Cliver Technics: 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.
Cliver Technics
Largest movements
- Stocks and contracts +€112,065
up €112,065 (+41.0%), from €273,435 to €385,500
of which Stocks: +€117,065
- Cash +€88,131
up €88,131 (+42.5%), from €207,414 to €295,545
mainly Debts after one year (+€325,001) and Depreciation (+€218,288)
- Intangible fixed assets -€84,011
down €84,011 (-13.9%), from €603,925 to €519,914
- Other debts -€478,628
down €478,628 (-57.8%), from €828,044 to €349,416
- Debts after one year +€325,001
up €325,001 (+24.3%), from €1.3m to €1.7m
of which Other amounts payable: +€500,000
- Trade debts +€155,492
up €155,492 (+68.4%), from €227,476 to €382,968
- Reserves +€79,101
up €79,101 (+123%), from €64,154 to €143,256
- Tax, wage and social debts +€63,090
up €63,090 (+82.6%), from €76,408 to €139,498
of which Remuneration and social security: +€49,603
- Staff costs +€236,116
up €236,116 (+37.3%), from €632,649 to €868,764
- Gross operating margin +€161,356
up €161,356 (+14.0%), from €1.2m to €1.3m
- Depreciation -€118,598
down €118,598 (-35.2%), from €336,885 to €218,288
- Taxes +€20,992
up €20,992 (+282%), from €7,456 to €28,447
- Financial charges -€14,452
down €14,452 (-10.4%), from €139,083 to €124,631
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 | €2,807,218 | €2,936,363 | +€129,145 | +4.6% |
| Fixed assets | 21/28 | €1,922,063 | €1,835,531 | -€86,532 | -4.5% |
| Intangible fixed assets | 21 | €603,925 | €519,914 | -€84,011 | -13.9% |
| Tangible fixed assets | 22/27 | €1,318,015 | €1,315,494 | -€2,521 | -0.2% |
| Land and buildings | 22 | €1,131,103 | €1,150,055 | +€18,953 | +1.7% |
| Plant, machinery and equipment | 23 | €22,548 | €18,642 | -€3,905 | -17.3% |
| Furniture and vehicles | 24 | €164,364 | €146,796 | -€17,568 | -10.7% |
| Financial fixed assets | 28 | €123 | €123 | = | 0.0% |
| Current assets | 29/58 | €885,155 | €1,100,832 | +€215,677 | +24.4% |
| Stocks and contracts in progress | 3 | €273,435 | €385,500 | +€112,065 | +41.0% |
| Stocks | 30/36 | €198,435 | €315,500 | +€117,065 | +59.0% |
| Contracts in progress | 37 | €75,000 | €70,000 | -€5,000 | -6.7% |
| Amounts receivable within one year | 40/41 | €393,818 | €405,467 | +€11,649 | +3.0% |
| Trade receivables | 40 | €327,121 | €320,775 | -€6,346 | -1.9% |
| Other amounts receivable | 41 | €66,697 | €84,692 | +€17,995 | +27.0% |
| Cash at bank and in hand | 54/58 | €207,414 | €295,545 | +€88,131 | +42.5% |
| Deferred charges and accrued income | 490/1 | €10,488 | €14,320 | +€3,832 | +36.5% |
| Total equity and liabilities | 10/49 | €2,807,218 | €2,936,363 | +€129,145 | +4.6% |
| Equity | 10/15 | €74,154 | €186,181 | +€112,027 | +151% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €32,926 | +€32,926 | |
| Reserves | 13 | €64,154 | €143,256 | +€79,101 | +123% |
| Distributable reserves | 133 | €64,154 | €143,256 | +€79,101 | +123% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,733,064 | €2,750,182 | +€17,118 | +0.6% |
| Amounts payable after more than one year | 17 | €1,339,581 | €1,664,582 | +€325,001 | +24.3% |
| Financial debts | 170/4 | €1,339,581 | €1,164,582 | -€174,999 | -13.1% |
| Other amounts payable | 178/9 | - | €500,000 | +€500,000 | |
| Amounts payable within one year | 42/48 | €1,392,824 | €1,085,600 | -€307,225 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €210,896 | €213,717 | +€2,821 | +1.3% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €227,476 | €382,968 | +€155,492 | +68.4% |
| Suppliers | 440/4 | €227,476 | €382,968 | +€155,492 | +68.4% |
| Taxes, remuneration and social security | 45 | €76,408 | €139,498 | +€63,090 | +82.6% |
| Taxes | 450/3 | €13,009 | €26,496 | +€13,488 | +104% |
| Remuneration and social security | 454/9 | €63,399 | €113,002 | +€49,603 | +78.2% |
| Other amounts payable | 47/48 | €828,044 | €349,416 | -€478,628 | -57.8% |
| Accrued charges and deferred income | 492/3 | €659 | €0 | -€659 | -100% |
| Non-recurring operating income | 76A | - | €20,685 | +€20,685 | |
| Remuneration, social security and pensions | 62 | €632,649 | €868,764 | +€236,116 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336,885 | €218,288 | -€118,598 | -35.2% |
| Other operating charges | 640/8 | €11,610 | €13,181 | +€1,571 | +13.5% |
| Non-recurring operating charges | 66A | €175 | €0 | -€175 | -100% |
| Gross operating margin | 9900 | €1,154,717 | €1,316,073 | +€161,356 | +14.0% |
| Operating profit (loss) | 9901 | €173,398 | €215,840 | +€42,443 | +24.5% |
| Financial income | 75/76B | €6,967 | €16,339 | +€9,373 | +135% |
| Recurring financial income | 75 | €6,967 | €16,339 | +€9,373 | +135% |
| Financial charges | 65/66B | €139,083 | €124,631 | -€14,452 | -10.4% |
| Recurring financial charges | 65 | €139,083 | €124,631 | -€14,452 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €41,282 | €107,549 | +€66,267 | +161% |
| Income taxes | 67/77 | €7,456 | €28,447 | +€20,992 | +282% |
| Profit (loss) for the period | 9904 | €33,826 | €79,101 | +€45,276 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €33,826 | €79,101 | +€45,276 | +134% |
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 16 October 2026 via checked.be.