Cleverpath: 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.
Cleverpath
Largest movements
- Cash +€67,412
up €67,412 (+1571.4%), from €4,290 to €71,702
mainly Net result for the year (+€63,349) and Tax, wage and social debts (+€4,685)
- Receivables within one year +€1,300
up €1,300 (+15.3%), from €8,500 to €9,800
- Tangible fixed assets -€1,095
down €1,095 (-35.9%), from €3,054 to €1,959
- Profit (loss) carried forward +€63,349
up €63,349 (+538.0%), from €11,775 to €75,124
- Tax, wage and social debts +€4,685
up €4,685 (+153.4%), from €3,054 to €7,739
of which Taxes: +€4,685
- Gross operating margin +€66,283
up €66,283 (+440.1%), from €15,061 to €81,344
- Taxes +€13,693
up €13,693 (+448.4%), from €3,054 to €16,747
- Depreciation +€863
up €863 (+371.8%), from €232 to €1,095
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.
Cash bridge derived
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 | €20,205 | €87,968 | +€67,762 | +335.4% |
| Fixed assets | 21/28 | €3,054 | €1,959 | -€1,095 | -35.9% |
| Tangible fixed assets | 22/27 | €3,054 | €1,959 | -€1,095 | -35.9% |
| Furniture and vehicles | 24 | €3,054 | €1,959 | -€1,095 | -35.9% |
| Current assets | 29/58 | €17,151 | €86,009 | +€68,858 | +401.5% |
| Amounts receivable within one year | 40/41 | €8,500 | €9,800 | +€1,300 | +15.3% |
| Trade receivables | 40 | €8,500 | €9,800 | +€1,300 | +15.3% |
| Cash at bank and in hand | 54/58 | €4,290 | €71,702 | +€67,412 | +1571.4% |
| Deferred charges and accrued income | 490/1 | €4,361 | €4,507 | +€145 | +3.3% |
| Total equity and liabilities | 10/49 | €20,205 | €87,968 | +€67,762 | +335.4% |
| Equity | 10/15 | €14,175 | €77,524 | +€63,349 | +446.9% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,775 | €75,124 | +€63,349 | +538.0% |
| Amounts payable | 17/49 | €6,031 | €10,443 | +€4,413 | +73.2% |
| Amounts payable within one year | 42/48 | €6,031 | €10,443 | +€4,413 | +73.2% |
| Trade debts | 44 | €1,643 | €1,658 | +€15 | +0.9% |
| Suppliers | 440/4 | €1,643 | €1,658 | +€15 | +0.9% |
| Taxes, remuneration and social security | 45 | €3,054 | €7,739 | +€4,685 | +153.4% |
| Taxes | 450/3 | €3,054 | €7,739 | +€4,685 | +153.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,334 | €1,047 | -€287 | -21.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | €1,095 | +€863 | +371.8% |
| Other operating charges | 640/8 | - | €171 | +€171 | |
| Gross operating margin | 9900 | €15,061 | €81,344 | +€66,283 | +440.1% |
| Operating profit (loss) | 9901 | €14,829 | €80,078 | +€65,249 | +440.0% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | - | €9 | +€9 | |
| Recurring financial charges | 65 | - | €9 | +€9 | |
| Profit (loss) for the period before taxes | 9903 | €14,829 | €80,097 | +€65,268 | +440.1% |
| Income taxes | 67/77 | €3,054 | €16,747 | +€13,693 | +448.4% |
| Profit (loss) for the period | 9904 | €11,775 | €63,349 | +€51,574 | +438.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,775 | €63,349 | +€51,574 | +438.0% |
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 11 October 2026 via checked.be.