CLOU: 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.
CLOU
Largest movements
- Tangible fixed assets -€237,968
no longer reported in 2025 (was €237,968)
of which Land and buildings: -€155,133
- Receivables within one year +€95,702
up €95,702 (+1418.4%), from €6,747 to €102,450
of which Other amounts receivable: +€101,732
- Debts after one year -€218,955
no longer reported in 2025 (was €218,955)
- Reserves +€80,598
up €80,598 (+7633.5%), from €1,056 to €81,654
of which Tax-exempt reserves: +€80,598
- Other debts -€29,109
no longer reported in 2025 (was €29,109)
- Provisions +€26,866
new in 2025: €26,866
- Current portion of long-term debt -€12,673
no longer reported in 2025 (was €12,673)
- Gross operating margin +€106,049
up €106,049 (+467.7%), from €22,675 to €128,724
- Depreciation -€17,715
no longer reported in 2025 (was €17,715)
- Financial charges +€2,264
up €2,264 (+35.9%), from €6,310 to €8,574
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 | €246,194 | €103,487 | -€142,707 | -58.0% |
| Fixed assets | 21/28 | €238,028 | €60 | -€237,968 | -100.0% |
| Tangible fixed assets | 22/27 | €237,968 | - | -€237,968 | |
| Land and buildings | 22 | €155,133 | - | -€155,133 | |
| Plant, machinery and equipment | 23 | €82,834 | - | -€82,834 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €8,167 | €103,427 | +€95,260 | +1166.4% |
| Amounts receivable within one year | 40/41 | €6,747 | €102,450 | +€95,702 | +1418.4% |
| Trade receivables | 40 | €6,747 | €717 | -€6,030 | -89.4% |
| Other amounts receivable | 41 | - | €101,732 | +€101,732 | |
| Cash at bank and in hand | 54/58 | €1,419 | €978 | -€442 | -31.1% |
| Total equity and liabilities | 10/49 | €246,194 | €103,487 | -€142,707 | -58.0% |
| Equity | 10/15 | -€15,837 | €76,592 | +€92,429 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,056 | €81,654 | +€80,598 | +7633.5% |
| Tax-exempt reserves | 132 | - | €80,598 | +€80,598 | |
| Distributable reserves | 133 | €1,056 | €1,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,493 | -€23,662 | +€11,831 | +33.3% |
| Provisions and deferred taxes | 16 | - | €26,866 | +€26,866 | |
| Deferred taxes | 168 | - | €26,866 | +€26,866 | |
| Amounts payable | 17/49 | €262,031 | €29 | -€262,003 | -100.0% |
| Amounts payable after more than one year | 17 | €218,955 | - | -€218,955 | |
| Financial debts | 170/4 | €218,955 | - | -€218,955 | |
| Amounts payable within one year | 42/48 | €43,076 | €29 | -€43,047 | -99.9% |
| Current portion of amounts payable after more than one year | 42 | €12,673 | - | -€12,673 | |
| Trade debts | 44 | €1,294 | €29 | -€1,265 | -97.8% |
| Suppliers | 440/4 | €1,294 | €29 | -€1,265 | -97.8% |
| Other amounts payable | 47/48 | €29,109 | - | -€29,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,715 | - | -€17,715 | |
| Other operating charges | 640/8 | €2,011 | €955 | -€1,057 | -52.5% |
| Gross operating margin | 9900 | €22,675 | €128,724 | +€106,049 | +467.7% |
| Operating profit (loss) | 9901 | €2,949 | €127,770 | +€124,821 | +4232.9% |
| Financial income | 75/76B | - | €99 | +€99 | |
| Recurring financial income | 75 | - | €99 | +€99 | |
| Financial charges | 65/66B | €6,310 | €8,574 | +€2,264 | +35.9% |
| Recurring financial charges | 65 | €6,310 | €8,574 | +€2,264 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,361 | €119,295 | +€122,656 | |
| Transfer to deferred taxes | 680 | - | €26,866 | +€26,866 | |
| Profit (loss) for the period | 9904 | -€3,361 | €92,429 | +€95,790 | |
| Transfer to tax-exempt reserves | 689 | - | €80,598 | +€80,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,361 | €11,831 | +€15,192 |
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 4 October 2026 via checked.be.