CLICS: 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.
CLICS
Largest movements
- Tangible fixed assets -€181,889
down €181,889 (-11.3%), from €1.6m to €1.4m
of which Plant, machinery and equipment: -€95,432
- Cash -€150,029
down €150,029 (-30.1%), from €498,054 to €348,026
mainly Net result for the year (-€302,113) and Trade debts (-€180,527)
- Stocks and contracts -€141,203
down €141,203 (-14.8%), from €951,109 to €809,906
- Current investments -€120,000
down €120,000 (-40.0%), from €300,000 to €180,000
- Profit (loss) carried forward -€302,113
down €302,113 (-12.3%), from -€2.4m to -€2.8m
- Trade debts -€180,527
down €180,527 (-83.9%), from €215,222 to €34,695
- Debts after one year -€99,988
down €99,988 (-13.0%), from €769,692 to €669,703
- Tax, wage and social debts -€64,877
down €64,877 (-44.0%), from €147,351 to €82,474
of which Taxes: -€49,417
- Gross operating margin +€316,742
up €316,742, from -€206,072 to €110,670
- Write-downs +€225,000
up €225,000, from -€225,000 to €0
- Financial income -€45,104
down €45,104 (-68.4%), from €65,909 to €20,805
of which Non-recurring financial income: -€37,500
- Depreciation -€43,389
down €43,389 (-17.5%), from €248,273 to €204,884
- Other operating charges -€16,135
down €16,135 (-57.8%), from €27,909 to €11,774
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 | €3,740,277 | €3,095,974 | -€644,303 | -17.2% |
| Formation expenses | 20 | €839 | €0 | -€839 | -100% |
| Fixed assets | 21/28 | €1,671,457 | €1,479,316 | -€192,141 | -11.5% |
| Intangible fixed assets | 21 | €55,786 | €45,535 | -€10,251 | -18.4% |
| Tangible fixed assets | 22/27 | €1,615,671 | €1,433,782 | -€181,889 | -11.3% |
| Land and buildings | 22 | €891,660 | €823,001 | -€68,658 | -7.7% |
| Plant, machinery and equipment | 23 | €655,509 | €560,078 | -€95,432 | -14.6% |
| Furniture and vehicles | 24 | €29,077 | €17,541 | -€11,536 | -39.7% |
| Leasing and similar rights | 25 | €39,425 | €33,161 | -€6,263 | -15.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €2,067,982 | €1,616,657 | -€451,324 | -21.8% |
| Amounts receivable after more than one year | 29 | €13,125 | €5,625 | -€7,500 | -57.1% |
| Other amounts receivable | 291 | €13,125 | €5,625 | -€7,500 | -57.1% |
| Stocks and contracts in progress | 3 | €951,109 | €809,906 | -€141,203 | -14.8% |
| Stocks | 30/36 | €951,109 | €809,906 | -€141,203 | -14.8% |
| Amounts receivable within one year | 40/41 | €293,085 | €265,159 | -€27,926 | -9.5% |
| Trade receivables | 40 | €258,107 | €233,737 | -€24,370 | -9.4% |
| Other amounts receivable | 41 | €34,978 | €31,422 | -€3,556 | -10.2% |
| Current investments | 50/53 | €300,000 | €180,000 | -€120,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €498,054 | €348,026 | -€150,029 | -30.1% |
| Deferred charges and accrued income | 490/1 | €12,608 | €7,942 | -€4,666 | -37.0% |
| Total equity and liabilities | 10/49 | €3,740,277 | €3,095,974 | -€644,303 | -17.2% |
| Equity | 10/15 | €2,500,161 | €2,196,279 | -€303,882 | -12.2% |
| Contributions | 10/11 | €4,934,840 | €4,934,840 | = | 0.0% |
| Capital | 10 | €4,934,840 | €4,934,840 | = | 0.0% |
| Issued capital | 100 | €4,934,840 | €4,934,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,449,048 | -€2,751,161 | -€302,113 | -12.3% |
| Investment grants | 15 | €14,369 | €12,600 | -€1,769 | -12.3% |
| Amounts payable | 17/49 | €1,240,116 | €899,695 | -€340,421 | -27.5% |
| Amounts payable after more than one year | 17 | €769,692 | €669,703 | -€99,988 | -13.0% |
| Financial debts | 170/4 | €769,692 | €669,703 | -€99,988 | -13.0% |
| Amounts payable within one year | 42/48 | €463,305 | €217,157 | -€246,147 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €99,783 | €99,988 | +€205 | +0.2% |
| Financial debts | 43 | €949 | €0 | -€949 | -100% |
| Credit institutions | 430/8 | €949 | €0 | -€949 | -100% |
| Trade debts | 44 | €215,222 | €34,695 | -€180,527 | -83.9% |
| Suppliers | 440/4 | €215,222 | €34,695 | -€180,527 | -83.9% |
| Taxes, remuneration and social security | 45 | €147,351 | €82,474 | -€64,877 | -44.0% |
| Taxes | 450/3 | €127,149 | €77,732 | -€49,417 | -38.9% |
| Remuneration and social security | 454/9 | €20,202 | €4,742 | -€15,460 | -76.5% |
| Accrued charges and deferred income | 492/3 | €7,120 | €12,834 | +€5,714 | +80.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €164,558 | €150,162 | -€14,396 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248,273 | €204,884 | -€43,389 | -17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€225,000 | €0 | +€225,000 | |
| Other operating charges | 640/8 | €27,909 | €11,774 | -€16,135 | -57.8% |
| Gross operating margin | 9900 | -€206,072 | €110,670 | +€316,742 | |
| Operating profit (loss) | 9901 | -€421,811 | -€256,150 | +€165,662 | +39.3% |
| Financial income | 75/76B | €65,909 | €20,805 | -€45,104 | -68.4% |
| Recurring financial income | 75 | €28,409 | €20,805 | -€7,604 | -26.8% |
| Non-recurring financial income | 76B | €37,500 | €0 | -€37,500 | -100% |
| Financial charges | 65/66B | €71,224 | €66,603 | -€4,621 | -6.5% |
| Recurring financial charges | 65 | €33,724 | €66,603 | +€32,879 | +97.5% |
| Non-recurring financial charges | 66B | €37,500 | €0 | -€37,500 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€427,127 | -€301,948 | +€125,179 | +29.3% |
| Income taxes | 67/77 | €268 | €165 | -€103 | -38.5% |
| Profit (loss) for the period | 9904 | -€427,395 | -€302,113 | +€125,282 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€427,395 | -€302,113 | +€125,282 | +29.3% |
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 25 October 2026 via checked.be.