Clogs: 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.
Clogs
Largest movements
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€46,817
up €46,817 (+43.1%), from €108,682 to €155,499
mainly Net result for the year (+€71,151) and Current investments (+€50,000)
- Receivables within one year +€23,240
up €23,240 (+111.9%), from €20,762 to €44,002
of which Trade receivables: +€23,240
- Financial fixed assets +€5,053
up €5,053 (+4.2%), from €121,375 to €126,427
- Reserves +€41,739
up €41,739 (+15.0%), from €277,674 to €319,413
- Other debts -€20,929
down €20,929 (-98.7%), from €21,215 to €285
- Gross operating margin +€6,757
up €6,757 (+7.6%), from €89,185 to €95,941
- Other operating charges +€2,864
up €2,864 (+2427.1%), from €118 to €2,982
- Financial income -€1,375
down €1,375 (-50.0%), from €2,750 to €1,375
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 | €310,636 | €333,298 | +€22,662 | +7.3% |
| Fixed assets | 21/28 | €130,926 | €133,416 | +€2,490 | +1.9% |
| Tangible fixed assets | 22/27 | €9,552 | €6,989 | -€2,563 | -26.8% |
| Plant, machinery and equipment | 23 | €162 | €1,229 | +€1,067 | +658.7% |
| Furniture and vehicles | 24 | €9,390 | €5,760 | -€3,630 | -38.7% |
| Financial fixed assets | 28 | €121,375 | €126,427 | +€5,053 | +4.2% |
| Current assets | 29/58 | €179,710 | €199,882 | +€20,172 | +11.2% |
| Amounts receivable within one year | 40/41 | €20,762 | €44,002 | +€23,240 | +111.9% |
| Trade receivables | 40 | €20,570 | €43,810 | +€23,240 | +113.0% |
| Other amounts receivable | 41 | €192 | €192 | = | 0.0% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €108,682 | €155,499 | +€46,817 | +43.1% |
| Deferred charges and accrued income | 490/1 | €267 | €382 | +€115 | +43.2% |
| Total equity and liabilities | 10/49 | €310,636 | €333,298 | +€22,662 | +7.3% |
| Equity | 10/15 | €277,674 | €319,413 | +€41,739 | +15.0% |
| Reserves | 13 | €277,674 | €319,413 | +€41,739 | +15.0% |
| Distributable reserves | 133 | €277,674 | €319,413 | +€41,739 | +15.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,962 | €13,885 | -€19,077 | -57.9% |
| Amounts payable within one year | 42/48 | €31,162 | €12,217 | -€18,945 | -60.8% |
| Trade debts | 44 | €91 | €100 | +€9 | +10.1% |
| Suppliers | 440/4 | €91 | €100 | +€9 | +10.1% |
| Taxes, remuneration and social security | 45 | €9,857 | €11,832 | +€1,975 | +20.0% |
| Taxes | 450/3 | €9,857 | €11,442 | +€1,584 | +16.1% |
| Remuneration and social security | 454/9 | - | €391 | +€391 | |
| Other amounts payable | 47/48 | €21,215 | €285 | -€20,929 | -98.7% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,668 | -€132 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,585 | €3,850 | +€264 | +7.4% |
| Other operating charges | 640/8 | €118 | €2,982 | +€2,864 | +2427.1% |
| Gross operating margin | 9900 | €89,185 | €95,941 | +€6,757 | +7.6% |
| Operating profit (loss) | 9901 | €85,481 | €89,110 | +€3,628 | +4.2% |
| Financial income | 75/76B | €2,750 | €1,375 | -€1,375 | -50.0% |
| Recurring financial income | 75 | €2,750 | €1,375 | -€1,375 | -50.0% |
| Financial charges | 65/66B | €896 | €782 | -€114 | -12.7% |
| Recurring financial charges | 65 | €896 | €782 | -€114 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €87,336 | €89,702 | +€2,367 | +2.7% |
| Income taxes | 67/77 | €17,888 | €18,552 | +€663 | +3.7% |
| Profit (loss) for the period | 9904 | €69,447 | €71,151 | +€1,704 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,447 | €71,151 | +€1,704 | +2.5% |
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 8 October 2026 via checked.be.