CloudAtWork: 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.
CloudAtWork
Largest movements
- Receivables within one year +€94,421
up €94,421 (+91.8%), from €102,861 to €197,282
of which Trade receivables: +€94,298
- Tangible fixed assets -€29,856
down €29,856 (-31.3%), from €95,531 to €65,676
of which Plant, machinery and equipment: -€20,301
- Cash -€3,987
down €3,987 (-14.3%), from €27,954 to €23,967
mainly Receivables within one year (-€94,421) and Other debts (-€44,954)
- Reserves +€52,375
up €52,375 (+107%), from €49,028 to €101,403
- Other debts -€44,954
down €44,954 (-67.7%), from €66,438 to €21,483
- Trade debts +€30,991
up €30,991 (+53.7%), from €57,668 to €88,659
- Tax, wage and social debts +€22,167
up €22,167 (+71.8%), from €30,862 to €53,029
of which Taxes: +€21,563
- Gross operating margin +€36,224
up €36,224 (+16.5%), from €220,163 to €256,387
- Depreciation +€7,771
up €7,771 (+22.9%), from €33,946 to €41,717
- Staff costs +€7,204
up €7,204 (+5.5%), from €131,217 to €138,421
- Taxes +€4,996
up €4,996 (+32.4%), from €15,415 to €20,411
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 | €226,346 | €286,924 | +€60,579 | +26.8% |
| Fixed assets | 21/28 | €95,531 | €65,676 | -€29,856 | -31.3% |
| Tangible fixed assets | 22/27 | €95,531 | €65,676 | -€29,856 | -31.3% |
| Plant, machinery and equipment | 23 | €57,688 | €37,387 | -€20,301 | -35.2% |
| Furniture and vehicles | 24 | €23,442 | €16,541 | -€6,900 | -29.4% |
| Other tangible fixed assets | 26 | €14,402 | €11,747 | -€2,655 | -18.4% |
| Current assets | 29/58 | €130,814 | €221,248 | +€90,434 | +69.1% |
| Amounts receivable within one year | 40/41 | €102,861 | €197,282 | +€94,421 | +91.8% |
| Trade receivables | 40 | €93,964 | €188,262 | +€94,298 | +100% |
| Other amounts receivable | 41 | €8,897 | €9,020 | +€124 | +1.4% |
| Cash at bank and in hand | 54/58 | €27,954 | €23,967 | -€3,987 | -14.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €226,346 | €286,924 | +€60,579 | +26.8% |
| Equity | 10/15 | €59,028 | €111,403 | +€52,375 | +88.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €49,028 | €101,403 | +€52,375 | +107% |
| Distributable reserves | 133 | €49,028 | €101,403 | +€52,375 | +107% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €167,318 | €175,521 | +€8,203 | +4.9% |
| Amounts payable within one year | 42/48 | €154,968 | €163,171 | +€8,203 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €57,668 | €88,659 | +€30,991 | +53.7% |
| Suppliers | 440/4 | €57,668 | €88,659 | +€30,991 | +53.7% |
| Taxes, remuneration and social security | 45 | €30,862 | €53,029 | +€22,167 | +71.8% |
| Taxes | 450/3 | €22,551 | €44,114 | +€21,563 | +95.6% |
| Remuneration and social security | 454/9 | €8,311 | €8,915 | +€604 | +7.3% |
| Other amounts payable | 47/48 | €66,438 | €21,483 | -€44,954 | -67.7% |
| Accrued charges and deferred income | 492/3 | €12,350 | €12,350 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €131,217 | €138,421 | +€7,204 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,946 | €41,717 | +€7,771 | +22.9% |
| Other operating charges | 640/8 | €587 | €667 | +€80 | +13.6% |
| Gross operating margin | 9900 | €220,163 | €256,387 | +€36,224 | +16.5% |
| Operating profit (loss) | 9901 | €54,413 | €75,582 | +€21,169 | +38.9% |
| Financial income | 75/76B | €0 | €503 | +€503 | |
| Recurring financial income | 75 | €0 | €503 | +€503 | |
| Financial charges | 65/66B | €447 | €299 | -€148 | -33.2% |
| Recurring financial charges | 65 | €447 | €299 | -€148 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €53,966 | €75,786 | +€21,820 | +40.4% |
| Income taxes | 67/77 | €15,415 | €20,411 | +€4,996 | +32.4% |
| Profit (loss) for the period | 9904 | €38,551 | €55,375 | +€16,825 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,551 | €55,375 | +€16,825 | +43.6% |
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 28 October 2026 via checked.be.