Cleverr.: 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.
Cleverr.
Largest movements
- Intangible fixed assets +€60,182
up €60,182 (+72.3%), from €83,287 to €143,468
- Cash -€36,067
down €36,067 (-58.8%), from €61,325 to €25,258
mainly Investment in fixed assets (net) (-€87,735) and Receivables within one year (-€33,619)
- Receivables within one year +€33,619
up €33,619 (+40.4%), from €83,234 to €116,854
of which Trade receivables: +€33,220
- Stocks and contracts -€12,357
down €12,357 (-11.8%), from €104,944 to €92,587
- Tangible fixed assets -€9,553
down €9,553 (-7.2%), from €133,392 to €123,839
of which Land and buildings: -€10,872
- Short-term financial debts +€24,996
up €24,996 (+2023.8%), from €1,235 to €26,231
- Tax, wage and social debts -€23,751
down €23,751 (-30.3%), from €78,356 to €54,605
- Debts after one year +€23,454
up €23,454 (+21.7%), from €108,245 to €131,700
- Profit (loss) carried forward +€19,656
up €19,656 (+11.3%), from €174,303 to €193,958
- Trade debts -€7,676
down €7,676 (-19.0%), from €40,319 to €32,642
- Gross operating margin -€74,188
down €74,188 (-25.1%), from €295,717 to €221,530
- Taxes -€21,294
down €21,294 (-55.6%), from €38,329 to €17,036
- Staff costs -€10,810
down €10,810 (-9.0%), from €120,656 to €109,847
- Depreciation +€7,953
up €7,953 (+27.0%), from €29,426 to €37,379
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 | €478,890 | €515,091 | +€36,201 | +7.6% |
| Fixed assets | 21/28 | €219,531 | €269,887 | +€50,357 | +22.9% |
| Intangible fixed assets | 21 | €83,287 | €143,468 | +€60,182 | +72.3% |
| Tangible fixed assets | 22/27 | €133,392 | €123,839 | -€9,553 | -7.2% |
| Land and buildings | 22 | €104,132 | €93,260 | -€10,872 | -10.4% |
| Plant, machinery and equipment | 23 | €26,905 | €28,753 | +€1,848 | +6.9% |
| Furniture and vehicles | 24 | €2,355 | €1,826 | -€529 | -22.5% |
| Financial fixed assets | 28 | €2,852 | €2,580 | -€272 | -9.5% |
| Current assets | 29/58 | €259,359 | €245,204 | -€14,155 | -5.5% |
| Stocks and contracts in progress | 3 | €104,944 | €92,587 | -€12,357 | -11.8% |
| Stocks | 30/36 | €104,944 | €92,587 | -€12,357 | -11.8% |
| Amounts receivable within one year | 40/41 | €83,234 | €116,854 | +€33,619 | +40.4% |
| Trade receivables | 40 | €82,401 | €115,621 | +€33,220 | +40.3% |
| Other amounts receivable | 41 | €833 | €1,232 | +€399 | +47.9% |
| Cash at bank and in hand | 54/58 | €61,325 | €25,258 | -€36,067 | -58.8% |
| Deferred charges and accrued income | 490/1 | €9,857 | €10,505 | +€649 | +6.6% |
| Total equity and liabilities | 10/49 | €478,890 | €515,091 | +€36,201 | +7.6% |
| Equity | 10/15 | €194,763 | €214,418 | +€19,656 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,303 | €193,958 | +€19,656 | +11.3% |
| Amounts payable | 17/49 | €284,127 | €300,673 | +€16,546 | +5.8% |
| Amounts payable after more than one year | 17 | €108,245 | €131,700 | +€23,454 | +21.7% |
| Financial debts | 170/4 | €108,245 | €131,700 | +€23,454 | +21.7% |
| Amounts payable within one year | 42/48 | €175,882 | €168,973 | -€6,908 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €29,374 | €27,820 | -€1,554 | -5.3% |
| Financial debts | 43 | €1,235 | €26,231 | +€24,996 | +2023.8% |
| Credit institutions | 430/8 | €1,235 | €26,231 | +€24,996 | +2023.8% |
| Trade debts | 44 | €40,319 | €32,642 | -€7,676 | -19.0% |
| Suppliers | 440/4 | €40,319 | €32,642 | -€7,676 | -19.0% |
| Taxes, remuneration and social security | 45 | €78,356 | €54,605 | -€23,751 | -30.3% |
| Taxes | 450/3 | €78,356 | €54,605 | -€23,751 | -30.3% |
| Other amounts payable | 47/48 | €26,597 | €27,675 | +€1,077 | +4.1% |
| Remuneration, social security and pensions | 62 | €120,656 | €109,847 | -€10,810 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,426 | €37,379 | +€7,953 | +27.0% |
| Other operating charges | 640/8 | €2,129 | €2,190 | +€60 | +2.8% |
| Gross operating margin | 9900 | €295,717 | €221,530 | -€74,188 | -25.1% |
| Operating profit (loss) | 9901 | €143,506 | €72,115 | -€71,391 | -49.7% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €6,649 | €7,189 | +€540 | +8.1% |
| Recurring financial charges | 65 | €6,649 | €7,189 | +€540 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €136,857 | €64,927 | -€71,931 | -52.6% |
| Income taxes | 67/77 | €38,329 | €17,036 | -€21,294 | -55.6% |
| Profit (loss) for the period | 9904 | €98,528 | €47,891 | -€50,637 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €98,528 | €47,891 | -€50,637 | -51.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.