CLEVERCAST: 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.
CLEVERCAST
Largest movements
- Receivables within one year +€193,924
up €193,924 (+248%), from €78,124 to €272,048
of which Other amounts receivable: +€191,233
- Cash -€81,744
down €81,744 (-11.1%), from €737,096 to €655,352
mainly Receivables within one year (-€193,924) and Other debts (-€34,644)
- Reserves +€159,875
up €159,875 (+22.2%), from €720,292 to €880,167
of which Distributable reserves: +€159,875
- Other debts -€34,644
no longer reported in 2025 (was €34,644)
- Tax, wage and social debts -€20,281
down €20,281 (-40.9%), from €49,628 to €29,347
of which Taxes: -€11,683
- Staff costs -€15,907
down €15,907 (-6.5%), from €242,936 to €227,029
- Gross operating margin +€12,542
up €12,542 (+2.9%), from €435,984 to €448,525
- Taxes +€10,804
up €10,804 (+21.2%), from €50,972 to €61,776
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 | €825,547 | €933,916 | +€108,369 | +13.1% |
| Fixed assets | 21/28 | €8,636 | €5,459 | -€3,178 | -36.8% |
| Tangible fixed assets | 22/27 | €6,987 | €3,810 | -€3,178 | -45.5% |
| Plant, machinery and equipment | 23 | €3,959 | €2,331 | -€1,628 | -41.1% |
| Furniture and vehicles | 24 | €3,029 | €1,478 | -€1,550 | -51.2% |
| Financial fixed assets | 28 | €1,649 | €1,649 | = | 0.0% |
| Current assets | 29/58 | €816,911 | €928,457 | +€111,546 | +13.7% |
| Amounts receivable within one year | 40/41 | €78,124 | €272,048 | +€193,924 | +248% |
| Trade receivables | 40 | €78,124 | €80,815 | +€2,691 | +3.4% |
| Other amounts receivable | 41 | - | €191,233 | +€191,233 | |
| Cash at bank and in hand | 54/58 | €737,096 | €655,352 | -€81,744 | -11.1% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,057 | -€634 | -37.5% |
| Total equity and liabilities | 10/49 | €825,547 | €933,916 | +€108,369 | +13.1% |
| Equity | 10/15 | €738,892 | €898,767 | +€159,875 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €720,292 | €880,167 | +€159,875 | +22.2% |
| Tax-exempt reserves | 132 | €2,033 | €2,033 | = | 0.0% |
| Distributable reserves | 133 | €718,259 | €878,134 | +€159,875 | +22.3% |
| Amounts payable | 17/49 | €86,655 | €35,149 | -€51,506 | -59.4% |
| Amounts payable within one year | 42/48 | €86,655 | €35,149 | -€51,506 | -59.4% |
| Trade debts | 44 | €2,383 | €5,802 | +€3,418 | +143% |
| Suppliers | 440/4 | €2,383 | €5,802 | +€3,418 | +143% |
| Taxes, remuneration and social security | 45 | €49,628 | €29,347 | -€20,281 | -40.9% |
| Taxes | 450/3 | €21,436 | €9,752 | -€11,683 | -54.5% |
| Remuneration and social security | 454/9 | €28,192 | €19,595 | -€8,597 | -30.5% |
| Other amounts payable | 47/48 | €34,644 | - | -€34,644 | |
| Remuneration, social security and pensions | 62 | €242,936 | €227,029 | -€15,907 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,199 | €3,178 | -€2,021 | -38.9% |
| Other operating charges | 640/8 | €1,177 | €1,108 | -€69 | -5.9% |
| Gross operating margin | 9900 | €435,984 | €448,525 | +€12,542 | +2.9% |
| Operating profit (loss) | 9901 | €186,672 | €217,211 | +€30,538 | +16.4% |
| Financial income | 75/76B | €3,916 | €6,261 | +€2,345 | +59.9% |
| Recurring financial income | 75 | €3,916 | €6,261 | +€2,345 | +59.9% |
| Financial charges | 65/66B | €1,927 | €1,822 | -€106 | -5.5% |
| Recurring financial charges | 65 | €1,927 | €1,822 | -€106 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €188,661 | €221,650 | +€32,989 | +17.5% |
| Income taxes | 67/77 | €50,972 | €61,776 | +€10,804 | +21.2% |
| Profit (loss) for the period | 9904 | €137,689 | €159,875 | +€22,186 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €137,689 | €159,875 | +€22,186 | +16.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.