CLIOPS: 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.
CLIOPS
Largest movements
- Cash +€5,797
up €5,797 (+7.0%), from €82,673 to €88,471
mainly Net result for the year (+€5,969) and Depreciation (+€5,786)
- Tangible fixed assets -€3,829
down €3,829 (-19.7%), from €19,434 to €15,605
of which Furniture and vehicles: -€3,176
- Receivables within one year +€2,882
up €2,882 (+10.0%), from €28,859 to €31,741
of which Trade receivables: +€5,562
- Reserves +€5,136
up €5,136 (+4.2%), from €122,045 to €127,181
of which Distributable reserves: +€5,136
- Gross operating margin -€13,611
down €13,611 (-21.5%), from €63,369 to €49,757
- Staff costs -€4,773
down €4,773 (-13.3%), from €35,853 to €31,080
- Taxes -€2,474
down €2,474 (-48.8%), from €5,065 to €2,591
- Financial income -€789
down €789 (-83.7%), from €943 to €154
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 | €146,634 | €151,327 | +€4,693 | +3.2% |
| Fixed assets | 21/28 | €24,634 | €20,805 | -€3,829 | -15.5% |
| Tangible fixed assets | 22/27 | €19,434 | €15,605 | -€3,829 | -19.7% |
| Plant, machinery and equipment | 23 | €1,203 | €551 | -€652 | -54.2% |
| Furniture and vehicles | 24 | €18,231 | €15,055 | -€3,176 | -17.4% |
| Financial fixed assets | 28 | €5,200 | €5,200 | = | 0.0% |
| Current assets | 29/58 | €122,000 | €130,521 | +€8,521 | +7.0% |
| Stocks and contracts in progress | 3 | €7,089 | €5,871 | -€1,218 | -17.2% |
| Stocks | 30/36 | €7,089 | €5,871 | -€1,218 | -17.2% |
| Amounts receivable within one year | 40/41 | €28,859 | €31,741 | +€2,882 | +10.0% |
| Trade receivables | 40 | €2,751 | €8,314 | +€5,562 | +202% |
| Other amounts receivable | 41 | €26,107 | €23,427 | -€2,680 | -10.3% |
| Cash at bank and in hand | 54/58 | €82,673 | €88,471 | +€5,797 | +7.0% |
| Deferred charges and accrued income | 490/1 | €3,379 | €4,439 | +€1,060 | +31.4% |
| Total equity and liabilities | 10/49 | €146,634 | €151,327 | +€4,693 | +3.2% |
| Equity | 10/15 | €130,743 | €135,879 | +€5,136 | +3.9% |
| Contributions | 10/11 | €8,697 | €8,697 | = | 0.0% |
| Reserves | 13 | €122,045 | €127,181 | +€5,136 | +4.2% |
| Non-distributable reserves | 130/1 | €2,109 | €2,109 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,109 | €2,109 | = | 0.0% |
| Distributable reserves | 133 | €119,936 | €125,072 | +€5,136 | +4.3% |
| Amounts payable | 17/49 | €15,891 | €15,448 | -€443 | -2.8% |
| Amounts payable within one year | 42/48 | €15,891 | €15,448 | -€443 | -2.8% |
| Trade debts | 44 | €2,941 | €3,115 | +€174 | +5.9% |
| Suppliers | 440/4 | €2,941 | €3,115 | +€174 | +5.9% |
| Taxes, remuneration and social security | 45 | €12,118 | €11,500 | -€617 | -5.1% |
| Taxes | 450/3 | €10,609 | €9,928 | -€682 | -6.4% |
| Remuneration and social security | 454/9 | €1,508 | €1,573 | +€64 | +4.3% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €35,853 | €31,080 | -€4,773 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,586 | €5,786 | +€200 | +3.6% |
| Other operating charges | 640/8 | €3,998 | €4,079 | +€81 | +2.0% |
| Gross operating margin | 9900 | €63,369 | €49,757 | -€13,611 | -21.5% |
| Operating profit (loss) | 9901 | €17,932 | €8,813 | -€9,118 | -50.8% |
| Financial income | 75/76B | €943 | €154 | -€789 | -83.7% |
| Recurring financial income | 75 | €943 | €154 | -€789 | -83.7% |
| Financial charges | 65/66B | €411 | €407 | -€3 | -0.8% |
| Recurring financial charges | 65 | €411 | €407 | -€3 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €18,463 | €8,560 | -€9,903 | -53.6% |
| Income taxes | 67/77 | €5,065 | €2,591 | -€2,474 | -48.8% |
| Profit (loss) for the period | 9904 | €13,398 | €5,969 | -€7,429 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,398 | €5,969 | -€7,429 | -55.4% |
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 29 October 2026 via checked.be.