Clo'zer: 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.
Clo'zer
Largest movements
- Cash +€20,919
up €20,919 (+128.4%), from €16,298 to €37,216
mainly Net result for the year (+€32,476) and Depreciation (+€4,047)
- Receivables within one year +€10,521
up €10,521 (+36.1%), from €29,133 to €39,654
of which Other amounts receivable: +€10,209
- Tangible fixed assets -€1,461
down €1,461 (-35.5%), from €4,111 to €2,650
of which Plant, machinery and equipment: -€1,617
- Deferred charges and accrued income -€1,059
down €1,059 (-25.5%), from €4,147 to €3,089
- Reserves +€32,450
up €32,450 (+153.1%), from €21,200 to €53,650
- Tax, wage and social debts -€3,880
down €3,880 (-23.9%), from €16,256 to €12,376
- Gross operating margin +€45,714
up €45,714 (+2610.6%), from €1,751 to €47,465
- Taxes +€8,058
up €8,058 (+6019.0%), from €134 to €8,192
- Financial charges -€1,111
down €1,111 (-30.7%), from €3,618 to €2,507
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 | €53,689 | €82,608 | +€28,919 | +53.9% |
| Fixed assets | 21/28 | €4,111 | €2,650 | -€1,461 | -35.5% |
| Tangible fixed assets | 22/27 | €4,111 | €2,650 | -€1,461 | -35.5% |
| Plant, machinery and equipment | 23 | €2,306 | €688 | -€1,617 | -70.1% |
| Furniture and vehicles | 24 | €1,351 | €1,961 | +€611 | +45.2% |
| Leasing and similar rights | 25 | €455 | - | -€455 | |
| Current assets | 29/58 | €49,578 | €79,959 | +€30,381 | +61.3% |
| Amounts receivable within one year | 40/41 | €29,133 | €39,654 | +€10,521 | +36.1% |
| Trade receivables | 40 | €13,695 | €14,007 | +€312 | +2.3% |
| Other amounts receivable | 41 | €15,438 | €25,647 | +€10,209 | +66.1% |
| Cash at bank and in hand | 54/58 | €16,298 | €37,216 | +€20,919 | +128.4% |
| Deferred charges and accrued income | 490/1 | €4,147 | €3,089 | -€1,059 | -25.5% |
| Total equity and liabilities | 10/49 | €53,689 | €82,608 | +€28,919 | +53.9% |
| Equity | 10/15 | €24,253 | €56,729 | +€32,476 | +133.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €21,200 | €53,650 | +€32,450 | +153.1% |
| Distributable reserves | 133 | €21,200 | €53,650 | +€32,450 | +153.1% |
| Profit (loss) carried forward | 14 | €53 | €79 | +€26 | +48.8% |
| Amounts payable | 17/49 | €29,436 | €25,879 | -€3,557 | -12.1% |
| Amounts payable within one year | 42/48 | €29,436 | €25,879 | -€3,557 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €329 | - | -€329 | |
| Trade debts | 44 | €12,851 | €13,503 | +€652 | +5.1% |
| Suppliers | 440/4 | €12,851 | €13,503 | +€652 | +5.1% |
| Taxes, remuneration and social security | 45 | €16,256 | €12,376 | -€3,880 | -23.9% |
| Taxes | 450/3 | €16,256 | €12,376 | -€3,880 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,465 | €4,047 | -€418 | -9.4% |
| Other operating charges | 640/8 | €527 | €244 | -€283 | -53.7% |
| Gross operating margin | 9900 | €1,751 | €47,465 | +€45,714 | +2610.6% |
| Operating profit (loss) | 9901 | -€3,240 | €43,174 | +€46,415 | |
| Financial charges | 65/66B | €3,618 | €2,507 | -€1,111 | -30.7% |
| Recurring financial charges | 65 | €3,618 | €2,507 | -€1,111 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,858 | €40,668 | +€47,526 | |
| Income taxes | 67/77 | €134 | €8,192 | +€8,058 | +6019.0% |
| Profit (loss) for the period | 9904 | -€6,992 | €32,476 | +€39,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,992 | €32,476 | +€39,468 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.