Click Paddle: 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.
Click Paddle
Largest movements
- Cash -€126,664
down €126,664 (-77.9%), from €162,557 to €35,893
mainly Other debts (-€73,749) and Current investments (-€61,429)
- Current investments +€61,429
new in 2025: €61,429
- Receivables within one year -€18,812
down €18,812 (-96.6%), from €19,471 to €660
of which Trade receivables: -€19,355
- Other debts -€73,749
down €73,749 (-56.0%), from €131,746 to €57,997
- Tax, wage and social debts -€10,330
down €10,330 (-100.0%), from €10,330 to €0
- Profit (loss) carried forward +€4,834
up €4,834 (+3.1%), from -€153,554 to -€148,720
- Trade debts -€4,354
down €4,354 (-79.6%), from €5,473 to €1,118
- Financial charges -€72,742
down €72,742 (-99.8%), from €72,904 to €163
- Gross operating margin -€27,262
down €27,262, from €25,422 to -€1,840
- Provisions +€2,825
up €2,825, from -€2,825 to €0
- Depreciation -€491
down €491 (-68.9%), from €713 to €222
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 | €182,295 | €98,677 | -€83,619 | -45.9% |
| Fixed assets | 21/28 | €222 | €0 | -€222 | -100.0% |
| Tangible fixed assets | 22/27 | €222 | €0 | -€222 | -100.0% |
| Furniture and vehicles | 24 | €222 | €0 | -€222 | -100.0% |
| Current assets | 29/58 | €182,074 | €98,677 | -€83,397 | -45.8% |
| Amounts receivable within one year | 40/41 | €19,471 | €660 | -€18,812 | -96.6% |
| Trade receivables | 40 | €19,467 | €111 | -€19,355 | -99.4% |
| Other amounts receivable | 41 | €5 | €548 | +€543 | +11134.0% |
| Current investments | 50/53 | - | €61,429 | +€61,429 | |
| Cash at bank and in hand | 54/58 | €162,557 | €35,893 | -€126,664 | -77.9% |
| Deferred charges and accrued income | 490/1 | €45 | €695 | +€650 | +1444.4% |
| Total equity and liabilities | 10/49 | €182,295 | €98,677 | -€83,619 | -45.9% |
| Equity | 10/15 | -€30,931 | -€26,097 | +€4,834 | +15.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €119,623 | €119,623 | = | 0.0% |
| Distributable reserves | 133 | €119,623 | €119,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,554 | -€148,720 | +€4,834 | +3.1% |
| Provisions and deferred taxes | 16 | €65,658 | €65,658 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €65,658 | €65,658 | = | 0.0% |
| Other liabilities and charges | 164/5 | €65,658 | €65,658 | = | 0.0% |
| Amounts payable | 17/49 | €147,568 | €59,115 | -€88,453 | -59.9% |
| Amounts payable within one year | 42/48 | €147,548 | €59,115 | -€88,433 | -59.9% |
| Trade debts | 44 | €5,473 | €1,118 | -€4,354 | -79.6% |
| Suppliers | 440/4 | €5,473 | €1,118 | -€4,354 | -79.6% |
| Taxes, remuneration and social security | 45 | €10,330 | €0 | -€10,330 | -100.0% |
| Taxes | 450/3 | €10,330 | €0 | -€10,330 | -100.0% |
| Other amounts payable | 47/48 | €131,746 | €57,997 | -€73,749 | -56.0% |
| Accrued charges and deferred income | 492/3 | €20 | €0 | -€20 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €713 | €222 | -€491 | -68.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,825 | €0 | +€2,825 | |
| Other operating charges | 640/8 | €538 | €521 | -€18 | -3.3% |
| Non-recurring operating charges | 66A | - | -€7,580 | -€7,580 | |
| Gross operating margin | 9900 | €25,422 | -€1,840 | -€27,262 | |
| Operating profit (loss) | 9901 | €26,996 | €4,997 | -€21,999 | -81.5% |
| Financial charges | 65/66B | €72,904 | €163 | -€72,742 | -99.8% |
| Recurring financial charges | 65 | €72,904 | €163 | -€72,742 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,908 | €4,834 | +€50,742 | |
| Profit (loss) for the period | 9904 | -€45,908 | €4,834 | +€50,742 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,908 | €4,834 | +€50,742 |
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 7 October 2026 via checked.be.