Cloud Story: 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.
Cloud Story
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€84,392
down €84,392 (-89.3%), from €94,542 to €10,150
mainly Current investments (-€150,000) and Tax, wage and social debts (-€28,016)
- Receivables within one year -€48,920
down €48,920 (-94.4%), from €51,849 to €2,929
of which Trade receivables: -€51,849
- Deferred charges and accrued income +€2,868
up €2,868 (+976%), from €294 to €3,162
- Profit (loss) carried forward +€28,316
up €28,316 (+30.4%), from €93,089 to €121,405
- Tax, wage and social debts -€28,016
down €28,016 (-76.4%), from €36,650 to €8,633
- Trade debts +€21,010
up €21,010 (+276%), from €7,606 to €28,617
- Other debts -€3,271
down €3,271 (-100%), from €3,271 to €0
- Gross operating margin -€87,721
down €87,721 (-66.9%), from €131,180 to €43,460
- Taxes -€19,454
down €19,454 (-69.3%), from €28,087 to €8,633
- Depreciation -€2,599
down €2,599 (-28.9%), from €9,005 to €6,407
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 | €161,518 | €179,357 | +€17,839 | +11.0% |
| Fixed assets | 21/28 | €14,833 | €13,115 | -€1,718 | -11.6% |
| Tangible fixed assets | 22/27 | €14,833 | €13,115 | -€1,718 | -11.6% |
| Plant, machinery and equipment | 23 | €3,111 | €5,149 | +€2,038 | +65.5% |
| Furniture and vehicles | 24 | €6,323 | €3,159 | -€3,164 | -50.0% |
| Other tangible fixed assets | 26 | €5,399 | €4,807 | -€592 | -11.0% |
| Current assets | 29/58 | €146,685 | €166,241 | +€19,557 | +13.3% |
| Amounts receivable within one year | 40/41 | €51,849 | €2,929 | -€48,920 | -94.4% |
| Trade receivables | 40 | €51,849 | €0 | -€51,849 | -100% |
| Other amounts receivable | 41 | - | €2,929 | +€2,929 | |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €94,542 | €10,150 | -€84,392 | -89.3% |
| Deferred charges and accrued income | 490/1 | €294 | €3,162 | +€2,868 | +976% |
| Total equity and liabilities | 10/49 | €161,518 | €179,357 | +€17,839 | +11.0% |
| Equity | 10/15 | €113,791 | €142,107 | +€28,316 | +24.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,702 | €17,702 | = | 0.0% |
| Distributable reserves | 133 | €17,702 | €17,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,089 | €121,405 | +€28,316 | +30.4% |
| Amounts payable | 17/49 | €47,727 | €37,250 | -€10,477 | -22.0% |
| Amounts payable within one year | 42/48 | €47,527 | €37,250 | -€10,277 | -21.6% |
| Trade debts | 44 | €7,606 | €28,617 | +€21,010 | +276% |
| Suppliers | 440/4 | €7,606 | €28,617 | +€21,010 | +276% |
| Taxes, remuneration and social security | 45 | €36,650 | €8,633 | -€28,016 | -76.4% |
| Taxes | 450/3 | €36,650 | €8,633 | -€28,016 | -76.4% |
| Other amounts payable | 47/48 | €3,271 | €0 | -€3,271 | -100% |
| Accrued charges and deferred income | 492/3 | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,005 | €6,407 | -€2,599 | -28.9% |
| Other operating charges | 640/8 | €121 | €63 | -€58 | -47.6% |
| Gross operating margin | 9900 | €131,180 | €43,460 | -€87,721 | -66.9% |
| Operating profit (loss) | 9901 | €122,054 | €36,989 | -€85,064 | -69.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €45 | €41 | -€5 | -10.9% |
| Recurring financial charges | 65 | €45 | €41 | -€5 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €122,009 | €36,949 | -€85,060 | -69.7% |
| Income taxes | 67/77 | €28,087 | €8,633 | -€19,454 | -69.3% |
| Profit (loss) for the period | 9904 | €93,922 | €28,316 | -€65,606 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,922 | €28,316 | -€65,606 | -69.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.