CLMgt: 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.
CLMgt
Largest movements
- Cash +€109,207
up €109,207 (+64.8%), from €168,553 to €277,761
mainly Net result for the year (+€295,571) and Other debts (+€112,694)
- Other debts +€112,694
up €112,694 (+61.6%), from €182,877 to €295,571
- Trade debts -€3,991
down €3,991 (-85.2%), from €4,685 to €694
- Gross operating margin +€155,830
up €155,830 (+67.1%), from €232,287 to €388,117
- Taxes +€38,695
up €38,695 (+72.1%), from €53,637 to €92,333
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 | €207,801 | €319,187 | +€111,387 | +53.6% |
| Fixed assets | 21/28 | - | €1,004 | +€1,004 | |
| Tangible fixed assets | 22/27 | - | €1,004 | +€1,004 | |
| Furniture and vehicles | 24 | - | €1,004 | +€1,004 | |
| Current assets | 29/58 | €207,801 | €318,184 | +€110,383 | +53.1% |
| Amounts receivable within one year | 40/41 | €36,499 | €37,469 | +€970 | +2.7% |
| Trade receivables | 40 | €29,716 | €30,680 | +€964 | +3.2% |
| Other amounts receivable | 41 | €6,783 | €6,789 | +€6 | +0.1% |
| Cash at bank and in hand | 54/58 | €168,553 | €277,761 | +€109,207 | +64.8% |
| Deferred charges and accrued income | 490/1 | €2,748 | €2,954 | +€206 | +7.5% |
| Total equity and liabilities | 10/49 | €207,801 | €319,187 | +€111,387 | +53.6% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €202,801 | €314,187 | +€111,387 | +54.9% |
| Amounts payable within one year | 42/48 | €202,801 | €314,187 | +€111,387 | +54.9% |
| Trade debts | 44 | €4,685 | €694 | -€3,991 | -85.2% |
| Suppliers | 440/4 | €4,685 | €694 | -€3,991 | -85.2% |
| Taxes, remuneration and social security | 45 | €15,239 | €17,923 | +€2,684 | +17.6% |
| Taxes | 450/3 | €13,411 | €17,923 | +€4,512 | +33.6% |
| Remuneration and social security | 454/9 | €1,828 | €0 | -€1,828 | -100.0% |
| Other amounts payable | 47/48 | €182,877 | €295,571 | +€112,694 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €391 | +€391 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €232,287 | €388,117 | +€155,830 | +67.1% |
| Operating profit (loss) | 9901 | €231,900 | €387,326 | +€155,427 | +67.0% |
| Financial income | 75/76B | €1,400 | €644 | -€756 | -54.0% |
| Recurring financial income | 75 | €1,400 | €644 | -€756 | -54.0% |
| Financial charges | 65/66B | €187 | €67 | -€120 | -64.1% |
| Recurring financial charges | 65 | €187 | €67 | -€120 | -64.1% |
| Profit (loss) for the period before taxes | 9903 | €233,113 | €387,903 | +€154,791 | +66.4% |
| Income taxes | 67/77 | €53,637 | €92,333 | +€38,695 | +72.1% |
| Profit (loss) for the period | 9904 | €179,476 | €295,571 | +€116,095 | +64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €179,476 | €295,571 | +€116,095 | +64.7% |
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 7 October 2026 via checked.be.