CLN GROUP: 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.
CLN GROUP
Largest movements
- Cash -€19,941
down €19,941 (-41.7%), from €47,836 to €27,894
mainly Trade debts (-€43,656) and Net result for the year (-€4,491)
- Receivables within one year -€14,670
down €14,670 (-23.8%), from €61,516 to €46,846
of which Trade receivables: -€19,231
- Trade debts -€43,656
down €43,656 (-83.9%), from €52,022 to €8,366
- Other debts +€10,389
up €10,389 (+104%), from €10,012 to €20,401
- Gross operating margin -€5,404
down €5,404 (-90.7%), from €5,956 to €552
- Taxes +€1,112
up €1,112 (+861%), from €129 to €1,242
- Depreciation +€1,050
up €1,050 (+325%), from €323 to €1,374
- Financial charges -€181
down €181 (-9.1%), from €1,982 to €1,801
- Other operating charges -€141
down €141 (-12.6%), from €1,115 to €974
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 | €459,226 | €423,807 | -€35,418 | -7.7% |
| Fixed assets | 21/28 | €346,468 | €347,446 | +€978 | +0.3% |
| Tangible fixed assets | 22/27 | €2,443 | €3,421 | +€978 | +40.0% |
| Plant, machinery and equipment | 23 | - | €1,844 | +€1,844 | |
| Furniture and vehicles | 24 | €2,443 | €1,577 | -€866 | -35.5% |
| Financial fixed assets | 28 | €344,025 | €344,025 | = | 0.0% |
| Current assets | 29/58 | €112,758 | €76,361 | -€36,396 | -32.3% |
| Amounts receivable within one year | 40/41 | €61,516 | €46,846 | -€14,670 | -23.8% |
| Trade receivables | 40 | €61,296 | €42,065 | -€19,231 | -31.4% |
| Other amounts receivable | 41 | €220 | €4,781 | +€4,561 | +2,073% |
| Cash at bank and in hand | 54/58 | €47,836 | €27,894 | -€19,941 | -41.7% |
| Deferred charges and accrued income | 490/1 | €3,405 | €1,621 | -€1,785 | -52.4% |
| Total equity and liabilities | 10/49 | €459,226 | €423,807 | -€35,418 | -7.7% |
| Equity | 10/15 | €389,124 | €384,633 | -€4,491 | -1.2% |
| Contributions | 10/11 | €333,000 | €333,000 | = | 0.0% |
| Capital | 10 | €333,000 | - | -€333,000 | |
| Issued capital | 100 | €333,000 | - | -€333,000 | |
| Reserves | 13 | €65,772 | €65,772 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,600 | €3,600 | = | 0.0% |
| Legal reserve | 130 | €3,600 | - | -€3,600 | |
| Reserves not available under the articles | 1311 | - | €3,600 | +€3,600 | |
| Distributable reserves | 133 | €62,172 | €62,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,648 | -€14,139 | -€4,491 | -46.5% |
| Amounts payable | 17/49 | €70,102 | €39,174 | -€30,928 | -44.1% |
| Amounts payable within one year | 42/48 | €70,102 | €38,570 | -€31,532 | -45.0% |
| Trade debts | 44 | €52,022 | €8,366 | -€43,656 | -83.9% |
| Suppliers | 440/4 | €52,022 | €8,366 | -€43,656 | -83.9% |
| Taxes, remuneration and social security | 45 | €8,068 | €9,803 | +€1,735 | +21.5% |
| Taxes | 450/3 | €8,068 | €9,803 | +€1,735 | +21.5% |
| Other amounts payable | 47/48 | €10,012 | €20,401 | +€10,389 | +104% |
| Accrued charges and deferred income | 492/3 | - | €604 | +€604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €1,374 | +€1,050 | +325% |
| Other operating charges | 640/8 | €1,115 | €974 | -€141 | -12.6% |
| Gross operating margin | 9900 | €5,956 | €552 | -€5,404 | -90.7% |
| Operating profit (loss) | 9901 | €4,518 | -€1,796 | -€6,313 | |
| Financial income | 75/76B | €460 | €348 | -€113 | -24.5% |
| Recurring financial income | 75 | €460 | €348 | -€113 | -24.5% |
| Financial charges | 65/66B | €1,982 | €1,801 | -€181 | -9.1% |
| Recurring financial charges | 65 | €1,982 | €1,801 | -€181 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €2,996 | -€3,249 | -€6,245 | |
| Income taxes | 67/77 | €129 | €1,242 | +€1,112 | +861% |
| Profit (loss) for the period | 9904 | €2,867 | -€4,491 | -€7,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,867 | -€4,491 | -€7,357 |
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 15 October 2026 via checked.be.