CLNS: 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.
CLNS
Largest movements
- Cash +€42,912
up €42,912 (+46.5%), from €92,208 to €135,120
mainly Other debts (+€87,564) and Net result for the year (+€80,706)
- Receivables within one year +€23,323
up €23,323 (+79.5%), from €29,346 to €52,668
of which Trade receivables: +€23,356
- Deferred charges and accrued income +€19,483
up €19,483 (+720.8%), from €2,703 to €22,186
- Tangible fixed assets -€4,670
down €4,670 (-53.8%), from €8,674 to €4,004
of which Furniture and vehicles: -€4,308
- Other debts +€87,564
up €87,564 (+278.5%), from €31,436 to €119,000
- Profit (loss) carried forward -€84,294
down €84,294 (-99.0%), from €85,138 to €843
- Reserves +€45,000
new in 2025: €45,000
- Tax, wage and social debts +€29,656
up €29,656 (+381.7%), from €7,769 to €37,425
of which Taxes: +€29,656
- Trade debts +€2,916
up €2,916 (+106.1%), from €2,748 to €5,664
- Gross operating margin +€28,061
up €28,061 (+33.7%), from €83,258 to €111,318
- Taxes +€11,316
up €11,316 (+70.9%), from €15,966 to €27,282
- Depreciation -€3,925
down €3,925 (-76.6%), from €5,125 to €1,199
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 | €133,590 | €214,432 | +€80,842 | +60.5% |
| Formation expenses | 20 | €660 | €454 | -€206 | -31.2% |
| Fixed assets | 21/28 | €8,674 | €4,004 | -€4,670 | -53.8% |
| Tangible fixed assets | 22/27 | €8,674 | €4,004 | -€4,670 | -53.8% |
| Plant, machinery and equipment | 23 | €1,646 | €1,284 | -€362 | -22.0% |
| Furniture and vehicles | 24 | €7,028 | €2,719 | -€4,308 | -61.3% |
| Current assets | 29/58 | €124,257 | €209,975 | +€85,718 | +69.0% |
| Amounts receivable within one year | 40/41 | €29,346 | €52,668 | +€23,323 | +79.5% |
| Trade receivables | 40 | €29,312 | €52,668 | +€23,356 | +79.7% |
| Other amounts receivable | 41 | €34 | €0 | -€34 | -100.0% |
| Cash at bank and in hand | 54/58 | €92,208 | €135,120 | +€42,912 | +46.5% |
| Deferred charges and accrued income | 490/1 | €2,703 | €22,186 | +€19,483 | +720.8% |
| Total equity and liabilities | 10/49 | €133,590 | €214,432 | +€80,842 | +60.5% |
| Equity | 10/15 | €90,138 | €50,843 | -€39,294 | -43.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €45,000 | +€45,000 | |
| Distributable reserves | 133 | - | €45,000 | +€45,000 | |
| Profit (loss) carried forward | 14 | €85,138 | €843 | -€84,294 | -99.0% |
| Amounts payable | 17/49 | €43,453 | €163,589 | +€120,136 | +276.5% |
| Amounts payable within one year | 42/48 | €41,953 | €162,089 | +€120,136 | +286.4% |
| Trade debts | 44 | €2,748 | €5,664 | +€2,916 | +106.1% |
| Suppliers | 440/4 | €2,748 | €5,664 | +€2,916 | +106.1% |
| Taxes, remuneration and social security | 45 | €7,769 | €37,425 | +€29,656 | +381.7% |
| Taxes | 450/3 | €7,769 | €37,425 | +€29,656 | +381.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €31,436 | €119,000 | +€87,564 | +278.5% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,125 | €1,199 | -€3,925 | -76.6% |
| Other operating charges | 640/8 | €1,098 | €1,562 | +€465 | +42.3% |
| Gross operating margin | 9900 | €83,258 | €111,318 | +€28,061 | +33.7% |
| Operating profit (loss) | 9901 | €77,035 | €108,556 | +€31,521 | +40.9% |
| Financial charges | 65/66B | €135 | €568 | +€433 | +320.7% |
| Recurring financial charges | 65 | €135 | €568 | +€433 | +320.7% |
| Profit (loss) for the period before taxes | 9903 | €76,900 | €107,988 | +€31,088 | +40.4% |
| Income taxes | 67/77 | €15,966 | €27,282 | +€11,316 | +70.9% |
| Profit (loss) for the period | 9904 | €60,934 | €80,706 | +€19,772 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,934 | €80,706 | +€19,772 | +32.4% |
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 10 October 2026 via checked.be.