CLEVERING: 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.
CLEVERING
Largest movements
- Cash +€19,442
up €19,442 (+55.2%), from €35,249 to €54,691
mainly Net result for the year (+€25,413) and Other debts (+€14,062)
- Receivables within one year +€14,520
up €14,520 (+120%), from €12,104 to €26,625
of which Trade receivables: +€14,520
- Reserves +€24,580
up €24,580 (+122%), from €20,090 to €44,671
- Other debts +€14,062
up €14,062 (+249%), from €5,649 to €19,711
- Tax, wage and social debts -€4,408
down €4,408 (-23.0%), from €19,207 to €14,798
of which Taxes: -€2,958
- Gross operating margin +€16,118
up €16,118 (+77.7%), from €20,737 to €36,855
- Taxes +€4,513
up €4,513 (+80.4%), from €5,611 to €10,124
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 | €48,135 | €82,708 | +€34,573 | +71.8% |
| Fixed assets | 21/28 | €717 | €1,392 | +€675 | +94.1% |
| Tangible fixed assets | 22/27 | €717 | €1,392 | +€675 | +94.1% |
| Furniture and vehicles | 24 | €717 | €1,392 | +€675 | +94.1% |
| Current assets | 29/58 | €47,418 | €81,316 | +€33,898 | +71.5% |
| Amounts receivable within one year | 40/41 | €12,104 | €26,625 | +€14,520 | +120% |
| Trade receivables | 40 | €12,100 | €26,620 | +€14,520 | +120% |
| Other amounts receivable | 41 | €4 | €5 | +€0 | +3.4% |
| Cash at bank and in hand | 54/58 | €35,249 | €54,691 | +€19,442 | +55.2% |
| Deferred charges and accrued income | 490/1 | €64 | €0 | -€64 | -100% |
| Total equity and liabilities | 10/49 | €48,135 | €82,708 | +€34,573 | +71.8% |
| Equity | 10/15 | €23,090 | €47,671 | +€24,580 | +106% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,090 | €44,671 | +€24,580 | +122% |
| Distributable reserves | 133 | €20,090 | €44,671 | +€24,580 | +122% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,045 | €35,037 | +€9,992 | +39.9% |
| Amounts payable within one year | 42/48 | €25,045 | €35,037 | +€9,992 | +39.9% |
| Trade debts | 44 | €189 | €528 | +€339 | +179% |
| Suppliers | 440/4 | €189 | €528 | +€339 | +179% |
| Taxes, remuneration and social security | 45 | €19,207 | €14,798 | -€4,408 | -23.0% |
| Taxes | 450/3 | €17,757 | €14,798 | -€2,958 | -16.7% |
| Remuneration and social security | 454/9 | €1,450 | €0 | -€1,450 | -100% |
| Other amounts payable | 47/48 | €5,649 | €19,711 | +€14,062 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €786 | €787 | +€1 | +0.1% |
| Other operating charges | 640/8 | €387 | €453 | +€65 | +16.9% |
| Gross operating margin | 9900 | €20,737 | €36,855 | +€16,118 | +77.7% |
| Operating profit (loss) | 9901 | €19,563 | €35,616 | +€16,052 | +82.1% |
| Financial income | 75/76B | €3 | €0 | -€3 | -90.1% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -90.1% |
| Financial charges | 65/66B | €39 | €78 | +€39 | +99.8% |
| Recurring financial charges | 65 | €39 | €78 | +€39 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | €19,527 | €35,538 | +€16,011 | +82.0% |
| Income taxes | 67/77 | €5,611 | €10,124 | +€4,513 | +80.4% |
| Profit (loss) for the period | 9904 | €13,916 | €25,413 | +€11,498 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,916 | €25,413 | +€11,498 | +82.6% |
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 14 October 2026 via checked.be.