CLINIMETRICS: 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.
What changed
CLINIMETRICS
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€24.4m
2024 · €165.3m-€140.9m
Equity
€192.5m
2024 · €168.1m+€24.4m
Cash
€796,039
2024 · €11.3m-€10.5m
Balance sheet total
€197.7m
2024 · €175.3m+€22.4m
Largest movements
Assets
- Financial fixed assets +€68.3m
up €68.3m (+65.7%), from €103.9m to €172.2m
of which Other financial fixed assets: +€68.1m
- Current investments -€33.2m
down €33.2m (-63.6%), from €52.2m to €19.0m
- Cash -€10.5m
down €10.5m (-93.0%), from €11.3m to €796,039
mainly Investment in fixed assets (net) (-€70.7m) and Other debts (-€3.7m)
- Receivables within one year -€4.4m
down €4.4m (-91.0%), from €4.9m to €440,722
of which Other amounts receivable: -€4.4m
- Tangible fixed assets +€2.3m
up €2.3m (+77.0%), from €3.0m to €5.3m
of which Land and buildings: +€2.2m
Equity and liabilities
- Profit (loss) carried forward +€24.0m
up €24.0m (+14.3%), from €168.0m to €192.0m
- Other debts -€3.7m
down €3.7m (-78.4%), from €4.7m to €1.0m
- Debts after one year +€3.4m
up €3.4m (+6,564%), from €51,500 to €3.4m
of which Financial debts: +€3.4m
Income statement
- Financial income -€139.5m
down €139.5m (-84.1%), from €165.9m to €26.4m
of which Non-recurring financial income: -€141.5m
- Financial charges +€1.4m
up €1.4m (+1,204%), from €116,730 to €1.5m
- Services and other goods -€122,082
down €122,082 (-24.7%), from €494,805 to €372,723
- Taxes +€72,441
up €72,441 (+19.7%), from €367,721 to €440,162
- Other operating charges +€34,890
up €34,890 (+136%), from €25,636 to €60,526
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.
Result 2024
€165.3m
Turnover
+€9,424
Other operating income
+€5,533
Goods and materials
-€14,794
Services and other goods
+€122,082
Depreciation
-€4,727
Other operating charges
-€34,890
Other operating items
+€13,196
Financial income
-€139.5m
Financial charges
-€1.4m
Taxes
-€72,441
Result 2025
€24.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€23.9m
Investment
-€37.4m
Financing
+€3.0m
Cash 2024
€11.3m
From operations (derived)
+€23.9m
Net result for the year
+€24.4m
Depreciation
+€96,955
Receivables within one year
+€4.4m
Smaller working-capital items
+€6,978
Tax, wage and social debts
-€1.3m
Other debts
-€3.7m
Investment (derived)
-€37.4m
Investment in fixed assets (net)
-€70.7m
Current investments
+€33.2m
Financing
+€3.0m
Debts after one year
+€3.4m
Current portion of long-term debt
-€380,447
Cash 2025
€796,039
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,293,665 | €197,696,396 | +€22.4m | +12.8% |
| Fixed assets | 21/28 | €106,890,307 | €177,457,609 | +€70.6m | +66.0% |
| Tangible fixed assets | 22/27 | €2,977,030 | €5,270,331 | +€2.3m | +77.0% |
| Land and buildings | 22 | €2,874,257 | €5,102,835 | +€2.2m | +77.5% |
| Plant, machinery and equipment | 23 | €1,192 | €1,654 | +€463 | +38.8% |
| Furniture and vehicles | 24 | €32,230 | €16,022 | -€16,209 | -50.3% |
| Other tangible fixed assets | 26 | €69,351 | €149,821 | +€80,469 | +116% |
| Financial fixed assets | 28 | €103,913,277 | €172,187,277 | +€68.3m | +65.7% |
| Affiliated companies | 280/1 | €3,804,831 | €4,006,331 | +€201,500 | +5.3% |
| Participating interests | 280 | €3,804,831 | €4,006,331 | +€201,500 | +5.3% |
| Other financial fixed assets | 284/8 | €100,108,446 | €168,180,946 | +€68.1m | +68.0% |
| Shares | 284 | €100,108,446 | €168,180,946 | +€68.1m | +68.0% |
| Current assets | 29/58 | €68,403,358 | €20,238,788 | -€48.2m | -70.4% |
| Amounts receivable within one year | 40/41 | €4,877,159 | €440,722 | -€4.4m | -91.0% |
| Trade receivables | 40 | €166,937 | €113,619 | -€53,318 | -31.9% |
| Other amounts receivable | 41 | €4,710,222 | €327,103 | -€4.4m | -93.1% |
| Current investments | 50/53 | €52,225,907 | €19,000,000 | -€33.2m | -63.6% |
| Other investments | 51/53 | €52,225,907 | €19,000,000 | -€33.2m | -63.6% |
| Cash at bank and in hand | 54/58 | €11,292,419 | €796,039 | -€10.5m | -93.0% |
| Deferred charges and accrued income | 490/1 | €7,873 | €2,027 | -€5,846 | -74.3% |
| Total equity and liabilities | 10/49 | €175,293,665 | €197,696,396 | +€22.4m | +12.8% |
| Equity | 10/15 | €168,112,001 | €192,506,579 | +€24.4m | +14.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €427,200 | +€421,000 | +6,790% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €421,000 | +€421,000 | |
| Profit (loss) carried forward | 14 | €168,043,801 | €192,017,379 | +€24.0m | +14.3% |
| Amounts payable | 17/49 | €7,181,664 | €5,189,817 | -€2.0m | -27.7% |
| Amounts payable after more than one year | 17 | €51,500 | €3,431,938 | +€3.4m | +6,564% |
| Financial debts | 170/4 | - | €3,380,438 | +€3.4m | |
| Credit institutions | 173 | - | €3,380,438 | +€3.4m | |
| Other amounts payable | 178/9 | €51,500 | €51,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,084,523 | €1,757,556 | -€5.3m | -75.2% |
| Current portion of amounts payable after more than one year | 42 | €1,045,842 | €665,395 | -€380,447 | -36.4% |
| Trade debts | 44 | €36,912 | €83,361 | +€46,449 | +126% |
| Suppliers | 440/4 | €36,912 | €83,361 | +€46,449 | +126% |
| Taxes, remuneration and social security | 45 | €1,334,035 | - | -€1.3m | |
| Taxes | 450/3 | €1,334,035 | - | -€1.3m | |
| Other amounts payable | 47/48 | €4,667,733 | €1,008,799 | -€3.7m | -78.4% |
| Accrued charges and deferred income | 492/3 | €45,641 | €324 | -€45,317 | -99.3% |
| Operating income | 70/76A | €522,204 | €537,431 | +€15,227 | +2.9% |
| Turnover | 70 | €298,744 | €308,168 | +€9,424 | +3.2% |
| Other operating income | 74 | €223,460 | €228,993 | +€5,533 | +2.5% |
| Non-recurring operating income | 76A | - | €270 | +€270 | |
| Operating charges | 60/66A | €667,579 | €586,983 | -€80,596 | -12.1% |
| Goods for resale, raw materials and consumables | 60 | €41,984 | €56,778 | +€14,794 | +35.2% |
| Purchases | 600/8 | €41,984 | €56,778 | +€14,794 | +35.2% |
| Services and other goods | 61 | €494,805 | €372,723 | -€122,082 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,228 | €96,955 | +€4,727 | +5.1% |
| Other operating charges | 640/8 | €25,636 | €60,526 | +€34,890 | +136% |
| Non-recurring operating charges | 66A | €12,926 | - | -€12,926 | |
| Operating profit (loss) | 9901 | -€145,375 | -€49,551 | +€95,823 | +65.9% |
| Financial income | 75/76B | €165,936,118 | €26,406,007 | -€139.5m | -84.1% |
| Recurring financial income | 75 | €1,644,160 | €3,585,475 | +€1.9m | +118% |
| Income from financial fixed assets | 750 | €158,384 | €2,496,317 | +€2.3m | +1,476% |
| Income from current assets | 751 | €1,485,776 | €884,007 | -€601,770 | -40.5% |
| Other financial income | 752/9 | - | €205,151 | +€205,151 | |
| Non-recurring financial income | 76B | €164,291,958 | €22,820,532 | -€141.5m | -86.1% |
| Financial charges | 65/66B | €116,730 | €1,521,716 | +€1.4m | +1,204% |
| Recurring financial charges | 65 | €116,730 | €1,521,716 | +€1.4m | +1,204% |
| Debt charges | 650 | €50,166 | €7,709 | -€42,457 | -84.6% |
| Other financial charges | 652/9 | €66,564 | €1,514,007 | +€1.4m | +2,175% |
| Profit (loss) for the period before taxes | 9903 | €165,674,013 | €24,834,740 | -€140.8m | -85.0% |
| Income taxes | 67/77 | €367,721 | €440,162 | +€72,441 | +19.7% |
| Taxes | 670/3 | €367,721 | €440,162 | +€72,441 | +19.7% |
| Profit (loss) for the period | 9904 | €165,306,292 | €24,394,578 | -€140.9m | -85.2% |
| Transfer to tax-exempt reserves | 689 | - | €421,000 | +€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €165,306,292 | €23,973,578 | -€141.3m | -85.5% |
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 22 October 2026 via checked.be.