CLICKTRUST: 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.
CLICKTRUST
Largest movements
- Receivables after one year +€120,000
new in 2025: €120,000
- Cash -€99,872
down €99,872 (-16.7%), from €596,321 to €496,449
mainly Contributions, distributions and other (-€291,098) and Receivables after one year (-€120,000)
- Receivables within one year +€89,245
up €89,245 (+9.3%), from €963,236 to €1.1m
of which Trade receivables: +€121,091
- Intangible fixed assets +€46,793
up €46,793 (+552%), from €8,470 to €55,263
- Tangible fixed assets -€19,861
down €19,861 (-34.0%), from €58,481 to €38,620
of which Furniture and vehicles: -€19,861
- Trade debts +€193,467
up €193,467 (+28.1%), from €687,335 to €880,802
- Accrued charges and deferred income -€106,989
down €106,989 (-50.9%), from €210,114 to €103,124
- Tax, wage and social debts +€76,387
up €76,387 (+34.7%), from €219,827 to €296,214
of which Taxes: +€95,157
- Reserves -€64,493
down €64,493 (-21.5%), from €299,458 to €234,965
of which Distributable reserves: -€64,493
- Short-term financial debts +€47,185
up €47,185 (+49.1%), from €96,044 to €143,229
- Gross operating margin -€187,470
down €187,470 (-11.6%), from €1.6m to €1.4m
- Staff costs -€157,273
down €157,273 (-12.9%), from €1.2m to €1.1m
- Write-downs -€63,636
down €63,636 (-100%), from €63,636 to €0
- Taxes +€22,559
up €22,559 (+33.2%), from €67,857 to €90,416
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 | €1,626,508 | €1,772,064 | +€145,557 | +8.9% |
| Fixed assets | 21/28 | €66,951 | €95,135 | +€28,185 | +42.1% |
| Intangible fixed assets | 21 | €8,470 | €55,263 | +€46,793 | +552% |
| Tangible fixed assets | 22/27 | €58,481 | €38,620 | -€19,861 | -34.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €58,481 | €38,620 | -€19,861 | -34.0% |
| Financial fixed assets | 28 | - | €1,252 | +€1,252 | |
| Current assets | 29/58 | €1,559,557 | €1,676,929 | +€117,372 | +7.5% |
| Amounts receivable after more than one year | 29 | - | €120,000 | +€120,000 | |
| Other amounts receivable | 291 | - | €120,000 | +€120,000 | |
| Amounts receivable within one year | 40/41 | €963,236 | €1,052,480 | +€89,245 | +9.3% |
| Trade receivables | 40 | €679,230 | €800,320 | +€121,091 | +17.8% |
| Other amounts receivable | 41 | €284,006 | €252,160 | -€31,846 | -11.2% |
| Cash at bank and in hand | 54/58 | €596,321 | €496,449 | -€99,872 | -16.7% |
| Deferred charges and accrued income | 490/1 | €0 | €8,000 | +€8,000 | |
| Total equity and liabilities | 10/49 | €1,626,508 | €1,772,064 | +€145,557 | +8.9% |
| Equity | 10/15 | €405,658 | €341,165 | -€64,493 | -15.9% |
| Contributions | 10/11 | €106,200 | €106,200 | = | 0.0% |
| Reserves | 13 | €299,458 | €234,965 | -€64,493 | -21.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €291,098 | €226,605 | -€64,493 | -22.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,220,849 | €1,430,899 | +€210,050 | +17.2% |
| Amounts payable after more than one year | 17 | €7,530 | €7,530 | = | 0.0% |
| Other amounts payable | 178/9 | €7,530 | €7,530 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,003,206 | €1,320,245 | +€317,039 | +31.6% |
| Financial debts | 43 | €96,044 | €143,229 | +€47,185 | +49.1% |
| Credit institutions | 430/8 | €96,044 | €143,229 | +€47,185 | +49.1% |
| Trade debts | 44 | €687,335 | €880,802 | +€193,467 | +28.1% |
| Suppliers | 440/4 | €687,335 | €880,802 | +€193,467 | +28.1% |
| Taxes, remuneration and social security | 45 | €219,827 | €296,214 | +€76,387 | +34.7% |
| Taxes | 450/3 | €101,502 | €196,659 | +€95,157 | +93.7% |
| Remuneration and social security | 454/9 | €118,325 | €99,555 | -€18,771 | -15.9% |
| Accrued charges and deferred income | 492/3 | €210,114 | €103,124 | -€106,989 | -50.9% |
| Remuneration, social security and pensions | 62 | €1,223,650 | €1,066,377 | -€157,273 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,151 | €30,028 | -€123 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €63,636 | €0 | -€63,636 | -100% |
| Other operating charges | 640/8 | €1,610 | €12,988 | +€11,378 | +707% |
| Gross operating margin | 9900 | €1,621,598 | €1,434,128 | -€187,470 | -11.6% |
| Operating profit (loss) | 9901 | €302,552 | €324,735 | +€22,183 | +7.3% |
| Financial income | 75/76B | €12 | €5,117 | +€5,105 | +42,157% |
| Recurring financial income | 75 | €12 | €5,117 | +€5,105 | +42,157% |
| Financial charges | 65/66B | €20,838 | €12,831 | -€8,007 | -38.4% |
| Recurring financial charges | 65 | €20,838 | €12,831 | -€8,007 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €281,725 | €317,021 | +€35,295 | +12.5% |
| Income taxes | 67/77 | €67,857 | €90,416 | +€22,559 | +33.2% |
| Profit (loss) for the period | 9904 | €213,869 | €226,605 | +€12,736 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €213,869 | €226,605 | +€12,736 | +6.0% |
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 27 October 2026 via checked.be.