CLITEUR: 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
CLITEUR
NACE 47.784, Retail sale of souvenirs and religious articles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€29,007
2024 · €1,544-€30,551
Equity
-€135,443
2024 · -€106,436-€29,007
Cash
€32,473
2024 · €26,238+€6,235
Balance sheet total
€778,361
2024 · €846,947-€68,586
Largest movements
Assets
- Stocks and contracts -€50,816
down €50,816 (-10.3%), from €495,524 to €444,709
- Tangible fixed assets -€19,682
down €19,682 (-11.1%), from €177,075 to €157,393
of which Leasing and similar rights: -€16,529
- Receivables within one year -€9,074
down €9,074 (-28.8%), from €31,461 to €22,387
of which Trade receivables: -€8,895
Equity and liabilities
- Profit (loss) carried forward -€29,007
down €29,007 (-22.6%), from -€128,436 to -€157,443
- Trade debts -€11,809
down €11,809 (-28.8%), from €41,057 to €29,248
- Debts after one year -€10,329
down €10,329 (-1.3%), from €782,688 to €772,359
Income statement
- Gross operating margin -€33,971
down €33,971 (-23.8%), from €142,697 to €108,726
- Staff costs -€4,489
down €4,489 (-7.6%), from €59,058 to €54,569
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
€1,544
Gross operating margin
-€33,971
Staff costs
+€4,489
Depreciation
+€1,056
Other operating charges
+€498
Other operating items
-€3,666
Financial income
-€139
Financial charges
+€1,197
Taxes
-€15
Result 2025
-€29,007
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.
From operations
+€46,030
Investment
-€22,962
Financing
-€16,834
Cash 2024
€26,238
From operations (derived)
+€46,030
Net result for the year
-€29,007
Depreciation
+€42,651
Stocks and contracts
+€50,816
Receivables within one year
+€9,074
Deferred charges and accrued income
-€4,758
Trade debts
-€11,809
Tax, wage and social debts
-€3,092
Other debts
-€7,734
Accrued charges and deferred income
-€110
Investment (derived)
-€22,962
Investment in fixed assets (net)
-€22,962
Financing
-€16,834
Debts after one year
-€10,329
Current portion of long-term debt
-€6,505
Cash 2025
€32,473
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €846,947 | €778,361 | -€68,586 | -8.1% |
| Fixed assets | 21/28 | €284,605 | €264,916 | -€19,689 | -6.9% |
| Intangible fixed assets | 21 | €107,440 | €107,433 | -€7 | 0.0% |
| Tangible fixed assets | 22/27 | €177,075 | €157,393 | -€19,682 | -11.1% |
| Plant, machinery and equipment | 23 | €2,206 | €1,285 | -€921 | -41.7% |
| Furniture and vehicles | 24 | €10,049 | €7,818 | -€2,232 | -22.2% |
| Leasing and similar rights | 25 | €164,819 | €148,290 | -€16,529 | -10.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €562,342 | €513,445 | -€48,897 | -8.7% |
| Stocks and contracts in progress | 3 | €495,524 | €444,709 | -€50,816 | -10.3% |
| Stocks | 30/36 | €495,524 | €444,709 | -€50,816 | -10.3% |
| Amounts receivable within one year | 40/41 | €31,461 | €22,387 | -€9,074 | -28.8% |
| Trade receivables | 40 | €27,093 | €18,199 | -€8,895 | -32.8% |
| Other amounts receivable | 41 | €4,367 | €4,189 | -€179 | -4.1% |
| Cash at bank and in hand | 54/58 | €26,238 | €32,473 | +€6,235 | +23.8% |
| Deferred charges and accrued income | 490/1 | €9,119 | €13,877 | +€4,758 | +52.2% |
| Total equity and liabilities | 10/49 | €846,947 | €778,361 | -€68,586 | -8.1% |
| Equity | 10/15 | -€106,436 | -€135,443 | -€29,007 | -27.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,436 | -€157,443 | -€29,007 | -22.6% |
| Amounts payable | 17/49 | €953,383 | €913,804 | -€39,579 | -4.2% |
| Amounts payable after more than one year | 17 | €782,688 | €772,359 | -€10,329 | -1.3% |
| Financial debts | 170/4 | €782,688 | €772,359 | -€10,329 | -1.3% |
| Amounts payable within one year | 42/48 | €170,513 | €141,373 | -€29,141 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €27,046 | €20,541 | -€6,505 | -24.1% |
| Trade debts | 44 | €41,057 | €29,248 | -€11,809 | -28.8% |
| Suppliers | 440/4 | €41,057 | €29,248 | -€11,809 | -28.8% |
| Taxes, remuneration and social security | 45 | €10,417 | €7,325 | -€3,092 | -29.7% |
| Taxes | 450/3 | €4,615 | €3,390 | -€1,225 | -26.5% |
| Remuneration and social security | 454/9 | €5,802 | €3,935 | -€1,867 | -32.2% |
| Other amounts payable | 47/48 | €91,993 | €84,259 | -€7,734 | -8.4% |
| Accrued charges and deferred income | 492/3 | €182 | €72 | -€110 | -60.4% |
| Non-recurring operating income | 76A | - | €3,666 | +€3,666 | |
| Remuneration, social security and pensions | 62 | €59,058 | €54,569 | -€4,489 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,707 | €42,651 | -€1,056 | -2.4% |
| Other operating charges | 640/8 | €6,540 | €6,043 | -€498 | -7.6% |
| Non-recurring operating charges | 66A | - | €3,666 | +€3,666 | |
| Gross operating margin | 9900 | €142,697 | €108,726 | -€33,971 | -23.8% |
| Operating profit (loss) | 9901 | €33,391 | €1,798 | -€31,594 | -94.6% |
| Financial income | 75/76B | €523 | €383 | -€139 | -26.6% |
| Recurring financial income | 75 | €523 | €383 | -€139 | -26.6% |
| Financial charges | 65/66B | €31,940 | €30,743 | -€1,197 | -3.7% |
| Recurring financial charges | 65 | €31,940 | €30,743 | -€1,197 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €1,974 | -€28,561 | -€30,535 | |
| Income taxes | 67/77 | €430 | €445 | +€15 | +3.6% |
| Profit (loss) for the period | 9904 | €1,544 | -€29,007 | -€30,551 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,544 | -€29,007 | -€30,551 |
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 28 September 2026 via checked.be.