CLINARC: 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.
CLINARC
Largest movements
- Current investments -€50,000
down €50,000 (-23.8%), from €210,041 to €160,041
- Tangible fixed assets -€27,476
down €27,476 (-26.1%), from €105,333 to €77,857
- Cash +€14,579
up €14,579 (+16.5%), from €88,517 to €103,095
mainly Net result for the year (+€69,805) and Current investments (+€50,000)
- Reserves -€39,339
down €39,339 (-11.4%), from €345,745 to €306,406
- Debts after one year -€14,852
down €14,852 (-40.3%), from €36,835 to €21,984
- Tax, wage and social debts -€6,285
down €6,285 (-39.6%), from €15,879 to €9,594
- Gross operating margin -€13,270
down €13,270 (-9.6%), from €137,780 to €124,510
- Taxes -€6,065
down €6,065 (-18.1%), from €33,544 to €27,479
- Financial income -€5,539
down €5,539 (-46.6%), from €11,889 to €6,350
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 | €411,083 | €351,723 | -€59,361 | -14.4% |
| Fixed assets | 21/28 | €105,333 | €77,857 | -€27,476 | -26.1% |
| Tangible fixed assets | 22/27 | €105,333 | €77,857 | -€27,476 | -26.1% |
| Land and buildings | 22 | €58,715 | €44,990 | -€13,726 | -23.4% |
| Plant, machinery and equipment | 23 | €766 | €676 | -€90 | -11.7% |
| Furniture and vehicles | 24 | €40,667 | €27,938 | -€12,729 | -31.3% |
| Other tangible fixed assets | 26 | €5,184 | €4,253 | -€931 | -18.0% |
| Current assets | 29/58 | €305,751 | €273,866 | -€31,885 | -10.4% |
| Amounts receivable within one year | 40/41 | €6,550 | €10,240 | +€3,690 | +56.3% |
| Trade receivables | 40 | - | €233 | +€233 | |
| Other amounts receivable | 41 | €6,550 | €10,007 | +€3,457 | +52.8% |
| Current investments | 50/53 | €210,041 | €160,041 | -€50,000 | -23.8% |
| Cash at bank and in hand | 54/58 | €88,517 | €103,095 | +€14,579 | +16.5% |
| Deferred charges and accrued income | 490/1 | €643 | €490 | -€153 | -23.8% |
| Total equity and liabilities | 10/49 | €411,083 | €351,723 | -€59,361 | -14.4% |
| Equity | 10/15 | €345,745 | €306,406 | -€39,339 | -11.4% |
| Reserves | 13 | €345,745 | €306,406 | -€39,339 | -11.4% |
| Distributable reserves | 133 | €345,745 | €306,406 | -€39,339 | -11.4% |
| Amounts payable | 17/49 | €65,338 | €45,317 | -€20,022 | -30.6% |
| Amounts payable after more than one year | 17 | €36,835 | €21,984 | -€14,852 | -40.3% |
| Financial debts | 170/4 | €36,835 | €21,984 | -€14,852 | -40.3% |
| Amounts payable within one year | 42/48 | €28,503 | €23,333 | -€5,170 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €11,720 | €13,739 | +€2,019 | +17.2% |
| Trade debts | 44 | €904 | - | -€904 | |
| Suppliers | 440/4 | €904 | - | -€904 | |
| Taxes, remuneration and social security | 45 | €15,879 | €9,594 | -€6,285 | -39.6% |
| Taxes | 450/3 | €15,879 | €9,594 | -€6,285 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,884 | €28,377 | -€507 | -1.8% |
| Other operating charges | 640/8 | €2,186 | €2,435 | +€249 | +11.4% |
| Gross operating margin | 9900 | €137,780 | €124,510 | -€13,270 | -9.6% |
| Operating profit (loss) | 9901 | €106,710 | €93,698 | -€13,012 | -12.2% |
| Financial income | 75/76B | €11,889 | €6,350 | -€5,539 | -46.6% |
| Recurring financial income | 75 | €11,889 | €6,350 | -€5,539 | -46.6% |
| Financial charges | 65/66B | €2,822 | €2,764 | -€59 | -2.1% |
| Recurring financial charges | 65 | €2,822 | €2,764 | -€59 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €115,777 | €97,284 | -€18,493 | -16.0% |
| Income taxes | 67/77 | €33,544 | €27,479 | -€6,065 | -18.1% |
| Profit (loss) for the period | 9904 | €82,233 | €69,805 | -€12,428 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €82,233 | €69,805 | -€12,428 | -15.1% |
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 30 September 2026 via checked.be.