CLOITREXPRESS: 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.
CLOITREXPRESS
Largest movements
- Intangible fixed assets -€56,760
down €56,760 (-77.9%), from €72,852 to €16,092
- Receivables within one year +€48,645
up €48,645 (+113.8%), from €42,764 to €91,409
of which Other amounts receivable: +€31,040
- Cash -€21,958
down €21,958 (-42.9%), from €51,185 to €29,228
mainly Other debts (-€95,617) and Receivables within one year (-€48,645)
- Stocks and contracts +€2,825
up €2,825 (+5.8%), from €48,814 to €51,638
- Other debts -€95,617
no longer reported in 2025 (was €95,617)
- Trade debts +€77,885
up €77,885 (+69.6%), from €111,894 to €189,780
- Tax, wage and social debts -€40,096
down €40,096 (-47.3%), from €84,730 to €44,633
of which Taxes: -€24,807
- Accrued charges and deferred income +€22,000
up €22,000 (+858.4%), from €2,563 to €24,563
- Profit (loss) carried forward +€16,668
up €16,668 (+11.9%), from -€140,344 to -€123,676
- Staff costs -€41,708
down €41,708 (-51.7%), from €80,719 to €39,011
- Gross operating margin +€34,943
up €34,943 (+43.5%), from €80,246 to €115,188
- Other operating charges -€9,550
down €9,550 (-88.3%), from €10,811 to €1,261
- Taxes -€2,970
no longer reported in 2025 (was €2,970)
- Financial charges -€1,465
down €1,465 (-64.9%), from €2,258 to €793
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 | €232,896 | €208,874 | -€24,022 | -10.3% |
| Formation expenses | 20 | €1,250 | €1,250 | = | 0.0% |
| Fixed assets | 21/28 | €88,320 | €35,349 | -€52,970 | -60.0% |
| Intangible fixed assets | 21 | €72,852 | €16,092 | -€56,760 | -77.9% |
| Tangible fixed assets | 22/27 | €3,612 | €5,851 | +€2,240 | +62.0% |
| Plant, machinery and equipment | 23 | €1,500 | €3,740 | +€2,240 | +149.3% |
| Other tangible fixed assets | 26 | €2,112 | €2,112 | = | 0.0% |
| Financial fixed assets | 28 | €11,856 | €13,406 | +€1,550 | +13.1% |
| Current assets | 29/58 | €143,326 | €172,275 | +€28,949 | +20.2% |
| Stocks and contracts in progress | 3 | €48,814 | €51,638 | +€2,825 | +5.8% |
| Stocks | 30/36 | €48,814 | €51,638 | +€2,825 | +5.8% |
| Amounts receivable within one year | 40/41 | €42,764 | €91,409 | +€48,645 | +113.8% |
| Trade receivables | 40 | €33,425 | €51,029 | +€17,605 | +52.7% |
| Other amounts receivable | 41 | €9,340 | €40,380 | +€31,040 | +332.3% |
| Cash at bank and in hand | 54/58 | €51,185 | €29,228 | -€21,958 | -42.9% |
| Deferred charges and accrued income | 490/1 | €563 | - | -€563 | |
| Total equity and liabilities | 10/49 | €232,896 | €208,874 | -€24,022 | -10.3% |
| Equity | 10/15 | -€134,144 | -€117,476 | +€16,668 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,344 | -€123,676 | +€16,668 | +11.9% |
| Amounts payable | 17/49 | €367,040 | €326,350 | -€40,690 | -11.1% |
| Amounts payable after more than one year | 17 | €42,933 | €42,933 | = | 0.0% |
| Financial debts | 170/4 | €42,933 | €42,933 | = | 0.0% |
| Amounts payable within one year | 42/48 | €321,544 | €258,854 | -€62,690 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €29,303 | €24,442 | -€4,862 | -16.6% |
| Trade debts | 44 | €111,894 | €189,780 | +€77,885 | +69.6% |
| Suppliers | 440/4 | €111,894 | €189,780 | +€77,885 | +69.6% |
| Taxes, remuneration and social security | 45 | €84,730 | €44,633 | -€40,096 | -47.3% |
| Taxes | 450/3 | €47,538 | €22,732 | -€24,807 | -52.2% |
| Remuneration and social security | 454/9 | €37,191 | €21,901 | -€15,290 | -41.1% |
| Other amounts payable | 47/48 | €95,617 | - | -€95,617 | |
| Accrued charges and deferred income | 492/3 | €2,563 | €24,563 | +€22,000 | +858.4% |
| Remuneration, social security and pensions | 62 | €80,719 | €39,011 | -€41,708 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,760 | €57,456 | +€696 | +1.2% |
| Other operating charges | 640/8 | €10,811 | €1,261 | -€9,550 | -88.3% |
| Gross operating margin | 9900 | €80,246 | €115,188 | +€34,943 | +43.5% |
| Operating profit (loss) | 9901 | -€68,044 | €17,461 | +€85,505 | |
| Financial charges | 65/66B | €2,258 | €793 | -€1,465 | -64.9% |
| Recurring financial charges | 65 | €2,258 | €793 | -€1,465 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | -€70,302 | €16,668 | +€86,970 | |
| Income taxes | 67/77 | €2,970 | - | -€2,970 | |
| Profit (loss) for the period | 9904 | -€73,272 | €16,668 | +€89,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,272 | €16,668 | +€89,940 |
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 1 October 2026 via checked.be.