CLINCH: 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.
CLINCH
Largest movements
- Cash +€7,218
up €7,218 (+30.2%), from €23,902 to €31,120
mainly Stocks and contracts (+€3,128) and Net result for the year (+€2,472)
- Stocks and contracts -€3,128
down €3,128 (-10.8%), from €28,833 to €25,705
- Deferred charges and accrued income -€2,175
down €2,175 (-81.3%), from €2,675 to €500
- Tangible fixed assets -€851
down €851 (-76.9%), from €1,108 to €256
of which Plant, machinery and equipment: -€517
- Profit (loss) carried forward +€2,472
up €2,472 (+21.8%), from -€11,342 to -€8,870
- Tax, wage and social debts -€782
down €782 (-32.7%), from €2,392 to €1,610
- Gross operating margin +€13,439
up €13,439, from -€9,859 to €3,580
- Depreciation -€370
down €370 (-30.3%), from €1,221 to €851
- Financial income +€120
up €120 (+716%), from €17 to €137
- Financial charges +€119
up €119 (+76.7%), from €155 to €274
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 | €60,031 | €61,437 | +€1,407 | +2.3% |
| Fixed assets | 21/28 | €1,108 | €256 | -€851 | -76.9% |
| Tangible fixed assets | 22/27 | €1,108 | €256 | -€851 | -76.9% |
| Plant, machinery and equipment | 23 | €774 | €256 | -€517 | -66.9% |
| Furniture and vehicles | 24 | €334 | - | -€334 | |
| Current assets | 29/58 | €58,923 | €61,181 | +€2,258 | +3.8% |
| Stocks and contracts in progress | 3 | €28,833 | €25,705 | -€3,128 | -10.8% |
| Stocks | 30/36 | €28,833 | €25,705 | -€3,128 | -10.8% |
| Amounts receivable within one year | 40/41 | €3,514 | €3,857 | +€343 | +9.8% |
| Trade receivables | 40 | €1,514 | €1,765 | +€252 | +16.6% |
| Other amounts receivable | 41 | €2,000 | €2,091 | +€91 | +4.6% |
| Cash at bank and in hand | 54/58 | €23,902 | €31,120 | +€7,218 | +30.2% |
| Deferred charges and accrued income | 490/1 | €2,675 | €500 | -€2,175 | -81.3% |
| Total equity and liabilities | 10/49 | €60,031 | €61,437 | +€1,407 | +2.3% |
| Equity | 10/15 | €55,125 | €57,596 | +€2,472 | +4.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €36,466 | €36,466 | = | 0.0% |
| Distributable reserves | 133 | €36,466 | €36,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,342 | -€8,870 | +€2,472 | +21.8% |
| Amounts payable | 17/49 | €4,906 | €3,841 | -€1,065 | -21.7% |
| Amounts payable within one year | 42/48 | €4,656 | €3,791 | -€865 | -18.6% |
| Trade debts | 44 | €83 | - | -€83 | |
| Suppliers | 440/4 | €83 | - | -€83 | |
| Taxes, remuneration and social security | 45 | €2,392 | €1,610 | -€782 | -32.7% |
| Taxes | 450/3 | €2,392 | €1,610 | -€782 | -32.7% |
| Other amounts payable | 47/48 | €2,181 | €2,181 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €250 | €50 | -€200 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €851 | -€370 | -30.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€9,859 | €3,580 | +€13,439 | |
| Operating profit (loss) | 9901 | -€11,198 | €2,609 | +€13,807 | |
| Financial income | 75/76B | €17 | €137 | +€120 | +716% |
| Recurring financial income | 75 | €17 | €137 | +€120 | +716% |
| Financial charges | 65/66B | €155 | €274 | +€119 | +76.7% |
| Recurring financial charges | 65 | €155 | €274 | +€119 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,337 | €2,472 | +€13,808 | |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | -€11,342 | €2,472 | +€13,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,342 | €2,472 | +€13,813 |
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 30 October 2026 via checked.be.