CLEVERLAND: 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.
CLEVERLAND
Largest movements
- Receivables within one year +€16,267
up €16,267 (+37.6%), from €43,224 to €59,491
of which Trade receivables: +€22,635
- Tangible fixed assets +€13,963
up €13,963 (+54.0%), from €25,844 to €39,807
of which Other tangible fixed assets: +€17,697
- Cash -€1,845
down €1,845 (-36.7%), from €5,023 to €3,178
mainly Investment in fixed assets (net) (-€19,824) and Receivables within one year (-€16,267)
- Reserves +€29,364
up €29,364 (+58.2%), from €50,480 to €79,844
- Trade debts +€19,890
up €19,890 (+245%), from €8,107 to €27,997
- Tax, wage and social debts -€12,448
down €12,448 (-77.0%), from €16,162 to €3,714
- Other debts -€8,936
down €8,936 (-88.9%), from €10,050 to €1,114
- Advances received +€2,888
up €2,888 (+9,625%), from €30 to €2,918
- Taxes -€817
down €817 (-4.9%), from €16,538 to €15,720
- Gross operating margin -€721
down €721 (-1.4%), from €51,935 to €51,214
- Depreciation -€595
down €595 (-8.9%), from €6,668 to €6,072
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,637 | €154,746 | +€28,109 | +22.2% |
| Fixed assets | 21/28 | €26,441 | €40,192 | +€13,751 | +52.0% |
| Intangible fixed assets | 21 | €597 | €385 | -€212 | -35.5% |
| Tangible fixed assets | 22/27 | €25,844 | €39,807 | +€13,963 | +54.0% |
| Plant, machinery and equipment | 23 | €5,873 | €4,355 | -€1,518 | -25.8% |
| Furniture and vehicles | 24 | €3,593 | €1,377 | -€2,216 | -61.7% |
| Other tangible fixed assets | 26 | €16,378 | €34,075 | +€17,697 | +108% |
| Current assets | 29/58 | €100,197 | €114,554 | +€14,358 | +14.3% |
| Amounts receivable after more than one year | 29 | €21,500 | €21,500 | = | 0.0% |
| Other amounts receivable | 291 | €21,500 | €21,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €29,624 | €29,624 | = | 0.0% |
| Stocks | 30/36 | €29,624 | €29,624 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,224 | €59,491 | +€16,267 | +37.6% |
| Trade receivables | 40 | €27,064 | €49,699 | +€22,635 | +83.6% |
| Other amounts receivable | 41 | €16,161 | €9,792 | -€6,368 | -39.4% |
| Cash at bank and in hand | 54/58 | €5,023 | €3,178 | -€1,845 | -36.7% |
| Deferred charges and accrued income | 490/1 | €825 | €761 | -€64 | -7.8% |
| Total equity and liabilities | 10/49 | €126,637 | €154,746 | +€28,109 | +22.2% |
| Equity | 10/15 | €75,288 | €104,653 | +€29,364 | +39.0% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €50,480 | €79,844 | +€29,364 | +58.2% |
| Distributable reserves | 133 | €50,480 | €79,844 | +€29,364 | +58.2% |
| Profit (loss) carried forward | 14 | €5,909 | €5,909 | = | 0.0% |
| Amounts payable | 17/49 | €51,349 | €50,093 | -€1,255 | -2.4% |
| Amounts payable within one year | 42/48 | €51,349 | €50,093 | -€1,255 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €17,000 | €14,351 | -€2,649 | -15.6% |
| Trade debts | 44 | €8,107 | €27,997 | +€19,890 | +245% |
| Suppliers | 440/4 | €8,107 | €27,997 | +€19,890 | +245% |
| Advances received on contracts in progress | 46 | €30 | €2,918 | +€2,888 | +9,625% |
| Taxes, remuneration and social security | 45 | €16,162 | €3,714 | -€12,448 | -77.0% |
| Taxes | 450/3 | €16,162 | €3,714 | -€12,448 | -77.0% |
| Other amounts payable | 47/48 | €10,050 | €1,114 | -€8,936 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,668 | €6,072 | -€595 | -8.9% |
| Other operating charges | 640/8 | €570 | €584 | +€14 | +2.5% |
| Gross operating margin | 9900 | €51,935 | €51,214 | -€721 | -1.4% |
| Operating profit (loss) | 9901 | €44,697 | €44,557 | -€139 | -0.3% |
| Financial income | 75/76B | €1,503 | €1,369 | -€134 | -8.9% |
| Recurring financial income | 75 | €1,503 | €1,369 | -€134 | -8.9% |
| Financial charges | 65/66B | €542 | €841 | +€299 | +55.2% |
| Recurring financial charges | 65 | €542 | €841 | +€299 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €45,658 | €45,085 | -€573 | -1.3% |
| Income taxes | 67/77 | €16,538 | €15,720 | -€817 | -4.9% |
| Profit (loss) for the period | 9904 | €29,120 | €29,364 | +€244 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,120 | €29,364 | +€244 | +0.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.