CLIC & NET SERVICES: 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.
CLIC & NET SERVICES
Largest movements
- Deferred charges and accrued income +€413,682
up €413,682 (+733%), from €56,400 to €470,082
- Cash -€379,119
down €379,119 (-42.6%), from €890,340 to €511,221
mainly Deferred charges and accrued income (-€413,682) and Receivables within one year (-€147,763)
- Receivables within one year +€147,763
up €147,763 (+140%), from €105,638 to €253,401
of which Other amounts receivable: +€196,675
- Tangible fixed assets -€22,447
down €22,447 (-10.8%), from €208,745 to €186,298
of which Furniture and vehicles: -€14,748
- Financial fixed assets -€16,953
down €16,953 (-43.7%), from €38,836 to €21,883
- Reserves +€149,137
up €149,137 (+13.5%), from €1.1m to €1.3m
of which Distributable reserves: +€149,137
- Gross operating margin +€533,011
up €533,011 (+58.8%), from €906,275 to €1.4m
- Staff costs +€232,385
up €232,385 (+22.9%), from €1.0m to €1.2m
- Other operating charges +€23,738
up €23,738 (+1,042%), from €2,278 to €26,016
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 | €1,299,960 | €1,442,885 | +€142,926 | +11.0% |
| Fixed assets | 21/28 | €247,581 | €208,181 | -€39,400 | -15.9% |
| Tangible fixed assets | 22/27 | €208,745 | €186,298 | -€22,447 | -10.8% |
| Plant, machinery and equipment | 23 | €4,579 | €6,159 | +€1,579 | +34.5% |
| Furniture and vehicles | 24 | €15,197 | €449 | -€14,748 | -97.0% |
| Leasing and similar rights | 25 | €183,589 | €173,589 | -€10,000 | -5.4% |
| Other tangible fixed assets | 26 | €5,379 | €6,101 | +€721 | +13.4% |
| Financial fixed assets | 28 | €38,836 | €21,883 | -€16,953 | -43.7% |
| Current assets | 29/58 | €1,052,378 | €1,234,704 | +€182,326 | +17.3% |
| Amounts receivable within one year | 40/41 | €105,638 | €253,401 | +€147,763 | +140% |
| Trade receivables | 40 | €50,966 | €2,054 | -€48,912 | -96.0% |
| Other amounts receivable | 41 | €54,672 | €251,347 | +€196,675 | +360% |
| Cash at bank and in hand | 54/58 | €890,340 | €511,221 | -€379,119 | -42.6% |
| Deferred charges and accrued income | 490/1 | €56,400 | €470,082 | +€413,682 | +733% |
| Total equity and liabilities | 10/49 | €1,299,960 | €1,442,885 | +€142,926 | +11.0% |
| Equity | 10/15 | €1,120,325 | €1,269,462 | +€149,137 | +13.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,101,575 | €1,250,712 | +€149,137 | +13.5% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €1,099,700 | €1,248,837 | +€149,137 | +13.6% |
| Amounts payable | 17/49 | €179,635 | €173,423 | -€6,212 | -3.5% |
| Amounts payable within one year | 42/48 | €179,635 | €172,643 | -€6,992 | -3.9% |
| Trade debts | 44 | €58,928 | €50,245 | -€8,682 | -14.7% |
| Suppliers | 440/4 | €58,928 | €50,245 | -€8,682 | -14.7% |
| Taxes, remuneration and social security | 45 | €120,707 | €122,398 | +€1,691 | +1.4% |
| Taxes | 450/3 | - | €2,555 | +€2,555 | |
| Remuneration and social security | 454/9 | €120,707 | €119,843 | -€864 | -0.7% |
| Accrued charges and deferred income | 492/3 | - | €780 | +€780 | |
| Remuneration, social security and pensions | 62 | €1,013,546 | €1,245,930 | +€232,385 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,048 | €23,425 | -€623 | -2.6% |
| Other operating charges | 640/8 | €2,278 | €26,016 | +€23,738 | +1,042% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | €906,275 | €1,439,286 | +€533,011 | +58.8% |
| Operating profit (loss) | 9901 | -€133,597 | €143,414 | +€277,012 | |
| Financial income | 75/76B | €20,047 | €10,617 | -€9,430 | -47.0% |
| Recurring financial income | 75 | €20,047 | €6,716 | -€13,331 | -66.5% |
| Non-recurring financial income | 76B | - | €3,901 | +€3,901 | |
| Financial charges | 65/66B | €427 | €2,081 | +€1,654 | +387% |
| Recurring financial charges | 65 | €427 | €2,081 | +€1,654 | +387% |
| Profit (loss) for the period before taxes | 9903 | -€113,977 | €151,951 | +€265,928 | |
| Income taxes | 67/77 | €64 | €2,813 | +€2,750 | +4,308% |
| Profit (loss) for the period | 9904 | -€114,041 | €149,137 | +€263,178 | |
| Profit (loss) for the period to be appropriated | 9905 | -€114,041 | €149,137 | +€263,178 |
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 13 October 2026 via checked.be.