CLIPPER Reizen: 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.
CLIPPER Reizen
Largest movements
- Receivables within one year +€113,103
up €113,103 (+67.7%), from €166,987 to €280,090
of which Trade receivables: +€137,955
- Deferred charges and accrued income -€81,594
down €81,594 (-67.4%), from €121,109 to €39,515
- Accrued charges and deferred income -€45,872
down €45,872 (-29.2%), from €156,939 to €111,067
- Trade debts +€42,573
up €42,573 (+52.5%), from €81,103 to €123,676
- Reserves +€32,950
up €32,950 (+686.5%), from €4,800 to €37,750
- Gross operating margin +€35,617
up €35,617 (+399.3%), from €8,920 to €44,537
- Taxes +€7,051
up €7,051 (+577.9%), from €1,220 to €8,271
- Depreciation -€1,421
down €1,421 (-71.2%), from €1,995 to €575
- Financial charges +€1,177
up €1,177 (+270.8%), from €434 to €1,611
- Other operating charges +€972
up €972 (+251.0%), from €387 to €1,360
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 | €374,011 | €407,973 | +€33,962 | +9.1% |
| Formation expenses | 20 | €575 | €0 | -€575 | -100.0% |
| Current assets | 29/58 | €373,436 | €407,973 | +€34,537 | +9.2% |
| Amounts receivable within one year | 40/41 | €166,987 | €280,090 | +€113,103 | +67.7% |
| Trade receivables | 40 | €49,506 | €187,460 | +€137,955 | +278.7% |
| Other amounts receivable | 41 | €117,482 | €92,629 | -€24,852 | -21.2% |
| Cash at bank and in hand | 54/58 | €85,340 | €88,369 | +€3,028 | +3.5% |
| Deferred charges and accrued income | 490/1 | €121,109 | €39,515 | -€81,594 | -67.4% |
| Total equity and liabilities | 10/49 | €374,011 | €407,973 | +€33,962 | +9.1% |
| Equity | 10/15 | €29,883 | €62,780 | +€32,898 | +110.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €4,800 | €37,750 | +€32,950 | +686.5% |
| Distributable reserves | 133 | €4,800 | €37,750 | +€32,950 | +686.5% |
| Profit (loss) carried forward | 14 | €83 | €30 | -€52 | -63.2% |
| Amounts payable | 17/49 | €344,128 | €345,193 | +€1,065 | +0.3% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,189 | €134,126 | +€46,937 | +53.8% |
| Trade debts | 44 | €81,103 | €123,676 | +€42,573 | +52.5% |
| Suppliers | 440/4 | €81,103 | €123,676 | +€42,573 | +52.5% |
| Taxes, remuneration and social security | 45 | €6,086 | €9,542 | +€3,456 | +56.8% |
| Taxes | 450/3 | €6,086 | €9,542 | +€3,456 | +56.8% |
| Other amounts payable | 47/48 | - | €907 | +€907 | |
| Accrued charges and deferred income | 492/3 | €156,939 | €111,067 | -€45,872 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,995 | €575 | -€1,421 | -71.2% |
| Other operating charges | 640/8 | €387 | €1,360 | +€972 | +251.0% |
| Gross operating margin | 9900 | €8,920 | €44,537 | +€35,617 | +399.3% |
| Operating profit (loss) | 9901 | €6,537 | €42,603 | +€36,066 | +551.7% |
| Financial income | 75/76B | - | €177 | +€177 | |
| Recurring financial income | 75 | - | €177 | +€177 | |
| Financial charges | 65/66B | €434 | €1,611 | +€1,177 | +270.8% |
| Recurring financial charges | 65 | €434 | €1,611 | +€1,177 | +270.8% |
| Profit (loss) for the period before taxes | 9903 | €6,103 | €41,168 | +€35,065 | +574.6% |
| Income taxes | 67/77 | €1,220 | €8,271 | +€7,051 | +577.9% |
| Profit (loss) for the period | 9904 | €4,883 | €32,898 | +€28,015 | +573.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,883 | €32,898 | +€28,015 | +573.7% |
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 5 October 2026 via checked.be.