CLICAM: 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.
CLICAM
Largest movements
- Receivables within one year -€29,100
down €29,100 (-8.8%), from €330,284 to €301,184
of which Other amounts receivable: -€38,275
- Current investments +€19,250
new in 2025: €19,250
- Cash -€13,050
down €13,050 (-56.8%), from €22,978 to €9,928
mainly Contributions, distributions and other (-€113,007) and Current investments (-€19,250)
- Reserves -€45,574
down €45,574 (-6.4%), from €713,198 to €667,624
- Tax, wage and social debts +€20,514
up €20,514 (+2379.2%), from €862 to €21,376
- Gross operating margin -€142,736
down €142,736 (-56.5%), from €252,710 to €109,973
- Taxes -€50,782
down €50,782 (-60.5%), from €83,940 to €33,157
- Financial charges -€7,227
down €7,227 (-76.3%), from €9,475 to €2,248
- Depreciation +€2,670
up €2,670 (+125.8%), from €2,123 to €4,793
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 | €727,468 | €699,776 | -€27,692 | -3.8% |
| Fixed assets | 21/28 | €14,206 | €9,413 | -€4,793 | -33.7% |
| Tangible fixed assets | 22/27 | €14,206 | €9,413 | -€4,793 | -33.7% |
| Plant, machinery and equipment | 23 | €704 | €352 | -€352 | -50.0% |
| Furniture and vehicles | 24 | €13,502 | €9,061 | -€4,441 | -32.9% |
| Current assets | 29/58 | €713,262 | €690,362 | -€22,900 | -3.2% |
| Amounts receivable after more than one year | 29 | €360,000 | €360,000 | = | 0.0% |
| Other amounts receivable | 291 | €360,000 | €360,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €330,284 | €301,184 | -€29,100 | -8.8% |
| Trade receivables | 40 | €4,433 | €13,609 | +€9,175 | +207.0% |
| Other amounts receivable | 41 | €325,850 | €287,575 | -€38,275 | -11.7% |
| Current investments | 50/53 | - | €19,250 | +€19,250 | |
| Cash at bank and in hand | 54/58 | €22,978 | €9,928 | -€13,050 | -56.8% |
| Total equity and liabilities | 10/49 | €727,468 | €699,776 | -€27,692 | -3.8% |
| Equity | 10/15 | €719,543 | €673,969 | -€45,574 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €713,198 | €667,624 | -€45,574 | -6.4% |
| Distributable reserves | 133 | €713,198 | €667,624 | -€45,574 | -6.4% |
| Profit (loss) carried forward | 14 | €144 | €144 | = | 0.0% |
| Amounts payable | 17/49 | €7,925 | €25,807 | +€17,881 | +225.6% |
| Amounts payable within one year | 42/48 | €7,925 | €25,807 | +€17,881 | +225.6% |
| Trade debts | 44 | €7,063 | €4,431 | -€2,632 | -37.3% |
| Suppliers | 440/4 | €7,063 | €4,431 | -€2,632 | -37.3% |
| Taxes, remuneration and social security | 45 | €862 | €21,376 | +€20,514 | +2379.2% |
| Taxes | 450/3 | €862 | €21,376 | +€20,514 | +2379.2% |
| Non-recurring operating income | 76A | €170,608 | - | -€170,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,123 | €4,793 | +€2,670 | +125.8% |
| Other operating charges | 640/8 | €4,060 | €2,987 | -€1,073 | -26.4% |
| Gross operating margin | 9900 | €252,710 | €109,973 | -€142,736 | -56.5% |
| Operating profit (loss) | 9901 | €246,527 | €102,193 | -€144,334 | -58.5% |
| Financial income | 75/76B | €1,662 | €646 | -€1,016 | -61.1% |
| Recurring financial income | 75 | €1,662 | €646 | -€1,016 | -61.1% |
| Financial charges | 65/66B | €9,475 | €2,248 | -€7,227 | -76.3% |
| Recurring financial charges | 65 | €9,475 | €2,248 | -€7,227 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €238,715 | €100,591 | -€138,124 | -57.9% |
| Income taxes | 67/77 | €83,940 | €33,157 | -€50,782 | -60.5% |
| Profit (loss) for the period | 9904 | €154,775 | €67,433 | -€87,341 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €154,775 | €67,433 | -€87,341 | -56.4% |
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.