CLEVERMINDS: 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.
CLEVERMINDS
Largest movements
- Cash -€122,817
down €122,817 (-12.7%), from €969,193 to €846,376
mainly Trade debts (-€122,869) and Receivables within one year (-€67,486)
- Receivables within one year +€67,486
up €67,486 (+78.8%), from €85,619 to €153,104
of which Trade receivables: +€66,603
- Deferred charges and accrued income -€65,750
no longer reported in 2024 (was €65,750)
- Trade debts -€122,869
down €122,869 (-11.8%), from €1.0m to €915,624
- Gross operating margin -€1,492
down €1,492 (-15.6%), from €9,536 to €8,044
- Taxes -€945
down €945 (-28.2%), from €3,352 to €2,407
- Depreciation +€440
up €440 (+9.2%), from €4,802 to €5,242
- Financial income +€169
new in 2024: €169
- Financial charges +€125
up €125 (+76.5%), from €163 to €288
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.
Cash bridge derived
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 | €1,133,337 | €1,011,450 | -€121,887 | -10.8% |
| Fixed assets | 21/28 | €12,776 | €11,970 | -€806 | -6.3% |
| Intangible fixed assets | 21 | €1,036 | €902 | -€134 | -13.0% |
| Tangible fixed assets | 22/27 | €11,740 | €11,068 | -€672 | -5.7% |
| Furniture and vehicles | 24 | €11,740 | €9,368 | -€2,372 | -20.2% |
| Other tangible fixed assets | 26 | - | €1,700 | +€1,700 | |
| Current assets | 29/58 | €1,120,561 | €999,480 | -€121,081 | -10.8% |
| Amounts receivable within one year | 40/41 | €85,619 | €153,104 | +€67,486 | +78.8% |
| Trade receivables | 40 | €85,599 | €152,202 | +€66,603 | +77.8% |
| Other amounts receivable | 41 | €19 | €902 | +€883 | +4578.4% |
| Cash at bank and in hand | 54/58 | €969,193 | €846,376 | -€122,817 | -12.7% |
| Deferred charges and accrued income | 490/1 | €65,750 | - | -€65,750 | |
| Total equity and liabilities | 10/49 | €1,133,337 | €1,011,450 | -€121,887 | -10.8% |
| Equity | 10/15 | €20,545 | €20,821 | +€276 | +1.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Share premium | 1100/10 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €15,545 | €15,821 | +€276 | +1.8% |
| Amounts payable | 17/49 | €1,112,793 | €990,629 | -€122,164 | -11.0% |
| Amounts payable after more than one year | 17 | €63,577 | €63,577 | +€0 | 0.0% |
| Other amounts payable | 178/9 | €63,577 | €63,577 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €1,049,216 | €927,052 | -€122,164 | -11.6% |
| Trade debts | 44 | €1,038,493 | €915,624 | -€122,869 | -11.8% |
| Suppliers | 440/4 | €1,038,493 | €915,624 | -€122,869 | -11.8% |
| Advances received on contracts in progress | 46 | €3,000 | €3,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,723 | €8,428 | +€705 | +9.1% |
| Taxes | 450/3 | €7,723 | €8,428 | +€705 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,802 | €5,242 | +€440 | +9.2% |
| Gross operating margin | 9900 | €9,536 | €8,044 | -€1,492 | -15.6% |
| Operating profit (loss) | 9901 | €4,734 | €2,802 | -€1,932 | -40.8% |
| Financial income | 75/76B | - | €169 | +€169 | |
| Recurring financial income | 75 | - | €169 | +€169 | |
| Financial charges | 65/66B | €163 | €288 | +€125 | +76.5% |
| Recurring financial charges | 65 | €163 | €288 | +€125 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €4,571 | €2,683 | -€1,888 | -41.3% |
| Income taxes | 67/77 | €3,352 | €2,407 | -€945 | -28.2% |
| Profit (loss) for the period | 9904 | €1,219 | €276 | -€943 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,219 | €276 | -€943 | -77.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.