CLIN D'OEIL: 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.
CLIN D'OEIL
Largest movements
- Tangible fixed assets -€10,380
down €10,380 (-17.9%), from €58,137 to €47,757
of which Furniture and vehicles: -€6,555
- Cash -€6,564
down €6,564 (-15.7%), from €41,937 to €35,373
mainly Debts after one year (-€10,115) and Receivables within one year (-€3,895)
- Receivables within one year +€3,895
up €3,895 (+372%), from €1,048 to €4,943
of which Other amounts receivable: +€3,345
- Debts after one year -€10,115
down €10,115 (-24.2%), from €41,840 to €31,725
- Reserves +€5,647
up €5,647 (+99.6%), from €5,670 to €11,317
- Trade debts -€3,770
down €3,770 (-43.8%), from €8,606 to €4,836
- Tax, wage and social debts -€2,025
down €2,025 (-35.6%), from €5,686 to €3,661
of which Taxes: -€1,545
- Other debts -€1,932
down €1,932 (-9.7%), from €19,985 to €18,053
- Gross operating margin -€7,950
down €7,950 (-19.8%), from €40,106 to €32,156
- Staff costs +€7,207
up €7,207 (+524%), from €1,374 to €8,581
- Taxes -€2,126
down €2,126 (-38.2%), from €5,571 to €3,445
- Financial charges -€1,725
down €1,725 (-37.3%), from €4,625 to €2,899
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 | €128,683 | €116,891 | -€11,792 | -9.2% |
| Fixed assets | 21/28 | €74,933 | €64,553 | -€10,380 | -13.9% |
| Tangible fixed assets | 22/27 | €58,137 | €47,757 | -€10,380 | -17.9% |
| Land and buildings | 22 | €36,550 | €32,725 | -€3,825 | -10.5% |
| Furniture and vehicles | 24 | €21,587 | €15,032 | -€6,555 | -30.4% |
| Financial fixed assets | 28 | €16,796 | €16,796 | = | 0.0% |
| Current assets | 29/58 | €53,751 | €52,338 | -€1,412 | -2.6% |
| Stocks and contracts in progress | 3 | €10,765 | €12,022 | +€1,257 | +11.7% |
| Stocks | 30/36 | €10,765 | €12,022 | +€1,257 | +11.7% |
| Amounts receivable within one year | 40/41 | €1,048 | €4,943 | +€3,895 | +372% |
| Trade receivables | 40 | €613 | €1,163 | +€550 | +89.7% |
| Other amounts receivable | 41 | €435 | €3,780 | +€3,345 | +769% |
| Cash at bank and in hand | 54/58 | €41,937 | €35,373 | -€6,564 | -15.7% |
| Total equity and liabilities | 10/49 | €128,683 | €116,891 | -€11,792 | -9.2% |
| Equity | 10/15 | €42,854 | €48,501 | +€5,647 | +13.2% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €5,670 | €11,317 | +€5,647 | +99.6% |
| Distributable reserves | 133 | €5,670 | €11,317 | +€5,647 | +99.6% |
| Amounts payable | 17/49 | €85,829 | €68,390 | -€17,439 | -20.3% |
| Amounts payable after more than one year | 17 | €41,840 | €31,725 | -€10,115 | -24.2% |
| Financial debts | 170/4 | €41,840 | €31,725 | -€10,115 | -24.2% |
| Amounts payable within one year | 42/48 | €43,989 | €36,665 | -€7,324 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €9,712 | €10,115 | +€403 | +4.1% |
| Trade debts | 44 | €8,606 | €4,836 | -€3,770 | -43.8% |
| Suppliers | 440/4 | €8,606 | €4,836 | -€3,770 | -43.8% |
| Taxes, remuneration and social security | 45 | €5,686 | €3,661 | -€2,025 | -35.6% |
| Taxes | 450/3 | €4,610 | €3,064 | -€1,545 | -33.5% |
| Remuneration and social security | 454/9 | €1,076 | €597 | -€480 | -44.6% |
| Other amounts payable | 47/48 | €19,985 | €18,053 | -€1,932 | -9.7% |
| Remuneration, social security and pensions | 62 | €1,374 | €8,581 | +€7,207 | +524% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,380 | €10,380 | = | 0.0% |
| Other operating charges | 640/8 | €1,151 | €1,242 | +€91 | +7.9% |
| Non-recurring operating charges | 66A | €152 | - | -€152 | |
| Gross operating margin | 9900 | €40,106 | €32,156 | -€7,950 | -19.8% |
| Operating profit (loss) | 9901 | €27,049 | €11,953 | -€15,096 | -55.8% |
| Financial income | 75/76B | €56 | €39 | -€17 | -31.1% |
| Recurring financial income | 75 | €56 | €39 | -€17 | -31.1% |
| Financial charges | 65/66B | €4,625 | €2,899 | -€1,725 | -37.3% |
| Recurring financial charges | 65 | €4,625 | €2,899 | -€1,725 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €22,480 | €9,092 | -€13,388 | -59.6% |
| Income taxes | 67/77 | €5,571 | €3,445 | -€2,126 | -38.2% |
| Profit (loss) for the period | 9904 | €16,909 | €5,647 | -€11,262 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,909 | €5,647 | -€11,262 | -66.6% |
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.