CLIQUET: 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.
CLIQUET
Largest movements
- Cash +€4,868
up €4,868 (+23.5%), from €20,690 to €25,558
mainly Net result for the year (+€8,802) and Other debts (+€3,719)
- Receivables within one year +€3,023
up €3,023 (+20.1%), from €15,078 to €18,101
of which Trade receivables: +€7,181
- Reserves +€8,802
up €8,802 (+439.3%), from €2,003 to €10,805
- Other debts +€3,719
up €3,719 (+32.5%), from €11,427 to €15,146
- Trade debts -€3,106
down €3,106 (-100.0%), from €3,106 to €0
- Tax, wage and social debts -€1,523
down €1,523 (-36.0%), from €4,231 to €2,708
- Gross operating margin -€10,612
down €10,612 (-43.1%), from €24,595 to €13,983
- Taxes +€344
up €344 (+9.0%), from €3,843 to €4,187
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 | €35,768 | €43,659 | +€7,891 | +22.1% |
| Current assets | 29/58 | €35,768 | €43,659 | +€7,891 | +22.1% |
| Amounts receivable within one year | 40/41 | €15,078 | €18,101 | +€3,023 | +20.1% |
| Trade receivables | 40 | €10,920 | €18,101 | +€7,181 | +65.8% |
| Other amounts receivable | 41 | €4,157 | €0 | -€4,157 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,690 | €25,558 | +€4,868 | +23.5% |
| Total equity and liabilities | 10/49 | €35,768 | €43,659 | +€7,891 | +22.1% |
| Equity | 10/15 | €7,003 | €15,805 | +€8,802 | +125.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,003 | €10,805 | +€8,802 | +439.3% |
| Distributable reserves | 133 | €2,003 | €10,805 | +€8,802 | +439.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,765 | €27,854 | -€910 | -3.2% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,765 | €17,854 | -€910 | -4.9% |
| Trade debts | 44 | €3,106 | €0 | -€3,106 | -100.0% |
| Suppliers | 440/4 | €3,106 | €0 | -€3,106 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,231 | €2,708 | -€1,523 | -36.0% |
| Taxes | 450/3 | €4,231 | €2,708 | -€1,523 | -36.0% |
| Other amounts payable | 47/48 | €11,427 | €15,146 | +€3,719 | +32.5% |
| Other operating charges | 640/8 | €768 | €921 | +€153 | +19.9% |
| Gross operating margin | 9900 | €24,595 | €13,983 | -€10,612 | -43.1% |
| Operating profit (loss) | 9901 | €23,827 | €13,062 | -€10,764 | -45.2% |
| Financial charges | 65/66B | €44 | €73 | +€29 | +66.7% |
| Recurring financial charges | 65 | €44 | €73 | +€29 | +66.7% |
| Profit (loss) for the period before taxes | 9903 | €23,783 | €12,989 | -€10,794 | -45.4% |
| Income taxes | 67/77 | €3,843 | €4,187 | +€344 | +9.0% |
| Profit (loss) for the period | 9904 | €19,940 | €8,802 | -€11,138 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,940 | €8,802 | -€11,138 | -55.9% |
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 12 October 2026 via checked.be.