | €23,503 | €4,673 | -€18,829 | -80.1% |
| Deferred charges and accrued income | 490/1 | €39,660 | €4,347 | -€35,313 | -89.0% |
| Total equity and liabilities | 10/49 | €390,984 | €274,075 | -€116,910 | -29.9% |
| Equity | 10/15 | €249,729 | €192,409 | -€57,320 | -23.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €199,729 | €199,729 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €194,729 | €194,729 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€57,320 | -€57,320 | |
| Amounts payable | 17/49 | €141,255 | €81,666 | -€59,589 | -42.2% |
| Amounts payable within one year | 42/48 | €141,255 | €81,666 | -€59,589 | -42.2% |
| Trade debts | 44 | €114,254 | €62,908 | -€51,345 | -44.9% |
| Suppliers | 440/4 | €114,254 | €62,908 | -€51,345 | -44.9% |
| Taxes, remuneration and social security | 45 | €16,840 | €11,558 | -€5,283 | -31.4% |
| Taxes | 450/3 | €13,360 | €11,558 | -€1,803 | -13.5% |
| Remuneration and social security | 454/9 | €3,480 | - | -€3,480 | |
| Other amounts payable | 47/48 | €10,162 | €7,200 | -€2,961 | -29.1% |
| Non-recurring operating income | 76A | - | €13,288 | +€13,288 | |
| Remuneration, social security and pensions | 62 | -€2,680 | - | +€2,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €0 | = | |
| Other operating charges | 640/8 | €12,057 | €570 | -€11,488 | -95.3% |
| Non-recurring operating charges | 66A | - | €2,267 | +€2,267 | |
| Gross operating margin | 9900 | €30,687 | -€53,182 | -€83,869 | |
| Operating profit (loss) | 9901 | €21,310 | -€56,019 | -€77,329 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,015 | €1,311 | +€296 | +29.2% |
| Recurring financial charges | 65 | €1,015 | €1,311 | +€296 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €20,296 | -€57,320 | -€77,616 | |
| Income taxes | 67/77 | €5,731 | - | -€5,731 | |
| Profit (loss) for the period | 9904 | €14,565 | -€57,320 | -€71,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,565 | -€57,320 | -€71,885 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.