Cliff & Booth: 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.
Cliff & Booth
Largest movements
- Cash -€12,127
down €12,127 (-14.3%), from €84,702 to €72,574
mainly Tax, wage and social debts (-€18,167) and Receivables within one year (-€9,763)
- Receivables within one year +€9,763
up €9,763 (+93.5%), from €10,438 to €20,201
- Tangible fixed assets -€5,270
down €5,270 (-34.8%), from €15,137 to €9,867
of which Plant, machinery and equipment: -€2,647
- Deferred charges and accrued income -€4,033
down €4,033 (-27.5%), from €14,686 to €10,654
- Tax, wage and social debts -€18,167
down €18,167 (-59.7%), from €30,426 to €12,259
- Profit (loss) carried forward +€3,827
up €3,827 (+4.1%), from €92,683 to €96,510
- Trade debts +€3,507
up €3,507 (+380.9%), from €921 to €4,428
- Gross operating margin -€22,025
down €22,025 (-60.5%), from €36,420 to €14,395
- Taxes -€4,883
down €4,883 (-65.1%), from €7,504 to €2,621
- Depreciation -€399
down €399 (-7.9%), from €5,026 to €4,626
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 | €124,963 | €113,297 | -€11,666 | -9.3% |
| Fixed assets | 21/28 | €15,137 | €9,867 | -€5,270 | -34.8% |
| Tangible fixed assets | 22/27 | €15,137 | €9,867 | -€5,270 | -34.8% |
| Plant, machinery and equipment | 23 | €5,392 | €2,745 | -€2,647 | -49.1% |
| Furniture and vehicles | 24 | €9,745 | €7,122 | -€2,623 | -26.9% |
| Current assets | 29/58 | €109,826 | €103,430 | -€6,396 | -5.8% |
| Amounts receivable within one year | 40/41 | €10,438 | €20,201 | +€9,763 | +93.5% |
| Other amounts receivable | 41 | €10,438 | €20,201 | +€9,763 | +93.5% |
| Cash at bank and in hand | 54/58 | €84,702 | €72,574 | -€12,127 | -14.3% |
| Deferred charges and accrued income | 490/1 | €14,686 | €10,654 | -€4,033 | -27.5% |
| Total equity and liabilities | 10/49 | €124,963 | €113,297 | -€11,666 | -9.3% |
| Equity | 10/15 | €92,783 | €96,610 | +€3,827 | +4.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,683 | €96,510 | +€3,827 | +4.1% |
| Amounts payable | 17/49 | €32,180 | €16,687 | -€15,493 | -48.1% |
| Amounts payable within one year | 42/48 | €32,180 | €16,687 | -€15,493 | -48.1% |
| Trade debts | 44 | €921 | €4,428 | +€3,507 | +380.9% |
| Suppliers | 440/4 | €921 | €4,428 | +€3,507 | +380.9% |
| Taxes, remuneration and social security | 45 | €30,426 | €12,259 | -€18,167 | -59.7% |
| Taxes | 450/3 | €30,426 | €12,259 | -€18,167 | -59.7% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,026 | €4,626 | -€399 | -7.9% |
| Other operating charges | 640/8 | €761 | €463 | -€297 | -39.1% |
| Non-recurring operating charges | 66A | - | €3,230 | +€3,230 | |
| Gross operating margin | 9900 | €36,420 | €14,395 | -€22,025 | -60.5% |
| Operating profit (loss) | 9901 | €30,634 | €6,075 | -€24,559 | -80.2% |
| Financial income | 75/76B | €266 | €576 | +€310 | +116.2% |
| Recurring financial income | 75 | €266 | €576 | +€310 | +116.2% |
| Financial charges | 65/66B | €154 | €203 | +€49 | +32.1% |
| Recurring financial charges | 65 | €154 | €203 | +€49 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €30,747 | €6,448 | -€24,299 | -79.0% |
| Income taxes | 67/77 | €7,504 | €2,621 | -€4,883 | -65.1% |
| Profit (loss) for the period | 9904 | €23,243 | €3,827 | -€19,416 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,243 | €3,827 | -€19,416 | -83.5% |
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 3 October 2026 via checked.be.