CLICKWORKS: 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.
CLICKWORKS
Largest movements
- Current investments +€135,373
up €135,373 (+27.3%), from €496,374 to €631,747
- Receivables within one year -€124,862
down €124,862 (-41.6%), from €299,847 to €174,985
of which Trade receivables: -€183,737
- Cash -€26,098
down €26,098 (-12.3%), from €211,823 to €185,725
mainly Contributions, distributions and other (-€170,044) and Current investments (-€135,373)
- Deferred charges and accrued income +€20,673
up €20,673 (+5.8%), from €355,396 to €376,069
- Accrued charges and deferred income +€96,764
up €96,764 (+26.9%), from €359,380 to €456,144
- Reserves -€68,418
down €68,418 (-7.9%), from €870,527 to €802,109
of which Distributable reserves: -€68,418
- Tax, wage and social debts -€28,891
down €28,891 (-20.6%), from €140,200 to €111,309
of which Taxes: -€34,234
- Gross operating margin -€265,942
down €265,942 (-27.4%), from €969,401 to €703,459
- Taxes -€87,207
down €87,207 (-67.6%), from €128,992 to €41,785
- Provisions -€11,928
new in 2025: -€11,928
- Staff costs +€11,182
up €11,182 (+2.0%), from €549,826 to €561,007
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 | €1,415,634 | €1,407,303 | -€8,331 | -0.6% |
| Fixed assets | 21/28 | €52,193 | €38,777 | -€13,416 | -25.7% |
| Intangible fixed assets | 21 | €1,075 | - | -€1,075 | |
| Tangible fixed assets | 22/27 | €43,018 | €34,177 | -€8,841 | -20.6% |
| Plant, machinery and equipment | 23 | €12,449 | €7,992 | -€4,457 | -35.8% |
| Furniture and vehicles | 24 | €30,570 | €26,186 | -€4,384 | -14.3% |
| Financial fixed assets | 28 | €8,100 | €4,600 | -€3,500 | -43.2% |
| Current assets | 29/58 | €1,363,440 | €1,368,526 | +€5,085 | +0.4% |
| Amounts receivable within one year | 40/41 | €299,847 | €174,985 | -€124,862 | -41.6% |
| Trade receivables | 40 | €297,618 | €113,881 | -€183,737 | -61.7% |
| Other amounts receivable | 41 | €2,229 | €61,104 | +€58,875 | +2641.7% |
| Current investments | 50/53 | €496,374 | €631,747 | +€135,373 | +27.3% |
| Cash at bank and in hand | 54/58 | €211,823 | €185,725 | -€26,098 | -12.3% |
| Deferred charges and accrued income | 490/1 | €355,396 | €376,069 | +€20,673 | +5.8% |
| Total equity and liabilities | 10/49 | €1,415,634 | €1,407,303 | -€8,331 | -0.6% |
| Equity | 10/15 | €876,727 | €808,309 | -€68,418 | -7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €870,527 | €802,109 | -€68,418 | -7.9% |
| Tax-exempt reserves | 132 | €1,331 | €1,331 | = | 0.0% |
| Distributable reserves | 133 | €869,196 | €800,778 | -€68,418 | -7.9% |
| Amounts payable | 17/49 | €538,907 | €598,994 | +€60,087 | +11.1% |
| Amounts payable within one year | 42/48 | €179,527 | €142,850 | -€36,677 | -20.4% |
| Trade debts | 44 | €34,809 | €29,264 | -€5,545 | -15.9% |
| Suppliers | 440/4 | €34,809 | €29,264 | -€5,545 | -15.9% |
| Taxes, remuneration and social security | 45 | €140,200 | €111,309 | -€28,891 | -20.6% |
| Taxes | 450/3 | €79,083 | €44,849 | -€34,234 | -43.3% |
| Remuneration and social security | 454/9 | €61,117 | €66,459 | +€5,342 | +8.7% |
| Other amounts payable | 47/48 | €4,518 | €2,278 | -€2,240 | -49.6% |
| Accrued charges and deferred income | 492/3 | €359,380 | €456,144 | +€96,764 | +26.9% |
| Remuneration, social security and pensions | 62 | €549,826 | €561,007 | +€11,182 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,252 | €14,217 | -€6,035 | -29.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€11,928 | -€11,928 | |
| Other operating charges | 640/8 | €1,522 | €4,382 | +€2,860 | +187.9% |
| Non-recurring operating charges | 66A | €1,652 | - | -€1,652 | |
| Gross operating margin | 9900 | €969,401 | €703,459 | -€265,942 | -27.4% |
| Operating profit (loss) | 9901 | €396,150 | €135,782 | -€260,368 | -65.7% |
| Financial income | 75/76B | €18,904 | €13,542 | -€5,362 | -28.4% |
| Recurring financial income | 75 | €18,904 | €13,542 | -€5,362 | -28.4% |
| Financial charges | 65/66B | €3,468 | €5,913 | +€2,445 | +70.5% |
| Recurring financial charges | 65 | €3,468 | €5,913 | +€2,445 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | €411,586 | €143,411 | -€268,174 | -65.2% |
| Income taxes | 67/77 | €128,992 | €41,785 | -€87,207 | -67.6% |
| Profit (loss) for the period | 9904 | €282,593 | €101,626 | -€180,967 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €282,593 | €101,626 | -€180,967 | -64.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.