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Clintel: 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.

What changed

Clintel

BE 0781.332.030
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,270
2024 · €30,097+€173
Equity
€3,000
2024 · €64,789-€61,789
Cash
€46,201
2024 · €57,518-€11,317
Balance sheet total
€69,446
2024 · €91,151-€21,705

Largest movements

2024 to 2025
Assets
  • Cash -€11,317

    down €11,317 (-19.7%), from €57,518 to €46,201

    mainly Contributions, distributions and other (-€92,059) and Debts after one year (-€5,366)

  • Tangible fixed assets -€6,326

    down €6,326 (-26.5%), from €23,857 to €17,530

    of which Furniture and vehicles: -€5,358

  • Receivables within one year -€4,855

    down €4,855 (-57.7%), from €8,414 to €3,559

    of which Other amounts receivable: -€5,635

Equity and liabilities
  • Reserves -€61,789

    down €61,789 (-100.0%), from €61,789 to €0

  • Other debts +€37,292

    up €37,292 (+6202.0%), from €601 to €37,894

  • Tax, wage and social debts +€6,997

    up €6,997 (+299.4%), from €2,337 to €9,335

  • Debts after one year -€5,366

    down €5,366 (-32.4%), from €16,545 to €11,179

Income statement

No income-statement line moved by more than 1% of the activity.

    From the 2024 result to the 2025 result

    effect on the 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 €30,097
    Gross operating margin +€22
    Depreciation -€267
    Other operating charges -€234
    Financial income -€259
    Financial charges +€486
    Taxes +€424
    Result 2025 €30,270

    Cash bridge derived

    cash 2024 to 2025

    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 +€86,393
    Investment -€581
    Financing -€97,128
    Cash 2024 €57,518
    Net result for the year +€30,270
    Depreciation +€6,907
    Receivables within one year +€4,855
    Deferred charges and accrued income -€793
    Trade debts +€631
    Tax, wage and social debts +€6,997
    Other debts +€37,292
    Accrued charges and deferred income +€233
    Investment in fixed assets (net) -€581
    Debts after one year -€5,366
    Current portion of long-term debt +€297
    Contributions, distributions and other -€92,059
    Cash 2025 €46,201
    Every line side by side 42 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €91,151 €69,446 -€21,705 -23.8%
    Fixed assets 21/28 €24,637 €18,310 -€6,326 -25.7%
    Tangible fixed assets 22/27 €23,857 €17,530 -€6,326 -26.5%
    Plant, machinery and equipment 23 €2,982 €2,014 -€968 -32.5%
    Furniture and vehicles 24 €20,875 €15,517 -€5,358 -25.7%
    Financial fixed assets 28 €780 €780 = 0.0%
    Current assets 29/58 €66,514 €51,136 -€15,378 -23.1%
    Amounts receivable within one year 40/41 €8,414 €3,559 -€4,855 -57.7%
    Trade receivables 40 €0 €780 +€780
    Other amounts receivable 41 €8,414 €2,779 -€5,635 -67.0%
    Cash at bank and in hand 54/58 €57,518 €46,201 -€11,317 -19.7%
    Deferred charges and accrued income 490/1 €582 €1,375 +€793 +136.3%
    Total equity and liabilities 10/49 €91,151 €69,446 -€21,705 -23.8%
    Equity 10/15 €64,789 €3,000 -€61,789 -95.4%
    Contributions 10/11 €3,000 €3,000 = 0.0%
    Reserves 13 €61,789 €0 -€61,789 -100.0%
    Distributable reserves 133 €61,789 €0 -€61,789 -100.0%
    Profit (loss) carried forward 14 €0 €0 =
    Amounts payable 17/49 €26,362 €66,446 +€40,084 +152.1%
    Amounts payable after more than one year 17 €16,545 €11,179 -€5,366 -32.4%
    Financial debts 170/4 €16,545 €11,179 -€5,366 -32.4%
    Amounts payable within one year 42/48 €9,817 €55,034 +€45,217 +460.6%
    Current portion of amounts payable after more than one year 42 €5,070 €5,366 +€297 +5.9%
    Trade debts 44 €1,809 €2,439 +€631 +34.9%
    Suppliers 440/4 €1,809 €2,439 +€631 +34.9%
    Taxes, remuneration and social security 45 €2,337 €9,335 +€6,997 +299.4%
    Taxes 450/3 €2,337 €9,335 +€6,997 +299.4%
    Other amounts payable 47/48 €601 €37,894 +€37,292 +6202.0%
    Accrued charges and deferred income 492/3 €0 €233 +€233
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,640 €6,907 +€267 +4.0%
    Other operating charges 640/8 €840 €1,074 +€234 +27.8%
    Gross operating margin 9900 €48,943 €48,965 +€22 0.0%
    Operating profit (loss) 9901 €41,462 €40,984 -€478 -1.2%
    Financial income 75/76B €259 €0 -€259 -100.0%
    Recurring financial income 75 €259 €0 -€259 -100.0%
    Non-recurring financial income 76B €0 - =
    Financial charges 65/66B €3,003 €2,518 -€486 -16.2%
    Recurring financial charges 65 €3,003 €2,518 -€486 -16.2%
    Profit (loss) for the period before taxes 9903 €38,718 €38,466 -€251 -0.6%
    Income taxes 67/77 €8,620 €8,196 -€424 -4.9%
    Profit (loss) for the period 9904 €30,097 €30,270 +€173 +0.6%
    Profit (loss) for the period to be appropriated 9905 €30,097 €30,270 +€173 +0.6%

    Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.