Clock Wise: 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.
Clock Wise
Largest movements
- Tangible fixed assets +€563,127
up €563,127 (+238%), from €236,146 to €799,272
of which Land and buildings: +€565,045
- Receivables within one year -€40,000
no longer reported in 2025 (was €40,000)
of which Other amounts receivable: -€30,000
- Cash +€17,610
up €17,610 (+2,950%), from €597 to €18,207
mainly Net result for the year (+€261,176) and Other debts (+€217,671)
- Profit (loss) carried forward +€261,176
up €261,176, from -€3,943 to €257,233
- Other debts +€217,671
up €217,671 (+114%), from €191,202 to €408,873
- Tax, wage and social debts +€82,200
new in 2025: €82,200
- Provisions -€23,750
no longer reported in 2025 (was €23,750)
- Gross operating margin +€360,268
up €360,268 (+1,241%), from €29,028 to €389,296
- Taxes +€82,200
new in 2025: €82,200
- Depreciation +€5,523
up €5,523 (+37.5%), from €14,723 to €20,247
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 | €279,743 | €817,480 | +€537,737 | +192% |
| Fixed assets | 21/28 | €239,146 | €799,272 | +€560,127 | +234% |
| Tangible fixed assets | 22/27 | €236,146 | €799,272 | +€563,127 | +238% |
| Land and buildings | 22 | €228,600 | €793,645 | +€565,045 | +247% |
| Other tangible fixed assets | 26 | €7,546 | €5,627 | -€1,919 | -25.4% |
| Financial fixed assets | 28 | €3,000 | €0 | -€3,000 | -100% |
| Current assets | 29/58 | €40,597 | €18,207 | -€22,390 | -55.2% |
| Amounts receivable within one year | 40/41 | €40,000 | - | -€40,000 | |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €597 | €18,207 | +€17,610 | +2,950% |
| Total equity and liabilities | 10/49 | €279,743 | €817,480 | +€537,737 | +192% |
| Equity | 10/15 | €64,230 | €325,406 | +€261,176 | +407% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,943 | €257,233 | +€261,176 | |
| Provisions and deferred taxes | 16 | €23,750 | - | -€23,750 | |
| Provisions for liabilities and charges | 160/5 | €23,750 | - | -€23,750 | |
| Other liabilities and charges | 164/5 | €23,750 | - | -€23,750 | |
| Amounts payable | 17/49 | €191,762 | €492,073 | +€300,311 | +157% |
| Amounts payable within one year | 42/48 | €191,762 | €492,073 | +€300,311 | +157% |
| Financial debts | 43 | €2 | €2 | = | 0.0% |
| Credit institutions | 430/8 | €2 | €2 | = | 0.0% |
| Trade debts | 44 | €558 | €998 | +€439 | +78.7% |
| Suppliers | 440/4 | €558 | €998 | +€439 | +78.7% |
| Taxes, remuneration and social security | 45 | - | €82,200 | +€82,200 | |
| Taxes | 450/3 | - | €82,200 | +€82,200 | |
| Other amounts payable | 47/48 | €191,202 | €408,873 | +€217,671 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,723 | €20,247 | +€5,523 | +37.5% |
| Other operating charges | 640/8 | €4,152 | €6,686 | +€2,534 | +61.0% |
| Gross operating margin | 9900 | €29,028 | €389,296 | +€360,268 | +1,241% |
| Operating profit (loss) | 9901 | €10,152 | €362,363 | +€352,211 | +3,469% |
| Financial charges | 65/66B | €20,068 | €18,988 | -€1,080 | -5.4% |
| Recurring financial charges | 65 | €20,068 | €18,988 | -€1,080 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,916 | €343,376 | +€353,292 | |
| Income taxes | 67/77 | - | €82,200 | +€82,200 | |
| Profit (loss) for the period | 9904 | -€9,916 | €261,176 | +€271,092 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,916 | €261,176 | +€271,092 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.